BUSINESS NEWS

Local content threshold set at 80%

GOVERNMENT's much awaited Local Content Strategy (LCS) which was approved by Cabinet on Tuesday has set an 80 percent minimum threshold for all products. This strategy forms part of interventions whic...

By Staff reporter | Published: 13 June 2019

POLITICS

Mutodi sued over RTGS$40 000 debt

INFORMATION ministry deputy minister, Energy Mutodi's struggling company National Housing Development Trust (NHDT), risks having its bank accounts garnished after failing to settle a RTGS$40 000 debt ...

By Staff reporter | Published: 13 June 2019

POLITICS

Chamisa to fire political army generals

MDC leader Nelson Chamisa, has warned he will fire senior military and security officers who have meddled in the country's politics.Chamisa said this on Wednesday, while addressing party supporters ga...

By Staff reporter | Published: 13 June 2019

POLITICS

Zimbabwe police buy 4 000 AKs, sniper rifles

POLICE have acquired an assortment of weapons - including 3 343 AK-47 assault rifles and about 600 sniper rifles - as they prepare to quell looming street protests against President Emmerson Mnangagwa...

By Staff reporter | Published: 13 June 2019

BUSINESS NEWS

Bread shortages loom

A bread shortage is looming after local millers ran out of wheat due to foreign currency shortages to import the cereal. The country has been facing challenges in wheat availability of late in spite o...

By Staff reporter | Published: 13 June 2019

OPINION

Mnangagwa borrowing bad law from Apartheid South Africa's statutes

Recently, the government of Zimbabwe, through the Minister of Home Affairs, introduced the Maintenance of Peace and Order Bill to Parliament (MOPA). This Bill, that will replace the reviled Public Ord...

By Douglas Togaraseyi Mwonzora | Published: 12 June 2019

BUSINESS NEWS

RTGS dollar plunges by 140%

ZIMBABWE'S local currency, the Real Time Gross Settlement (RTGS) dollar, has plunged by 140% to trade at US$1:ZWL$6 on the official interbank market, nearly four months after its introduction in Febru...

By Staff reporter | Published: 12 June 2019

BUSINESS NEWS

AfDB boost for Mthuli Ncube

FINANCE and Economic Development Minister Professor Mthuli Ncube has said the African Development Bank (AfDB) board has endorsed Zimbabwe's reform agenda under the Transitional Stabilisation Programme...

By Staff reporter | Published: 12 June 2019

POLITICS

Death stalks Tsvangirai family

AS ZIMBABWEANS across the political divide continue to mourn the death of MP for Glen View South, Vimbayi  Tsvangirai Java - many have been left wondering why the family of the late much-loved fo...

By Staff reporter | Published: 12 June 2019

BUSINESS NEWS

Zimra alerts buying public

THE Zimbabwe Revenue Authority (Zimra) is advising members of the public to demand receipts from retailers and service providers that indicate the currency they would have used in effecting payments.Z...

By Staff reporter | Published: 12 June 2019

POLITICS

Mnangagwa consolidates power, boots out Chiwenga ally

PRESIDENT Emmerson Mnangagwa yesterday tweaked his political bureau by axing Zanu-PF national commissar Engelbert Rugeje and replacing him with a trusted lieutenant - Victor Matemadanda.The surprise c...

By Staff reporter | Published: 11 June 2019

EDUCATION

Record number of chartered secretaries graduate

A record number of students graduated as chartered secretaries on Saturday (June 8) at an historic graduation ceremony at which the first students from a joint Great Zimbabwe University and Institute ...

By Staff reporter | Published: 11 June 2019

OPINION

Zimbabwe need food not guns

GOVERNMENT'S recent purchase of weaponry as reported in media circles has shown that President Emmerson Mnangagwa's administration is gearing itself for a brutal confrontation with defenceless Zimbab...

By Harry Peter Wilson | Published: 11 June 2019

POLITICS

Mnangagwa, Chamisa feel the heat

CHURCHES are intensifying their push for dialogue between President Emmerson Mnangagwa and opposition leader Nelson Chamisa, in a bid to de-escalate political tensions in the country and to get the tw...

By Staff reporter | Published: 11 June 2019

POLITICS

Chamisa in a fix over Bulawayo resistance

MDC president Nelson Chamisa might be in a fix on how to deal with unrelenting pockets of resistance in his party's Bulawayo structures. This comes after the party was once again caught up in violent ...

By Staff reporter | Published: 11 June 2019

POLITICS

Chinamasa appointment to Air Zimbabwe board 'dubious'

President Emmerson Mnangagwa has named former finance minister Patrick Chinamasa as the new chairman of the Air Zimbabwe board - but the validity of the appointment was immediately thrown into questio...

By Staff reporter | Published: 11 June 2019

POLITICS

Mnangagwa elbows out Rugeje

PRESIDENT Emmerson Mnangagwa has pushed out Lieutenant-General Engelbert Rugeje (retired) as Zanu-PF political commissar, replacing him with loyalist and long-time ally Victor Matemadanda as the battl...

By Staff reporter | Published: 11 June 2019

OPINION

An economy cannot be managed by propaganda

AN economy cannot be managed through propaganda. Back in high school, the term "propaganda"used to tickle us as students of history.The famed Oxford Dictionary defines propaganda as information, espec...

By Learnmore Zuze | Published: 11 June 2019

POLITICS

Mnangagwa mourns Vimbai Tsvangirai

President Mnangagwa has mourned the death of Vimbai Tsvangirai-Java, daughter to former MDC-T leader Morgan Tsvangirai, from injuries she sustained in a head on collision near Truckers Inn in Kwekwe l...

By Staff reporter | Published: 11 June 2019

BUSINESS NEWS

RBZ rejects gold miners' demand

ZIMBABWE is not in a position to liberalise domestic gold marketing and buying as this will negatively affect the flow of foreign currency into the economy, Reserve Bank of Zimbabwe (RBZ) deputy gover...

By Staff reporter | Published: 11 June 2019

BUSINESS NEWS

Zimbabwe's Ill-gotten wealth Bill to be gazetted

A BILL to empower the State to seize ill-gotten wealth is expected to gazetted on Friday before the legislative process commences in Parliament next week, a Cabinet Minister has said. The crafting of ...

By Staff reporter | Published: 11 June 2019

BUSINESS NEWS

Cellphone ignites fire as pair siphons fuel from car

TWO Gweru man sustained severe burns all over their bodies while vehicles worth US$9 000 were destroyed by a fire which started after one of them answered his cellphone while they were siphoning petro...

By Staff reporter | Published: 11 June 2019

BUSINESS NEWS

High-tech security for Kariba Dam

THE Zambezi River Authority (ZRA) is set to introduce high-tech equipment, including closed circuit television (CCTV) and drones, to improve security at Kariba Dam. This follows incidence of vandalism...

By Staff reporter | Published: 11 June 2019

BUSINESS NEWS

Zimbabwe may withdraw from Endangered-Species deal to sell $300m of ivory

Zimbabwe may consider withdrawing from the Convention on International Trade in Endangered Species because the organization won't allow it to sell its ivory stockpile.The southern African nation with ...

By Bloomberg | Published: 11 June 2019

POLITICS

Chipanga wants Chiwenga to join him in the dock

FORMER Zanu-PF youth leader, Kudzanai Chipanga has approached the High Court demanding a statement by vice president, Constantino Chiwenga, forming the basis of charges against him.Chipanga is accused...

By Staff reporter | Published: 11 June 2019
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