Dr John Mangudya

Banking sector profits jump 42%

Oliver Kazunga, Senior Business Reporter THE banking sector in Zimbabwe closed year 2016 with $181 million profits, recording a 42 percent increase from $127 million in 2015, the central bank reporte...

Annual inflation rate up 0,28pc

Oliver Kazunga, Senior Business Reporter THE country’s annual rate of inflation gained 0,28 percentage points last month to -0.65 percent, latest data from the Zimbabwe National Statistics Agency (Zi...

Diaspora remittances drop to $1,574m

Oliver Kazunga, Senior Business Reporter DIASPORA remittances into Zimbabwe dropped by 17,9 percent to $1,574 million in 2016 largely due to weakening of regional currencies and the general poor perf...
letter-of-resignation-56c748c55f9b5879cc40b543

Resignation can be costly

Davis Ndumiso Sibanda MANY employees have found themselves out in the cold after resigning from employment and at times they find themselves working in worse off conditions than their previous jobs.
money_rect

Banking sector profits jump to $181m

Oliver Kazunga, Senior Business Reporter THE banking sector in Zimbabwe closed year 2016 with $181 million profits, recording a 42 percent increase from $127 million in 2015, the central bank reporte...
The new branding takes Neotel from its traditional orange to Liquid's blue and magenta branding

Liquid Telecom acquires SA’s Neotel

Oliver Kazunga, Senior Business Reporter PAN-African telecommunications group, Liquid Telecom, has successfully acquired Neotel to the tune of $435 million following an unconditional approval from th...
Men harvest timber at Gwampa Valley Forest in Nkayi District on Monday. Timber harvesting is one of the main economic activities in the district. — Picture by Dennis Mudzamiri

UNDP to fund SMEs

Prosper Ndlovu recently in Nkayi THE United Nations Development Programme (UNDP) Zimbabwe has set aside $5 million for various capacity building projects in the country with half a million dedicated ...