POLITICS

Mugabe, ex-manager battle rages on

The battle between former president Robert Mugabe, his wife Grace and their ex-general manager Stanley Nhari is raging on after the manager who is demanding a whopping $756 00 from the former first fa...

By Staff reporter | Published: 12 July 2019

INDUSTRIALS & ENERGY

Batoka power plant construction set for next year

Zambia and Zimbabwe will start building the 2 400MW Batoka Gorge hydropower plant next year, a company jointly owned by the two governments said yesterday. The Batoka project involves construction of ...

By Reuters | Published: 03 July 2019

POLITICS

Zanu-PF MP chickens out of Parly feedback debate

Beitbridge West legislator Ruth Maboyi Mavhungu (Zanu-PF) on Tuesday stunned the National Assembly when she pledged to second a motion on a report of a Zimbabwean delegation to the Inter Parliamentary...

By Staff reporter | Published: 27 June 2019

SOCCER

Zimbabwe in make-or break battle

PREDICTABLY, there has been some toxicity, which is part of our game's DNA, regrettably there has been a tsunami of negativity, which is part of its tortured soul and, refreshingly, there has been a r...

By Staff reporter | Published: 26 June 2019

OPINION

Mnangagwa's govt re-ignites currency debate

PRESIDENT Emmerson Mnangagwa's remarks over the weekend that Zimbabwe would have a fully-fledged local currency before the end of the year, ending the multi-currency regime enacted in 2009, effectivel...

By Brett Chulu | Published: 14 June 2019

OPINION

Re-igniting debate on a sovereign currency

Whilst a single sovereign currency regime might be the way to go, own currency may not deliver desired results if we do not address what is currently weighing down our pseudo-currency (RTGS$) - the st...

By Persistence Gwanyanya | Published: 14 June 2019

BUSINESS NEWS

Chamisa brags about the Zuva case which triggered a bloodbath in industry

OPPOSITION MDC leader Nelson Chamisa has at last been forced to respond to accusations he was anti-labour after his role in the infamous Zuva case in 2015 that triggered thousands of job losses.Chamis...

By Staff reporter | Published: 02 May 2019

INDUSTRIALS & ENERGY

Chloride Zimbabwe targets battery exports

Zimbabwe's battery manufacturer, Chloride Zimbabwe is targeting enhanced exports next year following a strong performance that has raked in $6 million.The battery firm's $5 million investment in a new...

By Staff reporter | Published: 16 December 2018

BUSINESS NEWS

Busisa Moyo re-ignites rand debate

Industrialist Busisa Moyo has re-ignited the rand adoption debate by saying Zimbabwe can encourage "the wider circulation of the South African currency under its multi-currency system".This also comes...

By Staff reporter | Published: 03 December 2018

BUSINESS NEWS

Bond notes and Zimbabwe's currency debate

WHEN Reserve Bank of Zimbabwe governor John Mangudya announced in 2016 plans to issue bond notes, a currency he claimed had the same value as the US dollar, many were apprehensive.It was backed by a U...

By Staff reporter | Published: 30 November 2018

BUSINESS NEWS

Power generation to improve

WORK on the much anticipated $5,2 billion Batoka Gorge Hydro Electricity project will soon commence after President Mnangagwa met officials from the main contractors, General Electric and Power China ...

By Staff reporter | Published: 25 November 2018

INDUSTRIALS & ENERGY

AfDB begins to secure $4bn for Batoka development

THE African Development Bank (AfDB) has begun implementation of a resource mobilisation plan to secure an estimated $4 billion for the development of the 2 400 megawatts Batoka Gorge Hydro Electricity...

By Staff reporter | Published: 27 September 2018

POLITICS

Chamisa battles open rebellion

A REBELLION in the MDC-Alliance led councils over imposition of mayoral candidates has gone out of hand forcing the party's leader Mr Nelson Chamisa, who is being labelled a dictator, to summon all co...

By Staff reporter | Published: 21 September 2018

INDUSTRIALS & ENERGY

Increased sales volumes spur BAT profit

BRITISH American Tobacco (BAT) has recorded a 60,68% jump in profit-after-tax (PAT) from $4,61 million to $7,41 million for the half year period ended June 30, 2018.The profits were driven by increase...

By Staff reporter | Published: 27 July 2018

OPINION

30 July: Zanu-PF has lost the battle for common sense

In an intelligent but unpublished BA Honours dissertation titled "The Challenges faced by Opposition parties in rural Zimbabwe: The case of MDC in Gutu South, 2000-2006", John Mutumburanzou examines t...

By Munyaradzi Ziburawa | Published: 26 July 2018

POLITICS

Zanu-PF, MDC Alliance snub constituency debate

RESIDENTS of Harare's Braeside community on Saturday organised a public debate for parliamentary and local government candidates contesting in the area, but Zanu PF and MDC Alliance candidates alleged...

By Staff reporter | Published: 23 July 2018

BUSINESS NEWS

Batoka project on course

The Batoka Gorge Hydro Electricity project, which is set to generate 2 400MW on completion, is on course amid indications that the Council of Ministers from Zimbabwe and Zambia are expected to meet so...

By Staff reporter | Published: 22 July 2018

BUSINESS NEWS

Zimra loses VAT battle to lawyers

The Zimbabwe Revenue Authority (Zimra) has lost a High Court case in which it was seeking to compel the Law Society of Zimbabwe (LSZ) to pay value added tax (VAT) on income earned from fees and subscr...

By Staff reporter | Published: 20 July 2018

POLITICS

Robbers leave farmer battling for life

PROMINENT Marondera farmer and businessman, Johanne Boreman, is battling for his life at a local private hospital following an attack by suspected robbers on Sunday night. After the attack, the suspec...

By Staff reporter | Published: 12 July 2018

OPINION

Chamisa fighting wrong opponent in wrong battle

This pre-election period has been as eventful as it is important. What with the panic-stricken MDC-Alliance behaving like a headless chicken trying to make up for its five-year absentee politician stu...

By Nobleman Runyanga | Published: 12 July 2018

BUSINESS NEWS

$4,5bn Batoka deal to create 6 000 jobs

Zimbabwe and Zambia have agreed on principles for the $4,5 billion Batoka Gorge Hydro Electricity project secured by Harare, paving way for a technical meeting this week between experts from two the c...

By Staff reporter | Published: 09 July 2018

POLITICS

Obert Mpofu loses property battle

Home Affairs minister, Obert Mpofu, has lost the battle to block the High Court from transferring some of his properties to the Deposit Protection Corporation (DPC) - the liquidator of his now-defunct...

By Staff reporter | Published: 07 July 2018

Starafrica battles to stem crisis

Starafrica has registered a steep rise in revenue despite experiencing significant balance sheet stress in the year to March 31 018. In a note to shareholders accompanying the financial results which ...

By Staff reporter | Published: 05 July 2018

POLITICS

Battle for political supremacy in Kadoma

An interesting battle for supremacy has emerged between Kadoma's political heavyweights, with incumbent legislator Fani Phanuel Phiri (Zanu-PF) facing MDC Alliance candidate and current mayor Clr Much...

By Staff reporter | Published: 04 July 2018

MINING & RETAIL

Chinese firm loses Zim diamonds court battle

Chinese firm Anjin Investments (Private) Limited (Anjin) has lost a Constitutional Court application in which it sought the nullification of a 2016 government directive expelling it from the diamond-r...

By Staff reporter | Published: 30 June 2018
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