Business

#Zimbabwe Bakers cut price of bread by 10 percent

HARARE, March 18 (The Source) – The price of bread is expected to go down 10 percent by Friday and is likely fall further in the coming months, tracking international trends, an official has said. Since the adoption of the multi currency regime in 2009,  a standard loaf of bread …

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Telecel Zimbabwe Working With Government to Avert Shutdown

(Bloomberg) — Global Telecom Holdings SAE’s Zimbabwe unit is working with the government after it was told the business will be shut down for failing to pay its license fee and not complying with the country’s black empowerment laws. Global Telecom, a Cairo-based unit of wireless carrier VimpelCom Ltd., operates …

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