adminArmed men storm Cape Town mall
CAPE TOWN – Cape Town shoppers were left shaken after armed robbers stormed into the upmarket Cavendish Square in Cape Town, making off with an undisclosed amount of cash and…
Fly Africa unveils expansion plan
Business Reporter LOW-cost airline, Fly Africa, is set to introduce the Bulawayo-Johannesburg route next month as part of its expansion programme aimed at servicing more routes on the African continent.
Inflation down to -1.28 percent
Oliver Kazunga Senior Business Reporter THE country’s year-on-year inflation declined to -1.28 percent last month from the December 2014 rate of -0.80 percent, the Zimbabwe National Statistics Agency has said.
70pc Zimbabweans shun banks: FinScope
AN estimated 70 percent of the country’s population prefers keeping its money under “pillows and mattresses” despite the increase in financial inclusion mainly driven by mobile money platform, the FinScope…
Zim begins to repay European bank
THE government has started paying back loans it acquired from the European Investment Bank (EIB) as it moves to restore ties with the institution, a Cabinet Minister has said.
SMEs ‘engine for growth’
THE Zimbabwe Association of Microfinance Institutions (Zamfi) says small and medium scale enterprises (SMEs) require strategic guidance and financial support to be able to play a bigger and effective role…
Leather industry apex body set up
Business Editor THE Ministry of Industry and Commerce has set up a steering committee to spearhead the formation of the Zimbabwe Leather Development Council (ZLDC), an apex body that will…
RioZim anticipates increased operating loss
Senior Business Reporter RIOZIM says it is likely to report bigger losses for the full year to December 2014 owing to lower gold production at its Renco Mine, weak mineral…
Staff shortage, lack of resources blamed for zero pass rates
Factmore Dzobo Mpofini and Emboqane primary schools are a tale of two schools with one ending. More than a 100km separate the two schools, one in Matabeleland South and the…
How to walk in the spirit
Rev Sarah Nyathi Open Heavens Previously we discussed the law of “Sin and Death” which is examined at length by Paul in the Book of Romans chapters 7 and 8.…