BUSINESS NEWS

New boss for Tourism Business Council

THE Tourism Business Council of Zimbabwe (TBCZ) has appointed Ms Winnie Muchanyuka as its new president, replacing Mr Tich Hwingwiri. Ms Muchanyuka was the vice-president of the Zimbabwe Council of To...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

Zimbabwe assets biggest and best buy in Africa - Prof Ncube

Zimbabwean assets are the biggest and best buy in Africa for investors at the moment while property rights are very secure, Finance and Economic Development Minister Professor Mthuli Ncube has said. I...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

Mnangagwa to set up advisory council

Government is ready to consider ideas and suggestions from the private sector in building the Second Republic and is in the process of setting up a business advisory council to bridge the gap between ...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

Fuel companies call for 2-week forex cover

Fuel firms operating in the country have said Government should supply them with two-week worth of foreign currency cover to ensure there are no gaps that "exaggerate" the fuel shortages. Appearing be...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

Mthuli Ncube in timely US intervention

Finance and Economic Development Minister Professor Mthuli Ncube yesterday made a timely intervention as he submitted a detailed paper on Zimbabwe's economic and political reforms to a United States o...

By Tichaona Zindoga | Published: 07 December 2018

POLITICS

Mnangagwa, Chamisa talks kick off

There could finally be light at the end of tunnel for long suffering Zimbabweans, after it emerged yesterday that President Emmerson Mnangagwa and opposition leader Nelson Chamisa are indirectly engag...

By Staff reporter | Published: 06 December 2018

BUSINESS NEWS

Dollars vs Zollars

Government's insistence on a fixed 1:1 exchange rate has continued to create headaches for companies who have to report within prescribed accounting standards. This comes as the US dollar, adopted as ...

By Reuters | Published: 06 December 2018

POLITICS

Mnangagwa's big paycheck revealed

President Emmerson Mnangagwa and his two Vice-Presidents earn an average monthly salary of $17 500 each.According to the Blue Book, the government document which details its expenditure and debts, a t...

By newZWire | Published: 06 December 2018

POLITICS

Zimbabwe's white farmers 'getting poorer, sicker' as they await govt compensation

WHITE farmers in Zimbabwe, who were evicted from their properties years ago, have been experiencing a drop in food production, and their hope to get government financial help to compensate any losses ...

By newsweek | Published: 06 December 2018

BUSINESS NEWS

Potraz boss in court for corruption

POSTAL and Telecommunications Regulatory Authority (Potraz) director-general Gift Kallisto Machengete appeared at Harare Magistrates' Court yesterday facing criminal abuse of office charges after he a...

By Staff reporter | Published: 06 December 2018

POLITICS

Matemadanda torches storm

MDC Bulawayo provincial spokesperson Felix Magalela Sibanda yesterday lambasted the Zimbabwe National Liberation War Veterans Association (ZNLWVA) secretary-general Victor Matemadanda over his comment...

By Staff reporter | Published: 06 December 2018

POLITICS

Flush out money changers, says Zanu-PF

ZANU-PF members in Bulawayo have raised concern over the continued existence of illegal foreign currency dealers they claim are now operating in secret to evade arrest, and called for the re-introduct...

By Staff reporter | Published: 06 December 2018

POLITICS

Mugabe ally's trial postponed to next year

THE trial of former Midlands Provincial Affairs minister Jason Machaya, which has failed to take off on several occasions, has been rolled over to next year.The trial had been scheduled to kick off ye...

By Staff reporter | Published: 06 December 2018

BUSINESS NEWS

Zimbabwe bonus payments to power retail boom

ZIMBABWE'S retail sector is seen picking up in the short-term as consumer spending is expected to firm up following Treasury's timely payment of bonuses for civil servants this year.Government, for th...

By Staff reporter | Published: 06 December 2018

BUSINESS NEWS

Wicknell Chivayo escalates fight to have fraud charges dismissed

IntratRek Zimbabwe director Wicknell Chivayo, who is facing a $5,6 million fraud charge in a botched Zimbabwe Power Company (ZPC) solar project deal, has petitioned the High Court, seeking a review of...

By Staff reporter | Published: 06 December 2018

POLITICS

Zimbabwe now a regional security threat, claims Chamisa's MDC

Zimbabwe is fast degenerating into a regional security threat as its economic situation worsens, the opposition MDC party said yesterday and announced plans for more demonstrations against government....

By Staff reporter | Published: 06 December 2018

POLITICS

Chinotimba identifies prostitute in Parliament

ZANU-PF's Buhera South MP Joseph Chinotimba caused furore in the National Assembly yesterday after calling MDC Alliance leader of the House Thabitha Khumalo a prostitute, leading to her walking out wi...

By Staff reporter | Published: 06 December 2018

BUSINESS NEWS

Govt, doctors talks deadlocked

THE strike by doctors at public hospitals, which started last weekend, is set to continue after a meeting between Health minister Obadiah Moyo and the doctors' representatives yesterday ended without ...

By Staff reporter | Published: 06 December 2018

EDUCATION

Scramble for Form One boarding entrance

A MAJORITY of boarding schools countrywide are overwhelmed by online applications from pupils seeking Form One places for next year. Permanent Secretary in the Ministry of Primary and Secondary Educat...

By Staff reporter | Published: 06 December 2018

BUSINESS NEWS

Econet unit launches instant loan platform

CASSAVA Smartech banking unit, Steward Bank and Ecocash yesterday launched a platform where Econet mobile network subscribers will be able to open bank accounts through cell phones in a minute. Codena...

By Staff reporter | Published: 06 December 2018

POLITICS

MDC Alliance MPs accused of hypocrisy

Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi yesterday accused MDC Alliance House of Assembly representatives of hypocrisy for demanding to have Cabinet ministers attend Parliamen...

By Staff reporter | Published: 06 December 2018

BUSINESS NEWS

Stock up for Christmas, retailers urged

Government is working flat out to ensure the availability of goods in shops especially this festive season, VP Kembo Mohadi has said. In a speech read on his behalf during the Confederation of Zimbabw...

By Staff reporter | Published: 06 December 2018

BUSINESS NEWS

Zimbabwe, India seal $25m drugs deal

Government has concluded a $25 million deal for medical equipment, medicines and surgical sundries with India to ease drug shortages and deal with price distortions. This comes as junior doctors at pu...

By Staff reporter | Published: 06 December 2018

POLITICS

Mnangagwa ready to seize idle land owned by top allies

PRESIDENT Emmerson Mnangagwa says his government was ready to seize and redistribute tracts of idle farmland mostly owned by his top Zanu-PF allies.This follows a land audit which unearthed multiple f...

By newzimbabwe | Published: 05 December 2018

POLITICS

Mudzuri not on MDC agenda

THE Nelson Chamisa-led MDC is heading into a potentially explosive standing committee meeting today following the embarrassing and hostile reception deputy president Elias Mudzuri received at last wee...

By Staff reporter | Published: 05 December 2018
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