Latest News

MINING & RETAIL

Moti Group agreeable to selling shares in Zim

SOUTH Africa's Moti Group will consider selling shares in its Zimbabwean chrome mining operations if Government pushes ahead with the proposal.Zimbabwean policymakers are debating a bill that will req...

By Bloomberg | Published: 17 April 2018

BUSINESS NEWS

March inflation drops to 2.68%

ZIMBABWE'S annual rate of inflation for March shed 0,3 percentage points on the February figure to 2,68 percent, the Zimbabwe National Statistics Agency (ZimsStat) reported."This means that prices as ...

By Staff reporter | Published: 17 April 2018

INDUSTRIALS & ENERGY

Zim puts wind energy plan on hold

ZIMBABWE has put on hold plans to undertake a wind resource measurement exercise on three sites with highest energy potential, as the price bids received from companies that tendered to carry out the ...

By Staff reporter | Published: 17 April 2018

OPINION

Zim scores major foreign policy breakthroughs

SLOWLY but surely Zimbabwe is regaining acceptance in the community of nations and could soon record major foreign policy breakthroughs thanks to the valiant efforts of the new dispensation. For the f...

By Staff reporter | Published: 17 April 2018

TRANSPORT & TOURISM

'NRZ joint venture agreement end of May'

THE $400 million recapitalisation deal between the National Railways of Zimbabwe (NRZ) and the Diaspora Investment Development Group (DIDG)/Transnet Consortium is well on course, with the joint ventur...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Expedite SEZs, CZI tells government

GOVERNMENT has been urged to expedite the implementation of the special economic zones (SEZs) programme for the benefit of the economy.Confederation of Zimbabwe Industries Matabeleland Chapter preside...

By Staff reporter | Published: 17 April 2018

POLITICS

Workers seek Mnangagwa help in labour row

WORKERS at a Kwekwe-based explosives manufacturing firm, GML Explosives, have approached President Emmerson Mnangagwa's office seeking help to stop Croatian investors from disposing off the company fo...

By Staff reporter | Published: 17 April 2018

POLITICS

Mugabe's war with small-scale miners rages on

TWO Mazowe small-scale gold miners have once again taken former President Robert Mugabe's family business, Gushungo Holdings (Pvt) Ltd, to court seeking to be declared the rightful owners of blocks of...

By Staff reporter | Published: 17 April 2018

LANDS & AGRICULTURE

Tobacco farmers hail payment in forex

Tobacco farmers have welcomed Government's decision to pay them part of their money in foreign currency.The growers are entitled to a cash withdrawal of $300 per sale from banks operating at the aucti...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Govt urges nurses to end strike

Government has exhorted striking nurses to go back to work without any further delay to allow it time to work on their grievances.In a statement yesterday, Health and Child Care Minister Dr David Pari...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Landmark ruling on inheritance

Grandchildren can lawfully step into their parents' shoes to inherit from their grandparents in cases where the concerned parents are deceased, the High Court has ruled.In a landmark inheritance judgm...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Moyo in New York on a Wall Street charm offensive

Foreign Affairs and International Trade Minister Dr Sibusiso Moyo has said there has been tremendous progress under the new political administration led by President Mnangagwa, as Government has set o...

By Staff reporter | Published: 17 April 2018

POLITICS

Khupe to challenge expulsion at Concourt today

The MDC-T leadership wrangle continues to fester after it emerged that expelled vice president Dr Thokozani Khupe will be challenging her expulsion from Parliament at the Constitutional Court today.Dr...

By Staff reporter | Published: 17 April 2018

POLITICS

MDC-T moves protect party name

The MDC-T has secured legal protection of its name and symbol as the ugly fallout with the rival faction led by sacked former vice-president Thokozani Khupe continues to play out in the public. MDC-T'...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Experts caution Zim on AfCFTA

Government needs to first look at ways of strengthening its attractiveness in terms of trade and investment before ratifying the African Continental Free Trade Area (AfCFTA), trade experts have said.T...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Zimbabwe State Houses under major renovations

THE government is currently renovating both Harare and Bulawayo State Houses, which had been neglected by the former First Family since ex-President Robert Mugabe and former First Lady Grace took resi...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Mnangagwa visit: Chinese delegation jets in

China has sent an 11-member delegation to Zimbabwe as a follow-up to President Mnangagwa's State visit to the Asian economic giant early this month where several business deals were signed, while rela...

By Staff reporter | Published: 17 April 2018

POLITICS

Man steals $50 000 Mugabe property

A Chitungwiza man appeared in court yesterday on allegations of stealing property worth $49 982 belonging to former President Robert Mugabe.Mr Mugabe is being represented by Enoch Nyamurima (52), who ...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

'Mugabe planes' torment minister

Parliament is turning up the heat on beleaguered Transport minister Joram Gumbo, demanding that he provides convincing answers on all aspects of the controversial new airport, Zimbabwe Airways - said ...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Econet gets licence to generate solar energy

Econet Wireless Zimbabwe (Econet) has been given a licence to generate power to meet the electricity and energy needs at its Willowvale premises in Harare. The Willowvale complex is a major hub for Ec...

By Staff reporter | Published: 17 April 2018

POLITICS

'Solve cash problems first before inviting Zimbabweans back home'

A South African based think tank, the Institute for Security Studies (ISS), belie"es that the recent call by the Zimbabwean government, urging those who fled the country to return home was a step in t...

By Staff reporter | Published: 17 April 2018

POLITICS

Chamisa demands independence day VIP invite

MDC-T leader Nelson Chamisa and his party have written to President Emmerson Mnangagwa demanding to be drafted into the country's main Independence Day celebrations amid signs the Zanu-PF administrati...

By Staff reporter | Published: 17 April 2018

ZSE TODAY

Market Commentary 16 April 2018

The local bourse's market capitalization closed at $8.64 billion; with foreign buys standing at $217,417 as sales closed at $235,950.There was low activity on the market with only three counters tradi...

By zse | Published: 16 April 2018

MINING & RETAIL

Agarwal hires AngloGold's CEO to run Vedanta

Indian billionaire Anil Agarwal's Vedanta Resources named AngloGold Ashanti's Srinivasan Venkatakrishnan as its new chief executive officer as the diversified miner ended a year-long search for a new ...

By Staff reporter | Published: 16 April 2018

BUSINESS NEWS

UBH private pharmacy shut down

THE Medicines Control Authority of Zimbabwe (MCAZ) last week closed down United Bulawayo Hospitals 24-hour private pharmacy which was allegedly operating illegally at the hospital premises resulting i...

By Staff reporter | Published: 16 April 2018

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