Beaven Dhiwayo

There is no going back to dollarisation, says Zimbabwe President Mnangagwa

HARARE (Reuters) – Zimbabwe’s President Emmerson Mnangagwa vowed on Friday not to revert to using the U.S. dollar after a new local currency plunged against the greenback since its introduction this year, fuelling inflation and economic hardship. The government ended a decade

December 14, 2019

Breaking News·Zimbabwe

Econet now the most valued public company in Zimbabwe

HARARE- Econet Wireless is now the most valued counter on the ZSE after class A shares held by the majority shareholder EWG were integrated to the free-float ordinary shares previously recognized as the entire ordinary share capital on the ZSE. Before the

August 8, 2018

Business·Zimbabwe

Zimbabwe edges back onto tourist map

Harare – Zimbabwe’s tourism sector is enjoying a rebound with visitors returning in hordes to see the majestic Victoria Falls following two decades of stagnation. Back in the 1990s nearly 200 000 people were checking in at ticket office to see the

July 25, 2018

Business·Zimbabwe

Africa-India trade records 10-fold growth, report shows

Trade between Africa and India rose more than 10-fold between 2001 and 2014, making India Africa’s fourth-largest national trading partner, according to a new report jointly produced by the African Export-Import Bank (Afreximbank) and Exim Bank of India (Exim India). The report,

July 24, 2018

Business·Zimbabwe

Tobacco sales this season could easy cash crisis in Zimbabwe

By Beaven Dhliwayo HARARE – Latest data from the Tobacco Industry and Marketing Board on Friday show that the golden leaf has reached a record high of 237.1 million kilograms with four days left before the end of the selling season raising

July 23, 2018

Business·Zimbabwe

Seed Co Limited proposes 71 percent partial unbundling of Seed Co International

Harare – Seed Co Limited in a circular to shareholders on Tuesday said in order to unlock shareholder value and position the continental operations for growth, the Board is proposing to partially-unbundle 71 percent of Seed Co International. The Group has over

July 17, 2018

Zimbabwe

Zanu PF text saga continues

Masvingo lawyer, Owen Mafa of Mutendi, Mudisi and Shumba Legal Practitioners approached the High Court suing Econet, Zimbabwe Electoral Commission (ZEC) and Zanu Pf party after he also got a personalized message from the ruling party. The message Mafa received solicited his

July 14, 2018

Africa·Zimbabwe

Zimbabwe to host Africa Youth in Tourism Conference

Harare – Of late the tourism sector has become one of the strongest drivers of world trade, economic growth and poverty alleviation. Despite turbulent times for the world economies, these basic facts are unlikely to change going forward. The world over focusing

July 12, 2018

Zimbabwe

Mandiwanzira warns against publishing unprotected voters roll

Harare – The Minister of ICT and Cyber Security Supa Mandiwanzira on Wednesday issued a statement warning against the publication on the Internet of the voters roll which includes addresses and phone numbers of the voters. Mandiwanzira said publishing unprotected voters roll

July 12, 2018

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