Sex once a month

Zimbabwean legislator Sithembile Mlotshwa has called on scientists to develop a chemical to dull men's libido and enable them to have sex once a month to curb the spread of…

Inflation rises

Inflation rose to 2.9 percent year-on-year in June from 2.5 percent in May, the Zimbabwe National Statistical Agency said today. On a month-on-month basis, inflation was at 0.2 percent from…

Resisting political corruption- the story of Econet- Part Nine-Conclusion

Given the fast deteriorating economic environment, the Econet management took in February 2000 perhaps its most significant strategic decision: to reduce the exposure to Zimbabwe by developing other markets in Africa and beyond. The vision of the company, which had been “To provide telecommunications to all the peoples of Zimbabwe” (IPO prospectus August, 1998), was now reformulated “To provide telecommunications to all the peoples of Africa.”

(401 VIEWS)

Deficit

Finance Minister Tendai Biti today said Zimbabwe will probably post a budget deficit of $500 million this year. Biti said that the government won’t have a supplementary budget this year…

Resisting political corruption- the story of Econet- Part Eight

Econet was quick to launch its prepaid cellular service. The combination of this innovative product and the goodwill it had accumulated with the people of Zimbabwe over the five years of court battles for the license would take it to a position of market leadership in just three months, even though PTC’s cellular service (Net One) had been launched nearly two years earlier in September 1996.

(68 VIEWS)