BUSINESS NEWS

Minimum retirement pension now $80 per month

National Social Security Authority (NSSA) chairperson Robin Vela has said the minimum retirement pension monthly pay-out was increased from $60 to $80 from October 1, 2017, in line with the organisati...

By Staff reporter | Published: 05 December 2017

BUSINESS NEWS

Mpofu to tackle police roadblocks, corruption

Newly-appointed Home Affairs and Culture Minister Dr Obert Mpofu yesterday made a commitment to deal with police roadblocks and corruption which have strained relations between the public and law enf...

By Staff reporter | Published: 05 December 2017

POLITICS

Parly probes road project delay

The Parliamentary Portfolio Committee on Transport and Infrastructure Development has launched a probe into delays by Austrian firm, Geiger International, to start work on the Harare – Beitbridge Hi...

By Staff reporter | Published: 05 December 2017

POLITICS

Former bigwigs seek Zanu-PF re-admission

The fall of Zimbabwe's long-serving president, Robert Mugabe, appears to have given hope to sacked former Zanu-PF stalwarts who are now retracing their footsteps back to the former liberation movement...

By Staff reporter | Published: 05 December 2017

EDUCATION

Dokora was 'hugely misunderstood'

Former Primary and Education minister Lazarus Dokora has said he gave it his best despite public distrust while his predecessor Paul Mavima believes Dokora was "hugely misunderstood."Dokora along with...

By Staff reporter | Published: 05 December 2017

POLITICS

Zim generals promise big things

The two former army chiefs who landed Cabinet appointments last week have promised fireworks in President Emmerson Mnangagwa's new government.In what came as surprise appointments for many, Air Marsha...

By Staff reporter | Published: 05 December 2017

OPINION

Is Mnangagwa Zimbabwe's Kagame?

PRESIDENT Emmerson Dambudzo Mnangagwa's inauguration speech was full of promises on the economy, good governance, international relations and a promise to smoothen relations with multi-lateral financi...

By Staff reporter | Published: 05 December 2017

BUSINESS NEWS

Are 90% of Zimbabweans unemployed?

There are a lot of figures for the rate of unemployment in Zimbabwe doing the rounds, from 95% to 5%, which is surely the biggest range you'll see for estimates of any indicator.The Archbishop of York...

By BBC | Published: 05 December 2017

BUSINESS NEWS

Mnangagwa targets economic jumpstart

PRESIDENT Emmerson Mnangagwa has described his first 10 days in office as hectic, but expressed optimism that his Cabinet team would live up to expectations and give the country's battered economy a m...

By Staff reporter | Published: 05 December 2017

BUSINESS NEWS

'Informal sector pension scheme ready'

The National Social Security Authority (Nssa) says it is ready to administer its voluntary pension scheme for the informal sector."Our actuaries are currently working on the model and design of the sc...

By Staff reporter | Published: 05 December 2017

BUSINESS NEWS

Diasporans take second look at Zimbabwe

BUSINESS people, companies and investment funds around the world are taking a "second look" at Zimbabwe, with a view of bringing in fresh investment into the country following the recent ouster of Rob...

By Staff reporter | Published: 05 December 2017

BUSINESS NEWS

'Ring fence revenue from natural resources'

THERE is need for government to jealously ring fence revenue from the natural resources sector, so that it could be fully invested in national development programmes, Zimbabwe Coalition on Debt and De...

By Staff reporter | Published: 05 December 2017

POLITICS

'My team will stand up to the challenge,' says ED

Zimbabwe's new president, Emmerson Mnangagwa, called for public unity to revive the country's sickly economy as his new cabinet took office on Monday."I have sworn in a new cabinet just to finish the...

By AFP | Published: 05 December 2017

POLITICS

Mnangagwa reveals support for white farmers

On 14 Jan 2016, President Emmerson Mnangagwa revealed the "secret" that he personally protected scores of white farmers from being driven from their land at the height of the Zanu-PF-sanctioned farm i...

By Staff reporter | Published: 04 December 2017

POLITICS

Mugabe relatives cut ties with Grace Mugabe

Former President Robert Mugabe's relatives claim that they severed relations with their daughter-in-law former First Lady Grace Mugabe more than two years ago.The Mugabe clan, which includes the Mugab...

By Staff reporter | Published: 04 December 2017

BUSINESS NEWS

NSSA approves pensioners' bonus

THE National Social Security Authority (NSSA) has approved a bonus payment for all pensioners citing an improved performance and growth in income.Last year NSSA reported an after-tax profit of $105,8 ...

By The Source | Published: 04 December 2017

POLITICS

Chiwenga for Vice President

Zimbabwe Defence Forces (ZDF) commander, General Constantino Chiwenga, is seen standing a good chance of being elevated straight from the barracks to become one of the two vice presidents at Zanu-PF's...

By Staff reporter | Published: 04 December 2017

BUSINESS NEWS

Cash transactions surge

The total value of cash-based transactions increased by 26,3 percent to $259,27 million in September 2017, up from $205,33 million the previous month despite a biting foreign currency shortage that ha...

By Staff reporter | Published: 04 December 2017

POLITICS

Mnangagwa to swear in new Cabinet ministers

Newly appointed Cabinet ministers will take their oath of office before President Emmerson Mnangagwa at State House in Harare today.President Mnangagwa last week announced a 22-member Cabinet to run G...

By Staff reporter | Published: 04 December 2017

BUSINESS NEWS

RBZ avails $10 million loan facility

THE Reserve Bank of Zimbabwe (RBZ), through its Financial Inclusion Department, has provided a $10 million concessionary loan facility targeting vulnerable youths in rural areas. The loans will carry ...

By Staff reporter | Published: 04 December 2017

POLITICS

Teachers' unions welcome Dokora sacking

TEACHERS' unions have welcomed President Emmerson Mnangagwa's decision to drop controversial Primary and Secondary Education Minister, Dr Lazarus Dokora from the new Cabinet.Dr Dokora was dropped at t...

By Staff reporter | Published: 04 December 2017

BUSINESS NEWS

Retailers seek Mnangagwa's intervention

The Confederation of Zimbabwe Retailers (CZR) says President Emmerson Mnangagwa should address the foreign currency shortages, among a host of constraints, to grow the economy.Speaking at the CZR 2017...

By Staff reporter | Published: 04 December 2017

POLITICS

Mphoko to be charged

Mystery surrounds the whereabouts of former vice president Phelekezela Mphoko who arrived in the country on Friday through Plumtree Border Post amid reports that he might have been detained upon his e...

By Staff reporter | Published: 03 December 2017

POLITICS

Chombo pleads with Mnangagwa

Former Finance minister, Ignatius Chombo, wrote to President Emmerson Mnangagwa two days after he had been sworn into office offering to work for him in any capacity.In a passionate congratulatory mes...

By Staff reporter | Published: 03 December 2017

POLITICS

Confusion hits Mnangagwa's new govt

President Emmerson Mnangagwa has made a sudden U-turn on some of his Cabinet appointments to avoid falling afoul of the supreme law of the land.In terms of section 104(3) of the national charter, the ...

By Staff reporter | Published: 03 December 2017

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