POLITICS

Politburo meeting postponed

THE Zanu-PF Politburo meeting which was set to be held in Harare tomorrow to discuss a number of issues ahead of the party's national people's conference in December, has been postponed to December 5....

By Staff reporter | Published: 27 November 2018

POLITICS

Chamisa allies gun for Mudzuri

DIVISIONS rocking the MDC Alliance played out in the open yesterday when allies of party leader Mr Nelson Chamisa confronted vice president Engineer Elias Mudzuri, scolding him in public for having at...

By Staff reporter | Published: 27 November 2018

POLITICS

'No allowances' for rowdy MPs

ERRANT legislators risk being barred from Parliament and having their allowances withdrawn for a specific period when stringent standing rules and orders being crafted come into effect. Speaker of the...

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Card cloning cases rise alarmingly

POLICE have said commercial crimes are on the increase in the country with cases involving the cloning of bank cards rising sharply. Speaking on the sidelines of a multi-stakeholder meeting on Interne...

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Govt intensifies CAPS revival bid

GOVERNMENT has intensified efforts to resuscitate ailing pharmaceutical company, CAPS, to ease drug shortages that have seen pharmacies demanding payment for drugs in foreign currency, Defence and War...

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Zimbabwe to host ICT Summit

Zimbabwe will tomorrow host a two-day Innovation Africa Summit, which is expected to attract over 500 participants as the country moves towards revolutionising the education sector. Primary and Second...

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Anchor wage talks on 10% inflation: RBZ

The Reserve Bank of Zimbabwe (RBZ) says employers and labour unions should anchor any wage negotiations for next year on the projected 10 percent year-on-year inflation. This emerged during the 6th an...

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

'Engage local firms to save forex'

Priority in public procurement tenders must be awarded to local companies ahead of foreign contractors to boost local industry as well as save foreign currency, according to Finance and Economic Devel...

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Mthuli Ncube to review Govt vehicle policy

Government is undertaking policy review regarding procedures guiding acquisition, replacement, disposal, repair and maintenance of its fleet of vehicles as part of a host of measures to contain costs,...

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Businessman freed on bail

A Harare businessman, Michael Van Blerk, who is accused of defrauding Harare City Council (HCC) of $1,5 million in a property development deal, has been released on $2 000 bail by the High Court. Just...

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Govt dissolves Natpharm board

Government has dissolved the Natpharm (Pvt) Ltd board and will be setting up a new one soon in line with the Public Entities Corporate Governance Act, Health and Child Care Minister Dr Obadiah Moyo ha...

By Staff reporter | Published: 26 November 2018

POLITICS

Chamisa sets date for anti-Mnangagwa demo

The Nelson Chamisa-led MDC has mobilised its supporters to take to the streets on Thursday to demonstrate against the worsening economic situation, which has seen prices of all goods and services skyr...

By Staff reporter | Published: 26 November 2018

POLITICS

'Chamisa isn't the real enemy'

OPPOSITION MDC leader Nelson Chamisa has challenged his Zanu PF rivals, particularly President Emmerson Mnangagwa and Vice-President Constantino Chiwenga, to stop wasting their energy fighting him, bu...

By Staff reporter | Published: 26 November 2018

OPINION

Biti is a clever lawyer - but no match for Mthuli in the economic sphere

AFTER weeks of conjecture we had the first budget of the new government on Thursday. Finance minister Mthuli Ncube was not thrown by the chaos that resulted when the MDC members refused to respect the...

By Eddie Cross | Published: 26 November 2018

BUSINESS NEWS

State broadcaster seeks illegal tenant's eviction

THE Zimbabwe Broadcasting Holdings (Pvt) Ltd (ZBH) has petitioned the High Court seeking an order to evict Blackbury Enterprises from its premises, accusing the latter of occupying its premises withou...

By Staff reporter | Published: 26 November 2018

BUSINESS NEWS

Mnangagwa calls for rail network overhaul

PRESIDENT Emmerson Mnangagwa has called for a total revamp of the country's rail network and re-equipping the National Railways of Zimbabwe (NRZ) workshops to enable the parastatal to serve the entire...

By Staff reporter | Published: 26 November 2018

BUSINESS NEWS

Red tape stalls Harare roads rehabilitation

THE resurfacing of roads in Harare under the emergency roads rehabilitation programme has stalled in other parts of the city after contractors pulled out, citing non-payment by the local authority.Bit...

By Staff reporter | Published: 26 November 2018

OPINION

Mthuli Ncube's budget: The good, bad and ugly

In September, while meeting fund managers in New York, Finance minister Mthuli Ncube said what the economy needed was a "big bang", a shock to the system. A week later, he brought that big bang; on th...

By NewZWire | Published: 26 November 2018

BUSINESS NEWS

Micro-finance sector posts strong performance

THE microfinance credit-only sector has posted a strong financial performance for the first nine months of the year despite operating under a challenging environment, according to Zimbabwe Association...

By Staff reporter | Published: 26 November 2018

BUSINESS NEWS

'Fuel service stations feeding black market'

FUEL stations in Bulawayo have been exposed for feeding the commodity to the black market for sale at distorted prices despite getting foreign currency support from Government. Bulawayo Provincial Aff...

By Staff reporter | Published: 26 November 2018

BUSINESS NEWS

Zamco absorbs $1billion bad debts, disbanded

GOVERNMENT will stop further acquisitions on non-performing loans through its special purpose vehicle - the Zimbabwe Asset Management Company (ZAMCO). The entity, which was established in 2015 with a ...

By Staff reporter | Published: 26 November 2018

BUSINESS NEWS

Mthuli Ncube to meet Bulawayo businesses

FINANCE and Economic Development Minister Professor Mthuli Ncube will meet captains of industry and commerce in Bulawayo today to explain key points of the 2019 National Budget Statement as well as cl...

By Staff reporter | Published: 26 November 2018

POLITICS

Zanu-PF sweeps to victory in by-election

Zanu-PF has overwhelmingly won the Mutoko North by-election held on Saturday, reaffirming the ruling party's popularity as shown by the July 30 harmonised elections where it scored more than two third...

By Staff reporter | Published: 26 November 2018

OPINION

Forex duty on 'luxuries' goods, not on cars

The Government has published a list of predominantly luxury goods that, with effect from Friday, attract duty in foreign currency on importation. A variety of foods and drinks such as cheese, wines, f...

By Staff reporter | Published: 26 November 2018

POLITICS

ZACC bemoans duplication of work

POOR coordination between the Zimbabwe Anti-Corruption Commission (ZACC) and the police's anti-graft unit has resulted in duplication of investigations and a waste of the State's resources, a top ZACC...

By Staff reporter | Published: 26 November 2018
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