BUSINESS NEWS

SEZs initiative to be expanded

GOVERNMENT will draw lessons from the pilot projects of the Special Economic Zones (SEZ) to expand the programme across the country as part of measures to promote industrialisation and economic growth...

By Staff reporter | Published: 27 November 2017

POLITICS

US pledges support for Zim economic recovery

THE US has pledged to continue supporting Zimbabwe in all sectors of the economy and assist with the political and economic reforms following the inauguration of President Emmerson Mnangagwa as the co...

By Staff reporetr | Published: 27 November 2017

BUSINESS NEWS

Chirundu highway to create youth jobs

GOVERNMENT has assured youths in Mashonaland West that they will benefit from employment created through the dualisation of the Beitbridge-Harare-Chirundu Highway.The Harare-Chirundu Highway, which st...

By Staff reporter | Published: 27 November 2017

BUSINESS NEWS

Adjustments to Zim-Asset

Government says it will make additions to the second phase of Zim-Asset, as it seeks to align it with the National Vision 2040, which will also guide economic growth in the coming decades. Zim-Asset I...

By Staff reporter | Published: 27 November 2017

BUSINESS NEWS

Good times beckon for SMEs

Negotiations involving the Reserve Bank of Zimbabwe (RBZ), ZimTrade and the Export Credit Guarantee Company (ECGC), which will culminate in small and medium enterprises - mainly those in the export bu...

By Staff reporter | Published: 27 November 2017

POLITICS

Mnangagwa's new Cabinet expected this week

PRESIDENT Emmerson Mnangagwa is expected to announce his new Cabinet team this week, which analysts say will indicate how his administration is likely to perform - amid much speculation and jockeying ...

By Staff reporter | Published: 26 November 2017

POLITICS

Zimbabwe white farmers will be compensated

Zimbabwe's new president, Emmerson Dambudzo Mnangagwa, say that Zimbabwe's land reform was inevitable and cannot be reversed as that would be a betrayal of the liberation struggle.But the new presiden...

By Staff reporter | Published: 26 November 2017

BUSINESS NEWS

Mnangagwa's economic headaches

President Emmerson Mnangagwa assumed the reins on Friday, inheriting a struggling economy, thanks to years of ill-governance and neglect by his predecessor whose thrust was power retention at all cost...

By Staff reporter | Published: 26 November 2017

POLITICS

Mnangagwa talks tough

IMPLEMENTATION of consistent policies, which has been the glaring missing link in the past, is required if plans set up by President Emmerson Mnangagwa are to succeed.President Mnangagwa, who took off...

By Staff reporter | Published: 26 November 2017

BUSINESS NEWS

Cash dealers re-invade Byo CBD

ILLEGAL cash dealers are back on the streets of Bulawayo, charging desperate citizens over 50% premiums on United States dollars.This is despite the fact that in September this year, former president ...

By Staff reporter | Published: 26 November 2017

BUSINESS NEWS

Shopaholics celebrate new Zimbabwe

On Friday November 14, 1997, Zimbabweans woke up to the news that the local currency had crushed against the United States dollar by 72 percent.That fateful day, which marked the beginning of the coun...

By Staff reporter | Published: 26 November 2017

POLITICS

Mnangagwa must walk the talk on graft

One of the reasons former president Robert Mugabe's forced departure was met with wild celebrations was because during his torturous rule, lack of respect for the rule of law and impunity had become t...

By Staff reporter | Published: 26 November 2017

POLITICS

Mugabe gets $10m lump sum payment

Zimbabwe's former president Robert Mugabe, 93, was reportedly offered a $10 million lump sum payment, full monthly salary, medial cover, security as well as protection of his private properties, as pa...

By Staff reporter | Published: 25 November 2017

POLITICS

Mnangagwa and the 'poisoned ice cream' plot

On August 17, the Zimbabwean government issued an official denial that Emmerson Mnangagwa, who was vice president at the time, had eaten ice cream at a political rally."For the record, the Vice Presid...

By AFP | Published: 25 November 2017

POLITICS

Chombo appears in court

Zimbabwe's finance minister has appeared in court to face corruption charges that some observers believe are politically motivated after the resignation of Robert Mugabe.The lawyer for Ignatious Chomb...

By AP | Published: 25 November 2017

POLITICS

Mugabe's history of economic populism

Robert Mugabe resigned as Zimbabwe's President on Tuesday, leaving behind a floundering economy, thanks to years of economic populism to retain power.Throughout his tenure, populism became Mugabe's ha...

By Staff reporter | Published: 25 November 2017

POLITICS

G40 embraces Mnangagwa

FORMER Foreign Affairs minister Walter Mzembi and his ex-Sports counterpart Makhosini Hlongwane yesterday lauded President Emmerson Mnangagwa for promising to take Zimbabwe further and reviving the ec...

By Staff reporter | Published: 25 November 2017

POLITICS

Mugabe's negotiator breaks silence

Roman Catholic Church cleric Father Fidelis Mukonori has said his mediation role between former President Robert Mugabe and the Zimbabwe Defence Forces led by General Constantino Chiwenga, although on...

By Staff reporter | Published: 25 November 2017

BUSINESS NEWS

'Govt debt crowding out private lending'

The Zimbabwean banking sector is seen stagnating owing to a credit crunch with client loan growth projected to contract by 4% by year-end given the rate at which Zimbabwean banks are buying Treasury B...

By Staff reporter | Published: 25 November 2017

OPINION

Zim economy poised to rise from ashes like a Phoenix?

The stock market crashed 30% since the military operation commenced despite the army reporting in a speech that it was targeting criminals around President Robert Mugabe. The interpretation of investo...

By Daniel Ngwira, Chartered Accountant | Published: 25 November 2017

POLITICS

Mnangagwa plans major policy shift

Incoming President Emmerson Mnangagwa (pictured), who will be sworn in as Zimbabwe's new leader at the National Sports Stadium in Harare replacing former president Robert Mugabe forced out on Tuesday,...

By Staff reporter | Published: 25 November 2017

POLITICS

The last moments of Mugabe's rule

WITH pressure mounting on him to agree to step down from power after 37 years in office, the outgoing president Robert Mugabe was in the company of close family members and negotiators who shuttled be...

By Staff reporter | Published: 25 November 2017

POLITICS

Chombo in police custody

Finance and Economic Development Minister Dr Ignatius Chombo, who was recently arrested after being accused of corruption and abuse of power, is expected to appear in court today.Former Zanu-PF Youth...

By Staff reporter | Published: 25 November 2017

POLITICS

Britain pledges to work closely with Zim

Britain has pledged to work closely with the new Zimbabwean Government, with a view to turn around the economy following the inauguration of President Emmerson Mnangagwa as the country's new leader ye...

By Staff reporter | Published: 25 November 2017

BUSINESS NEWS

RBZ laments financial indiscipline

THE Reserve Bank of Zimbabwe (RBZ) says rampant financial indiscipline in the market has resulted in some foreign currency generated from export earnings being unaccounted for.About 60 percent of the ...

By Staff reporter | Published: 25 November 2017

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