INDUSTRIALS & ENERGY

Astra to rebrand after acquisition

Astra to rebrand after acquisitionAstra Industries is expected to rebrand after its recent acquisition by a Tokyo-listed firm, Kansai Plascon Africa, which is expected to be unveiled to the market in...

POLITICS

Zimbabwe's indigenisation law has flaws

A local think-tank has said Zimbabwe's indigenisation and economic empowerment law has no provision granting the responsible minister to revoke operating licences from foreign companies defying the re...

BUSINESS NEWS

Supreme Court defers Zim dollar case

The Supreme Court yesterday deferred to tomorrow the case which some 39 workers who were unlawfully dismissed from work in 2005 are seeking to recover their damages in United States dollars.Chief Just...

FINANCIAL SERVICES

Tetrad Inv Bank accused of abusing clients' funds

Tetrad Investment Bank has been taken to court for allegedly withdrawing its client's money without the authority  of the account holders.The bank was summoned to appear at the Harare Magistrate...

MINING & RETAIL

Ziscosteel disposal to Essar is on track

ACQUISITION of controlling shareholding in Ziscosteel by Mauritius based Essar Holdings will be expedited now that President Mugabe has appointed Cabinet, newly appointed Industry and Commerce Minist...

MINING & RETAIL

Zimbabwe to promote investment into the mining sector

NEW Mines and Mining Development Minister Walter Chidhakwa yesterday said mining contributes significantly to the economic growth of Zimbabwe in a number of ways.Speaking shortly after being sworn in,...

BUSINESS NEWS

Zanu-PF has a mountain to climb in turning around the economy

Newly appointed Finance minister Patrick Chinamasa yesterday admitted that the Zanu-PF-led government has a mountain to climb in turning around the fortunes of the economy as the country is still und...

POLITICS

Zim govt to prioritise economic growth

Newly appointed Finance Minister Patrick Chinamasa says government's priority would be growing the domestic economy and increasing participation of indigenous people in mainstream economic activities....

BUSINESS NEWS

Harare's Long Cheng Plaza Shopping Mall completed

Tenants are now moving into the completed $84 million Long Cheng Plaza shopping mall opposite the National Sports Stadium while the plaza is looking for occupants for the remaining space. Some tenants...

LANDS & AGRICULTURE

Zanu-PF orders Tongaat Hullet to surrender plantations

The Zanu-PF Masvingo provincial leadership has ordered sugar cane growing giant Tongaat Hullet to immediately surrender over 6 000 hectares of cane plantations at Triangle that will be allocated to la...

ASIA PACIFIC

Toyota to sell first hydrogen fuel cell car in 2015

Though everyone thought we were decades away from this, Japanese automaker Toyota plans to unveil its first-ever commercially produced hydrogen fuel cell car in January in Las Vegas, and it will hit t...

AFRICA NEWS

Nigerian president sacks nine ministers

LAGOS - Nigerian President Goodluck Jonathan has sacked nine ministers in his first major cabinet reshuffle since winning an election more than two years ago, a presidency spokesman said on Wednesday....

BUSINESS NEWS

New executive secretary for ACBF

Harare-based African Capacity Building Foundation (ACBF) has appointed a new executive secretary of the ACBF secretariat Dr Emmanuel Nnadozie. Dr Nnadozie, a Nigerian national whose work spans over 20...

OPINION

Zimbabwe Cabinet, what to expect

The announcement of the cabinet has set the ball rolling on the anticipations that all economic agents have on the new appointees. Now that economic agents know who will head what, there is anxiety on...

AFRICA BUSINESS

Sasol to make decision on Mozambique projects

JOHANNESBURG - PETROCHEMICALS company Sasol has yet to make a decision on whether to proceed with investments in developing two commercial oil and gas fields in Mozambique.Group CEO David Constable sa...

CONSTRUCTION & PROPERTY

Zimre Property Investment happy with return from projects

ZIMRE Property Investments Limited is pleased with the rate at which they are recovering the returns from their two projects in Harare and Masvingo.The company has to date sold a total of 303 stands ...

POLITICS

Mugabe swears in new Cabinet

President Mugabe today swore in his 26-member Cabinet of ministers, their deputies and several minister of state at a colourful ceremony held at State House in the presence of the ministers' friends a...

INDUSTRIALS & ENERGY

NewsDay set to retrench staff

Alpha Media Holdings (AMH) is restructuring its operations in editorial, advertising and distribution departments which could result in some positions with the organisation being made redundant.AMH C...

AFRICA BUSINESS

Gold wage hikes cost SA gold sector R1.5bn

Johannesburg -The Chamber of Mines said on Wednesday that wage settlements in the gold sector would amount to R1.5bn in extra costs for companies over the next 12 months.Companies and unions agreed to...

ZSE TODAY

ZSE shares extended gains after Cabinet appointments

ZSE shares extended gains on Wednesday after the appointment of new Cabinet yesterday and their swearing in this morning.Investors however remained cautious ahead of policy pronouncements by the new g...

AMERICAS

Apple unveils new iPhone 5s and 5c

Apple has unveiled two new iPhones: the 5S, which has a significantly faster processor and an extremely cool feature in the fingerprint sensor, and the budget 5C version.These are the phones the compa...

TELECOMS & TECHNOLOGY

Liquid connects Zimbabwe to West Africa

ECONET WIRELESS-OWNED internet access provider and internet service provider Liquid Telecom recently announced that it has completed the country's first direct fibre connection to the West African Ca...

TRANSPORT & TOURISM

RTG launches a new jingle

Rainbow Tourism Group has launched a new jingle that is centred on their payoff line "Whithersoever, whensoever with RTG life is nice" and their dancing in the rain thrust. Dancing in the rain was tak...

TRANSPORT & TOURISM

RTG launches 'Stay now, pay later' scheme

ZSE-listed Rainbow Tourism Group yesterday scored a first in the hotel industry when it launched a new package, "Stay now, pay later", that allows individuals and organisations to book into the hotel ...

Zimbabwe Cabinet - Full list

Ignatius Chombo - Local Government Public Works and National HousingEmmerson Mnangagwa - Justice, Legal and Parliamentary AffairsPatrick Chinamasa - FinanceDzikamai Mavhaire - Energy and Power Develop...