BUSINESS NEWS

TBs appetite dries up

Zimbabwe failed to raise the targeted amount through Treasury Bills in the last two auctions, underlining the huge disconnect between inflation "realities" being experienced by investors and expectati...

By Staff reporter | Published: 18 October 2019

POLITICS

Chamisa appeal continues today

THE hearing of a Supreme Court appeal by MDC leader Nelson Chamisa in which he is seeking to overturn a High Court ruling nullifying his presidency of the country's biggest opposition party continues ...

By Staff reporter | Published: 18 October 2019

POLITICS

Chamisa appoints anti-graft panel

OPPOSITION MDC leader Nelson Chamisa has appointed a five-member integrity and accountability panel to investigate cases of corruption in local authorities led by his party.Addressing journalists at t...

By Staff reporter | Published: 17 October 2019

BUSINESS NEWS

Zimbabwe economic reforms win IMF approval

The International Monetary Fund (IMF) has lauded Zimbabwe's economic reforms but warned they might take time to bear fruit since they were meant to correct mistakes that happened over two decades.IMF ...

By Staff reporter | Published: 11 October 2019

FINANCIAL SERVICES

Morgan & Co launches research app

Morgan & Co, a securities firm yesterday launched a research app that offers interaction between the capital markets and investors.The Morgan & Co Research App is meant to simplify the investm...

By Staff reporter | Published: 05 October 2019

TRANSPORT & TOURISM

NRZ says happy with DIDG deal

THE National Railways of Zimbabwe (NRZ) has expressed satisfaction with progress made towards concluding the US$400 million recapitalisation deal with the Diaspora Infrastructure Development Group (DI...

By Staff reporter | Published: 24 September 2019

BUSINESS NEWS

Mthuli Ncube speaks on approximate exchange rate

THE appropriate exchange rate between the Zimbabwe dollar and the United States dollar should hover around US$1: ZWL$5,6 based on "founded quantitative estimates", Finance and Economic Development Min...

By Staff reporter | Published: 24 September 2019

POLITICS

'Devolution a disappointment'

The huge public expectations raised by devolved government in Zimbabwe have turned into disappointment, the Zimbabwe Coalition on Debt and Development (Zimcodd) has said, after government failed to av...

By Staff reporter | Published: 16 July 2019

BUSINESS NEWS

Mnangagwa set to appoint new ZACC Commissioners

President Mnangagwa is soon expected to announce the appointment of members of the Zimbabwe Anti-Corruption Commission (ZACC) after Parliament submitted the list of successful candidates to his office...

By Staff reporter | Published: 11 July 2019

POLITICS

Sikhala to appear before Bikita magistrate

The MDC-Alliance deputy national chairperson, Job Sikhala, who was arrested on Monday for allegedly subverting a constitutionally elected Government is expected to appear before a Bikita magistrate to...

By Staff reporter | Published: 11 July 2019

POLITICS

'Coup plotter' Sikhala to appear in court today

MDC-Alliance deputy national chairperson Job Sikhala was yesterday arrested on allegations of subverting a constitutionally-elected Government and is expected to appear in court today. He was by last ...

By Staff reporter | Published: 10 July 2019

POLITICS

Zec appoints substantive Chief Elections Officer

THE Zimbabwe Electoral Commission (Zec) has appointed, Mr Utoile Silaigwana, as the substantive Chief Elections Officer taking over from Mrs Constance Chigwamba. Mr Silaigwana's appointment is effecti...

By Staff reporter | Published: 04 July 2019

POLITICS

Mnangagwa appoints acting High Court judges

President Mnangagwa has appointed three retired judges - Justices November Mtshiya, Nicholas Ndou and Vernanda Ziyambi - as acting judges of the High Court bench to preside over matters in the special...

By Staff reporter | Published: 04 July 2019

BUSINESS NEWS

RioZim makes appointments

ZIMBABWE Stock Exchange-listed mining group, RioZim, has appointed Mr Saleem Rashid Beebeejaun as chairman with effect from June 25, 2019. He takes over from Mr Lovemore Chihota who recently celebrate...

By Staff reporter | Published: 01 July 2019

BUSINESS NEWS

Mnangagwa appoints 2 new Supreme Court judges

President Emmerson Mnangagwa has appointed High Court judges Charles Hungwe and Nicholas Mathonsi to the Supreme Court after the recent public interviews, NewsDay reported.The two participated in rece...

By Staff reporter | Published: 27 June 2019

OPINION

Applying lipstick on a pig will not work Mnangagwa

EACH American election cycle produces a phrase or word that either becomes controversial or defines the election.In 2008, then Senator Barack Obama found himself in the eye of a storm when he criticis...

By Nqaba Matshazi | Published: 27 June 2019

POLITICS

Rural MDC activists appeal to Chamisa

Grassroots MDC supporters in rural Gokwe and Mberengwa districts are calling upon party president Nelson Chamisa and his national leadership to pressure government to stop their persecution.In the las...

By Staff reporter | Published: 27 June 2019

BUSINESS NEWS

Cabinet approves currency reforms

Cabinet has approved currency reforms introduced by Treasury which culminated in the scrapping of the multi-currency system on local transactions saying the move would now bring normalcy in the econom...

By Staff reporter | Published: 27 June 2019

OPINION

Scrapping of multi-currency regime: The implications

ON Monday, the government announced major changes in the monetary policy of Zimbabwe, highlighted by the ending of a 10-year multi-currency system.Further measures announced include the intended steri...

By Respect Gwenzi | Published: 26 June 2019

POLITICS

Mliswa slapped with $10m defamation lawsuit

Norton MP Temba Mliswa (independent) has been taken to the High Court by BDO Zimbabwe boss, Ngoni Kudenga, who is demanding $10 million compensation for alleged defamation.The lawsuit emanates from a ...

By Staff reporter | Published: 14 June 2019

ZIMBABWE

ZSE reviews listing application fees

The Zimbabwe Stock Exchange (ZSE) has reviewed listing application fees in line with changes in the local functional currency. The changes are also based on an analysis of the regional listing fees an...

By Staff reporter | Published: 14 June 2019

TRANSPORT & TOURISM

Meikles Hotel sale now awaits shareholder approval

Zimbabwe Stock Exchange (ZSE) listed conglomerate, Meikles limited has announced that the proposed plan to sell shareholding in one of its hotels is now awaiting shareholder approval.The company issue...

By Staff reporter | Published: 13 June 2019

POLITICS

Chinamasa appointment to Air Zimbabwe board 'dubious'

President Emmerson Mnangagwa has named former finance minister Patrick Chinamasa as the new chairman of the Air Zimbabwe board - but the validity of the appointment was immediately thrown into questio...

By Staff reporter | Published: 11 June 2019

BUSINESS NEWS

Strong investment appetite for Zimbabwe

Zimbabwe has elicited strong investor interest over the first quarter of the year, with investments worth over US$286 million having been approved by the Zimbabwe Investment Authority (ZIA).Total inve...

By Staff reporter | Published: 05 May 2019

BUSINESS NEWS

Dr Mangudya's reappointment welcome

The reappointment of Dr John Mangudya by President Emmerson Mnangagwa for a second five-year term as Governor of the Reserve Bank of Zimbabwe, and thus the custodian of the national monetary policy, w...

By Staff reporter | Published: 05 May 2019
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