WORK on the expansion of the Hwange Power Station Stage 7 and 8 expansion is on track with 26 percent ground work having been covered so far, Sunday Business has learnt.The Government contracted Chine...
By Staff reporter | Published: 22 October 2019
President Mnangagwa yesterday challenged the Harare Institute of Technology (HIT) and other local universities to become centres of economic revival leveraging on technology. He said it was important ...
By Staff reporter | Published: 22 October 2019
Axed Old Mutual CEO Peter Moyo says there is no punishment befitting Old Mutual directors other than six months' jail time, without the option of a fine, on the contempt of court charges he lodged aga...
By Staff reporter | Published: 18 October 2019
The spectre of sustained high inflation remains a real threat after Zimbabwe's annual broad money grew 81 percent to $17 billion in the 12 months to July 2019 driven by growth in foreign currency acco...
By Staff reporter | Published: 18 October 2019
Zimbabwe failed to raise the targeted amount through Treasury Bills in the last two auctions, underlining the huge disconnect between inflation "realities" being experienced by investors and expectati...
By Staff reporter | Published: 18 October 2019
The Zimbabwe Stock Exchange (ZSE) is incredibly cheap at the moment and provides a viable and liquid hedge for long term savings such as pension funds, which are at risk of being wiped out by raving i...
By Staff reporter | Published: 18 October 2019
The Zimbabwe dollar is expected to largely stabilise next year before it starts firming against the US dollar on the back of growing confidence in the domestic currency.The local currency would fall t...
By Staff reporter | Published: 18 October 2019
The Reserve Bank of Zimbabwe released its monthly economic review documents for July 2019. The publication gives a general overview of a wide range economic statistics. The monetary statistics are a k...
By Staff reporter | Published: 18 October 2019
The ZSE closed the week's trading with a 0.1% loss after moderate losses in some of the highly capitalized counters offset weak gains in other stocks as the market continues to search for a stimulus t...
By Staff reporter | Published: 18 October 2019
Zimbabwe's travel and tourism sector business levels in the first 9 months to September recorded a 5% and 10% drop respectively when compared to the same period last year, with industry officials attr...
By Staff reporter | Published: 18 October 2019
PRESIDENT Emmerson Mnangagwa has kept to his word and resisted the temptation to take revenge on former first lady Grace Mugabe who terrorised him in 2017 and also humiliated him last month after her ...
By Staff reporter | Published: 18 October 2019
GOVERNMENT has engaged Embraer over delays in releasing crucial operating manuals for its Embraer ERJ145, six months after taking delivery of the aircraft from the manufacturer, the Zimbabwe Independe...
By Staff reporter | Published: 18 October 2019
RESERVE Bank of Zimbabwe (RBZ) deputy governor Jesimen Chipika has urged banks to focus on savings deposits in order to enhance financial support to the productive sectors.Productive sectors of agricu...
By Staff reporter | Published: 18 October 2019
AIR Zimbabwe (AirZim) is using sub-standard business and aviation software instead of recommended enterprise tools owing to the airline's failure to pay service providers, the Zimbabwe Independent can...
By Staff reporter | Published: 18 October 2019
Zimbabwe's telecommunications industry is on the verge of obtaining tangible investments from India following a platform the industry had to outline possible lucrative opportunities for business ventu...
By Staff reporter | Published: 18 October 2019
PRESIDENT Emmerson Mnangagwa yesterday threatened 'troublesome' union leaders reported to be inciting the strike by doctors at public health institutions."Last month we gave them an increment twice, b...
By Staff reporter | Published: 18 October 2019
Cassava Smartech, an Econet spinoff, recently launched Sasai, a mobile application which mirrors China's WeChat. Of course, it is a first by Africa, but odds are highly-staked against its success.Ther...
By Respect Gwenzi | Published: 18 October 2019
President Emmerson Mnangagwa (pictured) yesterday urged companies and producers to export 20% of their produce to the foreign markets, but retain 80% for local markets.Mnangagwa made the remarks while...
By Staff reporter | Published: 18 October 2019
MINISTRY of Energy secretary Gloria Magombo was yesterday grilled by Parliament over issues of rebundling of Zesa with MPs questioning why an institution that was recently unbundled was now being rebu...
By Staff reporter | Published: 18 October 2019
ZIMBABWE businesses, grappling with the realities of hyperinflation and exchange rate induced losses, have pressed the panic button over worsening macro-economic conditions in the country, with severa...
By Phillimon Mhlanga | Published: 18 October 2019
THE World Bank (WB) has warned that Zimbabwe's economy faces massive turmoil unless the country gets much-needed international assistance urgently, the Daily News reported. This comes as the country i...
By Staff reporter | Published: 18 October 2019
PARLIAMENT has docked the allowances of opposition MDC legislators as punishment for walking out on President Emmerson Mnangagwa's State of the Nation Address (Sona) last month, the Daily News reporte...
By Staff reporter | Published: 18 October 2019
THE hearing of a Supreme Court appeal by MDC leader Nelson Chamisa in which he is seeking to overturn a High Court ruling nullifying his presidency of the country's biggest opposition party continues ...
By Staff reporter | Published: 18 October 2019
FORMER Zanu-PF central committee member Munyaradzi Right Banda was hauled before the courts for allegedly bashing his wife be- cause she had attended a friend's party. Banda, 51, was released on free ...
By Staff reporter | Published: 18 October 2019
MDC secretary for elections Jacob Mafume, pictured, has said the party will use all legal channels to make sure that people in the diaspora vote in 2023. Mafume told the Daily News that his party will...
By Staff reporter | Published: 18 October 2019
Shamu praises Mnangagwa's SADC leadership 
South Africa is in serious trouble 
US halts visa services for Zimbabwean nationals 
ZSE pushes for another equities tax cut to boost selloffs 
Gold edges up as traders await guidance 
Inside Buhera's hidden cost of lithium 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
