THE National Railways of Zimbabwe (NRZ) says its engineering unit, Inter-Rail-Tech, will be participating at this year’s Mine Entra with focus on saving the country foreign currency through import substitution… Read more »
THE Zimbabwe Tourism Authority (ZTA) board says it undertook a staff rationalisation programme to right size the organisation in order to establish an efficient and lean operational structure. Last week,… Read more »
SI 142/19 outlawed the use of all foreign currencies for domestic transaction. It also reintroduced the Zimbabwe dollar. Finance Minister, Professor Mthuli Ncube has claimed that currency reforms were properly… Read more »
Finance minister, Mthuli Ncube (MN), last Thursday was interviewed by Alpha Media Holdings (AMH) chairman, Trevor Ncube (TN), on the forum In Conversation with Trevor. During that interview, the minister… Read more »
The shortage of cash in the form of bond notes has caused the rate of acquiring cash through Ecocash transfers to rise to at least 28% and 30 %, from… Read more »
Harare, Zimbabwe – The spectre of hyperinflation is looming over Zimbabwe again, a decade after runaway prices forced the country to abandon its currency. Annualized inflation in Zimbabwe surged to… Read more »
Auditor-General, Mildred Chiri revealed in her 2018 audit report of the Justice Ministry that over 640 000 litres of fuel are unaccounted for. The fuel was imported duty-free and meant… Read more »
The government intends to decentralise industry so that a factory is built in each of the country’s 63 districts in a move meant to stimulate economic development. This was revealed… Read more »
A CONSORTIUM of General Electric and Power Construction Corporation of China has been awarded the tender to develop the Batoka Gorge Hydro Electric Scheme (BGHES) under a Build, Operate and… Read more »
Pensioners are set to start receiving inflation-adjusted pay-outs, as the National Social Security Authority (NSSA) starts reviewing the compensation framework. The latest recorded year-on-year inflation rate stood at 97,85 percent… Read more »
