ACTING Reserve Bank Governor, Dr Charity Dhliwayo has dismissed rumours that the Zimbabwe dollar might return to circulation soon.Speculation has been rife that with the recapitalisation of the centr...
Government's decision to take over the Reserve Bank of Zimbabwe (RBZ)'s $1,3 billion debt will hamper the country's economic revival, a local advisory firm has warned.TFS management company (TFS), a s...
Judicial managers are calling for the establishment of a well capitalised business rescue fund as they are struggling to access funding to rejuvenate distressed companies from banks.Most local compan...
The Zimbabwe National Chamber of Commerce will be chairing the Business Council of Zimbabwe for the term.This resolution was made yesterday after the business member organisations agreed to that, Emp...
The Mines and Mining Development Minister, Walter Chidhakwa has challenged the diamond mining joint venture firms operating in Marange to invest in community development.Minister Chidhakwa, who is on ...
CONCERN on the non-transferability of 99-year leases remains the single biggest impediment to efforts to the land use contracts acceptable as security for bank loans to fund initiatives aimed at rejuv...
Government disbursed about $42 million to distressed companies through facilities targeted at struggling firms in the first nine months of the year, an official said on Friday.The amount is, however, ...
Zimbabwe is among high risk investment destinations in Africa, a survey by Ernst & Young (EY) has revealed.In its "Africa by numbers: Assessing market attractiveness in Africa" survey, the financi...
Zimbabwe plans to set up a Pan-African Minerals University of Science and Technology (Pamust) in 2014 aimed at addressing issues of value addition for Africa's mineral resources in line with the conti...
Bulawayo industrialists have cried foul over Zimbabwe's over reliance on imports, arguing that uncontrolled imports, arguing that uncontrolled imports are driving the industry into deeper recession.Sp...
THE 2014 national budget statement should be hinged on funding infrastructure development projects and recapitalising strategic companies in Bulawayo, industrialists said yesterday. Finance and Econom...
The low disposable incomes that more than three quarters of the population in Zimbabwe receive has seen most consumers acquiring consumer credits from the retail sector but as a result of their depres...
Health Advisor to the Office of the President and Cabinet Dr. Timothy Stamps has expressed concern over the increase in illegally imported alcohol beverages and the flouting of regulations by importer...
Some Zimbabweans have saluted outgoing Reserve Bank Governor Gideon Gono for his sterling work during a tough 10-year tenure at the helm of country`s top bank, while others criticized him for taking t...
Learning to TradeMany people learn to drive a car in a quiet parking lot or on a quiet road on a Sunday afternoon. They start off by just sitting in the car and adjusting the seats and mirrors until t...
THE Zimbabwe Revenue Authority (Zimra) has warned of bogus "tax officers" going around the country's businesses under the guise that they are carrying out audits yet prejudicing them.In a notice, Zimr...
South Africa-based Tongaat Hulett (Tongaat)'s chief executive Peter Staude says he has had sleepless nights over Zimbabwe's indigenisation programme.His sugar-producing company, which holds a 50,3 per...
GOVERNMENT plans to scrap Aids levy and introduce a holistic National Health Fund which will draw its funds from the fiscus, bringing relief to the country's tax-burdened workers.Health and Child Car...
ZIMBABWE'S industrial lobby group has taken the National Social Security Authority (NSSA) to task over decisions by the authority to invest in weak financial institutions at a time when the manufactur...
THE Bankers Association of Zimbabwe says it has only suggested recommendations to enhance the proposed bankable 99-year leases contrary to widespread assertions it made fresh demands on the land use c...
GOVERNMENT says it plans to tap into Zimbabwe's diaspora population by issuing bonds to fund the construction of hydroelectric power plants.New generation capacity from the plants is projected to help...
In every economy, it is fundamental to have a sound, stable and healthy financial system to support the efficient allocation of resources and distribution of risks across the economy.Financial instab...
Tamuka Macheka has been elected president of the Hospitality Association of Zimbabwe (HAZ) . He was elected at the association's congress in Victoria Falls last week. Macheka is the general manager ...
THE Government is contemplating banning the importation of sugar and certain horticultural products as it moves to protect local farmers and enhance domestic farm production. The Deputy Minister of A...
A project that is estimated to cost $5,8 million on the upgrade and modernization of the ICT Infrastructure of the African Regional Intellectual Property Organization (ARIPO) and the Zimbabwean Intell...