BUSINESS NEWS

Zimbabwe govt starts pilot run for new accounting system

The government has started a pilot run of the new accounting system for its entities as it moves to professionalise the public sector, Business Times can report.Zimbabwe has adopted the International ...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

No Treasury bailout for small Zimbabwe city

Finance Minister, Mthuli Ncube, this week revealed that there would be no rescue package for the City of Kwekwe to avert a water crisis in the short term due to serious complexities.But the failure to...

By Staff reporter | Published: 05 October 2019

INDUSTRIALS & ENERGY

Silo Foods increases grain producer price to RTGS$4 000 per tonne

Silo Foods Industries is now buying maize and small grain from farmers at RTGS$4 000 per tonne, representing a 90.47% increase from RTGS$2 100 being offered by its parent Grain Marketing Board (GMB).&...

By Staff reporter | Published: 02 October 2019

FINANCIAL SERVICES

RBZ turns to domestic resource mobilisation in the absence of international bailout

In the absence of an international bailout package, the Reserve Bank of Zimbabwe has presented a monetary policy statement strongly focused on domestic resource mobilisation aimed at reviving the prod...

By Staff reporter | Published: 23 September 2019

INDUSTRIALS & ENERGY

Silo realises high profits from small grains

THE unbundling of the Grain Marketing Board (GMB) under the Government's public enterprise reform programme is already paying dividend, with Silo Food Industries realising high profits from small grai...

By Staff reporter | Published: 29 April 2019

BUSINESS NEWS

Mpilo Hospital sends out SOS after fire

MPILO Central Hospital is appealing for assistance to rebuild destroyed buildings after an inferno engulfed doctors' quarters on Saturday afternoon. The hospital board chairperson Mrs Sichelesile Ncub...

By Staff reporter | Published: 19 November 2018

POLITICS

Mnangagwa banks on Chinese bailout

Harare City Council says it is yet to receive the remainder of a loan to upgrade its water infrastructure from a Chinese bank, seven years after the deal was struck.Mayor Herbert Gomba said contrary t...

By Staff reporter | Published: 30 September 2018

TELECOMS & TECHNOLOGY

Potraz launches telemedicine pilot project

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has launched a telemedicine pilot project in Manicaland. The move is aimed at expanding the Pan African e-network telemedici...

By Staff reporter | Published: 25 July 2018

BUSINESS NEWS

Zimbabwe mulls medicinal cannabis pilot programme

Government is planning to carry out a medicinal cannabis pilot programme following the legalisation for the production of the plant in April this year.The legalisation of the production of marijuana w...

By Staff reporter | Published: 15 July 2018

INDUSTRIALS & ENERGY

Zamco pledges Merlin bailout

THE Zimbabwe Asset Management Corporation (Zamco) is in talks with Merlin Limited shareholders over a possible bailout that will assist the company to acquire new equipment to operationalise its new b...

By Staff reporter | Published: 20 June 2018

BUSINESS NEWS

ILO pledge to fund TNF

THE International Labour Organisation (ILO) has pledged to fund the Zimbabwean Tripartite Negotiation Forum (TNF) in a bid to strengthen social dialogue in the country.ILO country director Hopalong Ph...

By Staff rpeorter | Published: 17 May 2018

OPINION

'We cannot operate in silos'

We publish here the full text of the Address by the President of the Republic of Zimbabwe and Commander-in-Chief of the Zimbabwe Defence Forces E. D. Mnangagwa at the Southern Africa Confederation of...

By Emmerson Mnangagwa | Published: 16 May 2018

POLITICS

Roy Bennet pilot had substance in blood

A helicopter pilot had a low concentration of fentanyl in his blood during a crash in New Mexico that killed him and four other people including Zimbabwean opposition leader Roy Bennett, according to ...

By AP | Published: 14 May 2018

BUSINESS NEWS

Army doctors deployed at Mpilo Central Hospital

MPILO Central Hospital will today get an extra pair of hands from the Zimbabwe National Army to ease the burden caused by the national doctors strike which spills into day 27.In addition, 35 newly gra...

By Staff reporter | Published: 27 March 2018

BUSINESS NEWS

Zimbabwe to open air space

THE Ministry of Transport and Infrastructural Development says it is in the process of opening the country's air space to allow more airlines to service domestic routes.The permanent secretary in the ...

By Staff reporter | Published: 15 March 2018

TRANSPORT & TOURISM

fastjet looking Embraer E145 pilots for Zimbabwe

fastjet is pleased to invite applications from suitably qualified pilots for the positions of Embraer E145 Captain and First Officer respectively for our Zimbabwean base in Harare. General requirement...

By fastjet | Published: 26 February 2018

BUSINESS NEWS

Zim banks reject EU financial bailout

ZIMBABWEAN banks have since last year been rejecting access to credit facilities from European banks for on-lending to productive sectors, citing the possibility of failure to repay the loans because ...

By Staff reporter | Published: 23 January 2018

FINANCIAL SERVICES

Zimbabwe banks reject EU financial bailout

Zimbabwean banks have since last year been rejecting access to credit facilities from European banks for on-lending to productive sectors, citing the possibility of failure to repay the loans because ...

By Staff reporter | Published: 19 January 2018

POLITICS

Mugabe's ex-pilot fights IDBZ

Deposed president Robert Mugabe's ex-helicopter pilot is asking President Emmerson Mnangagwa to help him reclaim his family home seized by the Infrastructure Development Bank of Zimbabwe (IDBZ) over a...

By Staff reporter | Published: 08 January 2018

BUSINESS NEWS

RBZ throws Mpilo cancer unit lifeline

THE Reserve Bank of Zimbabwe has thrown Mpilo Central Hospital's cancer unit a lifeline by providing the $63 000 required to fix its radiography machine, a week after a local MP's impassioned plea in ...

By Staff reporter | Published: 19 October 2017

LANDS & AGRICULTURE

'GMB silos not yet full'

Despite government claims of a bumper harvest, the Grain Marketing Board (GMB) silos in various provinces are not yet full with the national granary still accepting grain from farmers.This comes amid ...

By Staff reporter | Published: 11 September 2017

BUSINESS NEWS

Forex bailout for Bulawayo firms

THE ministry of Industry and Commerce is making efforts aimed at prioritising the allocation of foreign currency to Bulawayo companies, so that they can import raw materials for their survival, an off...

By Staff reporter | Published: 01 September 2017

BUSINESS NEWS

Staff shortage cripples Mpilo Cancer unit operations

SHORTAGE of staff is crippling the smooth running of Mpilo Central Cancer Unit which was opened in April this year.The unit, which has since rolled out nuclear medicine, does not have the required num...

By Staff reporter | Published: 02 August 2017

INDUSTRIALS & ENERGY

Nestle to restart Milo, Maggi production

NESTLE Zimbabwe says a growing export market and the re-introduction of new product lines will spur the company’s performance this year. In an interview last week, Nestle managing director Mr Kumbi...

By Staff reporter | Published: 26 May 2014

ZIMBABWE

Zimbabwe seeks $10bn bailout from China

ZIMBABWE is seeking $10 billion bailout from China to kick start the economy which is comatose following the re-election of President Robert Mugabe in July 31.The country, whose economy is stagnant, d...

By Staff reporter | Published: 18 November 2013
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