Zimbabwe post Davos: open for business, not open to abuse

Zimbabwe post Davos: open for business, not open to abuse

HARARE, (The Source) – In Davos, President Emmerson Mnangagwa broke the ice, in more ways than one. After decades of being frozen out, Zimbabwe is finally getting the ear of foreign investors, or, as Mnangagwa and his senior advisor Chris...
read more
Banking on African infrastructure

Banking on African infrastructure

By Ibrahim Assane Mayaki, JOHANNESBURG – As the US Federal Reserve embarks on the “great unwinding” of the stimulus program it began nearly a decade ago, emerging economies are growing anxious that a stronger dollar will adversely affect their ability...
read more
Bitcoin soars as Zimbabweans brave risks for way out of currency chaos

Bitcoin soars as Zimbabweans brave risks for way out of currency chaos

HARARE, (The Source) – In 2008 at the height of the global economic crisis which followed the collapse of the United States based financial group, Lehman Brothers, a white paper challenging the traditional system of global payments was making rounds...
read more
One stop border project abandoned

One stop border project abandoned

By Own Correspondent . CHIRUNDU border officials have abandoned the one stop border post (OSBP) concept, which was meant to enhance customs clearances and trade facilitation. They have resorted to the old, cumbersome system, eroding the gains that had been...
read more
Zim producers call for relaxation of ban on apple, pear imports

Zim producers call for relaxation of ban on apple, pear imports

Harare – Zimbabwe has banned the importation of fruit and vegetables to save scarce foreign currency in the face of a worsening economic crisis, state media reported on Tuesday. Agriculture Minister Joseph Made told The Herald that President Robert Mugab...
read more
Zim producers call for relaxation of ban on apple, pear imports

Zim producers call for relaxation of ban on apple, pear imports

Memory Mataranyika Harare – Zimbabwean fruit and fresh produce suppliers say the government has to relax the import ban on apples and pears, but have welcomed the immediate ban on other horticultural products such as vegetables and tomatoes. South African...
read more
Inflation rises to 0.78pct in September

Inflation rises to 0.78pct in September

HARARE,  (The Source)- Zimbabwe’s annual inflation for September stood at 0.78 percent after gaining 0.64 percent on the August 2017 rate of 0.14 percent, the statistics agency reported on Monday. Month on month, the inflation rate rose by 0.51 percentage.....
read more
Ecocash suspends International payments

Ecocash suspends International payments

HARARE, (The Source) – Econet Wireless Zimbabwe’s mobile money platform, EcoCash on Wednesday suspended the use of its debit card to pay for international transactions, as the country’s foreign currency shortage intensifies. Local financial institutions ...
read more
SPECIAL REPORT: In Chombo, Mugabe gets his yes-man

SPECIAL REPORT: In Chombo, Mugabe gets his yes-man

HARARE, (The Source) – President Mugabe has always hated it when Finance Ministers had minds of their own. In Ignatius Chombo, Mugabe has his yes-man. By giving control of the economy to Chombo, the poster-boy of corruption, Mugabe has again...
read more
Prospect Resources flags Zimbabwe’s lithium potential

Prospect Resources flags Zimbabwe’s lithium potential

HARARE,(The Source) – Australian-listed junior miner Prospect Resources is considering developing a lithium chemical plant at its Arcadia Lithium project in Harare to extract maximum value. Prospect is a southern Africa focused mining and exploration company...
read more