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TRANSPORT & TOURISM

Road Motor Services seeks investors

State-owned logistics firm Road Motor Services (RMS) has invited interested investors to submit financial proposals to lease and develop approximately 10 000 square metres of cargo handling and storag...

By Staff reporter | Published: 05 April 2018

INDUSTRIALS & ENERGY

Farmers against Cottco monopoly

Cotton farmers are against the Cotton Company of Zimbabwe's current push to have its monopoly on cotton marketing restored, saying this will grossly be prejudicial.Farmers want the current arrangement...

By Staff reporter | Published: 05 April 2018

POLITICS

State visit a huge success, says Mnangagwa

President Emmerson Mnangagwa has said his State visit to China has been very successful and has given momentum to Zimbabwe's thrust of rebuilding the economy .The State visit began on Monday and ends ...

By Staff reporter | Published: 05 April 2018

POLITICS

Race for Zanu-PF ticket hots up

Zanu-PF members interested in contesting in the May 5 primary elections have begun submitting their curricula vitae (CVS) across the country ahead of today's deadline. By last night, some members were...

By Staff reporter | Published: 05 April 2018

POLITICS

Mnangagwa says, 'days of sloganeering are over'

Zanu-PF President and First Secretary Emmerson Mnangagwa has castigated the elevation of some party members to positions of authority simply because they can recite a slogan, saying those days were ov...

By Staff reporter | Published: 05 April 2018

MINING & RETAIL

Mimosa not replacing Chitando

ZIMBABWEAN platinum producer Mimosa Mining Company, has abolished the post of executive chairman previously held by Mr Winston Chitando, who left the mining concern to join Government as Mines and Min...

By Staff reporter | Published: 05 April 2018

MINING & RETAIL

RBZ incentive to boost Blanket Mine earnings

TORONTO Stock Exchange listed miner, Caledonia Mining Corporation, anticipates a $5,1 million boost in income for its local gold mining unit, Blanket Mine, for the year to December 31, 2018, after the...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

Indians mull barter to ease forex woes

The Indian business community has proposed the use of barter trade with their Zimbabwean counterparts, to ease the foreign exchange crisis bedevilling the economy.In an interview on the sidelines of t...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

'Employment data grossly underrepresented'

LABOUR expert, Godfrey Kanyenze yesterday said the absence of up-to-date scientific labour market data was frustrating efforts to address the country's rising unemployment levels.Kanyenze, who heads t...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

Shabanie Mashava Mine evicts ex-employees

Thousands of the affected workers are pensioners, who are owed more than $30 000 each in terminal benefits by the company.Part of the order served on one of the tenants read: "An order for eviction of...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

BCC loses $1 million in collapsed banks

THE Bulawayo City Council (BCC) has reportedly lost more than $1 million invested in financial institutions that have collapsed due to mismanagement and economic problems affecting the country.Accordi...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

Harare now 'bottle store city'

Harare mayor, Bernard Manyenyeni has chided the local authority for licensing more bottle stores at the expense of residential stands, earning itself the tag "booze city".Manyenyeni said city liquor o...

By Staff reporter | Published: 05 April 2018

LANDS & AGRICULTURE

MTC targets 10m kg tobacco

Mashonaland Tobacco Company is targeting a 10 million kilogramme haul of tobacco during the current marketing season at it has recorded a 50 percent increase of growers from the 2016-2017 season. The ...

By Staff reporter | Published: 05 April 2018

CRICKET

Racism row erupts at Zimbabwe Cricket

Zimbabwe cricket yesterday plunged into dangerous and divisive territory when the national association's boss Tavengwa Mukuhlani accused sacked Chevrons coach Heath Streak of racism in his team select...

By Staff reporter | Published: 05 April 2018

POLITICS

Mugabe cranks up fight with Mnangagwa

Sulking former president Robert Mugabe and his unsettled wife Grace are refusing to remove their property, including furniture and other valuables, from State House - meaning that his successor Emmers...

By Staff reporter | Published: 05 April 2018

FINANCIAL SERVICES

Agribank NPLs decline

NON performing loans (NPLs) at agricultural lender, Agribank, declined to 13,8 percent during the year ended December 31, 2017, after ending at 21,1 percent during the prior comparable period in 2016,...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

'99-year lease no guarantee for funding'

FBC Holdings chief executive John Mushayavanhu says banks' acceptance of 99-year leases as collateral does not serve as a guarantee of funding to the holders.Mushayavanhu pointed out that 99-year leas...

By Staff reporter | Published: 04 April 2018

POLITICS

Mnangagwa calls for strategic partnership with Communist Party

ZANU-PF President and First Secretary Emmerson Mnangagwa has said his party and the Communist Party of China should escalate their relations the same way they have done at Government to Government lev...

By Staff reporter | Published: 04 April 2018

ZSE TODAY

Market Commentary 4 April 2018

The Zimbabwe Stock Exchange market capitalisation closed at $8.30 billion in a trading session which saw 47 trades coming through. Turnover resultantly surged to close at $15.27 million. Foreign buys ...

By zse | Published: 04 April 2018

BUSINESS NEWS

Mnangagwa pledges to bring Xi Jinping's ideas to Zim

Zimbabwean President Emmerson Mnangagwa traveled to Beijing this week for a meeting with Chinese President Xi Jinping. Mnangagwa thanked Xi for his support, promised to strengthen Zimbabwe's ties with...

By Staff reporter | Published: 04 April 2018

OPINION

What's next for Zimbabwe's economy?

"Bob is gone." At the end of November 2017, under intense pressure, Robert Mugabe stepped down as president of Zimbabwe - a position the controversial leader had held for 30 years. Global response to ...

By Dustin Homer | Published: 04 April 2018

MINING & RETAIL

Zimbabwe mine doubles diamond production

The country's diamond production is on a rebound after government-owned Zimbabwe Consolidated Diamond Corporation (ZCDC) produced 751,000 carats of the precious gems in the first quarter of this year ...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

Prophet Magaya escapes jail

Prophetic Healing and Deliverance (PHD) Ministries leader Walter Magaya has escaped a bid by Prosecutor-General Ray Goba to have him incarcerated after pleading not guilty to rape, unlawful terminatio...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

White farmer savages Mnangagwa over lost farm

Figtree farmer, David Connolly who lost his farm to President Emmerson Mnangagwa's top aide Ray Ndhlukula, has made an amazing rant against the Zanu-PF strongman by accusing him of not being sincere i...

By Staff reporter | Published: 04 April 2018

POLITICS

Tsvangirai's secret wife exposed

The late MDC-T leader, Mr Morgan Tsvangirai, secretly paid lobola for a Bulawayo woman, Nobuhle Marylin Ndiweni (36), last year while he was officially married to Ms Elizabeth Macheka, it has emerged....

By Staff reporter | Published: 04 April 2018

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