BUSINESS NEWS

RBZ integrity called into question

The integrity of the Reserve Bank of Zimbabwe (RBZ) as the regulator of the financial services sector has come under the spotlight as the country battles cash shortages, exchange rate distortions and ...

By Staff reporter | Published: 05 October 2019

POLITICS

Obert Mpofu 'refuses' to answer questions in court

EMBATTLED Zanu-PF secretary for administration and former Home Affairs minister Obert Mpofu yesterday refused to answer questions thrown at him by Ntabazinduna Chief Nhlanhlayemangwe Felix Ndiweni's l...

By Staff reporter | Published: 26 June 2019

POLITICS

MDC to defy Tsvangirai family request

THE Nelson Chamisa-led MDC yesterday said the requirement by the Tsvangirai family not to bring regalia has no effect because all MDC members are also the Tsvangirai family.The family of the late MDC ...

By Staff | Published: 01 May 2019

POLITICS

Funding for Zimbabwe's new Parliament questioned

Zimbabwe is set to receive $165 million of Chinese aid for the full construction of a new Parliament building in Mt Hampden, yet Finance minister Mthuli Ncube has allocated $3,8 million in the 2019 Na...

By Staff reporter | Published: 03 December 2018

BUSINESS NEWS

Zinara committee audit report questioned

The credibility of a report compiled by a committee appointed by former Transport and Infrastructural Development Minister Dr Joram Gumbo to study the findings of an audit by Grant Thornton on the ope...

By Staff reporter | Published: 26 November 2018

BUSINESS NEWS

NatPharm mulls requesting Health Levy Fund in forex

THE National Pharmaceutical Company (NatPharm) is considering requesting Government to avail the Health Levy Fund (HLF) in foreign currency to make the procurement of medical drugs hassle-free. Speaki...

By Staff reporter | Published: 22 November 2018

POLITICS

Mnangagwa's source of multi-million-dollar campaign cash questioned

IN TERMS of funding alone, the ruling Zanu-PF party has clearly had a huge advantage over the competition as campaigning gets into the final stretch for the crunch July 30 elections.Huge billboards an...

By Staff reporter | Published: 22 July 2018

BUSINESS NEWS

BCC approves request for borrowing powers

THE Bulawayo City Council (BCC) has approved a request by its finance and development committee to seek $174 million borrowing powers from the Local Government ministry to undertake various capital pr...

By Staff reporter | Published: 22 July 2018

POLITICS

Zim army dodges questions on power transfer

ZIMBABWE's military, for long accused of dabbling in partisan Zanu-PF politics, yesterday ducked questions on whether they would allow for smooth transfer of power in the event of a victory by an oppo...

By Staff reporter | Published: 05 July 2018

OPINION

Mnangagwa bomb raises more questions than answers

QUESTIONS abound over the weekend explosion that rocked a Zanu-PF rally at White City Stadium in Bulawayo. For starters, the Zimbabwean police seem clueless about both the cause of the explosion and t...

By Lulu Brenda Harris | Published: 28 June 2018

POLITICS

Shamu will not question or judge Mnangagwa

Axed Mashonaland West Provincial Affairs minister Webster Shamu yesterday said he will not question or judge President Emmerson Mnangagwa following his sacking from government on Monday, claiming it w...

By Staff reporter | Published: 24 May 2018

LANDS & AGRICULTURE

FSG questioned over $69m fertiliser deal

FERTILISER, Seed Grain (FSG) managing director, Steve Morland was yesterday questioned by Parliament over how his company got the contract to supply fertiliser to the presidential input scheme, with l...

By Staff reporter | Published: 23 May 2018

POLITICS

Grace Mugabe linked to $5m bribe request

A cabinet minister asked Africa's richest man, Aliko Dangote, for a $5-million bribe on behalf of the Mugabe family, sources told the Sunday Times this week.Robert Mugabe's nephew Patrick Zhuwao is sa...

By Staff reporter | Published: 23 April 2018

OPINION

Chamisa, quest for political endorsement

MDC-T leader Nelson Chamisa stirred controversy during his recent campaign trail in Bulawayo.Chamisa paid homage to prominent political figures and families, among them a respected freedom fighter and...

By Retlaw Matatu Matorwa | Published: 17 April 2018

POLITICS

GMB bosses grilled over questionable appointments

FORMER Agriculture minister Joseph Made has been accused of authorising the payment of $70 000 to Grain Marketing Board (GMB) chairperson, Charles Chikaura and his deputy, Basilio Sandamu for working ...

By Staff reporter | Published: 14 March 2018

BUSINESS NEWS

Quest Motors singing the blues

Quest Motors singing the bluesMUTARE-BASED motor vehicles assembler, Quest Motors is still in the woods despite the dawn of a new era in the southern African country.The Eastern News can report that t...

By Staff reporter | Published: 08 March 2018

POLITICS

Mnangagwa free and fair polls pledge questioned

PRESIDENT Emmerson Mnangagwa's pledge for free and fair elections this year has come under scrutiny, with the opposition and analysts describing the Zanu-PF leader as insincere after he recently claim...

By Staff reporter | Published: 07 March 2018

TELECOMS & TECHNOLOGY

Zim MoMo interoperability raises more questions

ICT minister Supa Mandiwanzira's recent ultimatum to the country's mobile network operators to find a way to make all their mobile money platforms work together raises more questions than answers.Inte...

By Staff reporter | Published: 01 March 2018

BUSINESS NEWS

Govt rejects MPs, chiefs' vehicle requests

GOVERNMENT has turned down requests to buy vehicles for ministers, MPs, chiefs and other top officials that would have cost the country over $300 million.Finance and Economic Development Minister, Pat...

By Staff reporter | Published: 08 December 2017

BUSINESS NEWS

Experts question exclusion of Masiyiwa from SEZs

The Government should allocate specific funding in the national budget and establish a secretariat to facilitate speedy implementation of Special Economic Zones (SEZs), economic experts say.Zimbabwe h...

By Staff reporter | Published: 28 August 2017

POLITICS

Mnangagwa dodges succession questions in Parly

VICE-PRESIDENT Emmerson Mnangagwa yesterday skirted questions relating to the recent public attacks directed at him by First Lady Grace Mugabe, where she demanded that President Robert Mugabe should n...

By Staff reporter | Published: 03 August 2017

INDUSTRIALS & ENERGY

3 bidders shortlisted for Devon Engineering

The fate of Motec Holdings subsidiary, Deven Engineering, hangs in the balance as the group awaits confirmation of funds from the shortlisted bidders.The Industrial Development Corporation (IDC) annou...

By Staff reporter | Published: 10 July 2014

INDUSTRIALS & ENERGY

Quest Motors calls for Govt support

Quest Motors does not require a capital injection but rather Government support through the purchase of the company's wide range of vehicles.Quest Motors Manufacturing Engineering Manager Mr Ezekiel M...

By Staff reporter | Published: 07 July 2014

INDUSTRIALS & ENERGY

'Ban car imports,' says Quest Motors

Quest Motors Manufacturing (Quest) says Zimbabwe must ban car imports.The group - with capacity to produce 105 cars per day and 100 buses monthly - said government should shift its policy towards prom...

By Staff reporter | Published: 04 July 2014

TELECOMS & TECHNOLOGY

Zesa turns down Econet request

Zesa turned down a request by Econet Wireless to sell pre-paid electricity tokens through its mobile money transfer service, EcoCash, saying the third party vending facility was reserved for State-li...

By Staff reporter | Published: 26 May 2014
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