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Business news, analysis and commentary from Zimbabwe: newzwire.live

30 Followers  |  14 Following  |  9 Posts  |  Joined: 25.11.2024  |  1.3456

Latest posts by newzwire.bsky.social on Bluesky


A newly released survey of businesses by Zimstat from Q3 2024, shows the negative sentiment across the retail sector.

· Over half (51%) of surveyed retailers said their stock levels were ‘below normal’
· When asked about their financial situation, 62.4% described it as ‘bad’

28.01.2025 04:57 — 👍 0    🔁 0    💬 0    📌 0
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SADC chairman, President Emmerson Mnangagwa, reacts to the ‘cowardly attacks’ that killed SADC peacekeepers in Eastern DRC:

“Those responsible for the situation should be held accountable.”

28.01.2025 04:54 — 👍 1    🔁 0    💬 0    📌 0
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Mthuli seeks to downplay multinational exits: ‘Our own people are stepping up’ - newZWire As some multinationals head for the exits in Zimbabwe, Mthuli Ncube says the country is not short of locals ready to take over

As some multinationals head for the exits, Finance Minister Mthuli Ncube is trying to put a spin on it: Zimbabwe, he says, is not short of locals ready to take over.

newzwire.live/mthuli-seeks...

27.01.2025 13:17 — 👍 1    🔁 0    💬 0    📌 0
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The Chris Kabwato Column | Zimbabwe: A nation trapped between intellectually empty rulers and a confused society - newZWire Recently, someone posed a question on social media that had some nerds, and the usual frivolous brigade, jumping in to respond. The post said: plutocracy – rule by the wealthy kleptocracy – rule by co...

“Whatever political change will happen in Zimbabwe in the future will not be enough to turn the country around if it is not accompanied by an intense and progressive cultural struggle.”

The country, Chris Kabwato writes, is in a cultural decay

newzwire.live/the-chris-ka...

27.01.2025 13:17 — 👍 1    🔁 0    💬 0    📌 0
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It's SWAPO vs SWAPO vs SWAPO: Meet the candidates in the Namibian election - newZWire In Namibia's national elections, the main fight features three candidates with ties to the ruling SWAPO. Meet the candidates

It’s SWAPO vs SWAPO vs SWAPO

As Namibias vote today, the main fight is between three candidates with ties to the ruling party, SWAPO.

Meet the main candidates in the election.

newzwire.live/its-swapo-vs...

27.11.2024 17:37 — 👍 0    🔁 0    💬 0    📌 0
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Standard Chartered is to exit part of its operations in Zambia, Botswana and Uganda: Why big banks are pulling back in Africa - newZWire The Standard Chartered Group is considering selling its wealth and retail banking operations in Botswana, Uganda and Zambia. This is part of a continuing global restructuring that has seen it leave Zi...

The Standard Chartered Group is considering selling its wealth and retail banking operations in Botswana, Uganda and Zambia.

Many large international banks are paring down their presence in Africa. Here’s why

newzwire.live/standard-cha...

27.11.2024 17:36 — 👍 0    🔁 0    💬 0    📌 0
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ED tells creditors: Zimbabwe needs a debt clearance deal to access long-term infrastructure funding - newZWire ED tells creditors: Zimbabwe needs a debt deal to access long-term infrastructure funding and ease reliance on the budget

Zimbabwe needs a debt deal to access long-term funding for infrastructure, which it has been paying for using local resources, President Emmerson Mnangagwa has told creditors.

Zimbabwe has had to use the budget to fund infrastructure, which has stoked inflation.

newzwire.live/ed-tells-cre...

25.11.2024 17:16 — 👍 1    🔁 0    💬 0    📌 0
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Bitumen World CEO on his firm's 'inevitable expansion' into the region - newZWire After finding success in Zimbabwe, Bitumen World, one of the country’s largest civil engineering companies, is expanding into the region

After finding success in Zimbabwe, Bitumen World, one of the country’s largest civil engineering companies, is expanding into the region.

CEO and founder Andre Zietsman says the company is now looking beyond the borders, setting up the Inter-Africa Civils (IAC) group.

newzwire.live/bitumen-worl...

25.11.2024 17:15 — 👍 0    🔁 0    💬 0    📌 0
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25.11.2024 17:11 — 👍 1    🔁 0    💬 0    📌 0

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