BUSINESS NEWS

Shiri calls for productivity

GOVERNMENT is pushing for productivity on the land and there is need for stability on farms anchored on adherence to the law. In a statement yesterday, Lands, Agriculture and Rural Settlement Minister...

By Staff reporter | Published: 26 April 2018

BUSINESS NEWS

Zimbabwe lacks capacity to issue sovereign bonds

Zimbabwe lacks capacity to issue sovereign bonds for its Sovereign Wealth Fund at the moment, a regional think-tank has warned, following a government announcement on launch of the fund shortly impend...

By Staff reporter | Published: 26 April 2018

BUSINESS NEWS

Zimbabwe deports Anglo workers

Zimbabwe's Immigration Department yesterday deported two South African nationals working illegally at Anglo American's Shurugwi-based Unki platinum mine. The two - who engaged in employment without pe...

By Staff reporter | Published: 26 April 2018

POLITICS

Investors wait for elections

Zimbabwe should only expect substantial investments after elections since investors have presently adopted a wait and see attitude while President Emmerson Mnangagwa's government revises the country's...

By Staff reporter | Published: 26 April 2018

BUSINESS NEWS

Zim banks thriving on false security

Zimbabwean banks are thriving under false security because their profits do not reflect the country's challenging and cashless macroeconomic environment, a local think-tank said. Econometer Global Cap...

By Staff reporter | Published: 26 April 2018

BUSINESS NEWS

Road tender cancellation could cost govt millions

President Emmerson Mnangagwa's administration could be in a spot of bother over cancellation of the tender for $1 billion Beitbridge-Chirundu highway dualisation project, which legal experts indicatin...

By Staff reporter | Published: 26 April 2018

BUSINESS NEWS

Zesa subsidiaries await guidance on reform plan

The boards of subsidiary companies under Zesa Holdings remain in place for the meantime until guidance is provided on the way changes will be implemented in line with the reform programme for parastat...

By Staff reporter | Published: 26 April 2018

BUSINESS NEWS

Zimbabwe re-engages Brussels

Foreign Affairs and International Trade Minister Dr Sibusiso Moyo is now in Brussels, Belgium on the third leg of his re-engagement tour of Europe and the United States.In Brussels, he is expected to ...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

'Re-industrialisation of Bulawayo a key priority'

THE re-industrialisation of Bulawayo and other parts of the country is a key priority in the Government's agenda as the new dispensation seeks to transform the economy and expand the job market, Vice ...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

Zim realises $11bn investment commitments

Zimbabwe has realised investment commitments worth $11 billion in the last four months attributed to serious engagements that the new dispensation is embarking on.The 'Zimbabwe is open for business' m...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

Firms apply to operate in Economic Zones

THE Special Economic Zones Authority of Zimbabwe has started receiving applications from businesses seeking approval to operate in areas designated as Special Economic Zones (SEZs).SEZ are designate...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

Zimbabwe to start $3.5 billion wealth fund

Zimbabwe may start a sovereign wealth fund or issue an export-related bond after elections that are slated for July, Deputy Finance Minister Terence Mukupe told the southern African nation's state-bro...

By Bloomberg | Published: 25 April 2018

POLITICS

'I never stole from Mugabe'

A Zimbabwean soldier, who allegedly stole 119 laptops from the country's former president Robert Mugabe, has reportedly told a court during his bail application in Harare that he was in fact given the...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

Outcry over high electronic bank charges

Members of the public are proposing a downward review of electronic banking transactions in line with regional trends to increase savings in the financial sector.Zimbabwe has since January processed e...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

Zinara bosses acquitted

The High Court has acquitted five Zimbabwe National Road Administration (Zinara) executives who had been accused of fraudulently transferring more than $2 million into bogus companies' accounts in a s...

By Staff reporter | Published: 25 April 2018

POLITICS

Chamisa not rightful heir to MDC-T throne

THE High Court yesterday dismissed an application by the MDC-T faction led by Advocate Nelson Chamisa, which had taken its rivals to court in a fight over ownership of the party name, trademark, signs...

By Staff reporter | Published: 25 April 2018

POLITICS

Makamba comeback ends in shame

Businessman James Makamba made a triumphant return to Zimbabwe last year after years in exile and the crowning glory would have been him being allowed to stand on a Zanu-PF ticket in the upcoming elec...

By Staff reporter | Published: 25 April 2018

POLITICS

Mnangagwa must not rush in proclaiming electoral dates

April 30, in five days' time, marks the first day when the President can proclaim an election date and this should be worrying considering how little has been done so far towards amending the Electora...

By Staff reporter | Published: 25 April 2018

EDUCATION

Science teachers in short supply

HIGHER and Tertiary Education minister Amon Murwira has disclosed that the country is facing a serious shortage of secondary school science teachers, following a massive brain drain to neighbouring co...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

Zimbabwean judge in nasty land row in Namibia

A NAMIBIAN pressure group has threatened to demonstrate against former Zimbabwean High Court judge Justice Maphios Cheda, who is embroiled in a nasty land row in that country.The demonstration is sche...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

Money changers derailing regional financial integration

Reserve Bank of Zimbabwe deputy governor Jesimen Chipika has accused illegal money changers of derailing regional financial integration efforts and promoting money laundering.Chipika made the remarks ...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

Private sector urged to invest in infrastructure

The private sector should double its spending on infrastructure to overcome an investment gap given the government's decreasing ability to directly finance infrastructure, an official has said.Giving ...

By Staff reporter | Published: 25 April 2018

Nurses, Chiwenga impasse hearing date set

High Court judge Justice Amy Tsanga is tomorrow expected to preside over an urgent chamber application filed by members of the Zimbabwe Nurses' Association (Zina), who are seeking nullification of the...

By Staff reporter | Published: 25 April 2018

POLITICS

Chamisa, Khupe fight takes a new twist

THE war over the use of the MDC-T name and logo between party president, Nelson Chamisa and former deputy president, Thokozani Khupe took a new twist yesterday, after High Court judge, Justice Francis...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

New contractor gets Chirundu-BB highway tender

GOVERNMENT has awarded the $2 billion Chirundu-Harare-Beitbridge Highway dualisation project to a new contractor, replacing Austrian contractor Geiger International, which was booted out recently for ...

By Staff reporter | Published: 25 April 2018

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