Business

No bonus for Zim workers

Ndaka Majaka THE 13th cheque is likely to elude most private sector employees this year amid indications that most employers are incapacitated and unable to extend bonuses, the Employers Confederation ...

Bakers reap burnt toast

Ndaka Majaka LOCAL bakers are losing an average of RTGS$400,000 per day as Zimbabweans dump bread on the back of a 60 percent hike in the staple’s price, it has been learnt. Sources in the baking ...

Air Zim now billing in foreign currency

ZIMBABWE’S national carrier has announced that foreign nationals are now required to purchase tickets using foreign currency. Air Zimbabwe says only locals will now be allowed to purchase tickets ...

‘50 companies control Zim money’

Ndaka Majaka THE Reserve Bank of Zimbabwe says it is investigating 50 companies which are manipulating the foreign currency exchange rate. Central bank governor, Dr John Mangudya, said the RBZ was ...

Zim fuel prices up again

Ndaka Majaka Fuel prices have gone up, once again. A collective sigh of relief by Zimbabweans following a two week fuel price stability was cut short on Monday night, as the Zimbabwe Energy Regulatory ...

Air Zim plane released

Ndaka Majaka ZIMBABWE’S flagship carrier, Air Zimbabwe, says its Boeing 767-200 that was grounded over debt by the Airports Company of South Africa (ACSA) has been cleared for take-off. Air ...