Latest News

TRANSPORT & TOURISM

ZITF hotel project takes shape

THE Zimbabwe International Trade Fair (ZITF) Company says it is finalising tenders for the construction of its hotel and conference centre.The project, which is valued at $11 million, is expected to p...

By Staff reporter | Published: 18 hours ago

OPINION

Digital tax headache for small economies

Taxation of digital services like Facebook, e-Commerce, cloud services, video streaming, Twitter and Google advertising is a complex global problem.Countries like Zimbabwe, which are beneficiaries but...

By Dr Dennis Magaya | Published: 18 hours ago

TRANSPORT & TOURISM

Turkish Airlines set to fly into Zimbabwe

Turkish Airlines is expected to expand its flight route into Zimbabwe by the second quarter of next year following profound deliberations held by authorities from the two countries at the ongoing Turk...

By Staff reporter | Published: 07 December 2018

POLITICS

'Mnangagwa must engage Chamisa'

ECONOMIC experts yesterday called for a multi-stakeholder dialogue involving business, political parties, and citizens to resolve the country's worsening economic and political crises.Speaking at an A...

By Staff reporter | Published: 07 December 2018

POLITICS

Mphoko son's bail revoked

A BULAWAYO magistrate yesterday revoked bail conditions of former Vice-President Phelekezela Mphoko's son, Siqokoqela and sent him to remand prison, pending trial over fraud charges.Siqokoqela faces u...

By Staff reporter | Published: 07 December 2018

OPINION

Daylight robbery of pricing at 4:1, but giving change at 1:1

As economic recovery measures are implemented, let's discuss this wrong mentality - yes, wrong - that nothing works until everything works because in real life there are no quick and easy fixes.For on...

By Conway Tutani | Published: 07 December 2018

OPINION

Changing presidential age limit no stroll in the park

Of all the problems facing the country, the Zimbabwe War Veterans' Association felt the most pressing concern is the age limit of presidential candidacy in the Constitution, which they feel needs to b...

By Paul Kaseke | Published: 07 December 2018

BUSINESS NEWS

Zera mulls pricing fuel in forex

The Zimbabwe Energy Regulatory Authority (Zera) has made submissions to Government to allow some selected service stations countrywide to sell fuel to motorists in foreign currency.This comes as the c...

By Business Weekly | Published: 07 December 2018

LANDS & AGRICULTURE

US dollar for tobacco, cotton farmers

Tobacco and cotton growers will be paid 20 percent of their produce in foreign currency in the next marketing season while the Government will retain the remainder to help meet imports of essential co...

By Business Weekly | Published: 07 December 2018

POLITICS

'Zimbabwe reforms may cause suffering'

BUSINESS has urged government to take a cautious approach to the reform process, warning that a big-bang approach may result in unintended consequences and plunge the country into further crises.Comin...

By Staff reporter | Published: 07 December 2018

POLITICS

US demands release of commission of inquiry findings

THE United States embassy has urged President Emmerson Mnangagwa to publish findings of the commission of inquiry into the August 1 killings for the sake of transparency, the Zimbabwe Independent can ...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

Mthuli Ncube tells banks to relax lending policies

FINANCE Minister Mthuli Ncube has urged banks to relax their stringent lending requirements in order to improve access to financial services.Ncube was speaking at the Zimbabwe Independent's Banks and ...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

Forex woes hit Innscor

INNSCOR Africa Ltd says it is now leveraging on its domesticated fast-moving consumer goods lines to cushion itself from high foreign currency requirements.The diversified group, which requires betwee...

By Staff reporter | Published: 07 December 2018

POLITICS

Mliswa, Wadyajena in fierce war of words

A BLAZING war of words has erupted between outspoken legislators Justice Mayor Wadyajena and Temba Mliswa over control of the influential Parliamentary Portfolio Committee on Lands and Agriculture.Mli...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

$130m CSC deal backfires

THE decision by government to go it alone in negotiating a US$130 million Cold Storage Company (CSC) deal with a foreign firm without involving the meat processor's board in scrutinising the package h...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

URL listing to depend on economy outlook, says Moyo

A PLANNED initial public offering of United Refineries Ltd (URL) will depend on the economic climate, CE Busisa Moyo says.URL this year moved to strengthen its balance sheet by inviting pension funds ...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

Cambria Africa expects savings of US$400 000

CAMBRIA Africa Plc expects savings of about US$400 000 in the current financial year in company compensation thanks to a recently completed re-organisation of the group, a company official said.Cambri...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

'Zimbabwe lagging behind on cybercrime security'

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) management met over the weekend with the parliamentary committee on information communication technology in Kadoma to highli...

By Staff reporter | Published: 07 December 2018

INDUSTRIALS & ENERGY

TSL wards off $21,4m executive share issue

TSL Ltd moved to avert a potentially explosive showdown at an extraordinary general meeting (EGM), which was scheduled for this week, to consider a proposal that would have seen the issuance of new sh...

By Staff reporter | Published: 07 December 2018

POLITICS

'Mnangagwa must release August 1 killings inquiry report'

RECENT disclosures by presidential spokesperson George Charamba that the report by the commission of inquiry into the August 1 shootings by the millitary is for President Emmerson Mnangagwa's eyes "on...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

China leads Zimbabwe cities revamp

THE future has arrived, and it looks nothing like what anyone expected. In the midst of a debilitating economic crisis, Zimbabwean urban centres are plagued by pollution, poverty and crumbling infrast...

By Staff reporter | Published: 07 December 2018

POLITICS

Germany keen on re-engaging Zimbabwe

GERMANY has taken the initiative to renew bilateral ties with Zimbabwe after it dispatched a high-powered delegation to Harare in the past week to open discussions aimed at opening a new chapter on tr...

By Staff reporter | Published: 07 December 2018

FINANCIAL SERVICES

GetBucks cautious on mortgage loans

GetBucks Microfinance Bank CE Terrence Mudangwe says the financial institution is treading cautiously in the issuance of mortgage loans, given the nature of its assets on the market, but is leveraging...

By Staff reporter | Published: 07 December 2018

OPINION

What are the realistic chances for political dialogue in Zimbabwe?

All political transitions (without exception) whether occasioned by revolution, externally driven or resulting from an election, are perfected through dialogue between the contending forces in society...

By Brian T Kagoro | Published: 07 December 2018

MINING & RETAIL

Bindura smelter project put on hold

PAYMENT for a bond which was floated a few years ago for the restart of a smelter by Bindura Nickel Corporation (BNC) is weighing down on the company's capital requirements after it spent US$5 million...

By Staff reporter | Published: 07 December 2018
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