Business

The Daily News will host a breakfast meeting at Cresta Lodge’s Sango Conference Centre tomorrow where Reserve Bank of Zimbabwe (RBZ) governor John Mangudya will discuss the monetary policy statement (MPS) he presented yesterday.
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The government yesterday introduced a battery of measures aimed at bringing down the high prices of goods in the country, as well as growing the economy — including opening up foreign currency trading by banks and bureaux de change.
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Simbisa Brands has opened its first Pizza Inn branch in Gwanda and a second Chicken Inn branch in the mining town.
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Zimbabwe scrapped the peg between its quasi-currency bond note and the U.S dollar on Wednesday, its central bank governor said, potentially paving the way for its official currency exchange rate to slide sharply to match its value on the…
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The High Court has ordered a Bulawayo Construction Company, Astra Building Centre, to pay Lupane State University (LSU) more than $26 000 as compensation for shoddy construction work.
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Zvishavane Town Council has engaged Shabanie Mashava Mines (SMM) to write off the mine’s $14 million debt in exchange for the mine’s Runde water pump station to increase water supply in the growing mining town.
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Listed technology solutions firm Cassava Smartech Zimbabwe has unveiled plans to introduce tractors and ambulance services under its Vaya division.
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Money transfer agencies mainly Western Union, have become latest victims of foreign currency shortages as it emerged they are failing to access hard cash from local banks for onward transfer to receivers.
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Like many Manchester United fans around the world missing the good old days, I also regularly find myself reminiscing about the managerial prowess of Sir Alex Ferguson, whose inimitable success at one of the biggest clubs in the world has…
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China has spent $2,5 billion on Zimbabwe, which is by far the highest amount of money it has ever advanced to any African country.
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