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From festivals in Florida to touring Dracula’s digs in Romania, we round up the best destinations to visit this October. As summer abandons Europe again this October, eke out the last of the rays and raves in Ibiza, where nightclubs will be going out with a bang for the winter break. When the party finally stops head to the island’s north.
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Liquidity squeeze hits Zim
PHILLIMON MHLANGA Zimbabwe’s central bank is in the market mopping up excess liquidity using savings bonds as a deliberate action…
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Fresh headache for Mnangagwa
LIVINGSTONE MARUFU Cash-strapped government is struggling to raise US$1.75bn to compensate former commercial white farmers who lost their farms under…
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Glitches rock forex auction
PHILLIMON MHLANGA Zimbabwe’s central bank is taking at least two weeks to settle companies’ funds from the foreign currency auction…
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Divisions rock HCC
TINASHE MAKICHI The Harare City Council (HCC) has been hit by a power struggle amid an emergence of two factions…
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Cabinet okays Insurance Bill
PHILLIMON MHLANGA Cabinet has approved the amendments to the Insurance Bill aimed at introducing best practices in Zimbabwe’s insurance sector,…
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Power outages hit BCC
CHENGETAI MURIMWA IN BULAWAYO Crippling power outages could force the Bulawayo City Council (BCC) to abandon its plan to lift…
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Poor connectivity, data costs switch off students
CHENGETAI MURIMWAIN BULAWAYO Poor internet connectivity and exorbitant data costs have posed new challenges for students in rural and urban…
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Banks look to non-interest income for growth
PHILLIMON MHLANGA Despite the disruptive impact of the deadly Covid-19 pandemic, local banks delivered profits much higher than expected in…
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Interest rates spike bites firms
PHILLIMON MHLANGA A spike in the Reserve bank of Zimbabwe (RBZ)’s benchmark interest rate for its overnight lending window by…
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Invictus begins rig sourcing for oil project
TINASHE MAKICHI Australian Stock Exchange-listed Invictus Energy has commenced rig sourcing aimed at kick starting the drilling of two wells…
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