• Bank charges too high: Mangudya

    THE Reserve Bank of Zimbabwe (RBZ) has expressed grave concern over soaring bank charges fuelled by worsening cash shortages in the domestic market. ‘

    mangudya-zi
  • Million-man march a succession manoeuvre

    WEDNESDAY’S million-man march organised by the Zanu PF Youth League with active support from President Robert Mugabe proved to be a succession tactic and manoeuvre by the embattled leader, ruling […]

    march-slider
  • Minister in fresh energy scandal

    ENERGY minister Samuel Undenge is lurching from one scandal to another — this time he neglected or ignored technical and expert advice that the US$194 million-a-year Dema Diesel Power Plant […]

    Energy minister Samuel Undenge
  • Govt interventions: Bank queues back

    Monetary policy measures announced recently by Reserve Bank of Zimbabwe (RBZ) governor John Mangudya that the central bank will introduce export incentives and bond notes to ease cash shortages have […]

    People spend hours in bank queues only to be told the banks have run out of cash, while ATMs are sometimes disabled.
  • Mining sector under-funded

    Zimbabwe faces an uphill task raising funding for its extractive industry which requires huge capital expenditure to ramp up production at a time the sector is battling power shortages, antiquated […]

    Mining executives say the extractive sector faces an uphill task to raise funding to retool.
  • Zesa scandals: Undenge blames CEO
    ENERGY minister Samuel Undenge

    ENERGY and Power Development minister Samuel Undenge, who is in the eye of a storm following revelations that the country’s controversial power-generation projects were inflated by more than US$500 million […]

    ... Read more
  • BANK-que
    Cash shortages create market chaos

    ZIMBABWE’S cash crunch has exacerbated over the past few weeks on the back of declining exports and panic withdrawals following the Reserve Bank of Zimbabwe interventions ostensibly to stimulate exports, […]

  • John-Mangudya-slider
    ‘Plastic money can help to thwart corruption’

    ALTHOUGH the government through the Ministry of Finance and the Reserve Bank of Zimbabwe (RBZ) is urging people to use plastic money, it has emerged that most government departments and […]

  • march-slider
    Million-man march a succession manoeuvre

    WEDNESDAY’S million-man march organised by the Zanu PF Youth League with active support from President Robert Mugabe proved to be a succession tactic and manoeuvre by the embattled leader, ruling […]

  • AfDB
    Govt peddles recovery plan at AfDB summit

    ZIMBABWE will present its arrears clearance plan on the sidelines of the African Development Bank (AfDB) meeting in Lusaka Zambia which ends today amid a growing financial crisis characterised by […]

  • Zim sells 120 000 carats of diamonds
    Mines secretary Francis Gudyanga

    ZIMBABWE this week tendered 120 000 carats of diamonds from its Marange fields that could fetch between US$6 million and US$8,4 million at current average prices obtaining on the international market […]

    ... Read more
  • ZPC
    ZPC commissions Kariba South expansion cranes

    THE Zimbabwe Power Company (ZPC) has commissioned overhead travelling cranes in the powerhouse of the new 300 megawatt (MW) Kariba South Expansion facility which is taking shape 130 metres in […]

  • Zera CEO Gloria Magombo
    Govt to curb fuel smuggling — Magombo

    Zimra recently reported it missed revenue targets for excise duty and this can be attributed to a reduction in the volumes of fuel imports. ‘

  • Mining executives say the extractive sector faces an uphill task to raise funding to retool.
    Mining sector under-funded

    Zimbabwe faces an uphill task raising funding for its extractive industry which requires huge capital expenditure to ramp up production at a time the sector is battling power shortages, antiquated […]

  • Ashton-Ndlovu1
    Murowa: RioZim violated ZSE rules

    RioZim Ltd concealed key information that Harpal Randhawa, a majority shareholder in the mining group, was interested in acquiring Murowa Diamonds, the company’s 22% owned diamond asset, in violation of […]

  • Zim’s greatest asset is its enterprising people
    ritesh

    As I entered the gate to one diplomat’s residence recently, I was greeted by a security guard: “Good evening, Mr Anand,” he said. ‘

    ... Read more
  • Faith-Zaba-cut
    Million-man march sheer waste of time

    TENS of thousands of Zanu PF supporters bussed from the country’s 10 provinces on Wednesday marched into Harare’s City Centre and converged opposite Harare Show Grounds, dubbed “Freedom Square” by […]

  • brett-chulu2
    Why EcoCash is losing Taxi Wars

    A PHENOMENON called invisible entrepreneuring (not entrepreneurship) explains why EcoCash is failing to take root in Zimbabwe’s commuter taxi (kombi) industry. EcoCash is involved in a taxi war, albeit, an […]

  • Common cause ... Pastor Evan Mawarire (left) and Patson Dzamara, brother to disappeared activist Itai.
    Mawarire new thorn in the flesh for govt

    Pastor Evan Mawarire started the most subversive protest movement in Zimbabwe’s recent history by accident. He was fed up with the state of his nation, and decided to share his […]

  • People spend hours in bank queues only to be told the banks have run out of cash, while ATMs are sometimes disabled.
    Govt interventions: Bank queues back

    Monetary policy measures announced recently by Reserve Bank of Zimbabwe (RBZ) governor John Mangudya that the central bank will introduce export incentives and bond notes to ease cash shortages have […]

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