BUSINESS NEWS

SEZ approves investors for Bulawayo

The Special Economic Zones Authority says it has approved three investors for special economic zone status in Bulawayo.This follows the declaration of Belmont, Kelvin and Donnington industrial areas a...

By Staff reporter | Published: 07 February 2019

BUSINESS NEWS

Cabinet approves parastatal reforms

CABINET yesterday approved a litany of measures meant to strengthen under-performing parastatals such as Air Zimbabwe, the Grain Marketing Board and Zesa Holdings.Addressing journalists soon after the...

By Staff reporter | Published: 06 February 2019

BUSINESS NEWS

Mnangagwa's govt rapped for dilly-dallying over Motlanthe recommendations

LEGAL think-tank Veritas has rapped government's lethargy in implementing recommendations of the Commission of Inquiry into the August 1, 2018 post-election violence in which military personnel shot a...

By Staff reporter | Published: 05 February 2019

BUSINESS NEWS

Zimbabwe retailers appeal for distress fund

Retailers have called on Government to establish a distress fund that will help re-capacitate and restock businesses that fell victim to the looting and vandalism that took place during last week's vi...

By Staff reporter | Published: 25 January 2019

BUSINESS NEWS

Mnangagwa's cabinet approves new cyber bill

With Zimbabwe's Internet shutdown still partly in place, the Information minister says that the government has crafted a new law to curb abuse of the Internet .Zimbabweans were left without Internet&n...

By Staff reporter | Published: 19 January 2019

POLITICS

Ex-MDC MP applauds Zimbabwe soldiers

The MDC-Alliance instigated violent protests witnessed early this week had nothing to do with an increase in the price of fuel or high cost of living among Zimbabweans, but part of the broader attempt...

By Staff reporter | Published: 19 January 2019

BUSINESS NEWS

Consumers appeal for protection against wave of pricing in forex

THE Consumer Council of Zimbabwe (CCZ) has appealed for urgent Government intervention in protecting consumers against the tide of foreign currency pricing of goods and services at a time when a major...

By Staff reporter | Published: 04 January 2019

FINANCIAL SERVICES

First Capital Bank approves unbundling of non-core assets

FIRST Capital Bank, formerly Barclays Bank Zimbabwe, has approved the unbundling of non-core assets set for listing on the Zimbabwe Stock Exchange (ZSE). In a renewal of cautionary statement to shareh...

By Staff reporter | Published: 01 January 2019

INDUSTRIALS & ENERGY

Zimplow appoints new CEO

DIVERSIFIED manufacturer, Zimplow Holdings Limited, has appointed Mr Vimbayi Nyakudya as the new group chief executive officer replacing Mr Mark Hulett. In a statement yesterday the company advised sh...

By Staff reporter | Published: 01 January 2019

BUSINESS NEWS

Zimbabwe drone operators to apply for operating licences

Drone operators are now required to register their aircrafts with Civil Aviation Authority of Zimbabwe (Caaz), the Daily News can report.The drones fall under the multi-rotor regulations that were rec...

By Staff reporter | Published: 31 December 2018

POLITICS

High Court throws out Machaya application

Former Minister of State for Midlands Provincial Affairs Jason Machaya's bid to have his abuse of office charges dropped has flopped after the High Court threw out his application due to lack of merit...

By Staff reporter | Published: 31 December 2018

BUSINESS NEWS

Bulawayo council approves sale of stands in forex

Bulawayo City Council (BCC) has approved the sale of housing stands in foreign currency, a move that is set to make them priced out of reach of many citizens, who have endured falling standards of lif...

By Staff reporter | Published: 20 December 2018

POLITICS

Biti applies for exception to all charges

MDC-Alliance principal Tendai Biti, who is facing charges of inciting violence in Harare post-election demonstration on August 1, yesterday made an application for exception to all charges on the basi...

By Staff reporter | Published: 11 December 2018

BUSINESS NEWS

TotalMedia appoints Ndlovu chief media officer

TotalMedia UM has elevated Nobuntu Ndlovu to the newly created role of chief media officer (CMO) with immediate effect.Ndlovu has been with TotalMedia UM, a subsidiary of Dicomm Holdings group, since ...

By Staff reporter | Published: 04 December 2018

TELECOMS & TECHNOLOGY

Shareholders approve Cassava demerger, separate listing

SHAREHOLDERS of Econet Wireless have approved the demerger of Cassava SmarTech from Econet Wireless Zimbabwe Limited, paving the way for the listing of a new diversified technology business called Cas...

By staff reporter | Published: 03 December 2018

POLITICS

Mthuli Ncube blocked from appointing Eddie Cross

In yet another controversy that has engulfed problems-prone Finance minister Mthuli Ncube, President Emmerson Mnangagwa has blocked him from appointing economist and former opposition kingpin - Eddie ...

By Staff reporter | Published: 03 December 2018

POLITICS

Kasukuwere application dismissed

A HARARE magistrate yesterday dismissed an application for exception to charges filed by former Local Government minister Saviour Kasukuwere, who is facing four counts of criminal abuse of office afte...

By Staff reporter | Published: 30 November 2018

POLITICS

Kasukuwere applies for exception

Former Cabinet Minister Saviour Kasukuwere, who is facing four counts of alleged abuse of office, yesterday made an application for exception on all the charges as he believes that he did not act crim...

By Staff reporter | Published: 22 November 2018

POLITICS

Maziwisa, Pambuka appeal thrown out

The High Court has thrown out an application by television personality Oscar Pambuka and former Zanu-PF MP for Highfield Psychology Maziwisa to overturn a decision by the Magistrates' Courts to be put...

By Staff reporer | Published: 21 November 2018

POLITICS

Obert Mpofu appears in court

FORMER Minister of Home Affairs and Culture Dr Obert Mpofu appeared in court yesterday after he was summoned to testify in a case in which Chief Felix Ndiweni and his 13 subjects are accused of destro...

By Staff reporter | Published: 20 November 2018

BUSINESS NEWS

Zambezi Gas, Coal Mine appeals to Govt

Zambezi Gas and Coal Mine has implored Government to expeditiously resolve a dispute in which it is accusing Makomo Resources of encroaching into 11 200 hectares of its Hwange-based concession.One of ...

By Staff reporter | Published: 20 November 2018

POLITICS

Court dismisses Chivayo application

A HARARE magistrate yesterday dismissed an application of exception of charges against businessman Wicknell Chivayo, who is accused of swindling the Zimbabwe Power Company (ZPC) of $5 million in a bot...

By Staff reporter | Published: 20 November 2018

POLITICS

Chamisa gives in, to appear before Motlanthe-led commission

THE MDC has called upon its party supporters to troop to Harare and rally behind their leader Nelson Chamisa during his appearance before August 1 shootings commission of inquiry tomorrow.The former S...

By Staff reporter | Published: 20 November 2018

BUSINESS NEWS

CZR wants 2% tax scrapped

THE Confederation of Zimbabwe Retailers (CZR) is pleading with Government to review the two percent tax on electronic transactions, which it claims is being abused by some unscrupulous entities to des...

By Staff reporter | Published: 20 November 2018

POLITICS

Chamisa will not appear before the Motlanthe led commission of inquiry

MDC leader Nelson Chamisa has vowed he would not appear before the commission of inquiry on the August 1 shootings claiming the probe was misplaced and described as stupid the demonstrations over the ...

By Staff reporter | Published: 16 November 2018
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