BUSINESS NEWS

CSC on verge of collapse

The Cold Storage Company is on the brink of collapse and is left with only 600 cattle at its 9 farms across the country. This translates to 66 beasts per farm. The parastatal had thousands of ca...

By Staff reporter | Published: 26 February 2014

BUSINESS NEWS

High Court to rule on SMM

The High Court is today expected to rule on the urgency of a case in which businessman Mutumwa Mawere wants the court to determine whether Shabani Mashava Mine is under reconstruction or not. Hi...

By Staff reporter | Published: 26 February 2014

POLITICS

Mugabe calls for 100% local mine ownership

Economic empowerment does not only apply to foreign-owned companies, but also to local firms willing to partner Government in various sectors of the economy, President Mugabe has said. In an int...

By Staff reporter | Published: 26 February 2014

BUSINESS NEWS

ZITF 2014 switches dates

THE Zimbabwe International Trade Fair (ZITF) has been moved from May to April.The initial dates of 6 to 10 May, have been changed to 22 to 26 April."Please be advised that the 55th Zimbabwe Internati...

By Staff reporter | Published: 25 February 2014

POLITICS

Mugabe in U-turn

In a major and embarrassing U-turn, President Mugabe has exonerated former Zimbabwe Mining development Corporation chairperson Godwills Masimirembwa for allegedly soliciting a $6 million bribe from G...

By Staff reporter | Published: 25 February 2014

BUSINESS NEWS

PSMAS licence renewed

Embattled Premier Service Medical Aid Society has finally been granted a licence to operate, but with conditions following the resignation of the society's board of directors last Friday. Although th...

By Staff reporter | Published: 25 February 2014

BUSINESS NEWS

Zim records 75 company closures, over 9 000 job losses

A record 9 617 job losses and 75 company closures were recorded last year amid fears that the trend could escalate this year as the economy continues to shrink, the Zimbabwe Congress of Trade Unions h...

By Staff reporter | Published: 21 February 2014

BUSINESS NEWS

European Investment Bank officials coming to Zim

European Investment Bank (EIB) officials are due to visit Zimbabwe on a mission to explore funding opportunities for the private sector, European Union's ambassador to Zimbabwe Aldo Dell'Ariccia has s...

By Staff reporter | Published: 21 February 2014

BUSINESS NEWS

NSSA in $50 million hotel scandal

The cost of a hotel built by the National Social Security Authority in Beitbridge ballooned from $17 million to $50 million in murky circumstances, which include hiring a construction firm that could ...

By Staff reporter | Published: 21 February 2014

OPINION

Moving Human Resources from compliance to strategy

For most organisations the Human Resource function is simply one that feeds into compliance. Recently there has been a significant rise in interest in the role of the Chief Human Resource Office or HR...

By Regenesys | Published: 21 February 2014

POLITICS

Zanu-PF employees face axe

Newly elected Zanu-PF provincial executives are reportedly on a witch-hunt targeting party employees aligned to their rivals and dismissing them on spurious allegations of incompetence and insubordina...

By Staff reporter | Published: 21 February 2014

BUSINESS NEWS

Tobacco season kicks off

The 2014 tobacco selling season will open tomorrow with 47 percent of the crop expected to come from the communal areas.Stakeholders have expressed confidence that the 2014 selling season will surpas...

By Staff reporter | Published: 21 February 2014

BUSINESS NEWS

Govt to appoint interim PSMAS boss

Government will appoint an interim manager to run the affairs of the Premier Service Medical Aid Society following the resignation of its board members on Friday last week. Addressing a press co...

By Staff reporter | Published: 21 February 2014

BUSINESS NEWS

$11.2 million storm rocks NSSA

The National Social Security Authority is in the eye of a storm after it lost over $11.2 million worth of property which was repossessed by local authorities over non-development, prejudicing pension...

By Staff reporter | Published: 21 February 2014

POLITICS

White Zimbabweans join anti-embargo crusade

A lobby group called Zimbabweans Against Sanctions has urged Zimbabweans to unite in opposing illegal sanctions on the country. Former national cricket team captain Heath Streak is the spokesper...

By Staff reporter | Published: 21 February 2014

POLITICS

EU partially lifts Zim sanctions

The European Union yesterday suspended sanctions on 8 Zimbabwe officials - among them service chiefs, politicians and war veterans - but kept President Mugabe and the First Lady Grace Mugabe on the e...

By Staff reporter | Published: 21 February 2014

POLITICS

Mugabe leaves for eye operation

President Mugabe left the country yesterday for Singapore for a procedural eye cataract operation. He left soon after he officially opened a Cabinet session. Presidential spokesperson George Cha...

By Staff reporter | Published: 21 February 2014

BUSINESS NEWS

Negative destination brand haunts Zimbabwe

The tourism sector recorded a marginal increase in tourist arrivals in 2013 with visitors from Africa contributing the highest number of tourists, an official at the Zimbabwe Tourism Authority (ZTA) ...

By Staff reporter | Published: 21 February 2014

BUSINESS NEWS

ZIA approved $39 million projects in January

The Zimbabwe Investment Authority (ZI) approved investment projects worth $38.6 million in the first month of this year, with the majority being in  the mining sector. The approved investme...

By Staff reporter | Published: 21 February 2014

POLITICS

Zanu-PF MP wants Cambridge exams reinstated

A legislator has demanded the reinstatement of Cambridge examinations to replace the Zimbabwe Schools Examinations Council (Zimsec).Zanu-PF MP, Fani Phiri, last week said Zimsec has been associated w...

By Staff reporter | Published: 17 February 2014

POLITICS

Mugabe fumes against corruption

President Mugabe on Friday repeated his threats that those implicated in corruption should face the full wrath of the law. He said this at a Zanu-PF extraordinary politburo meeting. His calls come in ...

By Staff reporter | Published: 17 February 2014

BUSINESS NEWS

New board for ZBC announced

Information, Media and Broadcasting Services Minister Professor Jonathan Moyo has appointed an 11-member board chaired by telecoms entrepreneur and ICT expert Dennis Magaya to spearhead restructuring ...

By Staff reporter | Published: 17 February 2014

BUSINESS NEWS

Industry in €3m EU trade support

Local industry has secured a €3 million grant for two and half years beginning February from the European Union to be supervised by the International Trade Centre. The grant will finance projects in...

By Staff reporter | Published: 17 February 2014

POLITICS

EU set to suspend most Zim sanctions

Brussels - European Union ministers are due on Monday to approve the suspension of most sanctions against Zimbabwe, although those against President Robert Mugabe will remain in place, diplomats said....

By Sapa | Published: 17 February 2014

BUSINESS NEWS

Inter-bank market set to resume

THE inter-bank market is set to resume after Government and the African Export Import Bank entered into an agreement to introduce a facility and associated instruments to alleviate the liquidity chall...

By Staff reporter | Published: 14 February 2014

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