Economy

Economy

economy

Firm seeks end to claims fraud

Zimbabwean tech-solutions provider, Fanset International, says it is ready to roll out a new innovative insurance product — the Fanset Usage Based Insurance (Fanset...

Zimbabwe stock market can boost your income

For years, our sister paper The Herald, has been carrying the stock market price sheet on the back page of its business section every...

Zim Tourism Sector Lost Us$1b During Covid-19 Lockdown

ZIMBABWE could have lost between US$500 million and US$1 billion during the closure of the tourism sector due to the devastating coronavirus lockdown, the...

Zimbabwe energy comopany announces 50 percent tariff hike

HARARE – The Zimbabwe Electricity Transmission & Distribution Company (ZETDC) on Wednesday raised electricity tariffs by 50 percent, as it warned there would now...

Corruption costs Zimbabwe US$7bn — Speaker

Zimbabwe could have lost up to US$7 billion to corruption and other illicit activities between 2009 and 2017, Speaker of the National Assembly Advocate...

Firm Gold Price Rescues Riozim

Foreign currency allotments leapt almost 50 percent in yesterday's auction to more than US$31,6 million, smashing spectacularly a record set just a week ago,...

Forex Auction Allotments Top U.S.$30m F

Foreign currency allotments leapt almost 50 percent in yesterday's auction to more than US$31,6 million, smashing spectacularly a record set just a week ago,...

Legal dispute over aborted NRZ investment plan

ZIMBABWE: National Railways of Zimbabwe’s decision to terminate a US$400m recapitalisation agreement is being challenged in court by the Diaspora Infrastructure Development Group, which...

Zimbabwe’s ‘command agriculture’ a huge flop, free market a success

Zimbabwe imported agricultural products worth more than US$1bn — half of it maize — last year, despite investing more than US$3bn in “command agriculture”,...

Salary Negotiations Between Apex Council And The Govt Collapse

Salary negotiations between the government and the Apex Council which represent some civil servants reportedly collapsed last week because they could not reach an...