OPINION

Multicurrencies: impact of the Chinese currency

The recent addition of the Chinese currency, among others, into Zimbabwe's much-admired multicurrency system (which the new RBZ governor has already branded as being sin qua non to the Zim economy rev...

By Colls Ndlovu | Published: 30 May 2014

BUSINESS NEWS

Diaspora remittances key source of funds

THE country can benefit from remittances from Zimbabweans abroad as they have become a key source of funds, the Permanent Secretary in the Ministry of Finance and Economic Development, Willard Manungo...

By Sithandazile Moyo | Published: 30 May 2014

BUSINESS NEWS

Poverty Datum Line at $150

Industry should use the Poverty Datum Line (PDL) of a single person when calculating the minimum wage across the respective sectors, a Reserve Bank of Zimbabwe official has said.According to latest c...

By Staff reporter | Published: 30 May 2014

POLITICS

Govt fails to maintain civil servants payday

FINANCE minister Patrick Chinamasa yesterday painted a gloomy picture over the future welfare of civil servants when he admitted in Parliament that government was failing to maintain consistent pay da...

By Staff | Published: 29 May 2014

OPINION

I heard it through the grapevine

Word of mouth - getting people talking about your companyWe all love to talk. We talk about our experiences with products and services, from cars and technology, to the latest movies and our experienc...

By Regenesys | Published: 29 May 2014

BUSINESS NEWS

EU might advance Zimbabwe $318m

THE European Union could advance a total of $318 million later this year under the National Indicative Programme if the bloc decides to lift sanctions it imposed on Zimbabwe in 2002 in the wake of ong...

By Conrad Mwanawashe | Published: 29 May 2014

BUSINESS NEWS

Zimbabwe in rare budget surplus in January

Government recorded a $16 million budget surplus in January this year on the back of cost containment in recurrent expenditure and stingy expenditure in capital projects.Official treasury statistics ...

By Staff reporter | Published: 28 May 2014

POLITICS

EU to remove ALL sanctions on Zim this year

The European Union is set to completely remove its sanctions on Zimbabwe this year, an EU official has said.EU delegation ambassador to Zimbabwe Aldo Dell'Ariccia said this year would see the completi...

By Staff reporter | Published: 28 May 2014

POLITICS

Business, lawyers endorse amendments

Indigenous businesspeople and legal practitioners have implored government to prioritise amending the Indigenisation and Economic Empowerment Act and the Labour Act when aligning laws to the new Const...

By Staff reporter | Published: 28 May 2014

BUSINESS NEWS

Global investors head for Imara's Zim conference

Recent lacklustre performance by the Zimbabwe economy has not stopped global investors flocking to the annual conference staged in Harare by Imara Edwards, the country's leading stockbroker and their ...

By Business reporter | Published: 27 May 2014

BUSINESS NEWS

Hidden positives spur interest in Imara's big Zim event

A spate of under-reported positives is fast turning the latest Zimbabwean investment conference into a much-awaited event with strong pulling power for some seasoned international investors.The Harare...

By Staff reporter | Published: 27 May 2014

BUSINESS NEWS

ZimTrade to release market survey results next month

Zimtrade is set to announce results on its survey of the Angolan market next month as the trade promotion body searches for new markets for local products. The development follows the launch of the ex...

By Staff reporter | Published: 27 May 2014

BUSINESS NEWS

Chinamasa courts Arab funding

Finance and Economic Development minister Patrick Chinamasa has been invited to the Arab Bank for Economic Development (BADEA) headquarters in Khartoum, Sudan, to tie loose ends on a possible funding ...

By Staff reporter | Published: 27 May 2014

POLITICS

Zimbabwe backs down on indigenisation

ZIMBABWE is planning to tone down a controversial equity law which forces foreign companies to cede a majority shareholding to local investors, a Cabinet minister said yesterday.Zimbabwe's controversi...

By Sapa-AFP | Published: 26 May 2014

BUSINESS NEWS

Vic Falls Airport runway to be ready in December

CONTRACTORS at the Victoria Falls International Airport expansion project expect to have finished the new 4KM airstrip (runway) before the end of the year ahead of the completion of the whole project ...

By Leonard Ncube | Published: 26 May 2014

BUSINESS NEWS

$57m AfDB loan secured

Government has secured a $58 million facility from the African Development Bank for rehabilitation of water, sewer systems and power infrastructure for several local authorities. The projects are in l...

By Daniel Kachere | Published: 26 May 2014

OPINION

Gamification - not a new swear word

You would be forgiven for thinking that gamification describes a new type of weapons technology to shoot gamma rays. It is in fact a lot kinder than that: Gamification simply means using games to expo...

By Regenesys | Published: 26 May 2014

BUSINESS NEWS

Zimra suspends attachment of property

Zimra has suspended the attachment of property belonging to defaulting tax payers to give them room to raise money to pay off their arrears, a senior official said.ZIMRA head of audit for Manicaland ...

By Staff reporter | Published: 26 May 2014

BUSINESS NEWS

Zimra goes after defaulters

THE Zimbabwe Revenue Authority is carrying out impromptu visits to State enterprises and parastatals to establish their levels of tax compliance in view of salaries and perks for top managers. Source...

By Staff reporter | Published: 26 May 2014

BUSINESS NEWS

New World Bank country manager for Zimbabwe

THE World Bank has appointed Camille Nuamah as the new country manager for Zimbabwe, replacing Nginya Mungai Lenneiye, who has retired.Nuamah officially assumes her new role next month.Jamaican-born ...

By Staff reporter | Published: 26 May 2014

BUSINESS NEWS

Govt begins consultations on SEZs

Government is currently holding consultations with various stakeholders with the view to coming up with a Special Economic Zones (SEZ) model that is best suited to the Zimbabwean situation.Industry a...

By Staff reporter | Published: 26 May 2014

OPINION

Engagement - the key to performance

Now, more than any other time in history, performance drives business. The challenge is how to get to a reasonable measure of company performance that will also be a good performance predictor. In thi...

By Regenesys | Published: 18 May 2014

BUSINESS NEWS

Atlas Mara lining more investment in Zimbabwe?

Could Atlas Mara Co-Nvest Limited be lining up more investments in Zimbabwe? Well, it certainly is for Africa.Bob Diamond and Ashish Thakkar's Atlas Mara yesterday announced that would raise about $40...

By Staff reporter | Published: 14 May 2014

POLITICS

Civil servants pay dates changed

The Finance Ministry has moved pay dates for the civil service and pensioners for this month to between tomorrow and month-end. In a statement yesterday, Civil Service Commission Secretary Pretty Sung...

By Staff reporter | Published: 14 May 2014

POLITICS

'Zim broke to implement economic plan'

Zimbabwe has no funds to implement its five-year economic blueprint, the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (ZimAsset), Industry minister Mike Bimha has said.He said the pri...

By Staff reporter | Published: 14 May 2014

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