Harare (New Ziana) -Econet Wireless Zimbabwe founder and majority shareholder, Strive Masiyiwa has retired from the company’s board, the telecommunications giant announced on Friday. Masiyiwa, 61, has been on Econet’s board since establishing the company in 1993. He was the company’s executive chairman. He will retain his more than 50 percent stake in the Zimbabwe […]
By Sharon Tawuya Harare (New Ziana) – The government reiterated on Thursday that it will not dollarise the economy, brushing off demands from various sectors for it to do so in the face of the weakening local currency. Zimbabwe re-introduced its own currency in 2019 after a decade-long hiatus and put in place a five-year […]
Harare (New Ziana) – Plans for the partial privatisation of the People’s Own Savings Bank (POSB)have been completed, and now await presentation to, and final greenlight from cabinet, a top executive of the bank has said. Government, which now wholly owns the bank, plans to partially privatise POSB as part of its deep overhaul of […]
Harare (New Ziana) – Kuvimba mining house, in which the government has a controlling 65 percent stake, has received Cabinet approval to resuscitate Zisco Steel, once Africa’s largest integrated steelworks. In a statement, Acting Information, Publicity and Broadcasting Services Minister Jorum Gumbo said Kuvimba was chosen after due process was undertaken under the guidance of […]