Posted inStories
Delta sales hit new records over Christmas
Delta Corporation enjoyed record sales of soft drinks and beer over Christmas, but the company is worried about the impact of a “sugar tax” and an anticipated drop in spending…
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Chamisa dumps CCC but offers no immediate alternative
Citizens Coalition for Change leader Nelson Chamisa has dumped the party but has offered no immediate alternative saying his supporters will be posted on the next steps. In a 13-page…
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Zimbabwe to discuss interventions to prop local currency on Monday
Zimbabwe’s central bank will hold its first rate-setting meeting of the year next Monday as it seeks to deal with a currency rout. The monetary policy committee will meet “to…
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Is Zimbabwe better off than Nigeria?
Zimbabwe has been rated among the 50 least developed countries in 2024 but it is better off than oil rich Nigeria and Angola. According to a survey by InsiderMonkey, Zimbabwe…
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The changing remittance economy in Zimbabwe
The flow of remittances to Zimbabwe is huge, with diaspora remittances from outside the country estimated at over US$1 billion per annum, or around 16% of total foreign exchange receipts.…
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Tshabangu clobbers Chamisa again
Self-proclaimed Citizens Coalition for Change interim secretary general Sengezo Tshabangu has clobbered party leader Nelson Chamisa again after the court ordered that 23 candidates that filed their nomination papers in…
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Zimbabwean businessman, SA billionaire and Pakistani giant who now own Zimbabwe’s biggest sugar estates
A consortium of a Zimbabwean businessman, a South African billionaire and a Pakistani sugar producer is now in charge of Zimbabwe’s largest sugar producer. Tongaat Hulett, which runs the Hippo…
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Is the Zimbabwe dollar the weakest currency in the world?
I am not an economist but simple logic begs me to ask whether United States economist Steve Hanke is correct to say that the Zimbabwe dollar is the weakest currency…
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Is Nelson Chamisa’s leadership style a threat to Zimbabwe’s opposition politics?
Nelson Chamisa, a charismatic leader in Zimbabwe’s opposition politics, has been facing a storm of criticism over his leadership style within the Citizens Coalition for Change (CCC). Initially, Chamisa carved…
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Mnangagwa has a lot to do to convince Zimbabweans to have confidence in the local currency
Zimbabwe President Emmerson Mnangagwa has a lot of work to do to convince Zimbabweans to have confidence in the local currency again, a local economist and member of the Reserve…