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POS machines population rises

Business Reporter Zimbabwe’s point-of-sale (POS) machine population increased by 18,3 percent in the first quarter of the year to 70 960. For the same period, there was also a marginal increase in the country’s number of automated teller machines (ATMs), in line with the Reserve Bank of Zimbabwe’s drive to …

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Ecobank to source more funds for critical imports

Ishemunyoro Chingwere  and Martin Kadzere ECOBANK Zimbabwe, a unit of Togo-based Ecobank Transnational Inc, is arranging a $45 million line of credit to fund importation of critical raw materials, an official has said. Zimbabwe is grappling with serious shortage of foreign currency partly due to subdued exports resulting from low …

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Soma-Phiri to wield axe

TASKED with a mandate to keep Bulawayo City afloat in the Castle Lager Premier Soccer League, coach Amini Soma-Phiri said he will take a ruthless approach and boot out some players in order to create room for better personnel during the mid-season transfer window that opens on July 1. BY …

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UK Embassy Exposes MDC Alliance Lies

The United Kingdom embassy in Zimbabwe yesterday exposed lies by the MDC Alliance that the Zimbabwe Electoral Commission (ZEC) is refusing to avail the voters’ roll for the July 30 harmonised elections, with its Ambassador Catriona Laing saying they easily got their copy at the electoral body’s office in Harare. …

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fastjet increases flights on Harare-Vic Falls route

Low-cost carrier, fastjet will add two flights between Harare and Victoria Falls next month amid growing demand for the service. BY BUSINESS REPORTER The additional flights will see the airline serving the route with twice-daily frequency, six days a week, with the only exception on Saturdays where the schedule remains …

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