OPINION

Mthuli Ncube, spare us those hikes

While ordinary Zimbabweans are bearing the brunt of the high cost of living following the recent fuel price hikes, the situation could get tougher if indications by Finance minister Mthuli Ncube are a...

By Editorial - Newsday | Published: 12 July 2019

TRANSPORT & TOURISM

Air Zimbabwe to import spares duty free

ONGOING efforts to turnaround the operations of Air Zimbabwe have received further boost following revelations that Government recently extended the dispensation for the national air carrier to import...

By Staff reporter | Published: 28 April 2019

POLITICS

Kombi driver spared jail for obstructing Mnangagwa motorcade

An unlicensed Mutare kombi driver in Mutare, who encroached into President Emmerson Mnangagwa's motorcade leading to a Zanu-PF rally at Mutare Aerodrome, was yesterday slapped with a four-month jail t...

By Staff reporter | Published: 27 July 2018

POLITICS

Kazembe's henchmen spared jail for stealing flour

TWO Zanu PF activists in Mazowe West have been convicted and jailed for looting mealie meal and flour worth $12 000 from businessman Tafadzwa Musarara's truck in Concession during party primary electi...

By Staff reporter | Published: 18 July 2018

INDUSTRIALS & ENERGY

Delta revenue sparkles

DELTA Corporation Limited has reported a 40% increase in revenue as a result of an upsurge in all its beverage categories which was driven by higher consumer demand during the first quarter of the yea...

By Staff reporter | Published: 13 July 2018

FINANCIAL SERVICES

Motor, fire policies add spark to non-life insurers' earnings

Profit after tax for non-life insurers more than trebled to $33,63 million in 2017 from the previous year aided by a growth in gross premium written (GPW) and investment income, a new report by the in...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Govt urged to be transparent to attract FDI

Zimbabwe is part of the countries which are lowly ranked in terms of budget transparency, accountability and citizen participation, an expert has said.Speaking on the sidelines of a transparency works...

By Staff reporter | Published: 22 June 2018

MINING & RETAIL

SPAR Kwekwe is open for business

"We are delighted to announce the official opening of SPAR Kwekwe," Moses Chihuri of SPAR Zimbabwe said this week."As we welcome the newest member of the family, we at SPAR Zimbabwe are excited and po...

By Staff reporter | Published: 01 June 2018

POLITICS

Majome's withdrawal sparks anger

The shock withdrawal by Jessie Majome from the MDC primary elections has triggered an outpouring of sympathy and anger from the residents of Harare West constituency who have vowed to derail the oppos...

By Staff reporter | Published: 14 May 2018

POLITICS

Mugabe spared Parly grilling

FORMER President Robert Mugabe has been spared parliamentary grilling today over the multi-billion-dollar corruption in the diamond industry after the hearing was postponed indefinitely."The committee...

By Agencies | Published: 09 May 2018

BUSINESS NEWS

Zim's lack of budget transparency discourages investors

ZIMBABWE has been ranked 23 out of 100 countries (Open Budget Survey 2017) in budget transparency, an unimpressive ranking, which has an effect of pushing away investors and external funding.A recent ...

By Staff reporter | Published: 04 April 2018

BUSINESS NEWS

Zim ranked 23 on budget transparency

ZIMBABWE has been ranked 23 out of 100 countries in terms of budget transparency, according to the 2017 Open Budget Survey.A recent report by the Parliament Budget Office (PBO) said Zimbabwe's budget ...

By Staff reporter | Published: 30 March 2018

BUSINESS NEWS

Malaba ruling sparks outrage among firms

BUSINESS leaders have expressed outrage over the ruling by Chief Justice Luke Malaba yesterday that obliges employers to compensate workers they dismissed on three months' notice three years ago, a de...

By Staff reporter | Published: 29 March 2018

POLITICS

Mugabe's cash demands spark outrage

ZIMBABWEANS from all walks of life have roundly condemned former President Robert Mugabe following startling revelations that he is demanding his pension lump sum in cash after years of getting his s...

By Staff reporter | Published: 12 March 2018

POLITICS

Grace Mugabe's PhD thesis sparks witch-hunt

A witch-hunt is evolving at the University of Zimbabwe (UZ) where academic staff in the Sociology Department are alleging persecution at the hands of the institution's leadership for questioning the m...

By Staff reporter | Published: 29 January 2018

TELECOMS & TECHNOLOGY

Kwese licence limbo sparks unease

Econet Media has reportedly activated its "contractual termination clause" with Dr Dish, the licence holder on the back of whom they were running their Kwese TV services in Zimbabwe.This has had the e...

By Staff reporter | Published: 14 January 2018

BUSINESS NEWS

Govt urges land commission to be transparent

The Government has called on the Zimbabwe Land Commission (ZLC) to be honest and transparent in discharging its duties especially in land dispute resolution.The ZLC was created to ensure accountabilit...

By Staff reporter | Published: 05 September 2017

MINING & RETAIL

Spar Zimbabwe sues packaging company

SPAR Zimbabwe is suing a Bulawayo packaging company for $100 000 in damages for allegedly infringing on its trademark rights by using a trademark similar to theirs.Spar Zimbabwe (Pvt) Ltd, which is re...

By Staff reporter | Published: 14 August 2017

BUSINESS NEWS

'Forex dealing: No one will be spared'

THE Reserve Bank of Zimbabwe is hunting down illegal foreign exchange dealers amid reports that more than US$3 billion was externalised over the past two years.Monetary authorities say the externalisa...

By Staff reporter | Published: 30 July 2017

MINING & RETAIL

Spar Zimbabwe set to expand stores

SPAR Zimbabwe plans to open three supermarkets before the end of this year, bringing the number of new operations it opened during the year to five.According to Spar Zimbabwe managing director, Terren...

By Staff reporter | Published: 07 July 2017

LANDS & AGRICULTURE

Price disparity pushing tobacco farmers to contract

Tobacco auction floors say price differences and the high number of contract floors in the country are threatening their existence as 70 percent of the crop is now produced under contract. Auction flo...

By Staff reporter | Published: 14 May 2014

ZIMBABWE

Weakening rand sparks outcry

THE weakening of the South African rand against the United States dollar has sparked an outcry in Bulawayo and parts of the southern region with some public institutions now refusing payment in rand.A...

By Staff reporter | Published: 24 January 2014

MINING & RETAIL

Zim's Antwerp diamond sale to increase transparency

Zimbabwe's auction today of 300 000 carats of diamonds in the European Union will bring greater transparency in the country's diamond sector.The sale is Zimbabwe's first ever in Antwerp. The Antwerp ...

By BH24-Skynews | Published: 11 December 2013

INDUSTRIALS & ENERGY

SPAR de-merger gains traction

Conglomerate Innscor Africa Limited has begun formal talks for the acquisition of the Western Region SPAR franchise from tycoon, Ray Kaukonde, himself a major shareholder in the cash-rich retail and...

By Staff reporter | Published: 21 October 2013

ZIMBABWE

SecZim calls for greater transparency

The Securities Commission of Zimbabwe (SecZim) says greater transparency and accountability in local companies is critical to increase investor confidence in the capital markets.  Regulatory auth...

By Staff reporter | Published: 07 October 2013
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