Business

Zim backtracks on shutting bank lending after firms shut facilities

Zim backtracks on shutting bank lending after firms shut facilities

HARARE – The Reserve Bank of Zimbabwe has backtracked on its blanket directive to stop banks’ lending activities after Tongaat…
Govt moves to compensate depositors

Govt moves to compensate depositors

MILLIONS of taxpayers’ money will be channelled into reimbursing depositors whose United States dollar bank balances were wiped out in…
I’m being sabotaged: Mnangagwa

I’m being sabotaged: Mnangagwa

PRESIDENT Emmerson Mnangagwa yesterday appealed to the youth to expose businesses “sabotaging the economy” saying the prevailing economic crisis was…
‘Measures to defend currency soon’

‘Measures to defend currency soon’

Government will soon announce a raft of measures to stabilise and defend the Zimbabwe dollar against emerging inflationary pressures, some…
Mnangagwa Accuses Business Of Sabotage

Mnangagwa Accuses Business Of Sabotage

PRESIDENT Emmerson Mnangagwa yesterday accused business of sabotaging his government. Officially opening the Zimbabwe International Trade Fair (ZITF) in Bulawayo,…
Dangote renews interest in Zimbabwe

Dangote renews interest in Zimbabwe

NIGERIAN multinational industrial conglomerate, Dangote Group, is still interested in establishing a cement manufacturing plant in Zimbabwe. When that happens,…
Retailers Dump Zimdollar

Retailers Dump Zimdollar

Retailers in Harare have dumped the Zimbabwe dollar and are demanding payment in United States dollars for a number of…
Fuel Hikes to Worsen Economic woes

Fuel Hikes to Worsen Economic woes

GOVERNMENT yesterday increased prices of petrol and diesel by 23.78% and 18.23% respectively, a move that economists said will result…
Smuggling blitz nets 9 buses

Smuggling blitz nets 9 buses

The Zimbabwe Anti-Corruption Commission has intercepted and impounded nine buses carrying smuggled goods worth thousands of US dollars during an…
Econet partners Harare, Capitol for insurance scheme

Econet partners Harare, Capitol for insurance scheme

Econet Insurance, a subsidiary of EcoCash Holdings Zimbabwe, has partnered with Capitol Insurance Brokers and City of Harare to launch…
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