WHEN a team from the Public Service Commission turned up at Mbiriyadi Primary School in Nyanga for a staff audit and headcount three years ago, the head handed them attendance registers. Hawk-eyed officials quickly spotted an anomaly.
Names of pupils...
Command agriculture is not sustainable, foreign currency shortages are discouraging investors, Government bureaucracy is frustrating businesses and taxes are too high.
This is according to Surface Wilmar, the country's biggest cooking oil manufacturer and maker of Buttercup margarine and Olivine...
By Prof. Tony Hawkins
Ten days ago, Zimbabwe’s new Finance Minister Mthuli Ncube was talking of abolishing bond notes and launching currency reforms before the end of the year. But on Tuesday, President Emmerson Mnangagwa ruled out any such reforms.
In...
Zimbabwe has secured $500 million worth of credit lines to ease the liquidity crisis faced by local industry, President Emmerson Mnangagwa told Parliament on Tuesday.
In his State of the Nation Address, Mnangagwa also said Zimbabwe would not rush to...
Zimbabwe’s Agriculture Marketing Authority (AMA) has issued $75 million in grain bills to purchase maize from farmers, the authority’s financial advisor CBZ Bank said on Monday.
AMA, a government agency tasked with marketing agricultural produce, will raise the money to...
Zimbabwe has secured a $250million line of credit facility from Gemcorp Group, a London-based investment group focused on emerging markets.
The five-year facility will enable the importation of essential and intermediate goods for Zimbabwe, Gemcorp said a statement released Monday.
Finance...
Shares in Econet Wireless, the country’s biggest telecoms firm, traded steady on Monday after the company announced it had begin negotiations that would have an impact on operations.
In a cautionary, Econet said it was “engaged in discussions and is...
The United States will not lift sanctions against Zimbabwe until the Government of President Emmerson Mnangagwa “changes its ways,” a senior U.S. economic official has said.
Manisha Singh, the U.S. Assistant Secretary of State for Economic and Business Affairs, told...
GOVERNMENT has scrambled to fund wheat imports and avert a bread shortage after a dire warning by millers that stocks could run out in the next few days.
Grain Millers Association of Zimbabwe (GMAZ)...
NEWLY appointed Finance Minister Mthuli Ncube on Wednesday met a group of high-profile executives in Harare, in his first public act since assuming office this week.
The former African Development Bank chief economist and vice president has perhaps the most...
