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POLITICS

Khuphe boycotts key MDC-T meeting

MDC-T secretary general Douglas Mwonzora on Wednesday came close to admitting the opposition's leadership row was nearing tipping point after Vice President Thokozani Khuphe again boycotted a party na...

By Staff reporter | Published: 25 January 2018

MINING & RETAIL

Mnangagwa bets on mineral-led recovery

ZIMBABWE'S new government talks up the country's mineral wealth in its push for investment, as it seeks to snap a run of sluggish economic growth, an official document shows.The country's tilt towards...

By Staff reporter | Published: 25 January 2018

MINING & RETAIL

Fidelity threatens to deregister gold buyers

FIDELITY Printers and Refiners (FPR) has threatened to withdraw licences for agents it accuses of defying a directive to use receipt books issued by the State-controlled company when buying gold from ...

By Staff reporter | Published: 25 January 2018

BUSINESS NEWS

Zimbabwe experts divided over strong Rand

A RESURGENT South African rand has divided opinion among the country's financial analysts, a survey released by the Investments Professionals Association of Zimbabwe (IPAZ) last week showed.It said 45...

By Staff reporter | Published: 25 January 2018

LANDS & AGRICULTURE

Zimbabwe trebles banana production

Zimbabwe's banana production increased 186 percent over two years to 45 775 tonnes in 2017, from 16 000 tonnes in 2015, industry data shows.According to a Confederation of Zimbabwe Industries (CZI) re...

By Staff reporter | Published: 25 January 2018

BUSINESS NEWS

Commercial Court to open this year

THE Judicial Services Commission is finalising administrative mechanisms to ensure that the long-awaited Commercial Court (ComCourt) becomes operational this year, Chief Justice Luke Malaba has said."...

By Staff reporter | Published: 25 January 2018

TELECOMS & TECHNOLOGY

Zimbabwe to introduce mobile number portability

MOBILE phone users in Zimbabwe could enjoy mobile number portability (MNP) by end of this year, enabling them to switch  service providers while keeping their original mobile numbers.The Postal a...

By Staff reporter | Published: 25 January 2018

ZIMBABWE

ZSE tops African markets

IN 2017, the Zimbabwe Stock Exchange (ZSE) enjoyed a counter-intuitive bullrun driven by a monetary crisis in the southern African country which saw the bourse's  benchmark industrial index gaini...

By Staff reporter | Published: 25 January 2018

BUSINESS NEWS

Zimbabwe fails to make WEF list

ZIMBABWE has failed to make the inaugural top 100 list of the World Economic Forum (WEF)'s Readiness for the Future of Production Report, which profiles countries considered to be ready to benefit fro...

By Staff reporter | Published: 25 January 2018

BUSINESS NEWS

Mnangagwa wants Trump golf courses

Despite Donald Trump reportedly dismissing African nations as "shitholes", Zimbabwe's new president said on Wednesday he would welcome the US president to build a golf course in his country."If Presid...

By AFP | Published: 25 January 2018

POLITICS

Mugabe family 'left in peace'

Zimbabwe's long-time leader Robert Mugabe will be "left in peace" with a "lucrative" retirement package, his successor Emmerson Mnangagwa has said.However, Mr Mnangagwa also told the BBC's Mishal Husa...

By Staff reporter | Published: 25 January 2018

POLITICS

Chiwenga causes storm in Parliament

VICE-President Constantino Chiwenga yesterday caused a storm in the National Assembly when he appeared to rubbish Members of Parliament's questions during his maiden appearance for the question-and-an...

By Staff reporter | Published: 25 January 2018

POLITICS

Rebellion erupts in MDC-T

OPEN rebellion has erupted in the MDC-T, where party spokesperson Obert Gutu has rubbished the MDC Alliance and vowed to contest for the Harare East seat in defiance of his leader, Morgan Tsvangirai's...

By Staff reporter | Published: 25 January 2018

POLITICS

Mnangagwa, VPs must declare assets first

President Emmerson Mnangagwa's decree that Cabinet ministers and senior central and local government officials must declare their assets by end of February has been hailed as noble, but analysts say m...

By Staff reporter | Published: 25 January 2018

POLITICS

Chamisa, Chiwenga clash in Parliament

Vice President Constantino Chiwenga yesterday  clashed with his opposite number in the opposition MDC - Nelson Chamisa in the National Assembly after the Defence minister appeared to give an arro...

By Staff reporter | Published: 25 January 2018

POLITICS

Zim warned of dangerous 2-week heatwave

Zimbabweans have been warned to stay out of the sun amid warnings over scorching temperatures.Alerts have been issued over "extreme heat" in parts of the country as the mercury is predicted to soar ab...

By Staff reporter | Published: 25 January 2018

POLITICS

Obert Mpofu faces Zacc probe

Home Affairs minister Obert Mpofu - who has previously served in the Mines and Mining Development portfolio - could soon be on the radar of the Zimbabwe Anti-Corruption Commission (Zacc) following Cor...

By Staff reporter | Published: 25 January 2018

BUSINESS NEWS

Ex-Zim farmers demand $9 billion compensation

DISPOSSESSED white farmers have tabled a US$9 billion compensation claim before President Emmerson Mnangagwa, for assets expropriated during the chaotic land redistribution programme as they seek redr...

By Staff reporter | Published: 25 January 2018

BUSINESS NEWS

Price stability by March: CZI

THE Confederation of Zimbabwe Industries (CZI) expects prices of basic household commodities to stabilise by March with anticipated foreign currency inflows from tobacco sales.Zimbabwe, which imports ...

By Staff reporter | Published: 25 January 2018

MINING & RETAIL

Wagon shortage hampers chrome exports

The Zimbabwe Mining and Smelting Company (ZIMASCO) is failing to export optimum volumes of carbon ferrochrome through Mozambique due to a shortage of rail wagons from the NRZ. Clara Sadomba, the commu...

By Staff reporter | Published: 25 January 2018

BUSINESS NEWS

Reserves to back Zimbabwe's new currency

President Emmerson Mnangagwa said his government is considering building reserves of gold and diamonds to back the eventual relaunch of the country's own currency. The nation abandoned the Zimbabwe do...

By Staff reporter | Published: 25 January 2018

BUSINESS NEWS

Zim risks missing gold targets

Zimbabwe risks falling short of its 26 tonnes gold production target this year due to liquidity challenges that have seen small- scale miners selling the precious mineral across the country's borders....

By Staff reporter | Published: 25 January 2018

INDUSTRIALS & ENERGY

Command agric affects Delta contract scheme

DELTA Beverages says the uptake of its beverages sorghum contract farming scheme (BSCFS) will decline in 2018, as some of its farmers were now attracted to the government's Command Agriculture scheme....

By Staff reporter | Published: 25 January 2018

TELECOMS & TECHNOLOGY

NetOne sells over 2 000 WiFi gadgets

NETONE has sold more than 2 000 gadgets of the company's One-Fi gadget generating over $400 000 in the process, as demand for the one stop shop for communication services product grows.The country's s...

By Staff reporter | Published: 25 January 2018

BUSINESS NEWS

Fuel prices yet to fall in Bulawayo

FUEL dealers in Bulawayo are yet to comply with the Government's directive to reduce the prices of fuel.On Tuesday, the Government ordered fuel dealers to reduce the price of the precious commodity wi...

By Staff reporter | Published: 25 January 2018

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