Business

Zimbabwe has cleared 90% percent of its obligations to international airlines which amounted to about US$100 million, the International Air Transport Association (IATA) revealed Wednesday. As of July this year, The Harare administration, together with Nigeria, had between them owed some US$565 million of the $1.4 billion in airline revenues …

Musk says the “bird is freed” after $44 billion dealMusk fires Twitter CEO, CFO, policy chiefSome Twitter users flag willingness to walk awayPoll shows employee job concernsEU warns: “This bird will fly by our rules” Elon Musk has taken ownership of Twitter Inc (TWTR.N) with brutal efficiency, firing top executives …

The rainy season is upon us and in Zimbabwe it usually rains throughout the festive period and beyond – a time often characterised by lots of long distance travelling. In view of this, motorists need to be wary of the condition of their vehicle tyres. The state of your tyres …

The Zimbabwe Congress of Trade Unions (ZCTU) has warned top government officials and consultants covering up horrendous labour rights violations perpetrated by Chinese-owned companies. The union contends that since the arrival of Chinese capital in the country, a series of labour rights violations, which include murder of local workers, torture, …

Vice-President Constantino Chiwenga, who is also Health minister, has revealed that hospitals were this year starved of medicines by Treasury after it only released $5 billion of the Health ministry’s $15 billion allocation. This resulted in the ministry only managing to procure 14% of the required medicines for hospitals this …

Government has been sued for reportedly failing to compensate the claimed owner of the land where the country’s new Parliament building was constructed. Touted as a gift to Zimbabwe, the building US$140m building was constructed in Mt Hampden, some 18km, northwest of Harare. The imposing 650-seat structure heralds the start …

WhatsApp services are back online and the app should start working for users soon if it hasn’t already. WhatsApp is now working for the Android and iOS apps as well as via WhatsApp Web. Note that some users report that services are still not working on WhatsApp Web, but your …

Just like any living thing – a car needs to eat to stay alive and function. Without fuel in the tank, if it is not an electric vehicle, it is as good as one does not have a car, it simply won’t drive. So, one of the big decisions one …

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” …