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POLITICS

Mohadi to appear before Mines Parly committee

MORE bigwigs are expected to appear before the Parliamentary Portfolio Committee on Mines and Energy today with Vice President Kembo Mohadi being the most senior as the probe into the leakage of $15 b...

By Staff reporter | Published: 13 April 2018

BUSINESS NEWS

Egodini upgrade: Contractor gets down to business

DEMOLITION of old infrastructure is underway at Egodini terminus in Bulawayo as work on the $60 million mall construction project takes shape.South African engineering firm, Terracotta Private Limited...

By Staff reporter | Published: 13 April 2018

OPINION

Zimbabwe Airways to boost aviation and tourism industry

GOVERNMENT has taken delivery of a Boeing 777 aircraft from Malaysia - part of an envisaged fleet of 10 aeroplanes to be managed under a new company tasked to boost the local aviation sector. The 300-...

By Staff reporter | Published: 13 April 2018

BUSINESS NEWS

Slow processing of payments irks tobacco farmers

Tobacco farmers are complaining over delays in the processing of their payments at the auction floors in Harare, resulting in most of them spending days camped at the floors.They said their cheques we...

By Staff reporter | Published: 13 April 2018

POLITICS

ZRP caught offside

The Zimbabwe Republic Police (ZRP) acted unlawfully when it refused to reinstate a member contesting his discharge from service, despite him having filed an appeal with the Police Service Commission, ...

By Staff reporter | Published: 13 April 2018

BUSINESS NEWS

CBZ, Pick n Pay eye Shurugwi

One of the country's leading commercial banks, CBZ is set to open a new branch in Shurugwi as it seeks to increase its clientèle base.Shurugwi town secretary Mr Solomon Siziba said the bank was expec...

By Staff reporter | Published: 13 April 2018

BUSINESS NEWS

Investment expert speaks out

Rwandan governance expert Ms Clare Akamanzi yesterday said there was need to empower the envisaged one-stop investment organisation integrating several Government business arms as part of efforts to i...

By Staff reporter | Published: 13 April 2018

BUSINESS NEWS

Banks sit on RBZ business facilities

A NUMBER of Reserve Bank of Zimbabwe (RBZ) funding schemes are not accessible to businesses due to banks' reluctance to disburse them, an official has said.The apex bank has acknowledged lack of effec...

By Staff reporter | Published: 13 April 2018

BUSINESS NEWS

EMA confiscates 400 000 kaylites

The Environmental Management Authority (EMA) has confiscated at least 400 000 kaylite containers, known as Expanded Polystyrene Foam (EPS) since December last year, as it moved to stop use of the bann...

By Staff reporter | Published: 13 April 2018

OPINION

Lessons from the Chinese economic model

Zimbabwe is six hours behind China and Beijing has a population twice that of the whole of Zimbabwe. The Chinese economy is performing well, coming second only to the United States. It talks about its...

By Victoria Ruzvidzo | Published: 13 April 2018

BUSINESS NEWS

Huge response for investment indaba

OVER 100 foreign investors have expressed interest in participating in the Mashonaland West is Open for Business Conference set for next week in Chinhoyi.The potential investors are expected to play a...

By Staff reporter | Published: 13 April 2018

LANDS & AGRICULTURE

Minister commissions seed bank in Mudzi

Minister of State for Mashonaland East Provincial Affairs David Musabayana last week commissioned a seed bank that is expected to be used by farmers in Mudzi District to store small grains.Addressing ...

By Staff reporter | Published: 13 April 2018

POLITICS

'Retain Mnangagwa for continued progress'

President Mnangagwa has achieved notable successes in the few months that he has been in power and the nation should resoundingly vote for him in the forthcoming elections to guarantee continued progr...

By Staff reporter | Published: 13 April 2018

FINANCIAL SERVICES

ZB Bank reopens Mutare branch

ZB Bank Financial Holdings on Wednesday officially opened the refurbished Mutare branch in line with the bank's 2018 campaign of going big on service delivery, product innovation, technology and infra...

By Staff reporter | Published: 13 April 2018

AFRICA BUSINESS

'The start of an African economic resurgence'

Anil Agarwal, the Chairman of Vedanta Resources Plc, today outlined a Path to Growth for the Konkola Copper Mines (KCM), a Zambian subsidiary of the diversified global mining and resources company. Th...

By Staff reporter | Published: 12 April 2018

BUSINESS NEWS

Three tier model threatens price stability

Limited foreign currency is stifling efforts to wipe out a three tier pricing system despite a slowdown in price increases in Zimbabwe since January.        &nb...

By Staff reporter | Published: 12 April 2018

ZSE TODAY

Market Commentary 12 April 2018

Turnover rose to $3,134,713 on the Zimbabwe Stock Exchange on Thursday from the $2 million recorded yesterday. Market capitalization closed at $8,564,216,424. The trading session closed with foreign b...

By zse | Published: 12 April 2018

TRANSPORT & TOURISM

Spotlight on Zimbabwe Airways

In a dramatic development which further shines the spotlight on Zimbabwe Airways - an opaque new airline which was suspected to have close links with former president Robert Mugabe's family - the gove...

By Staff reporter | Published: 12 April 2018

OTHER

OK Grand Challenge kicks off

The annual OK Grand Challenge Promotion, which is kicking off nationwide today and ending on June 1, will be bigger and better than last year, the retail organisation's chief executive officer Alex Si...

By Staff reporter | Published: 12 April 2018

TRANSPORT & TOURISM

Luxurious hotel for Vic Falls

Victoria Falls will soon boast a new luxury boutique called Mbano Manor Hotel, set to be launched in the first half of 2019, the Financial Gazette reported.The driving force behind Mbano Manor Hotel, ...

By Staff reporter | Published: 12 April 2018

MINING & RETAIL

Latitude to acquire lithium project in Zimbabwe

Latitude Consolidated Ltd, a mining company listed on the Australian Stock Exchange, has entered into a binding agreement to acquire a 70% interest in the Mbeta Lithium Project in Zimbabwe.Mbeta compr...

By Staff reporter | Published: 12 April 2018

BUSINESS NEWS

Top Zim exec suspended by KPMG South Africa

KPMG has suspended the head of its largest business unit, who was the lead audit partner on VBS Mutual Bank.Sipho Malaba, who is related to Chief Justice Luke Malaba, was tasked with running KPMG's la...

By Staff reporter | Published: 12 April 2018

BUSINESS NEWS

Chiwenga instigated cancellation of Zim highway tender

President Emmerson Mnangagwa's decision to cancel Geiger International contract to dualise the BeitBrigde-Harare-Chirundu highway was instigated by Vice President Constantino Chiwenga's “serious pro...

By Staff reporter | Published: 12 April 2018

TELECOMS & TECHNOLOGY

Liquid eyes more cloud services business

LIQUID Telecom has stepped up efforts to sign on more businesses to adopt Microsoft's cloud services following a partnership with the tech giant early last year.Cloud services is cloud computing, that...

By Staff reporter | Published: 12 April 2018

POLITICS

MDC-T in candidates dilemma

THE MDC-T elections directorate is reportedly struggling to finalise its candidate selection process and has already missed its Tuesday deadline to complete the exercise.This comes amid reports that s...

By Staff reporter | Published: 12 April 2018

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