CAUGHT in a dilemma between printing money and possibly fuelling inflation, or nursing acute cash shortages, President Emmerson Mnangagwa's government has turned to militant policies, controlling some...
The enduring crisis in Zimbabwe presents a conundrum to a lot of people.To the generality of Zimbabweans,whose only desire is the pursuit of a dignified existence, the debilitating liquidity crunch, f...
THE country's fuel crisis is getting worse as long winding queues have begun to resurface across the country, a week after government banned the use of the multi-currency system.Deputy Energy minister...
President Emmerson Mnangagwa yesterday met members of the Presidential Advisory Council (PAC) amid the deteriorating economic situation in the country which has seen prices of basic goods skyrocketing...
THE political and socio-economic crises in Zimbabwe is slowly edging towards the tipping point as espoused by the Registrar-General (RG) Office's failure to issue passports and standard national ID ca...
Zimbabwe's real estate sector is under immense pressure to review rentals in response to the country's deteriorating economy, which has resulted in rising operating costs, defaults and voids.First Mut...
Mobile network operators became the latest sector to increase prices for their products with an upward adjustment of tariffs for broadband services following the floating of the country's local curren...
Text of speech by MDC leader Nelson Chamisa as prepared for delivery at a news conference in Harare on Tuesday, January 29:THE situation in the country has reached crisis levels. The country is curren...
Last week on November 24 Emmerson Mnangagwa was in Murombedzi - former president Robert Mugabe's village backyard in Mashonaland West - to commemorate his chequered one year in office following his co...
PPC Zimbabwe Ltd is stuck with R896 million (US$64,2 million) due to its parent company after the local company failed to remit rights issue proceeds and other amounts due to the Johannesburg Stock Ex...
CERTIFIED herbal medicines manufacturer, Musimboti Traditional Science and Technology Institute (MTSTI), has over the past two months experienced a surge in business as patients resort to traditional ...
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube says government expects to announce a plan to tackle the on-going currency crisis by month-end and confirmed that he expects to r...
SABLE Chemicals Industries (Sable), Zimbabwe's only manufacturer of ammonium nitrate (AN), says it will only be able to meet just about 38% of national demand this year.AN is a top-dressing fertiliser...
DURING the past week, the media has been awash with reports of price hikes of goods and some commodities running out on the market.Products ranging from cement to chickens and other basic commodities ...
THE deepening foreign currency crisis in Zimbabwe is hampering government's efforts to mechanise the agro sector through the Command Agriculture programme, the Office of the President and Cabinet said...
The Zimbabwe Anti-Corruption Commission (Zacc) has threatened to go after businesses that do not bank cash proceeds as well as financial institutions that allegedly channel cash into the informal sect...
ZIMBABWE was by yesterday left with less than a month of wheat stocks after a United Kingdom-based supplier held back a 30 000-tonne consignment at Mozambique's port of Beira until payment is confirme...
ENERGY minister Simon Khaya Moyo yesterday blamed the crippling fuel shortages being faced by the nation on late foreign currency allocation and ethanol shortage.Khaya Moyo told journalists in Bulaway...
GOVERNMENT'S recent decision to award soldiers and police a hefty "special allowance" a few weeks before Zimbabwe holds a crucial general elections on July 30 shows that President Emmerson Mnangagwa's...
The continued wrangling at Harare City Council over the appointment of a town clerk has left service delivery at the mercy of politics, a development that the local authority should not allow to persi...
THE recent media reports that the parallel market rates ranges between 60% and 65% for mobile money platforms like EcoCash and 75% for bank transfers on the parallel market as forex has become increas...
THE uncertainty around regional budget airline Fastjet's future partly due to unremitted cash from its Zimbabwean operations has added credence to the view that Harare's currency problems "are k...
Starafrica has registered a steep rise in revenue despite experiencing significant balance sheet stress in the year to March 31 018. In a note to shareholders accompanying the financial results which ...
Shares in African budget airline Fastjet collapsed on Wednesday after warning it could go bust unless it obtains new funding.The airline, set up by easyJet founder Sir Stelios Haji-Ioannou, flies in s...
HARARE mayor Bernard Manyenyeni yesterday said foreign currency shortages had hampered the local authority's plans to buy additional refuse collection trucks.Manyenyeni told NewsDay that they had so f...