Business

THE Zimbabwe Economic Policy Analysis and Research Unit (Zeparu) says the country’s debt to gross domestic product (GDP) ratio will balloon to 101,6% by year end due to legacy debt, farmers’ compensation and COVID-19. BY TATIRA ZWINOIRA On May 4, 2020, government announced an $18 billion COVID-19 economic recovery stimulus …

Business / Companies Chamisa urges Zimbabweans to free selves by Staff reporter <!– –> NELSON Chamisa, the MDC-Alliance leader, has admitted his party alone may not be able to push President Emmerson Mnangagwa out of his job through protests, telling journalists Friday it was time for the masses to take …

ZIMTRADE is working on an online store premised on the need to create a singular window for marketing and selling Zimbabwean products virtually, as part of its efforts to remain relevant and aligning to the evolving global trading environment. BY MTHANDAZO NYONI In its latest newsletter, the country’s export promotion …

Business / Companies ‘Ziyambi, Zanu-PF behind MDC chaos’ by Staff reporter ZANU PF politburo member Christopher Mutsvangwa has said Justice minister Ziyambi Ziyambi was behind the chaos in the opposition MDC, telling party officials that he was using the courts to ensure that “MDC goes back to running by its …

THE Reserve Bank of Zimbabwe (RBZ), which was using the fixed exchange rate of US$1:$25, says it will switch back to market-determined exchange rate as the Zimbabwe dollar continues to lose value. BY TATIRA ZWINOIRA The RBZ adopted this fixed exchange rate in March to stabilise the rapidly collapsing Zimdollar, …

Cassava Edutech has launched the Akello E-library, an online library platform offering numerous school curriculum books set to support the Zimbabwe’s education sector. Remarking on the launch, CEO of Cassava Smartech Zimbabwe, the holding company of Cassava Edutech, Eddie Chibi, said they were introducing the E-Library platform to the market …

Business / Companies Mnangagwa’s govt warns MDC about civil unrest by Staff reporter <!– –> Home Affairs minister Kazembe Kazembe said that Government would not put up with anarchy in the country and would deploy the full might of the law if the opposition crossed the line through unsanctioned mass …

The shared marketplace in South Africa is becoming more attractive for investors from all around the globe. Somehow, it’s hard to ignore the ongoing situation in the South African marketplace. The Johannesburg marketplace stands out the most because of its accessibility to international business companies. Five years ago, it wasn’t …

Business / Companies Teachers brew fresh shocker for govt by Staff reporter GOVERNMENT faces a new headache after eight teachers’ unions demanded an urgent meeting with their employer over salaries which they say now fall far below the poverty datum line of $5 551. The unions are demanding US$550 monthly …

Dear President Malpass I AM a senior official in Zimbabwe’s largest opposition party and the chairman of the Parliamentary Public Accounts Committee, but I am writing to you today as a private citizen and former Finance minister (2009-13). All Africans are grateful for your work to galvanise a global response …