Karimanzira vows war on corruption

HARARE - The governor of the Harare Metropolitan Province, David Karimanzira, has for the first time promised to stamp out corruption, saying all errant and irresponsible...

Gold up, nickel down

HARARE - Gold production at Renco Mine increased by 87% in the fourth quarter of 2006,...

Time Bank pays depositors

HARARE - Time Bank has paid in full its financial obligations to former depositors of the...

Govt fails to release CCZ funds

HARARE - The Consumer Council of Zimbabwe (CCZ) is yet to receive its Z$293 million budgetary...

RBZ fails to raise Z$160 billion

HARARE - Having failed to get support for the 3-year government bond, which closed a fortnight...

Prices soar

BULAWAYO - Prices continue to soar at an alarming rate. Just this week the following increases...

CHRA Column

By Precious Shumba, Information Officer, CHRA
HARARE - SO much has been said and written about possible...

Business Updates


Gono fails to arrest dollar's freefall
By Paul Farai Nyakazeya
THE Zimbabwean dollar lost at least 79% of...

Mismanagement, not sanctions, have wrecked economy

BY ERIC W BLOCH
'Most prices will double over the first two months of the year, and...

Exporters call for devaluation

OWN CORRESPONDENT
HARARE - Business in Zimbabwe is urging a devaluation of the local currency against the...

Freight industry suffers

HARARE - Zimbabwe's freight industry is operating at about 40% capacity as a result of continued...

Foreign debt soars

HARARE - Zimbabwe closed the year saddled with a current account deficit of US$548,8 million as...

RBZ borrows Z$160 billion

HARARE - The Reserve Bank has not yet established the much-awaited Exchange Rate Impact Assessment Board...

Bleak outlook for 2007

BY MUONGORORI
With further decline predicted in  most financial sectors, 2007 holds the disheartening prospect of yet...

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