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Chitembwe in emotional duel

BY HENRY MHARA LLOYD Chitembwe will be facing Caps United for the first time since crossing the floor to rivals Harare City last month and claims he still retains “respect” for the Harare giants and its supporters. The two clubs clash at Rufaro Stadium tomorrow in a midweek Castle Lager …

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ZB introduces international bank cards

BY MTHANDAZO NYONI ZB Financial Holdings Limited (ZBFHL) is currently working on introducing an international bank card following its removal from the US sanctions list in 2016, chief executive Ron Mutandagayi has revealed. “We are currently in discussions with both Visa and Mastercard and our views are that we would …

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‘Mangudya’s monetary measures hollow’

BY FIDELITY MHLANGA A COCKTAIL of measures unveiled by Reserve Bank of Zimbabwe (RBZ) governor John Mangudya in his midterm monetary policy statement fall short of stimulating economic growth and market confidence as the economy continues in freefall. Mangudya last Friday announced a raft of measures which include broadening money …

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Inflation affecting tourism sector pricing: Matamisa

BY MTHANDAZO NYONI ZIMBABWE’S tourism sector is in a catch-22 situation, with players now failing to even budget on a monthly basis due to price instability. The southern African nation is currently under economic siege, with inflation reaching alarming levels due to the continued devaluation of the local currency after …

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High excise duty threatens Afdis

BY MISHMA CHAKANYUKA WINES and spirits maker African Distillers Limited (Afdis) expects product affordability challenges going forward owing to an upsurge in excise duty charged on its goods. Excise duty is a tax designed to discourage the purchase of particular goods. If you import goods from abroad, you might need …

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