FORMER workers at the now defunct, United Touring Company (UTC) are bitter after allegedly being told they will not get their terminal benefits because the firm has no assets.The defunct tour operatin...
By Staff reporter | Published: 25 January 2018
LOCAL tourists have appealed to tour operators to reduce charges for the various activities which they say are very high and as such work against efforts to promote domestic tourism.The Government, th...
By Staff reporter | Published: 25 January 2018
THE Grain Marketing Board (GMB) posted a $209 million loss in the financial year ended December 31, 2017 due to subsidised sales to millers, an official has said.According to ZBCtv, GMB general manage...
By Staff reporter | Published: 25 January 2018
The Tobacco Industry and Marketing Board (TIMB) is consulting stakeholders on possible dates for the start of the 2018 marketing season, an official has said.TIMB corporate communications manager Mr I...
By Staff reporter | Published: 25 January 2018
Zimbabwe is unlikely to license new entrants in the mobile telecoms sector in the foreseeable future, with the regulator saying due to limited electro-magnetic spectrum, which carries sound and data, ...
By Staff reporter | Published: 25 January 2018
The Zimbabwe Power Company has secured $116 million from regional financial institutions to go towards its equity contribution for the expansion of Hwange Thermal Power Station.ZPC's equity contributi...
By Staff reporter | Published: 25 January 2018
WILLOVALE Motor Industries, which last year partnered Beijing Automobile International Corporation (BAIC) to assemble vehicles, is failing to meet its initial production targets due to shortage of for...
By Staff reporter | Published: 25 January 2018
Zimbabwe's full year gold production rose to 24.8 tonnes in 2017 from 22.7 tonnes the previous year, the central bank's refining and printing subsidiary said on Wednesday.Gold is the southern African ...
By Reuters | Published: 24 January 2018
Former Jaggers Wholesalers building in Ardbennie is set to go under the hammer on Saturday in the ongoing liquidation of the country's largest wholesaler.The sell is meant to raise money to pay credit...
By Staff reporter | Published: 24 January 2018
A SOUTH Africa-based foundry and engineering company, Thos Begbie has won a tender to construct a smelter for Unki, one of the platinum mines in Zimbabwe.Following the awarding of the tender last year...
By Staff reporter | Published: 24 January 2018
CAPTAINS of industry have welcomed the reduction of excise duty on fuel saying this will see the pump price going down as well as reducing the cost of production in the manufacuring sector.In the pas...
By Staff reporter | Published: 24 January 2018
One of the three firms granted a coal-bed methane concession by Government in Lupane, Matabeleland North Province, Discovery Investments, has said it required about $700 million to start commercial ga...
By Staff reporter | Published: 24 January 2018
TOBACCO, Zimbabwe's largest foreign currency earner is under threat after main international buyers resolved not to accept tobacco cured using coal citing environmental concerns.Recently, the Global T...
By Staff reporter | Published: 24 January 2018
The Environmental Management Authority has started reviewing its licensing regulations for the extractive industry as part of efforts to encourage formalisation of small-scale mining under Government'...
By Staff reporter | Published: 24 January 2018
Government has ordered players in the petroleum industry to reduce fuel prices with immediate effect to $1,35 per litre for petrol, $1,23 per litre for diesel and $1,17 for paraffin following the redu...
By Staff reporter | Published: 24 January 2018
Erratic rains and high temperatures being experienced countrywide have resulted in crops wilting, with farmers in some areas already counting losses as their maize is now a write off.The worst affecte...
By Staff reporter | Published: 24 January 2018
The African Union Commission is set to launch the Single African Air Transport Market (SAATM) in Ethiopia next week, the first AU Agenda 2063 flagship project.The launch of SAATM comes nearly two deca...
By Staff reporter | Published: 24 January 2018
THE tourism sector in Zimbabwe is expected to grow by more than 20% in 2018, with tourist arrivals surpassing 2,5 million due to renewed confidence in the destination triggered by the recent change of...
By Staff reporter | Published: 24 January 2018
POWER generation at Hwange Thermal Power Station has increased to 661 megawatts (MW) following the completion of refurbishment works at one of its units which had been inactive for years, Energy minis...
By Staff reporter | Published: 24 January 2018
THE Reserve Bank of Zimbabwe (RBZ) has paid US$10 million in Treasury Bills (TBs) to the soon-to-reopen Time Bank in a bid to end a nearly two-decade-long dispute with the commercial bank which is eye...
By Staff reporter | Published: 23 January 2018
Standard Chartered Bank (StanChart) says the opening of its relocated Avondale branch underscores the financial institution's commitment to provide an ambient and convenient banking environment for it...
By Staff reporter | Published: 23 January 2018
Claims by former president Robert Mugabe that the country lost $15 billion worth of diamond revenue were divorced from the actual facts on the ground, Finance minister Patrick Chinamasa told the Natio...
By Staff reporter | Published: 23 January 2018
KTULU Nominees, representing private family interests of prominent lawyer, Gerald Mlotshwa, has emerged as the single largest shareholder in Dr Dish following a deal signed over the weekend.The transa...
By Staff reporter | Published: 23 January 2018
DR Dish Private (Ltd) says it is pursuing various options after Econet Media-owned Kwese TV severed ties with the company, while assuring its subscribers that they will not be left stranded.This comes...
By Staff reporter | Published: 23 January 2018
Postal and telecommunication operators can now pay their licence fees in instalments after struggling to make once-off payments due to the harsh economic environment, the Postal and Telecommunications...
By Staff reporter | Published: 23 January 2018
ZCTU implores govt to review US$150 minimum wage 
DRC bans US dollar cash payments 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Zimbabwe's currency is undervalued by nearly half 
Zimbabwe moves to crack down on proxy mining deals 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
