BUSINESS NEWS

Tobacco farmers earn $164 million

Tobacco farmers have received $163,8 million after delivering 58,3 million kg to the floors during the first 25 days of the 2018 tobacco marketing season giving them a price rise of 3,6 percent.In 201...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Harare traffic lights dysfunctional

MOST traffic lights in Harare are malfunctioning, exposing motorists and other road users to accidents and unnecessary traffic jams.A snap survey by The Herald recently showed some of the traffic ligh...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

'Zimbabwe economy poised for fast growth'

Zimbabwe is poised to be among the fastest growing economies in Africa in the next 10 years if the people remain united, visiting Chinese vice chairman of China-Africa Business Council, Mr HuaRong Zha...

By Staff reporter | Published: 02 May 2018

POLITICS

Minister condemns machete attacks

Midlands Provincial Affairs Minister Owen Ncube has urged police to deal decisively with criminals behind machete attacks that have resurfaced in Kwekwe.Speaking during the launch of the Kwekwe Road R...

By Staff reporter | Published: 02 May 2018

POLITICS

Ex-Zanu-PF MP destroy ballot papers

Former Zanu-PF Chivi North legislator Tranos Huruva faces arrest after he allegedly stormed a polling centre in the constituency where people were voting in the ruling party primary elections and dest...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Chicks deal goes sour

A LOCAL poultry distributor, who allegedly duped his client and delivered road runner chicks instead of broilers after pocketing $2 700, has been arraigned before the courts.Joseph Maronga (44) of Chi...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Masiyiwa hails Chiwenga

Econet founder Mr Strive Masiyiwa has hailed Vice President Constantino Chiwenga for visiting the company's stand at the just-ended Zimbabwe International Trade Fair (ZITF), saying for the first time ...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Knives out for Gono

Former Reserve Bank of Zimbabwe Governor Dr Gideon Gono should stop tarnishing the image of the Zimbabwe National Army and admit that he fuelled inflation by printing money during his reign as the cen...

By Staff reporter | Published: 02 May 2018

POLITICS

Cabinet sits today

Chief Secretary to the President and Cabinet Dr Misheck Sibanda yesterday advised Cabinet members that the next Cabinet meeting will be held today.In a statement issued yesterday through principal dir...

By Staff reporter | Published: 02 May 2018

POLITICS

Mnangagwa speaks on Zanu-PF primaries

Zanu-PF has planted a seed of internal party democracy by holding primary elections in a different manner, and whatever challenges faced are part of efforts at firmly rooting democratic ethos in the r...

By Staff reporter | Published: 02 May 2018

POLITICS

Chamisa challenges Khupe verdict

MDC-T's controversially appointed president Mr Nelson Chamisa, who last week cast aspersions on the Judiciary, is now contesting a High Court verdict allowing his rival Dr Thokozani Khupe to use the p...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Mnangagwa commissions $3.5m plant

President Mnangagwa yesterday commissioned a $3,5 million Splash Paints and Plastics plant in Harare and challenged all sectors of the economy to be active contributors to foreign currency generation....

By Staff reporter | Published: 02 May 2018

POLITICS

'Chamisa ill-advised on court route'

MDC Alliance presidential candidate Nelson Chamisa and his MDC party are ill-advised in attacking the judiciary on the outcome of a recent urgent application filed by his party in which they sought to...

By Staff reporter | Published: 02 May 2018

POLITICS

Bigwigs fall in Zanu-PF primaries

Zanu-PF's National Elections Commission (NEC) was last night still receiving results of the revolutionary party's primary elections amid reports that some bigwigs had fallen by the wayside.There were ...

By Staff reporter | Published: 02 May 2018

POLITICS

Workers need protection, says Mnangagwa

President Mnangagwa yesterday said a cocktail of reforms to the labour law being crafted by Government were part of his administration's commitment to creating a safe and enabling environment for work...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Serious work to revive NRZ begins

SERIOUS work to revive the National Railways of Zimbabwe is set to start in the near future amid indications that all outstanding legal issues to the $400 million recapitalisation deal are to be seale...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

TelOne equips staff on network modernization

TelOne is rallying all its staff to deliver top drawer service to its clients to complement the new network capabilities that have arisen from its network modernisation project. The company recently c...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

UAE pledges to support Zimbabwe

The United Arab Emirates (UAE) has pledged to support government in its economic recovery plan which is underpinned by the Zimbabwe is open for business mantra. The pledge for support was made at the ...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Traders reject bond coins

SOME retail shops are now rejecting bond coins as the surrogate currency introduced by the Reserve Bank of Zimbabwe (RBZ) in 2014 continues to lose value on the parallel market.Confederation of Zimbab...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Govt seals airport upgrade funding

Government has secured US$153 million from China for the expansion of the Harare International Airport with reconstruction work set to start in November.The China Export Import Bank has extended the l...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Airlines getting foreign currency

The Reserve Bank of Zimbabwe (RBZ) is fulfilling its obligation to release money to airlines for remittances repatriation, but acute foreign currency shortages continue to slow the progress in clearin...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Cairns to inject $4 million

Cairns Foods plans to inject US$4 million into its operations this year as it gradually revives its beverages business unit which collapsed when government rolled out its chaotic agrarian reforms. For...

By Staff reporter | Published: 02 May 2018

POLITICS

Zanu-PF's trump card

Zanu-PF, the country's ruling party, will anchor it's 2018 electoral message on economic revival and political tolerance, the party's Youth Secretary Pupurai Togarepi has said. President Emmerson Mnan...

By Staff reporter | Published: 02 May 2018

BUSINESS NEWS

Mixed reactions over cannabis legalisation

Zimbabweans have expressed mixed feelings over government's move to legalise the production of cannabis (mbanje).Last Friday, government gazetted a $50 000 licence fee for those wishing to farm the dr...

By Staff reporter | Published: 02 May 2018

POLITICS

Khupe split won't derail Chamisa

Former MDC deputy president Thokozani Khupe's recent split from the Nelson Chamisa-led party will not have serious ramifications on his presidential bid as she has no political capital, analysts have ...

By Staff reporter | Published: 02 May 2018

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