Zimoco scoops top awards
Premium car distributor, ZIMOCO, last week scooped three prestigious awards after it came tops in the Southern African region.
Amid trade wars, what Africa must do
In World War II, my granduncle Frans Nyamande was among the people conscripted to fight in North Africa. He was entangled in the combat between Erwin Rommel and Bernard Montgomery. He did not know what this war was about. It was a World War but essentially a European war.
Thoughts on the critical skills audit report
I spent most of daylight Monday reviewing and reflecting on the 2018 National Critical Skills Audit Report by the Ministry of Higher and Tertiary Education, Science and Technology Development.
Hauna ‘starved’…. . . as tourists explore Honde Valley
Tawanda Musarurwa Hauna Growth Point, located in Honde Valley about 80 kilometres north of Mutare, touches in some way every aspect of tourism activity in the Honde Valley. But a sight-see…
Stabilising the Zim dollar through manufacturing
In order to verify why manufacturing is necessary for the stabilisation of the Zimbabwe dollar, we need to examine the country’s trade balance so far, with the weak manufacturing system that is currently in place.
Zesa seeks 9-fold tariff hike…seeks US dollar tariff converted using interbank
Zesa wants to convert its old 9,83 cent kilowatt hour to RTGS dollars at the interbank rate, a near 9-fold increase to almost $1 a unit.
Industry backs ring fencing, tariff hike
Industry has requested a power tariff hike in the interim while welcoming a proposed “ringfencing arrangement” for exporting firms, as strategies to address a crippling power crisis the country faces
Understanding economic cost of power shortages
Zimbabwe is currently experiencing crippling power shortages. As of yesterday, most parts of the country, including industrial areas, were going without power for upward of 18 hours.
Paynet sues Bankers Association for US$100m
Paynet, the former provider of bulk payments technology to Zimbabwe banks, blames the BAZ for the ending of its business.
Banks’ profitability tumbles 9 percent
ZIMBABWEAN banks suffered a cumulative 9 percent decline in profitability to $78 million in the first quarter of this year after some of the financial institutions incurred significant exchange losses, but their regulator says the industry remains largely stable.






