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POLITICS

Mudede sued for blacklisting Violet Gonda

HUMAN rights lawyers have taken Registrar-General (RG) Tobaiwa Mudede to the High Court, seeking an order compelling him to remove travel restrictions imposed on freelance journalist Violet Gonda, who...

By Staff reporter | Published: 07 September 2018

TRANSPORT & TOURISM

Panners pose threat to NRZ tracks

THE National Railways of Zimbabwe (NRZ) has raised the red flag over illegal gold panning activities close to railways tracks, a situation which could result in the rail collapsing under the weight of...

By Staff reporter | Published: 07 September 2018

POLITICS

Former Zisco worker assumes mayoral post

FORMER Zimbabwe Iron and Steel Company (Zisco) plant operator, Clayton Masiyatsva (MDC Alliance), has been elected Redcliff mayor, taking over from Zanu-PF's Freddy Kapuya who has dumped the Midlands ...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Zimra to reform tax collection processes

THE Zimbabwe Revenue Authority (Zimra) says it is looking to reform its tax processes as part of measures to improve collections and expand the tax base.While collections have improved in the first ha...

By Staff reporter | Published: 07 September 2018

POLITICS

'Zimbabwe not worried about sanctions'

ZIMBABWE will not preoccupy itself with sanctions by some Western capitals but will continue to work with progressive friendly nations to grow its economy, President Mnangagwa has said. Further, Presi...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Capacity utilisation to exceed 50%: CZI

THE country's manufacturing sector capacity utilisation is set to exceed 50 percent this year on the back of gains achieved in the last two years, with more positive prospects under the new political ...

By Staff reporter | Published: 07 September 2018

OPINION

Mnangagwa must appoint competent team to steer economic recovery

THE enormity of the task of steering the country's economic revival requires that President Emmerson Mnangagwa appoints the best team at his disposal into Cabinet. The pool of possible Ministers avail...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

'Zimbabwe is open to global investors,' says Chiwenga

ZIMBABWE will continue engaging the international community and open up investment opportunities, as Government forges ahead with its drive to transform the economy and improve livelihoods for its cit...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

ZETDC must upgrade systems

The Consumer Council of Zimbabwe (CCZ) has called for a speedy system upgrade by the Zimbabwe Electricity Distribution Company (ZETDC) to enable smooth flow of transactions for electricity tokens that...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

Global platinum market headed for surplus

The global platinum market will end the year in a surplus of 295 000 ounces as both supply, from main producers Zimbabwe, South Africa and Russia, and demand for the metal will fall by 2 percent, the ...

By Staff reporter | Published: 07 September 2018

POLITICS

Mnangagwa signs 3 more 'mega' deals with China

President Mnangagwa on Wednesday met with his Chinese counterpart President Xi Jinping after the conclusion of the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) and the two lead...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Zimra adopts conciliatory approach

The Zimbabwe Revenue Authority (Zimra) says it has dumped its combative tax administration tactic in favour of a conciliatory approach whereby tax payers willingly comply with the dictates of the coun...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

Zimbabwe to commence diesel production

Zimbabwe will soon start the production of diesel, leveraging on massive coal bed methane the country is endowed with in line with the ethos of mineral value addition, Post Business has reported.Coal ...

By Staff reporter | Published: 07 September 2018

POLITICS

Mnangagwa, Chiwenga rift may paralyse govt

Underlying tensions between President Emmerson Mnangagwa and one of his deputies, retired General Constantino Chiwenga, over power struggles, risks distracting the new administration from tackling a p...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Beitbridge - Harare road dualization in limbo

Government could abandon the controversial US$2.7 billion deal with Chinese firm Anhui Foreign Economic Construction Group Limited (Afecc) for the dualization of the Chirundu-Beitbridge highway after ...

By Staff reporter | Published: 07 September 2018

POLITICS

Mnangagwa flies into raging storm

President Emmerson Mnangagwa returned from a five day visit to China early yesterday morning to be confronted with soaring prices of mostly basic commodities and rising shortages.Prices of basic commo...

By Staff reporter | Published: 07 September 2018

ZIMBABWE

Inflationary outlook to spur stocks rally

Inflationary pressures are seen pushing stock prices as investors rush to preserve value in the face of a weakening local currency and a widening trade deficit. Stockbrokers and investment analysts sa...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

Debts push Metallon Corporation to the brink

PROPERTY belonging to Zimbabwe's largest gold producer, Metallon Corporation, will be auctioned by the High Court to recover an estimated US$30 million owed to various creditors and workers, as the mi...

By Staff reporter | Published: 07 September 2018

POLITICS

Blow to Mnangagwa, $2bn Chinese bid flops

President Emmerson Mnangagwa's quest for a critical US$2 billion bailout package from China in a desperate bid to ease the country's crippling liquidity crisis has hit a brick wall although the Chines...

By Staff reporter | Published: 07 September 2018

FINANCIAL SERVICES

CBZ not worried by OFAC penalty

Financial services group CBZ Holdings, says the outcome of ongoing investigations by the US Treasury Department's Office of Foreign Assets Control (OFAC) regarding historical transactions involving a ...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

'Coal-bed methane exploitation to reduce AN costs'

The cost of Ammonium Nitrate (AN) fertiliser, which is largely on the upper side in the country mainly due to high costs of the major component, ammonia, is set to come down once coal - bed methane ga...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Govt to pay for land, investments on BIPPAS

Government will pay fair compensation for both land and improvements on all farms falling under the Bilateral Investment Promotion and Protection Agreements (BIPPAs) in line with obligations enshrined...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Zimbabwe pins hope on China for forex

Zimbabwe is pinning hopes on Chinese banks to extending significant lines of credit to ease a serious shortage of foreign currency following a sharp rise in demand by businesses resulting from improve...

By Staff reporter | Published: 07 September 2018

LANDS & AGRICULTURE

Nestle backs Zimbabwe coffee farmers

The Swiss food multi-national Nestle is investing $1.25m (£1m) in Zimbabwe to help revive its coffee industry, news agency Bloomberg reports.It is set to buy nearly all the coffee produced by the cou...

By BBC | Published: 06 September 2018

MINING & RETAIL

Zim retailers concerned with rampant smuggling

THE confederation of Zimbabwe Retailers (CZR) says it is concerned with the rampant smuggling of goods, which has become a threat to the country's industrialisation process.Denford Mutashu, the confed...

By Staff reporter | Published: 06 September 2018
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