Zimbabwe urgently needs a new land administration system

By Ian Scoones Zimbabwe urgently needs a new system of land administration to harness development in the agricultural sector. The country’s land use and ownership have been significantly reconfigured by…

Dollar hurt by U.S. shutdown fears, Treasury yields at highest since 2014

LONDON – The dollar wallowed near three-year lows on Friday as heightened fears of a U.S. government shutdown unnerved investors, while U.S. Treasury yields continued an upward march to hit their highest…

Bonds slump slightly in line with weaker rand

South African bonds were a little weaker on Friday morning, following the rand that pulled away from its two-and-half year best to the dollar.

S.A tops Zim tobacco buyers

Elita chikwati HARARE – South Africa is currently topping the list of Zimbabwean tobacco buyers, latest statistics from the Tobacco Industry and Marketing Board (TIMB) show. China normally occupies the top…

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…

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