BUSINESS NEWS

Peter Moyo wants Trevor Manuel and other Old Mutual directors jailed

Axed Old Mutual CEO Peter Moyo says there is no punishment befitting Old Mutual directors other than six months' jail time, without the option of a fine, on the contempt of court charges he lodged aga...

By Staff reporter | Published: 18 October 2019

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

INDUSTRIALS & ENERGY

Petrotrade declares $1.5 million dividend

Government-owned oil company, Petrotrade declared a $1.56 million dividend at the end of its 2018 financial year after managing to improve its profitability during the period, the company said on Thur...

By New Ziana | Published: 04 October 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

OPINION

How Chinhara built his Glow Petroleum empire

Gift Phiri sits down for a wide-ranging interview with Glow Petroleum Trading (Private) Limited managing director Aaron Chinhara about his journey in the fuel retail, mining and commodity broking busi...

By Staff reporter | Published: 28 April 2019

POLITICS

Kasukuwere petitions the High Court

FORMER Local Government minister Saviour Kasukuwere has petitioned the High Court, accusing regional magistrate Hoseah Mujaya of being biased in the manner he has been handling his court case.Kasukuwe...

By Staff reporter | Published: 10 December 2018

BUSINESS NEWS

Petrol, diesel prices go up

THE price of fuel has gone up, but the supply of the resource remained subdued yesterday as most service stations were without both petrol and diesel.Chaos has become the order of the day at fuel stat...

By Staff reporter | Published: 03 December 2018

POLITICS

Abducted soldier's wife petitions High Court

The wife of a retired army colonel who was allegedly kidnapped at his home on Sunday, has approached the High Court seeking an order compelling the government to investigate the incident and to establ...

By Staff reporter | Published: 28 November 2018

INDUSTRIALS & ENERGY

Petrotrade in $3,75m tax profit

State petroleum company, Petrotrade has - for the third year running declared a dividend to Government after registering an after tax profit of $3,75 million for the year ended December 2017. Speaking...

By Staff reporter | Published: 12 September 2018

OPINION

Mnangagwa must appoint competent team to steer economic recovery

THE enormity of the task of steering the country's economic revival requires that President Emmerson Mnangagwa appoints the best team at his disposal into Cabinet. The pool of possible Ministers avail...

By Staff reporter | Published: 07 September 2018

POLITICS

Bulawayo councillors petitioned to declare their assets

THE Bulawayo Progressive Residents' Association (BPRA) has petitioned incoming councillors to declare their assets to prevent unbridled corruption as witnessed in the previous council.Former Local Gov...

By Staff reporter | Published: 06 September 2018

POLITICS

Madiro scoffs at NPF’s poll petition

Zanu-PF Mutare North House of Assembly representative Michael Madiro has described losing National Patriotic Front (NPF) candidate, Mr Agrippa Bopela Masiyakurima's High Court petition challenging his...

By Staff reporter | Published: 06 September 2018

INDUSTRIALS & ENERGY

Pressure on petrol prices

Petrol prices are marginally increasing at some pump stations after holding steady for the better part of the month.Observers fear the increases, blamed on bottlenecks in the supply chain, could have ...

By Staff reporter | Published: 24 July 2018

BUSINESS NEWS

CompCom probes NOIC's 50% acquisition of Petrozim

THE Competition and Tariffs Commission (CTC) has launched a probe into the acquisition of PetroZim's 50% stake by the National Oil infrastructure Company of Zimbabwe (Noic), NewsDay reported.In an int...

By Staff reporter | Published: 16 July 2018

POLITICS

No red carpet for Mugabe at his airport

FORMER President Robert Mugabe limped home to the humiliation of being consigned to watching his successor President Emmerson Mnangagwa's reception party wait to receive him complete with a spread out...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Mthwakazi petition Pick n Pay HQ in South Africa

A delegation of Mthwakazi Republic Party, led by President Mqondisi Moyo handed over a petition to the management of Pick n Pay in Johannesburg. The delegation included, the national spokesperson Mbon...

By Staff reporter | Published: 03 July 2018

BUSINESS NEWS

'Competitiveness eludes Zimbabwe firms'

ONLY 9,7% of firms in Zimbabwe have an internationally recognised quality certificate, a situation that puts local firms on the negative with regards to global competitiveness, a research firm has rev...

By Staff reporter | Published: 03 July 2018

BUSINESS NEWS

Zimbabwe seeks global competiveness

Zimbabwe yesterday launched a policy document that lays the foundation for local products to be competitive globally.Addressing delegates at the launch of Zimbabwe National Intellectual Property Polic...

By Staff reporter | Published: 29 June 2018

TELECOMS & TECHNOLOGY

Film competition unearths talent

ORGANISERS of the Zimbabwe International Film Festival Trust (ZIFFT) said the Smartphone Short Film Competition, launched two months ago, have unearthed rich untapped filmmaking talent among youths fr...

By Staff reporter | Published: 28 June 2018

POLITICS

MDC-T activists petition Chamisa

The Nelson Chamisa-led MDC Alliance members for Shurugwi South have petitioned him to resolve the issue of the parliamentary candidate for the constituency saying they were not comfortable with the se...

By Staff reporter | Published: 22 June 2018

POLITICS

ZEC responds to MDC Alliance petition

THE Zimbabwe Electoral Commission (ZEC) has said some of the items contained in an MDC Alliance petition on electoral reforms are misdirected as they cannot be legally dealt with by the commission. Th...

By Staff reporter | Published: 11 June 2018

POLITICS

Mnangagwa meet Lord Peter Hain

BRITISH Labour Party politician and former Cabinet member Lord Peter Hain has hailed President Mnangagwa's re-engagement with the international community, commitment to good governance and credible el...

By Staff reporter | Published: 31 May 2018

POLITICS

Petina Gappah targets Mukupe in smear campaign?

LAWYER and writer, Petina Gappah, has reportedly been exposed for meddling in Zanu-PF internal affairs, after she allegedly attempted to use a phantom Twitter character to have Finance deputy minister...

By Staff reporter | Published: 24 May 2018

INDUSTRIALS & ENERGY

Global lubricants giant partners Zuva Petroleum

New York Stock Exchange-listed lubricant firm Valvoline has become the latest show of growing confidence by international firms with revelations that it intends to establish a mega-million lubricant p...

By Staff reporter | Published: 19 May 2018

INDUSTRIALS & ENERGY

Petrol price fall likely as ethanol production resumes

Zimbabwe's petrol prices are expected to ease marginally as the country records improved supplies of ethanol after the sole producer, Green Fuel, resumed operations at its plant in eastern Zimbabwe. E...

By Staff reporter | Published: 18 May 2018
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