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POLITICS

'Coup plotter' Sikhala to appear in court today

MDC-Alliance deputy national chairperson Job Sikhala was yesterday arrested on allegations of subverting a constitutionally-elected Government and is expected to appear in court today. He was by last ...

By Staff reporter | Published: 10 July 2019

TRANSPORT & TOURISM

Mnangagwa engages IATA executives

INTERNATIONAL Air Transport Association (IATA) executive members met with President Mnangagwa at his Munhumutapa Offices yesterday to discuss ways of improving the air transport system in the country ...

By Staff reporter | Published: 10 July 2019

BUSINESS NEWS

Chasi flies to SA to finalise a power import deal with Eskom

Energy and Power Development Minister Fortune Chasi is in South Africa to finalise a power import deal with Eskom as the Government moves to reduce power shortages. Minister Chasi's trip to South Afri...

By Staff reporter | Published: 10 July 2019

BUSINESS NEWS

Tax scam costs Govt billions

Some players in the garment-making sector are allegedly skimming the Government of billions of dollars in potential tax revenue and suffocating downstream textile industries by abusing a special cloth...

By Staff reporter | Published: 10 July 2019

BUSINESS NEWS

Zimbabwe civil servants reject $21 million pay rise - union

Zimbabwe's government on Tuesday offered its workers 180 million Zimbabwe dollars ($21 million) in additional pay for the July-December period, which unions rejected as inadequate in the face of soari...

By Reuters | Published: 10 July 2019

POLITICS

Bright Matonga's farm equipment goes under the hammer

Former information deputy minister Bright Matonga's farm equipment is going under the hammer on Thursday.The sale comes after the former legislator failed to stop a $280 000 default judgement followin...

By Staff reporter | Published: 09 July 2019

POLITICS

Chamisa throws Sikhala under the bus

THE opposition MDC yesterday disowned statements by its deputy national chairperson Job Sikhala that the party would overthrow President Emmerson Mnangagwa before the 2023 general elections, insisting...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Why Mthuli Ncube fast-tracked Zimdollar return plans

Zimbabwe re-introduced its local currency earlier than scheduled because the market was rapidly re-dollarizing, putting more pressure on the government, finance minister Mthuli Ncube said Monday.Ncube...

By Xinhua | Published: 09 July 2019

BUSINESS NEWS

Mthuli Ncube taunts 'misguided' lawyers challenging SI 142

FINANCE minister Mthuli Ncube has described litigations against the reintroduction of the Zimbabwean dollar and ban on the use of foreign currencies as "misguided".Currently, there are three cases at ...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Mnangagwa travels bankrupting Zimbabwe

PRESIDENT Emmerson Mnangagwa could have blown in excess of US$200 million in travelling expenses since he came into power in November 2017, former Finance minister Tendai Biti has said.Mnangagwa, who ...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

BCC wants army to clear out panners

BULAWAYO city fathers have resolved to engage the army to deal with artisanal miners working on Upper Ncema, threatening the ability of the dam to supply water to the city.This comes at a time when re...

By Staff reporter | Published: 09 July 2019

POLITICS

Zanu-PF suspends women's league boss

ZANU-PF Mashonaland East provincial women's league executive at the weekend fired their boss Nyarai Tsvuura over "misconduct" allegations.Tsvuura, who was appointed to the top position following the e...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Gweru rejects $200k roads plan

GWERU city fathers have rejected a deal put forward by the local authority's management to channel over $200 000 from its coffers to pay a private company to complete rehabilitation of roads in the de...

By Staff reporter | Published: 09 July 2019

OPINION

Zimbabwe economic crisis a silhouette of the political crisis

The enduring crisis in Zimbabwe presents a conundrum to a lot of people.To the generality of Zimbabweans,whose only desire is the pursuit of a dignified existence, the debilitating liquidity crunch, f...

By Learnmore Zuze | Published: 09 July 2019

POLITICS

Mutsvangwa loses US$25,000 to maid

Information minister Monica Mutsvangwa's housemaid was on Saturday taken to the Mutare Magistrates' Court on allegations of stealing US$25 000 given to the Cabinet minister for safekeeping.Tracy Manas...

By Staff reporter | Published: 09 July 2019

POLITICS

Villagers sidelined in food distribution: ZPP

Zanu-PF leadership and traditional leaders are marginalising rural dwellers in dire need of food aid by distributing handouts along partisan lines, the latest Zimbabwe Peace Project (ZPP) report has r...

By Staff reporter | Published: 09 July 2019

MINING & RETAIL

Govt to withdraw licences for profiteering businesses

GOVERNMENT is going to withdraw operating licenses of shops that are profiteering and give them to "patriotic" people, Defence and War Veterans Welfare deputy minister Victor Matemadanda has said.Spea...

By Staff reporter | Published: 09 July 2019

POLITICS

Gudyanga threatens to expose State

Former Mines ministry secretary Francis Gudyanga, who is accused of defrauding the State of more than US$1,6 million together with an Israeli company Nikuv, yesterday threatened to expose the State if...

By Staff reporter | Published: 09 July 2019

POLITICS

Chamisa's MDC to launch Zanu-PF like ideological school

MAIN opposition MDC says its soon-to-be-launched ideological school will change the scope of politics in the country by birthing a crop of leaders who will fully understand and articulate their polici...

By Staff reporter | Published: 09 July 2019

MINING & RETAIL

Zimbabwe mining industry set to generate US$3bn

Zimbabwe's mining industry expects to generate US$3 billion in revenue this year, which is short of government's US$4 billion target, an industry official has said.In 2018, the sector earned US$3,4 bi...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

'Zimdollar must be backed by production'

THE newly introduced Zimbabwe dollar should be backed by production to maintain value against major currencies and sustain strong economic activity in the country, economist, Dr Gift Mugano, has said....

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Bread supplies to improve

Bread supplies are set to improve in the coming days following the arrival of 19 000 tonnes of wheat which was bonded in Beira. The wheat was released after the Reserve Bank of Zimbabwe paid US$7 mill...

By Staff reporter | Published: 09 July 2019

POLITICS

'Public loses confidence in police force'

POLICE recorded an increase of 26 percent in road accidents and 20 percent in crimes of national concern in 2018. According to the Auditor General Mrs Mildred Chiri in her 2018 report, the failure by ...

By Staff reporter | Published: 09 July 2019

INDUSTRIALS & ENERGY

Currency reforms expected to stabilise fuel sector

THE re-introduction of the Zimbabwean dollar is expected to bring stability to the fuel sector as Government tightens fiscal and monetary policies to ease pressure on foreign currency demand, National...

By Staff reporter | Published: 09 July 2019

INDUSTRIALS & ENERGY

Drilling to begin next year in Muzarabani

ONE Gas Resources, the exploration partner of Invictus Energy Ltd in Zimbabwe's Muzarabani district, expects drilling to begin in the second half of next year, targeting an estimated 1.3 billion barre...

By Bloomberg | Published: 09 July 2019
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