Uncertainty hangs over Russian energy deal

HARARE - It was uncertain this week whether Russian energy firm TurboEngineering would invest in Zimbabwe's energy sector after officials from the company expressed dissatisfaction at...

The real cost to the region of the Zim crisis

BY A SPECIAL CORRESPONDENT
BULAWAYO - The main impact of the collapse of the Zimbabwe economy has...

Chinese, Russians compete for Zim spoils

The Russians are also scheduled to hold talks with officials from the Ministries of Energy, Finance...

Shortage of curators

A memorandum to the organisation’s deputy secretary, Clifford Foroma reads: “May those lawyers who are interested...

Bull market erupts as treasury bills suspended

The monetary policy, which was rumoured to be announced on Thursday, did not materialise and expectations...

Business leaders threaten to sue ZESA

BULAWAYO - Business leaders say they are considering suing the Zimbabwe Electricity Supply Authority (ZESA) for...

Business Briefs 13-7-06

UK firm to invest in mining sector
HARARE - The British mining company African Consolidated Resources...

Zimbabwean Debt Situation

Domestic debt trebles
HARARE - Zimbabwe's domestic debt has trebled, from Z$15-trillion to nearly Z$43-trillion, casting a...

Currency Crisis

Monetary policy review?
HARARE - The stock market continued on the upward path it has been...

Econet secures US$20 million loan

HARARE - As Zimbabwe continues its downward economic spiral, the rest of the African continent is...

Forex Rates 06-07-06

EDITOR - Thank you for giving us the platform to express our views and opinions through...

Forex Rates

Forex rates

Parallel market rates this week   last week
US$1 = from Z$410,000 – 430,000   310,00
GBP1 = Z$790,000     650,000
SAR1 = from...

NEDPP target a mirage as forex market slumps

NEDPP target a mirage as forex market slumps

HARARE - The stock market closed last week on...

Bus fares soar as fuel pumps run dry

Bus fares soar as fuel pumps run dry

BULAWAYO - Commuter omnibus operators are set to increase...

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