Runaway inflation deepens economic crisis
THE increase in year-on-year inflation to 765,57% for April as well as the 22% increase in the cost of living has brought to the fore the deepening economic…
Business
‘Policy flip-flopping crippling real estate’
PROPERTY investment and development company Mashonaland Holdings Limited recently published its first-quarter trading update in which it outlines some of the…
High Court blocks big eight fuel monopoly
THE 2020 licensing of fuel-import companies has taken a dramatic twist after the High Court declared null and void the Zimbabwe Energy and Regulatory Authority…
Paynet severs Ecocash deal
PAYNET Zimbabwe (Pvt) Ltd, a subsidiary of Cambria Africa, is terminating its fee-sharing arrangement with EcoCash Zimbabwe for the use of bulk payment…
Tongaat formulates Covid-19 continuity plan
SUGAR producer Tongaat Hulett has developed a business continuity plan (BCP) premised on the worst case scenario where the lockdown period is extended for a…
Critical economic lessons for Zim from South Africa
ZIMBABWE and South Africa share a long history of trade, socio-economic, political and cultural ties that span for decades. The two countries are separated by…
CTC blocks Innscor deal
ZIMBABWE Stock Exchange-listed Innscor Africa Limited’s efforts to dispose of its 25% shareholding in refrigerator maker Capri suffered a major blow after…
Agric sector awards paltry raise
WORKERS in the agricultural sector have been awarded an 118,18% salary increment, which will see the lowest paid employee receiving ZW$1 200 a month, only…
Which professions provide the best CEs?
THERE has been raging debate on which professions provide the best Chief executives, (CEs). I think to some extent this argument is based on a misunderstanding…
‘Restrictions on ZIPIT counter-productive’
IN a desperate bid to halt the rapid weakening of the Zimbabwean dollar, the Reserve Bank Zimbabwe (RBZ)’s Financial Intelligence Unit (FIU) has, with…
