By Lorreta Songola WHEN thousands of delegates visited Harare for the recent Southern African Development Community (SADC) Industrialisation Week and the SADC Heads of State and Government Summit, Zimbabwe’s hospitality sector saw unprecedented occupancy levels, with hotels in the city booked up months in advance.…
STRIVE Masiyiwa, the entrepreneur and founder of the Econet Group, has been honoured by Harvard University for his extraordinary contributions to African and African American history and culture.…
ESHU, the trickster god of the Yoruba of Nigeria, is in essence a benevolent and protective spirit. Thought to be responsible for the good changes in life, he can also turn your life upside down if the mood takes him to play disruptive pranks on humanity.…
LAST Friday’s steep devaluation of the ZiG and the country’s soaring inflation have spooked skittish investors, heightening concerns about the future of the new currency and the health of the economy going forward. (more…)
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NATIONAL Foods Holdings (Natfoods) says all-in monthly operating costs increased by six percent following the value-added-tax (VAT) changes on basic foods at the start of the year. (more…)
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INNSCOR Africa (Innscor) has significantly boosted volumes across its major business units in the just-concluded fiscal year to June 30, 2024, and is now beginning to realise the benefits of its US$160 million investment in capacity expansion over the last three years. (more…)
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INDUSTRY leaders are intensifying their push for the establishment of a currency board, as Zimbabwe continues to grapple with exchange rate distortions that are destabilising the economy. (more…)
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ZIMBABWE'S recent devaluation of its gold-backed currency, the ZiG, has highlighted the need for a more stable and transparent foreign exchange system. (more…)
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ECOCASH Holdings Zimbabwe (EcoCash) more than doubled its spending on local suppliers of goods and services to ZWL665 billion -mainly small to medium businesses, as part of its efforts to grow the sector. (more…)
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THE country’s lithium production decreased 6,9 percent to 884 860 metric tonnes (mt) during the second quarter of 2024 compared to 940 138 mt recorded in the first quarter of the year, latest data shows. (more…)
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