POLITICS

Mnangagwa lines up meetings at WEF

GLOBAL business giants and political leaders were lining up to secure appointments with President Emmerson Mnangagwa who is here attending the 48th World Economic Forum annual meetings.President Mnang...

By Staff reporter | Published: 24 January 2018

POLITICS

Mudenda calls for openness in mining

SPEAKER of the National Assembly Advocate Jacob Mudenda has demanded transparency in the mining sector to enable economic turnaround. He said lack of sound administration in the mining sector was hamp...

By Staff reporter | Published: 24 January 2018

BUSINESS NEWS

Vendors defy Govt

Illegal vendors who had heeded the call by Government to stay away from the streets on Monday, began trooping back into the Harare central business district (CBD) yesterday.The vendors could be seen i...

By Staff reporter | Published: 24 January 2018

POLITICS

Financial scandal rocks Zimbabwe police

A financial scandal running into millions of dollars has erupted within the Zimbabwe Republic Police (ZRP), prompting government to carry out nationwide audits into police affairs, after it emerged th...

By Staff reporter | Published: 23 January 2018

OPINION

Monetary policy to set more radical reforms

For those seeking evidence that President Emerson Mnangagwa is set on a radical overhaul of the economy, Zimbabwe's monetary policy, expected soon, will definitely set the tone. For all his bold talk ...

By Christopher Mugaga, Business Executive | Published: 23 January 2018

BUSINESS NEWS

Zim banks reject EU financial bailout

ZIMBABWEAN banks have since last year been rejecting access to credit facilities from European banks for on-lending to productive sectors, citing the possibility of failure to repay the loans because ...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

Zimra concerned over rising inflation

The Zimbabwe Revenue Authority (Zimra) said it is concerned over the country's rising inflation which reached 3,46 percent in December last year from -0,65 percent in January 2017."This is very worryi...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

Zim fails to shine in Madrid

Zimbabwe's exhibition stand ranked lowly compared to African and global counterparts at the just-ended 2018 International Tourism Fair (Fitur), with the Zimbabwe Tourism Authority (ZTA) citing poor fu...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

Zesa drowns in $400m loss

National power utility, Zesa Holdings, says its losses widened to $393 million last year from a loss of $217 million in 2016.This was after the parastatal came under fire from its employees for failin...

By Staff reporter | Published: 23 January 2018

POLITICS

Gappah engaged to help Mnangagwa

Petina Gappah, the Zimbabwean international law expert who has courted controversy after being hired to organise President Emmerson Mnangagwa's participation at the on-going World Economic Forum (WEF)...

By Staff reporter | Published: 23 January 2018

POLITICS

State House director fired

PRESIDENT Emmerson Mnangagwa has fired principal director of State residences, Innocent Dzapasi Tizora, amid reports that more heads will roll within his office as the purge of former President Robert...

By Staff reporter | Published: 23 January 2018

LIFESTYLE

Hugh Masekela dies

South African music legend Hugh Masekela has died, The SABC, EWN and ENCA has reported.According the South Africa’s ENCA news channel, Masekela, who was fighting prostate cancer and disclosed his ai...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

Pizza Hut to open first outlet in Zimbabwe

AMERICAN restaurant chain and international franchise, Pizza Hut is set to open its first outlet in Zimbabwe early next month.The move is likely to increase competition in the country's fast food reta...

By Staff reporter | Published: 23 January 2018

POLITICS

Mnangagwa to hold mass mobilisation rallies

Zanu-PF under former President Robert Mugabe was going to lose the forthcoming harmonised elections, a senior party official has said.Addressing a Midlands province inter-district meeting at the Zanu-...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

52% of Diasporans send remittances

MORE than half of emigrants sent remittances to their families in Zimbabwe, a new survey by the Zimbabwe National Statistics Agency (Zimstat) has shown.According to its Inter-Censal Demographic Survey...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

Zim open for business, says Mnangagwa

President Emmerson Mnangagwa yesterday pleaded for patience, saying his government would publish to the nation its achievements after its first 100 days in office.Officiating at a summit organised by ...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

ZSE listed firms to engage Mnangagwa

An association of Zimbabwe Stock Exchange (ZSE) listed firms are seeking a meeting with President Emmerson Mnangagwa to discuss constraints faced by the sector, where a number of players are failing t...

By Staff reporter | Published: 23 January 2018

POLITICS

Chihuri fingered in fake spot fine books scam

WOES continue to mount on retired Police Commissioner-General, Augustine Chihuri, who now faces a possible criminal case of abuse of office and corruption.Former police officer Tafadzwa Gambiza, fired...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

Wicknell woes mount

ENERGY minister Simon Khaya Moyo yesterday told Parliament that more heads were set to roll at Zimbabwe Power Company (ZPC) over the $7 million Gwanda solar project which was awarded to businessman Wi...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

Minister sues Hwange Colliery

THE Minister of Higher and Tertiary Education, Science and Technology Development Professor Amon Murwira has dragged Hwange Colliery Company Limited (HCCL) to court for failing to remit more than $157...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

Heads to roll at Zesa

The Zimbabwe Power Company (ZPC) was prejudiced of more than $7 million and not the $5 million initially reported through suspected irregular payments to businessman Mr Wicknell Chivayo, legislators h...

By Staff reporter | Published: 23 January 2018

POLITICS

Mzembi, Undenge back in court

Former Cabinet ministers Samuel Undenge and Walter Mzembi were yesterday back in court for their routine remand. The duo are facing charges of criminal abuse of office during their stint in Government...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

Zesa insolvent, expects increased loss

State power utility, Zesa Holdings says it is technically insolvent and could have run up accumulated losses of nearly $500 million by December 2017. Zesa has been making huge losses since 2012 and ha...

By Staff reporter | Published: 23 January 2018

POLITICS

Queen seeking to reconcile Britain with Zim

THE Queen of the United Kingdom, Elizabeth II, is seeking to reconcile Britain with Zimbabwe and is pinning hopes on the latter rejoining the Commonwealth.There are indications Zimbabwe and Britain wi...

By Staff reporter | Published: 23 January 2018

BUSINESS NEWS

Chivayo deals: Heads to roll at Zesa

The Zimbabwe Power Company (ZPC) was prejudiced of more than $7 million - and not the $5 million initially reported - through suspected irregular payments to businessman Mr Wicknell Chivayo, legislato...

By Staff reporter | Published: 23 January 2018

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