Government transport operator ZUPCO’s Masvingo depot is currently engaged in a retrenchment exercise as contractors continue to pull out of the franchise, it has emerged. The company which had enjoyed…
Category: Business
Zimbabwe central bank raises policy rate to 200%
Reserve Bank of Zimbabwe The Reserve Bank of Zimbabwe ordered a 12,000 basis point increase in the policy rate on June 27, taking it to 200%. The RBZ’s monetary policy…
Qatar, Airlink deal set to bring improved access to SA's regional centres
Qatar Airways and Airlink have signed an agreement that is set to bring improved access to destinations such as Ggeberha (Port Elizabeth) Hoedspruit, Skukuza and George as well as to…
Commonwealth snubs Zim
Zimbabwe’s bid to be re-admitted into the Commonwealth group of nations appears to have flopped after the economic bloc snubbed the Southern African country. The Commonwealth Heads of Governments Meeting…