Business

Why Zim power crisis has worsened

ZTN Reporter The increased load shedding being experienced across Zimbabwe is due to a technical fault that has affected two units at one of the Southern African country’s major power generation ...

Power cuts to end by mid-year: Chasi

Takudzwa Chihambakwe Energy and power development minister, Fortune Chasi says the power situation in the country has improved significantly over the past few months. In an exclusive interview with ...

Zimbabwe insurers pay out over ZWL$1,2 billion claims in 12 months

ZTN Reporter Zimbabwe’s insurance industry paid out over ZWL$1,2 billion dollars in pension benefits and insurance claims last year, amid indications the industry honoured tax obligations of over $260 ...

Zim moves to stabilise exchange rate

Ndakaziva Majaka ZIMBABWE has set up a currency Stabilisation Task Force to monitor the country’s exchange rate, as fiscal authorities wrestle a runaway exchange rate, a cabinet minister has ...

Zim cash surplus hits ZWL3bn

Kimberleigh Jiro TREASURY has declared a cash surplus of over ZWL3 billion, as Zimbabwe’s Finance Ministry pushes ahead with ambitions to operate a cash budget in the wake of inflationary pressures ...

Fuel prices increase but…

ZTN Reporter FUEL prices in Zimbabwe are on the move again but there seems to be little improvement in its availability amid accusations that some retailers are the diverting the product to the ...