Economy

Economy

economy

Desperate Zimbabweans use cell phone transfers to get cash

HARARE, Zimbabwe (AP) - After protests brought Zimbabwe's capital to a standstill earlier this month, Harare has returned to its normal bustle and Tedius...

Social Welfare Department blames cash crisis for failure to disburse $9 million

A government department has blamed the Reserve Bank of Zimbabwe (RBZ) for its failure to disburse $9 million meant for vulnerable groups. The money allocated...

Zim government offers workers a 76% salary hike

The Zimbabwean government has offered its employees a 76% pay increase – which is, nonetheless, short of what they are demanding, according to a...

Beef Prices From Selected Supermarkets In Zimbabwe For The Week Of 23 August

Prices have been going up every day for virtually all commodities. Sometimes it’s hard to keep track of these changes., we are here to...

Baba Jukwa demands $500k for ‘military umbrella’ arrest

FORMER Sunday Mail editor Edmund Kudzayi is demanding $500 000 compensation from the police who arrested him for possessing a camouflage umbrella earlier this...

Ncube mulls new salary increases

FINANCE minister Mthuli Ncube is mulling fiscal and monetary policy interventions to stimulate the economy. The measures will, among other outcomes, see interest rates...

Zim needs stronger investments management framework for govt

GOVERNMENT investments have become an economic growth strategy for emerging economies, a welcome departure from heavy reliance on traditional fiscal systems through taxes. With the...

Zec ignores foreign currency ban, charges local observers in US$

LOCAL observers and journalists hoping to cover upcoming by-elections in Zimbabwe will now have to pay some foreign currency in order to be accredited,...

Oil From Chad, Angola To Sell Above Nigerian Grade

Crude oil from Angola, Chad and Cameroon is rising in value over Nigerian grades, as refineries in Europe shape up to meet new International...

Corruption is a scourge to investors – ED

ZIMBABWE’s high rate of corruption chases away potential investors, President Emmerson Mnangagwa said Wednesday. Mnangagwa was speaking at the launch of the anti-corruption awareness campaign...