Economic reforms charm Indian investors

Investors from India looking to invest in Zimbabwe are increasingly hopeful that the fiscal and monetary policy changes that have been implemented by the Government will provide impetus to business deals between the two countries that had stalled

RBZ sets criteria for US$1,2bn debt

The Reserve Bank of Zimbabwe (RBZ) has announced revised qualification criteria for the US$1,2 billion external debt obligations the apex bank will assume from corporates.

Poor yields dampen agric value chains

DEVELOPING vibrant industrial value chains should be anchored on improved coordination and strengthening of linkages between farmers and agro-processing industries, industrialist Busisa Moyo, has said. 

Tobacco funding model needs a re-look

This week’s revelation by Tobacco Industry Marketing Board (TIMB), chief executive officer Andrew Matibiri that Zimbabwe only retains 60 percent of the tobacco crop’s export earnings should reignite calls for a new funding model that is aimed at returning more from the crop.

Mubayiwa now Stanchart director

Standard Chartered Bank Zimbabwe limited has appointed Mubaiwa Mubayiwa as new executive director replacing Samuel Nhakaniso who resigned from the financial institution in March this year.

Fuel price increase necessary

Now that we have dealt with the issue of optimal currency option, focus should shift to addressing economic distortions to sustain the Zimbabwean dollar. Our economy today is burdened by the damaging effects of economic distortions that are contributing significantly to currency instability.

Did you know? Unifreight Africa: From the road to radar

Fortunes can best be attained through retracing the achievers’ footprints.

Zesa says deal with Eskom close

State power utility Zesa has commenced commercial discussions with South Africa’s, Eskom, with a view to resume imports and plug a crippling power deficit.

Corrupt to the core

Remember William Gladstone (1809 – 1898). He was one of the leading statesmen during the reign of Queen Victoria of the United Kingdom. He served four terms as the Chancellor of the Exchequer and four times as Prime Minister, his last premiership being 1892 to 1894. He is indeed one of those larger-than-life men who stood watch over an empire on which the sun never set.

Pricing formulas needed for viability

The two fuel price increases in the last fortnight are an example of rigid adherence to a pricing formula that uses the interbank rate at the time of import as fixing the final cost of the fuels, so as interbank rates rise then fuel costs rise.

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