Zimbabwe slashes registration fees for bureaux de change to kill black market
The Reserve Bank of Zimbabwe (RBZ) today announced a major reduction in registration fees for setting up bureaux de change in the country, a move...
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Robert Mugabe Wikileaks cables – Part four
As Zimbabwe prepares for yet another elections which 94-yer-old President Robert Mugabe will contest, if his health permits, Zimbabwe should be looking at how the...
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Mobile banking transactions hit $800 million
Mobile based banking in April reached $792.5 million, an all time high as cash strapped Zimbabweans shift to digital platforms, recent report has shown. The...
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Proplastics gets nod for $5 million factory
Plastics manufacturer Proplastics says it has received board approval to construct a new $5 million factory with work expected to commence in the third quarter...
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Here comes Gono again
Former Reserve Bank of Zimbabwe governor Gideon Gono who became famous for his “failure is not an option” but saw the country slide to its...
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Robert Mugabe Wikileaks cables – Part Three
News about President Robert Mugabe’s trip to Singapore for a “routine medical check-up” has sparked the succession debate again especially in the Western media. British...
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Zimbabwe’s Steward Bank suspends DSTV payments
Zimbabwe’s Steward Bank has suspended payments to the pay-TV subsidiary of South Africa’s Naspers, citing unavailability of foreigncurrency, in a sign that dollar shortages are...
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Zimbabwe increases pension payouts
The National Social Security Authority today announced that it will increase minimum retirement pension benefit by 33 percent from $60 per month to $80 per...
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General Beltings capacity utilisation up 40 percent
General Beltings Limited, Zimbabwe’s sole manufacturer of conveyor belts says capacity utilisation has risen to 40 percent but business remains constrained due to an influx...
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Robert Mugabe Wikileaks cables – Part Two
When Zimbabwe signed the Abuja Accord in 2001 under which it agreed that orderly implementation of the land reform programme could only be meaningful and...