Latest News

TRANSPORT & TOURISM

ZTA intensifies drive to grow MICE tourism

THE Zimbabwe Tourism Authority, through its National Convention Bureau (NCB), has intensified its efforts to unlock more meetings and conferences for the destination by reinforcing its engagement of a...

By Staff reporter | Published: 29 March 2018

TELECOMS & TECHNOLOGY

Zimpapers going to war with DStv and Kwese

In January the Broadcasting Authority of Zimbabwe (BAZ) called for interested parties to submit licence applications for; Video On Demand Services (VoD), Webcasting Services and Content Distribution S...

By Staff reporter | Published: 29 March 2018

TELECOMS & TECHNOLOGY

Naspers turns down $1bn offer for MultiChoice

Naspers the parent company of Multichoice has rejected an offer made by Vivendi to purchase part of MultiChoice (excluding the South African operations.Naspers is reported to have received several bid...

By Staff reporter | Published: 28 March 2018

ZSE TODAY

Market Commentary 28 March 2018

The All Share index was marginally lower by 0.01 points (0.01%) to settle at 86.95 points. AXIA (AXIA.zw) was the only lame duck losing $0.0145 to settle at $0.2005. Heavyweights, ECONET (ECO.zw), LAF...

By zse | Published: 28 March 2018

BUSINESS NEWS

Robbin Vela fired from NSSA

Minister Kagonye has fired Robbin Vela as chairman of the NSSA board of directors with immediate effect.Vela was today handed a letter of dismissal by the Minister Of Labour And Social Welfare, Petron...

By Staff reporter | Published: 28 March 2018

Malawi becomes AFC's 18th Member State

The Republic of Malawi has become the second Southern African member country of Africa Finance Corporation, Africa's leading infrastructure development finance institution.The accession of Malawi to A...

By Agencies | Published: 28 March 2018

BUSINESS NEWS

Mnangagwa commissions Kariba Power Station

President Emmerson Mnangagwa has commissioned the Kariba South Hydro Power Station expansion project today.The $533 million energy expansion project will add two more units or generators with a capac...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

Zim's land expropriation was done wrongly

Mineral Resources Minister Gwede Mantashe says Zimbabwe rushed into land expropriation without compensation and this harmed the country's food security and economy, adding that government will not all...

By Staff reporter | Published: 28 March 2018

MINING & RETAIL

Bikita Minerals invests more in lithium

Bikita Minerals is currently assaying rock samples for high-grade lithium concentrate (spodumene) reserves, which, if confirmed, will help turn the mine into a big money spinner.The world's sole comme...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

Windfall for workers fired on 3 months' notice

Thousands of workers whose contracts were arbitrarily terminated on notice pursuant to the infamous Zuva Petroleum judgment of July 2016, will now be paid damages for loss of employment.Dismissing a c...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

Harare to re-advertise town clerk's post

HARARE City Council has resolved to re-advertise the town clerk's post, after its three shortlisted candidates were rejected by the Local Government Board (LGB) for various reasons.The resolution was ...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

$40m Beitbridge water treatment plant lies idle

BEITBRIDGE Town Council's $40 million water treatment plant, which was commissioned by former Vice-President Phelekezela Mphoko in August last year, is still not being utilised, Southern Eye can revea...

By Staff reporter | Published: 28 March 2018

FINANCIAL SERVICES

CBZ loan book grows to $941 million

THE country's leading financial institution, CBZ Bank, has grown its overall loan book to about $941 million as it continues to support different sectors of the economy, an official has said.Speaking ...

By Staff reporter | Published: 28 March 2018

POLITICS

Teachers storm Mnangagwa's offices

DOZENS of placard-wielding teachers and their union leaders yesterday stormed President Emmerson Mnangagwa's offices and handed over a petition demanding a salary increment, among various other demand...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

$15bn diamond inquiry opens can of worms

THE current investigation on the missing $15 billion diamond revenue by the Temba Mliswa- led Parliamentary Portfolio Committee on Mines and Energy has revealed serious corruption by top government bi...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

'Harare's 5,000km water pipes as good as dead'

LOCAL Government minister July Moyo has disclosed that more than 5 000km of Harare's water pipes were obsolete, causing the city to lose about 60% of its treated water through leakages.Moyo was respon...

By Staff reporter | Published: 28 March 2018

OPINION

Decoding block chain for municipalities

BY 2010 the City of Bulawayo had registered their domain name citybyo.co.zw but did not have a functional website or an email service associated with their domain.Knowing the City Fathers to be a pro-...

By Robert Ndlovu | Published: 28 March 2018

POLITICS

MDC Alliance faces collapse?

The MDC Alliance is becoming increasingly wobbly, as coalition partners are threatening to pull out, accusing their chairperson Mr Nelson Chamisa of being big-headed and imposing MDC-T candidates in 1...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

Pay rise for Tongaat Hulett workers

ABOUT 21 000 Tongaat Hulett Zimbabwe workers in Chiredzi will this week smile all the way to the bank after their employer finally approved a 7.5 percent and 15 percent pay rise back dated to April1,...

By Staff reporter | Published: 28 March 2018

POLITICS

Mliswa hails Mnangagwa

PRESIDENT Mnangagwa has delivered on his promise of free and fair elections as evidenced by the free manner opposition political parties like MDC Alliance have been holding incident-free rallies throu...

By Staff reporter | Published: 28 March 2018

POLITICS

New Zimbabwe Parliament construction begins

The construction of the new Parliament building in Mount Hampden will begin in two months' time, and Government will accordingly create a new local authority to superintend over the development of a m...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

TSL records positive start to new year

TSL records positive start to new year This year, tobacco is expected to hit around 200 million kilograms compared to 189 million kilograms last year which management at TSL say would work in their fa...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

'Harare ready for investment'

Government is continuously reviewing the ease doing business and has initiated reforms to enhance foreign direct investment (FDI), an official has said.Speaking to potential investors in Harare yester...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

Appetite for investment in Zim grows

Zimbabwean business leaders attending the 2018 Africa CEO Forum here say there is a lot of appetite for investment in the country and the planned harmonisation of laws affecting the ease of doing busi...

By Staff reporter | Published: 28 March 2018

POLITICS

'Mnangagwa seized with fighting corruption'

THE government is in talks over establishment of anti-corruption courts in an effort to speed up convictions amid revelations that there were over 300 newly reported corruption cases involving high pr...

By Staff reporter | Published: 28 March 2018

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