BUSINESS NEWS

Govt scuttles $68m Bulawayo investment

GOVERNMENT'S red tape has cost the City of Bulawayo (BCC) an investment worth US$68 million after policy changes scuttled the implementation of a fuel-from-waste project by a United Kingdom-based comp...

By Staff reporter | Published: 01 June 2018

POLITICS

Mnangagwa's anti-corruption unit illegal

President Emmerson Mnangagwa's decision to create a Special Anti-Corruption Unit in his office has sparked controversy, with legal experts questioning the constitutionality and legality of appointing ...

By Staff reporter | Published: 01 June 2018

POLITICS

Chamisa belts Hwende, Mukoyi

MDC-T leader Nelson Chamisa has threatened to banish Charlton Hwende and Shakespeare Mukoyi from the party because of their "wayward" conduct during the movement's on-going primary elections.Hwende, a...

By Staff reporter | Published: 01 June 2018

POLITICS

Zimbabwe soldiers to stay in Equatorial Guinea

ZIMBABWE will maintain its soldiers deployed in Equatorial Guinea to provide security to the country's leader Teodoro Obiang Nguema Mbasogo as well as train the West African nation's military, it has ...

By Staff reporter | Published: 01 June 2018

BUSINESS NEWS

Zimbabwe takes FDI drive to Canada

A Zimbabwe delegation comprising government and private sector officials descends on Canada next week to lure Foreign Direct Investment into its lucrative mining sector from one of the world's most at...

By Staff reporter | Published: 01 June 2018

BUSINESS NEWS

Axe looms over Zimra boss

Zimbabwe Revenue Authority (Zimra) board chairperson William Bonyongwe's stay at the tax collector could be coming to an end amid indications government is unlikely to renew her contract when it expir...

By Staff reporter | Published: 01 June 2018

OPINION

Reform the Reserve Bank of Zimbabwe first

Contemporary economics places Central Banks at the heart of key economic variables. Central banks have far-reaching impacts and responsibilities in driving economic development and political stability...

By Rodney Ndamba | Published: 01 June 2018

BUSINESS NEWS

Fuel imports consume $474m in four months

RBZ allocated about $474 million towards the importation of fuel in the first four months of the year, which is way above the $383, 1 million disbursed by the apex bank during the comparative period l...

By Staff reporter | Published: 01 June 2018

POLITICS

Mnangagwa rescuer confident about Zim's recovery

Big Time Strategic Group CEO and founder Justice Maphosa is confident about Zimbabwe's economic recovery. The man who is credited of giving a helping hand to Zimbabwean President Emmerson Mnangagwa wh...

By CNBC Africa | Published: 31 May 2018

BUSINESS NEWS

Mandiwanza acquitted of assault

BUSINESS executive, Anthony Mandiwanza, has been acquitted of assaulting his worker using the butt of a gun.Mandiwanza, of Glen Lorne was yesterday set free by Harare magistrate Eric Kadye after a ful...

By Staff reporter | Published: 31 May 2018

POLITICS

'MDC-T will never rule Zimbabwe'

Outspoken deputy finance minister, Terrence Mukupe, has once again told the country's opposition parties that they would never rule, adding that he is not apologetic over his recent army remarks.Mukup...

By Staff reporter | Published: 31 May 2018

POLITICS

MDC-T uncover serious anomalies

Zimbabwe's main opposition party the Movement for Democratic Change (MDC) has criticised the provisional voters' roll even as President Emmerson Mnangagwa declared July 30 as the General Election date...

By AP | Published: 31 May 2018

BUSINESS NEWS

High govt wage bill to choke economy

ZIMBABWE'S faltering economy could suffer serious fresh shocks, with civil service salaries threatening to hit a staggering 120 percent of national budget and thus endangering critical social services...

By Staff reporter | Published: 31 May 2018

BUSINESS NEWS

Amnesty attracts few tax defaulters

ZIMBABWE'S tax amnesty programme, which was launched three months ago, has brought in a tiny fraction of millions of dollars government hoped to collect to boost government coffers, The Financial Gaze...

By Staff reporter | Published: 31 May 2018

OPINION

Chamisa should stick to written speeches

Zimbabwe hasn't had a brilliant political orator of Robert Mugabe's proportions, but even Bob, the titanic speaker of note, stuck to his written scripts and speeches and would only deviate to emphasiz...

By Hopewell Chin'ono | Published: 31 May 2018

BUSINESS NEWS

British govt investment team explores Zimbabwe opportunities

The British through their Foreign and Commonwealth Office are coming to town on an investment trip. Invest Africa, the leading private sector business platform supporting trade and investment across A...

By Ngoni Shenjere | Published: 31 May 2018

OPINION

Zimbabwe's mining sector illicit financial flows

Soon after his inauguration the President of Zimbabwe Emmerson Mnangagwa announced that he has a list of individuals and corporates that has been externalizing money and assets and granted them a thr...

By Davison Kaiyo | Published: 31 May 2018

POLITICS

'Mnangagwa has a highly technical rigging plan'

OPPOSITION reaction to Wednesday's announcement of the election date was mixed with some parties saying they were ready to send President Emmerson Mnangagwa packing while others demanded progress on e...

By Staff reporter | Published: 31 May 2018

POLITICS

MDC-T plots #ShutDownZimbabwe on June 5

THE opposition MDC-T party has called for a national demonstration on June 5 to force President Emmerson Mnangagwa's government to agree to reform demands.Party spokesperson Thabita Khumalo told NewZi...

By Staff reporter | Published: 31 May 2018

POLITICS

MDC Alliance itching for July 30

Zimbabwe will go for polls on July 30, in what is promising to be the toughest test for the ruling Zanu PF party, which has been in power for 38 years.Yesterday, President Emmerson Mnangagwa ended mon...

By Staff reporter | Published: 31 May 2018

POLITICS

Zanu-PF plot to oust Mnangagwa

President Emmerson Mnangagwa has uncovered a plot within his fractured Zanu-PF party to impeach him in the event that he wins the presidential race in July this year. He said he had been briefed by in...

By Staff reporter | Published: 31 May 2018

POLITICS

Sanctions haunt Dabengwa

ZAPU leader, Dumiso Dabengwa has revealed that targeted sanctions, which were imposed on him as one of the then Zanu-PF top officials and government ministers, before he pulled out to revive Zapu stil...

By Staff reporter | Published: 31 May 2018

BUSINESS NEWS

Liberalise forex market

CZI says government should introduce an importer financed export incentive scheme and liberalise the foreign currency market to improve the foreign currency situation in the country. CZI President Sif...

By Staff reporter | Published: 31 May 2018

BUSINESS NEWS

Zimbabwe mulls investment body

The Zimbabwe business sector recently agreed that the country should create an investment development board, in order to improve the country's ease of doing business and act as a one stop shop for all...

By Staff reporter | Published: 31 May 2018

POLITICS

Plot to impeach Mnangagwa exposed

PRESIDENT Emmerson Mnangagwa, who is Zanu-PF presidential candidate, yesterday claimed he had unearthed a plot by disgruntled party parliamentary candidates to impeach him soon after winning the gener...

By Staff reporter | Published: 31 May 2018

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