AN escalation of imports by ZESA Holdings resulted in a 444 percent surge in electricity purchases to $221 million last year, as the country's power utility sought to close the generation gap and aver...
By Staff reporter | Published: 14 September 2017
HOPES that the Indigenisation and Economic Empowerment Act would be amended before next year's elections were this week dashed after President Robert Mugabe skirted the law in his legislative agenda f...
By Staff reporter | Published: 14 September 2017
THERE is a need to investigate the reasons behind some industry players failing to access the foreign currency allocated to them by the Reserve Bank of Zimbabwe.The Confederation of Zimbabwe Industrie...
By Staff reporter | Published: 14 September 2017
At least 30 parastatals and State enterprises were not audited last year for various reasons which will be revealed by Accountant-General Mr Daniel Muchemwa when he tables a comprehensive report befor...
By Staff reporter | Published: 14 September 2017
OPPOSITION parties and civic groups have expressed outrage at reports that President Robert Mugabe's delegation of more than 70 people to the forthcoming United Nations General Assembly will blow ove...
By Staff reporter | Published: 14 September 2017
PRESIDENT Mugabe has bemoaned the continued loss of lives in road traffic accidents and said a Motor Vehicle Accident Fund is on the cards as a measure of relief to survivors and families of victims.S...
By Staff reporter | Published: 13 September 2017
The Securities Exchange Commission of Zimbabwe (SECZ) has set its eyes on the diaspora as it accelerates its campaign to lure investors on the capital markets.The push to lure the diaspora will be aid...
By Staf reporter | Published: 13 September 2017
ALL economic sectors in Zimbabwe are facing serious challenges, chief among them the lack of access to foreign currency and influx of cheap imports, the Confederation of Zimbabwe Industries (CZI) has ...
By Staff reporter | Published: 13 September 2017
Despite the dwindling formal sector that has traditionally been the anchor of the country's economy, government, through the ministry on Health and Child Care, is determined to soon introduce a Nation...
By Staff reporter | Published: 12 September 2017
More than 83 percent of the conventional supermarkets, fast food outlets and retail shops have complied with the directive on the ban on the use of kaylite (polystyrene) food packaging.The problem is ...
By Staff reporter | Published: 12 September 2017
IN response to Mugabe to blame for parastatal mess: ZCTU: Your report that the Zimbabwe Congress of Trade Unions (ZCTU) blames President Robert Mugabe for the collapse of State-owned companies is spot...
By Staff reporter | Published: 12 September 2017
The cost of a monthly food basket for a family of six has increased by 0.52 percent to $579.84 in August due to fluctuation in fuel prices and the use of plastic money.In its latest report, the Consum...
By Staff reporter | Published: 12 September 2017
The value of bond notes has gone down by more than 50% on the parallel market, showing rising inflation remains on course a local financial research firm has revealed.Research firm, IH Securities said...
By Staff reporter | Published: 12 September 2017
THE funeral assurance industry is targeting to venture into property development as the sector seeks to diversify its fortunes. This comes after several financial institutions and insurance firms have...
By Staff reporter | Published: 12 September 2017
The proposed annual registration of medical aid service providers is a threat to continuity of business and confidence as this is likely to create uncertainty and promotes looting by members, Associat...
By Staff reporter | Published: 12 September 2017
CRAFT Properties, the largest real estate company in Kadoma, says work has commenced in earnest at its agro-residential plots project. The agro-residential plots are situated at Mandalay of Sabonabona...
By Staff reporter | Published: 12 September 2017
A FIERCE clash between Fidelity Life (Fidelity) and hundreds of its customers over contractual differences at the company's South View Park project has escalated to cabinet level amid information a gr...
By Staff reporter | Published: 12 September 2017
THE Construction Industry Pension Fund has plans to construct a state of the art shopping mall in Harare's western satellite town of Norton. CIPF has already opened the tendering process whose adjudic...
By Staff reporter | Published: 12 September 2017
A CHINESE firm has been awarded the tender to construct National University of Science and Technology (NUST) student hostels, the Infrastructural Development Bank of Zimbabwe (IDBZ) has said.In a stat...
By Staff reporter | Published: 12 September 2017
Zimbabwe has 16 power projects at various stages of construction with a potential of generating 6 000 megawatts of power when complete which is significant towards ending the power deficit within the ...
By Staff reporter | Published: 11 September 2017
Zimbabwe's ruling elite has diverted the country's vast diamond riches to help fund repression by dodging sanctions and raising money for security forces, an anti-corruption campaign group alleged Mon...
By Agencies | Published: 11 September 2017
First Lady Grace Mugabe has reportedly denied that she assaulted a young South African model Gabriella Engels, 20, after she allegedly found her with one of her two sons Bellarmine Chatunga at a hotel...
By Staff reporter | Published: 11 September 2017
The increasingly threatening rhetoric between Zimbabwe and South Africa over the legacy of Nelson Mandela - who guided his country from the shackles of apartheid to multi-racial democracy - risks trig...
By Gift Phiri | Published: 11 September 2017
First Lady Grace Mugabe has pleaded with her detractors to stop smearing the image of President Robert Mugabe's Alpha Omega Dairy (Pvt) Ltd saying it is negatively affecting business.The business came...
By Staff reporter | Published: 11 September 2017
COMPANIES will this week start drawing down the $600 million nostro stabilisation facility that the Reserve Bank of Zimbabwe (RBZ) successfully negotiated from the African Export Import Bank.In the 20...
By Staff reporter | Published: 11 September 2017
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
