At the same time as recognition of the harm caused by alcohol companies and their marketing practices is growing, celebrities are accelerating their alcohol promotions.
Alpha Media Holdings (AMH) group CEO, Kenias Mafukidze told this newspaper two weeks ago that in a rapidly changing and challenging investment landscape, value preservation was a priority.
Local News
By Melody Chikono May. 17, 2024
The situation in the normally liquid Mbare mirrors the struggles confronting Zimbabwe’s economy.
Local News
By Julia Ndlela May. 17, 2024
It is a mammoth capital outlay that IDC, which is now under Mutapa Investment Fund (MIF), may struggle to bankroll.
Local News
By Freeman Makopa May. 17, 2024
Delta presides over several high-end beverages production brands, including the Zimbabwe Stock Exchange listed African Distillers.
Local News
By Shame Makoshori May. 17, 2024
This comes a year after President Emmerson Mnangagwa won a poll against his closest rival Nelson Chamisa — the then leader of the Citizens Coalition for Change (CCC).
Local News
By Tinashe Kairiza May. 17, 2024
Terms of the lucrative deal indicate that Midlen was obligated to pay a 30% deposit, amounting to US$840 000 by April 30.
Local News
By Tinashe Kairiza May. 17, 2024
Introduction of ZiG has sparked consternation on the market, where it is trading at ZiG23 against the greenback on the black market, which is almost double the official rate.
In Zimbabwe, poor performance was underpinned by costs associated with a volatile currency and rampaging inflation.
Local News
By Mthandazo Nyoni May. 17, 2024
We have the knowledge and capacity to manage municipal solid waste in line with modern trends, technologies and practices.
Local News
By Tinashe Kairiza May. 10, 2024
Apart from Harare, other local authorities in Zimbabwe have been battling to come up with a lasting solution to address the eyesore problem of garbage.
Local News
By Tinashe Kairiza May. 10, 2024
The cabinet report highlighted progress made in public projects in the first 100 days of 2024.
Local News
By Staff Reporter May. 10, 2024
This figure represents about half of Zimbabwe’s power requirements.
Local News
By Freeman Makopa May. 10, 2024
It usually results in below-average rainfall in southern Africa, which this year has experienced the worst drought in decades.
Local News
By Mthandazo Nyoni May. 10, 2024
He could not disclose the value of the deal offered to Profca.
This investigation resulted in the suspension of chief operating officer Givemore Chidzidzi and other ZTA executives.
Local News
By Freeman Makopa May. 10, 2024
In his address to staff, Mangudya indicated he would push to drive most of them to profit under his plan to create value.
Local News
By Freeman Makopa May. 10, 2024
The Independent’s calculations based on information received showed operators could be owed about US$24 million for March and April.
Local News
By Tinashe Kairiza May. 10, 2024
Informal traders and some retail outlets are only accepting payments in the US dollar, while government is offering some of its services exclusively in foreign currency.
Local News
By Tinashe Kairiza May. 10, 2024
MN: Do local banks have the capacity to fund the cotton sector?
Local News
By Mthandazo Nyoni May. 10, 2024
According to the report, the prevalence of gender-based violence is high, and incidences of several forms of GBV remain unchanged.
Local News
By Melody Chikono May. 3, 2024
Mukoti stressed that Zimbabwe’s event will leave an indelible mark on the global tourism landscape.
Local News
By Staff Writer May. 3, 2024
This week, the Zimbabwe National Statistics Agency (Zimstat) forecast inflation at 57,5% though US economist Steve Hanke estimates it to be over 1 000%.
Local News
By Staff Writer May. 3, 2024
The conference, slated for June 3-4 in Nyanga, comes at a time the capital markets  have been undergoing significant transformations in the past two decades although challenges remain.
Local News
By Melody Chikono May. 3, 2024
Early child marriages, sexual harassment, and physical violence against women and children are some of the gender-based violence cases prevalent in Zimbabwe.
Local News
By Tafadzwa Mhlanga May. 3, 2024
Dosmain Mangisi, secretary general at JCMZ, told the Independent that plans to form the bank were being discussed.
Local News
By Freeman Makopa May. 3, 2024
Elaine French, Chargé d’Affaires, a.i. at the US embassy in Harare, told the Independent Washington was committed to supporting Zimbabwe.
Local News
By Mthandazo Nyoni May. 3, 2024
Zimbabwe is now into its 24th  straight year of economic upheavals characterised by foreign currency shortages, high inflation and regular changes to the local currency.
Local News
By Freeman Makopa May. 3, 2024
A bigger crisis has been simmering this year, following a brutal drought that has affected water levels at the 1 050 megawatt Kariba south hydroelectric power facility.
Local News
By Freeman Makopa May. 3, 2024
RBZ governor John Mushayavanhu told the Independent that the apex bank cautioned banks to monitor how recipients, who received POS machines, use the electronic gadgets.
Local News
By Freeman Makopa May. 3, 2024
The sources, in separate briefings questioned the “legality” of Harare City Council to continue levying tariffs from residents for a service that it would no longer be providing.
Mushshak is an Urdu (official Pakistan national language) word which translates to proficient.
Local News
By Tinashe Kairiza Apr. 26, 2024
This is after 80% of the 2023/2024 crop was wiped out by high temperatures and low rainfall.
Local News
By Mthandazo Nyoni Apr. 26, 2024
Several suspected illegal foreign currency traders were arrested in Harare’s central business district this week.
Local News
By Tafadzwa Mhlanga Apr. 26, 2024
This month, Zimbabwe redenominated Zimbabwe dollar (ZWL) balances to ZiG, which is backed by gold reserves.
Akili’s concerns were shared by Precious Shumba, director of Harare Residents Trust.
Politburo meetings are traditionally held on Wednesdays, but it had to be moved to a Thursday, a fortnight ago.
Local News
By Tinashe Kairiza Apr. 26, 2024
Having attained his first Medical Degree at the University of Zimbabwe (UZ), Chidziva sought to further his education.
This is an innovation aimed at fostering green industrialisation and consequently affecting trade.
Local News
By Mthandazo Nyoni Apr. 26, 2024
ZSE’s All Share Index has plummeted by 99,95% since April 5, when the gold-backed currency was announced.
Local News
By Julia Ndlela Apr. 26, 2024
This is where some of the money went. But if you want a detailed list, it is available. The list of where the money went is all there, it is very clear.
As such, monthly inflation rates are expected to be well below 1%, while annual inflation is projected to close the year below 5%.
Local News
By Mthandazo Nyoni Apr. 19, 2024
For most part, Zimbabwe is executing these projects from internal resources.
Local News
By Freeman Makopa Apr. 19, 2024
Allan Majuru, chief executive officer at ZimTrade said on Monday the US$1,28 was a significant rise in Harare’s exports to Beijing during the period,
Local News
By Julia Ndlela Apr. 19, 2024
Tourism and Hospitality Industry minister Barbra Rwodzi said she was “out of the country until next week."
Local News
By Tinashe Kairiza Apr. 19, 2024
Mutsvangwa told reporters that an unnamed former Reserve Bank of Zimbabwe (RBZ) governor had struck a deal with the Arabs where Zimbabwe would exchange gold for US dollars.
Local News
By Julia Ndlela Apr. 19, 2024
The ZiG was introduced following the rapid depreciation of the Zimbabwe dollar (ZWL).
Martin Smura board chairman and president for GMH, said at the signing ceremony in Cape Town last week that the benefits of the transaction were broad.
Local News
By Shame Makoshori Apr. 19, 2024
It replaced  the Zimbabwe dollar (ZWL), which had to be decommissioned after depreciating rapidly against the US dollar, complicating an already dire economic situation.
So what were your major highlights during your tenure as CEO of FBC?
Local News
By Faith Zaba Apr. 12, 2024