Bulawayo24 News - Skyes! "it makes perfect sense"

Magunje cement must follow established processes

Presidential Affairs and Devolution secretary Tafadzwa Muguti has raised alarm over suspected corruption in the licensing of a Chinese-owned cement and power plant project in Magunje, Mashonaland West - a development touted as a US$1 billi…

Published: 05 Aug 2025 at 08:55hrs | | by Staff reporter

Zimbabwe central bank speaks on retailers

The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanagement as the root cause of their diffic…

Published: 08 Feb 2025 at 12:30hrs | | by Staff reporter

Zimbabwe's retail sector faces collapse

The Confederation of Zimbabwe Retailers (CZR) has expressed grave concerns over the critical state of the country's formal retail and wholesale sector, following the closure of key retail outlets and the downsizing of others.Recent develop…

Published: 27 Jan 2025 at 08:16hrs | | by Staff reporter

WATCH: Zimbabwe cracks down on retailers smuggling flour

The Zimbabwe Republic Police, in collaboration with the Ministry of Agriculture and the Ministry of Industry and Commerce, will launch a series of raids on retailers suspected of smuggling flour into the country. This comes after reports t…

Published: 10 Oct 2024 at 18:13hrs | | by Staff reporter

Used clothes take Zimbabwe by storm

Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get enough of them," the 35-year-old says.But while…

Published: 02 Oct 2024 at 11:24hrs | 671 | by Staff reporter

Zimbabwe retailers rejects forced de-dollarisation

Zimbabwean retailers have issued a stark warning to the government regarding the potential consequences of de-dollarising the economy, cautioning that such a move could have catastrophic effects. This comes on the heels of the Reserve Bank…

Published: 02 Oct 2024 at 07:55hrs | 732 | by Staff reporter

Blitz exposes unregistered medicines

A JOINT operation between the Medicines Control Authority of Zimbabwe (MCAZ) and the police this week uncovered an illegal distribution network of unregistered and expired medicines including illicit products such as skin lightening creams…

Published: 10 Apr 2024 at 06:02hrs | | by Staff reporter

'ZiG difficult to accept in US$-dominated market'

Businessman and economist Nigel Chanakira says acceptance of the new currency, Zimbabwe Gold (ZiG), will be difficult given that the majority still prefer the greenback.The Reserve Bank of Zimbabwe (RBZ) launched ZiG and scrapped the Zimdo…

Published: 10 Apr 2024 at 06:02hrs | | by Staff reporter

Retailers go to town bootlicking Mnangagwa

The Confederation of Zimbabwe Retailers (CZR) has issued a statement praising President Emmerson Mnangagwa's leadership, a commendation that some critics perceive as excessive and bordering on sycophancy.The statement, signed by CZR Presid…

Published: 16 Jan 2024 at 04:46hrs | 2 | by Staff reporter

CCZ warns retailers on price distortions

The Consumer Council of Zimbabwe (CCZ) has issued a stern warning to retail outlets, demanding responsible pricing on all goods and strict adherence to the foreign currency auction system if operating a dual pricing model.This directive co…

Published: 28 Dec 2023 at 10:27hrs | | by Staff reporter

Zimbabwe retailers ban in-store pictures

RETAIL giants in Harare have reportedly resorted to banning customers from taking pictures of commodity prices and some shoppers have been forced to delete photos of prices.The retailers' stance comes amid fears of a government crackdown o…

Published: 17 Jun 2023 at 08:08hrs | 2 | by Staff reporter

Retailers defy Mnangagwa's government

SOME big supermarkets in Bulawayo are now exclusively charging certain goods and products in foreign currency and using the black-market rate for currency conversions in defiance of Government monetary policy.Retail outlets such as OK Zimb…

Published: 15 Jun 2023 at 06:44hrs | | by Staff reporter

RBZ summons retailers, manufactures

RETAILERS and manufacturers have been summoned to a no-holds-barred meeting on price hikes by the Financial Intelligence Unit (FIU), a unit of the Reserve Bank of Zimbabwe, especially against the backdrop of revelations that some leading c…

Published: 17 Jul 2022 at 09:05hrs | 1 | by Staff reporter

Zimbabwe retailers in major price climbdown

THE price hike madness that had manifested in the country in recent weeks appears to be dissipating with some of the major players in the economy starting to see reason following the gazetting of Statutory Instrument (SI) 142 of 2019, whic…

Published: 08 Jul 2019 at 07:51hrs | 4 | by Staff reporter

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