Tobacco processor, British American Tobacco (BAT) is expecting a significant drop in volume output in second quarter (Q2) of 2020 owing to disruptions on its operations in the current period as the nation observed Covid-19 lock-down rules. This is despite good fortunes during the first three
BAT Anticipates Tough Second Quarter Due To Covid-19Zimbabwean companies are enduring their worst run in over a decade as their valuations continue to plunge in record levels last witnessed during the 2008 economic meltdown, 263Chat Business can reveal. Government’s decision to float the local currency in
Popular rapper, Desmond "Stunner" Chideme has weighed in on the highly publicised fallout between socialites Dj Towers and Mr Stylz. Speaking in a recent post on social media, Stunner hammered to Towers the importance of making friends and not enemies while reproving the hype-man from reckless
Mural specialist media agency CaliGraph in association with Baobab media has come up with an innovative way of raising awareness on the COVID-19 pandemic through featuring popular celebrities in paintings across Harare. By Marshall Bwanya CaliGraph spokesperson, Marcus Zvinavashe noted that the murals being painted across the
The government says the economy will slump in light of the effects of the COVID-19 which has reduced most economic activities worldwide. “In tandem with other global economies, Zimbabwe’s economy has been negatively impacted by the COVID-19 outbreak and growth is expected to slow down. The
While government-imposed nationwide lockdown to combat COVID-19 pandemic has caused distress among Zimbabwean citizens, it has turned out a blessing in disguise for rising Reggae artiste Poptain. The crooner has fast grown to be the most sought-after musicians on live lockdown shows - an initiative by
It's a buffet spoiler for music lovers as another crooner, a rising United Kingdom-based artiste, Chisai Zulu drops her latest offering, "Fool for Me" today. The release comes in the same timeframe Jah Prayzah, Enzo Ishall and Stunner have just dropped some fresh from the booth
The High Court has dealt a heavy blow to the informal sector who have been told to remain closed despite the bigger section of the economy now operating. The ruling follows an urgent application by the Zimbabwe Chamber for Informal Workers Association (ZCIWA), Passenger Association of
Government has lifted the suspension of Personal Protective Equipment procurement and ordered the payment and release of the consignment with inflated prices paying US$987 720 for a consignment worth US$325 000 locally. The consignment is in respect of a contract given under number NAT DP 04/2020 and
The Reserve Bank of Zimbabwe (RBZ) has lowered the daily ZIPIT transactions cap from ZWL 100 000 to ZWL 20 000 while also introducing a monthly cap of ZWL 100 000 as the battle against the scourge of illicit foreign currency trading activities intensifies. This follows
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