Business / Companies Zororo buried under medical supervision by Staff reporter <!– –> THE government has confirmed the burial Tuesday of journalist Zororo Makamba who died on Monday, succumbing to the COVID-19 pandemic which has wreaked havoc across the world. Makamba, the 30-year-old broadcaster son of businessman James Makamba, was …
Read More »BREAKING: RBZ re-introduces the United States Dollar
Business / Local BREAKING: RBZ re-introduces the United States Dollar by Mandla Ndlovu <!– –> The Governor of the Reserve Bank of Zimbabwe John Panonetsa Mangudya has announce that the United States Dollar can now be used as legal tender until further notice. In a statement issued on Thursday Mangudya …
Read More »Telcoms revenue jumps 181%
Business / Companies Telcoms revenue jumps 181% by Staff reporter The telecommunications industry’s annual revenue for year 2019 surged 181 percent to $4,5 billion compared to $1,6 billion recorded in the prior driven by inflation induced price hikes. Last year Zimbabwe experienced rapid price increases for goods and services across …
Read More »Gold production to slump by 29%
(adsbygoogle = window.adsbygoogle || []).push({}); GOLD production in the small-scale mining sector is projected to drop by 29% to 12 tonnes this year due to disruptions caused by COVID-19, an official has said. BY MTHANDAZO NYONI (adsbygoogle = window.adsbygoogle || []).push({}); The sector, which accounts for more than 60% of …
Read More »RBZ takes MDC advice on redollarization but….
Business / Economy RBZ takes MDC advice on redollarization but…. by Dr Tapiwa Maji-Marefu Mashakada Economist and MDC Secretary for Policy and Research <!– –> At long last it has happened. The RBZ has finally announced in its 26th March Monetary Policy announcement that with immediate effect the USD can now …
Read More »Black Box pens COVID-19 song
(adsbygoogle = window.adsbygoogle || []).push({}); UP-AND-COMING gospel musician Janet “The Black Box” Mhlanga recently penned a song on COVID-19 titled The Big C, themed around the virulent pandemic’s widespread effects including the interruption of normal life around the country. (adsbygoogle = window.adsbygoogle || []).push({}); BY GARIKAI MAFIRAKUREVA Mhlanga was …
Read More »Govt must address economic situation to stop illegal cross border – Mcijo
Business / Local Govt must address economic situation to stop illegal cross border – Mcijo by Stephen Jakes <!– –> Former Zimbabwe Congress of Trade Unions Western Region Regional Officer Percy Mcijo has urged the government to address the economic situation in the country so as to curb the problem …
Read More »African Continental Free Trade Area to suffer setback – Mashakada
Business / International African Continental Free Trade Area to suffer setback – Mashakada by Stephen Jakes <!– –> MDC top official and economist Tapiwa Mashakada has said the African Continental Free Trade Area is going to suffer a serious setback as a result of the Covid-19 pandemic. “When it’s operational …
Read More »Mine workers set for second quarter wage talks
(adsbygoogle = window.adsbygoogle || []).push({}); by Kudzai Kuwaza MINE workers and the Chamber of Mines will meet on Thursday to begin discussions over wage increments for the second quarter. The negotiations are being held amid a deepening economic crisis characterised by a crippling liquidity crunch, fuel and foreign currency shortages, …
Read More »Majority citizens’ food stocks will not last them two days during lockdown – Gandawa
Business / International Majority citizens’ food stocks will not last them two days during lockdown – Gandawa by Stephen Jakes <!– –> Former Higher, Tertiary, Science and Technology deputy minister Godfrey Gandawa has said it is sad that most of the citizens who survive from hand to mouth have no …
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