BUSINESS NEWS

Command Agriculture facing financial challenges

LAST week, the Government of Zimbabwe announced that its Command Agriculture programme shall look to be financed by the banking sector. The country's planting season is already upon us. Field preparat...

By Chris Chenga | Published: 30 September 2019

BUSINESS NEWS

RBZ bans Cash In and Out with immediate effect

The Reserve Bank of Zimbabwe has directed mobile payment system providers and merchants to discontinue cash in and cash out with immediate effect while it has also directed economic agents to disconti...

By Staff reporter | Published: 30 September 2019

BUSINESS NEWS

Zimbabwe enforces exclusive use of Zimdollar for domestic transactions

Government has reinforced legislation which formalised the use of local currency by empowering the Reserve Bank of Zimbabwe (RBZ) to issue civil penalties for contravention and also applying criminal ...

By Staff reporter | Published: 28 September 2019

POLITICS

Mugabe body smuggled out to Zvimba in Mnangagwa's absence

ZANU PF has confirmed being betrayed by late former President Robert Mugabe's family which secretly wheeled the ex-leader's body to Zvimba Thursday for a private burial Saturday.Mugabe's party said in...

By Staff reporter | Published: 28 September 2019

POLITICS

'Mugabe's burial place was never negotiable'

Despite weeks of controversy and confusion regarding the burial of former Zimbabwean president Robert Mugabe, the decision was finally taken to bury him at his rural village at Kutama in Zvimba distri...

By Staff reporter | Published: 28 September 2019

BUSINESS NEWS

Zimbabwe teachers renew fight for improved salaries

RURAL teachers have threatened fresh protests to push the government to improve their salaries.Amalgamated Rural Teachers' Union of Zimbabwe (Artuz) president Obert Masaraure said salaries for civil s...

By Staff reporter | Published: 28 September 2019

POLITICS

Mugabe buried in low-key ceremony

The body of Zimbabwe's former president Robert Mugabe was buried on Saturday in his rural village of Kutama, an AFP reporter at the scene said.The family of Mugabe gathered in his rural homestead, thr...

By Staff reporter | Published: 28 September 2019

BUSINESS NEWS

Chartered secretary's role in governance remains important

The chartered secretary's role is just as important today as it was when the profession first emerged after the establishment of limited companies in the nineteenth century, the director general of th...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Zimra sweats over tax defaulters

THE Zimbabwe Revenue Authority (Zimra) is sweating over the fiscalisation of companies after it emerged that some entities have not connected the recording of their taxable transactions on the fiscal ...

By Staff reporter | Published: 27 September 2019

POLITICS

Mangudya summoned to court

Reserve Bank of Zimbabwe (RBZ) governor John Mangudya was yesterday summoned by a Harare magistrate Lazini Ncube to testify in a matter where Kwekwe businessman Shepherd Tundiya is facing charges of d...

By Staff reporter | Published: 27 September 2019

POLITICS

Grace kicks out Zvimba chiefs from Mugabe mansion

TRADITIONAL leaders from Zvimba were on Friday reportedly kicked out of the late former President Robert Mugabe's Blue Roof mansion by the ex-leader's widow Grace as the feud over the final resting pl...

By Staff reporter | Published: 27 September 2019

EDUCATION

Zimbabwe School of Mines boss fired

Zimbabwe School of Mines chief executive officer Dzingirai Tusai has been fired.The ZSM board, which sent Tusai on forced leave in May last year to pave way for investigations into corruption allegati...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Matebeleland region to receive normal rainfall

MATEBELELAND region will experience normal to below normal rainfall in the first and second period of the rainy season, the Meteorological Department said yesterday.Climate change has resulted in weat...

By Staff reporter | Published: 27 September 2019

POLITICS

MDC Midlands frets over partisan food distribution

MDC Midlands province has raised the red flag over alleged politicisation of food aid in parts of Gokwe district where villagers are facing drought-induced hunger.Government, in conjunction with some ...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Zambian arrested for smuggling emeralds

A 33-year-old man from Lusaka, Zambia, has appeared at the Zvishavane Magistrates' Court for smuggling emeralds from Mberengwa.Harrison Kazhoka of Kaunda Square, Lusaka, is facing charges of illegal p...

By Staff reporter | Published: 27 September 2019

POLITICS

Anti-graft prosecutor calls for stiffer penalties

Presidential anti-corruption special prosecution unit head Tabani Mpofu has called for stiffer penalties on people convicted of graft in order to effectively deal with the scourge, which he said is co...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Govt tightens screws on bread prices

The government has tightened its monitoring mechanisms on subsidised bread-making flour to millers and bakers to avoid unjustified bread price increases.This comes after several reports of some "baker...

By Staff reporter | Published: 27 September 2019

POLITICS

Judge raps State over Magombeyi detention

Judge president Justice George Chiweshe yesterday dismissed the State's urgent chamber application to stop Zimbabwe Hospital Doctors' Association (ZHDA) leader Peter Magombeyi from leaving the country...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

DBSA CEO calls for reforms in Zimbabwe

DEVELOPMENT Bank of Southern Africa (DBSA) chief executive officer Patrick Dlamini says government can do much better on reforms, amid a planned visit to Zimbabwe to discuss potential funding for the ...

By Staff reporter | Published: 27 September 2019

POLITICS

Mwonzora in soup over anti-sanctions trip

INTERNAL strife is threatening the Nelson Chamisa-led MDC ahead of its 20th anniversary celebrations amid reports of sharp divisions emerging over the strategy the opposition party should employ to fa...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Zimbabwe earns US$5bn through exports

ZIMBABWE'S foreign currency receipts are close to US$5 billion from January to date, which indicates that the country is generating sufficient forex to cater for its economic requirements, Industry an...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

'Zisco demise costing Zimbabwe US$400m annually'

ZIMBABWE is losing about US$400 million annually through importing steel and related products since the collapse of Zisco in the last decade, Industry and Commerce Minister, Mangaliso Ndlovu, has said...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Biti to recommend the prosecution of some top RBZ officials

PUBLIC Accounts Committee chair Tendai Biti says parliament will soon recommend the prosecution of some top Reserve Bank of Zimbabwe (RBZ) officials over the reckless issuance of treasury bills (TBs) ...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Govt to float infrastructure bond for Harare

The Government will soon float an infrastructure bond to raise funds for water, sewer, roads and other equipment for the City of Harare, a Cabinet minister said yesterday. The Harare City Council is s...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

RBZ dismisses 'new' coins

Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday expressed concern over the rising cases of "fake news" which have the capacity to undermine Government efforts to transform the econo...

By Staff reporter | Published: 27 September 2019
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