BUSINESS NEWS

IDCZ disposes stakes in Almin Metal Industries, Stone Holdings

THE Industrial Development Corporation of Zimbabwe (IDCZ) has disposed of its shareholding in Almin Metal Industries and Stone Holdings as part of a restructuring process to be completed this year. Th...

By Staff reporter | Published: 04 February 2019

MINING & RETAIL

Miners object EPOs introduction

Zimbabwe Miners Federation (ZMF), the umbrella body representing small-scale miners, is opposing applications for Exclusive Prospecting Orders (EPOs) made by 11 local and international mining companie...

By Staff reporter | Published: 31 January 2019

FINANCIAL SERVICES

Zimbabwe commercial bank deposits surge 25% to $8 billion

Commercial banks deposits rose by 25% to $8 billion in the first 10 months of last year, data from the central bank has shown.According to the Reserve Bank of Zimbabwe (RBZ)'s monthly review of Octobe...

By Staff reporter | Published: 30 January 2019

BUSINESS NEWS

New activities for Matopos National Park

A TOUR operator in Bulawayo is planning to introduce new tour packages to excite visitors to Matobo National Park as the industry is fast adopting innovative and diverse ideas that will revive interes...

By Staff reporter | Published: 20 January 2019

TRANSPORT & TOURISM

Zimpost revenue dips on working capital constraints

ZIMPOST says it generated $19,3 million in revenue in the 11 months to November, which was 12% below the $22 million achieved last year, as liquidity challenges and working capital constraints affecte...

By Staff reporter | Published: 31 December 2018

BUSINESS NEWS

Travellers hail Beitbridge border post authorities

ZIMBABWEANS and travellers from South Africa have commended authorities at Beitbridge Border Post for embracing border efficiency management systems which has resulted in improved service this festive...

By staff reporter | Published: 21 December 2018

TELECOMS & TECHNOLOGY

Telecoms sector posts 9,2% profit

Zimbabwe's postal and telecommunications sector registered a 9,2 percent revenue growth in the third quarter to September, 2018 on the back on increased usage of data and internet. In its Postal Telec...

By Staff reporter | Published: 21 December 2018

BUSINESS NEWS

Businesswoman's trial for 'externalising' $6m postponed

THE trial of a Bulawayo businesswoman who has been on the police wanted list for allegedly externalising more than $6 million to Botswana, has been postponed to January 25 next year. Delny Deanna Ashl...

By Staff reporter | Published: 19 December 2018

BUSINESS NEWS

Johane Masowe apostolic sect in land wrangle

JOHANE Masowe Echishanu Nyenyedzi Nomwe Church has approached the High Court challenging an order given to expelled church members empowering them to be the rightful owners of a housing co-operative f...

By Staff reporter | Published: 17 December 2018

POLITICS

Mugabe ally's trial postponed to next year

THE trial of former Midlands Provincial Affairs minister Jason Machaya, which has failed to take off on several occasions, has been rolled over to next year.The trial had been scheduled to kick off ye...

By Staff reporter | Published: 06 December 2018

MINING & RETAIL

Van Hoogstraten opposes Hwange reconstruction

British businessman Nicholas van Hoogstraten, says he is going to challenge the reconstruction of Hwange Colliery Company Limited (HCCL). Van Hoogstraten holds a 31 percent shareholding in HCCL. In Oc...

By Staff reporter | Published: 04 December 2018

POLITICS

Zimbabwe post-election violence Commission relied on post-mortem evidence

THE commission of inquiry into the August 1 post-election violence that resulted in the fatal shooting of six civilians by the military has claimed that it captured 90% of evidence, particularly post-...

By Staff reporter | Published: 03 December 2018

POLITICS

Zimbabwe post-election violence probe team slams critics

The seven-member Commission of Inquiry into the post-elections violence that claimed six lives and left property worth of millions dollars destroyed in Harare, has slammed its critics and defended the...

By Staff reporter | Published: 03 December 2018

OPINION

Chamisa hypocrisy exposes lack of political, ideological depth

A video circulating on social media of MDC officials, Murisi Zwizwai and Charlton Hwende publicly confronting, accusing and humiliating MDC co-vice-president, Engineer Elias Mudzuri for attending a me...

By Khumbulani Vodloza Sibanda | Published: 02 December 2018

POLITICS

US news anchor says Trump now like Zimbabwe's opposition

A PROMINENT news presenter in the United States said Tuesday that President Donald Trump is taking America back to a "tribal" form of politics resembling Zimbabwe "where all the opposition does is say...

By newzimbabwe | Published: 28 November 2018

SOCCER

Fifa exposes Chiyangwa, allow Kamambo, Banda to contest Zifa polls

ZIFA president Philip Chiyangwa's spirited bid to thwart and suppress his rival - presidential aspirant Felton Kamambo and Gift Banda, who is eyeing the vice-presidency - collapsed in embarrassing fas...

By Staff reporter | Published: 28 November 2018

BUSINESS NEWS

Zimpost enters new era

The new Government led by President Mnangagwa is committed to the growth of the postal and courier services sector and ultimately the provision of the same to all, Information Communication Technology...

By Staff reporter | Published: 28 November 2018

POLITICS

Chamisa's dirty linen exposed

THE MDC Alliance leadership wishes to get into Government through the back door and progressive Zimbabweans should refuse to be used by politicians pushing selfish agendas, political analysts said yes...

By Staff reporter | Published: 28 November 2018

POLITICS

Mzembi's trial postponed again

THE trial of former Foreign Affairs minister Walter Mzembi, who is facing charges involving theft of trust property worth $1,8 million, has been moved to December 4, after the court was advised that h...

By Staff reporter | Published: 27 November 2018

POLITICS

Politburo meeting postponed

THE Zanu-PF Politburo meeting which was set to be held in Harare tomorrow to discuss a number of issues ahead of the party's national people's conference in December, has been postponed to December 5....

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Micro-finance sector posts strong performance

THE microfinance credit-only sector has posted a strong financial performance for the first nine months of the year despite operating under a challenging environment, according to Zimbabwe Association...

By Staff reporter | Published: 26 November 2018

FINANCIAL SERVICES

MFIs post $9,8m profit despite tough economic environment

DESPITE the tough economic environment, credit microfinance institutions (MFIs) posted $9,8 million profit in the first nine months of 2018 on the back of increased demand for micro loans by individua...

By Staff reporter | Published: 21 November 2018

POLITICS

Matemadanda gunning for Mutsvangwa's position?

ZIMBABWE National Liberation War Veterans' Association secretary-general Victor Matemadanda says the association's chairman, Chris Mutsvangwa, should stop dragging his name into his fights to do with ...

By Staff reporter | Published: 19 November 2018

INDUSTRIALS & ENERGY

Simbisa postpones LSE listing

SIMBISA Brands has postponed its planned secondary listing on the London Stock Exchange (LSE)'s Alternative Investment Market (AIM) to a later date.The country's largest fast-food restaurant operator ...

By Staff reporter | Published: 30 September 2018

POLITICS

Top govt posts for Khupe?

Speculation is rife between the MDC led by Thokozani Khupe that its leader could be earmarked for a diplomatic posting in President Emmerson Mnangagwa's government. This follows claims on social media...

By Staff reporter | Published: 17 September 2018
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