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Inflation rate quickens to 2,91pc

Enacy Mapakame Business Reporter Zimbabwe’s annual rate of inflation for June gained 0,20 percentage points to 2,91 from 2,71 percent in May, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. “This means that prices as measured by the all items CPI increased by an average of 2,91 percent …

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Effects of mercury on human beings

For foetuses, infants and children, the primary health effect of mercury is impaired neurological development. Mercury exposure in the womb, which can result from a pregnant woman’s consumption of fish that contain mercury, can adversely affect a baby’s growing brain and nervous system. Impacts on thinking, memory, attention, language, and …

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‘Harness Cross-Border Opportunities’

By Prosper Ndlovu Lusaka, Zambia OUTGOING Common Market for Eastern and Sothern Africa (Comesa) secretary general, Sindiso Ngwenya, has called on regional member states to harness opportunities offered by cross-border traders through provision of supporting infrastructure and related facilities. In his last address during the opening of the Comesa Council …

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NBS opens branch for pensioners

Africa Moyo Business Reporter The National Building Society (NBS) has opened a branch at Harare’s Social Security Centre to exclusively serve the National Social Security Authority (NSSA) pensioners during pay-out days, as part of efforts to reduce the monthly challenges they confront when accessing their payouts. NBS is a building …

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Foreign currency illegal market fuels price hikes

The Confederation of Zimbabwe Retailers has blamed the growth of the black market for foreign currency for fuelling the current wave of increases in prices of basic  commodities. Over the past few days, prices of most consumables have been sky-rocketing, leaving consumers in a lurch. Confederation of Zimbabwe Retailers president …

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‘Broaden Access to ICTs’

By Golden Sibanda President Mnangagwa has challenged the Postal and Telecommunications Regulatory Authority (Potraz) to be more transparent in the deployment of the universal services fund (USF) to ensure broader access to postal and telecoms services. Speaking after officially opening the telecoms regulator’s $22 million head offices in Mt Pleasant …

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ZB Begins Work On Plumtree Stands

By Tawanda Musarurwa Diversified financial services group ZB Financial Holdings, says it has started work on its Plumtree residential project that consist of 708 high and medium density stands. ZBFH’s group projects and property development is a department within the holdings company, which is responsible for the property investment boutique. …

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On the Road to Middle Income Status

EDITORIAL Yesterday we carried a report in which we revealed that under President Mnangagwa, Zimbabwe has embarked on record-breaking road construction and infrastructure rehabilitation programmes. High grade asphalt concrete roads are being constructed to facilitate the movement of goods on major highways, while the National Railways of Zimbabwe’s recapitalisation and …

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Economy On Growth Trajectory – Statistics

By Martin Kadzere Zimbabwe’s economy is on a growth trajectory with more imports now skewed towards production instead of consumption, an analysis of latest trade statistics shows. Latest trade figures from the Reserve Bank of Zimbabwe (RBZ) for January 2018, on a cash basis, and latest trade figures from the …

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Secz Launches C-Trade

By Tawanda Musarurwa C-Trade, the online and mobile shares trading platform was launched yesterday effectively opening up Zimbabwe’s capital markets to all and sundry. It’s the first of its kind in the Sub Saharan African region. The platform will enable investors, both local and foreign to purchase securities from anywhere …

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