The rand was back under R12,50 to the dollar on Wednesday morning, strengthening more than 2 percent over Christmas on reports the new ANC national executive committee (NEC) wants President Jacob Zuma’s resignation. City Press reported on Christmas Eve that ANC president Cyril Ramaphosa and secretary-general Ace Magashule would lead discussions with Zuma to persuade […]
Rumbidzayi Zinyuke Senior Business Reporter — ZIMBABWE has come a long way since the beginning of 2000 until now. Not only has the economy been in both hyperinflation and deflation, it has seen the loss of its own currency,
Blessing Rwizi Business Correspondent — ALL retail shops in Mutare have increased prices of basic commodities after bakeries hiked that of bread last Sunday. But the Government through the Ministry of Industry, Commerce
Kudzanai Gerede Business Correspondent Last week, Finance and Economic Planning Minister Patrick Chinamasa presented the 2018 National Budget, which has been widely applauded by analysts for being economical at a time excessive spending on recurring expenditure was straining public finances for capital projects.
Senior Business Reporter Government has plans to fund and co-ordinate extension support towards horticulture producers in a bid to increase production from 2018. The programme, which will target commercial and smallholder producers, will see identified farmers receive support in the form of financial and extension services. This was revealed by Finance and Economic Development Minister […]
Liberty Dube Business Correspondent VUMBA Gateway Gardens – situated less than 10km from Mutare – has become the sought after ideal venue for private parties, weddings and other gatherings, apart from being a tourist attraction. The place is nestled in scenic Vumba Mountains and is situated along Vumba road. It’s flora, fauna and serene environs […]
Rumbidzayi Zinyuke Senior Business Reporter THE Hospitality Association of Zimbabwe has entered into a partnership with an ICT company for the development of a booking engine that will increase online hotel bookings and grow revenues. Speaking on the sidelines of the Association’s annual congress held in Nyanga last week, HAZ human resources committee chairman Mr […]
Kudzanai Gerede Business Correspondent Economic analysts have hailed the tone set by President Emmerson Mnangagwa that hinges upon fiscal consolidation and strict adherence to sound corporate governance as central to the renaissance of the country’s economy.
Farming Reporter MANICALAND farmers are racing against time to plant maize with a paltry 10 000 hectares, out of a target of 260 000ha having been planted, amid manifestation of the notorious fall armyworm whose scouting and eradication should be done soon after germination to minimise damage.