Zimbabwean businesses now have to grapple with erratic electricity supply on top of everything else. According to ZESA low water levels at Kariba have made it necessary to introduce load shedding. Businesses such as mines rely on electricity for most of their operations.
According to the new Energy Minister, Fortune Chasi, all mining businesses have to do to get guaranteed supplies […]
With prices changing on a daily basis, we all know how difficult planning has been. It has been different for most businesses in our economy. Insurance and assurance companies have been hard hit by rising inflation. Zimnat is now the latest company to introduce a US dollar based plan. USD are relatively stable in value compared to our volatile RTGS […]
The black market rates for USD and an increase in grain prices are likely to result in meat shortages in Zimbabwe in the near future. The Zimbabwean government decided to remove subsdies for wheat, maize, soya and other grains recently.
This has had an understandable seismic impact on the price of mealie-meal and bread. Brad which used to sell for $1.80 […]
Ecocash have doubled their send money limit from $500 RTGS to $1 000 RTGS. With prices of goods skyrocketing on a daily basis this move makes sense. In fact I feel they should have raised the limit to $5 000 RTGS.
Ever since we had a cash crisis we have had to rely on Ecocash. The problem nowadays is that for […]
Ecocash, a subsidiary of Cassava Smartech Zimbabwe Limited, has issued a statement to the public warning them to be aware of and avoid fraudulent investment schemes. There has been an increase in a number of scams on social media platforms such as WhatsApp where people are being asked to invest via Ecocash and promised unrealistic returns which never materialize.
WARNING!! Fraudulent […]
