The Zimbabwe Independent

Jannie Rossouw Inflation is a process of sustained increases in the general price level over a period of time, typically 12 months. Inflation can be calculated for a country, for specific regions in a country and for different income and demographic groups, for instance pensioners. These different calculations are important because the spending patterns of […]

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Katembenuka, a 34-year-old seasoned teaching professional, who runs the popular Price Golf Range in Emerald Hill on the outskirts of Harare was in fine form as he turned back the years with a fine round at Royal Harare.

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The Zimbabwe Stock Exchange (ZSE)-listed Cafca, said in regulatory filings Friday that it was further affected by a halt in exports to Malawi after struggling to secure an exchange control greenlight for payments.

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The challenges are around sustainability of the new players and the media industry in general. While for the broadcasting sector, it is the issue of securing cutting edge technologies and equipment, recently we saw the print side struggling with procuring the newsprint.

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The group’s cost of production and overhead expenses during the period under review also continued to increase as suppliers and service providers adjusted prices in line with the devaluing local currency.

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Many teachers in public schools were left exasperated when their bank accounts reflected insignificant amounts on their payday early this week. Government teachers are getting an average of ZW$35 000 which fetches about US$81 on the foreign currency parallel market.

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In an interview, Ministry of Local Government and Public Works Director for Special Planning Honesty Magaya said the government remains bullish on the bus company’s prospects and will continue enhancing its operational capacity and quality of service.

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"Zimbabwe sells diamonds to Israel through the standard Minerals Marketing Corporation of Zimbabwe (MMCZ) procedure that has been in place for years. In addition, we are promoting construction of an advanced diamond cutting and polishing plant with the help of Israeli technology and knowledge.

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This is not the first time flights in and out of the Joshua Mqabuko Nkomo Airport have been delayed, suspended or re-routed after two aircraft were unable to land at the airport because airport guidance systems failed in December last year.

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Local Government and Public Works secretary Zvinechimwe Churu last night confirmed that the tender was not done according to tender requirements but said it was due to price changes.

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In life the company you keep can more or less reveal your character. Whenever my father wanted to dissuade one of my young brothers from hanging out with certain friends he would say, “show me your friends and I will tell you your character”.

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The potential uses of NFTs are vast and varied. Here we explore some of the ways different departments within a company could make use of them. Visit https://nft-profit.app/ for further information. Human Resources: NFTs could be used to securely store employee records and documents, as well as to track employee performance and development over time. […]

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This follows a visit by an ILO team from April 25-29 drawn from Switzerland and South Africa to check on the compliance of conventions ratified by the country and its alignment with domestic laws.

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The mining consortium was granted mining rights in the middle of Bredenkamp's 1 500ha Thetford Estate in Mazowe in February 2020, while Gavin Bredenkamp was allocated the farm in the same year, following the death of his father.

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Foreign Affairs and International Trade ministry chief director Raphael Faranisi said Zimbabwe will not be involved in the conflict while responding to calls by European Union (EU) envoy to Zimbabwe Timo Olkkonen for the government to condemn Russia over the Ukraine war.

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CZI president Kurai Matsheza in a speech read on his behalf at the launch of the 2021 manufacturing sector survey on Wednesday said the Zimbabwean dollar was overvalued.

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Kuvimba Mining House, which until 2020 did not exist, has emerged to be arguably the country’s largest gold producer after embarking on an acquisition spree of lucrative gold assets around the country, including Shamva Mine, Freda Rebecca, and mines held by Zimbabwe Mining Development Corporation (ZMDC) namely Elvington, Jena, Golden Kopje, and Sandawana.

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TIZ executive director Tafadzwa Chikumbu said: “The rising levels of public sector corruption should worry everybody given the centrality of the public sector in guaranteeing citizens social, political and economic rights.

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Miners claim that the fundamentals are not yet right for the ban on chrome fines, considering the experiences of the current ban on raw chrome exports, which has seen some Chinese smelters colluding to set prices that disadvantage chrome miners.

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In the past, the RBZ has been battling with mobile money transfer companies, like Ecocash, accusing them of fuelling the parallel market. The focus has now shifted to banks, which are now accused of being involved in shady currency dealings at the expense of economic stability.

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