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BUSINESS NEWS

Power boost for Zimbabwe

CONSTRUCTION of the multi-million 1 000km-long 400-kilovolt powerline from Mozambique through Zimbabwe to South Africa, a major integral part of the Southern African Power Pool (Sapp), is expected to ...

By Staff reporter | Published: 15 July 2017

LANDS & AGRICULTURE

Middlemen rip off communal farmers

COMMUNAL farmers in rural areas are reportedly being ripped off by middlemen, who armtwist them into selling a tonne of maize for less than $200, only for them to resell it at the Grain Marketing Boar...

By Staff reporter | Published: 15 July 2017

TRANSPORT & TOURISM

NRZ loses wagons worth $1.6m to fire

THE National Railways of Zimbabwe (NRZ) lost wagons worth about $1,6 million in two fire incidents yesterday and on Thursday night.The Bulawayo Fire Brigade Chief Fire Officer, Mr Richard Petersen, co...

By Staff reporter | Published: 15 July 2017

MINING & RETAIL

Mzi Khumalo's company 'externalises' $30m

Metallon Gold Zimbabwe (Pvt) Ltd, owners of How Mine near Bulawayo and other gold mines in the country, has been taken to court on allegations of externalising more than $30 million.Preminent South A...

By Staff reporter | Published: 15 July 2017

BUSINESS NEWS

Prominent Bulawayo businessman dies

BULAWAYO businessman Dickson Netsha Sibanda, popularly known as DN Sibanda in business circles, has died.He was 77.Family spokesperson Mr Sam Ncube, who is also Affirmative Action Group (AAG) vice pre...

By Staff reporter | Published: 15 July 2017

INDUSTRIALS & ENERGY

CFI boss at the centre of cash scandal

An internal audit centred on whether CFI Holdings deputy chief executive Shingirayi Chibhanguza, who represents the interest of Nicholas Van Hoogstraten in the group, could have misused US$200 000 in ...

By Staff reporter | Published: 15 July 2017

POLITICS

Mugabe two sons evicted in Joburg

PRESIDENT Robert Mugabe's sons, Robert Junior and Chatunga Bellarmine-notorious for a wild partying lifestyle - were recently evicted from a luxurious apartment in South Africa's most affluent area of...

By Staff reporter | Published: 14 July 2017

FINANCIAL SERVICES

Zimbabwe faces financial meltdown

GOVERNMENT is facing a fiscal meltdown triggered by excessive borrowing that has crowded out private sector lending, while destabilising the banking sector at the same time, it has been established.Zi...

By Staff reporter | Published: 14 July 2017

FINANCIAL SERVICES

Zimbabwe banks see profits skyrocket

Zimbabwean banks are seeing their profits skyrocket despite the tough operating environment, making more money from trading and mostly electronic transactions, financial research firm Equity Axis has ...

By Staff reporter | Published: 14 July 2017

BUSINESS NEWS

British diplomats raise red flag over Zimbabwe debt clearance plan

British diplomats in Harare have privately expressed serious concerns over Zimbabwe's plans to mortgage gold reserves to guarantee a syndicated long-term loan arranged by the African Export and Import...

By Staff reporter | Published: 14 July 2017

BUSINESS NEWS

Zimbabwe, Malaysia form business network

Local entrepreneurs have strengthened their business relations with their Malaysian counterparts by forming a business network which will benefit the two countries.Market linkages is considered one of...

By Staff reporter | Published: 14 July 2017

AFRICA BUSINESS

SA's new mining charter suspended

The South African Chamber of Mines advises that the Minister of Mineral Resources, Mosebenzi Zwane, has given a written undertaking that the Minister and the Department of Mineral Resources (DMR), wil...

By Staff reporter | Published: 14 July 2017

JOB: Resource Mobilization Officer

Resource Mobilization Officer: Institute of Creative Arts for Progress in Africa (ICAPA)Deadline: 12 noon 31 July 2017The Resource Mobilization Officer is responsible for building an increasingly, div...

By JOB | Published: 14 July 2017

JOB: GBV Survivors' Shelter Matron: FACT

GBV Survivors' Shelter Matron: FACTDeadline: 21 July 2017Location: Mutasa District Position summaryReporting to the Programme Officer the matron will be expected to ensure the smooth running of the sh...

By JOB | Published: 14 July 2017

JOB: Research Administrative Assistant - Pari CRSs

Research Administrative Assistant - Pari CRSsUZCHS -CTU University of Zimbabwe College of Health Science - Clinical Trials UnitDeadline: 19 July 2017UZCHS -CTU University of Zimbabwe College of Health...

By JOB | Published: 14 July 2017

JOB: Photographer: Africa AHEAD

Photographer: Africa AHEADDeadline: ASAP!Africa AHEAD is looking for the services of a photographer for a week on their project sites in September. Please send CV urgently to: regis@africaahead.com...

By JOB | Published: 14 July 2017

Agriculture Student: Organic Africa

Agriculture Student: Organic AfricaDeadline: 19 July 2017Start date: 24 July 2017Majoring in Crop science, Agronomy or Horticulture.Please send your motivational letter and current CV to Diana Mukuu: ...

By OA | Published: 14 July 2017

Several Internships Available: Save the Children International

Several Internships Available: Save the Children InternationalDeadline: COB 19 July 2017Location: HarareDuration of Internship: 1 September 2017 to 31 August 2018 [1 August 2017 to 31 July 2018 for Ch...

By Save Zimbabwe | Published: 14 July 2017

JOB: Child well-being tracking officer

Child wellbeing tracking officerReference 7615-12N26090Location Africa - Zimbabwe Town/CityFilabusiApplication Deadline Date28-Jul-17Category Sponsorship TypeFixed term, Full-time International RoleNo...

By World Vision | Published: 14 July 2017

WASH Specialist - Fixed Term Contract - open to Zimbabweans only

WASH Specialist, (NO-3), Harare, Zimbabwe (2 years Fixed Term Contract, open to Zimbabwe nationals only)Job no: 504764Position type: Fixed Term StaffLocation: ZimbabweDivision/Equivalent: Nairobi Regn...

By WASH | Published: 14 July 2017

JOB: Finance Assistant: UNDP

Finance Assistant: UNDPDeadline: 23 July 2017Under the overall guidance of the Deputy Country Director - Operations and direct supervision of the UN Health Manager, the Finance Assistant provides adm...

By UNDP | Published: 14 July 2017

ZSE TODAY

Market Commentary 14 July 2017

INDUSTRIALSThe Industrial Index gained 0.36 points (0.18%) to close the week at 198.41 points as two counters gained ground. HIPPO (HIPO.zw) added $0.0250 to close at $0.8500 while  AXIA (AXIA.z...

By zse | Published: 14 July 2017

AFRICA NEWS

'Zuma used lies to oust me,' says Mbeki

Johannesburg - Former president of South Africa Thabo Mbeki has resurrected the ghosts of the ANC's elective conference in Polokwane, saying lies were used to oust him. Mbeki was speaking during a mor...

By Staff reporter | Published: 14 July 2017

AFRICA BUSINESS

Richemont in trouble as luxury watch chief quits

Zurich - Swiss luxury-goods maker Richemont's head of watchmaking, once seen as a candidate to lead the entire company, is leaving less than four months after a management reorganisation put him in co...

By Staff reporter | Published: 14 July 2017

POLITICS

Grace Mugabe's dam grab scandal deepens

FIRST Lady Grace Mugabe, who has grabbed the iconic Mazowe Dam and large tracts of land in the scenic Mazowe valley, has imposed an unofficial curfew in the area.This comes amid revelations Mashonalan...

By Staff reporter | Published: 14 July 2017

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