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Tobacco sales hit $400m

HARARE – Zimbabwe has realised $400 million from 103 million kg of flue-cured tobacco sold since the opening of the 2013 selling…

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Fuel prices go down

HARARE – Zimbabwe’s fuel prices have gone down by an average of $0,08 after surging at least $0,10 following the hike of…

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Consumers to buy prepaid meters

HARARE – Government has issued a statutory instrument requiring high-end electricity consumers to purchase their own prepaid meters. Elton Mangoma, Energy minister,…

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Zim lures foreign investors

HARARE – After shunning Zimbabwe during its years of hyperinflation and political strife, foreign investors are finding the southern African country increasingly…

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AfrAsia mulls job cuts

HARARE – AfrAsia Kingdom Zimbabwe Limited (AKZL) is retrenching part of its staff under a “voluntary separation exercise”, businessdaily has established. The…

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Interfin to retrench

HARARE – Embattled Interfin Banking Corporation (IBC) plans to retrench nearly half of its 300 plus workforce as part of efforts to…

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Mutambara calls for protectionism

HARARE – Deputy Prime Minister Arthur Mutambara says Zimbabwe should embrace protectionism to facilitate revival of the country’s ailing industry. “In order…

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