Clik here to view.
Zim elections set for July 30
MDC -T President Nelson Chamisa and President Emmerson Mnangagwa ZIMBABWE will hold its much anticipated general elections on July 30, 2018, government announced yesterday. In a proclamation made...
View ArticleClik here to view.
High govt wage bill to choke economy
Finance Minister, Patrick Chinamasa ZIMBABWE’S faltering economy could suffer serious fresh shocks, with civil service salaries threatening to hit a staggering 120 percent of national budget and thus...
View ArticleClik here to view.
Parliament wants Intratrek’s Gwanda solar project contract cancelled
Businessman, Wicknell Chivayo A parliamentary committee has recommended that the $202 million Gwanda Solar Project tender, which was awarded to controversial firm Intratrek Zimbabwe in 2015, be...
View ArticleClik here to view.
World Bank bearish on Zimbabwe’s growth
The World Bank headquarters. THE World Bank sees Zimbabwe’s growth rate easing to 2,7 percent this year, compared to the 3,4 percent estimated last year. The forecast is higher compared to the 1,8...
View ArticleClik here to view.
Foreign direct investment drops 22 percent
Finance Minister Patrick Chinamasa and the Reserve Bank of Zimbabwe governor, John Mangudya ZIMBABWE’S foreign direct investment (FDI) inflows retreated 48,6 percent from $372 million in 2016 to $289...
View ArticleClik here to view.
State takes $500m fresh debt
President Emmerson Mnangagwa GOVERNEMNT has officially added about $500 million to its colossal debt profile after President Emmerson Mnangagwa last week signed a law granting his administration...
View ArticleClik here to view.
OK Zimbabwe crowned top company
OK Zimbabwe operates 62 outlets in the country. RETAIL chain OK Zimbabwe was crowned this year’s best performing company on the Zimbabwe Stock Exchange (ZSE) at The Financial Gazette’s Top Companies...
View ArticleClik here to view.
‘Brace for more price increases’
According to RBZ governor John Mangudya, the country spends 40 percent of its foreign currency earnings on fuel imports, with diesel taking a lion’s share of $851,7 million, while $384 million is spent...
View ArticleClik here to view.
Mnangagwa ‘trips’ self on FDI
President Emmerson Mnangagwa PRESIDENT Emmerson Mnangagwa and the ruling Zanu-PF have contradicted each other on the country’s investment figures, with the former saying Zimbabwe has attracted a hefty...
View ArticleWe are fighting obesity, says Coca-Cola
We are fighting obesity, says Coca-Cola [caption id="attachment_165932" align="alignnone" width="300"] We are fighting obesity, says Coca-Cola after social media backlash over new Mazoe taste[/caption]...
View ArticleYes, 72 percent of Zimbabweans are living in poverty
Yes, 72 percent of Zimbabweans are living in poverty [caption id="attachment_151377" align="alignnone" width="300"] President Emmerson Mnangagwa[/caption] ZIMBABWE has been in economic decline since...
View ArticleZimbabwe warned on civil service pay
Zimbabwe warned on civil service pay [caption id="attachment_162847" align="alignnone" width="300"] Zimbabwe has over the years continued to overspend, with last year’s deficit outturn standing at $1,7...
View ArticleZSE adds another billion
ZSE adds another billion [caption id="attachment_75764" align="alignnone" width="300"] Since the resumption of the market’s bullrun mid-March, the benchmark All Share index has gained 37,76 percent to...
View ArticleGumbo in fresh controversy
Gumbo in fresh controversy [caption id="attachment_81915" align="alignnone" width="300"] Transport Minister, Joram Gumbo.[/caption] TRANSPORT minister Joram Gumbo might have “violated procedure” by...
View ArticleDeported British investor speaks out
Deported British investor speaks out [caption id="attachment_49223" align="alignnone" width="300"] Home Affairs Minister, Obert Mpofu[/caption] A BRITISH citizen Kenneth Vincent Grant-Coker, who was...
View ArticleNew board to chew more tax
New board to chew more tax [caption id="attachment_162307" align="alignnone" width="300"] Finance Minister, Patrick Chinamasa[/caption] ZIMBABWE is to establish a new board to facilitate economic...
View ArticleFalling SA rand hammers ailing Zimbabwe
Falling SA rand hammers ailing Zimbabwe [caption id="attachment_166643" align="alignnone" width="300"] A weakening rand affect the competitiveness of local products in SA, as Zimbabwean exports would...
View ArticleGovt promises to stop land evictions
Govt promises to stop land evictions [caption id="attachment_155428" align="alignnone" width="300"] Lands, Agriculture and Rural Resettlement Minister Perrance Shiri[/caption] GOVERNMENT will be...
View ArticleZimbabwe’s May inflation flat at 2,71 percent
Zimbabwe’s May inflation flat at 2,71 percent ZIMBABWE’S consumer price inflation remained flat at 2,71 percent on an annualised basis in May according to the national statistics agency. The...
View ArticleCoca-Cola, Schweppes bring back original Mazoe flavours
Coca-Cola, Schweppes bring back original Mazoe flavours [caption id="attachment_165932" align="alignnone" width="300"] Last week Coca-Cola said "We are fighting obesity, after social media backlash...
View Article