How the official/parallel forex system works

-making millions for the Zanu (PF) feeding trough
BY MUONGORORI
This week the Zimbabwe dollar went through the 1 000 to 1 barrier against the Rand - the...

Business briefs 01-03-07

 Clothing sales slump
TRUWORTHS has posted a $8,8 billion turnover in the half year to January...

Truworths earnings surge

TRUWORTHS has posted a $8,8bn turnover in the half year to 7 January 2007, up 1...

Acquisition approved

The Competition and Tariff Commission has approved Starafricacorporation Limited's 70% stake acquisition in West Beverage.
West Beverage...

Econet changeover set for Feb 26

HARARE - Zimbabwe's leading mobile phone services provider Econet Wireless has set midnight on February 26...

Power Shortages

HARARE - ZESA Holdings has allayed fears of crippling power shortages this year saying it had...

Bvumbe calls for sacrifice

HARARE - The Consumer Council of Zimbabwe (CCZ) has warned that if the current spate of...

ZCFU optimistic on harvests

HARARE - The Zimbabwe Commercial Farmers' Union (ZCFU) says it expects a harvest of over 70...

Business Briefs 22-02-07

BY BUSINESS REPORTER
HARARE
African Distillers Limited, the manufacturer and distributor of wines and spirits, has seen turnover...

Z$16 billion for SMEs

HARARE - THE Reserve Bank of Zimbabwe (RBZ) has reduced the rate of interest levied in...

ZESA staff get increases

HARARE - AFTER a five-week dispute over salaries ZESA Holdings has finally awarded workers a wage...

Econet gets US$20 million loan

HARARE - ECONET Wireless Limited, has secured foreign currency to embark on another multi-million-dollar project to...

Matonga graft trial postponed

HARARE - THE corruption trial of Deputy Minister of Information and Publicity, Bright Matonga, has been...

Bus drivers fail safety test

HARARE - NEARLY 40% of public transport bus drivers whose driving skills have been re-tested by...

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