POLITICS

Mnangagwa stuffs cabinet with family, loyalists

OPPOSITION Citizen Coalitions for Change (CCC) is steamed up after President Emmerson Mnangagwa appointed his family members and loyalists to ministerial positions.Mnangagwa announced his new cabinet ...

By Staff reporter | Published: 12 September 2023

POLITICS

Protesters plan Beitbridge Border Post shutdown

Zimbabweans in South Africa are mobilizing for protests that could disrupt operations at the Beitbridge border post, the country's busiest crossing, in response to concerns about Zimbabwe's disputed A...

By Staff reporter | Published: 12 September 2023

OPINION

Zimdollar future hangs in the balance

IT is imperative for every successful and expanding economy in the world to have its own currency and monetary policy. I make that statement because it is important for all Zimbabweans to understand t...

By Eddie Cross | Published: 12 September 2023

BUSINESS NEWS

Dutch firm blocked from purchasing Astra Industries parent company

A REGIONAL regulatory body has blocked Dutch paint and coatings firm, AkzoNobel N, from acquiring a stake in the Mauritian and South African subsidiaries of Japanese chemical firm, Kansai Paint Co Ltd...

By Staff reporter | Published: 12 September 2023

POLITICS

David Coltart elected Bulawayo mayor

NEWLY-elected Ward 4 Councillor, David Coltart, of the Citizens Coalition for Change (CCC) was yesterday sworn in as the new mayor for the City of Bulawayo.He will be deputised by Ward 9 Councillor, D...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

NRZ targets US$1m from property leases

National Railways of Zimbabwe (NRZ) is targeting to generate at least US$1 million annually from leasing out some of its properties across the country as part of an initiative to widen its revenue bas...

By Staff reporter | Published: 12 September 2023

POLITICS

Zimbabwe's new MPs to declare assets

All newly sworn-in Members of Parliament (MPs) have a deadline of November 7 to submit their financial interests lists to Parliament, as mandated by the Constitution and Parliament's standing rules an...

By Staff reporter | Published: 12 September 2023

POLITICS

Ian Makone elected Harare mayor

CCC councillor for Ward 18 Ian Makone has been elected Harare mayor and will run the city's affairs for the next five years.He will be deputised by Ward 41 councillor Kudzai Kadzombe (CCC).The process...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

Varun Beverages in expansion drive

Varun Beverages Zimbabwe is planning for further capacity expansion, which should see the beverages maker put more production lines in the country, as it seeks to meet growing demand for affordable be...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

IDBZ resolute in supporting NDS1

The Infrastructure Development Bank of Zimbabwe (IDBZ) says projects with an estimated value of US$68,8 million were committed to the bank's project pipeline during the half year to June 2013 as the G...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

Concern over Masvingo black market

The Zimbabwe National Chamber of Commerce (ZNCC) has castigated the emergence of a black market for some basic commodities in the city of Masvingo saying it's adversely affecting operations of superma...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Zimbabwe has sufficient water for winter irrigation

The Zimbabwe National Water Authority (ZINWA) has said the country's dams have sufficient water to meet the winter cropping irrigation needs.ZINWA spokesperson, Marjorie Munyonga told Business Times t...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Mixed feelings over produce market

Informal traders in the City of Mutare have raised mixed feelings over the establishment of a produce market in the sprawling suburb of Dangamvura.The Mutare City Council in partnership with Care and ...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Concern over theft, vandalism of bins in Bulawayo

The Bulawayo City Council (BCC) has expressed concern over the sharp increase in the theft and vandalism of its bins.Speaking during a stakeholder meeting in Bulawayo, Ward 12 councillor, Lilian Mlilo...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Outcry over RDC levy

Cattle farmers have raised concern over the exorbitant levy charged by the Rural District Councils (RDC) when selling live cattle to a commercial buyer which has affected their operations.Currently, f...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Call to improve Harare's bad liveability ranking

The city of Harare should work to improve its bad ranking in the liveable index to attain world class city status, Harare Residence Trust director Precious Shumba has said.Harare City Council has been...

By Staff reporter | Published: 02 June 2022

All set for women in PR conference

The Institute of Public Relations and Communication Zimbabwe (IPRCZ) will hold a conference for women in public relations at the end of this month in the capital Harare.Information, Publicity and Broa...

By Staff reporter | Published: 02 June 2022

Mnangagwa appoints diplomat Faranisi as perm sec

President Emmerson Mnangagwa has appointed Ambassador Tayerera Faranisi as the new permanent secretary in the Ministry of Environment, Climate, Tourism and Hospitality Industry with effect from August...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Zimdollar strengthens against the real US dollar

The local currency appreciated for the first time against the US dollar after it firmed a marginal 0.094% to 83.3209 from 83.3994. This followed a drop in both the highest and lowest bids to 87.5 and ...

By Staff reporter | Published: 01 September 2020

BUSINESS NEWS

Concerns that informal market may mop up US$ as parallel rates creep up

Industry is yet to gather data on how much sales are being generated in foreign currency although there is an increase in the use of domestic nostro accounts to settle transactions as RTGS liquidity b...

By Staff reporter | Published: 01 September 2020

BUSINESS NEWS

Mnangagwa okays US dollar use

PRESIDENT Emmerson Mnangagwa has gazetted Statutory Instrument 85/20, which will allow citizens and businesses to charge goods and services using the United States (US) dollar as part of combating the...

By Staff reporter | Published: 31 March 2020

BUSINESS NEWS

RBZ suspends 30-day forex liquidation requirement

The Reserve Bank of Zimbabwe has suspended the 30-day liquidation requirement on un-utilized foreign currency balances for exporters to support its use of free-funds policy. Last week the RBZ announce...

By Staff reporter | Published: 31 March 2020

POLITICS

Massive border fence between South Africa and Zimbabwe

In response to the Covid-19 pandemic, government is to erect a 40km fence within a month to ensure that no undocumented or infected persons cross the border into South Africa from Zimbabwe and vice ve...

By SA News | Published: 19 March 2020

BUSINESS NEWS

Tax breaks for renewable energy investors as govt launches new policy

Government has dangled a carrot to potential investors in the renewable energy sector by giving tax breaks as well as awarding national project status for such ventures.This is contained in the new en...

By Staff reporter | Published: 19 March 2020

POLITICS

Chombo removed from remand

FORMER Local Government minister, Ignatius Chombo, was yesterday removed from remand in a case he is accused of illegally facilitating the sale of a government house in Mutare to ex-Zanu-PF legislator...

By Staff reporter | Published: 18 March 2020
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