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Fuel Now Constitutes 56% of Vehicle Operating Costs in Zimbabwe

Harare - Fuel now constitutes 56% of a vehicle’s operating costs in Zimbabwe, an industry report has confirmed. This development comes as the Zimbabwe...

Sudan Telecommunications Blackout Sparks Humanitarian Crisis

On Monday, the United Nations' top relief official issued a plea to end telecommunications blackouts in Sudan, citing their severe impact on accessing essential...
Zim Scraps Bond Notes

Zimbabwe Scraps Bond Note, U.S. Dollar Peg

HARARE- Zimbabwe on Wednesday abandoned a peg that was supposed to ensure its quasi-currency bond note would trade at parity with the U.S. dollar, Central...

Anglo Platinum Signs a Five-Year Above-Inflation Wage Deal With Unions

JSE-listed Anglo American Platinum (Amplats) has signed a five-year wage agreement with some of the biggest labour unions in South Africa. The wage agreement, which will...

Zim’s 2020 National Budget Sheds US$128 million in 25 days

Harare – As the value of Zimbabwe’s currency continues to tumble against major currencies, the country’s ZWL$63.6 billion national budget for 2020 has shrunk...