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STATE-OWNED telecommunications company TelOne is reeling under high inflation which has impeded profitability while sub-economic tarrifs are threatening to sink the firm. NYASHA CHINGONO TelOne’s last...
CBZ Holdings says inflationary pressures buffeting the domestic economy will render most local firms less competitive as overheads surge while the mining sector may record easy...
THE African Development Bank (AfDB) sees Zimbabwe’s annual inflation for 2022 closing at 43% at a time prices have been soaring against the backdrop of a...
INDEPENDENT audit firms have raised the red flag on some Zimbabwe Stock Exchange-listed companies which failed to comply with international financial reporting standards as the currency...
ALEX MAGAISA ON 7 May 2022, President Emmerson Mnangagwa issued an economic declaration that must surely claim a place among the most absurd economic policy initiatives...
THE Zimbabwe dollar’s massive depreciation on the parallel market has pushed the percentage difference between the official and parallel market exchange rates to over 120%, exceeding...
ZIMBABWEAN companies are now operating on a “strictly cash” or “payment upfront” basis in the aftermath of a catastrophic decree by President Emmerson Mnangagwa barring banks...
WHEN a Choppies supermarket haulage truck was involved in a road accident on Thursday in Ruwa, near Harare, a shocking spectacle ensued. At first, stunned passersby...
ZIMBABWE is likely to miss its inflation target due to currency volatility and other macro-economic factors, the Confederation of Zimbabwe Industries (CZI) has said. BERNARD MPOFU...
GOVERNMENT’S knee-jerk reaction to the on-going economic implosion will not address the country’s economic woes, the Zimbabwe National Chamber of Commerce (ZNCC) has said. BERNARD MPOFU...
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