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BUSINESS NEWS

Zim launches trade facilitation road-map

Government on Thursday launched a five- year Trade Facilitation Roadmap which seeks to simplify, harmonise and modernise export and import processes, among other things.The road-map, which will be imp...

By Staff reporter | Published: 02 April 2018

INDUSTRIALS & ENERGY

Cottco seeks monopoly

The Cotton Company of Zimbabwe has called on Government to reinstate its monopoly on cotton marketing in order to ensure its viability and combat side marketing of the produce. In an interview recentl...

By Staff reporter | Published: 02 April 2018

LANDS & AGRICULTURE

Mberengwa to get citrus plantation

GOVERNMENT is in the process of establishing a citrus plantation at Manyuchi Dam in Mberengwa as one of the anchor projects aimed at producing export quality horticultural products, a senior Governmen...

By Staff reporter | Published: 02 April 2018

FINANCIAL SERVICES

Carry your cross, banks tell 'looters'

BANKERS' Association of Zimbabwe (BAZ) president Charity Jinya absolved banks of any wrongdoing for putting individuals or companies on the externalisers' list, as the concerned parties had ample time...

By Staff reporter | Published: 02 April 2018

BUSINESS NEWS

MSU owes lecturers over $700,000

Lecturers at the Midlands State University have threatened to down tools in a fortnight until they are paid outstanding allowances amounting to over $700 000. The Midlands State University Lecturers' ...

By Staff reporter | Published: 02 April 2018

INDUSTRIALS & ENERGY

Zimbabwe imports soil from South Africa

ZIMBABWE is splashing millions of dollars importing soil for making bricks, a situation which further puts pressure on the country's dwindling foreign currency reserves, Confederation of Zimbabwe Indu...

By Staff reporter | Published: 02 April 2018

FINANCIAL SERVICES

Banks admit bungling

Banks have admitted to bungling by delaying to acquit CD1 forms on behalf of their clients to the Reserve Bank of Zimbabwe, a situation that has seen some companies being implicated of externalising f...

By Staff reporter | Published: 02 April 2018

POLITICS

Mnangagwa leaves for China

President Emmerson Mnangagwa has left Harare this evening for a state visit to China, his first to the Asian nation since becoming president in November last year.The President is expected to hold bil...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

Zimbabwe teachers' unions form federation

TEACHERS' unions in the country have come together to form the Federation of Zimbabwe Educators' Unions (Fozeu) as they up the ante in their push for improved working conditions for teachers.The feder...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

Zupco recapitalisation Govt engages private partners

THE Government is pursuing different funding options, including partnering private investors, to recapitalise the Zimbabwe United Passenger Company (Zupco), under a Public Private Partnership (PPP) mo...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

ZIA upbeat about re-engagement drive

Effective international communication will spur investment into the country and help drive economic turnaround, Zimbabwe Investment Authority CEO Mr Richard Mubaiwa has said.On CapitalkFM last week, M...

By Staff reporter | Published: 01 April 2018

POLITICS

Chihuri in $240 000 maintenance row

FORMER Zimbabwe Republic Police Commissioner-General Augustine Chihuri is embroiled in a child maintenance row that has seen him accused of falling into arrears amounting to US$240 000.Dr Chihuri is s...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

Firm smuggles $25m cash across border

PRESIDENT Emmerson Mnangagwa's amnesty for illegal externalisation of money has shored up Zimbabwe's foreign currency reserves - and has also exposed the impunity with which companies and individuals ...

By Staff reporter | Published: 01 April 2018

TRANSPORT & TOURISM

Easter spikes hotel occupancy

THE call by the Government to create an investor friendly environment has had a huge impact on the tourism sector which is recording a high number of foreign visitors to the country.The Hospitality As...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

Zimbabwe is rising, says Benny Hinn

ZIMBABWE'S economy will grow in a manner that will shock the world, renowned televangelist Pastor Benny Hinn has said.At a recent prayer meeting in the United States which was attended by local clergy...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

NSSA: Sackings, shenanigans and sex

Barely a week after dismissing board chair Mr Robin Vela, the National Social Security Authority has sacked four senior executives.General manager Ms Elizabeth Chitiga and Messrs Emerson Mungwariri (d...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

Mnangagwa govt talks tough on Command Agric

GOVERNMENT has called on all farmers under Command Agriculture to repay their obligations to ensure the continuity of the programme and increase productivity on farms.This comes at a time when the Gov...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

Mnangagwa govt talks tough on Command Agric

GOVERNMENT has called on all farmers under Command Agriculture to repay their obligations to ensure the continuity of the programme and increase productivity on farms.This comes at a time when the Gov...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

Major rail firm comes to Zimbabwe

CHINESE companies have heightened their interest in local investments following President Mnangagwa's inauguration in late 2017, with a major construction firm last week dispatching a delegation to Zi...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

New dawn for China-Zimbabwe ties

President Emmerson Mnangagwa leaves for China today amid expectations that his visit will unlock opportunities to boost Zimbabwe's economic recovery.He will meet his counterpart President Xi Jinping, ...

By Staff reporter | Published: 01 April 2018

OPINION

MDC-T does succession the Zanu PF way

Morgan Tsvangirai inspired many in the fight for democracy in Zimbabwe. Sadly, the most immediate legacy of the late Movement for Democratic Change-Tsvangirai (MDC-T) leader is a predictable and unsee...

By Derek Matyszask | Published: 01 April 2018

BUSINESS NEWS

Prices of basics remain high

PRICES of basic commodities have remained high in Zimbabwe as businesses continue defying a recent directive by President Emmerson Mnangagwa to stop unnecessary price increases, a survey conducted by ...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

Mnangagwa heads to China

PRESIDENT Emmerson Mnangagwa will fly out to China today for a five-day state visit where he will address potential investors.Mnangagwa, who took over from former president Robert Mugabe in November l...

By Staff reporter | Published: 01 April 2018

TRANSPORT & TOURISM

Zimbabwe eyes $7bn tourism export earnings

Zimbabwe seeks a seven-fold growth in tourism export earnings - as much as $7 billion by 2030 - to be achieved through effective marketing, product development and facilitation and access, a strategy ...

By Staff reporter | Published: 01 April 2018

BUSINESS NEWS

Harare toilet turned into restaurant

Harare City Council has sold one of its public toilets in the high-density suburb of Highfield to a private operator who has converted it into a restaurant.The development has left small to medium-siz...

By Staff reporter | Published: 01 April 2018

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