BUSINESS NEWS

School of Mines students block CEO

STRIKING students at the Zimbabwe School of Mines (ZSM) yesterday blocked the college's chief executive officer Dzingai Tusai from entering the premises and demanded to be addressed by board members.T...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Tongaat Hulett commissions Chiredzi gas plant

TONGAAT Hulett, Zimbabwe's largest sugar producer, has commissioned a 40-tonne liquefied petroleum gas plant in Chiredzi that will provide renewable and clean energy to more than 5 000 workers of the ...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Private firm to set up 125MW solar plant in Vic Falls

A PRIVATE firm, Southpole Consulting Private Limited, has engaged the Zimbabwe Energy Regulatory Authority (Zera) seeking a power generation licence to set up a 125 megawatts solar plant in Victoria F...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

AfDB, Export Trading Group sign $200m loan deal

THE African Development Bank (AfDB) has signed a $200 million loan agreement for a soft commodity finance facility with the Export Trading Group to support agriculture on the continent.AfDB said the f...

By Staff reporter | Published: 18 April 2018

POLITICS

Zimbabwe celebrates Independence Day

ZIMBABWE today celebrates 38 years of Independence from British colonial rule with Zanu-PF yesterday calling on all patriots to uphold and cherish the values that sprung from the liberation struggle.T...

By Staff reporter | Published: 18 April 2018

POLITICS

Six more Zim kids to be deported from SA

SIX more Zimbabwean children who were smuggled to South Africa by omalayitsha through Beitbridge Border Post will be repatriated back to the country on Thursday as the governments of the two neighbour...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Year-on-year inflation drops

ZIMBABWE'S year-on-year inflation rate for last month shed 0.30 percentage points on the February rate of 2.98 percent to 2.68 percent, official figures show.The country's national statistics agency, ...

By Staff reporter | Published: 18 April 2018

POLITICS

Khupe fights expulsion in court

MDC-T breakaway deputy president, Dr Thokozani Khupe yesterday filed an urgent application at the Constitutional Court in Harare challenging her expulsion from Parliament and seeking re-instatement.Th...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Mnangagwa targets middle-income economy

GOVERNMENT has set out a clear vision for youth to have decent jobs and to benefit from broad-based empowerment initiatives that will move them out of poverty, President Mnangagwa has said.He also war...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Developers reduce housing backlog by 50%

PROPERTY developers in Masvingo have reduced the housing backlog in the city by more than 50 percent following the unveiling of land for development. Property developers who spoke to The Herald yester...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Kickbacks delay city road rehab

Some Harare City Council workers are reportedly sabotaging the city's road rehabilitation programme by demanding kickbacks from contractors to facilitate payment from Zimbabwe National Roads Administr...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

NSSA bars Vela, ex-CEO Chitiga

NATIONAL Social Security Authority (NSSA) has barred fired ex-chairman Robin Vela and former general manager Elizabeth Chitiga from entering the authority's premises. This comes as Labour and Public S...

By Staff reporter | Published: 18 April 2018

POLITICS

Munyaradzi Gwisai savages Chamisa

FORMER MDC MP and labour lawyer Munyaradzi Gwisai has launched a scathing attack at the main party's leader Nelson Chamisa and allies, describing them as a bunch of puppies that are always ready to wa...

By Staff reporter | Published: 18 April 2018

POLITICS

'Zimbabwe has leadership crisis, not financial'

ZIMBABWE has no financial crisis, but suffers from leadership and management crisis due to endemic corruption associated with the ruling Zanu-PF top officials, Coalition for Democrats (Code) leader El...

By Staff reporter | Published: 18 April 2018

POLITICS

Mugabes left official residences in 'terrible state'

Former president Robert Mugabe and his family left the official presidential residences in a terrible state, with leaking roofs, broken flush handles and unkempt tennis courts, a private newspaper rep...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

ZCTU calls for general strike

President Emmerson Mnangagwa's administration has been plunged into another crisis after the Zimbabwe Congress of Trade Unions (ZCTU) yesterday called for a general strike to protest against its "disr...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Bread prices go up

A survey has shown that the prices went up by 10 cents.Previously, the bread price was 90 cents for a standard loaf and a dollar for the popular Bakers Inn, Lobels and Proton Super loaf, which was com...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Zim officials engage World Bank, IMF

The Minister of Foreign Affairs and International Trade, Dr Sibusiso Moyo together with the Reserve Bank of Zimbabwe governor, Dr John Mangudya are in New York interfacing with officials from the wor...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

WATCH: Mangudya discusses Zim's strategy to revive its economy

Reserve Bank of Zimbabwe Governor John Mangudya discusses Zimbabwe's strategy to revive its economy. He speaks with Bloomberg's David Westin and Alix Steel on "Bloomberg Daybreak: Americas."https://w...

By bloomberg | Published: 17 April 2018

BUSINESS NEWS

WATCH: General Moyo says Zim is open for business

Sibusiso Moyo discusses changes in the country post-Mugabe leadership. He speaks with Vonnie Quinn and Mark Barton on "Bloomberg Markets."...

By bloomberg | Published: 17 April 2018

OPINION

Chamisa, quest for political endorsement

MDC-T leader Nelson Chamisa stirred controversy during his recent campaign trail in Bulawayo.Chamisa paid homage to prominent political figures and families, among them a respected freedom fighter and...

By Retlaw Matatu Matorwa | Published: 17 April 2018

POLITICS

MDC Alliance renews push for Diaspora vote

THE MDC Alliance has renewed its campaign to force the government to allow Zimbabweans based in the Diaspora to vote in the upcoming general elections.MDC-T acting chairperson Morgen Komichi announced...

By Staff reporter | Published: 17 April 2018

POLITICS

Mnangagwa fails to hit the campaign trail

ZANU-PF spokesperson Simon Khaya-Moyo has cleared the air over President Emmerson Mnangagwa's strange failure to hit the campaign trail when the country is four months away from elections.Mnangagwa is...

By Staff reporter | Published: 17 April 2018

POLITICS

Deputy Finance Minister in assault storm

FINANCE deputy minister Terence Mukupe was recently arrested and fined for assaulting his ministry's finance director, 58-year-old Ignatius Mvere, for allegedly giving him a "paltry $910 travel allowa...

By Staff reporter | Published: 17 April 2018

POLITICS

'Army to rescue Mnangagwa'

ZANU-PF leader President Emmerson Mnangagwa is slowly girding himself for his first election, but his opponents claim his apparent confidence could be a sign he has something sinister up his sleeve.Mn...

By Staff reporter | Published: 17 April 2018

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