BUSINESS NEWS

FDI guru comes to Zimbabwe

Government is keen to learn from Rwanda's development model and yesterday the chief executive of the Rwanda Development Board, Ms Clare Akamanzi, arrived in Harare to share her country's experience at...

By Staff reporter | Published: 11 April 2018

BUSINESS NEWS

RBZ mulls fund to help local firms

The Reserve Bank of Zimbabwe (RBZ) is working on ways to create a fund that will assist local companies to be competitive and starve off competition from foreigners. Speaking during a workshop organis...

By Staff reporter | Published: 11 April 2018

BUSINESS NEWS

Cash transactions rise 17%

Zimbabweans lived it up during the month of December last year in spite of the country's liquidity challenges, latest data from the Reserve Bank of Zimbabwe indicates. In the December 2017 monthly rep...

By Staff reporter | Published: 11 April 2018

BUSINESS NEWS

Monetary packages for industry revival

The Reserve Bank of Zimbabwe will soon unveil a number of monetary packages to capacitate the local industry so that it can compete with international companies set to open shop in the country ahead o...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

Zimbabwe employee confidence falls by 5%

Employee confidence for the first quarter of 2018 has fallen by 5 percent according to a survey by industrial psychology consultants.Employee confidence fell to 66 percent in the first quarter of 2018...

By Staff reporter | Published: 10 April 2018

POLITICS

Chamisa's Joshua Nkomo lie backfires

MDC-T leader Mr Nelson Chamisa's attempt to ride on the legacy of the late Vice President Dr Joshua Nkomo backfired spectacularly yesterday after the Nkomo family dismissed as false claims that they e...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

'Chihuri seized diamonds worth millions of dollars'

Former police commissioner-general Augustine Chihuri allegedly seized a vault containing diamonds worth millions of dollars belonging to a company that was in partnership with the cops before he forci...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

CSC market share shrinks

THE ailing Cold Storage Company (CSC)'s market share has shrunk, with the company processing 2% of the country's 300 000 slaughter levels per annum, an official has said.Responding to questions from d...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

$15bn diamond saga deepens

FORMER secretary for mines, Francis Gudyanga yesterday claimed that there were powerful forces controlling the diamond mining sector, saying he had received unspecified threats from people he declined...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

Mnangagwa's govt in massive staff cull

Plans by the government to trim the bloated civil service are in full swing amid reports of hundreds of workers being laid off without notice, NewsDay reported.Most government departments have been "o...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

Govt orders use of solar geysers

GOVERNMENT will, in the next two weeks, introduce legislation to compel households to use solar-powered geysers, as it moves to regulate electricity consumption.Speaking yesterday in Harare at the off...

By Staff reporter | Published: 10 April 2018

POLITICS

Zanu-PF issuing new electronic party cards

ZANU-PF is issuing new electronic party cards after phasing out those emblazoned with former President Robert Mugabe's picture.Addressing party members during a commissariat rally in Nhwali, Gwanda So...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

ZOL Zimbabwe wins Service Excellence Award

Leading internet service provider ZOL Zimbabwe won the Service Excellence Award in the Internet Service Provider and Internet Access Provider sector at the Southern Region Awards dinner organised by t...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

Competition commission approves six acquisitions

The Competition and Tariff Commission (CTC) said on Sunday it approved six acquisitions of companies in various sectors of the economy in the last quarter of 2017.The CTC was set up by Government to a...

By Staff reporter | Published: 10 April 2018

OPINION

Chamisa should stop grandstanding

Let us say things as they are. Threats to boycott elections are a very stupid idea, especially in cases where one is singing the threat as part of some attention seeking tomfoolery. This is one of tho...

By Nick Mangwana | Published: 10 April 2018

BUSINESS NEWS

Madam Mnangagwa hails China visit

First Lady Auxillia Mnangagwa has described her engagements in China during the five-day State Visit to that country as fruitful and quite progressive.She accompanied President Mnangagwa on the State ...

By Staff reporter | Published: 10 April 2018

POLITICS

Mnangagwa's spin doctor explains cost of China trip

Government paid US$1,3 million to hire a private jet for President Mnangagwa's trip to China last week, contrary to reports in some sections of the private media that the trip gobbled US$2,3 million.P...

By Staff reporter | Published: 10 April 2018

POLITICS

46 countries to observe Zimbabwe elections

Government has approved a list of 46 countries, 15 regional and continental bodies to observe general elections set for July this year as President Mnangagwa's administration makes good its pledge for...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

Dangote renews interest in Zimbabwe

Nigerian billionaire Mr Aliko Dangote has renewed interest in pursuing his $1,5 billion investment in Zimbabwe and yesterday despatched an advance team comprising geologists.The team will be in Zimbab...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

Zimbabwe sets record straight on Geiger

Cabinet took a decision to terminate the contract for the dualisation of the Beitbridge-Harare Highway on March 13, 2018 and instructed the Attorney-General, Advocate Prince Machaya, to furnish the Pr...

By Staff reporter | Published: 10 April 2018

POLITICS

EU ready to partner Zimbabwe

The European Union is ready to work with the new Zimbabwe Government in formulating policies that will enable it to turn around the country's economic fortunes.This was said by visiting EU Internation...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

Brainworks in 21% revenue increase

Private equity, investment and advisory firm, Brainworks Capital, says its revenue in the year to December 31, 2017 increased 21, 8 percent to $4, 8 million from just over $4 million following a 28 pe...

By Staff rpeorter | Published: 10 April 2018

POLITICS

Zanu-PF bigwigs fall by the wayside

In a stunning development, many long-serving Zanu PF stalwarts have fallen by the wayside in the party's selection of candidates who will participate in this year's watershed elections. The looming el...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

Zim reviews visa requirements for US citizens

Zimbabwe's Immigration Department (Immigration) has reviewed visa fees for United States (US) citizens.Under the new requirements, American tourists seeking to visit Zimbabwe will now have to pay $160...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

WATCH: Grace Mugabe claims she is being 'victimised'

Zimbabwe's former first lady, Grace Mugabe, is accusing miners of invading her farms to illegally dig for gold.They, in turn, accuse her of defamation and say the land was stolen.This is one of a numb...

By Al Jazeera | Published: 09 April 2018

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