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Wednesday, June 19, 2019
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Govt gives IDC $30m boost

TINASHE MAKICHI The government has given the Industrial Develop­ment Corporation of Zimbabwe (IDCZ) $30m to kick-start its role as a development financing insti­tution and help...

Will ailing parastatals rise like the phoenix?

SIMBA RUSHWAYA The government recently embarked on a Public Enterprises Reform Programme aimed at reviving, privatising, or jettisoning perennial loss-making parastatals as it wants to...

Poor asset quality threatens banking sector

PHILLIMON MHLANGA Zimbabwe’s banks have burnt their fingers again by lending to low-rated borrowers result­ing in the quality of their assets deteriorating significantly evidenced by...

ASL in 110pc FY18 profit jump

TINASHE MAKICHI Strong positive performance in the global tourism trends, increased activity in the domestic economy and subsequent in­crease in occupancy levels saw hospital­ity concern...

Harare water crisis worsens

MOSES MATENGA Harare is faced with a serious water crisis with the local authority saying there is only a few days’ supply of chemicals left...

Tighten your belts till 2020 – Mthuli

TINASHE MAKICHI Finance minister Mthuli Ncube has said austerity measures adopted by government to cap expenditure and free up funds for capital projects are expected...

‘Controversial’ taxes drive government revenue

TAURAI MANGUDHLA The controversial 2% tax on electronic transfers above ZWL$10, which received stiff resistance from the public at its introduction last October, is fast...

Cooking oil shortages loom

LIVINGSTONE MARUFU/GAMUCHIRAI TSOKOTA Zimbabwe will experience serious cooking oil shortages in the coming weeks as foreign currency shortages have affected the importation of crude oil,...

Cholera fears intensify …..as Beira trade flow is severely affected

TINASHE MAKICHI/ SIMBA RUSHWAYA The government is on high alert amid fears that cholera may hit areas that were ravaged by Cyclone Idai. The cyclone...

Tatenda Magetsi wins World Bank blog competition for youths

  The World Bank has congratulated Tatenda Magetsi for winning the 2019 Blog4Dev competition in Zimbabwe. Blog4Dev is a competition that invites young people to...