FINANCIAL SERVICES

Bank cards crime soars

AS THE country's economic rot continues to deepen, police are warning the public about a sharp increase in crime relating to bank cards. This comes as Zimbabwe continues to experience serious shortage...

By Staff reporter | Published: 29 October 2019

BUSINESS NEWS

Bread price talks on the cards

THE Government will this week meet with bakers and millers to discuss the recent increase in bread prices which it feels is unfair and unjustified and map a way forward to come up with an affordable p...

By Staff reporter | Published: 29 April 2019

BUSINESS NEWS

Man clones bank cards, swipes $69 000

A CHITUNGWIZA man on Saturday appeared at the Harare Magistrates' Court charged with unauthorised use or possession of debit cards after he allegedly cloned bank debit cards for CABS account holders a...

By Staff reporter | Published: 29 April 2019

BUSINESS NEWS

Fuel rationing on the cards

GOVERNMENT is considering rationing fuel as a measure to curb fuel shortages following a 60% increase in demand for the liquid at a time the country is hard pressed for foreign currency to pay for fue...

By Staff reporter | Published: 21 December 2018

POLITICS

Chiyangwa clones customers' debit cards, siphons thousands

THE son of late business man James Chiyangwa, popularly known as Jimmy Jimalo, has been arrested for the third time on allegations of cloning debit cards belonging to various people before splashing t...

By Staff reporter | Published: 25 June 2018

FINANCIAL SERVICES

Stakeholders should act swiftly on card cloning scams

THE last few months have seen an upsurge in cases of electronic credit card fraud involving use of cloned ATM cards, as more Zimbabweans have embraced the use of plastic money due to cash shortages.Po...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

New tariffs for mobile sector on the cards

Government will soon announce new tariffs for the mobile telecommunications sector, and plans are underway to begin imposing hefty fines on industry players that offer substandard services such as dro...

By Staff reporter | Published: 10 June 2018

BUSINESS NEWS

Hwange Colliery board shake up on the cards

TROUBLED Zimbabwe Stock Exchange-listed Hwange Colliery Company Limited (HCCL) will by the end of next week have a new-look board of directors, Mines minister Winston Chitando has said.The new board c...

By Staff reporter | Published: 24 May 2018

BUSINESS NEWS

Facelift on cards for Mbare Musika

The Harare City Council will soon embark on a facelift of Mbare Musika vegetable market and bus terminus, which had become an eyesore.Council spokesperson Michael Chideme said the upgrade will make th...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

New geyser law on the cards

Government will in the next few weeks gazette solar water heating (SWH) geyser regulations, a senior government has revealed.The gazetting of regulations will mark the beginning of ambitious national ...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Harare electric buses deal on cards

An American company, Concept Media Group, is seeking to tie down Harare City Council to a deal to introduce intracity electric buses (E-buses).The firm plans to introduce the electricity-powered buses...

By Staff reporter | Published: 12 April 2018

POLITICS

Zanu-PF issuing new electronic party cards

ZANU-PF is issuing new electronic party cards after phasing out those emblazoned with former President Robert Mugabe's picture.Addressing party members during a commissariat rally in Nhwali, Gwanda So...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

Moza, Zim, SA power project on cards

The Development Bank of Southern Africa (DBSA) is set to inject over $190 million towards the construction of a new power transmission line linking Mozambique, Zimbabwe and South Africa (MoZiSa).The s...

By Staff reporter | Published: 06 April 2018

MINING & RETAIL

New diamond policy on cards

Government is working on a new diamond and platinum mining policy to replace the 51-49 percent shareholding requirement that regulates the two minerals.The policy, which was removed a few months ago o...

By Staff reporter | Published: 06 April 2018

BUSINESS NEWS

New Birchenough bridge on the cards

GOVERNMENT is to construct a new bridge at Birchenough Bridge to replace the current one, which has outlived its lifespan.This was disclosed by Transport and Infrastructure Minister Jorum Gumbo, who s...

By Staff reporter | Published: 11 January 2018

BUSINESS NEWS

Bulawayo industry revival think-tank on the cards

THE Minister of State for Bulawayo Provincial Affairs Angeline Masuku says her office would establish a think-tank to come up with strategies aimed at reviving industries in the city.Addressing Bulawa...

By Staff reporter | Published: 10 January 2018

INDUSTRIALS & ENERGY

'Sale of Lafarge Africa's SA unit may be on cards'

Cement maker Lafarge Africa could put up its South African unit for sale this year and potentially use the proceeds to strategically shore up and stabilise its Nigerian business, experts have said, si...

By Staff reporter | Published: 08 January 2018

BUSINESS NEWS

$20m shopping mall on the cards

Zimbabwe Agriculture Society (Zas) is in the process of constructing a $20 million state-of-the-art shopping mall at the Exhibition Grounds in Harare.Zas chief executive Anxious Masuka said his organi...

By Staff reporter | Published: 06 December 2017

BUSINESS NEWS

Local content fiscal incentives on the cards

Plans to come up with local content fiscal incentives for companies that will comply with the requirements of this initiative presents an opportunity for the country to further narrow its $1.4 billion...

By Staffr eporter | Published: 05 December 2017

BUSINESS NEWS

Zim quality infrastructure policy on the cards

The government is in the process of formulating a national quality infrastructure (NQI) policy to enable the country to participate better in regional and international trade, an official has said.Off...

By Staff reporter | Published: 15 October 2017

BUSINESS NEWS

Vehicle road accidents fund on the cards

PRESIDENT Mugabe has bemoaned the continued loss of lives in road traffic accidents and said a Motor Vehicle Accident Fund is on the cards as a measure of relief to survivors and families of victims.S...

By Staff reporter | Published: 13 September 2017

BUSINESS NEWS

Zim Economic Zones Authority on the cards

The establishment of the special economic zones will witness the emergence of a regime within a government as some laws that operate in the country like the indigenisation and economic empowerment act...

By Staff reporter | Published: 28 August 2017

BUSINESS NEWS

Medical insurance law on cards

The government has begun consulting stakeholders with health insurers, as it steps up efforts to craft enabling legislation to regulate the functions of medical aid societies.Health ministry permanent...

By Staff reporter | Published: 24 August 2017

EDUCATION

Zim education loan facility fund on the cards

All those who graduated from public institutions starting with the University of Zimbabwe from 1980 to 2006 and received government grants would be required to pay US$1000 that will go towards a revol...

By Staff reporter | Published: 27 July 2017

TRANSPORT & TOURISM

New Zimbabwe tourism attractions on cards

Zimbabwe is set to develop new and unexplored tourism attractions to enhance its chances of making the sector a $5 billion economy by 2020.The initiative is part of the National Tourism Master Plancra...

By Staff reporter | Published: 19 July 2017
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