• Africa won’t fall back into 1990s-style debt trap: AfDB

    AFRICA is unlikely to fall into the type of unsustainable debt trap seen in the 1990s despite a spike in borrowing and widening budget deficits, the African Development Bank (AfDB) […]

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  • Zim banks battle rising non-performing loans

    BALLOONING non-performing loans in Zimbabwe are hobbling banks in the cash-strapped country, forcing the institution of stricter lending criteria including tight profiling of borrowers. (more…) ‘

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  • 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. ‘

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  • 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 […]

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  • 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
  • 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 […]

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  • 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 banks battle rising non-performing loans
    RBZ-slider

    BALLOONING non-performing loans in Zimbabwe are hobbling banks in the cash-strapped country, forcing the institution of stricter lending criteria including tight profiling of borrowers. (more…) ‘

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

    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 […]

  • 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 […]

  • 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. ‘

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  • 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 […]

  • The IMF now talks of Ethiopia as Africa’s fastest-growing economy.
    Is Ethiopia still friendly ground for investment?

    Ethiopia has rightfully established a reputation as one of the most stable countries in the Horn of Africa with a record of economic progress to match. It has grown at […]

  • 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 […]

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