BUSINESS NEWS

Gweru rejects $200k roads plan

GWERU city fathers have rejected a deal put forward by the local authority's management to channel over $200 000 from its coffers to pay a private company to complete rehabilitation of roads in the de...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Harare to splash US$23 000 on iPads

CASH-strapped Harare City Council, which is struggling to buy chemicals to treat drinking water, is set to splash US$23 000 on councillors' iPads. Each of Harare's 46 councillors plus some selected co...

By Staff reporter | Published: 05 July 2019

POLITICS

Chamisa pleads with Mnangagwa

MDC leader Nelson Chamisa has indicated he is willing to talk to President Emmerson Mnangagwa in order to move the country forward if the dialogue does not result in him being part of government.Chami...

By Staff reporter | Published: 13 June 2019

POLITICS

Tsvangirai's son pleads for talks

The late MDC leader Morgan Tsvangirai's eldest son yesterday made an impassioned plea to the country's political leaders to set their difference aside and help resolve the economic crisis facing the c...

By Staff reporter | Published: 05 May 2019

MINING & RETAIL

Nando's flame-grilled chicken spreads its wings

Fast food giant, Nandos, today opens a new branch at Fife Avenue Shopping Centre in Harare. Yesterday, a publicist told The Herald that the company eyed to dominate the environs, buoyed by its saucy t...

By Staff reporter | Published: 03 May 2019

BUSINESS NEWS

BCC, Zinara in $15m Bulawayo roads rehab project

THE City of Bulawayo in conjunction with Zimbabwe National Roads Administration (Zinara) has embarked on a $15 million joint roads rehabilitation programme which is likely to spruce up the city's poth...

By Staff reporter | Published: 29 April 2019

BUSINESS NEWS

Zimbabwe's economy heads towards stagflation

Economists have warned that Zimbabwe risks sinking into stagflation on the back of a simultaneous occurrence of increased inflation, galloping prices, low domestic demand, rising unemployment coupled ...

By Business Times | Published: 26 April 2019

FINANCIAL SERVICES

Ipec reads riot act to insurance firms

Businesses in the insurance industry that fail or delay paying out claims of admitted liabilities under any policies risk having their operating licences cancelled as stipulated at law, according to t...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

China takes over Chimanimani roads rehab

THE Chinese government has offered to rehabilitate all roads washed away by Cyclone Idai in Chimanimani at its own cost and has already contracted six private Asian companies to carry out the project....

By Staff reporter | Published: 24 April 2019

INDUSTRIALS & ENERGY

Merlin judicial manager pleads with shareholders

MERLIN judicial manager Cecil Madondo has pleaded with company shareholders to withdraw court cases or risk the company's total shutdown.Once listed among the largest textile companies in the country,...

By Staff reporter | Published: 12 February 2019

BUSINESS NEWS

China leads Zimbabwe cities revamp

THE future has arrived, and it looks nothing like what anyone expected. In the midst of a debilitating economic crisis, Zimbabwean urban centres are plagued by pollution, poverty and crumbling infrast...

By Staff reporter | Published: 07 December 2018

POLITICS

Doctors' strike spreads

JUNIOR doctors at public hospitals yesterday stepped up their strike for better working conditions and remuneration, forcing some major hospitals to close down key departments and discharge "stable" p...

By Staff reporter | Published: 04 December 2018

BUSINESS NEWS

Red tape stalls Harare roads rehabilitation

THE resurfacing of roads in Harare under the emergency roads rehabilitation programme has stalled in other parts of the city after contractors pulled out, citing non-payment by the local authority.Bit...

By Staff reporter | Published: 26 November 2018

BUSINESS NEWS

Duty on pads removed

FINANCE and Economic Development Minister Professor Mthuli Ncube yesterday suspended customs duty on sanitary wear for the next one year. Presenting the 2019 National Budget in Parliament, Prof Ncube ...

By Staff reporter | Published: 23 November 2018

POLITICS

Mnangagwa heads to Mashonaland West

PRESIDENT Mnangagwa heads to Mashonaland West this weekend as he launches "Thank You Rallies" to express gratitude to the people who voted for him and Zanu-PF in the July 30 harmonised elections. Zanu...

By Staff reporter | Published: 20 November 2018

POLITICS

Zimbabwe road upgrades gather pace

THE modernisation of major roads, particularly the much-talked about Harare-Beitbridge highway, is gathering pace after Government officials met Anhui Foreign Economic Construction Corporation (AFECC)...

By Staff reporter | Published: 30 September 2018

POLITICS

Kagame pleads Mnangagwa's case

AFRICAN Union (AU) chairperson and Rwandan leader, Paul Kagame has made an impassioned plea for the international community to give Zimbabwe's President Emmerson Mnangagwa "a chance" to allow the coun...

By Staff reporter | Published: 27 September 2018

BUSINESS NEWS

Mthuli Ncube embarks on stakeholder listening & consulting roadshow

Minister of Finance and Economic Development Professor Mthuli Ncube embarks on stakeholder listening and consulting roadshow, starting with private meeting with fifty captains of industry. New Zi...

By Agencies | Published: 12 September 2018

INDUSTRIALS & ENERGY

Zim makes inroads on electric vehicles

Zimbabwe, the first and only African country to successfully set up a lithium-ion battery carbonate plant, is poised for a major role in the trillion dollar electric vehicles (EV) industry as it emerg...

By Staff reporter | Published: 27 July 2018

POLITICS

Chamisa's 'bullet train' heads to Bindura

The MDC Alliance is conducting roadshows in Mashonaland Central province to mobilise support ahead of its presidential candidate Nelson Chamisa's star rally scheduled for Bindura's Chipadze Stadium to...

By Staff reporter | Published: 26 July 2018

POLITICS

MDC Alliance at crossroads

The MDC Alliance is between a hard place and a rock as it holds a crucial meeting with the Zimbabwe Electoral Commission (Zec) over key demands it wants addressed before Monday's national harmonised e...

By Staff reporter | Published: 24 July 2018

POLITICS

Chiwenga embraces Chamisa's 'spaghetti roads'

VICE-PRESIDENT Constantino Chiwenga yesterday unwittingly embraced MDC Alliance presidential candidate Nelson Chamisa's "spaghetti roads" idea saying they were the only viable solution to the country'...

By Staff reporter | Published: 17 July 2018

BUSINESS NEWS

Mnangagwa misleads country on food self sufficiency

President Emmerson Mnangagwa is grossly misleading the country regarding food self sufficiency, a leading financial research firm has said.Equity Axis said latest trade data show a spike in maize impo...

By Staff reporter | Published: 17 July 2018

BUSINESS NEWS

$400m for roads rehabilitation

GOVERNMENT is working towards raising US$300 million from bonds issued by the Zimbabwe National Roads Administration (Zinara) for road repairs across the country.Separately, US$100 million has already...

By Staff reporter | Published: 15 July 2018

POLITICS

MDC Alliance too broke to pay for ads

The MDC Alliance led by Mr Nelson Chamisa yesterday admitted it was struggling to raise money to pay for advertising slots availed by the Zimbabwe Broadcasting Corporation on both radio and television...

By Staff reporter | Published: 11 July 2018
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