Business

The Reserve Bank of Zimbabwe (RBZ) says it remains confident that activity on the interbank foreign currency market will pick up considerably on the back of measures the bank has taken to increase foreign currency inflows.
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The Zimbabwe Electricity Supply Authority Holdings (ZESA)’s request for a 30 percent increase in electricity tariff may be underpinned by a need for sustainable electricity generation, but the real problem may even not be the tariff per se.
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The Zimbabwe Association of Funeral Assurers (Zafa) has authorised members to review their premiums upwards in a move that will see people folk out more for funeral services. We spoke to the biggest player in the sector NYARADZO Group…
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South Africa’s government has had to bring forward the bailout of state power firm Eskom, after it rushed 5 billion rand (US$355 million) to the struggling utility earlier this month to avert a default and said more cash could be needed…
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Finance Minister Mthuli Ncube pleaded with Zimbabweans to be patient with the government’s reform programme in the face of the rising cost of living, saying the mess will be sorted in time.
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Zimbabwean businessman Strive Masiyiwa wants the country to start pricing its goods in rand instead of RTGS dollars, a move that could introduce some price stability.
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ECONET Wireless Zimbabwe has started piloting mobile games on 100 000 randomly selected customers, ahead of full commercial launch at the end of the month
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Listed roofing and building products manufacturer, Turnall Holdings Limited’s latest factory upgrade on its factories in Bulawayo and Harare has increased capacity utilisation by about 125 percent, Turnall managing director Ms Roselline…
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A new nightspot, #Hashtag, is set to open its doors in Bulawayo tonight.Situated at the Monte Carlo Centre (formerly Hustlers Night Club or most recently Club 09), the new nightspot will open its doors at 6PM.
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The Bulawayo Rainbow Hotel has completed a US$2,5 million major facelift and is now open ahead of the Zimbabwe International Trade Fair which begins next week.
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