Businessman Denford Mutashu has been appointed chairperson of the Superbrand adjudication committee for the next two years succeeding Eve Gadzikwa whose tenure ended in May this year. Superbrand is an internationally recognized concept adopted by the Marketers Association of Zimbabwe (MAZ) since 2009. It aims to identify
Despite government announcing a 40 percent upward price adjustment on subsidized roller meal yesterday, most retail outlets in the capital have not stocked the commodity, a situation that has dashed hopes for the already economically downtrodden Zimbabweans, 263Chat Business can report. Finance and Economic Development Minister,
Prospects of a gloomy Christmas and new year holiday are looming large for most families in Zimbabwe with retailers already feeling the biting effects of lackluster festive spending owing to worsening economic conditions, 263Chat Business has established. This will be yet another indifferent Christmas holiday for
Foreign currency earners are shunning the inter-bank foreign exchange market owing to an opaque functioning system of its trading activities with indications that authorities are tempering with the bidding and price identification of the exchange rate, 263ChatBusiness has learnt. This is contrary to Central Bank assurances
The Confederation of Zimbabwe Retailers (CZR) has urged retailers that still have stocks to ensure efficient distribution of the available goods and ration them to ensure wide access while decimating any hoarding tendencies emerging out of opportunism, panic and lack of confidence in the market. CZR President
Analyst have expressed mixed feelings on the mid term monetary review which was released by the Reserve Bank of Zimbabwe yesterday. In an interview with 263Chat,Vincent Musewe an Economist and political commentator has welcomed the direction for banks to create nostro accounts for foreign currency transactions (nostro
Local retailers have joined the fight against card cloning which has seen many people losing money to cyber offenders. In a bid to stop a wave of card cloning, a number of retail outlets now conduct extra verification on debit card holders before transacting. Card cloning which
President Emmerson Mnangagwa's State Of The Nation Address (SONA) has received mixed reactions from Members of Parliament (MPs), civic leaders and business leaders. Mnangagwa presented his inaugural SONA on Wednesday before a joint parliamentary sitting of National Assembly and Senate where among other things promised to
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