ZSE TODAY

ZSE falls as RBZ readies corporate OMO Bills to mop up excess liquidity

The stock market fell on Wednesday but at a much slower pace as investors have adopted a somewhat wait and see approach until the dust settles on the ongoing currency reforms that Treasury and the Res...

By Staff reporter | Published: 18 March 2020

TELECOMS & TECHNOLOGY

Customers rebel against Econet promo

In a development that could redefine the relationship between consumers and various service providers, Econet subscribers made an unprecedented uproar against unsolicited messages from the company adv...

By Staff reporter | Published: 10 October 2019

MINING & RETAIL

Makomo output drops 27%

COAL miner, Makomo Resources, has reported a 27 percent drop in production for the first nine months of 2019, attributed to procurement gaps as a result of a shortage of foreign currency. The Hwange-b...

By Staff reporter | Published: 01 October 2019

MINING & RETAIL

Makomo Resources hit by forex shortages

COAL miner Makomo Resources is only getting about 50% of its foreign currency requirements for the importation of critical inputs like spares, a situation that has crippled its production, an official...

By Staff reporter | Published: 28 September 2019

TELECOMS & TECHNOLOGY

Sasai promo launched

Cassava Smartech yesterday launched a $10 million chakachaya pasasai promotion that will be open for all active Sasai application users. The promotion which will run for over 10 weeks starting from to...

By Staff reporter | Published: 27 September 2019

TRANSPORT & TOURISM

Power cut claims at JM Nkomo airport dismissed

The Civil Aviation Authority of Zimbabwe (Caaz) has dismissed claims that a fastjet aircraft failed to land at Joshua Mqabuko Nyongolo Nkomo International Airport in Bulawayo on Wednesday evening due ...

By Staff reporter | Published: 12 July 2019

MINING & RETAIL

Makomo Resources seeks US greenlight

COAL miner Makomo Resources says its output could increase significantly if the government allows the company to retain 100% of the revenue generated from exports.Director Raymond Mutokonyi told busin...

By Staff reporter | Published: 03 May 2019

MINING & RETAIL

Makomo coal output plunges in Q1

Coal miner, Makomo Resources, says production in the first quarter of the year remained subdued, with output only reaching half of the company's target due to the unavailability of key raw materials."...

By Staff reporter | Published: 02 May 2019

OPINION

Zimbabwe youth will claim their country in 2023

LAST week I watched a video of Patrick Chinamasa chanting the ED-pfee slogan pitching the Mnangagwa presidential candidacy for the 2023 elections. For some, kicking off elections campaign for 2023 thi...

By Tapiwa Gomo | Published: 29 April 2019

BUSINESS NEWS

Harare's booming automotive market

Downtown Harare is an economic hub.Here, money arguably changes hands more than in any other part of the city.It is typically the Wall Street of the capital.Household goods, school uniforms, stationer...

By Staff reporter | Published: 06 January 2019

OPINION

August 1 massacre commander's promotion raises stink

Presidential Guard commander Anselem Nhamo Sanyatwe's recent promotion to the rank of Major-General before the release of the results of the commission of inquiry (COI) into the August 1 shooting rais...

By Editorial - newsday | Published: 19 December 2018

ZIMBABWE

Cassava Smartech listing on tomorrow

Econet Zimbabwe's fintech business Cassava Smartech Zimbabwe Limited (CSZL) will list on the Zimbabwe Stock Exchange (ZSE) tomorrow.This comes after regulatory approvals to spin off the telecoms giant...

By Staff reporter | Published: 17 December 2018

POLITICS

Zapu pickets at Joshua Nkomo statue

THE Dumiso Dabengwa-led opposition Zapu party on Friday besieged the late Vice-President Joshua Nkomo's statue in Bulawayo, protesting over the deteriorating economic situation in the country.Zapu wom...

By Staff reporter | Published: 10 December 2018

POLITICS

Mnangagwa promotes 56 senior cops

PRESIDENT Emmerson Mnangagwa has promoted 56 senior police officers with three top cops, among them, the Officer Commanding Bulawayo Province, Senior Assistant Commissioner Learn Ncube, having been el...

By Staff reporter | Published: 10 December 2018

MINING & RETAIL

New twist to Makomo, Zambezi Gas coal field feud

The coal claims feud pitting Zambezi Gas and Makomo Resources has taken a new twist, amid reports that there may have been an "error" in the former's special grant.Zambezi Gas says its special grant g...

By Staff reporter | Published: 25 November 2018

BUSINESS NEWS

Mthuli Ncube's National Budget tomorrow

The minister of Finance and Economic Development will present the 2019 Annual Budget Statement to the National Assembly tomorrow. In addition to the Budget Statement he will table the Estimates of Rev...

By Veritas | Published: 21 November 2018

MINING & RETAIL

Makomo dismisses encroachment claims

Makomo Resources yesterday said its mining operations in Hwange were not affecting anyone's concession as it was extracting coal from land that acts as a boundary between Hwange Colliery company and Z...

By Staff reporter | Published: 21 November 2018

TRANSPORT & TOURISM

Govt urged to promote domestic tourism

GOVERNMENT has been urged to promote domestic tourism through a number of innovative initiatives, including concessionary support measures to low-wage earners.Speaking during the Professionals Busines...

By Staff reporter | Published: 06 September 2018

TRANSPORT & TOURISM

Joshua Nkomo honour lights up Bulawayo

A MULTITUDE yesterday flooded the streets of Bulawayo, bringing much activity to the usually serene city, as residents joined an organised procession along historic sites in memory and honour of the l...

By Staff reporter | Published: 06 September 2018

POLITICS

Nkomo Trust backs Mnangagwa

THE John Landa Nkomo Memorial Trust has thrown its weight behind Zanu-PF Presidential candidate Emmerson Mnangagwa ahead of harmonised elections set for next Monday. The Trust said it supported Presid...

By Staff reporter | Published: 25 July 2018

POLITICS

'I didn't endorse Chamisa'

SON to national hero and former Vice President Dr Joshua Nkomo, Sibangilizwe, says his attendance of an MDC-Alliance rally in Bulawayo recently was not an endorsement of the opposition outfit and its ...

By Staff reporter | Published: 24 July 2018

POLITICS

Mnangagwa meets Green-bombers tomorrow

President Mnangagwa will tomorrow meet members of the National Youth Service Graduates Association at Robert Mugabe Square in Harare. The association, which is registered under the Zimbabwe Youth Coun...

By Staff reporter | Published: 23 July 2018

POLITICS

Matanga threatens newly promoted cops

ZIMBABWE Republic Police (ZRP) Commissioner-General Godwin Matanga (pictured) has warned recently promoted police officers against abusing their newly acquired power and influence, saying they will be...

By Staff reporter | Published: 22 July 2018

MINING & RETAIL

New machinery set to move mountains for Makomo

PRIVATE Hwange coal miner, Makomo Resources, says it expects to ramp up its production in the third quarter of this year to surpass last quarter's figures by 50% following acquisition of new machinery...

By Staff reporter | Published: 20 July 2018

EDUCATION

Tertiary institutions close tomorrow

Tertiary institutions will close the second term tomorrow to pave way for the harmonised elections set for July 30, Secretary for Higher and Tertiary Education, Science and Technology Development Dr D...

By Staff reporter | Published: 19 July 2018
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