Business

October 10, 2018 Staff Reporter 0

Several shops in Zimbabwe’s capital Harare have put up “closure signs” on their doors as the cash crunch deepens, signalling a worsening of the economic crisis epitomised by the return of fuel shortages last seen […]

Business

Price hikes irk consumers

October 8, 2018 Staff Reporter 0

HARARE – Consumers in Chiredzi have noted with concern price hikes effected on most commodities and the increased demand for cash by retailers which they say continues to affect them given their low disposable incomes. […]

Business

Govt hints at Mhangura mine re-opening

October 8, 2018 Staff Reporter 0

A cabinet minister has announced that plans are on the cards to have Mhangura mine reopened. Speaking during victory celebrations hosted by newly elected legislator for Mhangura, Cde Precious Masango, the Minister of Environment, Tourism […]

Business

Over 4 000 big firms evade tax: Govt

October 7, 2018 Staff Reporter 0

OVER 4 000 big businesses in Zimbabwe are not registered with the Zimbabwe Revenue Authority (Zimra) for tax purposes, Finance and Economic Development Minister Professor Mthuli Ncube revealed last Friday. Presenting the Government’s Transitional Stabilisation […]

Business

Air Zimbabwe goes into administration

October 5, 2018 Staff Reporter 0

HARARE – Air Zimbabwe was placed under administration on Friday, a dramatic new low for the loss-making airline currently sitting on a $350 million debt. In a government gazette published on Friday, the government issued […]

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