BUSINESS NEWS

Zim crafts investment facilitation bill

The government is intensifying its open business policy drive by crafting legal documents that will provide backing for this new position.The development is widely expected to result in major changes...

By Staff reporter | Published: 17 hours ago

BUSINESS NEWS

Chiwenga may have violated the law

Vice President Constantino Chiwenga may have violated the law which he is supposed to be upholding by rushing to fire nurses in government hospitals for rushing to fire nurses in government hospitals ...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Swedes explore investment opportunities

A DELEGATION of Swedish business companies is expected in Zimbabwe today to explore business opportunities offered by the country under the new dispensation.The visit is arranged by the Zimbabwe Natio...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Amtec targets managers for new vehicles

AMTEC Motors is aiming for middle and senior management in selling the new Nissan X-Trail vehicles, with 10 units already in the country.In a sideline interview with NewsDay at the launch of the new v...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Khaya Moyo summoned over Chivhayo solar project

ENERGY and Power Development Minister Simon Khaya Moyo and former ministers Samuel Undenge and Dzikamai Mavhaire are set to appear before the Parliamentary committee on Mines and Energy today to answe...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Mnangagwa eyes 4.5% growth rate

President Mnangagwa has reaffirmed the country's economy is forecast to grow by 4,5 percent this year on the back of a robust performance in agriculture, mining, tourism and the construction sector. H...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Fuel price cut likely

FUEL prices are expected to decline in the near future amid indications that Government is contemplating further reducing excise duty on diesel and petrol with a view to contain price increases, Presi...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Zim delegation dazzles investors on Wall Street

After decades of economic isolation, the Zimbabwe Government, led by the Minister of Finance and Economic Development Patrick Chinamasa, Minister of Foreign Affairs and International trade, Dr Sibusis...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Nurses retirement age moved to 70 years?

The Health Services Board is inviting applications from qualified unemployed registered general nurses, primary care nurses and retired nurses below the age of 70.In a statement yesterday, it said: "T...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Govt rewards non-striking nurses

PRESIDENT Mnangagwa has directed the Ministry of Health and Child Care to pay nurses who did not participate in the recent strike action benefits already agreed by Government under a $17 million pay r...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Mnangagwa dispensation brings hope to business

The new dispensation has brought with it some fresh impetus on the business front with Bulawayo's indigenous entrepreneurs regaining confidence by setting up some new enterprises in line with governme...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

BCC debt races to $174 million

BULAWAYO City Council (BCC)'s debt has ballooned to $174 million as of February this year as the local authority is struggling to service it, owing to the decline in revenue collections, latest counci...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Vic Falls join top must-visit sites

CANADA's largest travel agency, Flight Network, has named Victoria Falls as one of the top tourist destinations in the world to experience, after consultations with over 800 recognised agencies and pe...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

School of Mines students block CEO

STRIKING students at the Zimbabwe School of Mines (ZSM) yesterday blocked the college's chief executive officer Dzingai Tusai from entering the premises and demanded to be addressed by board members.T...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Tongaat Hulett commissions Chiredzi gas plant

TONGAAT Hulett, Zimbabwe's largest sugar producer, has commissioned a 40-tonne liquefied petroleum gas plant in Chiredzi that will provide renewable and clean energy to more than 5 000 workers of the ...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Private firm to set up 125MW solar plant in Vic Falls

A PRIVATE firm, Southpole Consulting Private Limited, has engaged the Zimbabwe Energy Regulatory Authority (Zera) seeking a power generation licence to set up a 125 megawatts solar plant in Victoria F...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

AfDB, Export Trading Group sign $200m loan deal

THE African Development Bank (AfDB) has signed a $200 million loan agreement for a soft commodity finance facility with the Export Trading Group to support agriculture on the continent.AfDB said the f...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Year-on-year inflation drops

ZIMBABWE'S year-on-year inflation rate for last month shed 0.30 percentage points on the February rate of 2.98 percent to 2.68 percent, official figures show.The country's national statistics agency, ...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Mnangagwa targets middle-income economy

GOVERNMENT has set out a clear vision for youth to have decent jobs and to benefit from broad-based empowerment initiatives that will move them out of poverty, President Mnangagwa has said.He also war...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Developers reduce housing backlog by 50%

PROPERTY developers in Masvingo have reduced the housing backlog in the city by more than 50 percent following the unveiling of land for development. Property developers who spoke to The Herald yester...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Kickbacks delay city road rehab

Some Harare City Council workers are reportedly sabotaging the city's road rehabilitation programme by demanding kickbacks from contractors to facilitate payment from Zimbabwe National Roads Administr...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

NSSA bars Vela, ex-CEO Chitiga

NATIONAL Social Security Authority (NSSA) has barred fired ex-chairman Robin Vela and former general manager Elizabeth Chitiga from entering the authority's premises. This comes as Labour and Public S...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

ZCTU calls for general strike

President Emmerson Mnangagwa's administration has been plunged into another crisis after the Zimbabwe Congress of Trade Unions (ZCTU) yesterday called for a general strike to protest against its "disr...

By Staff reporter | Published: 18 April 2018

BUSINESS NEWS

Bread prices go up

A survey has shown that the prices went up by 10 cents.Previously, the bread price was 90 cents for a standard loaf and a dollar for the popular Bakers Inn, Lobels and Proton Super loaf, which was com...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Zim officials engage World Bank, IMF

The Minister of Foreign Affairs and International Trade, Dr Sibusiso Moyo together with the Reserve Bank of Zimbabwe governor, Dr John Mangudya are in New York interfacing with officials from the wor...

By Staff reporter | Published: 17 April 2018
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