Zimbabwe: U.S.$400 Million National Railways Deal Divides Ministers

Cabinet's shock decision this week to cancel the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal won by the Diaspora Infrastructure Development Group… Read more »

Zimbabwe: Govt's PR Offensive a Futile Exercise

Government's decision to hire four international public relations firms in its bid to spruce up its battered image globally is pointless unless the Harare administration implements… Read more »

Zimbabwe: Legal Battle Looms Over National Railways Project

A legal showdown is looming between the Diaspora Infrastructure Development Group (DIDG) and government after cabinet this week dramatically terminated the US$400 million National… Read more »

Zimbabwe: Nakamba Further Proof of Country's Sporting Versatility

That Zimbabwe is able to punch above its weight across a wide range of sporting disciplines is one of the few remaining sources of national pride for this country. Read more »

Zimbabwe: Chrome Company Execs Brief Mnangagwa

The Moti Group's African Chrome Fields (ACF) has pleaded with President Emmerson Mnangagwa to address a number of factors hampering its operations before the miner can bounce back… Read more »

Zimbabwe: Central Bank's Currency Policy Doomed to Fail

The latest move by the Reserve Bank of Zimbabwe (RBZ) to manage the exchange rate yet again is another experiment doomed to fail as laws of supply and demand will prevail. Read more »

Zimbabwe: No Prospects of Return to a Multi-Currency Regime

Zimbabwe's central bank deputy governor Jesimen Chipika says the nation is grappling with symptomatic challenges instead of tackling structural problems in the economy as she that… Read more »

Zimbabwe: Economic Woes Stumbling Blocks - ICSA

The Institute of Chartered Secretaries and Administrators (Icsa) is worried about Zimbabwe's economic challenges, saying these were acting as stumbling blocks to the corporate… Read more »

Zimbabwe: Retirement Planning Depresses Pensions Industry

Gerald (not his real name) was a chief executive officer of a leading manufacturing company in the country almost half of his life but is now dying a poor man. Read more »

Zimbabwe: Govt Still to Get Embraer Operating Manual

Government has engaged Embraer over delays in releasing crucial operating manuals for its Embraer ERJ145, six months after taking delivery of the aircraft from the manufacturer,… Read more »

Zimbabwe: Ecobank Wins Top Bank Award

Pan-African financial institution Ecobank Zimbabwe Limited came tops at the prestigious Zimbabwe Independent Banks and Banking Survey that was held at a colourful ceremony in the… Read more »

Zimbabwe: Airzim Using Antiquated Software

Air Zimbabwe (AirZim) is using sub-standard business and aviation software instead of recommended enterprise tools owing to the airline's failure to pay service providers, the… Read more »

Zimbabwe: The Impact of Cost of Living Trends On Wages and Salaries

The cost of living is on an upward trend. I present here a summary of key findings on cost of living and related factors and their impact on wages and salaries. Read more »

Zimbabwe: 80% of Zimbabweans Have No Savings - Survey

Narly 80% of Zimbabweans neither have savings nor an emergency fund to fall back on, a new report on workers' spending patterns says. Read more »

Zimbabwe: Still No Takers for AirZim 11 Months On

Insolvent flag carrier Air Zimbabwe is failing to attract an investor, 11 months after government invited bids from potential suitors to take over the embattled entity, the… Read more »

Zimbabwe: Finance Minister Ncube Taken to Court Over Inflation Figures

Finance Minister Mthuli Ncube (pictured) has been dragged to the High Court by National Social Security Authority (Nssa) employees who, in conjunction with members of the Zimbabwe… Read more »

Zimbabwe: Rainbow Tourism Group Launches Heritage Expeditions Africa

Hotel chain Rainbow Tourism Group (RTG) recently formed its domestic tour operations arm, Heritage Expeditions Africa, as it looks to expand its footprint in the tourism sector. Read more »

Zimbabwe: Defence Minister Hit With Lawsuit Over Spy Chief's Murder

The family of slain Central Intelligence organisation operative Peter Munetsi has sued Defence and War Veterans minister Oppah Muchinguri-Kashiri for US$185 627 (ZWL$2 840 093 as… Read more »

Zimbabwe: Granite Miners Face Threat of Closure

Granite producers are making frantic efforts to avoid a ban on exports to save their operations and jobs in the sector, businessdigest has learnt. Read more »

Zimbabwe: Govt's Forex Measures Dampen Investor Confidence

New foreign currency regulations by the Reserve Bank of Zimbabwe (RBZ) that will restrict employees from receiving their salaries in hard currency -- among a raft of other new… Read more »

Zimbabwe: Mnangagwa Reins in Matiza Over National Railways

President Emmerson Mnangagwa this week moved to rein in Transport minister Joel Biggie Matiza over his bid to scuttle the US$400 million National Railways of Zimbabwe (NRZ)… Read more »

Zimbabwe: Firing Doctors Won't Ease Health Crisis - Ndoro

Zimbabwe's health sector is mired in a crisis as public hospital doctors have been on strike for over a month. The job action has resulted in patients being turned away from… Read more »

Zimbabwe: Unlocking Country's Dead Capital

Agriculture remains central to Zimbabwe's economic revival hopes even though its contribution has declined to less than 12% of Gross Domestic Product (GDP) in 2018. Agriculture has… Read more »

Zimbabwe: Fresh Tensions At David Whitehead Textiles

David Whitehead Textiles Ltd shareholders have expressed concern over the credibility of the financial statements submitted by its judicial manager Knowledge Hofisi after auditors… Read more »

Zimbabwe: Economic Outlook Gloomy

Just like many other research and expert organisations focussed on the current Zimbabwean situation, the United Kingdom-based Economist Intelligence Unit (EIU), which produces… Read more »