POLITICS

ZBC demands $1,5m to air MDC adverts

ASPIRING MDC Alliance MP for Mbizo, Settlement Chikwinya has rebuked the Zimbabwe Broadcasting Corporation (ZBC) for allegedly demanding prohibitive advertising fees from the opposition.The opposition...

By Staff reporter | Published: 06 July 2018

OPINION

EcoCash crash shows the vulnerabilities of going cashless

Although mobile money has become the leading transaction platform in Zimbabwe, its weaknesses came into focus this week after the dominant EcoCash network in Zimbabwe went down for two days, and left ...

By Tawanda Karombo | Published: 05 July 2018

BUSINESS NEWS

Chivayo engages Mnangagwa

Controversial businessman Wicknell Chivayo says he could have completed the 100 megawatt (MW) Gwanda solar project in eight months had it not been for the Zimbabwe Power Company (ZPC) board's intransi...

By Staff reporter | Published: 05 July 2018

POLITICS

'Zanu-PF returns to violence'

Zanu-PF has launched a terror campaign in Manicaland with cases of violence being recorded in Nyanga with fearsome intimidation and threats for a repeat of the 2008 violent clampdown of opposition sym...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

'No Zimdollar return'

The Reserve Bank of Zimbabwe (RBZ) has refuted claims circulating on social media about the reintroduction of the banished local unit.Social media sites such as WhatsApp, Facebook and Twitter were awa...

By Staff reporter | Published: 05 July 2018

POLITICS

Mnangagwa's security to be drastically tightened

President Emmerson Mnangagwa's close protection will be drastically tightened following a botched "attempted assassination" of the head of State at a rally in Bulawayo, the Zimbabwe Defence Forces has...

By Staff reporter | Published: 05 July 2018

POLITICS

ConCourt outlaws attachment of state property

State property remains immune from attachment and execution following a ruling by the Constitutional Court with the consent of involved parties.The bench led by Deputy Chief Justice Elizabeth Gwaunza ...

By Staff reporter | Published: 05 July 2018

OPINION

Impact of illicit financial flows on socio economic development

While the "Zimbabwe is open for business" mantra is good in attracting foreign investors the government of Zimbabwe need to step up efforts to curtail illicit financial flows (IFFs) by enforcing anti ...

By Davison Kaiyo | Published: 05 July 2018

Chamisa threatens to pull out of election

One of Zimbabwe's opposition leaders has threatened to boycott this month's general election after claiming that ballot papers have been rigged to favour President Emmerson Mnangagwa.Nelson Chamisa, o...

By Financial Times | Published: 05 July 2018

BUSINESS NEWS

ZAMCO to dispose debt assumption-linked equity

THE Zimbabwe Asset Management Company (ZAMCO) - a Reserve Bank of Zimbabwe debt assumption vehicle - has said it will not hold equity for long periods in companies it assumed shareholding through deb...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Zimbabwe needs fiscal devaluation measures

ZIMBABWE needs to come up with fiscal devaluation measures if it is to ratify the African Continent Free Trade Area (AfCFTA) and operate competitively under the agreement, experts have warned.Fiscal d...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

60% of Zimbabwe's taxpayers in default

The Zimbabwe Revenue Authority (ZIMRA) has been hit by low tax compliance levels as 60 percent of registered taxpayers are not remitting their dues, a senior official said.ZIMRA commissioner-general F...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Zimbabwe cash crisis 'killing business'

THE uncertainty around regional budget airline Fastjet's future partly due to unremitted cash from its Zimbabwean operations  has added credence to the view that Harare's currency problems "are k...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Mnangagwa open to domestic capital

PRESIDENT Emmerson Mnangagwa says his government is committed to attracting and promoting domestic capital the same way it is promoting foreign direct investment. This was after several economic exper...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Zinara makes bizarre appointment

THE Zimbabwe National Roads Administration (Zinara) has bizarrely appointed its company secretary Mathlene Mujokoro as acting chief executive officer following the suspension of Nancy Masiyiwa.Masiyiw...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Makuti-Chirundu highway deal to create 250 jobs

A DEAL signed by Zimbabwe and Japan last week to improve steep gradients on the Makuti-Chirundu section of the north-south corridor will create 250 jobs, according to a statement by the Ministry of Fi...

By Staff reporter | Published: 05 July 2018

POLITICS

Mukupe slapped with another default judgment

HIGH Court judge Justice Edith Mushore yesterday gave troubled Finance deputy minister Terrence Mukupe until July 18 to settle his $32 593 debt with Trust Bank loan or face civil imprisonment.Justice ...

By Staff reporter | Published: 05 July 2018

POLITICS

Chamisa ready to die

MDC Alliance leader Nelson Chamisa is prepared to go to jail or die fighting for a free and fair election, which he said was now unlikely due to an alleged "unholy" alliance between the Zimbabwe Elect...

By Staff reporter | Published: 05 July 2018

POLITICS

Zimbabwe army to review Mnangagwa's security

President Emmerson Mnangagwa's close protection will be drastically tightened following a botched "attempted assassination" of the head of state at a rally in Bulawayo, the Zimbabwe Defence Forces has...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Industry targets $7bn revenue

Zimbabwe's manufacturing industry is mulling a plan its contribution to $7 billion by 2030, as it aligns with government's ambitious plan to reverse economic turmoil. The 20 percent contribution will ...

By Staff reporter | Published: 05 July 2018

EDUCATION

Govt vows to proceed with public exam

GOVERNMENT has vowed to proceed with the November Zimbabwe School Examinations Council (ZIMSEC) final Science practical examinations as scheduled despite demands by a teachers group to suspend sitting...

By Staff reporter | Published: 05 July 2018

POLITICS

Madhuku's candidates blocked by ZEC

PROFESSOR Lovemore Madhuku's NCA says it only managed to field 72 candidates to contest for the national assembly seats this July with the rest blocked from filing their papers during nomination last ...

By Staff reporter | Published: 05 July 2018

POLITICS

Undenge demands Mnangagwa arrest

FRAUD accused former Energy Minister, Samuel Undenge went ballistic and demanded President Emmerson Mnangagwa's arrest as he took to the dock Wednesday to defend claims of prejudicing the Zimbabwe Pow...

By Staff reporter | Published: 05 July 2018

POLITICS

Mnangagwa opens up on bomb scare

President Mnangagwa has for the first time opened up on circumstances surrounding his 1964 arrest after bombing the Rhodesian steam locomotive in Fort Victoria (now Masvingo), revealing how he was for...

By Staff reporter | Published: 05 July 2018

POLITICS

Chamisa appointed ZEC commissioners

MDC Alliance leader Mr Nelson Chamisa yesterday revealed that he played a crucial role in the appointment of commissioners to the Zimbabwe Electoral Commission (ZEC), which today he condemns as lackin...

By Staff reporter | Published: 05 July 2018

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