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The Zimbabwe Gazette Daily News Online

Thursday
Sep 04th


Last Updated: August 15, 2008, 1:24 pm  ET

   
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Business
Zim dollar hits record lows

By Tawona Jonhera, on December 08 2007 13:50

Favoured : 19

The Zimbabwe dollar plummeted to a record $ 4 million to the United States dollar yesterday as cash shortages to ravage the country while fuel prices rose to unprecedented levels.

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Zimbabwe mining sector crumbles

By Talent Tsatsa, on December 06 2007 16:08

Favoured : 23


Zimbabwe’s mining sector has gone to the dogs. The mining industry used to be the country’s largest foreign currency-earner but it has been reeling in multiple quagmires since foreign investors abandoned their mineral claims due to the massively insecure political environment in the country.
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Business Slams Finance Minister Over Budget

By Lee Shungu, on December 05 2007 20:27

Favoured : 20


Though the Minister of Finance, Dr Samuel Mumbengegwi last week presented the 2008 national budget dubbed “The People’s Budget”, business and analysts cite the budget was a non-event as the Minister's 'briefcase was empty'.
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Mobile Phone Tariffs Go Up

By Lee Shungu, on November 28 2007 13:24

Favoured : 33


Mobile phone operators have hiked tariffs by more than 200 percent on the back of the Zimbabwean consumer's ever-eroded spending power. 

Fixed telephone operators are also poised to announce new tariffs.


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'Philip Chiyangwa Fears For His Life'

By Chief Editor, on November 23 2007 13:13

Favoured : 26


Zimbabwean maverick business tycoon, Philip Chiyangwa has expressed fear for his life following recent encounters with state security agents and has since resorted to keeping a low profile. 


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Zim Urban Dwellers 'Shun' Rural Areas

By Chief Editor, on November 23 2007 13:05

Favoured : 27


Ever-increasing transport costs coupled with escalating food and fuel prices has forced many Zimbabwean urban dwellers to avoid visiting their respective rural homes 'kumusha' especially during this festive season holidays.


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Cash Crisis Reaches Alarming Levels

By Chief Editor, on November 23 2007 12:41

Favoured : 23

The current cash shortages have reached alarming levels in which a lot of banks cite they hardly have any money prompting a lot of people to wait for the whole day in long queues in anticipation of making withdrawals.

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