POLITICS

Harry Wilson pledges to form inclusive Zim govt

THE Democratic Opposition Party (DOP) has pledged to form an inclusive government comprising of all interested political parties and technocrats after winning this year's elections.DOP leader Harry Wi...

By Staff reporter | Published: 18 May 2018

POLITICS

Mohadi back from sick leave

Vice President Kembo Mohadi is back in office after spending nearly a month in South Africa, undergoing treatment for an undisclosed ailment. The 68-year-old missed Independence Day celebrations in Ha...

By Staff reporter | Published: 18 May 2018

POLITICS

Tycoon causes govt shutdown

The death of businessman Kudakwashe Tagwirei's father dealt a major blow on government business this week as virtually all ministers abandoned their workstations to attend his burial - in a developmen...

By Staff reporter | Published: 18 May 2018

POLITICS

British govt banking on Mnangagwa

EVIDENCE of Britain's meddlesome support for President Emmerson Mnangagwa's administration and that he is their preferred choice to lead Zimbabwe after this year's general elections in July is mountin...

By Staff reporter | Published: 18 May 2018

POLITICS

Mnangagwa lures Dabengwa to Zanu-PF

PRESIDENT Emmerson Mnangagwa has renewed efforts to lure Zapu president Dumiso Dabengwa into Zanu-PF structures and government, this time sending a top military commander to engage the ex-home affairs...

By Staff reporter | Published: 18 May 2018

OPINION

Banning cryptos in the cash-starved economy

"The more government bans it, the more popular it gets," that is exactly what happens to bitcoin and other cryptocurrencies.Every few months, we hear that bitcoin has been banned by some country or th...

By Tinashe Kaduwo | Published: 18 May 2018

BUSINESS NEWS

Zesa seeks to recover US$1bn

ZIMBABWE'S power utility, Zesa, is ratcheting up pressure on its defaulting consumers to cough up more than US$1 billion in unpaid bills by, among other measures, getting into stop order arrangements ...

By Staff reporter | Published: 18 May 2018

POLITICS

Obert Mpofu dragged to court by villagers

UMGUZA Community Share Ownership Trust has dragged Home Affairs minister Obert Mpofu to court for allegedly grabbing borehole drilling equipment and accessories valued at US$600 000 from the trust.Mpo...

By Staff reporter | Published: 18 May 2018

BUSINESS NEWS

AfDB pledges US$50m loan for Zim companies

THE African Development Bank (AfDB) says it is ready to extend up to US$50 million in loans this year to Zimbabwe's private sector amid ongoing negotiations with the government to settle its US$600 mi...

By Staff reporter | Published: 18 May 2018

BUSINESS NEWS

AirZim saga: Tale of half-truths, lies and deception

As someone -unknown - once said "if words don't add up, it's usually because the truth wasn't included in the equation".The same can be said of the story of Zimbabwe Airways (ZimAirways), which involv...

By Staff reporter | Published: 18 May 2018

OPINION

Biti is offside on the British loan to Zim businesses

The opposition politicians must know what to oppose and what to support unless if they want to lose respect in the eyes of the citizens.The Tendai Biti attack on the $100M private sector loan to Zimba...

By Hopewell Chin'ono | Published: 18 May 2018

POLITICS

Chihuri must come back home and clear his name

Former police commissioner-general Augustine Chihuri has been sucked in a number of controversies ever since he was retired from the Zimbabwe Republic Police (ZRP) in December last year.Unlike his pre...

By Staff reporter | Published: 18 May 2018

BUSINESS NEWS

Facelift on cards for Mbare Musika

The Harare City Council will soon embark on a facelift of Mbare Musika vegetable market and bus terminus, which had become an eyesore.Council spokesperson Michael Chideme said the upgrade will make th...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

Chinamasa hails UK $100m facility

Finance and Economic Development Minister Patrick Chinamasa has hailed the US$100 million loan extended by the United Kingdom Finance Institution, CDC, as the first significant line of credit to come ...

By Staff reporter | Published: 17 May 2018

POLITICS

Eric Knight joins Zanu-PF

Former ZBC presenter Eric Knight is reported to have recently joined Zanu-PF’s structures in the United KingdomAccording to NewZimbabwe.com, the ruling party confirmed this week, adding that "don’...

By Staff reporter | Published: 17 May 2018

POLITICS

'God ordained Zanu-PF,' says Chiwenga

Vice-President Constantino Chiwenga yesterday claimed the ruling Zanu party was God's creation and ordained to remain in power until eternity.Addressing mourners at the burial of fuel mogul Kudakwashe...

By Staff reporter | Published: 17 May 2018

POLITICS

Mnangagwa wife's pay plan illegal, unsustainable

ZIMBABWE'S parliament has rejected a proposal to pay allowances to President Emmerson Mnangagwa and his two vice presidents Constantino Chiwenga and Kembo Mohadi's spouses on the basis that it was ill...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

Forex shortages affect hospital operations

ZIMBABWE'S private health sector is failing to equip its hospitals with modern equipment due to shortages of foreign currency and general cash.Private Hospitals Association of Zimbabwe (PHAZ) chairman...

By Staff reporter | Published: 17 May 2018

POLITICS

ZACC boss sued for $200,000

HARARE businessman Adam Molai and his Housing Corporation Zimbabwe (HCZ) company are suing Zimbabwe Anti-Corruption Commission (ZACC) investigations boss Goodson Nguni for $200 000 for defamation.In a...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

Kevin Wakeford to speak at Top Companies

TOP South African businessman and one of the region's foremost economic commentators, Kevin Wakeford, will be the guest of honour at this year's prestigious Top Companies Survey function to be held in...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

CFI blow for Nicholas van Hoogstraten

THE High Court has quashed the results of a November 2015 extra-ordinary general meeting (EGM) at CFI Holdings Limited (CFI) and a subsequent one late last year to discuss, among other things, the rev...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

Industry getting 60% forex from black market

INDUSTRIALISTS and retailers are sourcing at least 60 percent of their foreign currency requirements from the black market, the Confederation of Zimbabwe Retailers (CZR) has revealed.In the face of th...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

US dollar, RTGS not at par, says CZI

PEGGING the greenback to Real Time Gross Settlement (RTGS) balances and bond notes on a one-to-one basis does not reflect the true value of the US dollar, the Confederation of Zimbabwe Industries (CZI...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

ILO pledge to fund TNF

THE International Labour Organisation (ILO) has pledged to fund the Zimbabwean Tripartite Negotiation Forum (TNF) in a bid to strengthen social dialogue in the country.ILO country director Hopalong Ph...

By Staff rpeorter | Published: 17 May 2018

BUSINESS NEWS

CZI to hold major investment forum

THE Confederation of Zimbabwe Industries (CZI) will hold its 2018 Congress and International Investment Forum from September 26-28 in Bulawayo.The congress, which runs under the theme From Dialogue to...

By Staff reporter | Published: 17 May 2018

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