Zimbabwe: 'Inflation to Shoot Up to 280% By Year-End'

Inflation could end the year around 280% and may rise to stratospheric levels thereafter if a new currency is introduced without preceding macro-economic fundamentals, a local… Read more »

Zimbabwe: Economic Crisis a Damning Indictment On Mnangagwa

President Emmerson Mnangagwa's administration's failure to address the economic challenges bedevilling the country - despite lofty promises - could have been described as… Read more »

Zimbabwe: Financial Services Provider Switches Off Banks

Paynet, a subsidiary of Mauritian financial services provider Payserv Africa, has suspended all local financial institutions from its transacting platform after they refused to pay… Read more »

Zimbabwe: Global Warming - Is Solar Energy Best Way to Go?

For about 30 years, the potentially devastating effect of heat-trapping emissions has been gracing pages of the global press, as well as dominating regional and global fora at… Read more »

Zimbabwe: Govt Re-Ignites Currency Debate

President Emmerson Mnangagwa's remarks over the weekend that Zimbabwe would have a fully-fledged local currency before the end of the year, ending the multi-currency regime enacted… Read more »

Zimbabwe: August 1 Killings - Only 35 to Be Compensated

Government is reviewing the eligibility of only 35 cases for compensation in the aftermath of the August 1 2018 shootings, amid growing frustration from aggrieved victims, who say… Read more »

Zimbabwe: New Currency Unlikely to Perform Miracles

Government's plans to unveil a new currency by year-end without addressing macro-economic fundamentals could be catastrophic, while the proposed local unit risks suffering the same… Read more »

Zimbabwe: Mnangagwa Prepares for Demos Crackdown

After subjecting more than a thousand regular police officers to paramilitary training, purchasing an assortment of weapons, including AK assault rifles and sniper rifles,… Read more »

Zimbabwe: Civil Society Activists On Military Watch List

The Zimbabwe National Army's Military Intelligence (MI) unit has placed on its watchlist several civil society activists it claims are conniving with United States to unseat… Read more »

Zimbabwe: 'Doing Good When No One Is Watching'

One incident drew the attention of travelling press corps in Cape Town last week in the build-up to the last game of Zimbabwe's debut season in the SuperSport Rugby Challenge. Read more »

Zimbabwe: Power Cuts Cripple Victoria Falls

Hotels in Victoria Falls are reeling from the current power outages that have forced them to use generators for hours as cuts intensify, businessdigest has established. Read more »

Zimbabwe: Lack of Confidence Hampers FDI Inflows

The country's hopes of attracting meaningful foreign direct investment (FDI) on the back of the 'Zimbabwe is open for business mantra' will remain dead in the water, unless the… Read more »

Zimbabwe: U.S.$53 Million Compensation for Displaced Farmers Reconfigured to RTGS$

The US$53 million that was allocated in this year's budget to compensate white farmers, who lost farms during the chaotic land redistribution exercise of 2000, has been… Read more »

Zimbabwe: Mnangagwa Now Mirror of Mugabe's Patronage System

President Emmerson Mnangagwa's recent appointments of High Court Judge Justice Loice Matanda-Moyo to lead the Zimbabwe Anti-Corruption Commission (Zacc) and Gerald Mlotshwa to the… Read more »

Zimbabwe: Mnangagwa Govt Should Listen to Voice of People

"The voice of the people is the voice of God", said President Emmerson Mnangagwa before the 2018 elections. Little did he know that this will backfire on him. People spoke during… Read more »

Zimbabwe: Hwange Power Station Under Threat

The skewed pricing structure and the acute foreign currency shortages in the market have crippled the operations of coal miners, lowered production and could lead to a shut down of… Read more »

Zimbabwe: Diamond Firm Sues Govt Over U.S.$14 Million

Pure Diam DMCC, whose mining licence was terminated by the government in 2016, paving way for the formation of the Zimbabwe Consolidated Diamond Company (ZCDC), has instructed the… Read more »

Zimbabwe: David Whitehead Sale Raises a Stink

Conflict of interest and possible abuse of office concerns emerged this week after David Whitehead Textiles Ltd (DWTL) judicial manager Knowledge Hofisi sold a 51% equity stake in… Read more »

Zimbabwe: Stocks in Major Surge

Stocks rallied in the month of May as investors sought safety in stocks amid rising inflation and general correction of valuation to reflect the weakening of the RTGS dollar… Read more »

Zimbabwe: Foreign Investment, Its Role in Economic Development

The following is an overview of foreign direct investment (FDI) as understood and commonly practiced by the international business community. Most Zimbabweans have a very limited… Read more »

Zimbabwe: Amhvoices - Where Are You Mr President?

President Emmerson Mnangagwa where are you? The people of Zimbabwe want you to give them guidance, but you are nowhere to be found. Read more »

Zimbabwe: Dabengwa Burial Snub Cannot Erase His Legacy

Why does Mnangagwa live in fear if he knows his government is performing well? Coercion, as a form of governance, will automatically lead to resistance and Mnangagwa should know… Read more »

Zimbabwe: 'Country Inclusive Dialogue for Economic Recovery'

The Confederation of Zimbabwe Industries (CZI) last week elected Henry Ruzvidzo (HR) as the body's new president, taking over from Sifelani Jabangwe. Ruzvidzo's appointment came at… Read more »

Zimbabwe: Ok Zim Earnings Jump 200%

OK Zimbabwe Ltd reported a 196% net earnings jump to RTGS$49,2 million in the year to March 2019 (FY18) but the numbers did not thrill the market in real terms. Read more »

Zimbabwe: World Cup Without Rest of the World

If reality had not yet sunk in, it finally did when cricket's World Cup roared into last Thursday, with hosts England defeating out-of-sorts South Africa at The Oval. Read more »