Banking sector in turmoil
A DARK cloud is hovering over the banking sector as financial institutions are shutting down branches as a cost-cutting measure as they embrace digitisation,…
Business
Miners to earn 52% of wages in forex
NEGOTIATIONS for the second-quarter minimum wage in the mining sector are still ongoing with indications that 52% of the agreed minimum wage will be paid in…
Govt orders dual pricing policy
THE Zimbabwean government gazetted Statutory Instrument (SI) 185 of 2020 on July 24, 2020. The latest regulation compels sellers of various goods and services…
Currency volatility halting our developmental plans
JULY 27, 2020, marked a new beginning for Botswana-based retailer Choppies Enterprises. The Botswana Stock Exchange (BSE) announced that Choppies securities…
British govt warned against causing African wildlife conservation crisis
OBSERVERS worldwide are appalled by the proposed British government anti-trophy hunting imports Bill.They are concerned that the ban will cause much greater…
Mid-term budget hits, misses
THE 2020 Mid-Term Budget and Economic Review was delivered amid high inflation levels and declining economic productivity that has been worsened by the…
ZNCC castigates Ncube’s half-year budget review
THE Zimbabwe National Chamber of Commerce (ZNCC) has criticised the mid-year budget review for failing to put in place a detailed de-dollarisation framework at…
Miners threaten strike over forex wage
WAGE negotiations between the Chamber of Mines and the Associated Mine Workers’ Union of Zimbabwe (Amwuz) have hit a deadlock over a demand by mine workers…
De-dollarisation: Govt swims against the tide
GOVERNMENT, which is losing the battle to prevent de-dollarisation, says the foreign currency transition in the economy came at industry’s request, but the…
IMF slates shambolic govt account book
THE International Monetary Fund (IMF) has raised a red flag over the credibility of the government’s financial accounts, especially in relation to…
