Top Stories

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 industry said returns were averaging 30 percent as production had also been cut in […]

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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 using the Zimbabwean Dollar. In a sales bulletin dated October 30, 2019 the airline revealed that holders of foreign passports, embassies, Non-Governmental […]

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Striking Zimbabwe doctors to know their fate on Friday

Disciplinary hearings for striking doctors in Zimbabwe’s public hospitals begin this Friday, a cabinet Minister has said. Briefing journalists in Harare after Cabinet on Tuesday Information Minister Monica Mutsvangwa said doctors who did not comply with the Labour Court judgement directing them to return to work were being served with […]

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Zesa cleans debtors’ book

Ndaka Majaka NATIONAL power utility, Zesa Holdings, says it is moving to clean its debtors’ book and has managed to collect over 15 percent of the ZWL$1,2 billion it was owed by domestic customers. Acting Zesa Holdings Chief Executive Officer, Patrick Chivaura, told ZTN that the power utility was almost […]

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‘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 investigating company accounts, including those which were frozen recently, pointing out that these companies were driving the parallel market […]

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New Zim currency in two weeks’ time

Ndaka Majaka Zimbabwe will in a fortnight introduce a new currency as part of measures to improve money supply, an official has said. Reserve Bank of Zimbabwe Governor Dr John Mangudya announced the plan at a media conference in the capital, Harare, on Tuesday. “The new currency will not be […]

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Zim exams thrown into disarray

PUBLIC examinations in Zimbabwe have been thrown into disarray as teachers, who also act as invigilators, have resolved to report for duty two days a week. Progressive Teacher’s union president Dr Takavafira Zhou told ZTN that teachers can no longer afford bus fare and will only report for duty on […]

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Parly seized with sex slaves case

Leroy Dzenga Zimbabwe’s parliament will institute processes to ensure that about 30 Zimbabwean citizens among a group of women rescued from a brothel in South Africa are brought back home. The South African Police Services recently busted a criminal syndicate where women were being forced into sex work, the majority […]

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Sadc reels as temperatures soar

Leroy Dzenga Weather experts have warned that high temperatures being experienced in the Sadc region are going to get worse. The temperatures are set to reach unprecedented levels in some places from today. Sadc Climate Change Services, in its latest forecast, placed Zimbabwe and eight other countries under a heat […]

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