FINANCE minister Mthuli Ncube last week proposed to increase his ministry’s budget allocation for 2019 by 440 percent from $274 million to $1,48 billion, raising eyebrows among legislators. (more…)

FOREIGN Affairs and International Trade minister Sibusisio Moyo says local companies have failed to access the US$100 million provided by the United Kingdom’s CDC Group through Standard Chartered Bank (Stanchart), in 2018. (more…)

NATIONAL power utility Zesa Holdings (Zesa) should prioritise the information and communication technology (ICT) sector to improve the ease of doing business in the country, the industry regulator has said. (more…)

THE Reserve Bank of Zimbabwe (RBZ) is now in a position to play its critical role in the economy following the abolishment of the multicurrency system in June, a regional lender has said. (more…)

FINANCE ministry secretary George Guvamatanga says the country’s power crisis is expected to improve after Zimbabwe paid off part of its debt to Eskom and is in continuous engagements with suppliers. (more…)

THE Confederation of Zimbabwe Industries (CZI) says Finance minister Mthuli Ncube’s decision to suspend the publication of annual inflation creates a void in the economy, leaving room for speculators to manipulate inflation data. (more…)

ZIMBABWE  has increased the price of petrol and diesel by up to 26% after the finance minister raised import tax on fuel last week, adding more pressure on citizens grappling with tripple-digit inflation. (more…)

ZIMBABWE’S sugar exports are expected to increase by 23 percent to 117 000 tonnes in the 2019/20 marketing year on the back of increased production and the growing demand from Kenya, a new report has shown. (more…)

ARE ZIMBABWEANS being kept in the dark for 18 hours a day because power generation is being severely curtailed by low water levels in Lake Kariba? The answer is no. (more…)

ZIMBABWE’s already-distressed industries are bracing for even tougher times ahead, as the triple whammy of rising fuel, power and labour costs pile more pressure on business. (more…)