BUSINESS NEWS

500 000 tonnes maize in grain reserves

THE Government has said the nation should not panic over the erratic rains this cropping season because in the event of farmers failing to harvest, the country has enough grain reserves. The country h...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

CAAZ reinstates passenger service charge

THE Civil Aviation Authority of Zimbabwe (CAAZ) has reinstated passenger service charge and the aviation infrastructure development fund on Air Zimbabwe-issued tickets to improve the ease of doing bus...

By Staff reporter | Published: 29 January 2018

POLITICS

Mnangagwa assures AU, Mugabe is well, safe

President Emmerson Mnangagwa has reiterated his pledge to preserve the legacy of former President Robert Mugabe while assuring the 30th African Union Summit  underway in Addis Ababa, Ethiopia, th...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

ZETDC under fire

THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of Zesa Holdings has come under fire from prospective employees for demanding the "expensive" Samsung J7 smartphone...

By Staff reporter | Published: 29 January 2018

NRZ, church in land ownership wrangle

THE National Railways of Zimbabwe (NRZ) has taken the Synod of Central Africa of the Reformed Church in Zimbabwe (RCZ) to court in a bid to seek transfer of two Harare properties, which the parastatal...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

Companies fleeced in Zimra fiscal devices supply

THOUSANDS of Zimbabwean businesses may have lost millions of dollars in an alleged scam by a group of companies contracted by the Zimbabwe Revenue Authority (Zimra) to supply fiscal devices, two years...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

CAAZ, Air Zimbabwe bury hatchet

Air Zimbabwe passengers will from Thursday February 1, 2018 no longer be required to pay air ticket charge and passenger service fees directly to the Civil Aviation Authority of Zimbabwe (CAAZ) as the...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

Audit exposes Zimparks rot

Zimbabwe National Parks and Wildlife Management Authority (Zimparks) board members are in a spot of bother after a Government audit revealed that they could have used funds from the parastatal unproce...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

Zim has world's second largest informal economy

Zimbabwe has the second largest informal economy as a percentage of its total economy in the world, after Bolivia, the International Monetary Fund has said. In a working paper titled, "Shadow Economie...

By Staff reporter | Published: 29 January 2018

POLITICS

'Mugabe owes us an apology'

WAR veterans have ordered former President Robert Mugabe and his wife Grace to publicly apologise for "denigrating and disrespecting them" at the height of Zanu-PF factional fights last year.Addressin...

By Staff reporter | Published: 29 January 2018

POLITICS

Chiyangwa 'sweats' over divorce

Flamboyant property mogul Phillip Chiyangwa has filed an appearance to defend the divorce litigation brought before the High Court by his estranged wife, Elizabeth (nee Jumah), who is seeking terminat...

By Staff reporter | Published: 29 January 2018

POLITICS

Grace Mugabe's PhD thesis sparks witch-hunt

A witch-hunt is evolving at the University of Zimbabwe (UZ) where academic staff in the Sociology Department are alleging persecution at the hands of the institution's leadership for questioning the m...

By Staff reporter | Published: 29 January 2018

POLITICS

Chamisa chides Mnangagwa

MDC-T vice-president Nelson Chamisa has claimed that the opposition backed the military-led "Operation Restore Legacy" to ensure the emergence of a "weaker and easy-to-defeat" leader in the form of Pr...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

ZPC shuts down 2 power stations

The Zimbabwe Power Company (ZPC) has shut down two power stations - Bulawayo and Munyati - due to electricity oversupply in the country, an official has said. The power stations, with a combined insta...

By Staff reporter | Published: 29 January 2018

POLITICS

Fresh moves to arrest Grace Mugabe

The declaration by President Emmerson Mnangagwa last week that former first lady Grace Mugabe is no longer immune to prosecution appears to have left Mugabe's garrulous wife vulnerable to arrest as vu...

By Staff reporter | Published: 29 January 2018

POLITICS

Concerns rise over Tsvangirai's health

Morgan Tsvangirai's long absence due to ill-health has thrown the MDC into disarray amid rising concerns that with polls only less than five months away, the country's largest opposition party could b...

By Staff reporter | Published: 29 January 2018

POLITICS

Embrace G40 to unseat Zanu-PF

Opposition parties have been challenged to unite and invite into their ranks members of the vanquished G40 faction in Zanu-PF if they are to entertain any chances of unseating President Emmerson Mnang...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

Zimbabwe starring crippling power shortages

Zimbabwe is starring the possibility of crippling electricity shortages in the near future if the Reserve Bank Zimbabwe (RBZ) does not release funds requested by coal miners to import spare parts, it ...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

RBZ draws $450m from nostro facility

The Reserve Bank of Zimbabwe (RBZ) has drawn down $450 million out of the latest $600 million nostro stabilisation facility secured from the Afreximbank last year, Reserve Bank of Zimbabwe governor Dr...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

Zimbabwe 2017 Review and 2018 Outlook

Zimbabwe entered a new chapter in November 2017, following the resignation of Robert Mugabe, and his replacement with Emmerson Mnangagwa. The President in his inaugural speech pledged to 'hit the grou...

By Imara Zim Research | Published: 26 January 2018

POLITICS

Tsvangirai situation too desperate

UNWELL MDC-T leader Morgan Tsvangirai has reportedly been stopped from flying to Germany for further treatment after South African doctors who have been attending to him have said the long flight to t...

By Staff reporter | Published: 26 January 2018

POLITICS

Mnangagwa weaker than Mugabe

MDC-T Deputy President Nelson Chamisa says President Emmerson Mnangagwa was a weaker opponent than his predecessor, President Robert Mugabe and comes as a God given gift to the opposition that had str...

By Staff reporter | Published: 26 January 2018

BUSINESS NEWS

Dry spell threatens to scuttle wage negotiations

THE dry spell currently being experienced in the country is threatening to scuttle negotiations for a wage increment for the tea sector this year, businessdigest has learnt.The spell has prompted fear...

By Staff reporter | Published: 26 January 2018

POLITICS

Grace Mugabe's PhD thesis published

CONTROVERSY surrounding former first lady Grace Mugabe's attainment of a doctorate at the University of Zimbabwe (UZ) deepened yesterday after the institution finally published her thesis, almost four...

By Staff reporter | Published: 26 January 2018

POLITICS

Security concerns over Mnangagwa

SECURITY concerns have been raised over President Emmerson Mnangagwa's house in the Hellensvale section of Borrowdale suburb in Harare amid fears that the residence is not well-secured, Zimbabwe Indep...

By Staff reporter | Published: 26 January 2018

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