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AUDITORS have raised a red flag over the valuation of assets by property companies in the half-year ended 30 June 2020, issuing adverse opinions that have...
TOURISM, one of the biggest foreign currency earners for most economies, has been hit hard by the Covid-19 lockdown, which reduced visitors to a trickle as...
PRIVATELY-OWNED coal producer Makomo Resources is owed about ZW$1,3 billion (approximately US$16 million) by its largest customer, the state-owned Zimbabwe Power Company (ZPC), managing director Raymond...
A STAGGERING 7 000 people employed in Victoria Falls’ tourist facilities have lost their jobs since 30 March when the government introduced a national lockdown to...
ZIMBABWE’S mining industry has granted its workers a 22% wage increase with effect from 1 October, a figure described by workers as paltry in an economy...
TREASURY blocked the construction of a US$300 million waste-to-energy plant and theme park that was being fronted by controversial businessman Delish Nguwaya, citing unsustainable payment terms...
WHILE the principle of land reform in Zimbabwe was primarily to address the skewed legacy of colonial land ownership imbalances, the late former president Robert Mugabe...
THE 2021 National Budget should not be a routine fiscal ritual—it sets the template for aligning economic activity with the National Development Strategy (One)(NDS1), set to...
ZIMBABWE’s debt to the African Development Bank (AfDB) could soon scale US$800 million, up from around US$600 million last year, despite Treasury’s commitment to make token...
THE National Pharmaceutical Company (NatPharm) has become a political battleground as a new feeding trough for the politically connected – just like the National Social Security...