BUSINESS NEWS

Zimpapers introduces home delivery

Zimpapers has launched a dial-a-number concept aimed at delivering newspapers to its customers at their homes in Harare and Bulawayo during weekends. Zimpapers circulation manager Mrs Liz Mushonga yes...

By Staff reporter | Published: 14 June 2019

POLITICS

Mnangagwa prepares for ruthless demos crackdown

AFTER subjecting more than a thousand regular police officers to paramilitary training, purchasing an assortment of weapons, including AK assault rifles and sniper rifles, government has moved to acqu...

By Staff reporter | Published: 14 June 2019

POLITICS

Civil society activists on Zimbabwe military watch list

THE Zimbabwe National Army's Military Intelligence (MI) unit has placed on its watchlist several civil society activists it claims are conniving with United States to unseat President Emmerson Mnangag...

By Staff reporter | Published: 14 June 2019

OPINION

Mnangagwa's govt re-ignites currency debate

PRESIDENT Emmerson Mnangagwa's remarks over the weekend that Zimbabwe would have a fully-fledged local currency before the end of the year, ending the multi-currency regime enacted in 2009, effectivel...

By Brett Chulu | Published: 14 June 2019

POLITICS

August 1 killings: Only 35 to be compensated

GOVERNMENT is reviewing the eligibility of only 35 cases for compensation in the aftermath of the August 1 2018 shootings, amid growing frustration from aggrieved victims, who say the process is movin...

By Staff reporter | Published: 14 June 2019

OPINION

Zimbabwe in austerity-induced recession

"OUTPUT in Zimbabwe is expected to contract in 2019 with a sharp rise in inflation reducing real incomes and foreign exchange shortages constraining activity," the World Bank reports in its Global Eco...

By Tinashe Kaduwo | Published: 14 June 2019

BUSINESS NEWS

New currency unlikely to perform miracles for Zimbabwe

GOVERNMENT'S plans to unveil a new currency by year-end without addressing macro-economic fundamentals could be catastrophic, while the proposed local unit risks suffering the same fate as the defunct...

By Staff reporter | Published: 14 June 2019

OPINION

Re-igniting debate on a sovereign currency

Whilst a single sovereign currency regime might be the way to go, own currency may not deliver desired results if we do not address what is currently weighing down our pseudo-currency (RTGS$) - the st...

By Persistence Gwanyanya | Published: 14 June 2019

BUSINESS NEWS

A damning indictment on Mnangagwa

PRESIDENT Emmerson Mnangagwa's administration's failure to address the economic challenges bedevilling the country - despite lofty promises - could have been described as spectacular if it were not so...

By Staff reporter | Published: 14 June 2019

OPINION

Can Zimbabwe develop into knowledge economy?

This week I was engaged in an interesting debate with fellow economists, on how Zimbabwe's economy can enter the 21st century. For a country whose future economic revival, I have suggested in my past ...

By Clive Mphambela | Published: 14 June 2019

OPINION

Online shopping: why its unstoppable growth may be coming to an end

Many people probably assume that online stores are making a fortune, without all the costly bricks and mortar. But the reality is rather different.Many ecommerce activities are, in fact, unprofitable;...

By Ralf Seifert & Richard Markoff | Published: 14 June 2019

BUSINESS NEWS

Zimbabwe industry feels the heat as sales drop

Prices of goods and services may have reached the plateau, amid indications volumes have started dipping significantly as consumers struggle with affordability, captains of industry and economic analy...

By Staff reporter | Published: 14 June 2019

BUSINESS NEWS

Production makes the economy, says Mnangagwa

President Mnangagwa said focusing on currency alone will not provide solutions to economic challenges facing the country - imploring Zimbabweans to focus on strategies to boost production. Discourse i...

By eBusiness Weekly | Published: 14 June 2019

POLITICS

Chamisa pleads with Mnangagwa

MDC leader Nelson Chamisa has indicated he is willing to talk to President Emmerson Mnangagwa in order to move the country forward if the dialogue does not result in him being part of government.Chami...

By Staff reporter | Published: 13 June 2019

BUSINESS NEWS

ZRP impounds 5 000 unregistered vehicles

The Zimbabwe Republic Police (ZRP) has impounded 5 000 unregistered vehicles since January this year as part of its ongoing crackdown on unregistered vehicles.Registration of vehicles and display of n...

By Staff reporter | Published: 13 June 2019

POLITICS

Chamisa not plotting to purge security chiefs

MDC leader Nelson Chamisa yesterday said he was not plotting to purge security chiefs, but the political leadership of President Emmerson Mnangagwa that has been 'abusing Zimbabweans to pursue a parti...

By Staff reporter | Published: 13 June 2019

POLITICS

Succession poser for Chamisa's MDC

THE opposition MDC's elective congress in Gweru last month failed to deal with the party's thorny succession issue, setting the stage for potentially explosive power struggles in the event that its pr...

By Staff reporter | Published: 13 June 2019

POLITICS

Mnangagwa's political dialogue not a power sharing deal

Government says national political dialogue recently launched by President Mnangagwa was not a power sharing negotiation or an initiative towards the creation of Government of National Unity (GNU) but...

By Staff reporter | Published: 13 June 2019

BUSINESS NEWS

Zinara revenues projected to hit $136m

The Zimbabwe National Roads Administration (Zinara)'s combined revenues are projected to rise to $135,6 million for the current year, up from $133,3 million last year. The improvement in the roads aut...

By Staff reporter | Published: 13 June 2019

BUSINESS NEWS

Local content threshold set at 80%

GOVERNMENT's much awaited Local Content Strategy (LCS) which was approved by Cabinet on Tuesday has set an 80 percent minimum threshold for all products. This strategy forms part of interventions whic...

By Staff reporter | Published: 13 June 2019

POLITICS

Mutodi sued over RTGS$40 000 debt

INFORMATION ministry deputy minister, Energy Mutodi's struggling company National Housing Development Trust (NHDT), risks having its bank accounts garnished after failing to settle a RTGS$40 000 debt ...

By Staff reporter | Published: 13 June 2019

POLITICS

Chamisa to fire political army generals

MDC leader Nelson Chamisa, has warned he will fire senior military and security officers who have meddled in the country's politics.Chamisa said this on Wednesday, while addressing party supporters ga...

By Staff reporter | Published: 13 June 2019

POLITICS

Zimbabwe police buy 4 000 AKs, sniper rifles

POLICE have acquired an assortment of weapons - including 3 343 AK-47 assault rifles and about 600 sniper rifles - as they prepare to quell looming street protests against President Emmerson Mnangagwa...

By Staff reporter | Published: 13 June 2019

BUSINESS NEWS

Bread shortages loom

A bread shortage is looming after local millers ran out of wheat due to foreign currency shortages to import the cereal. The country has been facing challenges in wheat availability of late in spite o...

By Staff reporter | Published: 13 June 2019

OPINION

Mnangagwa borrowing bad law from Apartheid South Africa's statutes

Recently, the government of Zimbabwe, through the Minister of Home Affairs, introduced the Maintenance of Peace and Order Bill to Parliament (MOPA). This Bill, that will replace the reviled Public Ord...

By Douglas Togaraseyi Mwonzora | Published: 12 June 2019
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