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Mugabe caves in on public service job cuts plan

Dec 07 2016 09:48

Zimbabwean President Robert Mugabe has finally given in on a job cuts proposal which aimed to reduce the 96.8% of revenue spent on civil servants' salaries


Zimplats gets its dues from Zim govt

Dec 01 2016 16:53

The Zimbabwean government has paid off its protracted debt to Zimplats through the issuance of treasury bills with a total nominal value of $34m.


Fear of new bond notes drives rush to equities in Zim

Nov 30 2016 16:01

Fear of recently-introduced bond notes and tight liquidity conditions have seen most Zimbabwean institutions and individuals pile their money into the equities market.


Zim introduces bond notes at last

Nov 28 2016 09:37

The Reserve Bank of Zimbabwe is set to introduce much-awaited bond notes into the market, through normal banking channels in small denominations of $2 and $5.


Zero greenfield investments for Zim's mining sector

Nov 23 2016 18:25

Investors are increasingly taking a backseat on Zimbabwe's mining sector, with the industry seeing no greenfield investments this year, says the chamber of mines.


Import ban brings cheer to Zim manufacturers - survey

Nov 23 2016 14:38

Capacity utilisation for Zimbabwean manufacturers has lifted, driven mainly by a production surge in firms whose products were banned from being imported, a survey shows.


'Opec to agree details of oil-supply cuts'

Nov 22 2016 18:45

The Opec is on course to finalise the details of the Algiers accord to cut oil production, says a delegate from Nigeria.


Eskom could cut electricity to Zim over cash crunch - CEO

Nov 21 2016 19:38

The CEO of Zimbabwe's power utility Zesa says cash shortages could plunge Zimbabwe into darkness as Harare battles a cash crunch.


Asean nations look to Africa as ‘final frontier’

Nov 20 2016 06:01

Asia’s fastest-growing economic bloc sees trade with Africa growing more than five-fold by 2019, propelled by growing trade ties in housing, healthcare, telecommunications and infrastructure.


Zim's October inflation creeps up

Nov 16 2016 10:43

Zimbabwe’s annual inflation for October gained 0.37 percentage points to close the month at -0.95%, as prices rose on the back of shortages for some basic products.



Road transport treaty can save Africa billions

Nov 15 2016 17:50

Some of the world’s highest trade costs can be found in Africa and it is estimated that about 40% of the cost of goods are attributable to transport cost.


African development more than real estate, infrastructure

Nov 11 2016 13:42

The African context demands that development is more than real estate and infrastructure, says an expert at the African Real Estate & Infratructure Summit.

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