Prepaid power tariffs up 30pc
Prepaid Zesa tariffs were raised by around 30 percent from yesterday with the 200 unit package used by many households rising from just under $870 to $1 127. The new … Read More
Author: Bullszimbabwe
RBZ’s $389m headache
The Reserve Bank of Zimbabwe (RBZ) will today disburse $66 million owed to cotton farmers with bank accounts for the crop delivered to Cottco last season, followed by $436,6 million … Read More
‘Low-cost housing way to go’
Nearly 570 low-cost housing units have been constructed in the first quarter of this year, in a clear demonstration of Government’s determination to provide housing to citizens, despite the challenges … Read More
Govt committee to oversee Tsingshan project
Work on the multi-billion-dollar carbon steel project in Chivhu — the Manize Project by Tsingshan (Afrochine’s parent company) is expected to start in earnest following the launch of an inter-ministerial … Read More
BancABC concludes US$11m Shelter Afrique housing deal
BancABC, the local banking unit of pan-African financial services group Atlas Mara, has concluded an US$11 million housing finance deal with Africa focussed housing financier Shelter Afrique. The Zimbabwean banking … Read More
TNF pushes for sectoral determination of wages
GOVERNMENT has stressed the need to strengthen sectoral determination of salaries and wages through National Employment Councils (NECs), as well as maintaining the stability of the economy and the prevailing … Read More
Month-on-month inflation jumps 0,86%
ZIMBABWE’S blended month-on-month inflation rate in May stood at 1,80 percent gaining 0,86 percentage points on the previous month’s rate of 0,94 percent, official data released on Tuesday shows. In … Read More
Pension industry challenged
The pension industry needs to come up with innovative products to broaden the coverage of pension systems to include informal workers, industry experts have said. In an article co-authored by … Read More
US government confident with Zim economic recovery
The United States (US) government says is confident of Zimbabwe’s economic recovery this year going forward and stands ready to support American companies keen to invest in the Southern African … Read More
Govt halts issuance of car sales leases in Harare
GOVERNMENT has put to a halt the issuance of leases of car sales following a huge outcry from Harare residents about the mushrooming of car sales in the city. Last … Read More
