BUSINESS NEWS

Foreign payment delays hit bakers

Local banks are struggling to process about $16 million worth of foreign payments for local bakers, a situation that has affected local production, the National Bakers Association of Zimbabwe (NBAZ) h...

By Staff reporter | Published: 22 August 2017

BUSINESS NEWS

Turnall partners NBS

Turnall Holdings Limited says it is expecting the strategic partnership it entered into with the National Building Society (NBS) for construction of houses around the country to improve its revenue fo...

By Staff reporter | Published: 22 August 2017

POLITICS

Grace Mugabe assault case 'not over'

The mother of Gabriella Engels - the 20-year-old South African model who has accused Zimbabwe's First Lady Grace Mugabe of assaulting her - says their campaign for justice is not over, despite the fac...

By BBC | Published: 21 August 2017

BUSINESS NEWS

Zim businessman heads Mandela family business

Controversial businessman Frank Buyanga has been appointed as chief executive of House of Mandela African Royal Mint (HoM-ARM) - a medallion and related products manufacturing company founded by the l...

By Staff reporter | Published: 21 August 2017

POLITICS

Outrage expressed over Grace Mugabe immunity

Lawyers representing a young woman who has accused Zimbabwe's first lady, Grace Mugabe, of assaulting her in a Johannesburg hotel have expressed their outrage over reported plans by the South African ...

By Staff reporter | Published: 21 August 2017

BUSINESS NEWS

Jericho appointed DStv media agent

LOCAL advertisers can now book advertising space across multiple channels on DStv for the first time following the appointment of Jericho and The Jupiter Drawing Room (South East Africa) as the popula...

By Staff reporter | Published: 21 August 2017

BUSINESS NEWS

Gold panners threaten Runde River

ILLEGAL gold panning along Runde River is threatening its existence and urgent action must be taken to arrest the situation, Runde Rural District Council chief executive officer Mr Gorden Moyo has sai...

By Staff reporter | Published: 21 August 2017

BUSINESS NEWS

$45m Nostro account backlog hampers bakers

THE National Bakers' Association of Zimbabwe (NBAZ) has appealed to the Reserve Bank to clear over $45 million in Nostro account balances to ensure the bakers import raw materials on time.Since last y...

By Staff reporter | Published: 21 August 2017

OPINION

Deciding labour matters on technicalities

WHILE a lot has been written about problems related to deciding labour matters on technicalities, many workers who go on to lose cases over-rely on technicalities as a basis for appeals.In one of my r...

By Davies Ndumiso Sibanda | Published: 17 August 2017

BUSINESS NEWS

ZIA targets local authorities partnerships

THE Zimbabwe Investment Authority (ZIA) is set to partner local authorities to enhance the ease of doing business and promote investment in their respective localities.ZIA chief executive officer Mr R...

By Staff reporter | Published: 17 August 2017

BUSINESS NEWS

Supreme Brands making impact

IN 2010, a 27-year-old graduate conceived an idea to start a toilet paper-making business in Harare.Little did Mr Faraimose Kutadzaushe, now 33, know that less than 10 years down the line, his busines...

By Staff reporter | Published: 17 August 2017

BUSINESS NEWS

Nando's Bulawayo readies to re-open?

THERE seems to be activity at the Nando's Bulawayo outlet that collapsed in February this year as contractors have been spotted working on the structure, whetting the appetite of the city's foodies af...

By Staff reporter | Published: 17 August 2017

BUSINESS NEWS

'Focus more on engineering sector'

THE Zimbabwe Institute of Engineers (ZIE) has called on the Government to put more focus on recapitalisation of the engineering sector to foster growth of the industry.ZIE is a multi-disciplinary inst...

By Staff reporter | Published: 17 August 2017

BUSINESS NEWS

IDC in the market for $100 million

The Industrial Development Corporation of Zimbabwe is looking at raising $100 million seed capital to kick-start its development financing operations.IDC is currently in advanced talks with the Indust...

By Staff reporter | Published: 17 August 2017

BUSINESS NEWS

'Zimbabwe most hackable country'

ZIMBABWE was listed as the most hackable country in the world out of 183 countries on the back of having many internet protocol (IP) addresses that are still using an outdated protocol leaving firms s...

By Staff reporter | Published: 16 August 2017

BUSINESS NEWS

Indians eye Zim manufacturing sector

Indian investors are pursuing the possibilities of joint ventures with Zimbabwe's manufacturing firms.A consortium of Indian investors is expected in Zimbabwe in the next few months.Zimbabwe-India Cha...

By Staff reporter | Published: 16 August 2017

BUSINESS NEWS

Grace Mugabe escapes arrest in Joburg

First Lady Grace Mugabe yesterday escaped arrest in Johannesburg, South Africa, where she was slapped with charges for severely assaulting a 20-year-old woman she had found with her sons at an upmarke...

By Staff reporter | Published: 16 August 2017

POLITICS

Court orders minister off grabbed farm

Zimbabwe's High Court has ordered Local Government deputy minister Christopher Chingosho who has invaded a Makoni farm to vacate the land or face eviction by the police.In her ruling, Judge Justice Lo...

By Staff reporter | Published: 16 August 2017

BUSINESS NEWS

Society challenges govt on pro bono lawyers

THE Law Society of Zimbabwe (LSZ) has challenged government to review its policy on pro bono lawyers funding, as part of the efforts to ensure effective justice delivery system.Government pulled away ...

By Staff reporter | Published: 16 August 2017

POLITICS

Mphoko's externalisation case drags on

A CASE in which former operations manager at Bulk Cash and Carry Wholesalers implicated Vice President Phelekezela Mphoko in the externalisation of millions of dollars involving Pakistan businessman I...

By Staff reporter | Published: 16 August 2017

BUSINESS NEWS

Mandiwanzira imposes infrastructure sharing

INFORMATION Communication Technology minister Supa Mandiwanzira has banned mobile network operators from individually constructing new base station towers, arguing the move has not only been outlawed,...

By Staff reporter | Published: 16 August 2017

BUSINESS NEWS

Zesa audit report complete

THE independent consultant engaged to audit the cost structure of Zesa Holdings has completed its work with the findings of the study, still being kept confidential, set to be presented to Cabinet for...

By Staff reporter | Published: 16 August 2017

BUSINESS NEWS

SA investor for Tokwe Mukosi

THE Zimbabwe Tourism Authority (ZTA) is on the verge of luring a South African investor, Cable-Way, to set up a cable car facility at Tokwe-Mukosi Dam in Chivi District to promote tourism.ZTA chief ex...

By Staff reporter | Published: 16 August 2017

OPINION

The Zimbabwe dollar

THE year 1980 was a very good year indeed, not only for political reasons, but economic reasons as the Zimbabwe dollar was very strong against major currencies, even way stronger than regional currenc...

By Morris Mpala, MoB Capital Ltd | Published: 16 August 2017

BUSINESS NEWS

$20m poured into IDBZ for projects

THE Government has since January injected $20 million fresh capital into the Infrastructure Development Bank of Zimbabwe (IDBZ) to enhance its capacity in undertaking several projects across the count...

By Staff reporter | Published: 16 August 2017

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