BUSINESS NEWS

ZimTrade calls for abolition of export permits

ZIMBABWE'S national trade development and promotion organisation ZimTrade, has called on Government to abolish export permits on a long list of products as part of efforts to enhance local industry's ...

By Staff reporter | Published: 29 August 2017

BUSINESS NEWS

Labour Court slams ministry for bungling

The Ministry of Public Service, Labour and Social Welfare has been slammed for bungling, which has seen the clandestine registration of a trade union without following the provisions of the law.Labour...

By Staff reporter | Published: 29 August 2017

BUSINESS NEWS

$30m Mutare urban renewal project begins

Civil works have started on the $30 million urban renewal project in Mutare's Sakubva high density suburb, that will result in the demolition of old and delapidated houses and flats to pave way for hi...

By Staff reporter | Published: 29 August 2017

BUSINESS NEWS

Vehicle registration charges to fall 50%

Government is finalising the slashing of transporter service fees and vehicle registration charges by almost 50 percent as part of measures to improve the Ease of Doing Business and open the sector to...

By Staff reporter | Published: 29 August 2017

BUSINESS NEWS

New insurance regulations gazetted

NEWLY gazetted insurance regulations on capitalisation of insurance firms will require significant discounting of values of all quoted equities and investments in unquoted or private equity for purpos...

By Staff reporter | Published: 29 August 2017

OPINION

New pay structure for parastatal bosses noble

I would like to applaud Government, through the Office of the President and Cabinet (OPC) for its efforts in setting new payment structure for parastatal and State enterprise bosses.The move, which is...

By Peacemaker Zano | Published: 28 August 2017

BUSINESS NEWS

IDBZ to commence work on road projects

The Infrastructure Development Bank of Zimbabwe is set to begin feasibility studies on the construction of the proposed Chilonga - Runde River Bridge and Boli Road project in Masvingo Province.IDBZ s...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Obert Mpofu's company dragged to court

Total Zimbabwe (Private) Limited (Total) has dragged Macro-Economic Planning and Investment Promotion minister Obert Mpofu's company Khanondo Safaris to the High Court demanding $31 000 for diesel sup...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Zimbabwe urged to embrace GMOs

Zimbabwe has been urged to embrace genetically modified (GM) crops to improve harvests and reduce crop production costs.This comes as government has remained rigidly averse to GM crops, commonly known...

By Staff reporter | Published: 28 August 2017

EDUCATION

Industrial attachment for college lecturers

Government has expressed dissatisfaction at the quality of skills being churned out by technical colleges, and called on lecturers to go for industrial attachment.Higher and Tertiary Education deputy ...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

'Rein in institutions abusing foreign currency'

Mines and Mining Development Minister Walter Chidhakwa has appealed to the Reserve Bank of Zimbabwe to prioritise crucial external payments for the mining sector.Zimbabwe, which is using the United St...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

'Liquidity crisis a temporary setback'

THE prevailing liquidity challenge in the economy is a temporary phase that should not distract industry focus on improving productivity.Industry and Commerce Deputy Minister Chiratidzo Mabuwa said th...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

New pay structure for parastatal bosses

THE Office of the President and Cabinet has drafted a new pay structure that sets benchmarks on salaries earned by chief executive officers of parastatals and State enterprises.Figures of the new sala...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Experts question exclusion of Masiyiwa from SEZs

The Government should allocate specific funding in the national budget and establish a secretariat to facilitate speedy implementation of Special Economic Zones (SEZs), economic experts say.Zimbabwe h...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Normal to below normal rains expected this season

SOUTHERN African countries have been urged to prepare for the worst for the 2017/18 rainfall season, after a regional forecast released over the weekend showed there will be a drought in the first hal...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Arda Transau expects bumper wheat harvest

EIGHTY-SIX families resettled at ARDA Transau from Chiadzwa in 2010 are expecting a bumper wheat harvest from 40 hectares of land which they planted under Government's Command Wheat programme.Chairper...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

$80m invested in mini hydro power stations

At least $80 million has been invested by private players in mini hydro power stations in Manicaland in recent months and more new such stations are expected to come on line following the liberalisati...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Govt sets aside $5m for retrenched workers

Government is creating a database of thousands of workers affected by the 2015 retrenchments, with a view to offer them loans to start income generating projects, Public Service, Labour and Social Wel...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

'Healers can start own medical aid schemes'

Government has given traditional healers the green light to start their own medical aid societies after revelations that over 80 percent of Zimbabweans prefer their services. Speaking during the Minis...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Bid to block Zinara probe backfires

FOUR senior public officials, including two directors in the Ministry of Transport and Infrastructural Development, have been suspended for trying to block investigations into the abuse of State fund...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Govt lures private players in energy sector

Government is finalising the Renewable Energy Policy and Independent Power Producer (IPP) framework which is set to enhance private sector participation in the sector, Energy and Power Development min...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Zim Economic Zones Authority on the cards

The establishment of the special economic zones will witness the emergence of a regime within a government as some laws that operate in the country like the indigenisation and economic empowerment act...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Zim - SA aviation tiff was poorly handled

The wrangle between Zimbabwean and South African aviation authorities, which left thousands of travellers between the two countries stranded over the weekend, could have been handled differently.Thous...

By Staff reporter | Published: 28 August 2017

POLITICS

Mugabe shame ZRP over its roadblocks

President Robert Mugabe yesterday endeared himself to thousands of mourners at the National Heroes Acre and millions of viewers at home, when he shamed the Zimbabwe Republic Police (ZRP) over its ub...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Zim microfinanciers accept livestock as collateral

Some microfinance institutions are now accepting livestock as collateral to help rural-based and young entrepreneurs access project financing, Standardbusiness has learnt.Since the start of the year, ...

By Staff reporter | Published: 28 August 2017

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