Is multi-tier pricing the problem or symptom?

As Zimbabwe’s central bank tries to calm the problem it caused in the market through the introduction of bond notes in November 2016, questions have been raised on whether the multi-tier pricing system is worth the fight or it’s only a symptom of deep-seated macro-economic problems in the country. By …

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Zim scores a first, launches women’s bank

HISTORY was made yesterday when the Zimbabwe Women’s Microfinance Bank (ZWMB) was unveiled, becoming the first bank in Southern Africa dedicated solely to transform and economically empower women. BY KUDZAI MUCHENJEKWA The bank was launched by President Emmerson Mnangagwa. In his remarks at the launch, Mnangagwa said women should take …

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Zim hosts tobacco growers’ indaba

About 75 delegates from five tobacco-growing countries converge in Harare today to discuss challenges and threats facing the sector. BY FREEMAN MAKOPA The delegates will be drawn from Zimbabwe, Malawi, South Africa, Tanzania and Zambia. Zimbabwe is now Africa’s largest producer contributing over 60% of the continent’s production. The importance …

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New policy to rev up industry

ZIMBABWE is set to unveil a National Industrialisation Policy which is expected to strengthen all sectors of the economy, a diplomatic official has said. BY TARISAI MANDIZHA The policy will run from 2018 to 2022 and is a successor to the country’s industrialisation strategy which ended in 2016. Speaking at …

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Zim lags behind on electricity regulatory index

THE African Development Bank (AfDB) has ranked the Zimbabwe Energy Regulatory Authority (Zera) and Zimbabwe Electricity Transmission and Distribution Company (ZETDC) as having an average level of development due to numerous insufficiencies. BY TATIRA ZWINOIRA Both Zera and ZETDC were among other electricity regulatory bodies surveyed in 15 countries on …

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LIVE UPDATES: Women’s bank official opening

11:36 – Vice President Chiwenga is now invited to give a vote of thanks and present a gift to President Mnangagwa. 11:34 – The President ends his speech by declaring the bank officially open. 11:33 – ED: “Most women live in rural areas and there is need for the bank …

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Lasting solution to cash shortages coming: ED

President Emmerson Mnangagwa has officially opened the Zimbabwe Women’s Microfinance Bank (ZWMB), promising to soon announce comprehensive strategies to alleviate cash shortages in the economy. During the ceremony President Mnangagwa, who was accompanied by the First Lady, Amai Auxillia Mnangagwa, Vice President Retired General Dr Constantino Chiwenga, the Minister of …

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How cryptocurrencies will disrupt real estate industry

CRYPTOCURRENCY has been on a wild ride lately, with massive fluctuations in both directions. The fluctuations understandably make some real estate brokers nervous, but many of us believe that cryptocurrencies are the future of money, and savvy brokers are getting in on the ground floor. As one of the founders …

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South African rate hikes seen as unlikely

JOHANNESBURG. — South African markets are pricing in the possibility of an interest rate hike this year as the rand falls, even though economists say this is unlikely as inflation expectations have not breached the upper end of the central bank’s target range. South Africa’s rand has slumped nearly 9 …

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Professional development critical in real estate agency practice

Property Reporter Those in the real estate sector in the country should consider continuing professional development (CPD) as a strategy to enhance their capacities, an expert has said. This was said by property sector expert Mhlanguli Mpofu in his presentation entitled Continued Professional Development: The Case for Real Estate Practice …

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