Tuesday, July 17, 2018
Clive Mphambela One hundred days of what? That has been the major question under discussion this week. Memes and jokes are currently flying around of these key days. But perhaps we need to be fair and really do an overview of what has transpired since President Emmerson Mnangagwa’s inauguration. In my...
Africa Moyo Government will not cancel Aliko Dangote’s investment licence but will wait to hear from the firm, which reportedly remains keen to investing in Zimbabwe. This comes as the prescribed two years — which investors can hold on to an investment licence before implementing their projects — have since elapsed. Africa’s...
Business Writer Government has been warned against the continued issuance of Treasury Bills and the further widening of its overdraft with the Reserve Bank of Zimbabwe as this is putting deepening strains on the economy. This comes as Zimbabwe’s domestic claims rose 43 percent in 12 months to December 2017,...
Panashe Sachikonye The riddled economy of Venezuela, crushed after years of mismanagement and a Bolivar worth less than the paper it is printed on is an example of why cryptocurrency (cyrpto) is here to stay long term. In a country like Venezuela, Bitcoin is a lifeline to buy everyday needs like...
Bulawayo Bureau Government should fast track the introduction of a convertible currency to enhance trade competitiveness and promote the ease of doing business for import-based industries, economist, Dr Nqobizitha Dube, has said. His sentiments come on the back of the liquidity crunch in the economy that continues to impact negatively on...
Albert Norumedzo The Zimbabwean economic space has witnessed a wide spectrum of extremes when it comes to economic fortunes. For a good part of its history the country was the bread basket of Africa, as the agriculture sector thrived on commercial farming activities that painted the country green. Believe...
Africa Moyo The lifting of a four-year ban on the importation of ivory into the United States of America is expected to spur trophy hunting in the country, players in the safari sector have said. The US Fish and Wildlife Services recently announced the lifting of the ban, “on a case-by-case...
Herbert Zharare Fertiliser supply remains constrained with the sector struggling to satisfy state-sponsored programmes for 2017/18 farming season. Most fertiliser companies were contracted to supply the commodity for the state sponsored programmes — Command Agriculture and Presidential Inputs Support Schemes - but indications are that supplies remain subdued. Last season the sector...
BH24 Reporter HARARE - The Insurance and Pension Commission (IPEC) has approved the liquidation Quetech Pension Fund effective September 30, 2017. This is in terms of Section 10 of   Pension and Provident Fund Act and rules of the Quetech Pension Fund. Consulting actuary David Mureriwa has been appointed the liquidator of the...
Hebert Zharare The Zimbabwe International Trade Fair (ZITF) Company plans to construct a five-star hotel and a giant 800-seater convention centre in Bulawayo at a cost of $50 million after realising an untapped accommodation market in the city. The city has only two conversional hotels under Rainbow and Africasun and during...