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BUSINESS NEWS

Falgold fails to publish FY results

LISTED miner Falcon Gold Zimbabwe has failed to publish its financial results for the financial year to September 30 this year, citing operational challenges which have been worsened by inadequate for...

By Staff reporter | Published: 20 December 2018

POLITICS

Zifa engages creditors to clear debts

Zifa will start engaging its creditors this week to come up with a payment plan as the new leadership led by Felton Kamambo begins efforts to turn around the fortunes of the association.The associatio...

By Staff reporter | Published: 20 December 2018

POLITICS

'Mnangagwa should apologise for army killings'

OPPOSITION political parties and civic groups have called on President Emmerson Mnangagwa to publicly apologise to families of people killed and injured by the army and police during the August 1 post...

By Staff reporter | Published: 20 December 2018

POLITICS

14 teachers released

THE 14 teachers belonging to the Amalgamated Teachers Union of Zimbabwe (Artuz), who were arrested in Ruwa on Tuesday while leading a 275km march from Mutare to Harare, have been freed by a Harare mag...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

Simbisa Brands implements two-tier pricing model

ZIMBABWE's largest fast food chain, Simbisa Brands Limited (SBL), says it will implement a two-tier pricing model, offering discounts for customers paying in United States dollars as it tries to raise...

By Staff reporter | Published: 20 December 2018

POLITICS

Mthuli Ncube accuse Chamisa's MPs of being dishonest

FINANCE Minister Mthuli Ncube yesterday accused opposition MPs of being dishonest by insisting that people are not happy with the 2% levy on electronic transactions, claiming the new tax has widely be...

By Staff reporter | Published: 20 December 2018

POLITICS

Birth certificate issuance for diasporans relaxed

Zimbabweans living abroad can now apply for birth certificates for their children born on foreign soil through the country's embassies, Registrar-General Mr Clemence Masango has said. Mr Masango told ...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

Great Zimbabwe records boom in tourists

TOURISM in Masvingo province is on a rebound with the Great Zimbabwe monuments alone recording 60 000 tourist arrivals since the beginning of 2018. National Museums and Monuments of Zimbabwe (NMMZ) pr...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

Fidelity cuts off the middleman

FIDELITY Printers and Refiners (FPR) has upped the ante in gold mobilisation, amid indications that it will soon be buying the precious metal directly from gold miners as it desperately seeks to arres...

By Staff reporter | Published: 20 December 2018

POLITICS

LP gas demand up 100%

THE demand for liquefied petroleum (LP) gas has increased by more than 100 percent in Bulawayo, putting pressure on suppliers who import the product mainly from South Africa. Distributors and househol...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

66% of firms to pay 2018 bonuses

A SURVEY has revealed that 66 percent of local firms will pay bonuses this year, an increase of 16 percent from last year. The survey by Industrial Psychology Consultants covered a sample of 71 compan...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

'Bulawayo industry needs remodelling'

BULAWAYO needs to transform its industrial focus through adoption of an agile approach and investing more on new business lines consistent with global demands, the Project Management of Zimbabwe (PMZ)...

By Staff reporter | Published: 20 December 2018

POLITICS

Chivayo prosecution takes new twist

Intratrek Zimbabwe managing director Wicknell Chivayo's criminal case is on the brink of collapse after High Court judge Justice Tawanda Chitapi last week ruled that the contract between his company a...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

Kwekwe engages debt collectors

Cash-strapped Kwekwe City Council has engaged debt collectors  to recover $45 million owed by ratepayers. Addressing a full council meeting, Kwekwe treasurer Mrs Rejoice Maweni said council has s...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

Volume of travellers in Beitbridge increases

There is increased activity at Beitbridge Border Post as Zimbabweans based in South Africa are coming back home for the Christmas and New Year's holidays. Long queues of vehicles and people have been ...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

Mthuli Ncube defends forex duty in an intelligent manner

Finance and Economic Development Minister Professor Mthuli Ncube yesterday defended the payment of import duty in foreign currency in his 2019 National Budget Statement saying the measure was premised...

By Staff reporter | Published: 20 December 2018

SOCCER

Kamambo reaches out to loser Chiyangwa

NEWLY-ELECTED Zifa president Felton Kamambo yesterday paid a courtesy call on his predecessor, Philip Chiyangwa, as he commences extensive engagement processes with football stakeholders, the associat...

By staff reporter | Published: 19 December 2018

POLITICS

Soldiers' use of live bullets was 'unjustified and disproportionate' - Report

SOLDIERS and police who were deployed to quell post-election protests which rocked Harare on August 1 killed six people and injured 35 others, while their use of live bullets was "unjustified and disp...

By Staff reporter | Published: 19 December 2018

LANDS & AGRICULTURE

Seed-Co developing rice varieties

Regional seed producer Seed-Co says it is working on developing rice varieties suitable for the local climatic conditions in order to scale back the country's reliance on rice imports.Naturally, the c...

By Staff reporter | Published: 19 December 2018

OPINION

Exchange control is the central problem facing Zimbabwe at present

BY introducing exchange control via the Reserve Bank, the State has done the following:     Created a system to ‘sweep’ some US$3 billion in direct foreign earnings into the no...

By Eddie Cross | Published: 19 December 2018

MINING & RETAIL

Miner lays contempt of court charge against Nyambirai

GOROMONZI miner Phillip Makanya has petitioned the High Court to charge businessman Tawanda Nyambirai with contempt of court for ignoring a court order barring him from interfering with his mining act...

By Staff reporter | Published: 19 December 2018

BUSINESS NEWS

Foreign-based motorists urged to use eTIP facility

MOTORISTS using foreign registered vehicles in the country should use the electronic temporary import permit (eTIP) facility to avoid delays at ports of entry, the Zimbabwe Revenue Authority's Customs...

By Staff reporter | Published: 19 December 2018

BUSINESS NEWS

Harare hit by serious water chemical shortages

Harare residents should brace for a dry festive season or rely on rain water, as council has run out of water purification chemicals.Mayor Herbert Gomba yesterday gave a grim picture of water supply i...

By Staff reporter | Published: 19 December 2018

OPINION

August 1 massacre commander's promotion raises stink

Presidential Guard commander Anselem Nhamo Sanyatwe's recent promotion to the rank of Major-General before the release of the results of the commission of inquiry (COI) into the August 1 shooting rais...

By Editorial - newsday | Published: 19 December 2018

BUSINESS NEWS

Harare City Council sells land to raise salaries

HARARE City Council has resolved to sell a prime piece of land in Mount Pleasant to a property developer to raise money for salaries.The land is currently being used by the ruling Zanu PF party as its...

By Staff reporter | Published: 19 December 2018
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