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Business Archives – Page 2 of 6 – Provoker Magazine
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Delta Partners With Sables Rugby Team To Launch New Lager

Delta Beverages a new lager called ā€œSable Lagerā€ and it has been labelled a smooth and easy drinking beer. Sable Lager joins a range of other lagers made the brewing giant like Castle Lite, Carling Black and Blue Label, Castle, Lion, Bohlingers, Castle Draught and the famous Zambezi lager. The launch also marks the beginning… Continue reading Delta Partners With Sables Rugby Team To Launch New Lager

Tagwirei Takes Over Rufaro Stadium?

Sakunda Holdings founded by Kudakwashe Tagwirei has sealed a deal with the Harare City Council for the long term lease of Rufaro Stadium. Rufaro Stadium was red-flagged by the ZIFA First Insurance Board in 2020 as it was no longer fit for use. Refurbishing the sports stadium to international standards is the core reason for… Continue reading Tagwirei Takes Over Rufaro Stadium?

Strive Masiyiwa Leaves Econet, The Company He Founded

Econet Wireless has announced that founder and billionaire Strive Masiyiwa has stepped down from the board. Strive has served on the board since the founding of Econet although he has not been based in Zimbabwe for many years. The statement released by Econet was not clear as to why Strive Masiyiwa is stepping down. Recently… Continue reading Strive Masiyiwa Leaves Econet, The Company He Founded

Zimbabwe To Dollarise By June

Economist Gift Mugano has predicted that Zimbabwe may dollarize by June. Gift Mugano is a leading economist and executive director at Africa Economic Development Strategies. He spoke as Reserve Bank of Zimbabwe governor John Mangudya told the Confederation of Zimbabwe Industries that Zimbabwe would be using its currency as the main medium of exchange by… Continue reading Zimbabwe To Dollarise By June

Is 10ngah A Legit Business Or A Scam?

A lot can go wrong when you are unable to physically inspect a product youā€™re purchasing online before you make the payment. A Facebook user identified as Shamie Fox learnt this the hard way when she decided to make a purchase on 10ngah.com. 10ngah.com is an online platform that is accessible to Zimbabwean buyers and… Continue reading Is 10ngah A Legit Business Or A Scam?

Is Zimbabwe Over-Relying On Foreign Investment?

Invictus Energy, an Australian firm is set to start drilling the first wells in the Muzarabani prospect in search for oil and gas. The drilling project starts in June and the firm has signed a drilling contract with British firm Cluff Energy and a drilling rig contract with Exalo. Invictus also signed a petroleum exploration… Continue reading Is Zimbabwe Over-Relying On Foreign Investment?

More trouble for commuters as ZUPCO hikes fares again

The Zimbabwe United Passenger Company (ZUPCO) has once again hiked fares for its urban routes. ZUPCO just like many other companies as well as State institutions are pegging their fares to the United States Dollar parallel market rate. The new fares come into effect on the 16th of February 2022. The fare hike is likely… Continue reading More trouble for commuters as ZUPCO hikes fares again

ZimStats Reveals Zimbabweā€™s Population Is Nearly 17 Million. The Majority Are Women

Registers and records have always been an effective way to keep track of numbers. From schools to workplaces and even supermarkets, records show the state of things and solutions are created based on the information. The national census is an exercise where population is systematically counted and additional information (like age, race, occupation etc) is… Continue reading ZimStats Reveals Zimbabweā€™s Population Is Nearly 17 Million. The Majority Are Women

Mthuli Dangles Perks For Teachers And Civil Servants, But Is It Enough?

Following the teachers and headmasters strike Professor Mthuli Ncube (Minister of Finance) has announced new conditions of service for teachers and civil servants on his Twitter page. These additional measures have been put in place to try salvage the economic crisis facing the nation as well as the under performing Zimbabwean dollar which keeps losing… Continue reading Mthuli Dangles Perks For Teachers And Civil Servants, But Is It Enough?

Good News For Car Importers As 50% Duty Now Payable In Zimbabwean Dollar

Illegal money changers pose while exchanging a new Zimbabwe bond note (L) and U.S. dollar notes in the capital Harare, Zimbabwe, November 28, 2016. REUTERS/Philimon Bulawayo

Proffesor Mthuli Ncube (Finance and Economic Development Minister) recently brought relief to local vehicle importers, mining entities and other exporters when he announced the new tax payment measures. The measures are expected to boost domestic use of local currency. Prof Ncube said all mining royalties are now payable in Zimbabwe dollars up to a limit… Continue reading Good News For Car Importers As 50% Duty Now Payable In Zimbabwean Dollar

New Monetary Policy: Tell Tale Signs That The Zimbabwean Economy Is In Shambles? (breaking down Monetary Policy 2022)

Zim economy The current state of the Zimbabwean economy is no secret. From an almost inexplicable 1:1 bond note to USD exchange rate to 200:1 +, this is just one of the tell tale signs of an unstable economy. A couple of moves have been made by the government and looking back, its now adding… Continue reading New Monetary Policy: Tell Tale Signs That The Zimbabwean Economy Is In Shambles? (breaking down Monetary Policy 2022)

SA Construction Firms Selling Houses Using “maRounds”. Zimbabwe Must Definitely Copy This.

Home ownership is just a dream for many Zimbabweans. In recent years the dream has slipped further away from the grasp of many as costs like acquiring land and building go higher by the year. OGatsheni Architectural and Engineering has made owning property a little easier for South Africans with their Property Lifestyle Stokvel. Stokvel… Continue reading SA Construction Firms Selling Houses Using “maRounds”. Zimbabwe Must Definitely Copy This.

South Africa Based Zimbabwean Uses Ice Cream To Challenge Cultural Norms

Itā€™s always satisfying to come across Zimbabweans doing great things and effecting change in foreign lands. Tapiwa Guzha, the Zimbabwean scientist/ice cream whizz, is no exception. Tapiwa Guzha is one of the many Zimbabweans that have ventured beyond our borders seeking greener pastures. He moved to South Africa at the age of 18 to further… Continue reading South Africa Based Zimbabwean Uses Ice Cream To Challenge Cultural Norms

Zimbabwe Women’s Microfinance Bank employee abuses wrong woman on WhatsApp: ā€˜Mari yeBank mwana we mukwasha hairare panzeā€™

Barely days after celebrating customer service week, are Zimbabwean corporates back to their usual ways? An employee at Zimbabwe Women’s Microfinance Bank has caught the public eye after abusing a woman on WhatsApp over a loan, but here is the catch, it was the wrong woman. The aggrieved woman(Ennet Masora) took to Facebook to narrate… Continue reading Zimbabwe Women’s Microfinance Bank employee abuses wrong woman on WhatsApp: ā€˜Mari yeBank mwana we mukwasha hairare panzeā€™

New ZUPCO Tariffs – October 2021

The Zimbabwe United Passenger Company (ZUPCO) seems to have done what everyone else seems to be doing, that is, reviewing their prices upwards. ZUPCO prices were last reviewed in July 2021. In comparison to the prices for transport such as mushika shika’s and other private modes of transportation, the ZUPCO was better priced. However, due… Continue reading New ZUPCO Tariffs – October 2021

Zimbabwean Currency On The Verge of Collapse

Illegal money changers pose while exchanging a new Zimbabwe bond note (L) and U.S. dollar notes in the capital Harare, Zimbabwe, November 28, 2016. REUTERS/Philimon Bulawayo

Zimbabwe’s economy is being driven by two main currencies, the US dollar and the Bond Note. However, the bond note is reportedly not even a currency to begin with. It is just “for ease of change” as explained by a minister. Maybe, that’s where our problem begins. The Confederation of Zimbabwe Industries (CZI) stated that… Continue reading Zimbabwean Currency On The Verge of Collapse

Chinese Embassy Orders Zimbabwean Government To Investigate Mine Blast That Killed 6 Chinese

Caption here (Vimbai Beritah Chinembiri, GPJ Zimbabwe)

On Thursday 7 October 2021, 6 Chinese managers and 1 local perished following a blast caused by an oxygen cylinder that burst. Now they are demanding answers from the Zimbabwean government. The unfortunate incident took place at SAS Mine in Mazoe. An oxygen cylinder is said to have burst and threw the disembodied victims 200… Continue reading Chinese Embassy Orders Zimbabwean Government To Investigate Mine Blast That Killed 6 Chinese

Mukuru Robbed. Bad Security Systems Or Insider Information?

Another robbery took place at a Mukuru Branch and the armed robbers got away with US$10 000+. As it is the second robbery of its kind at Mukuru, this begs the question, is this a matter of bad security systems or insider information? Crime in Zimbabwe is becoming more violent and daring but not as… Continue reading Mukuru Robbed. Bad Security Systems Or Insider Information?

Here’s Why Most Zimbabwean Brands Should Not Be Celebrating Customer Service Week

Customer is King! The whole world seems to agree hence the international celebration of customer service week which is now upon us. However, if you see some of the companies in Zimbabwe celebrating Customer Service Week, you’ll probably laugh with me! Customer service week is meant to celebrate the hard working employees that serve and… Continue reading Here’s Why Most Zimbabwean Brands Should Not Be Celebrating Customer Service Week

UN to review illegal sanctions on Zimbabwe

Zimbabwe has been fighting sanctions placed on it by the West for long. Different methods of dealing with sanctions have been brought up. President Mnangagwa previously issued a detailed statement on how Zimbabwe is to go forward as a nation despite the sanctions. However, the removal of sanctions will aid significantly in the development of… Continue reading UN to review illegal sanctions on Zimbabwe


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