BUSINESS NEWS

Job losses spike as economy deteriorates

POOR government policies have led to the escalation of the country's economic crisis with an estimated 13 000 people in the western region losing their jobs in the past 12 months, a labour official ha...

By Staff reporter | Published: 06 January 2019

OPINION

Re-dollarisation of economy: Wrong turn for Zimbabwe

There is an effervescence in the economy - an imperceptible but definite shift towards re- dollarisation of the economy.Initially a trickle, this will soon turn into a mighty tide in one direction –...

By Joseph Mverecha | Published: 30 December 2018

POLITICS

Mnangagwa feels heat over economy

With Zimbabwe's economy continuing to tank - and long-suffering citizens now desperate for some respite - President Emmerson Mnangagwa yesterday told thousands of Zanu-PF delegates gathered in Esigodi...

By Staff reporter | Published: 16 December 2018

BUSINESS NEWS

'SMEs key in uplifting Zimbabwe economy'

The impact of small to medium enterprises (SMEs) on the country's economy cannot be ignored. They contribute largely, not just to the fiscus, but continue to fill the gap in providing services and pro...

By Staff reporter | Published: 16 December 2018

OPINION

Is Zimbabwe ebuilding or establishing a new economy?

THE struggle to figure a way forward continues. The fire-fighting approach is the order of the day. Despite the various economic policy directions by the government, there is lack of clarity on where ...

By Tapiwa Gomo | Published: 10 December 2018

BUSINESS NEWS

Economy rebasing to grow Zimbabwe revenue

The rebasing of the Zimbabwean economy has highlighted additional opportunities to grow revenue and also pointed to high levels of tax evasion, Finance and Economic Development Minister Mthuli Ncube h...

By Staff reporter | Published: 10 December 2018

OPINION

MDC - Zanu-PF talks would cost Mnangagwa the economy

The unwelcome subject of another unity government keeps being foisted on Zimbabweans by the distractive opposition MDC-Alliance of Nelson Chamisa.  It makes no difference that they want to disgui...

By Staff reporter | Published: 10 December 2018

BUSINESS NEWS

URL listing to depend on economy outlook, says Moyo

A PLANNED initial public offering of United Refineries Ltd (URL) will depend on the economic climate, CE Busisa Moyo says.URL this year moved to strengthen its balance sheet by inviting pension funds ...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

'Zimbabwe economy unofficially dollarises'

Zimbabwe is undergoing bond notes substitution and progressive unofficial dollarisation, economists have said.This comes as more citizens are shunning the national currency in favour of the historical...

By Staff reporter | Published: 02 December 2018

POLITICS

Protest over economy frivolous, claims Zanu-PF youths

THE Zanu-PF youth league yesterday described the protest against the worsening economic situation in the country by the opposition as "frivolous" and accused the MDC of being responsible for the deter...

By Staff reporter | Published: 28 November 2018

OPINION

Patriotism can save Zimbabwe economy

IN the last few weeks, particularly after elections, Zimbabwe's economy has undergone a material and rapid negative transformation, leaving business, government and labour in a crisis. The biggest dip...

By Daniel Ngwira | Published: 23 November 2018

BUSINESS NEWS

Zimbabwe economy set to grow by 3,1%

Zimbabwe's economy is projected to grow by 3,1 percent in 2019, which is lower than the 2018 anticipated growth of 4 percent, on subdued agriculture performance due to unfavourable weather conditions....

By Staff reporter | Published: 23 November 2018

BUSINESS NEWS

Surging inflation ravages economy

Zimbabwean business are reeling from a worsening double whammy of runaway inflation and rising input costs, which are threatening to snuff out the country's economic recovery prospects. The recent ala...

By Staff reporter | Published: 22 November 2018

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

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

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

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

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

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

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

OPINION

Infrastructure financing key for Zim's economy

Infrastructure is the backbone of economies throughout the universe. An efficient and well-maintained infrastructure is critical in sustaining an economy.Infrastructure is considered a key component o...

By Dephine Mazambani | Published: 19 July 2018

POLITICS

Chamisa promises $46bn economy

MDC-Alliance presidential candidate Mr Nelson Chamisa yesterday promised to make Zimbabwe a $46 billion economy over the next five years if he wins the July 30 harmonised elections. Addressing a campa...

By Staff reporter | Published: 16 July 2018

BUSINESS NEWS

Economy glitters as gold rakes in $715m

Zimbabwe'S economy has continued on a solid upward trajectory since the beginning of the year, with exports rising 23 percent in the January to June period led by gold shipments, which earned more tha...

By Staff reporter | Published: 15 July 2018

BUSINESS NEWS

Mnangagwa prioritises Beitbridge economy

Vice President Constantino Chiwenga has said the heavy presence of the country's top leadership in Matabeleland South province yesterday, for two important complementary activities, is a realisation t...

By Staff reporter | Published: 12 July 2018
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