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June 2019

Loadshedding Takes A Toll On Hospitals

By |2019-06-24T06:27:21+02:00June 24th, 2019|

The current loadshedding regime has taken a toll on hospitals that are located around the Belgravia area in Harare according to reports in the government-owned Herald.

The area is known for its private hospitals which include:

  • Health Point Hospital,
  • Corporate 24,
  • Diagnostic Imaging Centre,
  • Haemodialysis Centre,
  • Well Women Clinic and […]
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Tongaat Hulett Say The Recommended Retail Price Of Sugar Has Not Changed

By |2019-06-24T04:59:10+02:00June 24th, 2019|

Over the past few weeks we have witnessed an surge in the price of basic commodities. Retailers are constantly adjusting prices on a daily basis usually in order to keep abreast of the black market exchange rate between the RTGS and the USD.

Sugar is one of those basic commodities whose price has been on […]

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Lupane State University Lecturers Join Go Slow

By |2019-06-21T08:53:47+02:00June 21st, 2019|

Earlier we reported that lecturers from Zimbabwe’s two state Universities, MSU and UZ, had given notice that they would be embarking on a go slow to protest their financial incapacitation.

Well, lecturers from Lupane State University, one of the country’s youngest universities have also given notice that they will be joining the go slow.

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Pepsi Zimbabwe Have Increased Production Output By 200%

By |2019-06-21T06:51:20+02:00June 21st, 2019|

With Delta Beverage’s soft drink division feeling the pinch of the biting economic crisis in the country, Pepsi seems a little bit chipper as it now has the largest soft drink market share in Zimbabwe.

Pepsi Zimbabwe, the local unit of Varun Beverages has said that they have significantly increased their production in order to […]

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Starving POSB Workers Write To Employer, Begging For Help

By |2019-06-21T06:51:35+02:00June 21st, 2019|

With each passing day, the economic situation in our beloved Zimbabwe continues to expose more and more people to poverty. Even people who one would assume to be doing well are not being spared.

POSB workers have written to their employer detailing the pain that they are going through due to the erosion of their […]

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Press Release: PROfeeds Stops Making And Supplying Feed

By |2019-06-21T04:58:23+02:00June 21st, 2019|

In a sad development Profeeds a company that has been around since 2007 have announced that they will no longer, with immediate effect be supplying anyone with feed.

In a letter written on 17 June 2019 they, Profeeds blame this measure on economic woes in Zimbabwe which have made it impossible for them to be […]

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Month On Month Inflation Jumps To 98.85%

By |2019-06-18T04:25:18+02:00June 18th, 2019|

In May the month on month inflation rate jumped to 98.85% from 75.86% in April a 22% jump according to the latest figures by ZimStat the government department tasked with coming up with various critical statistics for Zimbabwe.

On a month to month basis prices of goods rose by rose by 12.54% in May […]

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ZESA Answers Burning Questions About Load-shedding

By |2019-06-15T07:13:08+02:00June 15th, 2019|

It has been many weeks since we had a full day with power. Only a lucky few among us are being spared. How is that fair you may ask? Well ZESA was contacted by our good friends at Techzim with these and other burning questions. They responded and we are happy to share some of their answers […]

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Former First Lady Had Over 16 Farms

By |2019-06-15T05:34:40+02:00June 15th, 2019|

You will note that our news updates normally shun political topics. Unfortunately, we cannot let this one go for scholarly reasons. You see before our economy  started going really downhill back in 1999, the economy was driven by two things:

  • Gold exports and
  • Agricultural production and exports

Over the years both sectors have been overrun by corruption. We have politically affiliated […]

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The True Origins Of The RTGS$ And How It Has Lost 150% Of Its Value Since Introduction

By |2019-06-12T07:36:30+02:00June 12th, 2019|

It has only been four months and yet the local currency, RTGS$, has lost about 150% of its value since introduction. It was only in February of this year when the RBZ finally took the bold step of recognising that the RTGS$ basket was not equal to the USD. A fiction the government had stubbornly held onto for years.

The origins […]

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