IT happened so fast; so fast that no one can honestly claim they saw it coming.Just between Thursday and Friday the impact was everywhere.Shops felt it.The transacting public was hardest hit.Suppliers...
THE Zimbabwe National Chamber of Commerce (ZNCC) yesterday called on government to craft effective measures to curb smuggling, corruption at State enterprises and parastatals (seps) and porousness at ...
The Reserve Bank of Zimbabwe (RBZ) says it is finally working on an instrument to arrest cash dealers operating on the parallel market, where they are effectively controlling the economy with authorit...
GOVERNMENT yesterday engaged captains of industry and Reserve Bank of Zimbabwe (RBZ) officials with a view to locating and solving the challenges that caused the recent spate of price increases togeth...
THE Consumer Council of Zimbabwe (CCZ) yesterday slammed retailers for increasing prices of some basic commodities without justification.In an interview with The Herald, CCZ executive director Ms Rose...
Running a start-up SME business is often a very difficult and tricky affair.Emerging entrepreneurs face myriad challenges, which range from the first stages of coming up with a profitable business mod...
GOVERNMENT yesterday engaged captains of industry and Reserve Bank of Zimbabwe (RBZ) officials with a view to locating and solving challenges that triggered recent price increases and hoarding of prod...
FOR those not familiar with the semiotics and nomenclature of Zimbabwean language and politics, "2008" represents a "time of great suffering" - something between the suffering of God's people in Bibli...
CASH barons have hijacked the economy and are now holding it to ransom, as evidenced by the recent increments in prices which is driving inflation.RBZ governor John Mangudya said it was high time that...
As the nation sinks deeper into economic turmoil, business has been warned against seeking illegal ways to survive the harsh environment, as this comes with serious ramifications.Speaking to NewsDay o...
AFRICAN Export-Import Bank (Afreximbank) president, Benedict Oramah says they are working on $1 billion worth of deals with both public and private sector entities in Zimbabwe.Speaking at a dinner rec...
Cooking oil has found its way to the black market in Gweru, as leading retailers in the city have run out of the commodity, a snap survey has shown.Big supermarkets such as Pick n Pay and OK Zimbabwe ...
CAPTAINS of industry yesterday slammed social media reports suggesting that the country will soon face basic commodities' price increases and shortages.In separate interviews, business and industry ex...
RESERVE Bank of Zimbabwe governor, John Mangudya yesterday seemed to lay the blame for the impending economic collapse on the government, saying he had done everything he had promised to do."We have d...
The National Social Security Authority (Nssa) said its assets and operations are not affected by the recent High Court ruling which nullified the acquisition of Renaissance Financial Holdings Limited ...
The Law Society of Zimbabwe (LSZ) has over the years deregistered 29 lawyers while it is probing 14 others over alleged misconduct, the organisation's latest report revealed.According to the August 20...
THE Zimbabwe Revenue Authority (Zimra) has appointed Value Added Withholding Tax agents to curb the upsurge in tax refund pay outs that impact negatively on the country's net revenue collections.pay o...
Finance and Economic Development Minister Patrick Chinamasa has said the projected strong economic growth this year has increased the demand for foreign currency in the country.Speaking at the handove...
Zimbabwe is living from hand to mouth and has no capacity to build foreign currency reserves from export earnings, Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya has said.Mangudya last week sa...
Plans are at an advanced stage to resuscitate the Cold Storage Commission here, with the National Social Security Authority (NSSA) partnering Government as the majority shareholder.Modalities for the ...
CONTROVERSY surrounds local company Mansudae Boka Designs Private Limited's trade activities, amid reports it may be linked to North Korean company - Mansudae Overseas Project (MOP) Group of Companies...
ZIMBABWE'S approved potential investment projects more than doubled to nearly US$1 billion this year from US$451 million last year, although the majority have not taken off amid concerns that investor...
FIRST Lady Grace Mugabe's first born son, Russell Goreraza (33), and his business partner Valentine Gaucho imported seven top-of-the-range vehicles worth about US$2,5 million after brokering a controv...
FINANCE minister Patrick Chinamasa, through the ministry's permanent secretary Willard Manungo, last year illegally granted permission to a private mining company to import 12 million litres of fuel d...
Listed crocodile skin producer Padenga Holdings has reported a 100 percent rise in net income to $4, 05 million from $2 million in the half-year period to June 30, 2017, from the prior comparable peri...