POLITICS

Zanu-PF looks to revive business empire

President Emmerson Mnangagwa's ruling Zanu-PF is looking to revive its fallen business empire, crippled by gross mismanagement and corruption.In an interview with the Daily News, the ruling party's ad...

By Staff reporter | Published: 22 hours ago

POLITICS

Sibusiso Moyo in health scare .. coup announcer is alive

FOREIGN Affairs and International Trade minister Sibusiso Moyo has missed the trip to the United Nations General Assembly meeting after being hospitalized with an as yet to be revealed ailment.Preside...

By Staff reporter | Published: 21 September 2018

MINING & RETAIL

Boom in Mine Entra bookings reflects growing business confidence

This year's edition of the Mining, Engineering and Transport (Mine Entra) expo is already 93% booked, a sign of growing business confidence in the sector and strong international interest in doing bus...

By Staff reporter | Published: 21 September 2018

BUSINESS NEWS

Zimbabweans want US or Zim dollar only, not SA Rand

THE majority of Zimbabweans would be happy to adopt the United States dollar or the Zimbabwe dollar as only currency and are adverse to the use of bond notes, according to a recent public opinion surv...

By Staff reporter | Published: 21 September 2018

POLITICS

'Chamisa must not waste time fighting Mnangagwa'

Newly-appointed Minister of State for Masvingo Provincial Affairs Ezra Chadzamira has called for unity in the province, saying there was need to end "political dogfights" and focus on development. Add...

By Staff reporter | Published: 21 September 2018

CONSTRUCTION & PROPERTY

ZB avails 708 Plumtree housing stands

ZB BANK has availed 708 housing stands in Plumtree Town, which have since been opened up for sale to prospective home seekers in a partnership with the local authority. Speaking in Bulawayo during a b...

By Staff reporter | Published: 17 September 2018

BUSINESS NEWS

Confusion over $2bn loan from China to Zimbabwe

AFTER its desperate quest for a critical US$2,5 billion bailout package from China hit a snag last week, government has somersaulted and now claims it did not request any such money.Ministry of Financ...

By Staff reporter | Published: 14 September 2018

BUSINESS NEWS

Business, labour meet to tackle economic crunch

BUSINESS and labour met in Masvingo last week to find ways to improve productivity and competitiveness.This comes at a time the country's economic crisis is deepening, with prices of basic goods skyro...

By Staff reporter | Published: 14 September 2018

OPINION

Mnangagwa must chart clear agenda to unite nation

Zimbabwe, like many other countries, has gone through different phases in its development, as people seek to chart a path that brings prosperity. Each epoch in the country's history has been character...

By Lovemore Chikova | Published: 13 September 2018

POLITICS

Mnangagwa expects better US-Zim relations despite Zidera

FOREIGN Affairs minister Sibusiso Moyo says he expects Zimbabwe's relations with the United States to improve under President Emmerson Mnangagwa's administration, despite the latter extending sanction...

By Staff reporter | Published: 12 September 2018

FINANCIAL SERVICES

Metbank to focus on mortgage financing, e-banking

METBANK says it will focus its lending business on mortgage financing and commercial banking products that promote financial inclusion under a strategic plan that will determine the direction of the i...

By Staff reporter | Published: 12 September 2018

BUSINESS NEWS

Zimra suspends senior official

The Zimbabwe Revenue Authority has suspended its commissioner responsible for investigations, Charles Jaure, with immediate effect after he was implicated in a bribery case in which he allegedly deman...

By Staff reporter | Published: 12 September 2018

BUSINESS NEWS

'Industry revival top priority'

THE new Minister of Industry and Commerce, Nqobizitha Mangaliso Ndlovu, says the revival of industries will be a top priority during his tenure as the new political dispensation moves to transform the...

By Staff reporter | Published: 12 September 2018

BUSINESS NEWS

Industry ready to work with new Cabinet

INDUSTRY executives have expressed readiness to work with the new Cabinet to transform the economy and applauded President Emmerson Mnangagwa for appointing competent personnel. The economy is set to ...

By Staff reporter | Published: 11 September 2018

POLITICS

Industry minister outlines plans

New Minister of Industry and Commerce, Mr Mangaliso Ndlovu, plans to introduce a raft of measures including a "robust" industrialisation policy and removing bottlenecks so as to attract more investors...

By Staff reporter | Published: 11 September 2018

INDUSTRIALS & ENERGY

Delta in accelerated sustainability spending

DELTA Corporation (Delta) says it has invested at least $2,9 million in infrastructure-related corporate social investments under its integrated sustainable development framework.Sustainability is par...

By Staff reporter | Published: 10 September 2018

BUSINESS NEWS

Restless unions push for pay hike

Zimbabwe's new Cabinet will face major problems from day one, with militant unions already pushing for pay rises in the wake of the recent price hikes and deteriorating economy, which they say have er...

By Staff reporter | Published: 10 September 2018

POLITICS

Mnangagwa flexes political muscle

Political analysts say President Emmerson Mnangagwa's new administration in which he dumped both friends and foes alike on Friday last week, demonstrates that he is determined to reset the government'...

By Staff reporter | Published: 10 September 2018

OPINION

Causes of liquidity crisis and its impact on economy

DURING the past week, the media has been awash with reports of price hikes of goods and some commodities running out on the market.Products ranging from cement to chickens and other basic commodities ...

By Dr Bongani Ngwenya | Published: 09 September 2018

BUSINESS NEWS

'Zimbabwe should look beyond US'

FORMER State Enterprises and Parastatals Minister Dr Gorden Moyo says the Government should not read much into the sanctions imposed on it by the United States of America but seek various ways of revi...

By Staff reporter | Published: 09 September 2018

OPINION

Mnangagwa must appoint competent team to steer economic recovery

THE enormity of the task of steering the country's economic revival requires that President Emmerson Mnangagwa appoints the best team at his disposal into Cabinet. The pool of possible Ministers avail...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

ZETDC must upgrade systems

The Consumer Council of Zimbabwe (CCZ) has called for a speedy system upgrade by the Zimbabwe Electricity Distribution Company (ZETDC) to enable smooth flow of transactions for electricity tokens that...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

Global platinum market headed for surplus

The global platinum market will end the year in a surplus of 295 000 ounces as both supply, from main producers Zimbabwe, South Africa and Russia, and demand for the metal will fall by 2 percent, the ...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

Debts push Metallon Corporation to the brink

PROPERTY belonging to Zimbabwe's largest gold producer, Metallon Corporation, will be auctioned by the High Court to recover an estimated US$30 million owed to various creditors and workers, as the mi...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Zimbabwe industry frets over economic indicators

BUSINESS has raised the red flag over the country's ever-deteriorating economic indicators - including rising inflation, soaring prices, worsening foreign currency shortages and continuing retrenchmen...

By Staff reporter | Published: 06 September 2018
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