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POLITICS

Mnangagwa flexes political muscle

Political analysts say President Emmerson Mnangagwa's new administration in which he dumped both friends and foes alike on Friday last week, demonstrates that he is determined to reset the government'...

By Staff reporter | Published: 10 September 2018

OPINION

Suggestions to Prof Mthuli Ncube from a keen fellow Economist

I am grateful that the key Ministry of Finance has been judiciously assigned to Prof Mthuli Ncube at a time such as this. I believe the Minister is well on course to transform the country's economic f...

By Prosper Munyedza | Published: 10 September 2018

POLITICS

Chamisa hits out at Mnangagwa

MDC Alliance leader Nelson Chamisa yesterday said he will continue putting pressure on President Emmerson Mnangagwa, even through protests, until he is recognised as the winner of the July 30 election...

By Staff reporter | Published: 09 September 2018

POLITICS

Grace Mugabe reveals Mnangagwa 'deal'

Former first lady Grace Mugabe has revealed how she struck an agreement with her husband to bury the hatchet with President Emmerson Mnangagwa after a bitter fallout last year.Grace, who was accused o...

By Staff reporter | Published: 09 September 2018

POLITICS

Zimbabwe police roadblocks return

The Zimbabwe Republic Police (ZRP) will from tomorrow launch a massive crackdown targeting unlicensed drivers and unregistered vehicles in a nationwide blitz that will signal the return of roadblocks,...

By Staff reporter | Published: 09 September 2018

FINANCIAL SERVICES

Insurance uptake high - Ipec

THE Insurance and Pensions Commission (Ipec) says Zimbabwe's insurance penetration rate is much higher than the figures reported by PricewaterhouseCoopers (PwC), which ranked the industry fifth in Afr...

By Staff reporter | Published: 09 September 2018

Micro-financiers dole out $87,3m in loans

MICRO-financial institutions (MFIs) disbursed $87,3 million in loans by the end of June, a huge jump from the previous quarter where they doled out $56 million.As at the end of March 2018, the loans w...

By Staff reporter | Published: 09 September 2018

MINING & RETAIL

Investors want proof

There are plenty of new and dormant coal projects in Zimbabwe, which can help improve the economy, says senior coal analyst Xavier Prévost.Zimbabwe has abundant coal resources of a high quality, as s...

By Mining Weekly | Published: 09 September 2018

BUSINESS NEWS

Bon Vie Medical Aid rolls out primary health facilities

NEWLY-FORMED health care services provider, Bon Vie Medical Aid Scheme has set sights at setting up numerous clinics across the country as part of its efforts to improving primary health care delivery...

By Staff reporter | Published: 09 September 2018

BUSINESS NEWS

Egodini to reopen in Nov 2019

THE developer of the much anticipated Egodini Bus Terminus, Terracotta Private Limited, has revealed that the first phase of the project will be open for trading by November 2019 as they work towards ...

By Staff reporter | Published: 09 September 2018

TRANSPORT & TOURISM

Low uptake for tourism fund

THE $15 million Tourism Revival Fund facility availed by the Reserve Bank of Zimbabwe (RBZ) to prop up the collapsing industry has been lying idle for about seven months with only three industry's pla...

By Staff reporter | Published: 09 September 2018

OPINION

Causes of liquidity crisis and its impact on economy

DURING the past week, the media has been awash with reports of price hikes of goods and some commodities running out on the market.Products ranging from cement to chickens and other basic commodities ...

By Dr Bongani Ngwenya | Published: 09 September 2018

MINING & RETAIL

Bilboes seeks to expand operations

A LOCAL privately-owned gold mining and exploration concern, Bilboes Holdings is seeking to expand its operations as it moves to ramp up its mineral production.Bilboes Holdings chief executive officer...

By Staff reporter | Published: 09 September 2018

BUSINESS NEWS

China pledges $60m for financing projects in Africa

CHINESE President Xi Jinping announced while officially opening the Beijing Summit of the Forum on China-Africa Co-operation (FOCAC) that his country was pledging $60 billion for financing various pro...

By Staff reporter | Published: 09 September 2018

BUSINESS NEWS

'Zimbabwe should look beyond US'

FORMER State Enterprises and Parastatals Minister Dr Gorden Moyo says the Government should not read much into the sanctions imposed on it by the United States of America but seek various ways of revi...

By Staff reporter | Published: 09 September 2018

BUSINESS NEWS

Saboteurs behind price increases

PRICE increases that were reported in the country last week were being fuelled by political and economic speculators who were aiming at scuttling the acceptance of President Mnangagwa's new Cabinet, a...

By Staff reporter | Published: 09 September 2018

MINING & RETAIL

Gold deliveries peak 24 tonnes in 7 months

THE country is poised to achieve its 30 tonnes gold production target for this year buoyed by the continued increase in deliveries of the yellow metal to Fidelity Printers and Refiners (FPR) by small-...

By Staff reporter | Published: 09 September 2018

BUSINESS NEWS

Zimbabwe mulls pension reforms

Zimbabwe is proposing pension reforms as it seeks to come up with an efficient pension system, according to a draft document compiled by the Insurance and Pension Commission.This comes amid challenges...

By Staff reporter | Published: 09 September 2018

FINANCIAL SERVICES

POSB to establish exporters' credit facility

The People's Own Savings Bank (POSB) says it will soon unveil a $10 million line of credit aimed at assisting exporters to secure foreign currency.A persistent trade deficit has plunged Zimbabwe into ...

By Staff reporter | Published: 07 September 2018

POLITICS

Mnangagwa God-given, says Grace Mugabe

Former President Robert Mugabe yesterday implored the nation to rally behind President Mnangagwa, saying his election victory in the July 30 harmonised elections legitimised his leadership. The remark...

By Staff reporter | Published: 07 September 2018

POLITICS

Chamisa, Mnangagwa lawyers join hand, fight in Wicknell's corner

INTRATREK Zimbabwe, founded by businessman Wicknell Chivayo, has filed a lawsuit at the High Court demanding $25 million from Zimbabwe Power Company (ZPC) in damages for alleged repudiation of a multi...

By Staff reporter | Published: 07 September 2018

TRANSPORT & TOURISM

ZTA wants to restore Bulawayo's tourism legacy

ZIMBABWE Tourism Authority (ZTA)'s chief executive Karikoga Kaseke yesterday said they were committed to restoring Bulawayo's tourism legacy.Addressing a media briefing, Kaseke said they were going to...

By Staff reporter | Published: 07 September 2018

POLITICS

Chamisa rally given green-light

BULAWAYO High Court judge Justice Nokuthula Moyo yesterday blasted Kwekwe police for blocking opposition MDC Alliance leader Nelson Chamisa's rally, which was supposed to be held in the Midlands capit...

By Staff reporter | Published: 07 September 2018

POLITICS

Mugabe in major climbdown over Mnangagwa

Former President Robert Mugabe yesterday made a major climbdown, saying said he now recognised President Emmerson Mnangagwa's leadership after the latter won the July 30 elections.Mugabe, who on the e...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Gweru vendors bow down to Joc blitz

ILLEGAL vendors in Gweru have piled pressure on council to regularise their operations following a blitz by the Joint Operations Command in conjunction with municipal police to flush them out of the c...

By Staff reporter | Published: 07 September 2018
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