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MINING & RETAIL

African govts fight 'conflict diamonds' resolution

AFRICAN governments led by South Africa are fighting tooth and nail to stop the passing of a resolution by the Kimberly Process to expand the definition of "conflict diamonds", it has been learnt.Civi...

By Staff reporter | Published: 15 November 2018

BUSINESS NEWS

Mnangagwa to monitor companies allocated forex by RBZ

GOVERNMENT has proposed the establishment of a Foreign Currency Utilisation Monitoring Mechanism to monitor companies that receive foreign currency from the central bank.Addressing a Press briefing af...

By Staff reporter | Published: 15 November 2018

POLITICS

Gaddafi son now seeking political asylum in Zimbabwe

AN adopted son of the late Libyan ruler, Muammar Gaddafi, Abhallha Mone Moussa Moummare, is now considering seeking political asylum in Zimbabwe after spending three years in remand prison without tri...

By Staff reporter | Published: 15 November 2018

POLITICS

Undenge's trial deferred

The trial of former Energy minister Samuel Undenge, who is facing allegations of corruption, was yesterday moved to November 19 due to non-availability of the State's last witness.While seeking a post...

By Staff reporter | Published: 15 November 2018

POLITICS

Chamisa arrest imminent?

POLICE say they are still clueless as to the identity of people who shot and killed six unarmed civilians in post-election violence on August 1, but warned they would soon arrest MDC leader Nelson Cha...

By Staff reporter | Published: 15 November 2018

MINING & RETAIL

Modi invited to India gold summit

THE Deputy Minister of Industry and Commerce, Raj Modi, has been invited by the Gem and Jewellery Export Promotion Council of India (GJPEC) to participate in the second edition of the India Gold and J...

By Staff reporter | Published: 15 November 2018

MINING & RETAIL

Zimplats spends $72million on Bimha Mine

ZIMBABWE'S largest platinum producer, Zimplats, has spent $72 million of the $101 million that was set aside for the redevelopment of Bimha Mining project, one of the company's mines. In a production ...

By Staff reporter | Published: 15 November 2018

MINING & RETAIL

Zimbabwe courts diamond buyers in Belgium

Mines and Mining Development Minister Winston Chitando, who is leading a Zimbabwean delegation attending the Kimberly Process meetings in Belgium, yesterday visited Antwerp World Diamond Centre to cou...

By Staff reporter | Published: 15 November 2018

SOCCER

Fifa investigating Chiyangwa?

Zifa president Phillip Chiyangwa yesterday threatened to sue blogger, Hope Chizuzu who claimed on social media recently that he is in office illegally. Chizuzu, who is also a Harare City FC official s...

By Staff reporter | Published: 15 November 2018

BUSINESS NEWS

3 money changers appear in court

THREE suspected money changers, all women, appeared in court yesterday for allegedly violating the country's Exchange Control regulations. Thelma Moyo, Chipo Muteswa and Rebecca Kurekwechuma appeared ...

By Staff reporter | Published: 15 November 2018

BUSINESS NEWS

Money changers desert Bulawayo streets

ILLEGAL money changers in Bulawayo have devised new tricks to evade arrest following President Emmerson Mnangagwa's promulgation of new regulations that may see offenders being jailed for up to 10 yea...

By Staff reporter | Published: 15 November 2018

POLITICS

Chiwenga aligned war vets gun for Mutsvangwa

WAR veterans in Mashonaland West province on Tuesday resolved to recall Zimbabwe National Liberation War Veterans Association chairperson Christopher Mutsvangwa on allegations of sowing divisions. Mut...

By Staff reporter | Published: 15 November 2018

BUSINESS NEWS

Government calls rogue pharmacies to order

GOVERNMENT has directed pharmacies to stop demanding foreign currency from patients for drugs which are now available locally through NatPharm. In an interview at the close of the 67th East, Central a...

By Staff reporter | Published: 15 November 2018

POLITICS

3 witnesses nail Komichi

Three witnesses have so far testified against MDC-Alliance vice president Morgen Komichi outlining to the court how he contravened the Electoral Act during the announcement of presidential election re...

By Staff reporter | Published: 15 November 2018

MINING & RETAIL

Mimosa to up production

ZVISHAVANE-based platinum mine, Mimosa, is set to increase its production to 270 000 tonnes per month from 230 000 tonnes which the company is producing. In an interview during a media tour of the min...

By Staff reporter | Published: 15 November 2018

TELECOMS & TECHNOLOGY

CardEx, Entrust Datacard partner for Zimbabwe market

Electronic card producer CardEx, has partnered a United Arab Emirates-based firm Entrust Datacard with a view to entering the Zimbabwean market. There has been growing demand for electronic cards on t...

By Staff reporter | Published: 15 November 2018

TRANSPORT & TOURISM

Zimbabwe braces for tourist boom

Government is putting in place measures to accommodate the influx of tourists expected after Zimbabwe was named one of the best countries in the world to visit in 2019, a Cabinet minister has said. En...

By Staff reporter | Published: 15 November 2018

Steelmakers in trouble over debt

Steelmakers Zimbabwe (Private) Limited in Redcliff, Kwekwe is being sued over a debt owed to an oxygen cylinder supplier.This comes after the two parties signed a deal in early 2016 which later collap...

By Staff reporter | Published: 30 September 2018

INDUSTRIALS & ENERGY

Simbisa postpones LSE listing

SIMBISA Brands has postponed its planned secondary listing on the London Stock Exchange (LSE)'s Alternative Investment Market (AIM) to a later date.The country's largest fast-food restaurant operator ...

By Staff reporter | Published: 30 September 2018

BUSINESS NEWS

Illicit trading exaggerates trade deficit

ZIMBABWE's persistent trade deficit has been magnified by unstated foreign trade activity, the country's national statistical agency has said.In recent years, the southern African country has run syst...

By Staff reporter | Published: 30 September 2018

BUSINESS NEWS

Zimbabwe still awaits mega deals

LOCALLY, thousands have called him a hero for toppling the only leader Zimbabwe has known for almost four decades.Abroad, investors are, for the first time in decades, considering Zimbabwe as an inves...

By Staff reporter | Published: 30 September 2018

BUSINESS NEWS

Zimra mulls debt write-offs

THE Zimbabwe Revenue Authority (Zimra) says it is mulling several debt management strategies including write-offs following recent lapse of a tax moratorium.Highlighting tax defaults had continued ris...

By Staff reporter | Published: 30 September 2018

BUSINESS NEWS

Aiden Mhere declared Chartered Secretary of the Year

Hippo Valley Estates acting chief executive officer, Aiden Mhere, has been declared the 2017 Chartered Secretary of the Year. The runner-up is Posts and Telecommunications Regulatory Authority of Zimb...

By Agencies | Published: 30 September 2018

POLITICS

Chamisa hit with Zanu-PF's $3,2m court bill

MDC-Alliance president Mr Nelson Chamisa's stunt to challenge President Emmerson Mnangagwa's victory in the July 30 polls, even against the advise from some sections in the opposition party's grouping...

By Staff reporter | Published: 30 September 2018

POLITICS

Tsvangirai's 'widow' loses cars, faces arrest

AQCUILINIA Kayidza Pamberi, the woman who in 2011 was among a host of women suspected to be in an affair with the late  MDC leader Morgan Tsvangirai, has fallen on hard times.Pamberi, who is base...

By Staff reporter | Published: 30 September 2018
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