While we await the day “price review” in Zimbabwe refers to a reduction in prices, ZERA has just announced a fuel prices review. Yes, you guessed it, the prices were reviewed upwards. The Zimbabwe Energy Regulatory Authority (ZERA) is the body responsible for the regulation of energy in Zimbabwe. They are not new to coming… Continue reading ZERA announces October 2021 – Fuel Price Review
Category: Business
If Facebook Shuts Down… Again, How Can Businesses That Advertise On This Platform Protect Their Business And Continue To Advertise
Businesses were shaken and in a state of panic yesterday, Monday 4 October 2021 when Facebook Shutdown. This has made some begin to think of exploring other alternatives that aren’t dependant on the same company. Facebook owns the social networks WhatsApp and Instagram where business also advertise heavily. Whatsapp groups are normally utilised by smaller… Continue reading If Facebook Shuts Down… Again, How Can Businesses That Advertise On This Platform Protect Their Business And Continue To Advertise
ZLHR Intervenes to Protect Uzumba Villagers from Chinese Mine Takeover
The Zimbabwe Lawyers for Human Rights(ZLHR) have come to the rescue of Kaseke Villagers in Uzumba, after their land was awarded to Heijin Mining Company in unclear circumstances. Full Statement from ZLHR below: Information Alert 8 September 2021 ZLHR INTERVENES TO PROTECT VILLAGERS AT RISK OF LOSING LAND TO MINER ZIMBABWE Lawyers for Human Rights… Continue reading ZLHR Intervenes to Protect Uzumba Villagers from Chinese Mine Takeover
Opportunity for African Businesses to be funded (US$10 000)
The Wharton Africa Business Forum is a business forum in the United States that is focused on bringing African businesses value. This time they have set a competition that will help propel African ventures to the next step in their business. The forum is behind the 2021 New Venture Competition (NVC). This competition is a… Continue reading Opportunity for African Businesses to be funded (US$10 000)
Desperate ZUPCO partners NRZ to re-introduce the ’Freedom Train’
The nation is currently facing transport challenges following the banning of ‘Mushika-shika’ pirate taxi’s, which used to provide relief especially to the commuting public in Harare. The government gazetted fines of ZWL$2000 to any individual caught using the pirate taxis, but this has led to serious transport challenges especially on Friday 3 September which saw… Continue reading Desperate ZUPCO partners NRZ to re-introduce the ’Freedom Train’
Breaking: Ordinary Zimbabweans can now buy Forex at Bank Rate, RBZ Announces
Great news for ordinary Zimbabweans. The central bank has announced that it will now allow individuals to be able to purchase small amounts of forex from bureaux de change at the auction rate. These news comes after the nation received close to a million dollars from the IMF. Up to now this privilege was only… Continue reading Breaking: Ordinary Zimbabweans can now buy Forex at Bank Rate, RBZ Announces
“Zimbabwe is CLOSED for business” says the UK government(press statement inside)
Zimbabwe’s President, Emmerson Mnangagwa is known for his infamous phrase, “Zimbabwe is open for business.” Unfortunately, investors do not think so. Although relations with the UK have not been great, they were looking promising. This is because of the compensatory measures being taken to improve relations. One such measure is the compensating of white farmers… Continue reading “Zimbabwe is CLOSED for business” says the UK government(press statement inside)
Poverty stricken Zimbabwe to reach a booming 100t Gold export. Where is the money going?
The coronavirus pandemic devastated and destabilised several country. Zimbabwe was not left out on this phenomenon. The World Bank reported an increase in extreme poverty in Zimbabwe during the pandemic. This would seem like a normal occurrence given the covid-19 imposed economic challenges. However, some would say the math isn’t as simple as that. The… Continue reading Poverty stricken Zimbabwe to reach a booming 100t Gold export. Where is the money going?
Zimbabwe blasted for “xenophobia” after government announcement excluding foreigners in certain economic sub sectors
Twitter users have equated Zimbabwe to South Africa in terms of xenophobia. South Africa has long been known for shunning Zimbabweans and accusing them of taking their jobs. These accusations have often ended in violent acts against Zimbabweans. Now Zimbabwe has been put in the same bracket. The accusation came after an announcement stating that… Continue reading Zimbabwe blasted for “xenophobia” after government announcement excluding foreigners in certain economic sub sectors
This is the best thing you can do for your business: Strive Masiyiwa
Understanding how businesses are valued is a core financial skill for an entrepreneur! By Strive Masiyiwa An entrepreneur who does not know how to value a business reminds me of a guy who works hard all week, then leaves his wallet on a bar table! Two weeks ago, a friend of mine listed his company… Continue reading This is the best thing you can do for your business: Strive Masiyiwa
Zimbabwe’s economic to grow by more than we previously reported: IMF
Good news pertaining to the nation of Zimbabwe seems to be coming from all angles. Recently, the International Monetary Fund (IMF) also shared some positive news about Zimbabwe’s economy. Zimbabwe recorded a bumper harvest this year as a result of good rains. The President made an announcement that this year’s harvest exceeded all others. As… Continue reading Zimbabwe’s economic to grow by more than we previously reported: IMF
RBZ exposes 18 companies that have been abusing the foreign exchange system
The RBZ launched the foreign exchange system on the 23th of June 2020. It is still in function to this day. The system’s main aim is to minimise the impact of foreign exchange rates on businesses. Some businesses were able to minimise losses by up to $5.5 million since they began using the foreign exchange… Continue reading RBZ exposes 18 companies that have been abusing the foreign exchange system
Business Connect brutally exposes conniving Nyaradzo Group
Nyaradzo group seem to have taken a different approach to their marketing. In addition to using socialites to market their services they recently pulled Business Connect into their scheme. Business Connect has a series named “Iconic Men and Women Supplement” series. The series was being leveraged by Nyaradzo Group on their social media platforms. The… Continue reading Business Connect brutally exposes conniving Nyaradzo Group
Zimbabwean Wedding Planner featured on 2021 Forbes 30 under 30 list
Zimbabwe’s infamous wedding planner, Kevin was selected as part of the Forbes 30 under 30 list. The 29 year old Tendai Kevin Zhou, is an all round events planner. He operates under the names VIP Hosting events or just Kevin the Wedding Planner. He provides planning services for a wide range of events from exhibitions,… Continue reading Zimbabwean Wedding Planner featured on 2021 Forbes 30 under 30 list
Jestina Mukoko listed as one of the 50 most influential women in business
Zimbabwean human rights activist, Jestina Mukoko has been list as one of the 50 most influential women in business and boards. The list was published by Women Corporate Directors Network, a member of the Institute of Corporate Directors Zimbabwe. Jestina Mukoko, if you recall, made headlines following her abduction saga in 2008. She is said… Continue reading Jestina Mukoko listed as one of the 50 most influential women in business
Britain’s Strive Masiyiwa becomes the first black billionaire to make the Rich List
The Zimbabwean serial entrepreneur Strive Masiyiwa has once again made history and flown the nations flag high. Over the years we’ve been accustomed to seeing him on the Forbes Billionaires List including this year’s list. However, this year he has become the first black man to be featured on the Rich List. The Rich List… Continue reading Britain’s Strive Masiyiwa becomes the first black billionaire to make the Rich List
The lucrative food industry. An opportunity Africans are missing out on: Strive Masiyiwa
A growing market for our African entrepreneurs or … for someone else __It’s up to us. By Strive Masiyiwa When I was a little boy in the 60s and first learnt to read newspapers, they were always filled with sad and often horrific stories about hunger in India and Bangladesh. It was never about Africa,… Continue reading The lucrative food industry. An opportunity Africans are missing out on: Strive Masiyiwa
Finally some good news from PayPal for Zimbabwean online entrepreneurs
As simple as starting an online business might have sounded to you, no doubt one huge hurdle might have come with the PayPal restrictions placed on Zimbabwe. Receiving money to a Zimbabwean PayPal account was such a challenge. That challenge however, is fortunately now a thing of the past. However, withdrawing of the money still… Continue reading Finally some good news from PayPal for Zimbabwean online entrepreneurs
Zimbabwe to list a bond on local exchange market (first time in 20 years)
Zimbabwe is planning to list a bond on the local exchange market. This move is expected to aid in the raising of funds for work to be done on the Zimbabwe, South Africa highway. South Africa is Zimbabwe’s largest trading partner. As a result, expansion and development of the main highway that links the two… Continue reading Zimbabwe to list a bond on local exchange market (first time in 20 years)
Good news for Small to Medium Enterprises as RBZ approves $500 million loan facility
Christmas seems to have come early for Small to Medium Enterprises. Many such businesses suffered as a result of economic challenges instigated by the Covid-19 situation. In order to help out with that situation, the RBZ has approved a $500 million loan facility. This move by the RBZ was made in a bid to stimulate… Continue reading Good news for Small to Medium Enterprises as RBZ approves $500 million loan facility