The International Money Fund (IMF) anticipates yet another tough year for Zimbabwe's struggling economy with its growth projections for 2020 fixed in the region of zero percent in the wake of climatic shocks and mounting headwinds in the economy. In its 2020 Article IV Consultation with
MUTARE-As pressure mounts on the need for action against corrupt cartels, the Zimbabwe Anti-Corruption Commission (ZACC) has said it is ready to prosecute anyone within key government departments implicated in the graft web. ZACC commissioner John Makamure told 263Chat that the commission itself is not captured
MUTARE- Rampant inflation is threatening completion of construction of the final two kilometer stretch of the Dangamvura water pipeline which has been dormant for years, Mutare City Council has said. Mutare Mayor Blessing Tandi said the cost of the last stretch of the 300 mm water
The Zimbabwe Stock Exchange Limited (ZSE) today launched the ZSE Training Institute, a center for specialized training of various capital markets subjects, 263Chat Business has learnt. The institute is expected to help unpack capital markets in a country were equity trading is generally misunderstood. In a statement
HARARE, Zimbabwe, February 26, 2020/ -- A seven-member delegation of Executive Directors of the African Development Bank visited Zimbabwe on a week-long fact-finding mission where they held meetings with a number of officials including President Emmerson Dambudzo Mnangagwa. The delegation also met officials from various ministries,
The sale of the iconic Meikles hotel to ASB Hospitality Zimbabwe, a company of Albwardy Investment LLC of Dubai has been completed with the United Arab Emirates-headquartered company set to assume control of the hotel from the first of March. The hotel previously owned by the
Government will with effect from March establish the Government Employees Mutual Savings Fund (GEMS) which will see Government deducting 2,5% of total remuneration being deducted from every Government employee. Speaking during a post Cabinet press briefing Minister of Information Publicity and Broadcasting Services, Monica Mutsvangwa said
Firebrand Norton legislator Temba Mliswa has revived his rivalry with business tycoon Billy Rautenbach among other white businessmen who he says have captured the country at the expense of the ordinary Zimbabweans. Addressing journalists in Harare, Mliswa said black business persons' cartels were nothing compared to
Lancet Clinical Laboratories have vowed to continue replacing their laboratory equipment at five-year intervals to keep up with the latest technology. The International Organisation of Standards (ISO) certified Clinical Laboratory is replacing equipment this year after using the last consignment procured five years ago. Addressing journalists during
Teenage sensation Wesley Madhevere has been included in Zimbabwe’s squad for the limited-overs series against Bangladesh. The 19-year-old budding all-rounder, who scored two half-centuries and took eight wickets with his off-breaks at the recent ICC Under-19 Cricket World Cup in South Africa, is one of the
You cannot copy content of this page