BUSINESS NEWS

Forex dealers get free rein

The Zimbabwe Republic Police says it is finding it difficult to bring cash vendors to book because there is need for an officer of the law to witness an illegal transaction before effecting an arrest....

By Staff reporter | Published: 17 January 2018

BUSINESS NEWS

Forex shortages to persist until March

Zimbabwe's debilitating foreign currency crisis will persist until the tobacco selling season begins in March, the Reserve Bank of Zimbabwe he said. RBZ financial markets deputy director William Manhi...

By Staff reporter | Published: 17 January 2018

POLITICS

Simba Makoni dumped

Mavambo/Kusile/Dawn (MKD) leader Simba Makoni has been dumped by some of his senior officials who described him as a failed politician.The officials, who have since formed their own party - Democratic...

By Staff reporter | Published: 17 January 2018

BUSINESS NEWS

Zim investment indaba set for SA

Financial markets experts, investors and executives from various industries will descend on Johannesburg in March for the fifth Financial Markets Indaba. The one-day gathering which is scheduled for S...

By Staff reporter | Published: 17 January 2018

BUSINESS NEWS

Bitcoin tumbles as digital coins resume slide

Hong Kong - Bitcoin slumped as much as 20%, giving more impetus to a January selloff in cryptocurrencies, after South Korea's finance minister repeated that the country may ban trading in one of the w...

By Bloomberg | Published: 16 January 2018

BUSINESS NEWS

Exclusive courts to try graft cases

The Judicial Service Commission (JSC) is establishing specialised anti-corruption courts throughout the country so that justice is expeditiously served on perpetrators of graft.The first two such cour...

By Staff reporter | Published: 16 January 2018

BUSINESS NEWS

Govt to craft SI on indigenisation changes

GOVERNMENT is working on crafting legislative provisions to clarify changes to the Indigenisation and Economic Empowerment Act.Recently, President Emmerson Mnangagwa announced that the Indigenisation...

By Staff reporter | Published: 16 January 2018

BUSINESS NEWS

ZRP regularly conduct lifestyle audits

The Zimbabwe Republic Police (ZRP) regularly conducts lifestyle audits among its officers to curb corruption within its rank and file, a senior police officer has said.Speaking at the 100-Day Quick Wi...

By Staff reporter | Published: 16 January 2018

BUSINESS NEWS

Civil servants January pay dates out

THE Government has released civil servants pay dates for this month with all the sectors expected to receive their salaries by January 30.Civil servants yesterday hailed the Government for proposing t...

By Staff reporter | Published: 16 January 2018

POLITICS

'No victimisation in corruption arrests,' claims Charamba

INVESTIGATORS handling corruption cases must follow due process and be thorough so that cases do not collapse in court due to lack of evidence, a senior Government official has said.Information, Media...

By Staff reporter | Published: 16 January 2018

BUSINESS NEWS

Zim revises visa regime

Zimbabwe is planning to revise its visa policy to help attract more tourists, trade and investment into the country. Immigration Department principal Clemence Masango said government is working on mea...

By Staff reporter | Published: 16 January 2018

BUSINESS NEWS

Govt revives Zimbabwe-Zambia railway line plans

Transport and Infrastructural Development minister Joram Gumbo has said the government is reviving plans to construct the Lions Den-Kafue, Zambia, railway line, which was mooted in 1980.Gumbo laid out...

By Staff reporter | Published: 16 January 2018

BUSINESS NEWS

Davos meeting on next week

World countries need to decide how best to respond to the emergence of the Fourth Industrials Revolution vis-à-vis their national strategies and their ambition to leverage production as a national ca...

By Staff reporter | Published: 16 January 2018

POLITICS

Mugabe was going to be lynched like Gaddafi

An aide to Zimbabwe's former president, Robert Mugabe, has said he feared civilians could "drag out and lynch" the leader in a "Libyan scenario".During Mr Mugabe's last week in office, he was under ho...

By BBC | Published: 15 January 2018

BUSINESS NEWS

Mnangagwa rules out rand adoption

Zimbabwe's new president  Emmerson Mnangagwa has said that Zimbabwe will not adopt the South African rand emphasising that the country is geared to reintroducing its own currency if all economic ...

By Staff reporter | Published: 15 January 2018

POLITICS

Plot to muzzle Tsvangirai's spokesperson

Top hawks in the MDC have scaled up a campaign to discredit and muzzle Morgan Tsvangirai's spokesperson on allegations of abandoning his responsibilities.Luke Tamborinyoka, the spokesperson for the MD...

By Staff reporter | Published: 15 January 2018

POLITICS

Mnangagwa accused of bribing chiefs

Zimbabwe's main opposition party along with rights groups have accused President Emmerson Mnangagwa of bribing chiefs with cars in exchange for votes.This comes after Mnangagwa splurged a fortune on 5...

By Staff reporter | Published: 15 January 2018

BUSINESS NEWS

Prophet Magaya paying workers with 'blessings'

A few years ago, flamboyant businessman Philip Chiyangwa sparked a major furore after he paid his workers at G&D Shoes their severance packages in the form of pairs of shoes.There was a method to ...

By Staff reporter | Published: 15 January 2018

BUSINESS NEWS

Foreign currency shortages to persist

Foreign currency shortages are expected to persist throughout this year despite promising economic turnaround following the inauguration of Emmerson Mnangagwa as Zimbabwe's President late last year.Ma...

By Staff reporter | Published: 15 January 2018

BUSINESS NEWS

High electricity tariffs crippling Zim industry

The Confederation of Zimbabwe Industries (CZI) is pleading with the Zimbabwe Energy Regulatory Authority (Zera) to slash power tariffs in order to ensure viability of its members' businesses.In its pr...

By Staff reporter | Published: 15 January 2018

POLITICS

Chiyangwa not going to allow the divorce

Harare businessman Philip Chiyangwa has not been served with summons of the divorce to his wife Elizabeth, he indicated yesterday.The media yesterday published Chiyangwa's divorce but fumed that this ...

By Staff reporter | Published: 15 January 2018

POLITICS

'Mugabe used excessive force to quash a rebellion'

Zapu leader Dumiso Dabengwa says not more than 50 disgruntled former Zipra guerrillas took up arms against former president Robert Mugabe's government and that did not warrant Mugabe to activate the N...

By Staff reporter | Published: 15 January 2018

POLITICS

Zanu-PF to throw Mugabe birthday bash

THE Zanu-PF youth league has vowed to continue honouring deposed President Robert Mugabe and are planning to throw a birthday bash for the ex-leader.Zanu-PF youth league leader Pupurayi Togarepi yeste...

By Staff reporter | Published: 15 January 2018

POLITICS

'Mnangagwa govt clueless'

TRANSFORM Zimbabwe (TZ) leader Jacob Ngarivhume has said President Emmerson Mnangagwa's government is clueless on how to address the ever deteriorating economy.Ngarivhume was reacting to a move by Zan...

By Staff reporter | Published: 15 January 2018

POLITICS

Tsvangirai will recover

ACTING MDC-T president Elias Mudzuri was yesterday optimistic that party leader Morgan Tsvangirai will fully recover and come back to represent a strong opposition coalition in the forthcoming electio...

By Staff reporter | Published: 15 January 2018

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