Latest articles
Electricity is now pegged at 10.6 US cents per unit
ZETDC has announced a new electricity tariff adjustment where a unit of electricity of 1KWhr will now be pegged at 10.63 US cents with effect from today Sunday 15 May 2022. This will be what the tariff will be pegged against the RTGS at the official rate of the day. The statement reads: The Zimbabwe […]
Govt says willing-buyer-willing-seller for forex but it’s more like fortunate-buyer-unwilling-seller
The Zimbabwean government has made it clear that the ZW$ is here to stay. Yes, they know that the local currency is in freefall but they reckon they can turn it around. In trying to do that it appears they are throwing everything at the wall to see what sticks. While we all know that […]
SA EV company Agilitee has brought its electric scooters to Zim
South African-based car manufacturer Agilitee which is set to bring a new range of electric vehicles to Zimbabwe as well as set up an assembly plant, has delivered its first consignment of electric scooters in Harare. The Scooter which is called the Agilitee LoadEx and we took a trip to Agilitee/ZimTorque’s offices in Harare to […]
BYD E6 Review: Enough battery range to get from Harare to BYO?
As we continue with the EV revolution we have another 100% EV from EVCA in the skin of the BYD E6 wagon. This one is a less commercial-looking vehicle compared to the BYD T3 minivan which also means it is nicer inside and out. You can enjoy all the beauty shots in the video below […]
StarFM and E-Sports Zim partner to bring celebrity FIFA22 face-off
E-sports Zim has been busy these past couple of years. Partnerships with EA that allowed Zimbabwean FIFA players to be able to compete in global FIFA tourneys and a SteelSeries collab for gaming peripherals. Recently they have partnered with StarFM, one of Zimbabwe’s biggest radio stations, for a FIFA22 celebrity face-off where Zimbabwean celebrities duel […]
BancABC distances itself from paper analysing the govt’s economic measures. Paper makes good points regardless
The Zimbabwean government did a number on banks, suspending loans that are responsible for a third of their revenues. We know that banks are trying to engage the authorities to see if they can’t find a better solution to the abuse of loan funds by the public. Banks are going about it in a civil […]
Suspension of loans: Bank charges are going up, here’s why
We have been going down the rabbit hole of the new “economic measures” and the most confusing one of them all was the suspension of lending or loans. I say this because Zimbabwe has not been a lending market because of the currency gymnastics that have been a feature of the last decade. One moment […]
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You can win FREE Airtime or a Holiday for two in the Techzim Market Points Promotion. Getting started is really easy, all you need to do is dial *405# USSD and buy airtime. It’s easy as that! How does it work? For every ZWL$200.00 you buy in airtime through our *405# USSD you will earn […]
With lending suspended, banks will be okay but microfinance institutions likely to struggle
Still wild to think the government woke up one day and outlawed the activity that pulls in a third of banks’ revenue. The government suspended all lending in the country and financial institutions are scrambling to engage them with a view to changing their minds. Let’s look at how banks and other financial institutions will […]
POTRAZ shares updates on infrastructure sharing. Econet, NetOne, Telecel sharing towers at over 267 sites
Ah, the infrastructure sharing saga. For a long time, the government through the Postal and Telecommunications Regulatory Authority (POTRAZ) pushed for it but it took many years for any deal to be struck. Econet held up the process but for good reason. When first proposed, infrastructure sharing looked like it would benefit their competitors much […]