BUSINESS NEWS

Dangote team jets in

Nigeria billionaire Aliko Dangote has renewed interest to inject a US$1.5 billion investment package in Zimbabwe.An advance team from Dangote Holdings arrived in the country this afternoon comprising ...

By Staff reporter | Published: 09 April 2018

POLITICS

Mnangagwa attaches company's property

PRESIDENT Emmerson Mnangagwa last week caused the attachment of various oil-processing equipment owned by Kwekwe-based firm, Sherwood Nursuries, over an outstanding $18 000 debt for soyabeans supplied...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

US sets terms to revive Zim business ties

The United States will expand economic and business ties with Zimbabwe once the country has put in place reforms that justify the lifting of sanctions.Responding to questions from NewsDay on Saturday,...

By Staff reporter | Published: 09 April 2018

POLITICS

Mnangagwa to trim Cabinet

PRESIDENT Emmerson Mnangagwa (pictured) has warned he might soon be forced to trim his Cabinet, revamp various government departments and appoint powerful executives to run parastatals to improve serv...

By Staff reporter | Published: 09 April 2018

POLITICS

Mnangagwa has changed nothing, Mujuru tells US

FORMER Vice-President Joice Mujuru has accused the Zanu-PF government of being reluctant to implement electoral reforms to ensure credible elections this year.Mujuru, who is the presidential candidate...

By Staff reporter | Published: 09 April 2018

OPINION

Zimbabwe needs answers on China trip expenses

LAST week, pictures of some Cabinet ministers and President Emmerson Mnangagwa and their supposed children in China emerged, raising questions on what their offspring was doing on a government trip.Th...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

Revived Border Timbers seeks fresh start

BORDER Timbers judicial manager, Peter Bailey, said he would approach the High Court of Zimbabwe for the company to be removed from judicial management, as negotiations with one of the major creditors...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

Govt tightens screws on directors

Government is working on amendments to the Companies Act with a view to tightening legal provisions and placing increased fiduciary duty of responsibility and accountability on company directors by em...

By Staff reporter | Published: 09 April 2018

POLITICS

Mugabe's NPF faces implosion

The National Patriotic Front (NPF), a fledgling political party that is described by some political commentators as a collection of ragged and spent politicians, is understood to be tottering on the b...

By Staff reporter | Published: 09 April 2018

POLITICS

Zanu-PF bigwigs to appear before Parly

Three top officials are expected to appear before the Parliamentary Portfolio Committee on Mines and Energy today as the probe into the mining of diamonds from Chiadzwa goes a gear up. Vice President ...

By Staff reporter | Published: 09 April 2018

POLITICS

Zanu-PF set to unveil manifesto

Zanu-PF is set to unveil its 2018 election manifesto on Saturday as it moves a gear up in preparing for the forthcoming polls expected later this year. Addressing party members during a commissariat r...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

Fuel dealers comply with D50 directive

Most fuel dealers across the country have heeded Government's call for industry players to comply with Diesel 50 usage as part of efforts to use environmentally clean fuel that increases vehicles' lif...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

Monarch workers charged with theft of scrap aluminium

THREE workers at Monarch Steel Company in Bulawayo are in trouble after they allegedly stole scrap material worth $85 from their employer.Charles Gwetshwayo (39) of Mzilikazi in Bulawayo, Sinikiwe Ngw...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

Miners want incentives for processing not levies

Mining firms want Government to offer beneficiation incentives to fast track economic turnaround through rapid value addition of minerals, stimulation of industrialisation, increased revenue, more job...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

EU injects $2m to save Zimbabwe wildlife

The European Union (EU) has injected close to $2 million into Zimbabwe aimed at reducing poaching and conserving wildfire. African Wildlife Foundation senior communications office Grace Wairima said t...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

CBZ invests $12m in Harare SMEs centre

Zimbabwe Stock Exchange-listed financial services group, CBZ Holdings, has set aside $12 million to establish a small to medium enterprises centre in Harare. CBZ Properties general manager Hasmon Bvum...

By Staff reporter | Published: 09 April 2018

POLITICS

Zanu-PF to unveil new regalia

ZANU-PF is set to unveil new party regalia, as it gears up for the forthcoming general elections set to be held by August this year.The party's secretary for administration, Obert Mpofu, confirmed the...

By Staff reporter | Published: 09 April 2018

POLITICS

Mugabe running out of time, says Charamba

Worried religion groups are apparently stepping up their efforts to bring together President Emmerson Mnangagwa and his sulking predecessor Robert Mugabe, in a bid to break the heightening tension bet...

By Staff reporter | Published: 09 April 2018

POLITICS

Come back home, Mnangagwa tells expats

The new dispensation in Harare needs the buy-in and investment of millions of Zimbabweans who left the country and settled elsewhere, particularly the multitudes resident in neighbouring South Africa,...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

ZITF hotel generates foreign interest

A number of foreign firms have expressed interest to assume the role of transaction advisor to the hotel and convention centre earmarked to be constructed by the Zimbabwe International Trade Fair (ZIT...

By Staff reporter | Published: 09 April 2018

POLITICS

Scepticism over Mnangagwa's China 'mega deals'

BEFORE the Israelites could enter the promised land of Canaan, they spent over 40 years in the wilderness, where they were assisted with "manna from heaven" when food became scarce.The story has since...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

ZITF 2018 shatters booking records

THIS year's 59th edition of the Zimbabwe International Trade Fair (ZITF) is the biggest showcase in over half a decade amid excitement brought about by a maiden exhibition by Middle East's economic po...

By Staff reporter | Published: 09 April 2018

POLITICS

Zanu-PF to appoint primaries losers campaign managers

LOSING candidates in the beckoning Zanu-PF primary elections will automatically assume the role of campaign managers for the winning candidates ahead of the forthcoming harmonised elections this year,...

By Staff reporter | Published: 09 April 2018

POLITICS

Grace Mugabe battle for the control of Smithfield Farm

Grace Mugabe, previously enormously powerful until her husband Robert resigned under pressure from the military last November, called on the police to evict hordes of informal gold miners from Smithfi...

By IOL | Published: 09 April 2018

BUSINESS NEWS

Banks find Treasury Bills love

Zimbabwean banks have increased their uptake of Treasury Bills (TBs) as the short-dated securities offer better returns and are as good as money.Treasury Bills are used by government when borrowing fr...

By Staff reporter | Published: 09 April 2018

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