Latest News

NMB Bank partners World Remit, Small World

NMB Bank has partnered with global money transfer agents World Remit and Small World Financial Services to provide further options for Zimbabweans wanting to receive money from other countries.The ban...

By Staff reporter | Published: 01 June 2018

ZSE TODAY

Market Commentary 1 June 2018

The All Share index closed the week on a higher note after putting a strong 1.69 points (1.56%) to close at 109.99 points. Beverage giant DELTA (DLTA.zw) went up by $0.0600 to trade at $2.1300, ECONET...

By zse | Published: 01 June 2018

POLITICS

BREAKING: Kasukuwere arrested

Former cabinet minister, Saviour Kasukuwere has been picked up by the police and arraigned before a Harare Magistrate facing charges of violating the Immigration Act by unlawfully exiting the country....

By Staff reporter | Published: 01 June 2018

POLITICS

Matebeleland South Zanu-PF rally cancelled

PRESIDENT Mnangagwa has cancelled a Zanu-PF star rally in Matabeleland South tomorrow as earlier announced.Simon Khaya Moyo, Zanu-PF national spokesperson, yesterday said the Matabeleland South rally ...

By Staff reporter | Published: 01 June 2018

MINING & RETAIL

SPAR Kwekwe is open for business

"We are delighted to announce the official opening of SPAR Kwekwe," Moses Chihuri of SPAR Zimbabwe said this week."As we welcome the newest member of the family, we at SPAR Zimbabwe are excited and po...

By Staff reporter | Published: 01 June 2018

TELECOMS & TECHNOLOGY

Kwese Play comes to Zimbabwe

ECONET Media on Wednesday launched a new product on the local market, Kwese Play, a Roku powered streaming box device with over 200 streaming channels in partnership with ZOL and Econet after it was f...

By Staff reporter | Published: 01 June 2018

POLITICS

Mugabe hits hard times

LOCAL seed company, Seed Potato Co-op (Pvt) Ltd, has taken former President Robert Mugabe's family business, Gushungo Holdings (Pvt) Ltd, to court seeking to recover over $174 000 it was owed for pota...

By Staff reporter | Published: 01 June 2018

POLITICS

Khupe to sue Chamisa over campaign money

MDC-T breakaway faction leader, Thokozani Khupe, has threatened to approach the courts on an urgent basis seeking to bar her rival Nelson Chamisa from using the money he recently received under the Po...

By Staff reporter | Published: 01 June 2018

POLITICS

'Zimbabwe soldiers, CIO deployed in rural areas'

FORMER Home Affairs minister and Zapu leader Dumiso Dabengwa has expressed doubts over the credibility of next month's general elections, which he said were being rushed through before implementation ...

By Staff reporter | Published: 01 June 2018

POLITICS

Zanu-PF the only democratic party, says Mnangagwa

PRESIDENT Emmerson Mnangagwa yesterday claimed that Zanu-PF was the only democratic party in the country that allowed people to freely choose their candidates without any form of coercion.Addressing t...

By Staff reporter | Published: 01 June 2018

BUSINESS NEWS

Zesa told to pull plug on Chivayo

PARLIAMENT yesterday recommended the investigation and prosecution of the four former Energy ministers Samuel Undenge, Dzikamai Mavhaire, Elton Mangoma and former Energy deputy minister Munashe Mutezo...

By Staff reporter | Published: 01 June 2018

BUSINESS NEWS

Employees sue Simms over $122 194 salary arrears

TWELVE employees at Simms Electrical Company in Bulawayo have taken their employer to court demanding payment of $122 194 owed in outstanding salaries after they recently obtained an arbitration award...

By Staff reporter | Published: 01 June 2018

CONSTRUCTION & PROPERTY

CBZ renews hope in Vic Falls housing scheme

CBZ Bank has assured beneficiaries of its housing scheme in Victoria Falls that they will not lose out after it emerged that some of the residential stands had been double-allocated by the council.In ...

By Staff reporter | Published: 01 June 2018

POLITICS

Mliswa eyeing Cabinet post in Mnangagwa's govt

NORTON legislator, Temba Mliswa (Independent) says he is confident of landing a Cabinet post in President Emmerson Mnangagwa's new administration after next month's general elections.Addressing guests...

By Staff reporter | Published: 01 June 2018

POLITICS

Chamisa to shut down Harare

MDC-T has warned that it will shut down Harare and stop elections set for July 30 if the Zimbabwe Electoral Commission (Zec), does not accede to its demands forreforms.Addressing supporters in Mutoko,...

By Staff reporter | Published: 01 June 2018

BUSINESS NEWS

PSC chair vows to tackle ghost works

NEWLY-APPOINTED Public Service Commission (PSC) chairperson, Vincent Hungwe, has vowed to flush out ghost workers, as part of efforts to improve efficiency and manage government's ballooning wage bill...

By Staff reporter | Published: 01 June 2018

FINANCIAL SERVICES

Steward Bank recorded 176 000 new customers

STEWARD Bank recorded 176 000 new customers, which helped grow its profit after tax by 268,4% to $22,45 million for the financial year ending February 28, 2018.This was from a previous of $6,15 millio...

By Staff reporter | Published: 01 June 2018

MINING & RETAIL

Arcturus mine to increase production output

ARCTURUS Mine is working towards increasing production to 15 000 tonnes of gold ore per month through expanding its current operations under its medium term plan, an official has said.Arcturus Mine ow...

By Staff reporter | Published: 01 June 2018

OPINION

You can lie, but don't use other people's names

I AM not an obsessive pursuer of anyone because I am not a serial stalker. Pursuing a serial liar does not make me a serial stalker, but I am forced - once again - to write about MDC-T leader, Nelson ...

By Conway Nkumbuzo Tutani | Published: 01 June 2018

BUSINESS NEWS

RBZ secures $1,19bn worth of liquidity facilities

THE Reserve Bank of Zimbabwe (RBZ) now has $1,19 billion worth of liquidity facilities from various foreign institutions, as it seeks a solution to foreign currency shortages.In a presentation to Parl...

By Staff reporter | Published: 01 June 2018

OPINION

Poverty driving teens into sex work

GROWING up as a young girl Suzie (not real name) never imagined that at 25 she could end up being HIV positive and a sex worker.Life obstacles and challenges forced her onto this path.Family members a...

By Staff reporter | Published: 01 June 2018

POLITICS

Chamisa's MDC-T rejects PDP Parly candidate

THE Nelson Chamisa-led MDC Alliance faces a stern test in Mbizo constituency, Kwekwe where MDC-T structures are reportedly opposed to having the seat allocated to PDP parliamentary candidate, Settleme...

By Staff reporter | Published: 01 June 2018

BUSINESS NEWS

Zimra official issues fake TIP

A ZIMBABWE Revenue Authority (Zimra) official is in trouble after he issued a fake temporary import permit (TIP) for an impounded South Africa-registered vehicle, which belonged to Hwange company secr...

By Staff reporter | Published: 01 June 2018

BUSINESS NEWS

NRZ pensioners cry foul over unpaid salary arrears

SOME National Railways of Zimbabwe (NRZ) pensioners have claimed that they have been turned into destitutes after the parastatal failed to clear their salary arrears running into thousands of dollars....

By Staff reporter | Published: 01 June 2018

POLITICS

Chamisa pledges to appoint a 15-member Cabinet

MDC Alliance presidential candidate, Nelson Chamisa has pledged to appoint a lean 15-member Cabinet to avoid overburdening the taxpayers, adding he would not hesitate to expel incompetent ministers an...

By Staff reporter | Published: 01 June 2018

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