Business

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No plans to dump Zimdollar: Minister

FINANCE deputy minister Clemence Chiduwa yesterday said the government had no plans to dump the free-falling Zimbabwe dollar, adding that authorities would instead ramp up surveillance and penalise businesses using the black-market rate. Businesses are pricing goods and services in United States dollars while some are using the parallel market …

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Mukuru To Sponsor Crystal Palace

International money transfer agency Mukuru, which was founded by Zimbabwean Rob Burrell, will become a sleeve sponsor for English Premier League club Crystal Palace for the 2022/23 season, the club announced on Wednesday. Founded in 2004, the UK-headquartered company is now one of the largest money transfer providers in Africa …

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Nurse Aid Certificate The New Gold

FOR 35-year-old Lorraine Siziba, attaining a nurse aid’s certificate is nudging her closer to achieving her goals. Siziba has never been formally employed since completing a Bachelor’s degree five years ago. She completed her studies in land surveying with flying colours, but finding a job has been an uphill task …

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Bring Us Money, Not Your Votes

…Diaspora puts president under fire PRESIDENT Emmerson Mnangagwa has come under heavy criticism for wanting to abuse diasporans by luring them into investing millions of dollars in the country, while he continues denying them the right to vote.  Mnangagwa on Monday spoke about diaspora investments while addressing thousands at the …

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Broke NRZ Coughs Up US$3,5m On Locomotives, Wagon Hire

THE cash-strapped National Railways of Zimbabwe (NRZ) is spending approximately US$3,5 million annually towards hiring locomotives from foreign companies, with revelations that the rail firm is currently battling a dwindling revenue base, the Zimbabwe Independent can report. The NRZ is the principal transporter of heavy cargo, and revenues have been …

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Dismissed NMB Workers Take On Employer

The National Employment Council had reinstated the 26 and NMB filed an appeal at the Labour Court where Justice Godfrey Musariri on March 22 ruled in favour of the employees. NMB, through its head of human capital Pamela Chinhoyi, has given notice to appeal at the Supreme Court, saying Justice …

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Fuel Cost Increases Ignite Bread Price Spike

GOVERNMENT’S failure to provide Real Time Gross Settlement (RTGS) fuel and the increase in United States dollars fuel prices have triggered the latest rally in the cost of producing bread. As a result, a standard loaf of bread now costs more than US$2 after its price shot up by 30% …

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