OPINION

Zimbabwe could be China's economic gateway to Sub-Saharan Africa

Anti-Chinese rhetoric in Africa can only be mitigated by the pursuit of stronger economic ties between the Asian giant and countries on the continent, including Zimbabwe. The Southern African country ...

By Carter Chapwanya | Published: 12 hours ago

BUSINESS NEWS

Eddie Cross gives economy thumbs up, scoffs at doomsayers

The country's economy is on a sound footing due to Government policy initiatives that have seen growth in the GDP and exports among other indicators, former MDC-T policy advisor Mr Eddie Cross has sai...

By Staff reporter | Published: 19 November 2018

ECONOMC INDICATORS

Zimbabwe inflation rate is currently 69,9%, says US economist

RENOWNED United States economist Steve Hanke says Zimbabwe's annual inflation rate is 69,9%, much higher than the official figure of 4,83%."At present, Zimbabwe's annual inflation rate, by my measure,...

By staff reporter | Published: 30 September 2018

BUSINESS NEWS

Mnangagwa's economic boom claims queried

Economists and opposition figures have cast doubt on government claims that Zimbabwe's per capita income has risen by 60% to $1 500 over the last eight months at a time the economic outlook continues ...

By Staff reporter | Published: 30 September 2018

OPINION

Time to give technocratic management of economy a chance

THE experiences of the hyperinflation still linger in the minds of many citizens. Since the end of the GNU tenure, the management of the economy of the country has been struggling to regain full confi...

By Dr Bongani Ngwenya | Published: 30 September 2018

OPINION

Currency reform answer to economic woes

THE success of the new Government's effort to transform the country's economy, both in the immediate and future term hinges on addressing the currency reform problem. The vision of the Government is t...

By Bongani Ngwenya | Published: 21 September 2018

BUSINESS NEWS

Business, labour meet to tackle economic crunch

BUSINESS and labour met in Masvingo last week to find ways to improve productivity and competitiveness.This comes at a time the country's economic crisis is deepening, with prices of basic goods skyro...

By Staff reporter | Published: 14 September 2018

CONSTRUCTION & PROPERTY

Rising cement demand positive for Zimbabwe's economy, says Lafarge

LAFARGE Cement Zimbabwe says the recent spike in demand for cement, which resulted in a supply backlog on the market, is a positive signal of economic growth. In a statement, the firm allayed public f...

By Staff reporter | Published: 12 September 2018

OPINION

Cabinet was tight balance between economy, politics

I WATCHED the Cabinet announcement with a colleague from East Africa, who opined that Zimbabweans are too easy to please and that they move on faster than expected.From the dusty campaign trail, the d...

By Tapiwa Gomo | Published: 10 September 2018

BUSINESS NEWS

Zesa under fire over EcoCash purchases

THE Zimbabwe Electricity Supply Authority (Zesa) has increased its minimum EcoCash prepaid electricity token to $10 from $2, much to the chagrin of customers who say the hike caught them by surprise. ...

By Staff reporter | Published: 10 September 2018

OPINION

Suggestions to Prof Mthuli Ncube from a keen fellow Economist

I am grateful that the key Ministry of Finance has been judiciously assigned to Prof Mthuli Ncube at a time such as this. I believe the Minister is well on course to transform the country's economic f...

By Prosper Munyedza | Published: 10 September 2018

OPINION

Causes of liquidity crisis and its impact on economy

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 ...

By Dr Bongani Ngwenya | Published: 09 September 2018

OPINION

Mnangagwa must appoint competent team to steer economic recovery

THE enormity of the task of steering the country's economic revival requires that President Emmerson Mnangagwa appoints the best team at his disposal into Cabinet. The pool of possible Ministers avail...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Zimbabwe industry frets over economic indicators

BUSINESS has raised the red flag over the country's ever-deteriorating economic indicators - including rising inflation, soaring prices, worsening foreign currency shortages and continuing retrenchmen...

By Staff reporter | Published: 06 September 2018

TRANSPORT & TOURISM

Tourism recovery drives Dawn revenue

DAWN Properties Limited (Dawn) revenue from hotel property leases went up 30,6 percent to $1,52 million during the six months ended June 30, 2018 on the back of increased occupancy at the hotels as de...

By Staff reporter | Published: 06 September 2018

BUSINESS NEWS

Zimbabwe sets 13 Special Economic Zones

ZIMBABWE has set up 13 Special Economic Zones (SEZs) across the country in a move aimed at stimulating production and create jobs.SEZs are areas in which business and trade laws are different from the...

By Staff reporter | Published: 06 September 2018

BUSINESS NEWS

Zimbabwe industry frets over economic indicators

Business has raised the red flag over the country's deteriorating economic indicators- including rising inflation, soaring prices, worsening foreign currency shortages and continuing retrenchments whi...

By Staff reporter | Published: 06 September 2018

POLITICS

Chamisa holds keys to economy, says Biti

FORMER Finance minister and opposition MDC Alliance co-principal, Tendai Biti yesterday called on President Emmerson Mnangagwa to swallow his pride and engage his rival Nelson Chamisa for dialogue to ...

By staff reporter | Published: 06 September 2018

TELECOMS & TECHNOLOGY

Telecoms firms merger project talks underway

Talks to merge three telecommunications companies, Zarnet, Powertel and Africom, are underway and will be finalised by the end of the year, businessdigest has learnt.Powertel and Zarnet are both State...

By Staff reporter | Published: 27 July 2018

TELECOMS & TECHNOLOGY

EcoCash charges further slashed

LEADING mobile telecommunications company Econet Wireless Zimbabwe has further lowered its EcoCash transaction tariffs with effect from August 1, 2018.In a notice issued yesterday, Econet said sending...

By Staff reporter | Published: 26 July 2018

BUSINESS NEWS

Zim economy desperate for election turn-around

Zimbabwean factory manager Sifelani Jabangwe is a survivor of the Mugabe years, overseeing a company that stayed in business through hyperinflation, the national currency being abandoned and an exodus...

By TimesLive | Published: 25 July 2018

OPINION

Mnangagwa performance: Is it worthy second chance?

ZIMBABWEANS will on Monday hold crucial elections, where they will be choosing the country's next President and Members of Parliament to guide the nation in the next five years.NewsDay will, in this a...

By Mthandazo Nyoni | Published: 25 July 2018

LANDS & AGRICULTURE

Tobacco output reaches record high

ZIMBABWE's tobacco output has reached a record high of 237.1 million kg just before the end of the 2018 selling season, statistics from the Tobacco Industry and Marketing Board (TIMB) show.This year's...

By Staff reporter | Published: 24 July 2018

BUSINESS NEWS

Economy growing faster than expected

Zimbabwe's economy is growing at a faster rate than expected, with growth for this year likely to beat initial forecasts, senior Government officials and economic analysts have said. Most companies re...

By Staff reporter | Published: 23 July 2018

TELECOMS & TECHNOLOGY

Econet declares $20 million dividend

TELECOMMUNICATIONS provider Econet Wireless Zimbabwe has declared a dividend of 0.772c per share amounting to $20 million for the quarter ended May 31, 2018.The shares will trade cum-dividend till Jul...

By Staff reporter | Published: 20 July 2018
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