The Zimbabwe Stock Exchange this week slipped 1.56 percent to 134.83 points while the mining index gained 0.26 percent to close at 60.89 points on the back of the losses recorded by Delta and Econet.
Zimbabwean activist Pastor Evan Mawarire of #ThisFlag, who is currently facing charges of subversion after leading protests demanding that President Robert Mugabe step down, says the problem Zimbabwe is currently facing are bigger than Mugabe.
Zimplats profit after tax for the half year to December improved to $16.2 million from a $620 000 loss last year, with a central bank export incentive accounting for over a third of earnings, the company said yesterday.
CBZ Holdings, Zimbabwe’s largest local financial group, yesterday reported a 32 percent drop in profit after tax to $23.7 million in the full year to December from $35.2 million last year and its Treasury Bills holdings doubled to $766 million.
The Ministry of Education should obtain the buy-in of teachers on the new curriculum and should equip them with the necessary tools and skills to enable them to successfully implement the new curriculum because teachers are one of the most critical components of a well-functioning educational system.
Zimbabwe’s hotel standards have drastically fallen compared to regional peers owing to a weakening economy and are not offering value to tourists, the Tourism and Hospitality minister, Walter Mzembi has said.