POLITICS

Empowerment policies flexible

Indigenisation and economic empowerment policies are not cast in stone and foreigners can hold majority shareholding in any enterprise depending on the nature of their investment, the President has sa...

By Staff reporter | Published: 23 April 2014

BUSINESS NEWS

SA firms keen to revive Bulawayo industry

A SOUTH AFRICAN delegation yesterday met Bulawayo Mayor Councillor Martin Moyo seeking to create partnerships that could lead to the revival of local industries.Speaking after a brief meeting, Clr Moy...

By Sithandazile Moyo | Published: 23 April 2014

BUSINESS NEWS

US returns to ZITF after long absence

The number of countries participating at this year's 55th edition of the Zimbabwe International Trade Fair has marginally increased to 19 with the United States of America returning after a long absen...

By Martin Kadzere | Published: 23 April 2014

BUSINESS NEWS

ZITF roars into life

The 55th edition of the Zimbabwe International Trade Fair roars into life in Bulawayo today with President Mugabe expected to officially open the fair on Friday.Due to unforeseen circumstances, Congo...

By Staff reporter | Published: 23 April 2014

BUSINESS NEWS

Shops record low business on Easter

THE Easter Holiday has come and gone, leaving business operators counting their losses. A snap survey by Chronicle at different businesses showed that business was low and sales had gone down compared...

By Staff reporter | Published: 22 April 2014

BUSINESS NEWS

Cabinet approves CAAZ unbundling

CABINET has approved a plan to unbundle the Civil Aviation Authority of Zimbabwe (CAAZ) into two entities, a move which is expected to create a competitive regional aviation hub in the country.CAAZ, w...

By Staff reporter | Published: 17 April 2014

POLITICS

Cabinet reshuffle wont get Zim out of the woods

Former deputy Justice minister Obert Gutu has dismissed recent speculation on President Robert Mugabe's planned cabinet reshuffle saying the move would not improve the country in any way.Gutu who is a...

By Staff reporter | Published: 17 April 2014

POLITICS

Mugabe to shake up his Cabinet

PRESIDENT Robert Mugabe is mulling a roots and branch shake-up of his Cabinet, informed in part by the poor performance of some of his lieutenants and lately the apparent lack of self-restraint and in...

By Staff reporter | Published: 17 April 2014

BUSINESS NEWS

New investment projects implementation slow

The Zimbabwe Investment Authority says less than 50 percent of approved investment projects in the country are implemented as the FDI inflows remain suppressed.In the past, several projects have been ...

By Staff reporter | Published: 17 April 2014

OPINION

Understanding your Business Model Canvas

According to Investopedia, a business model is a 'plan implemented by a company to generate revenue and make a profit from operations. The model includes the components and functions of the business, ...

By Regenesys | Published: 17 April 2014

POLITICS

'Emulate developed nations,' says Chinamasa

FINANCE minister Patrick Chinamasa has said for Zimbabwe to prosper economically, the country has to study and understand how other nations have managed to develop.Speaking at the Zimbabwe Special Eco...

By Staff reporter | Published: 17 April 2014

BUSINESS NEWS

Zimra raids NSSA

THE National Social Security Authority (NSSA) is the latest organisation to be hit by the Zimbabwe Revenue Authority raids on tax-defaulting companies, NewsDay reported.The authority's bank accounts w...

By Staff reporter | Published: 17 April 2014

BUSINESS NEWS

Govt mulls amending ZIA Act

Government is mulling amendments to the Zimbabwe Investment Authority Act to give legal effect to the institution as the "first and primary" port of call for all investments into the country.Amendment...

By Golden Sibanda | Published: 17 April 2014

POLITICS

Australia maintains sanctions on First Family

Australia is maintaining sanctions against President Mugabe, the First Lady Grace Mugabe and five service chiefs, the latest amended list from Canberra shows. One entity, the Zimbabwe Defence Industri...

By Staff reporter | Published: 16 April 2014

BUSINESS NEWS

Slashed perks for bigwigs month end

All chief executives of State-linked firms and local authorities will earn Cabinet-prescribed packages of $6 000 and below this month. Government formally issued the directive through the relevant lin...

By Staff reporter | Published: 16 April 2014

BUSINESS NEWS

Lack of skills hound Zim companies

Zimbabwean companies have continued to suffer as a result of the brain drain which saw the most skilled employees leaving the country for greener pastures in the past decade.The most skilled employee...

By Staff reporter | Published: 16 April 2014

BUSINESS NEWS

World Bank applauds ZimAsset

Zimbabwe's new economic blueprint ties in well with recommendations of the Doing Business Report, a World Bank official has said.World Bank business reform manager Marcus Sheurmaier said: "World Bank...

By Staff reporter | Published: 16 April 2014

BUSINESS NEWS

Different tax thresholds for small traders

The National Business Council of Zimbabwe is lobbying for different customs duty thresholds for small cross border traders to reduce the cost of getting their good into the country.Speaking at a symp...

By Staff reporter | Published: 16 April 2014

POLITICS

ZimAsset is apolitical, says Chikukwa

Minister of State for Harare Metropolitan province Miriam Chikukwa has urged opposition parties to put political differences aside when it comes to issues of national development.Addressing guests at ...

By Staff reporter | Published: 15 April 2014

BUSINESS NEWS

Bulawayo hotels fully booked for ZITF

With about a week to go before the start of the Zimbabwe International Trade Fair, most hotels in Bulawayo are reported to be fully booked for the duration of the annual trade showcase.In an interview...

By Staff reporter | Published: 15 April 2014

POLITICS

Indigenisation plans probed

Government is probing an unspecified but widespread number of indigenisation plans submitted before it after it emerged some locals were being used as fronts by foreign companies and had been paid off...

By Staff reporter | Published: 15 April 2014

BUSINESS NEWS

Mzembi urges 'sober' approach to indigenisation

Tourism and Hospitality Industry minister Walter Mzembi says the decision by the United States Fish and Wildlife Service to ban elephant trophy imports from Zimbabwe required Zimbabwe to assess its em...

By Staff reporter | Published: 15 April 2014

BUSINESS NEWS

Taxman targets informal sector

Government is working on a cocktail of measures to formalise small and medium enterprises so that they pay taxes and directly contribute to economic growth. Experts from South Korea will assist the go...

By Staff reporter | Published: 15 April 2014

BUSINESS NEWS

Zimra angles for minerals as tax

Government should get a percentage of mining companies' production as a form of tax to widen the country's revenue base, an official said today. Zimbabwe Revenue Authority commissioner general Gershem...

By Staff reporter | Published: 14 April 2014

POLITICS

'I'm the solution to Zimbabwe's crisis'

Former Prime Minister, Morgan Tsvangirai last week said he was the panacea to the country's deepening economic crisis.Addressing hundreds of villagers and party supporters in Masema, Gutu East, at the...

By Staff reporter | Published: 14 April 2014

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