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Govt Rolls Out Urban Bus System As Panic Grips Kombi Operators

By Idah Mhetu Government on Monday launched its nationwide $1 and $1.50/trip urban transport service to try and cushion commuters from high kombi fares. The move came after private commuter transport operators had hiked fares from an average $1,50 for distances of 20km and below to a maximum of $5 …

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ZSE counter opens strong

The Zimbabwe Stock Exchange (ZSE) opened the week strong, registering a 124% jump in turnover to $5,15 million from last week. BY TATIRA ZWINOIRA The Zimbabwe Stock Exchange (ZSE) opened the week strong, registering a 124% jump in turnover Trading on the market was disturbed in the wake of labour …

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Zim Industry Capacity Utilisation Down By 6.2 Percent – Study

By Alois Vinga The Confederation of Zimbabwe Industries (CZI) says local industry capacity utilisation has dropped by 6.2 percent with signs it could further slip if protective measures were not put in place to reverse the downward spiral. This was revealed in a recent survey conducted by the business oriented …

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Govt readies for new currency

Kudakwashe Mhundwa Business ReporterGovernment has made progress in terms of achieving conditions that need to be fulfilled on the macro-economic front before the reintroduction of local currency, according to Finance and Economic Development Minister Professor Mthuli Ncube. This follows Minister Ncube’s announcement recently that the country will have its own …

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Govt urged to find all-inclusive economic solutions

BY MTHANDAZO NYONI In a statement on the current economic crisis, Zimcodd said there was urgent need to bridge the widening gap between citizens and those who make decisions on their behalf. The organisation also said government must urgently resolve the currency issue once and for all in order to …

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