BUSINESS NEWS

'US ban hurts Marange diamonds'

The Zimbabwe Consolidated Diamond Company (ZCDC) yesterday said the decision by the United States to issue a withhold release order (WRO) for artisanal rough cut diamonds from Marange was impacting ne...

By Staff reporter | Published: 07 November 2019

BUSINESS NEWS

Matsekete replaces Mushosho as Old Mutual CEO

Old Mutual has announced First Capital Bank MD Sam Matsekete as CEO-Designate. This follows Matsekete's resignation from the banking group effective January 1, 2020.He will take over from Jonas Mushos...

By Staff reporter | Published: 07 November 2019

POLITICS

Jonathan Moyo extradition - Interpol frustrating ZRP over?

The ZRP Commissioner General Godwin Matanga has accused the International Criminal Police Organisation (Interpol) of frustrating their efforts to extradite people facing criminal charges in the countr...

By Staff reporter | Published: 22 October 2019

MINING & RETAIL

Tharisa Zimbabwe asset gets Special Economic Zone status

Tharisa PLC on Tuesday said land on which it has special mining grants in Zimbabwe has been designated a special economic zone.A 50,667-hectare area has been given the designation, miner Tharisa said,...

By Alliance News | Published: 22 October 2019

POLITICS

Mnangagwa accuses the clerics of being biased towards Chamisa

AS ZIMBABWE's political and economic crisis deepens, President Emmerson Mnangagwa has suggested that the church is taking sides in the turmoil - while also savaging opposition leader Nelson Chamisa fo...

By Staff reporter | Published: 22 October 2019

OPINION

Mnangagwa must call for referendum

WHILE President Emmerson Mnangagwa has done well in meeting leaders of political parties under Polad, I urge him to go further and meet all stakeholders so as to solve the economic crisis that has env...

By Harry Peter Wilson | Published: 22 October 2019

TELECOMS & TECHNOLOGY

Bill seeks to end child internet abuse

GOVERNMENT is committed to fighting abuse of children on the internet as evidenced by the crafting of the Cyber Crime, Security and Data Protection Bill, Deputy Minister of Information Communication T...

By Staff reporter | Published: 22 October 2019

TRANSPORT & TOURISM

Zimbabwe's travel, tourism business levels drops in first 9 months

Zimbabwe's travel and tourism sector business levels in the first 9 months to September recorded a 5% and 10% drop respectively when compared to the same period last year, with industry officials attr...

By Staff reporter | Published: 18 October 2019

FINANCIAL SERVICES

'Banks should focus on savings deposits'

RESERVE Bank of Zimbabwe (RBZ) deputy governor Jesimen Chipika has urged banks to focus on savings deposits in order to enhance financial support to the productive sectors.Productive sectors of agricu...

By Staff reporter | Published: 18 October 2019

TRANSPORT & TOURISM

Air Zimbabwe using antiquated software

AIR Zimbabwe (AirZim) is using sub-standard business and aviation software instead of recommended enterprise tools owing to the airline's failure to pay service providers, the Zimbabwe Independent can...

By Staff reporter | Published: 18 October 2019

TELECOMS & TECHNOLOGY

Zimbabwe telecoms industry courts Indian investors

Zimbabwe's telecommunications industry is on the verge of obtaining tangible investments from India following a platform the industry had to outline possible lucrative opportunities for business ventu...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Mnangagwa encourages industries to export 20% of their produce

President Emmerson Mnangagwa (pictured) yesterday urged companies and producers to export 20% of their produce to the foreign markets, but retain 80% for local markets.Mnangagwa made the remarks while...

By Staff reporter | Published: 18 October 2019

POLITICS

MDC renews push for diaspora vote

MDC secretary for elections Jacob Mafume, pictured, has said the party will use all legal channels to make sure that people in the diaspora vote in 2023. Mafume told the Daily News that his party will...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Zimbabwe pushes for US$14 bln export earnings by 2030 in National Export Strategy

Government through the National Trade Policy and Export Strategy blueprint is targeting to grow Zimbabwe's export by 10% annually to US$6.4 billion in 2023 and ultimately to US$12.4 billion by 2030 fr...

By Staff reporter | Published: 17 October 2019

POLITICS

Zanu-PF, MDC big guns push for Mnangagwa, Chamisa talks

MANY Zimbabweans have welcomed the tentative moves to end months of political brawling in the country between President Emmerson Mnangagwa and opposition leader Nelson Chamisa - through the holding of...

By Staff reporter | Published: 17 October 2019

POLITICS

Zanu-PF suspends Harare, Bulawayo restructuring

ZANU-PF has suspended its restructuring of Harare and Bulawayo provinces despite completing the setting up of district coordinating com- mittees (DCCs) in the capital city. Last weekend, the ruling pa...

By Staff reporter | Published: 17 October 2019

ECONOMC INDICATORS

Trade deficit widens to US$718m despite 15% rise in export earnings for August

According to the latest Zimstat statistics, Zimbabwe's 2019 trade deficit widened to US$718 million at the end of August, although the monthly deficit fell by 33% to US$39 million from US$58 million i...

By Staff reporter | Published: 14 October 2019

POLITICS

Europe pushes for Mnangagwa, Chamisa talks

THE European Union (EU) is ramping up pres- sure on President Emmerson Mnangagwa to hold much-needed talks with opposition leader Nelson Chamisa. This comes as Mnangagwa is battling to put back on tra...

By Staff reporter | Published: 11 October 2019

MINING & RETAIL

Mnangagwa to launch ambitious US$$12bn mining roadmap next week

PRESIDENT Emmerson Mnangagwa is set to officially launch a roadmap towards achieving an ambitious US$$12bn mining industry in the next four years as government moves to get more value from the capital...

By Staff reporter | Published: 11 October 2019

BUSINESS NEWS

Zimbabwe business, labour confront govt over TNF

GOVERNMENT has been taken to task for failing to take the Tripartite Negotiating Forum (TNF) seriously at a time the country's economic crisis is worsening.The TNF is a social dialogue platform that b...

By Staff reporter | Published: 11 October 2019

BUSINESS NEWS

SECZ suspends stockbroker over possible abuse of client securities

The Securities and Exchange Commission of Zimbabwe has suspended stockbroker Benson Gasura to pave way for investigations into possible non-compliance with the regulator's directive on nominee account...

By Staff reporter | Published: 11 October 2019

POLITICS

Mnangagwa's advisors accused of leaking information

A RECENT report in the Daily News on the deliberations of and the goings-on within the Presidential Advisory Committee (PAC) caused President Emmerson Mnangagwa, pictured, to blow his gasket in a deve...

By Staff reporter | Published: 10 October 2019

MINING & RETAIL

Simbisa Brands shifts focus to growing regional operations

Simbisa Brands invested ZWL$18.4 million in the year ended June 30, 19 on expansion and maintenance of its existing counters to a best-in-class standard as it forges ahead to consolidate its share of ...

By Staff reporter | Published: 10 October 2019

TELECOMS & TECHNOLOGY

Customers rebel against Econet promo

In a development that could redefine the relationship between consumers and various service providers, Econet subscribers made an unprecedented uproar against unsolicited messages from the company adv...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Mthuli Ncube tables ambitious revenue collection figures

TREASURY has tabled an ambitious $14 billion revenue collection target by year 2019, despite only collecting a paltry 35% of that figure in the first half of the year.Revenue collections for the first...

By Staff reporter | Published: 10 October 2019
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