Increase in sugar prices unwarranted: Mutashu
Mutashu said the recommended retail price ranged from US$2,60 (ZiG 33,75) to US$2,80 (ZiG37,80) for 2kg of both brown and white sugar.
By Priveledge Gumbodete
Apr. 12, 2024
Mimosa offloads 33 managers
The exercise, according to the company, was done to ensure that the business remains viable given the depressed metal prices.
By Mthandazo Nyoni
Mar. 6, 2024
Food poverty basket shoots to ZWL$400k
Prominent United States economist Steve Hanke recently revealed that the local currency has depreciated 95% against the US dollar since January 1, 2023.
By Priviledge Gumbodete
Mar. 4, 2024
Is hyperinflation crisis back again?
Without decisive action, the country risks further economic deterioration and social unrest given a looming drought which is poised to further weigh down on the economy in the country and the region.
By Tinashe Duma
Feb. 2, 2024
Zimbos sink deeper into poverty
The Zimdollar has lost more than a third of its value in January this year with the parallel market rate standing at US$1:ZWL$15 000.
By Sharon Buwerimwe
Jan. 30, 2024
Ariston banks on macadamia demand to overturn loss
This comes after loss-making position of the group widened to ZWL$33,06 billion for the year ended September 30, 2023, from a 2022 comparative loss of ZWL$5,94 billion.
By Tafadzwa Mhlanga
Dec. 29, 2023
2023 a year of extreme exchange rate volatility
Realising that there was no way to implement the value for money programme as contractors kept on forward pricing, Treasury introduced a slew of new taxes, levies, and fees by the end of last month.
By Tafadzwa Mhlanga
Dec. 21, 2023
Govt in umpteenth warning on price hikes
In a statement over the weekend, Industry and Commerce minister Sithembiso Nyoni said retailers had enough stock to cater for the whole country.
By Brent Shamu
Dec. 18, 2023
Irate contractors goad govt into action over cement crisis
Industry sources also claimed the shortages were being driven by a cartel seeking to benefit from rising demand of the product because of ongoing infrastructure projects.
By Freeman Makopa
Nov. 10, 2023
