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Market Commentary 23 April 2018

The local bourse's turnover opened the week at a firm $5,319,869 after 74 trades came through. Foreign buys went up to $3,871,624 with sales closing at $1,188,496. Market capitalization closed the tra...

By zse | Published: 23 April 2018

POLITICS

Chiwenga, Mnangagwa roles conflict

A potential conflict and possibly a constitutional crisis might emerge if President Emmerson Mnangagwa does not deal with overlapping responsibilities between him and his equally powerful deputy, Vice...

By Staff reporter | Published: 23 April 2018

POLITICS

Grace Mugabe linked to $5m bribe request

A cabinet minister asked Africa's richest man, Aliko Dangote, for a $5-million bribe on behalf of the Mugabe family, sources told the Sunday Times this week.Robert Mugabe's nephew Patrick Zhuwao is sa...

By Staff reporter | Published: 23 April 2018

POLITICS

Big names enter Zanu-PF primaries

Zanu-PF primaries in Masvingo to be held on May 5, 2018 have probably attracted bigger names than any other election in the last 13 years, with reputable captains of industry, famed academics and seas...

By Masvingo Mirror | Published: 23 April 2018

BUSINESS NEWS

'Interest in Zimbabwe intensifies'

Zimbabwe is deriving tremendous mileage from Government's ongoing re-engagement drive as interest in the country has intensified across the globe, Foreign Affairs and International Trade Minister Reti...

By Staff reporter | Published: 23 April 2018

POLITICS

James Makamba exposed in leaked audio

Businessman James Makamba, who ended 12 years of self-imposed exile four months ago, has been exposed for plotting to bring down Information Communication Technologies (ICT) and Cyber Security ministe...

By Staff reporter | Published: 23 April 2018

POLITICS

Chihuri found in Malawi

Former police commissioner-general Augustine Chihuri whose world is collapsing around him, reportedly sought and found refuge at his wife's family home in Malawi where he is said to be nursing an undi...

By Staff reporter | Published: 23 April 2018

POLITICS

Zanu-PF bigwigs face axe

A number of senior Zanu-PF officials risk losing their parliamentary seats after they failed to avoid primary elections in their constituencies.Finance minister Patrick Chinamasa, Information Communic...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Govt to put measures in place to reduce cost drivers

GOVERNMENT is putting in place measures to reduce cost drivers in order to enhance competitiveness of the country's exports.Industry, Commerce and Enterprise Development Minister Dr Mike Bimha said th...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Vic Falls drops case against former director

THE Victoria Falls Municipality (VFM) has withdrawn a case against its former Housing and Community Services director Mr Lot Syatimbula it wanted evicted from the council house as the parties have ag...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Power Pool fast-tracks MoZiSA project

The Southern African Power Pool (SAPP) is fast-tracking implementation of the MoZiSA (Mozambique, Zimbabwe, and South Africa) Regional Interconnector Project in order to capitalise on South Africa's e...

By Staff reporter | Published: 23 April 2018

POLITICS

Chamisa in poll boycott threat

The squabble-stricken MDC Alliance led by Advocate Nelson Chamisa has threatened to boycott the forthcoming elections in the event that Zimbabwe Electoral Commission (Zec) does not include it during t...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Sadc boss commends SARDC

Research and information management is important in the implementation of Sadc's industrialisation policy, visiting Sadc executive secretary Dr Stergomena Lawrence Tax said on Friday.Dr Tax said this ...

By Staff reporter | Published: 23 April 2018

MINING & RETAIL

Restructured Metallon guns for full capacity

THE country's biggest gold producer, Metallon Corporation says it wants four of its mining operations in Zimbabwe to reach their full production capacities this year.Metallon owns How Mine, Mazowe, Re...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Zimbabwe firms position themselves for growth

ZIMBABWE'S trade deficit widened to $317,2 million last month from $227,6 million in February in what economic analysts attribute to more demand for critical raw materials as businesses position thems...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Zimbabwe scouts for fresh CSC investors

GOVERNMENT is scouting for fresh investors to revive operations at the ailing Cold Storage Company (CSC) as part of measures to stimulate economic growth and create jobs, a Cabinet Minister said.CSC i...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

'National interest comes first'

POLITICAL contestation should never trump the national interest, Foreign Affairs and International Trade Minister Lieutenant General Dr Sibusiso Moyo (Rtd) said as he rallied Zimbabweans to embrace ci...

By Staff reporter | Published: 23 April 2018

POLITICS

G40 linked candidates rejected

Aspiring candidates, most of them who were linked to the G40 cabal in the Midlands province, will not be representing the revolutionary party in this year's harmonised election after their CVs were re...

By Staff reporter | Published: 23 April 2018

POLITICS

Zimbabwe rules out Diaspora vote

JUSTICE, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi has ruled out Diaspora Vote in the forthcoming harmonised elections, saying it is not provided for in the Constitution.Minister Ziyamb...

By Staff reporter | Published: 23 April 2018

POLITICS

Mugabe hounded Mapfumo out of Zimbabwe

The king of Chimurenga music, Dr Thomas "Mukanya" Mapfumo yesterday said former President Robert Mugabe was behind his persecution, adding that he would not have returned to Zimbabwe if his administra...

By Staff reporter | Published: 23 April 2018

POLITICS

Chinese team arrives to train locals

Implementation of mega deals signed between Zimbabwe and China during President Mnangagwa's recent visit to Beijing received a boost yesterday with the arrival of a high-powered delegation from China'...

By Staff rpeorter | Published: 23 April 2018

BUSINESS NEWS

Fired nurses re-hired

GOVERNMENT has re-engaged fired nurses and hired more health practitioners in a development that is expected to improve service delivery at the country's health institutions.The Health Services Board ...

By Staff reporter | Published: 23 April 2018

OPINION

Zimbabwe tourist arrivals jump 56%

Gift Phiri talks to Zimbabwe Tourism Authority CEO Karikoga Kaseke about the tourism spin-offs from the China State visit that he embarked on in a delegation led by President Emmerson Mnangagwa. Find ...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Zim to establish insurance crimes unit

Zimbabwe is set to establish an independent insurance crimes unit to fight rising fraud claims amounting to $165 million annually in the country.Over the past few years Zimbabwe has witnessed an incre...

By Staff reporter | Published: 23 April 2018

OPINION

Zim leaders must simply fix health care system

Vice President Kembo Mohadi has gone abroad for medical treatment. The reason for exercising this choice is pretty obvious: he lacks confidence in the Zimbabwe health systems and can also afford the t...

By Staff reporter | Published: 23 April 2018

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