Gvt reverses data tariff hike as Potraz hits out at MNOs for not taking ownership of proposal

00Gvt reverses data tariff hike as Potraz hits out at MNOs for not taking ownership of proposal HARARE – The Ministry of ICT has directed the immediate suspension of tariff increases that were effected two days ago following a directive from state regulator the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ).  He also called…

Gold deliveries to FPR at 21.4t as small scale sector contribution increases

00Gold deliveries to FPR at 21.4t as small scale sector contribution increases HARARE – Gold deliveries to Fidelity Printers and Refiners closed 2016 at 21.43 tonnes, an increase of nearly 16% from 18.5t in 2015, mainly spurred by a growth in the contribution of small scale miners. Stats from FPR show that the gap between…

World Bank projects 3.8% GDP growth rate for Zimbabwe in 2017

00World Bank projects 3.8% GDP growth rate for Zimbabwe in 2017 HARARE – The World Bank has projected a 3.8% economic growth rate for Zimbabwe in 2017, a figure 1.8 percentage points lower than June projections but more optimistic than the 1.7% the country’s own Government is targeting. According to the World Bank’s Global Economic…

Ecocash partners TransferTo to improve international remittances

00Ecocash partners TransferTo to improve international remittances HARARE – Econet Wireless Zimbabwe subsidiary Ecocash, has partnered with Cross-Border Mobile Payments Network- TransferTo, to expand its cross-border reach for international remittances The partnership means Zimbabweans living and working away from home, can now send money directly to their friends and families’ EcoCash mobile wallets. Econet Wireless…

NGO accuses Britain of being bribes hub in Africa mining deals including Zimbabwe

00NGO accuses Britain of being bribes hub in Africa mining deals including Zimbabwe An international organisation that fights corporate misconduct has raised concern over the failure by United Kingdom authorities to stop corrupt practices in deals between a leading Wall Street hedge fund and top officials in Zimbabwe and the Democratic Republic of Congo (DRC)….

Fidelity forging ahead with Langford Estate development as ZSE drops 0.5%

00Fidelity forging ahead with Langford Estate development as ZSE drops 0.5% HARARE – Fidelity Life Assurance is forging ahead with its Langford Estate housing development project with the company now seeking proposals for detailed civil engineering designs of the residential infrastructure. Fidelity acquired Langford Farm under a $16 million land for debt swap deal with CFI Holdings and the project…

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