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TELECOMS & TECHNOLOGY

Powertel now in Kariba

POWERTEL, a wholly-owned technological wing of Zesa Holdings, has launched its services in Kariba as part of its 100-day rapid results initiative target.The company's marketing manager Prosper Mutswir...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

Chinese firms seek clearance on externalisation

Chinese nationals, retail and mining companies accused of being part to the externalisation of more than $1,3 billion have approached the Reserve Bank of Zimbabwe to be cleared citing a number of irre...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

WMMI to lose property over $4 million loan

THE High Court has granted an order enabling FBC Bank to attach Willowvale Mazda Motor Industries (WMMI)'s 161 881 hectares of land in Harare to recover a $4 million debt owed by the vehicle assembly ...

By Staff reporter | Published: 28 March 2018

BUSINESS NEWS

Tax rise boosts Zim growth

ZIMBABWE is among the few countries in Africa that are experiencing a rise in individual income and corporate tax revenues, which indicates signs of growth as more pay taxes although remaining vulnera...

By Staff reporter | Published: 28 March 2018

MINING & RETAIL

Golden Quarries Mine resumes operations

SHURUGWI-based Golden Quarries Gold Mine, a subsidiary of Falcon Gold, has resumed operations after having its water and electricity reconnected following Government intervention.The mine stopped oper...

By Staff reporter | Published: 28 March 2018

LANDS & AGRICULTURE

Matsaira calls it a day at TSL

TSL group chief executive officer Washington Matsaira, is leaving the agro-focused conglomerate after six years of steering the ship. The announcement was made yesterday by board chairperson Antony Ma...

By Staff reporter | Published: 28 March 2018

POLITICS

Mnangagwa shuts the door on Zim diaspora

PRESIDENT Emmerson Mnangagwa has shut the door on Zimbabweans based in the Diaspora, saying they will not be able to vote in this year's elections because government does not have resources to set up ...

By Staff reporter | Published: 28 March 2018

ZSE TODAY

Market Commentary 27 March 2018

Today's trading session saw market capitalisation closing at $8.28 billion. Foreign sales at $3.41 million dominated buys which closed at $3.26 million. Turnover stood at $4.26 million. The All Share...

By zse | Published: 27 March 2018

BUSINESS NEWS

Zim eyes electronic company registration by July

Zimbabwe will soon introduce an electronic registry for the establishment of domestic and foreign companies in line with the provisions of the proposed new companies act.     ...

By Staff reporter | Published: 27 March 2018

POLITICS

Mugabe, allies send desperate distress calls

Allies of former president Robert Mugabe have sent desperate distress calls to both sitting and former heads of state on the continent, on fears that the government may arrest the nonagenarian and hi...

By Staff reporter | Published: 27 March 2018

BUSINESS NEWS

Zim on a charm offensive to win back mining

Zimbabwe will finalise amendments to its mines act that have been in abeyance for 17 years in the coming few months as part of the government’s drive to create regulatory certainty and attract minin...

By Staff reporter | Published: 27 March 2018

OPINION

What's in Mnangagwa's scarf?

When President Emmerson Mnangagwa visited Davos, Switzerland where he reiterated the ‘‘Zimbabwe is open for business'' message, there was one thing that he also introduced; his  multi-coloure...

By Bridget Mananavire | Published: 27 March 2018

TRANSPORT & TOURISM

CAAZ board incompetent

Parliament's Transport and Infrastructural Development portfolio committee has slammed the Civil Aviation Authority of Zimbabwe (Caaz) board, saying it comprises people without aviation knowledge and ...

By Staff reporter | Published: 27 March 2018

POLITICS

'Mnangagwa protecting looters'

Zimbabwe's main opposition leader has accused President Emmerson Mnangagwa of having "uneasy links" with several companies that have externalised funds, says a report.During his campaign rally over th...

By Staff reporter | Published: 27 March 2018

TRANSPORT & TOURISM

Air Zimbabwe nears collapse

So bad has the financial and operational rot ravaging Air Zimbabwe become, that the flag carrier can now barely manage to ferry its domestic and international passengers - who are increasingly endurin...

By Staff reporter | Published: 27 March 2018

FINANCIAL SERVICES

Old Mutual records $219m profit

Integrated financial services group, Old Mutual Zimbabwe Limited (OM) said its profit after tax went up 139 percent to $219 million in the full year to December 31, 2017 from $91,8 million due to impr...

By Staff reporter | Published: 27 March 2018

POLITICS

Chamisa to make key appointments

MDC-T leader Nelson Chamisa is set to make key appointments of two deputy presidents, national chairperson, organising secretary and party spokesperson in an effort to stabilise and prepare the main o...

By Staff reporter | Published: 27 March 2018

POLITICS

Jonathan Moyo sends SOS for Mugabe

FORMER Higher Education Minister Jonathan Moyo has sent out a public appeal to African leaders including Thabo Mbeki to save ousted President Robert Mugabe from harassment by authorities in Harare.Moy...

By Staff reporter | Published: 27 March 2018

POLITICS

Khupe, allies give up on MDC-T offices

EXPELLED MDC-T deputy president, Thokozani Khupe (pictured) and her allies have given up the fight for the party's Bulawayo provincial offices and property, albeit temporarily, to focus on the upcomin...

By Staff reporter | Published: 27 March 2018

POLITICS

Tsvangirai's daughter rallies behind Chamisa

THE late MDC-T founding leader Morgan Tsvangirai's daughter, Vimbai, on Sunday threw her weight behind party leader Nelson Chamisa during an MDC Alliance campaign rally at Nzvimbo business centre in C...

By Staff reporter | Published: 27 March 2018

POLITICS

Tsvangirai's $500,000 gratuity divides MDC-T

FRESH disagreements have rocked the opposition MDC-T over a proposal to pay a gratuity to the family of the party's founding leader, Morgan Tsvangirai, NewsDay can reveal.Highly-placed sources in the ...

By Staff reporter | Published: 27 March 2018

POLITICS

Nkosana Moyo intensifies campaigns

THE Nkosana Moyo-led opposition Alliance for People's Agenda (APA) has intensified its door-to-door campaigns in Manicaland province ahead of this year's general elections.The party's provincial youth...

By Staff reporter | Published: 27 March 2018

BUSINESS NEWS

Egodini contractor mulls equity scheme for Bulawayo

SOUTH African civil engineering firm, Terracotta, will be launching a broad-based retail equity scheme, which allows Bulawayo residents to acquire a maximum of 30% shareholding in the Egodini project....

By Staff reporter | Published: 27 March 2018

POLITICS

France wants EU to lift Zim sanctions

President Mnangagwa is determined to transform the lives of Zimbabweans and the reforms he is implementing will see France advocating the complete removal of economic sanctions on Zimbabwe, a French o...

By Staff reporter | Published: 27 March 2018

CONSTRUCTION & PROPERTY

Zimre signs Pick n Pay as anchor tenant

Diversified financial services group, Zimre Holdings Limited, has entered into a deal with TM/Pick n Pay that will see one of the country's leading retailers becoming an anchor tenant in the insurance...

By Staff reporter | Published: 27 March 2018

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