BUSINESS NEWS

Corrupt Govt officials blamed for economic woes

ZIMBABWE National Army (ZNA) Commander Lieutenant General Philip Valerio Sibanda has said corrupt Government officials are to blame for the socio-economic problems facing the country.Speaking at a pas...

By Staff reporter | Published: 02 December 2017

POLITICS

CMED has become a liability to Govt, say MPs

THE Central Mechanical and Equipment Department (CMED) has been fingered as one of the parastatals which have become a liability to Government by failing to discharge its mandate.The parastatal, which...

By Staff reporter | Published: 02 December 2017

POLITICS

Mnangagwa Cabinet disappoints

President Emmerson Mnangagwa's new Cabinet received an overwhelming thumbs down, with observers saying it was neither inspiring nor capable of changing the country's fortunes and instead he had chosen...

By Staff reporter | Published: 02 December 2017

POLITICS

Grace Mugabe 'complains over family, allies' treatment'

President Robert Mugabe's wife Grace has reportedly complained about how her family, businesses and allies were being treated since the fall of her ageing husband.According to The Zimbabwe Independent...

By Staff reporter | Published: 02 December 2017

POLITICS

Mnangagwa aware of 5 Ministers law

PRESIDENT Emmerson Mnangagwa is alive to the constitutional requirement for him to appoint up to five Cabinet Ministers from outside Parliament and will find legally valid space to accommodate officia...

By Staff reporter | Published: 02 December 2017

BUSINESS NEWS

Zimbabwe parastatals face privatisation

PRESIDENT Emmerson Mnangagwa will privatise most of the 114 loss-making parastatals which have bled the fiscus amid plans to ease pressure on the Treasury as well as introduce reforms that will result...

By Staff reporter | Published: 02 December 2017

OPINION

Mnangagwa must create a sovereign wealth fund

PRESIDENT Emmerson Mnangagwa, refreshingly, is giving economic matters an inordinate amount of attention.He is hitting the right notes with forward-looking pronouncements such a lean cabinet, promises...

By Brett Chulu | Published: 02 December 2017

POLITICS

Tsvangirai told to resign

Zimbabwe's main opposition, the Movement for Democratic Change (MDC) party youths have called on long-time leader Morgan Tsvangirai to step aside in order to allow new leaders to take the party forwar...

By Staff reporter | Published: 02 December 2017

BUSINESS NEWS

'Zim lacks shareholder activism'

African Export-Import Bank (Afreximbank) executive vice president, Denys Denya, says the collapse of many companies in Zimbabwe was partially caused by absence of active shareholders."The apathy of Zi...

By Staff reporter | Published: 02 December 2017

OPINION

After the downfall of Mugabe

IT was always going to be important to celebrate the downfall of former president Robert Mugabe, one of Africa's last standing dictators who ruled Zimbabwe with an iron fist for 37 years. His authorit...

By Dumisani Muleya | Published: 02 December 2017

BUSINESS NEWS

Zimra introduces e-TIP to accelerate clearing

THE Zimbabwe Revenue Authority (Zimra) has introduced an electronic Temporary Import Permit (E-TIP) to accelerate clearing of motorists arriving for the festive season with close to 100 officers set t...

By Staff reporter | Published: 01 December 2017

BUSINESS NEWS

Zimra not recruiting on social media

PUBLIC NOTICE:SETTING THE RECORD STRAIGHT: FALSE MESSAGES ON ZIMRA RECRUITMENT ON SOCIAL MEDIAIt has come to the attention of the Zimbabwe Revenue Authority (ZIMRA) that some false and misleading mess...

By Staff reporter | Published: 01 December 2017

POLITICS

Is this a CABINET or a REGIMENT?

Zimbabweans have been sharing their disappointment over news that a new cabinet appointed by President Emmerson Mnangagwa has not made a break with the past.Most people woke up to the news on Friday t...

By Staff reporter | Published: 01 December 2017

POLITICS

Mnangagwa's new cabinet 'disappoints'

Zimbabweans have been reacting on social media to the new cabinet announced by President Emmerson Mnangagwa.Some have criticised the new list which includes two army generals who played a major role i...

By Staff reporter | Published: 01 December 2017

BUSINESS NEWS

Indigenisation ministry scrapped

President Emmerson Mnagangwa has delivered to some extent on a lean cabinet, reducing it from 26 to 22 and whittling away deputy ministers to six.But its the composition has drawn some criticism for i...

By Staff reporter | Published: 01 December 2017

OPINION

Delivery should be Mnangagwa's motto

The wild celebrations that gripped the streets of Harare and other cities and towns across the length and breadth of Zimbabwe are an expression of hope and optimism that the new administration will ch...

By Muchesa Chatsama, Consultant | Published: 01 December 2017

BUSINESS NEWS

AG's legal team produces Labour Act second draft

THE Attorney General's office has produced a second draft of the amended Labour Act which was discussed by the three parties to the Tripartite Negotiating Forum late last month, businessdigest has lea...

By Staff reporter | Published: 01 December 2017

BUSINESS NEWS

National budget: Analysts expect expenditure cut

THE 2018 national budget, which will be the first major policy pronouncement under the administration of President Emmerson Mnangagwa, should cut on expenditure, while stemming huge losses incurred by...

By Staff reporter | Published: 01 December 2017

POLITICS

Mnangagwa names top military officers in new cabinet

Zimbabwe's new president named his first cabinet on Thursday, appointing two senior military officers to key portfolios and dropping close allies of Robert Mugabe who resigned after the armed forces t...

By AFP | Published: 01 December 2017

BUSINESS NEWS

Meat processing capacity utilization shrinks to 30%

CAPACITY utilisation in the meat processing sector has shrunk to 30% from 60% in July owing to mounting production costs and challenges to procure raw materials, the latest update released by the indu...

By Staff reporter | Published: 01 December 2017

BUSINESS NEWS

'Corruption hampers forex allocation'

THE Confederation of Zimbabwe Industries (CZI) has bemoaned the high levels of corruption in the country, resulting in the diversion of foreign currency allocated to industry by the Reserve Bank of Zi...

By Staff reporter | Published: 01 December 2017

OPINION

Things Zim can do to recover from the Mugabe era

Long in coming but swift and relatively painless when it happened, the downfall of Robert Mugabe offers Zimbabwe a once-in-a-generation opportunity to recalibrate its hitherto dire trajectory. The tra...

By Admos Chimhowu | Published: 01 December 2017

BUSINESS NEWS

Border posts beefed up for Christmas period

THE Zimbabwe Revenue Authority (Zimra) has introduced an electronic Temporary Import Permit (E-TIP) to accelerate clearing of motorists arriving for the festive season with close to 100 officers set ...

By Staff reporter | Published: 01 December 2017

POLITICS

Chombo begs for mercy, offers to quit politics

INCARCERATED former Cabinet minister and ex-Zanu PF secretary for administration, Ignatius Chombo , has offered to quit politics and go into full-time farming or return to teaching in an effort to re...

By Staff reporter | Published: 01 December 2017

POLITICS

Mnangagwa's cabinet - 22 ministers, 6 deputies

PRESIDENT Emmerson Mnangagwa yesterday appointed a 22-member Cabinet in a move that saw some line ministries with functional duplications being merged.He also brought in some new faces into Government...

By Staff reporter | Published: 01 December 2017

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