POLITICS

Zim will not back down on indigenisation

Zimbabwe will not back down on its 51/49 percent indigenisation threshold as foreign firms have extracted minerals worth much more than their investments in the country, Mines minister Walter Chidhakw...

By Staff reporter | Published: 03 December 2013

POLITICS

Opposition parties shower praises on Gono

Opposition parties have showered praises on retired Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono, calling him the best governor since 1980.Gono resigned from the central bank on Saturday, endin...

By Staff reporter | Published: 03 December 2013

EDUCATION

Minerals university on cards

The government says it will establish a Pan-African Minerals University of Science and Technology (PAMUST) in an effort address the issues of value addition to Africa's mineral resources in line with ...

By Staff reporter | Published: 02 December 2013

BUSINESS NEWS

Industry calls for duty exemption

Stakeholders in the local tourism industry say the government should consider extending a duty free exemption of capital goods to enable the sector to recapitalise operations.Submissions by the touris...

By Staff reporter | Published: 02 December 2013

BUSINESS NEWS

ZimFund supports Zim's economic recovery agenda

According to the African Development Bank (ZimFund) The Zimbabwe Multi-Donor Trust Fund through the Urgent Water Supply and Sanitation Rehabilitation Project (UWSSRP) and the Emergency Power Infrastr...

By Staff reporter | Published: 02 December 2013

POLITICS

Furore over diamond share scheme

Tempers allegedly flared during an induction workshop for Mutare Rural District Council councillors and other stakeholders over the secrecy surrounding the Zimunya Marange Community Share Ownership Tr...

By Staff reporter | Published: 02 December 2013

BUSINESS NEWS

RBZ debt wasn't all mine, says Gono

Former Reserve Bank of Zimbabwe governor Dr Gideon Gono says only 45 percent of the $1,3 billion debt weighing on the viability of the central bank was accrued during his tenure.The former RBZ chief s...

By Business Reporter | Published: 02 December 2013

BUSINESS NEWS

Rock Tech to take over Brainworks

Rock Tech Lithium Inc. has announced that, further to its letter of intent with Brainworks Capital Management, it has signed a Share Purchase Agreement to purchase all of the issued and outstanding sh...

By Staff reporter | Published: 02 December 2013

BUSINESS NEWS

'Sovereign Wealth Fund long overdue'

THE Zimbabwe National Chamber of Commerce has called for the business community to closely work with Government in the implementation of the economic blueprint, Zimbabwe Agenda for Sustainable Socio...

By Staff reporter | Published: 01 December 2013

BUSINESS NEWS

Fidelity Printers, ZB tie-up bears fruit

A tie-up between the gold-buying arm of the Reserve Bank of Zimbabwe, Fidelity Printers and Refiners, and ZB Bank, enabling the refiner to establish gold-buying centres in selected bankbranches, has ...

By Business Reporter | Published: 01 December 2013

BUSINESS NEWS

Imports standards Act on cards

Government plans to establish a regulatory body and laws to control the standards of imports, Industry minister Mike Bimha says.This comes on the back of a massive influx of cheap and sub-standard goo...

By Staff reporter | Published: 01 December 2013

BUSINESS NEWS

Acting RBZ Governor appointed, end of Gono's era

Deputy Governor Dr Charity Dhliwayo has been appointed to act as the Reserve Bank of Zimbabwe Governor for the next three months. The Acting RBZ Governorship will rotate to the other deputy gover...

By Staff reporter | Published: 01 December 2013

BUSINESS NEWS

Zim road projects plunge into funding problems

THE joint venture between the Zimbabwe National Road Administration (Zinara) and a South African company Group Five Limited to rehabilitate the Plumtree-Bulawayo-Harare-Mutare highway has plunged int...

By Staff reporter | Published: 29 November 2013

BUSINESS NEWS

AfDB to offer technical assistance to the RBZ

The Africa development bank in their 2013-2015 Country brief report highlighted that it will support the rehabilitation, maintenance and development of the Reserve Bank's IT system. "The Reserve Bank ...

By Staff reporter | Published: 28 November 2013

EDUCATION

Customise your education - one strategy at a time

In an age where customers expect customisation due to their unique needs, why would you not apply this to your education requirements? In a management context, no two companies are the same nor are an...

By Regenesys | Published: 28 November 2013

OPINION

Liquidity shortage in Zimbabwe: myth or reality

Voluminous bagfuls of hot air have been spent by various economists of different ideological stripes debating about the alleged shortage of liquidity in the Zimbabwean financial system. The question w...

By Colls Ndlovu | Published: 28 November 2013

BUSINESS NEWS

Chinamasa to securitise Zim's minerals

Finance Minister Patrick Chinamasa said foreign direct investment was critical in funding the Zimbabwe Agenda on Sustainable Socio-Economic Transformation blueprint.Government, he said, was also looki...

By Staff reporter | Published: 28 November 2013

OPINION

Rebate on duty for 'religious' goods

Did you that Section 120 of the Customs and Excise Act (Chapter 23:02) as read with  Section 127 of the Customs and Excise (General) Regulations, as published in Statutory Instrument 154 of 2001,...

By Zimra | Published: 28 November 2013

BUSINESS NEWS

ZIA approves $10 billion projects

THE Zimbabwe Investment Authority (ZIA) has approved projects valued at $10 billion since the economy was dollarised in 2009 until June 2013, figures from the agency revealed.About 10 000 jobs were c...

By Staff reporter | Published: 28 November 2013

BUSINESS NEWS

'Cheap imports paralyse industry'

Zimbabwe's manufacturing firms have recorded a slump in business as they are sitting on stocks of up to a year which they can’t sell, the Zimbabwe National Chamber of Commerce (ZNCC) has said.The f...

By Staff reporter | Published: 27 November 2013

BUSINESS NEWS

Zim not backing down on foreign businesses

Zimbabwe will press ahead with controversial plans to ban foreigners from owning bakeries, barber shops, estate agencies and a host of other businesses, officials said on Wednesday."Foreigners operati...

By AFP | Published: 27 November 2013

BUSINESS NEWS

Gono's RBZ term expires on Saturday

Reserve Bank of Zimbabwe governor Gideon Gono's tenure at the helm of the institution ends this week amid speculation that it won't be extended. Gono's second and final term at 80 Samora Machel Avenue...

By Staff reporter | Published: 27 November 2013

BUSINESS NEWS

Zimra launches tax blitz

THE Zimbabwe Revenue Authority (Zimra) has launched a blitz on business tax evaders in Bulawayo, imposing stiff penalties on registered operators not remitting taxes to the authority. The authority is...

By Business Reporter | Published: 27 November 2013

POLITICS

'Indigenisation Act necessary for reluctant companies'

THE Indigensation and Economic Empowerment Act must be amended to give it compliance enforcement power to deal with foreigners who are reluctant to comply with the law, Parliamentarians heard. Secreta...

By Staff reporter | Published: 26 November 2013

BUSINESS NEWS

Emcoz pushes for amendments to the labour Act

THE Employers' Confederation of Zimbabwe is lobbying the Parliamentary Committee on Labour to adopt its new labour market agenda that is pushing for an amendment of local labour laws to improve produc...

By Staff reporter | Published: 26 November 2013

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