POLITICS

Roadworks scandal hits Harare

Harare City Council (HCC) is reeling from yet another controversy after an internal audit unearthed a major scandal through which some road contractors engaged to rehabilitate 43 selected roads in the...

By Staff reporter | Published: 06 October 2019

OPINION

Zimbabwe currency stability faces headwinds

The battle for new currency stability faces severe headwinds, and the signs are not good. It was always going to be an uphill task, even under the best of conditions to re-introduce a currency that wa...

By Joseph Mverecha | Published: 23 September 2019

INDUSTRIALS & ENERGY

David Whitehead re-opening imminent

DAVID Whitehead Textiles (DWT) intends to "immediately" restart operations at Chegutu factory after several years of intermittent operations, following acquisition of the company's majority shareholdi...

By Staff reporter | Published: 04 July 2019

BUSINESS NEWS

Zimbabwe makes headway in Ease of Doing Business

THE Government is making concerted efforts to improve the Ease of Doing business as it moves to attract Foreign Direct Investments (FDIs) into the country.Speaking at the Zimbabwe International Busine...

By Staff reporter | Published: 28 April 2019

OPINION

Mnangagwa's govt has squandered immense goodwill

THE Zimbabwe Congress of Trade Unions (ZCTU) this week called a three-day stayaway to protest the government's decision to hike fuel prices amid a rapidly deteriorating economic environment and rising...

By Staff reporter | Published: 19 January 2019

OPINION

'Zanu-PF hoodwinked us'

Seven months after helping President Emmerson Mnangagwa wrestle power from his mentor Robert Mugabe, war veterans are crying foul claiming there is a plot to sideline them in Zanu-PF.The war veterans ...

By Staff reporter | Published: 25 June 2018

BUSINESS NEWS

Zim makes headway in Ease of Doing Business

VICE-PRESIDENT Kembo Mohadi said the Government continues to explore various measures to improve the Ease of Doing Business as it forges ahead to promote economic growth and development in the country...

By Staff reporter | Published: 10 June 2018

BUSINESS NEWS

Headwinds still stalk Zimbabwe

A LOBBY group that fights for the production and consumption of domestic products in order to rebuild Zimbabwe's industry has warned that growth targets being expected in the country this year could b...

By Staff reporter | Published: 07 June 2018

BUSINESS NEWS

Headway recorded on externalised funds

Externalised funds have significantly trickled back into the country's formal banking channels as a moratorium set by the President Emmerson Mnangagwa for those involved in the externalisation of fund...

By Staff reporter | Published: 08 February 2018

BUSINESS NEWS

Buy N Build Hardware Centre up in flames

Buy N Build Hardware Centre in Bulawayo went up in flames early yesterday morning, but the cause of the fire remains unknown.Bulawayo chief fire officer, Richard Peterson confirmed the incident, sayin...

By Staff reporter | Published: 11 January 2018

MINING & RETAIL

Hardware shop 'robs' client in bad lay-bye deal

A 63-YEAR-OLD man was allegedly robbed of $347 by workers at a store in Bulawayo.Mr Japhet Ndlovu of Makokoba purchased 26 sheets of zinc, six air-vents and roofing timber on lay-bye last December fro...

By Staff reporter | Published: 27 September 2017

BUSINESS NEWS

Harare-Beitbridge roadworks on course

Government and Geiger International are expected to meet all preconditions set to kick-start dualisation of the $1 billion Harare-Beitbridge Highway by end of September, a senior Government official ...

By Staff reporter | Published: 28 August 2017

MINING & RETAIL

Fazak to venture into hardware sector

FAZAK Africa says it plans to venture into hardware business as a way of staying afloat in business to counter the prevailing economic challenges. The company's managing director Mr Zak Hawa told Busi...

By Staff reporter | Published: 10 August 2017

BUSINESS NEWS

Zim crisis deepens as cash deposits dwindle

COMMERCIAL banks held just $65 million physical cash foreign currency, bond notes and coins at the end of May, central bank data shows, highlighting a mounting cash crisis that has wracked the economy...

By Staff reporter | Published: 27 July 2017

BUSINESS NEWS

Second-hand clothes traders join bandwagon

Harare's thriving second-hand clothing market has embraced the use of plastic money as traders fear being thrown out of business due to cash shortages, this paper has established.The new way of doing ...

By Staff reporter | Published: 23 July 2017

ZSE TODAY

ZSE shares advance in midweek trades

ZSE shares stayed in the positive territory in midweek trades Wednesday with the breadth of the market looking strong as 11 counters recorded gains against just 2 fellers.The Industrial Index gained 0...

By Staff reporter | Published: 04 June 2014

ZSE TODAY

Delta, Econet deals highlight ZSE in midweek trades

Delta and Econet significant deals all worth $4,328 million highlighted trades on the ZSE on Wednesday as Industrials maintained their upward trend.There was a significant improvement in the daily mar...

By Staff reporter | Published: 07 May 2014

ZIMBABWE

ZSE weekly review

The market maintained its upward flight with the industrial index rising by 1.9% to 173.59 points while the mining index retreated 0.8% to close at 29.64 points. Market performance was mainly driven b...

By Imara Edwards Securities | Published: 06 May 2014

TELECOMS & TECHNOLOGY

Gondwana selects Avanti for Zim broadband and VOIP services

Pan-African telecoms operator, Gondwana International Networks has announced that it has signed a new contract with Avanti Communications which will see the latter deploy both broadband and VOIP servi...

By Staff reporter | Published: 28 April 2014

LANDS & AGRICULTURE

GMB maize intake dwindles

The Grain Marketing Board has witnessed a continual decline in maize intake over the past five years as farmers opted to sell their grain to private buyers due to delays by the company in making paym...

By Staff reporter | Published: 17 April 2014

ZSE TODAY

Industrials falter in dull midweek trades

ZSE's Industrials waded back into the negative territory during Wednesday's dull trading session where only 13 counters recorded trades out of the active 62.There were no counters to trade in the posi...

By Staff reporter | Published: 02 April 2014

MINING & RETAIL

Metallon suspends Redwing Mine operations

ZIMBABWE's largest gold mining group Metallon Gold has once again suspended operations at its Redwing Mine in Penhalonga due to flooding and is considering engaging a contractor to dewater it.Metallon...

By Martin Kadzere | Published: 12 March 2014

ZSE TODAY

ZSE shares recover in midweek trades

ZSE shares waded back into the positive territory on Wednesday buoyed by gains in 3 of the market's 10 heavily capitalised counters.The Industrials Index gained 0.11 or 0.05% to 209.13 with gains in h...

By Staff reporter | Published: 30 October 2013

ZIMBABWE

Imara Edwards Securities weekly review

The industrial index gained a whopping 5.2% to close the week above the psychological mark of 200 points at 208.35 points. The week saw a flurry of activities with special bargains dominating trades....

By Imara Edwards | Published: 08 October 2013

INDUSTRIALS & ENERGY

Beer price increase a reaction to pricing 'abuse'

IMARA Edwards Securities speculates that the review of beer prices by Delta Beverages is a reaction to the 'abuse' by retailers on pricing due to shortage of coinage.Delta reviewed the wholesale and...

By Staff reporter | Published: 08 October 2013
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