Financial Hotwire

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SA Rand tumbles after Tsvangirai ’s withdrawal

By Robert Tshuma-Financial Editor ⋅ June 23, 2008 ⋅ 13 comments

South Africa’s rand fell against the dollar after Morgan Tsvangirai pulled out of this week’s presidential runoff election, raising concern political instability in the region will increase.

Developing:Reserve Bank looted

By Investigations Unit ⋅ June 19, 2008 ⋅ 10 comments

Reserve Bank governor Gideon Gono and Zimbabwean stockbroker Mohamed Mohamed are working around the clock to loot billions of dollars in foreign exchange, which they cash in before midnight every day, store and transport to Dubai every two weeks.
Mohamed travels with cash every second Tuesday to Dubai where he wires it through to bank accounts [...]

UK considers full blown sanctions

By Robert Tshuma-Financial Editor ⋅ June 2, 2008 ⋅ 14 comments

A British Member of European Parliament has called for tougher sanctions to be imposed on Zimbabwe after out going president, Robert Mugabe, arrived in Europe for a global food summit.

The Financial Gazette Website hacked

By Robert Tshuma-Financial Editor ⋅ May 14, 2008 ⋅ 14 comments

They have pounced again,hackers descended on the weekly The Financial Gazette website. Replacing some of its content with ‘Mugabe must go’ and ‘free Zim’.

African Union double observers for Run-off

By Gerald Harper ⋅ May 14, 2008 ⋅ 3 comments

The African Union plans to increase the number of election observers it will deploy to Zimbabwe to monitor the yet-to-be announced presidential run-off, its executive chief said on Tuesday.
“In the first round of elections, we had 18 observers. We will increase them minimally by more than 50 and maybe go towards 100,” said Jean [...]

$250 million note for Zimbabwe

By Robert Tshuma-Financial Editor ⋅ May 6, 2008 ⋅ 5 comments

In a sign of the growing worthlessness of Zimbabwe’s currency, the Reserve Bank of Zimbabwe Tuesday introduced two new banknotes - a 100 million Zimbabwe dollar note and a 250 million Zimbabwe dollar note.
The launch of the new notes, which was announced on ZBC television Monday night, comes barely a month after the Reserve Bank [...]

Gold production plunges 61 percent

By Robert Tshuma-Financial Editor ⋅ April 29, 2008 ⋅ One comment

Zimbabwe’s gold production plunged by 61 percent to 295.57 kilogrammes (652 pounds) in March compared to February because wages are being held back, a mining association said on Tuesday.

Mugabe Victory to Worsen Economic Meltdown

By Robert Tshuma-Financial Editor ⋅ March 28, 2008 ⋅ 3 comments

Mayhem in business in the event of a victory by incumbent President Robert Mugabe in tomorrow’s election looks almost certain with the economy already showing signs of further meltdown.

Roll back prices to March 18,businesses told

By Staff ⋅ March 25, 2008 ⋅ 3 comments

The government on Tuesday ordered business to roll back prices to March 18 levels or risk having their companies seized by the state.

Current Openings at Metro

By Raymond Mhaka ⋅ March 11, 2008 ⋅ Post a comment

Current Openings at Metro
zimbabwemetro.com
* Staff Writer (must be based in Harare,Zimbabwe)
* Video Producer
* Special Projects Assistant
* Designer
* Weekend Editor
* Web Producer
Zimbabwe Metro(All vacancies based in Maun,Botswana)
* Office [...]

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