BUSINESS NEWS

Prophet Magaya church accounts garnished by Zimra

The Zimbabwe Revenue Authority (Zimra) has garnished Walter Magaya's Prophetic Healing and Deliverance (PHD) Ministries accounts for alleged tax arrears amounting to $22 million.According to a Zimra s...

By Staff reporter | Published: 07 February 2019

TRANSPORT & TOURISM

Zimbabwe tourism sector counts losses in the wake of protests

ZIMBABWE'S tourism industry stakeholders say the three-day shutdown that brought business to a standstill severely affected the sector, especially in terms of booking cancellations.The shutdown, which...

By Staff reporter | Published: 20 January 2019

BUSINESS NEWS

Zimbabwe civil servants reject $78 salary increment

GOVERNMENT now faces a crippling civil service strike after its' revised offer of $78 for the lowest paid worker or 20% on a sliding scale was rejected by negotiators, who want nothing less than $1 70...

By Staff reporter | Published: 19 January 2019

BUSINESS NEWS

Residents walk to town for groceries

SCORES of desperate residents were on Wednesday and yesterday forced to walk into town to buy groceries as some shops in their respective residential suburbs were vandalised by hooligans. Some unscrup...

By Staff reporter | Published: 19 January 2019

BUSINESS NEWS

Civil servants plead poverty

TEACHERS yesterday said they were too poor to go back to work as schools open countrywide today, piling pressure on President Emmerson Mnangagwa to solve the worsening economic crisis.This came as tal...

By Staff reporter | Published: 08 January 2019

EDUCATION

Zimbabwe implements Space Science programmes

Government is embarking on the implementation of Space Science programmes under the 100 days priority projects approved by Cabinet for immediate implementation.Speaking to journalists at the last the ...

By Staff reporter | Published: 02 January 2019

EDUCATION

Zimbabwe implements Space Science programmes

Government is embarking on the implementation of Space Science programmes under the 100 days priority projects approved by Cabinet for immediate implementation.Speaking to journalists at the last the ...

By Staff reporter | Published: 02 January 2019

INDUSTRIALS & ENERGY

Zimplow appoints new CEO

DIVERSIFIED manufacturer, Zimplow Holdings Limited, has appointed Mr Vimbayi Nyakudya as the new group chief executive officer replacing Mr Mark Hulett. In a statement yesterday the company advised sh...

By Staff reporter | Published: 01 January 2019

POLITICS

Chamisa want civil servants paid in hard currency

Government should make efforts to pay civil servants salaries in foreign currency, MDC president Nelson Chamisa has said.This comes as the on-going strike by doctors has entered its fourth week, after...

By Staff reporter | Published: 31 December 2018

TRANSPORT & TOURISM

Zimpost revenue dips on working capital constraints

ZIMPOST says it generated $19,3 million in revenue in the 11 months to November, which was 12% below the $22 million achieved last year, as liquidity challenges and working capital constraints affecte...

By Staff reporter | Published: 31 December 2018

OPINION

Zimbabwean students fall prey to scammers

What began as a dream to hone their skills and knowledge in international capitals of the world such as Beijing has turned out to be a living nightmare for many Zimbabwean students.Duped out of their ...

By Fatima Bulla | Published: 30 December 2018

INDUSTRIALS & ENERGY

NTS after tax profit doubles

NATIONAL Tyre Services (NTS) reported an increase in profit after tax to $337 051 for the half year to September, but the company fears that fiscal and other monetary measures introduced by authoritie...

By Staff reporter | Published: 24 December 2018

POLITICS

Mugabe law haunts Zimbabwe

Terrence Mkhwananzi feels trapped and unsafe in what is now regarded as the new Zimbabwe.Bailed out from remand prison, the 32-year-old activist makes weekly visits to the police station while state p...

By Staff reporter | Published: 23 December 2018

INDUSTRIALS & ENERGY

Delta shuts soft drink plants

ZIMBABWE is headed for a dry festive season as stocks of soft drinks are expected to run out after Delta beverages shut down its plants citing inadequate foreign currency to keep them running.Delta, t...

By Staff reporter | Published: 23 December 2018

INDUSTRIALS & ENERGY

Simbisa Brands discounts US$ customers

LISTED quick-service restaurant business, Simbisa Brands, has resolved to offer discounts on its prices to customers who pay in US dollars to enhance the entity's foreign currency earnings. In an oper...

By Staff reporter | Published: 21 December 2018

BUSINESS NEWS

Simbisa Brands implements two-tier pricing model

ZIMBABWE's largest fast food chain, Simbisa Brands Limited (SBL), says it will implement a two-tier pricing model, offering discounts for customers paying in United States dollars as it tries to raise...

By Staff reporter | Published: 20 December 2018

POLITICS

SA eases children's travel requirements

THE South African Government has relaxed travel requirements for children travelling through its borders by scrapping compulsory submission of affidavit forms which many found cumbersome. South Africa...

By Staff reporter | Published: 11 December 2018

BUSINESS NEWS

Civil servants storm out of talks with Mnangagwa's govt

NEGOTIATIONS between civil servants and government ended prematurely yesterday with representatives of the workers storming out of talks in protest after being told that there would be no new offer on...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

Zimbabwe bonus payments to power retail boom

ZIMBABWE'S retail sector is seen picking up in the short-term as consumer spending is expected to firm up following Treasury's timely payment of bonuses for civil servants this year.Government, for th...

By Staff reporter | Published: 06 December 2018

POLITICS

Civil service strike looms

CIVIL servants yesterday threatened to down tools if government failed to reverse its austerity measures, including partial payment of bonus and payment of customs duty in foreign currency.In a joint ...

By Staff reporter | Published: 05 December 2018

BUSINESS NEWS

TotalMedia appoints Ndlovu chief media officer

TotalMedia UM has elevated Nobuntu Ndlovu to the newly created role of chief media officer (CMO) with immediate effect.Ndlovu has been with TotalMedia UM, a subsidiary of Dicomm Holdings group, since ...

By Staff reporter | Published: 04 December 2018

POLITICS

Pressure mounts on MDC Alliance MPs

PRESSURE is piling on MDC Alliance legislators who do not recognise the leadership of President Mnangagwa after one of their party members approached the High Court seeking to stop payment of their al...

By Staff reporter | Published: 04 December 2018

POLITICS

Law to compel forex recipients to charge in bonds

Government is crafting a law that compels business people who receive foreign currency allocation from Treasury to charge their products in local currency, President Mnangagwa said yesterday. Further,...

By Staff reporter | Published: 04 December 2018

BUSINESS NEWS

Mthuli Ncube makes U-turn on retrenchments

Finance minister Mthuli Ncube has now said there would be no mass layoffs of public sector workers because government has no money to bankroll retrenchment packages.He said government will now conside...

By Staff reporter | Published: 01 December 2018

BUSINESS NEWS

Civil servants reject govt's bonus offer

Civil servants have rejected government's offer to pay their bonuses based on basic salaries saying that it was a blatant violation of their rights.Finance minister Mthuli Ncube proposed in his 2019 b...

By Staff reporter | Published: 28 November 2018
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