BUSINESS NEWS

BCC loses $1 million in collapsed banks

THE Bulawayo City Council (BCC) has reportedly lost more than $1 million invested in financial institutions that have collapsed due to mismanagement and economic problems affecting the country.Accordi...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

Harare now 'bottle store city'

Harare mayor, Bernard Manyenyeni has chided the local authority for licensing more bottle stores at the expense of residential stands, earning itself the tag "booze city".Manyenyeni said city liquor o...

By Staff reporter | Published: 05 April 2018

POLITICS

Mugabe cranks up fight with Mnangagwa

Sulking former president Robert Mugabe and his unsettled wife Grace are refusing to remove their property, including furniture and other valuables, from State House - meaning that his successor Emmers...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

'99-year lease no guarantee for funding'

FBC Holdings chief executive John Mushayavanhu says banks' acceptance of 99-year leases as collateral does not serve as a guarantee of funding to the holders.Mushayavanhu pointed out that 99-year leas...

By Staff reporter | Published: 04 April 2018

POLITICS

Mnangagwa calls for strategic partnership with Communist Party

ZANU-PF President and First Secretary Emmerson Mnangagwa has said his party and the Communist Party of China should escalate their relations the same way they have done at Government to Government lev...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

Mnangagwa pledges to bring Xi Jinping's ideas to Zim

Zimbabwean President Emmerson Mnangagwa traveled to Beijing this week for a meeting with Chinese President Xi Jinping. Mnangagwa thanked Xi for his support, promised to strengthen Zimbabwe's ties with...

By Staff reporter | Published: 04 April 2018

OPINION

What's next for Zimbabwe's economy?

"Bob is gone." At the end of November 2017, under intense pressure, Robert Mugabe stepped down as president of Zimbabwe - a position the controversial leader had held for 30 years. Global response to ...

By Dustin Homer | Published: 04 April 2018

BUSINESS NEWS

Prophet Magaya escapes jail

Prophetic Healing and Deliverance (PHD) Ministries leader Walter Magaya has escaped a bid by Prosecutor-General Ray Goba to have him incarcerated after pleading not guilty to rape, unlawful terminatio...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

White farmer savages Mnangagwa over lost farm

Figtree farmer, David Connolly who lost his farm to President Emmerson Mnangagwa's top aide Ray Ndhlukula, has made an amazing rant against the Zanu-PF strongman by accusing him of not being sincere i...

By Staff reporter | Published: 04 April 2018

POLITICS

Tsvangirai's secret wife exposed

The late MDC-T leader, Mr Morgan Tsvangirai, secretly paid lobola for a Bulawayo woman, Nobuhle Marylin Ndiweni (36), last year while he was officially married to Ms Elizabeth Macheka, it has emerged....

By Staff reporter | Published: 04 April 2018

POLITICS

Mujuru admits working with G40

National People's Party leader Dr Joice Mujuru has confirmed that she is working with the G40 cabal with the assistance of former president Mr Robert Mugabe. She made the revelation while addressing a...

By Staff reporter | Published: 04 April 2018

POLITICS

Minister in car crash

THE Minister of State for Midlands Provincial Affairs, Owen Ncube, escaped unhurt when his BMW vehicle was involved in an accident between Gokwe and Kwekwe on Monday afternoon.Minister Ncube was drivi...

By Staff reporter | Published: 04 April 2018

POLITICS

'Mugabes must be responsible for own security'

HOME Affairs minister Obert Mpofu has said it is the responsibility of the former First Family to provide security for its private assets, but said the government is ready to step in if called upon.Gr...

By Staff reporter | Published: 04 April 2018

POLITICS

MDC-T decides on candidates

The MDC-T national elections directorate met yesterday to deliberate on the selection of party candidates in preparation for this year's elections.The meeting came as senior party officials are report...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

Overhaul of civil service proposed

DEPUTY Finance minister Terence Mukupe has proposed an overhaul of the civil service to get rid of deadwood and enable the country to realise its full potential through efficient service delivery.In a...

By Staff reporter | Published: 04 April 2018

POLITICS

Mugabe farm miners threaten to sue Grace

THE three artisanal gold miners at Smithfield Farm in Mazowe, which is at the centre of an ownership wrangle betwen themselves and the former First Lady Grace Mugabe , have threatened to sue her for l...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

Zimbabwe intensifies business reforms

Directors, who engage in fraudulent, reckless or grossly negligent conduct of business will be held accountable, while the concealment of beneficial ownership of shares through the use of nominees wil...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

Zim's lack of budget transparency discourages investors

ZIMBABWE has been ranked 23 out of 100 countries (Open Budget Survey 2017) in budget transparency, an unimpressive ranking, which has an effect of pushing away investors and external funding.A recent ...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

Mudenda urges Parly to hold executive to accountability

SPEAKER of Parliament, Jacob Mudenda, has urged the local legislature to take a cue from South Korea's parliament and be able to take on the executive on issues of accountability.Mudenda made the rema...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

Air Zimbabwe aborts Harare - Bulawayo flight

Air Zimbabwe (AirZim) aborted its scheduled Harare-Bulawayo flight on Monday evening after its pilot reportedly fell ill, leaving several passengers stranded.Passengers, who had checked-in for the fli...

By Staff reporter | Published: 04 April 2018

POLITICS

Zim refugees in Botswana assured of safe return

GOVERNMENT is working on modalities to repatriate nearly 700 Zimbabweans, mainly victims of political violence, who escaped to Botswana 10 years ago after assuring them that their safety is guaranteed...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

Operations normalise in hospitals

THE situation is back to normal at Government hospitals following the return of doctors who had gone on strike last month.Some departments at major hospitals such as Mpilo Central Hospital in Bulawayo...

By Staff reporter | Published: 04 April 2018

OPINION

Need to improve miners safety and health standards

ARTISANAL and small-scale gold mining (ASGM) is undoubtedly a growing sector that contributes significantly to the growth of the country's economy.Although, there are no official statistics, estimates...

By Gibson Mhaka | Published: 04 April 2018

BUSINESS NEWS

Merlin viable, says judicial manager

TEXTILE firm, Merlin Limited, which is emerging from the woods, says it needs an estimated $17.1 million to set up a ginnery that is expected to add impetus to its survival in the long-term.The compan...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

New tour activity a hit in Victoria Falls

A NEWLY introduced tour activity, abseiling, has become a hit in Victoria Falls with scores of local tourists flocking to sample it to view the majestic waterfall during the just ended Easter holidays...

By Staff reporter | Published: 04 April 2018

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