Search / Prices
Who is causing parallel market rates to spike?
For the past 18 months, the country's economy has been on a rebound, assisted by the stronger performance in the agricultural and mining sectors, an improved balance of payments and external sector po...Published: 3 hrs ago | 391 | by Dr Tim Rainhard
Don't criticise my budget surplus, says Mthuli Ncube
FINANCE minister Mthuli Ncube yesterday said Zimbabweans should not criticise his budget surplus, and claimed that his austerity measures had saved the economy from an economic collapse induced by the...Published: 16 hrs ago | 865 | by Staff reporter
Consumer watchdog slams business
THE Consumer Council of Zimbabwe (CCZ) says businesses have effected "unjustified" price hikes in the past few months despite accessing foreign currency on the Reserve Bank of Zimbabwe (RBZ)'s foreign...Published: 16 hrs ago | 182 | by Staff reporter
Mnangagwa; Citizens are converging for change
DEAR President Emmerson Mnangagwa,Your Excellency, at the start of this year, the people's president, Nelson Chamisa presented our Zimbabwe Agenda 2021 address in which he announced our big id...Published: 21 Sep 2021 at 21:35hrs | 2401 | by Fadzayi Mahere
'Zimbabweans, military talks will end disputed elections, looting'
A REPORT, recently released by the Democracy in Africa, has called for urgent civilian and military negotiations in Zimbabwe to avoid future disputed elections and the ongoing unrestrained plunder of ...Published: 20 Sep 2021 at 19:23hrs | 2548 | by Staff reporter
Zera probe unearths fuel scam
AN investigation by the Zimbabwe Energy Regulatory Authority (ZERA) has unearthed "massive abuse" of the Zimbabwean dollar fuel facility by oil marketers that insist on US dollar payments despite acce...Published: 19 Sep 2021 at 08:12hrs | 173 | by Staff reporter
'Zimbabwean families struggling to buy food'
LEADING consumer bodies have confirmed that residents are experiencing decreased food levels in households on the back of the rising cost of living.This comes following a recent damning report...Published: 17 Sep 2021 at 06:19hrs | 286 | by Staff reporter
Power outages new blow to recovery
LOCAL businesses, still reeling from the devastating effects of Covid-19 lockdowns, have suffered yet another blow following a load shedding schedule by the Zimbabwe Electricity Transmission and Distr...Published: 17 Sep 2021 at 06:17hrs | 136 | by Staff reporter
'Zimbabwe food security remains low,' says USAid
THE United States Agency for International Development (USAid) food security arm, Famine Early Warning Systems Network (Fewsnet) says household food stocks are beginning to run low as the surging cost...Published: 14 Sep 2021 at 06:13hrs | 355 | by Staff reporter
Zimbabwe prices near regional parity
PRICES of basic commodities in Zimbabwe are approaching parity with those in neighbouring South Africa and other parts of the region, with some goods actually now priced lower on the domestic market, ...Published: 14 Sep 2021 at 06:00hrs | 293 | by Staff reporter
Are electric cars more expensive to insure?
The simple answer to this question is "yes". An electric car, when compared side by side to its gasoline powered equivalent, will cost more to insure. There are numerous reasons for this. Some make se...Published: 13 Sep 2021 at 14:34hrs | 459 | by Staff Writer
Viral message on Zimbabwe civil servants trips to SA is fake
PUBLIC Service minister Paul Mavima yesterday admitted that civil servants could not afford locally made products and recommended that government sponsors them to buy cheaper goods in neighbouring Sou...Published: 13 Sep 2021 at 06:15hrs | 1968 | by Staff reporter
Rising cement prices choke construction sector
Zimbabwe's construction sector is on a massive rebound, boosted by public spending on infrastructure and private development, but recent rising cement prices is becoming a major threat to the industry...Published: 13 Sep 2021 at 05:51hrs | 433 | by Staff reporter
Bloodbath in banking sector
ZIMBABWE'S banks, under siege from prolonged market turbulences and the Covid-19 scourge, fired almost 300 workers during the seven months to July, continuing a carnage sparked by the worldwide migrat...Published: 12 Sep 2021 at 08:55hrs | 791 | by Staff reporter
Mnangagwa's govt warned over continued fuel hikes
AN economist Prosper Chitambara has warned the government against continued fuel price increases highlighting that such acts are a thorn in the flesh of current efforts to stabilise the economy....Published: 11 Sep 2021 at 12:54hrs | 1673 | by Staff reporter
Govt snubs cheaper donor-funded jabs
IN an eyebrow-raising development, the Zimbabwean government, battling the Covid-19 pandemic, has been purchasing expensive Chinese vaccines while overlooking doses supplied at cheaper prices under th...Published: 10 Sep 2021 at 07:32hrs | 913 | by Staff reporter
GMB deliveries surpass targets
THE Government said the 2021 traditional grains production has improved remarkably and some crops exceeded the highest ever tonnage since independence.Addressing journalists during a Post Cabi...Published: 10 Sep 2021 at 07:21hrs | 378 | by Staff reporter
Inside the cotton value chain
Cotton has been grown in Zimbabwe from as far back as 1940, even though production was enhanced after the establishment of the Cotton Marketing Board (CMB) in 1969. The white Gold is the second most i...Published: 09 Sep 2021 at 19:33hrs | 345 | by Victor Bhoroma
Are electric cars more expensive to insure?
The simple answer to this question is "yes". An electric car, when compared side by side to its gasoline powered equivalent, will cost more to insure. There are numerous reasons for this. Some make se...Published: 09 Sep 2021 at 16:51hrs | 433 | by Staff reporter
BAT records 27% jump in sales volumes
BRITISH American Tobacco (BAT) says increased investment-related strategies led to a 27% rise in sales volumes compared to the same period last year despite the challenging operating environment exace...Published: 08 Sep 2021 at 06:10hrs | 53 | by Staff reporter
Zimbabwe being run by clueless ZANU PF clowns
The Emmerson Mnangagwa led ZANU PF government has once again proven beyond no doubt that they are clueless and a bunch of mediocre buffoons. They impose policies which are half baked and result in the...Published: 07 Sep 2021 at 07:41hrs | 1374 | by Prince Njagu
Zera defers announcement of new fuel prices to later date
THE Zimbabwe Energy Regulatory Authority (ZERA) has deferred to a later date the announcement of new fuel prices.The parastatal is expected to announce new fuel prices by the fifth of every mo...Published: 06 Sep 2021 at 19:22hrs | 386 | by Staff reporter
Economists cautious as inflation falls
ECONOMISTS have given mixed views about Zimbabwe's decelerating annual inflation with some saying the rate could spike once spending increases.However, others told NewsDay Business yesterday t...Published: 06 Sep 2021 at 05:30hrs | 864 | by Staff reporter
Sick bays set up at boarding schools
Schools today reopen for non-examination classes for the long second and final term of 75 teaching days for these classes, without exeat weekends, and with temporary holding and sick bays set up at mo...Published: 06 Sep 2021 at 05:16hrs | 137 | by Staff reporter
Govt blunder leaves commuters stranded
GOVERNMENT was yesterday forced to concede failure and apologise after thousands of commuters were left stranded in Harare on Friday due to transport challenges following a government decision to grou...Published: 05 Sep 2021 at 07:09hrs | 1001 | by Staff reporter
IMF SDR release puts Biti in his place
IN April 2021, the International Monetary Fund's Catastrophe Containment and Relief Trust (CCRT) granted debt relief to the 28 poorest and most vulnerable countries hit by catastrophic natural disaste...Published: 05 Sep 2021 at 06:53hrs | 1093 | by Nobleman Runyanga
Zimbabwe blue chips shine in Africa
AT least five of Zimbabwe's biggest stock exchange-listed firms have made it to the list of Africa's best performing companies, defying storms stemming out of a two year old economic crisis, which was...Published: 03 Sep 2021 at 06:56hrs | 731 | by Staff reporter
2021 Mid Term Monetary & Budget analysis
The latest mid-term budget and monetary policy statements were presented in a low key mode with emphasis on avoiding policy shocks that can rock the economy. The Zimbabwean government revised upwards ...Published: 01 Sep 2021 at 15:30hrs | 485 | by Victor Bhoroma
Import Substitution: A case for soya beans
For the past 10 years, Zimbabwe has produced an average of 56 000 metric tonnes (mt) of soya beans per year against national demand of 240 000 mt for food, animal feed and industrial consumption. In t...Published: 01 Sep 2021 at 15:26hrs | 400 | by Victor Bhoroma
Prices continue to skyrocket beyond reach of citizens ...as basic commodities now beyond reach of many
MDC Alliance MDC Alliance Youth Assembly National Spokesperson Stephen Sarkozy Chuma has said the basic commodities like bread, meat, sugar and cook...Published: 31 Aug 2021 at 07:46hrs | 2430 | by Stephen Jakes
Zimbabwe annual inflation further declines
As expected and predicted, annual inflation fell significantly to 50,24 percent this month from 56,37 percent last month while month-on-month inflation was 4,18 percent, a rise from the 2,56 percent s...Published: 30 Aug 2021 at 05:49hrs | 301 | by Staff reporter
All set for schools reopening
Parents of pupils in the three examination classes that start today were doing last-minute shopping yesterday, boarding schools had their buses ready at pick-up points in time yesterday morning while ...Published: 30 Aug 2021 at 05:47hrs | 181 | by Staff reporter
Zimbabwe's IMF funds targeted for industry
A portion of the US$961 million received from the International Monetary Fund (IMF) in the form of Special Drawing Rights (SDRs) could be used to extend concessionary loans to industry.The IMF...Published: 29 Aug 2021 at 07:10hrs | 153 | by Staff reporter
IMF funds to power Zimbabwe's economic agenda
The US$961 million boost received from the International Monetary Fund (IMF) last week will give impetus to the country's economic programmes guided by the five-year National Development Strategy 1 (N...Published: 29 Aug 2021 at 07:07hrs | 113 | by Staff reporter
20 richest investors on the Zimbabwe Stock Exchange
Investors on the Zimbabwe Stock Exchange have amassed staggering wealth since the start of the year owing to the strong pace of recovery in the country and renewed buying interest by local inv...Published: 29 Aug 2021 at 07:05hrs | 11192 | by Mfonobong Nsehe
Mthuli Ncube won't adopt the black market rate
FINANCE Minister Mthuli Ncube says the government will not be forced into following the parallel market foreign currency rate.He was responding to MPs during a question and answer session Wedn...Published: 28 Aug 2021 at 05:48hrs | 928 | by Staff reporter
Govt closes in on 'unscrupulous' fuel dealers
GOVERNMENT has threatened stern measures, including cancelling operating licences for fuel companies importing fuel with cash sourced from the foreign currency auction system, but selling the commodit...Published: 27 Aug 2021 at 06:44hrs | 1083 | by Staff reporter
Illegal harvesting of natural resources sparks conflict
The Kenilworth community, in Bubi ward 19 has raised ire over the indigent harvesting of locally available natural resources by villagers from neighboring districts.Premature harvesting of bro...Published: 26 Aug 2021 at 12:10hrs | 924 | by Stephen Jakes
Stanbic maintains steady performance in first half
Stanbic Bank has transcended the macroeconomic challenges bedeviling the country to post an inflation adjusted profit after tax of ZWL 1.2 billion for the half year to June 2021.The Standard B...Published: 26 Aug 2021 at 08:26hrs | 363 | by Staff reporter
Cops extorting sex from vendors
POLICE officers and municipal cops are allegedly demanding sex from female illegal vendors to facilitate their release, it has emerged.This was revealed at the virtual launch of the informal w...Published: 24 Aug 2021 at 06:38hrs | 3361 | by Staff reporter
Zera releases new retail price for LPG
THE Zimbabwe Energy Regulatory Authority (Zera) has set retail prices for Liquid Petroleum (LP) Gas following complaints of overpricing. Most residents in suburbs where there is no electricity use gas...Published: 24 Aug 2021 at 06:29hrs | 1896 | by Staff reporter
EcoCash reviews transaction charges
EcoCash, Zimbabwe's largest mobile money platform, will adjust its transactional charges by an average 10 percent next month after obtaining the greenlight from regulatory authorities. The com...Published: 23 Aug 2021 at 17:17hrs | 1335 | by Staff reporter
Zambian economy outplayed Lungu
The misconception that a replication of Edgar Lungu's political dilemma will befall Zimbabwe come 2023 will remain a mirage, not only for Nelson Chamisa who rushed to ululate at the then opposition pa...Published: 23 Aug 2021 at 07:47hrs | 2377 | by Daphine Zulu
Zimbabwe tobacco surpasses expectations, but farmers need better deal
ZIMBABWE has this year enjoyed one of its most productive tobacco seasons, but poor payment models for the farmers caused by the currency volatility left many farmers at the mercy of contract buyers....Published: 23 Aug 2021 at 06:52hrs | 235 | by Staff reporter
Zimbabwean young farmers lead the charge in agriculture
Agriculture in Zimbabwe is on an upswing and young people are the driving force. For example, the country is set to harvest 2.8 million tons of maize this year, triple the 2020 harvest, and making it ...Published: 22 Aug 2021 at 15:42hrs | 1014 | by Audrey Simango
Zimbabwe's abattoirs struggle
ZIMBABWE'S abattoirs are struggling to secure slaughter stock, as farmers have turned to livestock to store value and hedge against inflation, according to a report by the Livestock and Meat Advisory ...Published: 22 Aug 2021 at 08:04hrs | 563 | by Staff reporter
'Zimbabwe's retailers deserve a wage subsidy'
WHILE government was bullish in the midterm fiscal policy and revised upwards gross domestic product (GDP) growth projections for 2021 from 7,4% initially projected in November last year to 7,8%, grow...Published: 22 Aug 2021 at 08:01hrs | 138 | by Staff reporter
'Public prefers US$ over Zimdollars'
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya has blamed the widening gap between the official and parallel forex rates on locals preferring greenback over the local currency as a store of val...Published: 21 Aug 2021 at 07:35hrs | 1321 | by Staff reporter
Masiyiwa toasts Zambia transition
Businessperson Strive Masiyiwa says the Zambia transition is "African class" and he will be watching new President Hakainde Hichilema's policies to decide on possible new investment in the country....Published: 20 Aug 2021 at 07:10hrs | 2167 | by Staff reporter
Corruption at Zimbabwe Power Company
Generally speaking Zimbabwe Power Company (ZPC) has suffered so much due to systemic entrenched corruption and mismanagement, especially at Hwange Power station (HPS). Even though the official narrati...Published: 19 Aug 2021 at 20:51hrs | 2871 | by Anonymous
Load More Stories
