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Zimbabwe steps up battery storage

BULAWAYO — As a worsening drought slashes the country’s hydropower production, creating lengthy power cuts, Zimbabwe’s industries are beginning to turn to solar panels and battery storage systems to keep […]

Ncube’s budget gets thumbs down

Zimbabwe’s month-on-month inflation rate quickened to 38,75% in October from 17,7% the previous month as analysts warned that Finance minister Mthuli Ncube’s 2020 budget will be rendered useless by soaring […]

Ipec to tighten rules for insurers

THE insurance and Pensions Commission (Ipec) says it is reviewing licensing mechanisms for local insurers to ensure that they comply with international anti-money laundering regulations after Zimbabwe was placed on […]

Govt must invest more in health — Ndlovu

Zimbabwe and other African countries need to invest more in health if they are to reverse the brain drain that has resulted in the shortage of doctors and other specialists, […]

EcoCash set for 24 hour shutdown

EcoCash on Tuesday announced a major upgrade of its platform scheduled for the weekend, which will result in a 24-hour downtime of all EcoCash services.

Policy inconsistency dogs economy

ZIMBABWE is again back in the jaws of policy inconsistency and discord, which characterised the late president Robert Mugabe’s administration, pushing away foreign direct investment as a result, analysts have […]

Forex woes cripple Mimosa

ZVISHAVANE-based platinum miner, Mimosa Mining Company (Mimosa) says the foreign currency retention threshold for miners is not ideal as the business requires more money to acquire imported raw materials.

Zimbabwe’s money merry go-round

JOHANNESBURG — Zimbabwe is trying everything in the book to address a currency crisis that has undermined its productive capacity and threatened its economic sustainability. But its measures so far […]

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