John Mushayavanhu, the new RBZ Governor has an asterisk to his FBC successes
Do you remember how excited we were when we heard that Mthuli Ncube was going to be Minister of Finance? I mean, how could we not, here was a non-politician…
Zimbabwe unemployment rate at 19.7% but only 19.9% of rural women employed
For as long as I can remember, Zimbabwe has always had a high unemployment rate. Just how high that rate is has always been a point of debate. On one…
Zim has dollarised and cash is king in USD world, EcoCash sees it too
When you walk down the streets it appears as if Zimbabwe has dollarised. Join a supermarket queue and you find that many, if not most, have their USD cash in…
Zimbabwe Stock Exchange (ZSE) grew by 79%, global equities lost a fifth of their value in 2022
The Zimbabwe Stock Exchange (ZSE) has had its ups and downs and 2022 was a toughie. Zimbabwe continues to be a challenging environment to operate in for the companies listed…
While Zimbabwe dilly-dallies, the clock is ticking on vast Lithium deposits
For such a poor country, Zimbabwe has an embarrassment of natural resources. We have almost every precious mineral you can think of in large quantities. Even in the fictional world…
Discounts for USD: a game of haves vs have nots
Discounts for USD purchases is a “hidden” business practice in Zimbabwe. Late last year we reported on TM Pick n Pay’s 50% discount for groceries bought with US$ and it…
ZESA tariffs to go up by about 25%
Whoever said the only two things assured in life were death and taxes clearly wasn’t factoring in Zimbabweans. To that old saying, I think we can add ZESA Tariffs because…
Govt to create conducive ICT development environment
Government is seized with creating a conducive environment for robust information and communication technology (ICT) development and innovation as efforts to enhance local solutions while cutting on imports. ICT, POSTAL…
Auction system here to stay: RBZ
The auction system is not going anywhere, Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya has said, adding the platform will be sustained as the preferred mechanism of formally…
Tax break for solar investors
INVESTORS who will participate in the generation of solar power in the country are set to enjoy a five-year tax holiday with those importing gadgets used for generating solar exempted…