Govt orders salary freeze in parastatals

Business Writers Government has imposed a salary and benefits freeze for management at State Enterprises and Parastatals (SEPs) amid plans to have the salaries reflect their performance. There are

Finsec plans to add five new listings on ATP

Business Reporter The FINANCIAL Securities Exchange Limited (Finsec) expects to add five new listings on its Alternative Trading Platform (ATP) this year as more companies look to capital markets for

Zim firms can recoup Ofac confiscated money

Hebert Zharare Tens of millions of dollars belonging to local companies and individuals confiscated by the US Government Treasury Department’s Office for Foreign Assets Control (Ofac), can only

Is Zimbabwe’s problem a currency issue?

Taurai Togarepi Following years of hyperinflation, the country adopted a multi-currency system in February 2009 as a way to stabilise the economy. The strategy worked in the first few years…

No inconsistency: ED

Business Reporters PRESIDENT Emmerson Mnangagwa has asked business to bid it’s time as Zimbabwe aligns its laws with policy pronouncements that his Government has made since coming into

SMEs transition key in uplifting economy

Victor Bhoroma The transition of SMEs to big business or corporate is pivotal in any economy in the world. It is actually the relative measure of how well an economy…

Where will stock markets close in 2018?

Kudzanai Sharara The equities market is having a bad start to the year with all indices on the Zimbabwe Stock Exchange currently trading in the negative territory year to date.…

Is Zim entering an inflation wage spiral?

This week has been quite eventful as various entities released interesting bits information to the public. Three reports, which not only make for some interesting reading but are

Davos: A major opening for Zimbabwe

Next week’s meeting of the World Economic Forum in Davos, a Swiss alpine town and ski resort, offers President Mnangagwa a significant opportunity to rub shoulders with heads of

ZB to float $50m bond for urban tollgates

Livingstone Marufu zB Financial Holdings is in discussions with Harare City Council (HCC) to fund urban tollgates in the next few months to raise money for road rehabilitation and maintenance…

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