POLITICS

Protesters plan Beitbridge Border Post shutdown

Zimbabweans in South Africa are mobilizing for protests that could disrupt operations at the Beitbridge border post, the country's busiest crossing, in response to concerns about Zimbabwe's disputed A...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

No access to internet for 67 ZimPost offices

Sixty-seven post offices in Zimbabwe do not have internet access, the Abridged sector report for the second quarter has revealed.Potraz has been working on bridging the digital divide between the rura...

By Staff reporter | Published: 10 October 2019

TELECOMS & TECHNOLOGY

Telecoms sector posts revenue growth

Zimbabwe's telecommunications sector registered growth in revenues for the quarter ending June 30, 2019, mainly on the back of upward tariff reviews as economic headwinds persisted. The sector, like a...

By Staff reporter | Published: 07 October 2019

FINANCIAL SERVICES

CBZ posts 300% jump in net profit

ZIMBABWE'S largest financial services group CBZ Holdings Limited recorded a 301% increase in profit-after-tax to ZWL$137,4 million in the six months ended June 30, 2019 from a comparative 2018 of ZWL$...

By Staff reporter | Published: 01 October 2019

POLITICS

Parirenyatwa's criminal abuse case postponed over 'new developments'

CITING the emergence of new developments, the State yesterday sought postponement of the matter in which former Health minister David Parirenyatwa allegedly removed from her position, Natpharm managin...

By Staff reporter | Published: 03 July 2019

BUSINESS NEWS

Chasi posts R139 million proof of payment to Eskom on Twitter

Zimbabwe's energy minister Fortune Chasi was on Tuesday forced to put the proof of the country's US$10m (R139m) payment to Eskom on his twitter account, after earlier claims of having paid was refuted...

By Staff reporter | Published: 02 July 2019

CONSTRUCTION & PROPERTY

Lafarge emerges from loss position to post US$1,3m profit

Lafarge Cement Zimbabwe Limited reversed its prior year-after-tax loss of US$0,6 million to a profit margin of US$1,3 million in the year-ended December 31, 2018, driven by growth in revenue and an e...

By Staff reporter | Published: 03 May 2019

POLITICS

Chamisa's MDC allocates posts to ex-G40 cadres

FORMER members of the deposed Generation 40 (G40) faction have secured positions in the opposition MDC party's Harare provincial executive. G40 is a Zanu-PF faction that worked tirelessly to secure fo...

By Staff reporter | Published: 30 April 2019

FINANCIAL SERVICES

Stanchart posts 38% improvement in profit-after tax

STANDARD Chartered Bank Zimbabwe (Stanchart) has posted a 38% increase in profit-after-tax to US$18,36 million in the full year ended December 31, 2018, driven by the bank's digitisation strategy.The ...

By Staff reporter | Published: 26 April 2019

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

BUSINESS NEWS

Travellers hail Beitbridge border post authorities

ZIMBABWEANS and travellers from South Africa have commended authorities at Beitbridge Border Post for embracing border efficiency management systems which has resulted in improved service this festive...

By staff reporter | Published: 21 December 2018

TELECOMS & TECHNOLOGY

Telecoms sector posts 9,2% profit

Zimbabwe's postal and telecommunications sector registered a 9,2 percent revenue growth in the third quarter to September, 2018 on the back on increased usage of data and internet. In its Postal Telec...

By Staff reporter | Published: 21 December 2018

BUSINESS NEWS

Businesswoman's trial for 'externalising' $6m postponed

THE trial of a Bulawayo businesswoman who has been on the police wanted list for allegedly externalising more than $6 million to Botswana, has been postponed to January 25 next year. Delny Deanna Ashl...

By Staff reporter | Published: 19 December 2018

BUSINESS NEWS

Johane Masowe apostolic sect in land wrangle

JOHANE Masowe Echishanu Nyenyedzi Nomwe Church has approached the High Court challenging an order given to expelled church members empowering them to be the rightful owners of a housing co-operative f...

By Staff reporter | Published: 17 December 2018

POLITICS

Mugabe ally's trial postponed to next year

THE trial of former Midlands Provincial Affairs minister Jason Machaya, which has failed to take off on several occasions, has been rolled over to next year.The trial had been scheduled to kick off ye...

By Staff reporter | Published: 06 December 2018

POLITICS

Zimbabwe post-election violence Commission relied on post-mortem evidence

THE commission of inquiry into the August 1 post-election violence that resulted in the fatal shooting of six civilians by the military has claimed that it captured 90% of evidence, particularly post-...

By Staff reporter | Published: 03 December 2018

POLITICS

Zimbabwe post-election violence probe team slams critics

The seven-member Commission of Inquiry into the post-elections violence that claimed six lives and left property worth of millions dollars destroyed in Harare, has slammed its critics and defended the...

By Staff reporter | Published: 03 December 2018

BUSINESS NEWS

Zimpost enters new era

The new Government led by President Mnangagwa is committed to the growth of the postal and courier services sector and ultimately the provision of the same to all, Information Communication Technology...

By Staff reporter | Published: 28 November 2018

POLITICS

Mzembi's trial postponed again

THE trial of former Foreign Affairs minister Walter Mzembi, who is facing charges involving theft of trust property worth $1,8 million, has been moved to December 4, after the court was advised that h...

By Staff reporter | Published: 27 November 2018

POLITICS

Politburo meeting postponed

THE Zanu-PF Politburo meeting which was set to be held in Harare tomorrow to discuss a number of issues ahead of the party's national people's conference in December, has been postponed to December 5....

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Micro-finance sector posts strong performance

THE microfinance credit-only sector has posted a strong financial performance for the first nine months of the year despite operating under a challenging environment, according to Zimbabwe Association...

By Staff reporter | Published: 26 November 2018

FINANCIAL SERVICES

MFIs post $9,8m profit despite tough economic environment

DESPITE the tough economic environment, credit microfinance institutions (MFIs) posted $9,8 million profit in the first nine months of 2018 on the back of increased demand for micro loans by individua...

By Staff reporter | Published: 21 November 2018

INDUSTRIALS & ENERGY

Simbisa postpones LSE listing

SIMBISA Brands has postponed its planned secondary listing on the London Stock Exchange (LSE)'s Alternative Investment Market (AIM) to a later date.The country's largest fast-food restaurant operator ...

By Staff reporter | Published: 30 September 2018

POLITICS

Top govt posts for Khupe?

Speculation is rife between the MDC led by Thokozani Khupe that its leader could be earmarked for a diplomatic posting in President Emmerson Mnangagwa's government. This follows claims on social media...

By Staff reporter | Published: 17 September 2018

POLITICS

Mudenda retains Speaker of Parliament post

Zanu-PF Politburo member Advocate Jacob Mudenda was yesterday voted as the Speaker of the National Assembly to retain the post he held in the previous Parliament, after beating MDC Alliance's Ms Pauri...

By Staff reporter | Published: 12 September 2018
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