Business

THE World Bank (WB) says Zimbabwe needs about 15% growth, single digit inflation and about 9%  increase in productivity annually to reach an upper-middle-income status by 2030, in an outlook that rubbishes the government’s targets. Currently, the economy is working under an economic blueprint, the National Development Strategy 1 (NDS1) …

Economist Innocent Matshe was on Thursday named deputy governor of the Reserve Bank of Zimbabwe, with effect from October 1. Matshe takes over from Kupukile Mlambo, whose term expired in June after 10 years at the apex bank. RBZ governor John Mangudya said Matshe brings a “vast wealth of experience” …

By Bindura Bureau Madziwa FM, the only licensed community radio station in Mashonaland Central province has made calls for an urgent bail out to facilitate construction of its broadcasting room. The station is expected to be on air by April next year broadcasting from Madziwa Township, but as the deadline …

By Tawanda MatanhireHope your ride is now more enjoyable, and you are now equipped with a better understanding on vehicle maintenance. My last articles were laden with tips on how best to achieve this. The feed back has been phenomenal, giving a picture that many people out there are benefitting …

The World Bank has warned Zimbabwe that there is a need for a miraculous shift in the business environment to achieve an ambitious goal of becoming an upper-middle-income country by 2030 amid indications of a difficult operating environment. Speaking at the launch of the Country Economic Memorandum (CEM) in the …

The Reserve Bank of Zimbabwe (RBZ)  and  executives of local banks have been holding a series of crisis meetings in the past few days with the view to find a lasting solution to the liquidity crunch which can potentially hamper the upcoming summer cropping season, Business Times can report. Top officials from the Ministry …

An ambitious plan to build a race track meeting Formula 1 standards between Hwange and Victoria Falls in Matabeleland North has been nixed by the High Court. Justice Evangelista Kabasa of the Bulawayo High Court nullified a lease agreement for 500 hectares of land between the Hwange Rural District Council …

The ZBC is paying its employees salaries below the minimum set by the National Economic Council – and now workers are demanding a meeting with President Emmerson Mnangagwa. The state broadcaster’s workers committee on Thursday wrote to Nick Mangwana, the permanent secretary in the ministry of information, requesting a meeting …

There are only seven days left for the 15th edition of the Sanganai/Hlanganani World Tourism Expo to roar into life. Zimbabweans who have missed attending the fair physically for the past two years are in high spirits and eager to meet and mingle with investors that are trickling into the …

The reason I’m dwelling on the subject of vehicle maintenance is because it is the single most important aspect of owning these beautiful and useful machines – more important than affording it. What makes car maintenance hard for most people is that it requires a LOT of simple care strategies, …