Archive | Business

RBZ bouyant over Zimdollar

BY TAURAI MANGUDHLA Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says he is doing everything in his power to maintain a four-month stretch of exchange rate stability achieved since […]

Hospitality industry loses $1 billion

BY FIDELITY MHLANGA A HOSPITALITY sector executive says the industry lost $1 billion in potential revenue this year, after multiple business closures precipitated by the outbreak of the Covid-19 pandemic. […]

Zim national launches online mall

BY RICHARD MUPONDE A ZIMBABWE national living in the United Kingdom has launched an online shopping mall to improve trade in and delivery of products across Africa. (more…)

Zim tourism’s long road to recovery

THE travel and tourism industry is reopening following almost a year of closure as Zimbabwe implemented measures to prevent the spread of Covid-19. (more…)

Caledonia eyeing big gold mine

CALEDONIA Mining is interested in buying one of Zimbabwe’s largest gold operations as it embarks on an aggressive plan to acquire more assets in the country, according to a person familiar […]

Zoom threatens Zimbabwe conference tourism

BY KUDZAI KUWAZA THE recovery of the tourism sector, which has been ravaged by the Covid-19 pandemic, will be predicated upon staving off competition from emerging digital technologies, a local research unit has […]

Employers seek social contract

BY KUDZAI KUWAZA THE Employers’ Confederation of Zimbabwe (Emcoz) has agreed to initiate the process of developing a new social contract to address the country’s economic and political crisis. This […]

Banks wary of govt’s $18bn stimulus

BANKS are treating state guarantees extended under the government’s Covid-19 stimulus package with caution, business revealed last week, warning the country to brace for extensive de-industrialisation in the absence of […]

State firms crumbling

Fresh data detailing the rot in state-owned firms has emerged, with experts pointing out that their contribution to the country’s Gross Domestic Product (GDP) has plummeted from a high of […]

Covid-19: Liquid Telecom gives business lifeline

Liquid Telecom held a cyber-security event on September 8, 2020, outlining its new suite of services that bring international partners offering solutions for Africa. The company’s regional CEO Wellington Makamure […]

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