News

The Postal and Telecommunications Regulatory Authority of Zimbabwe  (POTRAZ) says issues surrounding Telecel Zimbabwe’s licensing are being complicated by its failure to comply with the country’s indigenisation law.

(258 VIEWS)

Zimbabwe’s economy is this year seen  contracting  by four percent,  weighed down by weak mineral prices and poor foreign direct investment flows, research by a brokerage firm has shown.

(488 VIEWS)

The European Union (EU) says Zimbabwe needs to refine its business environment which continues to deter potential investors from the bloc’s member states.

(352 VIEWS)

Zimbabwe’s mobile phone operators have registered an 18 percent decline in revenue to $907 million in the full year to December compared to the same period in 2013, as voice traffic continues to dip amid growth in non-voice platform usage, a report by the industry regulator has shown.

(606 VIEWS)

Tobacco prices have improved in recent days with the trend expected to continue as the selling season gains momentum after a false start to the season that saw farmers protest over poor prices, the industry regulator has said.

(240 VIEWS)

I hate bullies, be they human or corporate. Their intention is to instill the fear of God, mainly to avoid scrutiny. I had this feeling about Econet Wireless and Steward Bank this in the past few weeks after reading about their “raid” of The Source, a media house. I write this opinion with a heavy heart since I have been a shareholder of Econet since inception, and by extension, am also a shareholder of Steward Bank.

(654 VIEWS)

Zimbabwe has received nearly $34 billion in foreign currency receipts since the inception of the multi-currency system against national payments of about $36 billion over the same period with the informal non-bank system accounting for the deficit, the Reserve Bank has said.

(614 VIEWS)