BUSINESS NEWS

NatPharm in golden handshake scam

FORMER managing director of the National Pharmaceutical Company (NatPharm), Mrs Flora Sifeku, is set to walk away from the national drug procurer $200 000 richer after the board resolved to give her a...

By Staff reporter | Published: 30 September 2018

BUSINESS NEWS

IMFpraises Zimra systems

A six-member International Monetary Fund (IMF) delegation says the Zimbabwe Revenue Authority (Zimra)'s systems and human capital are up to standard, although there is scope for further improvement.Th...

By Staff reporter | Published: 30 September 2018

BUSINESS NEWS

Zimbabwe's $800m forex reserve gap

Zimbabwe requires a foreign currency cover of US$1 billion, against current reserves of US$200 million and needs to further increase production to narrow the gap, an official has said.Ms Jesimen Chipi...

By Staff reporter | Published: 30 September 2018

POLITICS

Govt talks tough on Air Zimbabwe

GOVERNMENT says the time for parastatals such as Air Zimbabwe to be perennially carrying begging bowls seeking funds from Treasury when they have idle assets, is over.Deputy Minister of Transport and ...

By Staff reporter | Published: 30 September 2018

POLITICS

Zimbabwe road upgrades gather pace

THE modernisation of major roads, particularly the much-talked about Harare-Beitbridge highway, is gathering pace after Government officials met Anhui Foreign Economic Construction Corporation (AFECC)...

By Staff reporter | Published: 30 September 2018

POLITICS

Mnangagwa join hands with white farmers

White farmers in Zimbabwe, under the ambit of the Commercial Farmers Union (CFU), have expressed interest in working with the Government and contributing towards the success of the country's agricultu...

By Staff reporter | Published: 30 September 2018

BUSINESS NEWS

Harare vendors fight back

Police are maintaining a heavy presence in most of the country's cities as authorities fear the worst amid a clampdown on desperate vendors who are now fighting back.In Harare, law enforcers have pepp...

By Staff reporter | Published: 27 September 2018

POLITICS

Chamisa scorns Mnangwgwa's land offer to Trump

Nelson Chamisa the MDC Alliance leader has slammed 'the con-artist styled illegitimate President' Emmerson Mnangagwa following a land offer to US President Donald Trump to build a golf course in Victo...

By Staff reporter | Published: 27 September 2018

POLITICS

'Grace Mugabe owns Wellcash'

Local Government minister July Moyo was yesterday grilled in Parliament over government's engagement of a company owned by former first lady Grace Mugabe as debt collectors in several local authoritie...

By Staff reporter | Published: 27 September 2018

POLITICS

Kagame pleads Mnangagwa's case

AFRICAN Union (AU) chairperson and Rwandan leader, Paul Kagame has made an impassioned plea for the international community to give Zimbabwe's President Emmerson Mnangagwa "a chance" to allow the coun...

By Staff reporter | Published: 27 September 2018

OPINION

Chamisa about to sell out to Mnangagwa?

PRESIDENT Emmerson Mnangagwa's new charm offensive to woo his rival by creating a formal "office of the leader of the opposition" leaves MDC Alliance leader Nelson Chamisa navigating potentially the m...

By Editorial - newsday | Published: 27 September 2018

POLITICS

Mnangagwa gets World Bank support

THE World Bank will support Zimbabwe's economic recovery and international debt clearance efforts, a senior official of the multilateral lender has said. Yesterday, World Bank vice-president for Afric...

By Staff reporter | Published: 27 September 2018

POLITICS

'Mnangagwa crafting laws to accommodate Chamisa'

THE Government is in the process of setting up legal frameworks that allow for the accommodation of the "Office of the leader of the Opposition" as part of building institutions of governance in the S...

By Staff reporter | Published: 27 September 2018

BUSINESS NEWS

Brainworks eyes 2019 ZSE listing

Brainworks Limited is planning a secondary listing on the ZSE by 2019, a move it said is aimed at consolidating its growth strategy. The Mauritius-registered investments holding company made its initi...

By Staff reporter | Published: 27 September 2018

BUSINESS NEWS

Mthuli Ncube sweats over funding

NEWLY-MINTED Finance minister Mthuli Ncube this week set sail for the United States, together with President Emmerson Mnangagwa, for the United Nations General Assembly in New York where he will engag...

By Staff reporter | Published: 21 September 2018

POLITICS

Mnangagwa moves to thwart military threat

IN the aftermath of the recent general elections which gave him some semblance of political legitimacy, albeit a hotly-disputed presidential poll, President Emmerson Mnangagwa is now making bold yet r...

By Staff reporter | Published: 21 September 2018

POLITICS

Chamisa's MDC anniversary celebrations next week

The Nelson Chamisa-led MDC has rescheduled its 19th anniversary celebrations to next week at Gwanzura Stadium after a ban on public gatherings due to a cholera outbreak.Chamisa, last week, called off ...

By Staff reporter | Published: 21 September 2018

POLITICS

Zanu-PF looks to revive business empire

President Emmerson Mnangagwa's ruling Zanu-PF is looking to revive its fallen business empire, crippled by gross mismanagement and corruption.In an interview with the Daily News, the ruling party's ad...

By Staff reporter | Published: 21 September 2018

BUSINESS NEWS

Mthuli Ncube's biggest headache

NEWLY-appointed Finance minister Mthuli Ncube entered the national political scene with a lot of verve, making very ambitious pronouncements, including the scrapping of the bond note, among other loft...

By Zimind Comment | Published: 21 September 2018

BUSINESS NEWS

Zimbabwe Airways scandal sucks in Mugabe,Chikore, Gumbo

THE Zimbabwe Anti-Corruption Commission (Zacc) has launched an investigation into the controversial Zimbabwe Airways (ZimAirways) deal in a probe that has sucked in former president Robert Mugabe's so...

By Staff reporter | Published: 21 September 2018

POLITICS

Chamisa forces Victoria Falls mayor to step down

MDC Alliance leader Nelson Chamisa has ordered Victoria Falls mayor Somvelo Dhlamini to step down and make way for Margaret Varley whose nomination had been rejected by both councillors and residents,...

By Staff reporter | Published: 21 September 2018

POLITICS

12 Zimbabweans face the gallows in China

Twelve Zimbabweans, one man and 11 women face the death sentence in China unless President Emmerson Mnangagwa's government moves with speed to operationalise a prisoners' exchange programme with the A...

By Staff reporter | Published: 21 September 2018

POLITICS

Anxiety as Mnangagwa 'visits' RBZ

PRESIDENT Emmerson Mnangagwa made two surprise visits to the Reserve Bank of Zimbabwe on Tuesday, which generated a lot of anxiety among staff and the public after he spent a combined four hours at th...

By Staff reporter | Published: 21 September 2018

BUSINESS NEWS

Cops, vendors clash

VIOLENCE rocked Harare yesterday as police and vendors fought running battles as informal traders resisted efforts by government and council to remove them from the central business district as part o...

By Staff reporter | Published: 21 September 2018

BUSINESS NEWS

Zesa, TelOne thieves jailed 10 years each

Five Harare men were on Wednesday jailed to 10 years each for stealing Zesa and telecommunication cables in the city.Tawanda Mutekedzi (28), Paul Chisano (22), George Chimbutira (27), Stanley Muvirimi...

By Staff reporter | Published: 21 September 2018
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