POLITICS

Mugabe's opponents reunites

Zimbabwe's main opposition leader Morgan Tsvangirai on Saturday reunited with his former allies to agree a pre-election pact to challenge President Robert Mugabe's near four-decade hold on power at th...

By Thomson Reuters. | Published: 05 August 2017

BUSINESS NEWS

'Give bond notes local currency value'

The Government has been urged to remove pegs between bond notes and the United States dollar for the surrogate money to establish its own value and become local currency.The need for a local currency ...

By Staff reporter | Published: 05 August 2017

BUSINESS NEWS

Zimra loses millions to car smugglers

A syndicate of car importers is prejudicing the country of millions in potential tax revenues through the smuggling of vehicles using various intricate methods, which include registering as returning ...

By Staff reporter | Published: 04 August 2017

BUSINESS NEWS

9 top Zimra bosses under investigations

About six top Zimbabwe Revenue Authority (Zimra) managers are currently under the microscope as the taxman intensifies lifestyle audits to weed out corrupt elements in its systems.The identities of th...

By Staff reporter | Published: 04 August 2017

BUSINESS NEWS

Over 2 000 retrenched

NEARLY 1 300 workers have been retrenched from various sectors of the economy in the second quarter of 2017 with parastatals accounting for more than 60% of those laid off, bringing the number of thos...

By Staff reporter | Published: 04 August 2017

POLITICS

Mnangagwa in dodgy project

VICE-President Emmerson Mnangagwa is entangled in a multi-million dollar chrome deal involving dodgy South African investors illegally granted permission to import fuel duty-free under the guise they ...

By Staff reporter | Published: 04 August 2017

BUSINESS NEWS

'Back new bond notes with more US dollars'

The move by the Reserve Bank of Zimbabwe (RBZ) to increase the current $200m bond notes in the Zimbabwean economy to $500m must be backed by equivalent amounts of US dollars to help defend the value p...

By Staff reporter | Published: 04 August 2017

POLITICS

Govt pays batch of civil servants bonuses

THE Government yesterday paid another batch of civil servants their July salaries and 2016 bonuses, with the grant aided institutions expected to receive their dues on Thursday next week. Public Servi...

By Staff reporter | Published: 04 August 2017

BUSINESS NEWS

Zim needs $12bn to address power deficit

ZIMBABWE requires about $12 billion to address its power deficit and meet future needs of a vibrant industry and economy, the energy regulator has said.Of this figure, a quarter of the funding is need...

By Staff reporter | Published: 04 August 2017

OPINION

Closing the bond notes debate

The bond notes had managed, against dire predictions, to hold their own. But those opposed to the introduction of a local currency haven't relented in their efforts to junk the bond note. They are det...

By Joram Nyathi | Published: 04 August 2017

BUSINESS NEWS

ZSE sets up investment fund

THE Zimbabwe Stock Exchange (ZSE) will next month establish a portfolio investment fund to address delays associated with the repatriation of foreign exchange for security related transactions.Reserve...

By Staff reporter | Published: 04 August 2017

BUSINESS NEWS

RBZ increases Diaspora remittances incentive

THE Reserve Bank of Zimbabwe (RBZ) has increased incentives for Diaspora remittances from three percent to 10 percent effective August 1, 2017 to encourage channelling of remittances through formal ch...

By Staff reporter | Published: 04 August 2017

BUSINESS NEWS

VTCs to set-up demonstration plots

Cabinet on Tuesday agreed that vocational training centres establish agricultural demonstration plots to help youths benefit from farming, Youth, Indigenisation and Economic Empowerment Minister Patri...

By Staff reporter | Published: 04 August 2017

BUSINESS NEWS

Zimra loses millions to car smugglers

A syndicate of car importers is prejudicing the country of millions in potential tax revenues through the smuggling of vehicles using various intricate methods, which include registering as returning ...

By Staff reporter | Published: 04 August 2017

BUSINESS NEWS

Rand adoption not necessary

The Reserve Bank of Zimbabwe (RBZ) says the adoption of the South African Rand as the official transacting currency for Zimbabwe is not necessary as it will lead to speculative tendencies, fuel inflat...

By Staff reporter | Published: 03 August 2017

BUSINESS NEWS

SADC power generation grows

The improved performance of some power generating units coupled with additional capacity from some of the region's new built projects has resulted in a stable power supply system with a surplus not se...

By Staff reporter | Published: 03 August 2017

POLITICS

Mbeki, Mugabe meet Zimbabwe Security chiefs

Former South African leader Thabo Mbeki attended Tuesday's Cabinet meeting before holding a meeting with the country's security chiefs and President Robert Mugabe amid growing concerns in the southern...

By Staff reporter | Published: 03 August 2017

BUSINESS NEWS

NUST opens DNA testing clinic

The National University of Science and Technology (Nust) has set up a DNA testing facility offering quick and easy tests to determine paternity and other biological connections.Nust's Applied Genetic ...

By Staff reporter | Published: 03 August 2017

POLITICS

Reprieve for Zim Special Permit holders in SA

The South African Cabinet has resolved that migrant Zimbabwean nationals living in the country be given another opportunity to apply for work permits to extend their stay."Cabinet approved that the d...

By Staff reporter | Published: 03 August 2017

EDUCATION

Zim graduates to be absorbed by DISHes

Higher and Tertiary Education, Science and Technology Development Minister Professor Jonathan Moyo speaking at the Hillside Teachers' College graduation ceremonyGraduates who leave universities and co...

By Staff reporter | Published: 03 August 2017

POLITICS

Mugabe averse to austerity

JUST over a week after Finance Minister Patrick Chinamasa talked up government's commitment to austerity, President Robert Mugabe, did not only sing from a different page, but also shredded Treasury's...

By Staff reporter | Published: 03 August 2017

BUSINESS NEWS

Italian firm to complete Batoka feasibility study by Dec

ITALIAN firm, Studio Pietrangeli, has failed to update feasibility studies for the proposed 2 400 megawatt Batoka Gorge Hydroelectric Scheme as scheduled, despite winning the tender for the project fo...

By Staff reporter | Published: 03 August 2017

BUSINESS NEWS

Vic Falls gets boost from airport expansion

THE expansion of the Victoria Falls International Airport has seen global arrivals increasing by 25 percent in the first half of this year, but industry players say there is need for government to ens...

By Staff reporter | Published: 03 August 2017

POLITICS

Grace Mugabe guns for VP post

The wife of President Robert Mugabe, Grace, might as well consider running as Zanu-PF's presidential candidate in 2023 if she happens to secure one of the positions of vice president ahead of next yea...

By Staff reporter | Published: 03 August 2017

POLITICS

Chinamasa meets civil servants

Finance and Economic Development Minister Patrick Chinamasa yesterday met civil servants' unions and urged them to take up residential stands being developed by the Infrastructural Development Bank of...

By Staff reporter | Published: 03 August 2017

Latest News

Latest Published Reports

Latest jobs