Business

ZIMBABWE risks being left behind in the digital era and this has been accelerated by the COVID-19 pandemic as local mobile network operators (MNOs) continue to charge sub-economic tariffs amid rising operating costs. BY Business reporter With the country in lockdown indefinitely since March 30, Zimbabweans have had to deal …

Business / Companies Caster oil rolls out Miss Rural beauty contest by Tarisai Mudahondo/ Simbarashe Sithole <!– –> Bio-technology company in Africa, Oil Castor Zimbabwe says it is working round the clock to have Miss Rural Africa Beauty Pageant relaunched at new platform to be unveiled on a later date. …

Zimbabwe’s inflation rose to 785.55% on an annualized basis in May, from 765.57% the previous month, the Zimbabwe Statistics Agency said today, laying bare the challenge of a weakening local currency and rising pieces. Business Reporter Month-on-month, inflation dropped slightly to 15.13% from 17.64% during the same period, Zimstat said. …

Business / Local Tips for maintaining cleanliness in the workplace by Staff Writer <!– –> A majority of people spend almost half of their day in the workplace. Others even spend more. The importance of maintaining cleanliness at work cannot be underestimated. It not only ensures a safe working environment, …

Zimbabwe’s inflation rose to 785,55% on an annualised basis in May, from 765,57% the previous month, the Zimbabwe Statistics Agency (ZimStat) said yesterday, laying bare the challenge of a weakening local currency and rising prices. BY Business Reporter Month-on-month inflation dropped slightly to 15,13% from 17,64% during the same period, …

The Reserve Bank of Zimbabwe (RBZ) measures to stem parallel market activities are proving to be futile as the Zimbabwe dollar continues to plunge on the forex parallel market. BY FIDELITY MHLANGA Even after the central bank clampdown on mobile money agents and ZIMSWITCH Instant Payment Interchange Technology (Zipit) transactions …

Business / Companies Stanbic Bank Zimbabwe in new thrust to make dreams possible by Nhlanhla Moses <!– –> Stanbic Bank Zimbabwe has launched a new tag line which is aimed at expressing a commitment to helping its customers realize their dreams as it promises to be a financial partner that …

One of President Emmerson Mnangagwa’s key economic policies was a return to the Zimbabwe dollar after years of using the greenback, but on Wednesday the government began undoing this, announcing that civil servants will get a US dollar allowance, probably the first sign that dollarisation was once again on the …

Business / Local ZSA concerned with exorbitant sugar prices charged by retailers by Stephen Jakes The Zimbabwe Sugar Association (ZSA) has said it has received numerous enquiries on the availability of sugar in the local market and has also noted, with serious concern, that some retailers and wholesalers are trading …

Pletnev and Barkhatov (2016) state that SMEs are playing a pivotal role in today’s economy. Due to this pivotal role, most countries in Europe have directed their focus to SMEs so that they have become the epicenter of the industrial revolution (Stanciu, 2014). Africa in general and Zimbabwe in particular …