Golden Sibanda Senior Business Reporter THE Reserve Bank of Zimbabwe (RBZ) says it will use various open market operation tools to deal with uneven distribution of money in the economy amid indications 50 percent of total bank deposits are concentrated in the hands of only 200 corporates. Critically, the central bank said doing so was […]
For the second time in as many months, President Mnangagwa hosted leaders of the Matabeleland Civic Society at the Bulawayo State House to discuss some of the sensitive issues in that region.
TEAM Zimbabwe UK have shown the way by presenting Warriors legend Peter Ndlovu with an Award of Excellence in honour of his trailblazing football career in Europe and the tremendous contribution to the game in Zimbabwe.
Herald Reporters HEAVY rains pounding most parts of the country continue to cause infrastructural damage while landslides in Vumba on Saturday blocked access to the iconic Leopard Rock Hotel. Poor drainage systems in some parts of Harare caused flooding in homes built on wetlands. In Mashonaland Central, some areas near the flooded Hoya River are […]
Zvamaida Murwira Senior Reporter MDC-Alliance legislators must be charged with contempt of court for their failure to respect President Mnangagwa during Parliamentary proceedings after the Constitutional Court ruled that he was duly elected as Head of State and Government, Speaker of the National Assembly, Advocate Jacob Mudenda has said. He said the MDC-Alliance lawmakers were […]
The “Zimbabwe is open for business” policy continues to bear fruit as European businesses seek investment opportunities in the country, with the latest being German investors who met President Mnangagwa yesterday. Head of the German investors, Mr Count Joachim of Bruhn, held a closed-door meeting with the President at his Munhumutapa offices. Some ministers and […]
Golden Sibanda Business Reporter Zimbabwe is making progress towards enforcing the use of the Zimbabwe dollar as the sole legal tender, after 189 million transactions valued at $459,6 billion were completed using local currency last year. This was said by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya while presenting the 2020 Monetary Policy […]
Government has intensified efforts to recapitalise the Zimbabwe United Passenger Company (ZUPCO) as it moves to restore sanity in the public transport sector through the importation of conventional buses from Belarus and China.