Zanu-PF pushes for accelerated de-dolarisation

The ruling Zanu-PF party has resolved to accelerate Zimbabwe's de-dollarisation process and strengthen the Zimbabwe Gold Currency (ZiG) as the country's sole legal tender. This decision was among key ...

Mnangagwa bishop dodges US$800,000 payments

Zion Christian Church (ZCC) bishop Nehemiah Mutendi is dithering in paying a company that designed his massive multi-purpose Mbungo church building in Bikita, which can accommodate up to 40 000 people...

Guvamatanga challenges claim Biti paid civil servants US$540 during GNU

FINANCE Ministry's permanent secretary, George Guvamatanga on Monday said current salaries being earned by the country's civil servants are much higher than the US$540 awarded at the peak of the dolla...

'Dollarisation was our biggest mistake,' says Mthuli Mcube

Dollarisation was a big mistake as it took away the country's monetary autonomy and made industry uncompetitive, Finance and Economic Development Minister Mthuli Ncube said yesterday. Besides,...

Zimdollar return imminent?

If visibility and predictability are two foundations upon which stable financial markets are built, comments from the Reserve Bank of Zimbabwe (RBZ) last week on the adoption of bond notes as ...

TelOne drags defaulting clients to court

THE country's landline provider, Tel One has cracked the whip on defaulting clients, with 35 subscribers being dragged to court for non-payment of telephone bills.The 35 include individuals, ...

Hwange Colliery takes workers to court over 'unpaid salaries'

HWANGE Colliery Company Limited (HCCL) has taken to the Labour Court hundreds of its workers for allegedly going on strike over unpaid salaries.The case was heard by Bulawayo Labour Court pr...

ZSE shares sink in post election market bloodbath

ZSE's Industrials plunged 11.09% on Monday as panicked investors flee the bourse in post election market bloodbath that saw the heaviest sell-off since dolarisation.The Industrials Index dropp...