Zimbabwe has signed an agreement with white former farmers for US$3.5 billion in compensation for improvements on farms taken over for resettlement under the land reform exercise.
But, why are farmers being compensated? What are they being compensated for exactly?...
Zimbabwe’s miners want to be allowed to use their gold output as security for foreign credit, saying increased country risk and central bank’s foreign currency regime has stalled expansion projects.
The government has targeted mining as its main route out...
Zimbabwe’s largest bank, CBZ Holdings, on Tuesday shut down seven of its branches and five offices after 35 of its employees tested positive for COVID-19.
The bank joins a growing list of companies and institutions that have publicly announced that...
Ariston grew more tea in the quarter to June than it did in the same period last year, but a global glut in supply hit export sales while local sales improved.
Global demand for macadamia was however firm, allowing the...
Common Law With Mike Murenzvi
“The safety of the people shall be the highest law”
― Marcus Tillius Cicero
If you’re like me, you’ll by now have gotten a bit lost on what’s permissible and what's not in the current lockdown laws....
Zimbabweans will now pay more to make calls and use the internet after the telecoms regulator authorised operators to peg their tariffs at the official exchange rate and in US dollars.
In a notice to operators on Wednesday, the Postal...
Energy company Distributed Power Africa (DPA) says it has secured 120MW of renewable power projects in Zimbabwe, with projects of over 30MW already deployed.
The projects that have already been built or are at advancted stages include installations at...
South African money manager Allan Gray has slashed the valuations for Zimbabwean stocks in its African fund by 45% following economic turmoil that saw the government shut the country’s bourse last month.
Zimbabwe’s official exchange rate and equity prices don’t...
In October 2018, the Zimbabwe government put up the ‘For Sale’ sign on mines owned by the Zimbabwe Mining Development Corporation (ZMDC). This was part of a privatisation drive targeting 35 state-owned firms.
Within a month of inviting bids, there...
Econet Wireless has filed an urgent chamber application to stop a search warrant issued against the company, saying it is an illegal violation of the privacy of its customers.
The actions against Econet are part of a plan to destroy...
