Zimbabwean companies will be able to purchase equipment from India through a $100 million credit facility that the Asian country has availed, a Cabinet Minister has said. Industry and Commerce Ministe...
THE International Monetary Fund is committed to assisting Zimbabwe with stronger macro-economic policies and will continue to monitor the country's progress until June.The Bretton Woods institution sa...
Econet Wireless founder and chairman Strive Masiyiwa has been ranked among the top 50 greatest world leaders by CNN's Fortune magazine.In a list released last week, Masiyiwa is on number 35 out of 50'...
ZIMBABWE has requested more time from International Monetary Fund (IMF) to manage its wage bill as it could result in retrenchments of civil servants, a government official has said.In an update follo...
There was a time, not too long ago, when training and education budgets were one of the first cost cutting targets for businesses facing tough economic times. In this week's newsletter, we look at the...
ZIMBABWE is fulfilling terms of a payment plan it entered into with international financiers towards clearing the $6,1 billion global debt that it owes them, Finance Minister Patrick Chinamasa has sai...
Zimbabwe is not prepared to slash its public sector wage bill to meet debt-reduction plans agreed with the IMF because it will involve too many job cuts, the finance minister said on Wednesday.The Int...
China Exim Bank has granted Zimbabwe a $218 million loan to finance installation of a national mobile broadband network ecosystem, businessdaily has learnt.Chinese firm Huawei Technologies (Huawei), t...
Government and labour are headed for a showdown following the announcement by Finance minister, Patrick Chinamasa, that Cabinet was mulling reviewing labour regulations. Chinamasa said Cabinet had agr...
The International Monetary Fund (IMF) is set to re-open its local office later this year, a decade after its closure, signalling the warming of relations between the global lender and Zimbabwe. IMF de...
New RBZ Governor John Mangudya has the right qualifications and experience to lead the central bank, and his appointment inspires confidence in the market, business and labour leaders said yesterday. ...
A study has revealed that almost half of Zimbabwean remittance recipients are unbanked.The study released by the International Journal of Management and Humanity Sciences was based on a survey of 203 ...
The Comptroller and Auditor General's office has unearthed glaring financial irregularities at the ministry of Transport and Infrastructural Development, among them, the failure in two consecuti...
GOVERNMENT could face an avalanche of lawsuits after it unilaterally slashed salaries and allowances of parastatal bosses to a mere $6 000 per month, labour law experts warned yesterday.According to e...
State enterprises and municipal bosses, implicated in the on-going Salarygate scam might have prejudiced government of millions of dollars in possible tax revenue.Chinamasa told journalist on Tuesday ...
The Ministry of Industry and Commerce has cancelled all import and Export licences with effect from last week.Industry and Commerce minister Mike Bimha said holders of the old import and export licenc...
Emotional labourSome jobs have more emotional content than others. In this week's newsletter we look at the concept known as 'emotional labour', describing an aspect of all of our jobs where we deal w...
Zimbabwe has been urged to develop its dry port facilities in Namibia in order to increase its trade reach to the international market.A dry port is an inland terminal directly connected by road or ra...
THE Confederation of Zimbabwe Industries (CZI) is assessing the performance and status of its 300-strong members in view of the economic challenges companies in the country are facing.In an interview ...
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Government has slashed salaries and perks for parastatal and local authorities' bosses to $6,000 monthly, pending finalisation of a comprehensive salary structure being crafted by the Cabinet Committe...
A five member International Monetary Fund (IMF) comprising economists is in the country for the first Article IV consultations visit and Staff Monitoring Programme (SMP).The second visit is set for Oc...
Savior Kasukuwere made international news headlines during the inclusive government when he campaigned vigorously for the Indigenisation of foreign-owned firms in the country.One does not need to be a...
Direct government to government co-operation between France and Zimbabwe will resume before the end of the year, French Ambassador to Zimbabwe, Laurent Delahousse has said.Delahousse told a Zimb...
THE Zimbabwe National Road Administration (Zinara) plans to raise $47 million revenue this year through the fuel levy which will be channelled towards road rehabilitation and maintenance, a government...