South Africa’s business confidence index eases again in May

JOHANNESBURG – South Africa’s business confidence fell for a fourth month in a row in May, mainly due to a slide in trade activity and higher consumer inflation following a…

Ginnery accused of side marketing Govt contracted cotton

HARARE – Local ginning company Alliance  Ginneries on Tuesday failed to provide Parliament with evidence that it  contracted farmers to grow cotton and yet it was on the ground buying  the crop…

Local bourse opens higher

The Zimbabwe Stock Exchange’s All Share index closed higher at 112.11 after gaining 2.12 points (or 1, 93 percent) on the back of strong performance in heavy weight counters.

Zimbabwe can attract tourists again

Livingston Marufu With the global media awash with Zimbabwe reports since the ouster of former President Mugabe in November last year, the new administration can now capitalise on that positive…

Towards paperless banking systems

Enacy Mapakame Zimbabwean banks have accelerated the switch to paperless transactions, but the rural people risk being left behind due to digital divide.

How mining firms can raise capital

Panashe Sachikonye While giving his address at the Chamber of Mines Zimbabwe conference in Victoria Falls recently, Mines and Mining Development Minister Winston Chitando, stated that most mining companies have…

‘Honeymoon over for mining speculators’

Golden Sibanda It was good while it lasted, but Government will have none of it, not anymore. The honeymoon is over for speculators on mining ground. And it had to…

About fuel, and forex shortages

Taurai Mangudhla Foreign currency problems emanating from externalisation and declining productivity are no secret in Zimbabwe and several measures, including tightening exchange controls and importing more cash, have been adopted…

Govt needs to make it easy for SMEs

John Robertson Despite many improvements in longer — term prospects, economic activity in Zimbabwe’s formal business sectors is being affected by high costs, serious liquidity constraints and lengthening delays in…

Econet’s DPA targets 100MW over 2 to 3yrs

Golden Sibanda Ecomet Wireless Zimbabwe subsidiary, Distributed Power Africa (DPA), which has invested $250 million into rolling out its project of installing solar power systems on client premises, says it…

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