Mugabe clears way for bond notes

Zimbabwe’s President Robert Mugabe has issued regulations providing the legal basis for the issuance of ‘bond notes,’ a surrogate currency his government hopes will ease a biting US dollar bank…

Econet profit down 37 percent

Zimbabwe’s largest telecommunications company, Econet Wireless, has reported a 37 percent decline in after-tax profit in the half year ended 31 August 2016, as revenues continue to decrease in a…

Milk production up 14 percent

Zimbabwe’s raw milk production in the nine months to September is up 14 percent to 48.6 million litres, according to Ministry of Agriculture figures. The country produced 42.6 million litres…