Archive | Business

TELECEL (2)

Govt consolidates telcos control

THE Zimbabwean government this week moved to consolidate its control of the mobile telecommunications sector in the country after announcing it had successfully concluded the acquisition of a 60% equity […]

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Zim’s gold output increases

ZIMBABWE’S gold deliveries to Fidelity Refiners and Printers rose to 17,3 tonnes in the 10 months to October compared to 14,8 tonnes during the corresponding period last year, buoyed by […]

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Currently, only about 4% of agricultural funding is coming from banks

Counting the cost of chaotic land reform

ZIMBABWE’S chaotic land reform exercise which began in 2000 continues to haunt the economy — 16 years on. Commercial farmers and formal agricultural structures have been destroyed and resultantly land […]

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The beleaguered Cottco is currently paralysed by squabbles between management and the board.

US$22m public funds sunk in Cottco

An escalating fight between management and the Cottco Holdings Limited (Cottco) board is threatening the viability of the group amid indications managers loyal to some shareholders are seen to be […]

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Cash-photo

Inflation gains on cash crisis

ZIMBABWE’S year-on-year inflation rate gained 0,37 percentage points in the month of October from the September rate of -1,33% as costs rise due to the impact of the country’s cash […]

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