Latest News

BUSINESS NEWS

Govt mulls 5% electricity subsidy for farmers

GOVERNMENT is working on a legal instrument that guides parties to contract farming as part of measures to deal with inherent disputes that have been associated with the arrangement while at the same ...

By Staff reporter | Published: 23 September 2013

BUSINESS NEWS

China VAT hike to hit Zim consumers

China's decision to place a 6% VAT charge on freight and related costs is going to have an impact on the importing price from China.The new Chinese policy means that all freight charges paid in Chin...

By Staff reporter | Published: 23 September 2013

POLITICS

Mugabe urged to expand corruption probe

Local anti-corruption advocacy group Transparency International Zimbabwe (TI-Z) has hailed President Mugabe's recent "bold" statements against corruption in the diamond mining sector, adding that the ...

By Staff reporter | Published: 23 September 2013

CONSTRUCTION & PROPERTY

Chinese take over Zimbabwe construction industry

PLAYERS in the construction sector have called on the new government to put in place policies and laws that protect local contractors and help revive the sector.Local contractors are facing stiff comp...

By Staff reporter | Published: 23 September 2013

BUSINESS NEWS

UK buyers snub Zim travel, tourism fair

Buyers from the United Kingdom have skipped next month's travel and tourism fair, dampening the country's efforts to grow tourist arrivals from one of its major source markets. Zimbabwe Tourism Author...

By Staff reporter | Published: 23 September 2013

ZIMBABWE

Zimbabwe hopeful on IMF programme

Zimbabwe is hopeful it will fulfil the set targets on the International Monetary Fund supervised economic reform programme, Finance minister Patrick Chinamasa said last week. In June, the IMF agreed o...

By Staff reporter | Published: 23 September 2013

MINING & RETAIL

Unki Platinum mine under investigation

South African-based producer of platinum group metals Anglo American Platinum (Amplats) has launched an investigation into its wholly owned local subsidiary Unki Platinum Mine over a multi-million-do...

By Staff reporter | Published: 23 September 2013

BUSINESS NEWS

Electronic transfers grow to $3.5 billion

Zimbabwe's financial system saw a marginal growth of electronic transactions in the year to June 2013, on the back of increased uptake of plastic money and electronic transfers, according to figures ...

By Staff reporter | Published: 23 September 2013

LANDS & AGRICULTURE

New strategy needed for GMB, says Sipepa-Nkomo

Samuel Sipepa-Nkomo, shadow minister of Agriculture, Land and Water Development, has urged government to give priority to other potential areas of investment than continuously pumping money into the...

By Staff reporter | Published: 23 September 2013

INDUSTRIALS & ENERGY

TN on recruitment drive

Household furniture manufacturer and retail company TN Harlequin Luxaire Limited has embarked on a recruitment drive to enrol agents that distribute its products countrywide. TN Harlequin chief execut...

By Staff reporter | Published: 23 September 2013

MINING & RETAIL

Mining companies stock market participation still low

The participation of mining companies on the ZSE is still low accounting for less than 2% of the total market capitalisation 5 years after the country introduced multi-currencies. Statistics from ...

By Staff reporter | Published: 23 September 2013

BUSINESS NEWS

Govt produces economic blueprint

Government has produced a draft economic blueprint - the Zimbabwe Programme for Socio-Economic Transformation (ZIMPSET), which is expected to boost Zimbabwe's economic recovery and growth, deputy ch...

By Staff reporter | Published: 23 September 2013

POLITICS

Zimbabwe govt warns land invaders

The government says illegal land occupants in the capital risk prosecution if found guilty of failing to follow local government by-laws.The Minister of State for Harare Province, Miriam Chikukwa, sai...

By Staff reporter | Published: 20 September 2013

EDUCATION

More exhibitors expected at intellectual expo

At least 35 exhibitors are expected at the third edition of the country's premier Research and Intellectual Expo to be held from October 2 to 4 this year, up from 26 last year, an official said yester...

By Staff reporter | Published: 20 September 2013

BUSINESS NEWS

Old Mutual excels in global HR survey

Old Mutual Zimbabwe has for the second year in succession been certified as a top employer in Africa in a human resources survey conducted by a leading global institute.The Top Employer in Africa 2014...

By Staff reporter | Published: 20 September 2013

BUSINESS NEWS

Tourism to earn Zimbabwe $1,5 billion by 2015

Zimbabwe can expect to earn $1,5 billion in tourism receipts by 2015 following successful hosting the United Nations World Tourism Organisations conference in August this year, an official said on Thu...

By Staff reporter | Published: 20 September 2013

BUSINESS NEWS

Zimbabwe approaches AfDB for funding

GOVERNMENT has approached the African Development Bank with appeals for increased financial support and technical assistance on securitisation of natural resources and crafting of bankable agricultura...

By Staff reporter | Published: 20 September 2013

POLITICS

Chinamasa inspires little hope for Zimbabwe

Newly-appointed Finance Minister Patrick Chinamasa showed that his Zanu-PF government does not have any immediate solution to the economic ills Zimbabwe is currently facing.Chinamasa told a press bri...

By Staff reporter | Published: 20 September 2013

FINANCIAL SERVICES

Industry calls for joint credit bureau

Plagued by high non-performing loan and debtors books, banks and retailers are pushing for the creation of a credit bureau, businessdigest reported.This comes as it emerged banks and retailers are con...

By Staff reporter | Published: 20 September 2013

ZSE TODAY

Industrials stays in recovery mode at week's end

Zimbabwe Stock Exhange's Industrials stayed in recovery mode on Friday with the number of counters on the rebound Improving compared with the past 3 days.There were 13 counters to trade in the positiv...

By Staff reporter | Published: 20 September 2013

OPINION

Role of the Dollar as Global Reserve Currency

The US dollar as the world reserve currency simply means that most of the world's transactions across borders that are related to the trade of real goods (oil, food, cars, computers, etc.) and capital...

By Jack Crooks | Published: 20 September 2013

BUSINESS NEWS

Zimbabwe now qualified for debt relief, says WB

THE World Bank (WB) said this week Zimbabwe, which owes it about $1 billion in  debts, now qualified for debt relief but stressed that President Robert Mugabe's new administration would require a...

By Staff reporter | Published: 20 September 2013

BUSINESS NEWS

CZI manufacturing survey delayed

THE Confederation of Zimbabwe Industries (CZI) manufacturing survey, initially due for release this month, has been delayed and is now tentatively scheduled for next month.The CZI manufacturing survey...

By Staff reporter | Published: 20 September 2013

INDUSTRIALS & ENERGY

Pelhams to post a loss for the first half

Pelhams Chief Executive Middleton Chikowore told an AGM held yesterday that the group would post a loss for the first half as the season has been characterised by tightening liquidity and consequent s...

By Staff reporter | Published: 20 September 2013

MINING & RETAIL

Zimbabwe indigenisation haunts New Dawn

TORONTO-listed New Dawn Mining Corp says the economic and business climate in Zimbabwe continues to deteriorate and the risks to the company's assets and operations in Zimbabwe are increasing commensu...

By Tendai Bhamu | Published: 20 September 2013

Latest News

Latest Published Reports

Latest jobs