News & Offers

Oct
07
  “This is economics, pure and simple economics,” BNEF’s lead advanced-transportation analyst Colin McKerracher said before forecasts were published on Thursday. “Lithium-ion battery prices are going to come down sooner and faster than most other people expect. The forecast is BNEF’s most bullish to date and is more aggressive than projections made by the International Energy Agency. There's around 90 gigawatt hours of EV lithium-... + read more
Oct
06
This week, the Broadcasting Authority of Zimbabwe approached the High Court again seeking to stop Kwese TV from broadcasting again. So that’s why Kwese TV had suspended operations for 2 weeks. Obert Muganyura, the BAZ CEO, has again approached the High Court to challenge their decision. “In addition, the honorable court on page three of this judgment, states that the first applicant can be compensated if the respondent is operating outside the... + read more
Oct
06
Zimbabwe government has run up a cumulative budget deficit of more than $3 billion since 2014, funded through local borrowings which have fuelled inflation and compounded a foreign currency crisis, official figures show. Analysts have blamed the country’s resurgent inflation on unrestrained government spending, which is mostly consumptive. Ballooning government expenditure, mainly wages funded through the issuance of Treasury bills to banks, has resulted... + read more
Oct
06
Almost every bank has a mobile money service that you can access via your mobile phone’s USSD just like EcoCash and Telecash. The first is that you can transfer as much as $10,000 to almost any bank account in Zimbabwe for just a flat fee of about $1 The second reason is that all transfers go through instantly so no more waiting days for RTGSs to go through. You can use the service for other things as well like buying airtime and paying bills. Kind of the same same way... + read more
Sep
24
ZIMBABWE this week experienced widespread fuel shortages, which threatened to push the country down a slippery slope to levels reminiscent of a pre-dollarisation crisis that ruined the economy and forced government to ditch the defenceless local currency in 2009. This was despite the central bank claiming it had increased foreign currency allocation for fuel imports from $7 million to $10 million weekly. Most fuel stations in the capital ran out of either diesel or petrol since last week, an... + read more

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