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World Bank Speaks On Zim's Cash Crisis

Harare - Fiscal imbalances combined with a large volume of domestic debt are at the core of Zimbabwe’s ongoing cash shortages, the World Bank said. ... Full story

Zimbabwe's Domestic Debt Hit $4bn In Q1 Of 2017

Zimbabwe’s domestic debt rose 40 percent to $4 billion during the year to March while the budget deficit was $230 million in the first quarter ... Full story

Zim Poultry Producers Burdened By VAT On Inputs, Capital Investment

THE Zimbabwe Revenue Authority (ZIMRA) has instructed chicken abattoirs to pay 15 percent value-added-tax (VAT) on all inputs, including capital investments used in broiler production, post ... Full story

Eskom Threatens Zim Power Cuts Over Debt

Cape Town – Eskom has threatened cutting power to Zimbabwe in June if its power utility Zesa does not clear its debt arrears of over ... Full story

Former MSU Student Clinches Midlands Business Awards

By Sydney Gokomere Gweru, April 02, 2017 - Former Midlands State University student and now a prominent Gweru property developer, Dr Tinashe Manzungu emerged tops during ... Full story

Mujuru Aides In Nasty Brawl Over Media

By Staff Reporter Harare, March 30, 2017 – NATIONAL People’s Party (NPP) senior officials Jealous Mawarire and Gift Nyandoro were Thursday caught up in a fierce ... Full story

SMEs Urged To Use Formal Banking Institutions

By Debra Ndlovu Gweru, March 30, 2017 – ZIMBABWE’S smaller businesses have been urged to consider using formal banks to deposit their monies as this was ... Full story

Zimbabwe Tobacco Sales Up 33.3 Percent In 2017

HARARE ‑ Volumes of sold tobacco have surged to 33.3 percent during the first nine days of this year’s tobacco auctioning season in Zimbabwe, despite ... Full story

Trump Forced To Pull Health Care Bill In Major Setback

Washington - US President Donald Trump suffered a major political blow on Friday as he was forced to ask Republican leaders to pull an emblematic ... Full story

RBZ Deputy Chief Backs Rand Adoption

Cape Town - A central bank official said it would be “prudent” for Zimbabwe to use the rand rather than the US dollar as the ... Full story

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