“ZESA Owed $14 Billion By Consumers”

Industry wants USD power tariff linked to forex income

The Confederation of Zimbabwe Industries (CZI) says US dollar electricity billing should be matched to the…

Continue Reading
Mthuli Ncube Rules Out Scrapping 2% Tax

Mthuli meets ex-farmers over compensation

Finance and Economic Development Minister Professor Mthuli Ncube, who was in Bulawayo at the weekend, met…

Continue Reading
Wall Street's favorite trade has been battered by the bank stock meltdown

Wall Street’s favorite trade has been battered by the bank stock meltdown

Equity investors who piled into financial stocks to ride out the Federal Reserve’s harshest tightening cycle…

Continue Reading
Meikles Hotel owner keeps word on US$30m investment

Meikles Hotel owner keeps word on US$30m investment

Dubai-based Albwardy Investments which bought Zimbabwe’s Meikles Hotel for US$20 million three years ago and vowed…

Continue Reading
Tobacco farmers to get unpaid dues

Tobacco farmers to get unpaid dues

Tobacco farmers owed by merchants for the crop delivered last season will receive their balances by…

Continue Reading
Strong start to tobacco selling season

Strong start to tobacco selling season

The 2023 tobacco selling season officially opened yesterday with the Government calling for transparency among actors…

Continue Reading
ZSE market turnover more than doubles

ZSE market turnover more than doubles

Monthly turnover for February on the Zimbabwe Stock Exchange more than doubled to $24 billion from…

Continue Reading
Zim raw milk output bubbles

Zim raw milk output bubbles

Zimbabwe’s raw milk production increased by 10,13 percent in January 2023 to 8,14 million litres compared…

Continue Reading
SA supermarkets spend US$1bn on diesel for power

SA supermarkets spend US$1bn on diesel for power

During the latter part of 2022, the country’s two largest supermarket groups – Shoprite and Pick…

Continue Reading
Stocks tumble, yields climb on Fed rate hike jitters

Stocks tumble, yields climb on Fed rate hike jitters

Asian equities tumbled, Treasury yields pushed higher and the dollar extended gains as hawkish rhetoric from…

Continue Reading