BUSINESS NEWS

Zimbabwe power outages a manifestation of endemic corruption in govt

THE massive daily power outages rocking the country have had a devastating impact on an already fragile economy, throwing into disarray President Emmerson Mnangagwa's mantra that "Zimbabwe is open for...

By Staff reporter | Published: 12 July 2019

BUSINESS NEWS

Shambles rock Zimbabwe govt over domestic debt

GOVERNMENT is guesstimating the real domestic debt figure despite announcing that it settled a significant portion of it last week as chaos continues to characterise official communication on the stat...

By Staff reporter | Published: 12 July 2019

BUSINESS NEWS

Former top govt official in US$5 million Zinara storm

FORMER deputy chief secretary to the president and cabinet Ray Ndhlukula is in the eye of a storm after it emerged this week that he unprocedurally ordered the Zimbabwe National Roads Administration (...

By Staff reporter | Published: 12 July 2019

TELECOMS & TECHNOLOGY

Govt to cede TelOne, NetOne majority shares by year-end

GOVERNMENT is moving to complete the sale of its majority shareholding in fixed telecommunications company TelOne and mobile operator NetOne by year-end, businessdigest has learnt.There has been an in...

By Staff reporter | Published: 12 July 2019

BUSINESS NEWS

Mnangagwa's govt stalls Harare bus deal

CHINA Nachang Engineering (Pvt) Ltd has withdrawn from a US$400 million deal with Harare City Council which was expected to supply 600 green-energy buses in the metropolitan province, saying it was ad...

By Staff reporter | Published: 12 July 2019

POLITICS

Govt hammers MDC bigwigs

JITTERY authorities are intensifying their crackdown against the main opposition MDC, with police arresting the party's youth leader Gift Siziba yesterday - barely 24 hours after its firebrand deputy ...

By Staff reporter | Published: 11 July 2019

CONSTRUCTION & PROPERTY

Govt speeds up Chirundu-Beitbridge road rehabilitation

Government has engaged four more contractors to speed up road rehabilitation works of the Harare-Beitbridge Highway.Since the ground-breaking ceremony held in Beatrice a few months ago, progress has b...

By Staff reporter | Published: 11 July 2019

BUSINESS NEWS

Govt urged to expedite one-stop border concept at Beitbridge

The Parliamentary Portfolio Committee on Budget, Finance and Economic Development has challenged Government to expedite the implementation of the One Stop Border Post (OSPB) concept at Beitbridge to e...

By Staff reporter | Published: 11 July 2019

BUSINESS NEWS

Tax scam costs Govt billions

Some players in the garment-making sector are allegedly skimming the Government of billions of dollars in potential tax revenue and suffocating downstream textile industries by abusing a special cloth...

By Staff reporter | Published: 10 July 2019

MINING & RETAIL

Govt to withdraw licences for profiteering businesses

GOVERNMENT is going to withdraw operating licenses of shops that are profiteering and give them to "patriotic" people, Defence and War Veterans Welfare deputy minister Victor Matemadanda has said.Spea...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Govt to increase civil service salaries

Government is set to increase civil service salaries, potentially beginning this month-end to cushion them from recent price hikes once a framework to guide the planned pay and benefits rise has been ...

By Staff reporter | Published: 09 July 2019

OPINION

Mnangagwa's govt should consult citizens, stakeholders

GOVERNMENT should consistently consult with its citizens and stakeholders in the development and adoption of key policy changes and reforms. This is against the recent reintroduction of the Zimbabwe d...

By Blessing Kasiyamhuru | Published: 05 July 2019

TELECOMS & TECHNOLOGY

Zimbabwe govt sets up 146 community information centres

INFORMATION and Communication Technology (ICT) minister Kazembe Kazembe says government has so far established 146 community information centres (CICs) across the country in an effort to grow the econ...

By Staff reporter | Published: 05 July 2019

BUSINESS NEWS

Potraz boosts Govt's e-learning initiative

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) donated 10 computers and 100 backpacks to five schools here on Wednesday to complement Government's e-learning initiative. T...

By Staff reporter | Published: 05 July 2019

BUSINESS NEWS

Mnangagwa's govt commends Chinese tiles firm

Government has commended the work done by a Chinese-owned tiles manufacturing company, Sunny Yi Feng based in Norton, which has already started exporting some of its products. The company began produc...

By Staff reporter | Published: 04 July 2019

TELECOMS & TECHNOLOGY

Govt, parastatals owe TelOne $93m in unpaid bills

Telone trimmed its debtors' book by 7% from $162 million in 2017 to $151 million in 2018, but is still struggling to recover debts owed by government departments and parastatals totalling $93 million ...

By Staff reporter | Published: 03 July 2019

BUSINESS NEWS

Govt mulls tracking system to plug fuel leakages

GOVERNMENT has started implementation of a tracking system to stem leakages in the supply of fuel that have exacerbated shortages that are being experienced in the country, a Cabinet Minister said yes...

By Staff reporter | Published: 03 July 2019

BUSINESS NEWS

Mnangagwa's govt urged to maintain fiscal discipline

THE move by government to make the RTGS currency the country's sole legal tender can work if government remains fiscally disciplined, builds political and economic confidence and boost production.Last...

By Staff reporter | Published: 01 July 2019

BUSINESS NEWS

Govt orders 200 000 vehicle number plates

THE Transport ministry has placed an order of over 200 000 number plates in an effort to address their shortages in the country.This comes as the Central Vehicle Registry (CVR) has been grappling with...

By Staff reporter | Published: 25 June 2019

POLITICS

Govt splurges US$21m on legislators' vehicles

TREASURY splashed over $20 million on top-of-the-range vehicles for Members of Parliament and Senators in the ninth Parliament, which the recipients will start receiving this week.Government acquired ...

By Staff reporter | Published: 25 June 2019

BUSINESS NEWS

Mnangagwa's govt bans US$

GOVERNMENT has discontinued the use of the multi-currency system while declaring the Zimbabwe dollar (ZW$) - abandoned about 10 years ago - as the only official trading currency, the Daily News can re...

By Staff reporter | Published: 25 June 2019

OPINION

Mnangagwa's govt re-ignites currency debate

PRESIDENT Emmerson Mnangagwa's remarks over the weekend that Zimbabwe would have a fully-fledged local currency before the end of the year, ending the multi-currency regime enacted in 2009, effectivel...

By Brett Chulu | Published: 14 June 2019

BUSINESS NEWS

Govt 300% fee hike irks industry

The government would to increase statutory fees for the mining sector by almost 300% in a move that has raised the ire of mining representative bodies.Application fees for platinum and chrome (ordinar...

By Staff reporter | Published: 05 May 2019

EDUCATION

Govt avails $1,5m for science teachers training

At least $1,5 million has been mobilised by Government towards training of science teachers and promotion of science education, which is regarded as a key pillar for industrialisation and development....

By Staff reporter | Published: 05 May 2019

POLITICS

'Zanu-PF, army, police and CIO inflate govt wage bill'

PRESIDENT Emmerson Mnangagwa continues to pay ghost workers unearthed by a civil service audit a few years ago, former Finance Minister Tendai Biti has claimed.Biti told newzimbabwe.com in an intervie...

By newzimbabwe | Published: 03 May 2019
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