SOCCER

Chiyangwa accused of destabilising Zifa

ZIFA president Felton Kamambo has accused former association boss Philip Chiyangwa of destabilising the association, alleging that the businessman held a meeting with some board members, where they di...

By Staff reporter | Published: 18 hours ago

POLITICS

Man tries to pay duty with fake US$ notes

A 25-YEAR-OLD man from Bulawayo has been arrested at Beitbridge Border Post for attempting to pay duty using fake United States dollar notes. Givemore Tshuma of Nketa suburb, who was supposed to pay a...

By Staff reporter | Published: 18 hours ago

BUSINESS NEWS

Money changer loses US$4 000 to armed robbers

AN illegal money changer from Emganwini suburb in Bulawayo lost more than US$4 000 to seven gun-totting robbers who raided his home while he was sleeping early yesterday morning. The suspects, who wer...

By Staff reporter | Published: 18 hours ago

BUSINESS NEWS

Zimbabwe govt avails US$400m credit facility

GOVERNMENT has swiftly moved to avert a potential catastrophe by availing an emergency US$400 million credit facility to manufacturing companies for the importation of critical raw materials, the Zimb...

By Staff reporter | Published: 18 hours ago

ZIMBABWE

Zimbabwe equities market suspends trade

TRADING on Zimbabwe's equities market was suspended this week after mass protests and civil unrest unnerved investors in a week punctuated by clashes between state security agents and protestors in mo...

By Staff reporter | Published: 19 hours ago

INDUSTRIALS & ENERGY

Imports push fridge makers to the edge

THE local refrigerator-manufacturing industry needs protection from imports as it is now cheaper to import than manufacture, a leading player, Capri, has said.The fridge maker, which ceased operations...

By Staff reporter | Published: 19 hours ago

BUSINESS NEWS

Chiwenga slams use of social media to cause panic buying

ACTING President Constantino Chiwenga has castigated abuse of social media to cause panic buying of fuel and other basic commodities. Officiating at the launch of the second phase of the centre pivot ...

By Staff reporter | Published: 11 January 2019

BUSINESS NEWS

Bond notes unsustainable, fuel inflation, claims Fitch

Fitch Solutions, the macro-economic arm of global rating agency says Zimbabwe's currency regime is highly unsustainable and will continue to fuel inflationary pressures going forward.In 2009, the sout...

By Staff reporter | Published: 08 January 2019

POLITICS

Sibusiso Moyo back at work

Foreign Affairs minister Sibusiso Moyo yesterday made his first appearance in months following his battle with a kidney ailment last September.Moyo made a surprise appearance at the State House, where...

By Staff reporter | Published: 04 January 2019

BUSINESS NEWS

Mthuli Ncube refuses to relax tax thresholds

Finance minister Mthuli Ncube has refused to relax non-taxable income thresholds to $400 saying Treasury needs every penny it can raise to respond to the tough budgetary environment.In his 2019 nation...

By Staff reporter | Published: 02 January 2019

BUSINESS NEWS

Chiwenga's statement on the ongoing industrial action in the Health Sector

Following a series of meetings involving striking Health Workers and their employer, the Health Services Board, Government is gravely concerned that the situation in our country continues to deteriora...

By Staff reporter | Published: 02 January 2019

POLITICS

'Zimbabwe diplomats live in dilapidated houses'

Zimbabwe diplomats in various countries are living in dilapidated houses, Parliamentary portfolio committee on Foreign Affairs and International Trade has revealed.In a report presented in the Nationa...

By Staff reporter | Published: 02 January 2019

POLITICS

'Intern' doctors refuse to return to work

The negotiations between health workers and Government yesterday failed to lure striking doctors back to work as they insisted on their demands despite the employer offering to review their allowances...

By Staff reporter | Published: 01 January 2019

CONSTRUCTION & PROPERTY

Property developers demand US dollars

Property developers are demanding payment in US dollars for residential stands or houses in a development that might further exclude ordinary people from owning houses. The development flies in the fa...

By Staff reporter | Published: 01 January 2019

BUSINESS NEWS

Man caught with fake customs stamps in Beitbridge

The Department of Immigration and other border agencies have arrested a 30-year-old man believed to be part of a syndicate using fake immigration and customs stamps to clear travellers and goods betwe...

By Staff reporter | Published: 01 January 2019

POLITICS

Mthuli Ncube must resign, demand teachers

THE Amalgamated Rural Teachers' Union of Zimbabwe (ARTUZ) is calling on Zimbabweans, the employed and unemployed alike, to besiege Finance minister Mthuli Ncube's office on January 7, 2019 to demand h...

By Staff reporter | Published: 31 December 2018

BUSINESS NEWS

No investors for Amaveni long-distance bus terminus

Kwekwe City Council is still failing to attract investors at the now defunct Amaveni Long Distance bus terminus as city fathers were still deciding what to do with the idle property, several years aft...

By Staff reporter | Published: 31 December 2018

BUSINESS NEWS

Electronic transactions usage in remote areas surges

THE use of mobile and Internet-based transactions in remote areas has been on an upward trajectory with the generality of the country's populace embracing modern modes of payment.A snap survey in most...

By Staff reporter | Published: 30 December 2018

INDUSTRIALS & ENERGY

Simbisa Brands discounts US$ customers

LISTED quick-service restaurant business, Simbisa Brands, has resolved to offer discounts on its prices to customers who pay in US dollars to enhance the entity's foreign currency earnings. In an oper...

By Staff reporter | Published: 21 December 2018

POLITICS

Business skills training for war vets

THE National Business Council of Zimbabwe (NBCZ) has embarked on nationwide capacity-building and training programmes for war veterans to venture into sustainable income- generating projects with the ...

By Staff reporter | Published: 21 December 2018

BUSINESS NEWS

Zimra's US$7 billion forecast

The Zimbabwe Revenue Authority (ZIMRA) is projecting strong growth in revenue collection to at least US$7 billion within the next five years supported through their five year strategic plan  that...

By Staff reporter | Published: 20 December 2018

POLITICS

Mnangagwa fails to shake off Mugabe dust

When President Emmerson Mnangagwa took over from former president Robert Mugabe, he was received with much zeal and hope.In his inaugural speech, he promoted the slogan the "Voice of the people is the...

By Staff reporter | Published: 20 December 2018

POLITICS

Zanu PF councillor threatens to kill businessman

ZANU PF councillor for Mberengwa ward 35 has been slapped with a $150 fine or an alternative three-month jail term for threatening to kill a local businessman.Kufazvinei Mzezewa (37) of Honyobwe in Mb...

By Staff reporter | Published: 20 December 2018

POLITICS

Mthuli Ncube accuse Chamisa's MPs of being dishonest

FINANCE Minister Mthuli Ncube yesterday accused opposition MPs of being dishonest by insisting that people are not happy with the 2% levy on electronic transactions, claiming the new tax has widely be...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

66% of firms to pay 2018 bonuses

A SURVEY has revealed that 66 percent of local firms will pay bonuses this year, an increase of 16 percent from last year. The survey by Industrial Psychology Consultants covered a sample of 71 compan...

By Staff reporter | Published: 20 December 2018
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