Business

New notes coming Monday: what is the expected impact?

Ndaka Majaka THE first batch of Zimbabwe’s new two and five-dollar bank notes are set to be issued on Monday next week, the Reserve Bank of Zimbabwe (RBZ) governor has said. RBZ chief, Dr John ...

TelOne launches mobile sim card

FIXED telephone services provider, TelOne, has launched its own mobile sim card, in a move set to provide an affordable and accessible communication platform for its customers. The launch comes at a ...

Power cuts rattle RioZim gold output

Ndaka Majaka LISTED resources firm, RioZim, is experiencing a subdued second half on the back of power cuts, amid indications its gold production went down by over 117 kilogrammes in the first six ...

Zim Imbibers feel economic pinch

Ndaka Majaka ZIMBABWEAN drinkers are feeling the pinch of economic difficulties as they are failing to purchase their beverages of choice, it has emerged. Zimbabwe’s biggest beverage maker, Delta ...

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 ...