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BUSINESS NEWS

Basic commodity price hikes loom

An increase in prices of basic commodities and other products is looming in Zimbabwe, as fuel prices continue on an upward trend, the Confederation of Zimbabwe Retailers (CZR) has warned.Fuel prices h...

By Staff reporter | Published: 04 June 2018

BUSINESS NEWS

Zimra accused of stifling export growth

Delays at border posts have seen Bulawayo companies accusing the Zimbabwe Revenue Authority (Zimra) of being an impediment to exports growth, as they say this has seen them losing business worth milli...

By Staff reporter | Published: 04 June 2018

OPINION

Why foreign investment is no easy fix for Africa's energy needs

Foreign investment in sub-Saharan Africa's power sector has reached a record-high. Spurred on by the United Nations' goal to ensure modern energy access for all by 2030, international donors have focu...

By Philipp Trotter & Sabah Abdullah | Published: 04 June 2018

POLITICS

Zanu-PF supporters vow to 'donate' Tsholotsho to MDC

THE chaos that characterised the Zanu-PF Tsholotsho North constituency primaries could turn out to be a bane for the party, with some supporters vowing to play a bhora musango on the "imposed" candida...

By Staff reporter | Published: 04 June 2018

POLITICS

Khupe allies' trial date set

THE trial of six of Thokozani Khupe's supporters accused of burning a bus used to transport her rivals to a rally held in Bulawayo two months ago, will kick off tomorrow.The activists face allegations...

By Staff reporter | Published: 04 June 2018

POLITICS

MDC-T governed Gweru books last audited in 2014

GWERU City Council's accounts were last audited four years ago, a situation that compromises on good corporate governance, chairperson of the Service Level Benchmarking (SLB) peer review committee, Ge...

By Staff reporter | Published: 04 June 2018

POLITICS

'Zimbabwe is a one-party State,' says Mohadi

Vice-President Kembo Mohadi has declared that Zimbabwe is a one-party State, describing opposition parties as "barking jackals", which will not stand in Zanu-PF's way on election day.Addressing a poor...

By Staff reporter | Published: 04 June 2018

POLITICS

'Punish Zanu-PF'

MDC-T national executive committee member, Tracy Mutinhiri has appealed to Mashonaland East province to punish Zanu-PF in the July 30 general elections for past political atrocities.Mutinhiri, a forme...

By Staff reporter | Published: 04 June 2018

POLITICS

Jonathan Moyo ups anti-Mnangagwa ante

EXILED former Zanu-PF politburo member, Jonathan Moyo has escalated his campaign for MDC Alliance presidential candidate, Nelson Chamisa to give the ruling party leader, President Emmerson Mnangagwa a...

By Staff reporter | Published: 04 June 2018

POLITICS

Chamisa begs Mnangagwa for government posts

INTERACTION between President Mnangagwa and opposition figures will only be a fixture of post-election Zimbabwe and not before, Secretary for Information, Media and Broadcasting Services Mr George Cha...

By Staff reporter | Published: 04 June 2018

POLITICS

MDC-T, Zanu-PF head for showdown

VIOLENT clashes are likely to break out in Harare tomorrow after Zanu-PF youth threatened to take to the streets on the same day to counter an MDC Alliance planned demonstration to demand electoral re...

By Staff reporter | Published: 04 June 2018

FINANCIAL SERVICES

Ecobank named Africa's best and most innovative

PAN-African banking group, Ecobank, has won two major awards at the recent African Banker's prestigious ceremony held in Busan, South Korea.The bank has been named 'best retail bank in Africa' after ...

By Staff reporter | Published: 04 June 2018

INDUSTRIALS & ENERGY

Simbisa to open more outlets in Kwekwe

FAST food chain, Simbisa Brands is set to open two outlets in Kwekwe in the next two months as it spreads its wings to maintain market dominance on the local market.Simbisa already operates Nando's, C...

By Staff reporter | Published: 04 June 2018

POLITICS

Mnangagwa commends American doctors

The power of partnering in worthy causes was demonstrated on Wednesday when President Mnangagwa and First Lady Amai Auxillia Mnangagwa hosted a special dinner at State House for American doctors, who ...

By Staff reporter | Published: 04 June 2018

FINANCIAL SERVICES

Barclays Zim to operate under dual brand by October

BARCLAYS Bank of Zimbabwe says it will be operating under a dual brand by October this year following its acquisition by FMB Malawi last year.Last October, FMB received regulatory approvals to acquire...

By The Source | Published: 04 June 2018

BUSINESS NEWS

#ShutDownHarare - Police warn MDC Alliance

Police have warned that anyone found on the wrong side of the law during demonstrations mooted by opposition political parties should be prepared for the consequences.Zimbabwe Republic Police commande...

By Staff reporter | Published: 04 June 2018

FINANCIAL SERVICES

Steward Bank profit before tax rises 133%

STEWARD Bank has recorded profit before tax of $32,7 million for the full year ended February 28, 2018, a 133 percent jump from last year's $8,4 million.In statement accompanying the bank's financial ...

By Staff reporter | Published: 04 June 2018

POLITICS

Khaya Moyo slams MDC-T

THE Zanu-PF party has said threats that were made by MDC-T leader Advocate Nelson Chamisa to hold a demonstration in Harare and stop elections was a confirmation that the party had a propensity for vi...

By Staff reporter | Published: 04 June 2018

BUSINESS NEWS

Ministry warns against land fraudsters

THE Ministry of Lands, Agriculture and Rural Resettlement has warned the public to be wary of fraudsters that are masquerading as Air Chief Marshal Perrance Shiri (Rtd) and demanding money from unsusp...

By Staff reporter | Published: 04 June 2018

POLITICS

'Chamisa desperate to dodge July elections'

INTERACTION between President Emmerson Mnangagwa and opposition figures will only be a fixture of post-election Zimbabwe and not before, Information, Media and Broadcasting Services Secretary Mr Georg...

By Staff reporter | Published: 04 June 2018

TELECOMS & TECHNOLOGY

Econet reports $831m topline revenue

ECONET Wireless Zimbabwe has reported impressive $831,6 million top line revenue for the full year ended 28 February 2018, a 34 percent increase from the $621,7 million reported in the prior year.Buoy...

By Staff reporter | Published: 04 June 2018

TELECOMS & TECHNOLOGY

Potraz rakes in over $120 million

THE Postal and Telecommunications Regulatory Authority of Zimbabwe has collected over $120 million since the introduction of the multi-currency system in 2009 under the Universal Services Fund (USF), ...

By Staff reporter | Published: 04 June 2018

BUSINESS NEWS

Zvorwadza urges vendors to embrace new dispensation

Informal traders in the Midlands Province have been urged to support the new dispensation and spurn attempts by some political parties to influence them against participating in the economic developme...

By Staff reporter | Published: 04 June 2018

OPINION

The rise of Zanu-PF

As the 2018 harmonised elections draw near, July 30 2018 to be exact, ZANU--PF, as the proverbial Phoenix, is rising from the ashes of the previous dispensation to become a formidable political player...

By Elijah Chihota | Published: 04 June 2018

POLITICS

'Zanu-PF stronger than before'

Zanu-PF Midlands chairperson Daniel Mackenzie Ncube has said the party is now stronger than before, as candidates have managed to bury the hatchet and find common ground ahead of the harmonised electi...

By Staff reporter | Published: 04 June 2018

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