Economy
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Indians, INNSCOR Targeted as ED Panics over Price Hikes
Indians, INNSCOR Targeted as ED Panics over Price Hikes. He said the Indians will be deported, their goods confiscated and…
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Monetary Policy Backfires as ZWL Shortage Hits Market
Monetary policy backfires as serious shortage of Zimbabwe dollar hits market amid fears the crunch will affect aggregate demand. The…
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Dealers Using Civil Servants’ Rebate Letters to Import Cars
THE Zimbabwe Anti-Corruption Commission and the Zimbabwe Revenue Authority have joined forces to curb the abuse of tax rebates extended…
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Half of Zimbabwe’s Urbanites are Tenants
Zimbabweans continue facing an acute shortage of affordable housing options amid indications that at least half of the country’s urban…
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Shops Agree to Use Official Rate as Commodities Disappear From Shelves
The Reserve Bank of Zimbabwe Financial Intelligence Unit (FIU) said that retailers and manufacturers who were exclusively charging certain goods…
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Basic Grocery Items Disappear From Supermarkets
Basic grocery items disappear from supermarket shelves. Basic grocery items such as cooking oil, soap, fresh milk and sugar, among…
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Retailers Ban Customers From Taking Pics of Commodity Prices
Retailers in Harare are said to be banning customers from taking pictures of commodity prices, with some shoppers even being…
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Zimbabwe Dollar Has Depreciated by 647% in First Half of 2023
According to a recent consumer report by IH Securities, the Zimbabwean dollar has depreciated by 647% this year, which is…
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INNSCOR Singled Out as GoZ Scapegoats Business
President Mnangagwa has singled out diversified conglomerate Innscor for “unjustifiably” raising prices of basic commodities such as bread, which has…
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