Browsing: Business

Business
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Mthuli moves to liberalise exchange rate

ZIMBABWE will adopt a “managed float” exchange rate regime, Finance minister Mthuli Ncube (pictured) said yesterday, abandoning strict control of foreign exchange by the central bank in the latest move in a series of currency reforms that have so far failed.

Business
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Reprieve for NetOne boss

NetOne Cellular chief executive officer, Lazarus Muchenje, has won a court case in which he was challenging his suspension.

Business
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Stringent regulations for US$ fuel

The Zimbabwe Energy Regulatory Authority (ZERA) has warned fuel companies that have been granted approval to sell fuel in US dollars that their licences risk being cancelled if they divert from the set regulations.

Business
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NetOne extends forensic audit

NETONE, Zimbabwe’s second largest mobile phone company has extended the forensic audit for the second time in less than a year after previous reports did not find any proof of fraud, embezzlement or theft on part of the management.

Business
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Old Mutual goes green

AT a time the country is experiencing excruciating power shortages, Old Mutual Zimbabwe is set to use solar energy on all its

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