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Zimbabwe’s billion-dollar eggs consigned to past as deflation spectre looms

by David Pilling and Andrew England Zimbabwe, a country once so gripped by the madness of hyperinflation that the central bank could no.

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Ex-education minister Coltart attacks teachers’ salaries slashing proposal

Former Education minister David Coltart has condemned plans by government to slash teachers’ salaries in schools with a pass rate below 50%. Coltart.

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Money & Markets

Is mobile money competing with banks?

It is common practice the world over that when mobile money is introduced into a market, the banking sector quickly acts against the.

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Main News Money & Markets

Zimbabwe economic woes escalates as cash shortages hit banks

by Taurai Mangudhla A BITING cash shortage has forced banks to lower their daily automated teller machine (ATM) withdrawal limits from US$3 000.

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Main News Money & Markets

Zimbabwe’s imports down 13%

ZIMBABWE’s imports maintained a downward trend declining by 13 percent from $516 million to $449 million between October and November last year, official.

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Money & Markets

RBZ urged to tackle deflation

HARARE – The Reserve Bank of Zimbabwe (RBZ) must introduce an inflation-oriented policy as part of strategies to halt deflation and grow the.

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Money & Markets

Heavyweights drag ZSE industrial index

THE Zimbabwe Stock Exchange industrial index was 0,63% lower to 105,19 in midweek trades weighed down by losses in heavyweights. Insurer Old Mutual.

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Main News Money & Markets

Zimbabwe government says civil servants Bonuses not a priority as Mugabe prepares for another expensive birthday bash

HARARE – Paying civil servants their 2015 bonuses is not a priority for government right now, Public Service minister Prisca Mupfumira said yesterday..

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Main News Money & Markets

Zimbabwe faces fiscal crisis in 2016

HARARE – Zimbabwe risks plunging into a fiscal crisis this year due to governance failure, The World Economic Forum (Wef) has warned. “Given.

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Money & Markets

Delta revenue fell down 7pc due poor sales over Christmas

DELTA Corporation’s revenue for the nine months to September 2015 decreased by 7 percent, weighed down by falling volumes across the beverage maker’s.

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