POLITICS

Briatain's Minister of Africa returns from Zim

Minister for Africa Rory Stewart has just returned from a visit to Zimbabwe. The visit follows the historic resignation of President Robert Mugabe who had held power for 37 years.Minister for Africa...

By Staff reporter | Published: 29 November 2017

POLITICS

Moyo says ready to work with Mnangagwa

PRESIDENTIAL aspirant and leader of the Agenda of People's Alliance (APA) Nkosana Moyo says, his party willing, he would be happy to be part of Emmerson Mnangagwa's government.The former Industry and...

By Staff reporter | Published: 29 November 2017

BUSINESS NEWS

'Drop indigenization, ZimAsset'

Former War Veterans minister Tshinga Dube has taken a dig at some of the policies, which were implemented under former president Robert Mugabe's government, describing them as impractical.Dube, who wa...

By Staff reporter | Published: 29 November 2017

POLITICS

Zanu-PF finishes off Moyo, Kasukuwere

Zanu-PF has hammered the final nails on the political coffins of former Cabinet ministers - Jonathan Moyo, Saviour Kasukuwere and Ignatius Chombo – when it recalled the trio and two others from Parl...

By Staff reporter | Published: 29 November 2017

BUSINESS NEWS

ZIA approves $1bn projects in 10 months

THE Zimbabwe Investment Authority (ZIA) approved projects worth $1,03 billion in 10 months of the year, up 55% from the comparable period last year, latest statistics have shown.Data gathered from ZIA...

By Staff reporter | Published: 29 November 2017

BUSINESS NEWS

Bitmari slashes remittance costs

As efforts to boost Diaspora remittances into the country continue, a local firm Bitmari, says it has launched an affordable platform that can be used to send money from the United States. Bitmari, w...

By Staff reporter | Published: 29 November 2017

POLITICS

Mnangagwa takeover excites diaspora investors

THE new political dispensation has excited the diaspora community which has expressed interest in working with the President Emmerson Mnangagwa-led Government in turning around the economy.The Zimbabw...

By Staff reporter | Published: 29 November 2017

BUSINESS NEWS

Bond notes impact on good money

A WEAK currency is the sign of a weak economy, and a weak economy leads to a weak nation, American business magnate Ross Perot once said.Zimbabwean depositors have watched helplessly as their deposits...

By Staff reporter | Published: 29 November 2017

BUSINESS NEWS

National Budget presentation set for December

Acting Finance Minister Patrick Chinamasa will on December 7 this year present the 2018 National Budget, officials said on Tuesday. Presentation of the fiscal statement hung in the balance following r...

By Staff reporter | Published: 29 November 2017

BUSINESS NEWS

'Mnangagwa will surprise the world,' says Gono

Dr Gideon Gono, the architect of Zimbabwe's hyperinflation and former Reserve Bank of Zimbabwe (RBZ) Governor, says the newly sworn president, Emmerson Mnangagwa will shock the world by taking the cou...

By Staff reporter | Published: 28 November 2017

POLITICS

Jonathan Moyo and company expelled from parliament

Parliament of Zimbabwe today expelled five legislators after the ruling Zanu-PF notified the august House that they no longer represent the interests of the party. The five affected members are:Ignati...

By Staff reporter | Published: 28 November 2017

BUSINESS NEWS

Mnangagwa promises lean cabinet

President Emmerson Mnangagwa has revealed that he will set up a leaner cabinet to remove functional duplications and contain unnecessary expenditures so as to enhance productivity and efficient servic...

By Staff reporter | Published: 28 November 2017

BUSINESS NEWS

Mnangagwa gives 3-month ultimatum

President Emmerson Mnangagwa says government has granted a three-month amnesty for the return of illegally externalised funds and assets, with no questions being asked or charges preferred against th...

By Staff reporter | Published: 28 November 2017

BUSINESS NEWS

ZNCC seal deals with India investors

The Zimbabwe National Chamber of Commerce (ZNCC) has sealed investment deals with Indian investors, following a week-long visit intended at fostering private sector engagements with India, in order to...

By Staff reporter | Published: 28 November 2017

OPINION

Was Zimbabwe ever the breadbasket of Africa?

A hackneyed expression is that Zimbabwe went from the breadbasket of Africa to its basket case under long-time autocrat Robert Mugabe. But was the first part true?There is a commonly held view that Zi...

By Wandile Sihlobo | Published: 28 November 2017

POLITICS

Mugabe sons still partying up a storm in SA

While their parents were negotiating the future of Zimbabwe, it was business and fun as usual for the Mugabe boys.Chatunga Bellarmine Mugabe took to Facebook and posted about bringing top Nigerian mus...

By Staff reporter | Published: 28 November 2017

POLITICS

Mnangagwa gives Chinamasa his job back

President Emmerson Mnangagwa on Monday named Patrick Chinamasa acting finance minister until a new cabinet has been appointed, the chief secretary to the president and cabinet said in a statement.Chin...

By Reuters | Published: 28 November 2017

BUSINESS NEWS

Bond Notes gain ground

THE ascendency of President Emmerson Mnangagwa to power has created a positive perception in the economy in a move that has seen bond notes gaining some ground against some of the world's major curren...

By Staff reporter | Published: 28 November 2017

POLITICS

Mnangagwa to arrest cash shortages

PRESIDENT Emmerson Mnangagwa has promised to arrest the ongoing cash shortages which have seen most citizens relying on the parallel market to get hard cash.The President said this on Friday in his in...

By Staff reporter | Published: 28 November 2017

BUSINESS NEWS

Exports up by 20% to $353m

ZIMBABWE's exports have increased by 20 percent in the first 10 months of the year to $352.9 million, official figures from the Zimbabwe National Statistics Agency show.In January, the country exporte...

By Staff reporter | Published: 28 November 2017

POLITICS

Bank chickens out on Mnangagwa ally

CHEGUTU West legislator and businessman Mr Dexter Nduna has dispelled press reports that he is bankrupt, arguing that a newspaper article stating otherwise was calculated to "sully" his person and sta...

By Staff reporter | Published: 28 November 2017

BUSINESS NEWS

$30 million shopping mall for Gweru

GWERU-based land developer True Destination Investments is set to construct a $30 million shopping mall at North Gate Heights Phase Two suburb of the city. North Gate Heights is a low-density suburb u...

By Staff reporter | Published: 28 November 2017

BUSINESS NEWS

Mnangagwa might introduce technocrats

New Zimbabwean President Emmerson Mnangagwa is expected to form a new cabinet this week, with all eyes on whether he breaks with the past and names a broad-based government or selects old guard figure...

By Reuters | Published: 27 November 2017

POLITICS

Mugabe's birthday declared a Zimbabwe holiday

The 21st of February has been gazetted as Robert Gabriel Mugabe National Youth Day, effectively making former President Robert Mugabe's birthday a public holiday.The notice is contained in Statutory I...

By Staff reporter | Published: 27 November 2017

POLITICS

Zanu-PF bigwigs jostle for Cabinet posts

TOP Zanu-PF officials, among them politburo members, from the former President Robert Mugabe-led regime have reportedly circled President Emmerson Mnangagwa , jostling for Cabinet posts ahead of the a...

By Staff reporter | Published: 27 November 2017

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