Business

Ut wisi luctus ullamcorper. Et ullamcorper sollicitudin elit odio consequat mauris, wisi velit tortor semper vel feugiat dui, ultricies lacus. Congue mattis luctus, quam orci mi semper

EcoCash Transaction Limits Reviewed

Mobile money service operator EcoCash has adjusted upwards its transaction limits with users now able to send up to ZW$280 000 per month, and to shop and pay bills of up to ZW$400 000 in a single month. “The good news for EcoCash customers is that they can now transact …

Read More »

Don’t Come Back With ZWL$ Offer Again, Workers Tell Govt

Aggrieved civil servants say the government team leaders should not return with another ZWL$ offer at the negotiating table as the currency has weakened requiring weekly salary negotiations. The  call comes at a time when the workers rejected the government’s 100%  ZWL$ salary increment last week. The lowest civil servant earns about …

Read More »

FINSEC Derivatives Market Launches

News Editor The Financial Securities Exchange (FINSEC) will today launch the Derivatives Market to allow diversification of capital market products and trading, allowing market players to make more informed investment decisions. This follows the recent gazetting of Statutory Instrument 70 of 2022 as well as approval of the Derivatives Rules …

Read More »

Zanu PF Supporters Corner Ministers, RBZ Over Failure

ZANU PF supporters have strongly warned the party of impending electoral defeat in the 2023 general election and accused some of President Emmerson Mnangagwa’s deployees in government, particularly Finance minister Mthuli Ncube , of failing to address economic challenges while behaving as if they are sabotaging him. The Zanu PF …

Read More »

Mnangagwa Crony Alyaksandr Zingman Bags US$32 Million Fire Truck Deal

Local government minister July Moyo on Monday faced fresh accusations of circumventing the public tendering system by ordering rural and urban councils to divert devolution funds to pay for fire engines from a Belarusian company owned by President Emmerson Mnangagwa’s associate, Alyaksandr (Alexander) Zingman. The murky arrangement, which Moyo said was …

Read More »

Africa Housing Indaba Set For Zimbabwe

Zimbabwe, through Shelter Afrique, is set to host 45 African countries in July to deliberate on housing financing on the continent. Major international financiers, the International Monetary Fund (IMF), African Development Bank and other developers have confirmed participation including at least 25 reserve bank governors from the continent, a Cabinet …

Read More »

African Sun Invests Millions In Renovations

Hospitality group, African Sun Limited, is committing millions of dollars this current financial year, towards sprucing the image of its facilities as it repositions itself for the anticipated tourism rebound. The group has indicated one of its focus areas is enhancing guest experience and consolidate its market share. At Troutbeck …

Read More »

Attaching Residents Property Illegal

Local authorities are not allowed to arbitrarily attach property from residents or engage debt collectors to recover outstanding debts of rates and levies, but should pursue other options to recover the money they are owed. Responding to questions from back benchers in Parliament last week, Public Works and National Housing …

Read More »