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Kango products rocked by massive salaries slash

WORKERS Treger Products (Pvt) Limited whose subsidiaries are Kango Products, Treger Plastics, Monarch Steel and Zimbabwe Grain Bag have been hard hit by massive employment grades reduction and salarie...Read more

Kango products rocked by massive salaries slash

27 November 2015 | 2028 Views
WORKERS Treger Products (Pvt) Limited whose subsidiaries are Kango Products, Treger Plastics, Monarch Steel and Zimbabwe Grain Bag have been hard hit by massive employment grades reduction and salarie...

by Stephen Jakes

Turkish Airlines to start flights to Zimbabwe

26 November 2015 | 2001 Views
Turkish Airlines is expected to start flights to Zimbabwe next year once negotiations with aviation authorities are concluded, Turkish Ambassador to Zimbabwe Kadir Hidayet Eriş has said.Mr Hi...

by Munesu Nyakudya

Australia refuse to clear Zimbabwe to attend 2017 KPCS meetings

21 November 2015 | 2202 Views
Zimbabwe and Australia have reached a deadlock over the participation of the African country when the western nation assumes the Kimberly Process Certification Scheme (KPCS) chairmanship in 2017.&...

by Staff reporter

Bulawayo Chicken Inn drive-through under construction

17 November 2015 | 3017 Views
INNSCOR'S fast foods division has invested $900,000 in setting up a Chicken Inn drive-through service in Bulawayo.The new outlet is under construction and will be opened next month, Innscor ma...

by Brighton Gumbo

Bulawayo lobbies for bond market headquarters

16 November 2015 | 3042 Views
AS efforts to revive the bond market in Zimbabwe gather moment, Bulawayo businesses are lobbying that the debt market be headquartered in the second largest city.A bond market is a regulated f...

by Prosper Ndlovu

CCZ ask Zera to allow street corners gays dealers

16 November 2015 | 2537 Views
Despite the alarming rates of gas cylinders explosions on the residential and business central districts which sometime inure the people, Consumer Counsel of Zimbabwe has said the street corner gas de...

by Stephen Jakes

PepsiCo franchisees sets up base in Zimbabwe

13 November 2015 | 3363 Views
A ground breaking ceremony for a beverages factory to be set up in Zimbabwe has been held in Harare's Adbernie light industries area.Work on the beverage manufacturing plant initiated by Varun...

by Staff reporter

Govt, NSSA in tussle over Vimpelcom 60% shares in Telecel

13 November 2015 | 2227 Views
Zimbabwe government was recently engaged in hot tussle with the National Social Security Authority (NSSA) over the Vimpelcom 60% shares which were up for grabs in the Telecel Zimbabwe Company....

by Stephen Jakes

Samsung sets base in Zimbabwe

12 November 2015 | 3682 Views
International electronic firm, Samsung, has begun production of television and refrigerator sets in Zimbabwe. The company's country manager, Gavin Claire, confirmed the development but cou...

by Staff reporter

BCC to host SA business delegation

09 November 2015 | 2214 Views
Bulawayo City council will this year host a delegation from South Africa to explore opportunities for business engagement with the neighbouring nation.This was revealed through the latest coun...

by Stephen Jakes

South African rand kicked out of Zimbabwe

08 November 2015 | 14354 Views
The South African rand is being elbowed out of the market on the backdrop of its depreciation against the United States dollar.The rand is part of the multicurrency regime embraced by governme...

by Staff reporter

Choppies Zimbabwe to open 5 more stores by year-end

06 November 2015 | 3893 Views
Retail giant Choppies Enterprises Zimbabwe says it is targeting to open five more supermarkets across the country before yearend.The group opened two supermarkets in Warren Park and Mabvuku th...

by Funny Hudzerema

Toyota recalls 85 cars from Zimbabwe over defects

06 November 2015 | 3463 Views
Toyota Zimbabwe is set to recall 85 units that have been found to have the glitch plaguing the car giant across the globe. This comes following a global recall of 6,5 million vehicles, mad...

by Staff reporter

Marvo workers angry against management

03 November 2015 | 1872 Views
Marvo Stationery workers have expressed concerns over the manner in which they are being treated by the Company.They said it is now clear to us that Soul Mashamba is sabotaging the company on ...

by Stephen Jakes

Lamentations over closure of industries

15 October 2015 | 2376 Views
A social commentator has lamented the massive closure of the industries in the country with much concerns as to why all this has happened when the nation has a viable government.Mike Winston p...

by Stephen Jakes

Zesa to lose $300 million

08 October 2015 | 3049 Views
Due to the power crisis in the country, Zesa is set to lose more than $25 million in monthly revenues. Zesa CE, Josh Chifamba, confirmed that monthly revenue of $25 million would be lost, a fi...

by Staff reporter

Zimbabwe tax defaulters to face the music

06 October 2015 | 1545 Views
Gershem Pasi commissioner-general has said Zimra will toughen its stance on taxpayers that failed to own up under the tax amnesty. A tax amnesty is a limited-time opportunity for a specifi...

by Staff reporter

SHAW conference resolves to involve informal sector in OSH

05 October 2015 | 1760 Views
The Safety and Health at Work (SHAW) Conference, which is hosted each year by the National Social Security Authority, ended on Friday with a resolution to involve the informal sector in occupational s...


Beer prices slashed

01 October 2015 | 2883 Views
Delta Beverages has slashed prices of its mainstream beer products starting today in keeping with the steady commodity price reductions being witnessed across the country.Economic analysts say...

by Staff reporter

'Rebrand Zimbabwe as safe destination for investment'

29 September 2015 | 2741 Views
THE Bankers Association of Zimbabwe (BAZ) says the country needs to implement reforms that will address downward risks to reignite economic growth. BAZ president Sam Malaba said the country requires i...

by Adelaide Moyo

Telecel to take Zimbabwe to international court

28 September 2015 | 3587 Views
AMSTERDAM - Telecel Zimbabwe (Telecel)'s parent company, VimpelCom Limited, says it is preparing to file an international arbitration against government next month after it cancelled its mobile licenc...

by Staff reporter

POSB to issue housing loans

28 September 2015 | 4518 Views
THE People's Own Savings Bank has obtained a licence from the Reserve Bank of Zimbabwe to start a mortgage finance division to tap into growing demand for housing. The mortgage loans period wi...

by Staff reporter

Workers threaten to drag Omnia to court over labour infringements

23 September 2015 | 2331 Views
Fertiliser manufacturing giant, Omnia is accused of unfair labour practices and faces legal actions by employees.The employees claimed that the company is operating without a clear employee gr...

by Stephen Jakes

Guardian Security to reinstate guard fired for crying over her salary

23 September 2015 | 3683 Views
An arbitrator has ordered Guardian Security to reinstate a female security guard whom it fired for complaining over her outstanding salaryAngeline Andiseni was dismissed on allegations of indi...

by Stephen Jakes

'Money alone will not save Zimbabwe'

20 September 2015 | 2458 Views
The International Monetary Fund (IMF) says Zimbabwe needs to create a level playing field for private sector-led growth because just "dumping" money into the country will not resuscitate the ailing ec...

by Staff reporter

Zimbabwe has strong economic fundamentals, but..

15 September 2015 | 3489 Views
Most of South Africa's neighbouring countries are struggling to keep an economic pulse beating, but analysts believe that Mozambique and Zimbabwe could revive in coming years if the stars align....

by Staff reporter

Zimbabwe banking sector safe, says IMF

14 September 2015 | 1723 Views
The local banking sector is safe and free of distressed institutions, the International Monetary Fund (IMF) has said, imploring authorities to further bring down the loans default rate to bolster ...

by Staff reporter

KFC to splash $17 million on Zimbabwe

13 September 2015 | 4749 Views
KENTUCKY Fried Chicken's local franchise plans to spend over US$17 million on 25 new branches over the next five years on the back of better-than-expected performance at Belgravia and Joina City outle...

by Livingstone Marufu

How to calculate Zimra duty on cars

10 September 2015 | 19593 Views
The rate of surtax on the importation of passenger type motor vehicles that are more than five years old at the time of importation was reviewed from 25% to 35% with effect from 1 September 2015. ...

by Staff reporter

Zimbabwe sends delegation to Europe to present its debt repayment strategy

10 September 2015 | 2279 Views
ZIMBABWE is dispatching a team to key four European capitals to present its strategy on dealing with debt arrears to the Paris Club creditors.The team, which is led by Reserve Bank of Zimb...

by Thobekile Zhou

Zimbabweans love Mazda, OK and TelOne - survey

10 September 2015 | 4435 Views
Zimbabweans show that when it comes to price-quality ratio, companies and brands ranging from Mazda, OK and TelOne to Nestlé, Delta and CABS have come out on top in their respective categories in the...

by Staff reporter

Import bans to save Zimbabwe US$80 million per month

09 September 2015 | 3812 Views
Zimbabwe stands to save at least US$80 million per month following the recent proclamation of a ban on second hand clothes and duty hike on used imports.Currently, the nation is spending an av...

by Staff Reporter

IMF, Zimbabwe discuss debt repayment

08 September 2015 | 2563 Views
International Monetary Fund (IMF) Executive Director for Africa, Ms Chileshe Kapwepwe is in the country for meetings centred on Zimbabwe's debt repayment strategies as well as Zimbabwe's economic poli...

by Staff Reporter

Andrew Lunga tipped to head NRZ

03 September 2015 | 2580 Views
FORMER Botswana Railways chief executive officer (CEO), Andrew Lunga, is tipped for appointment as the troubled National Railways of Zimbabwe (NRZ)'s general manager.The parastatal has bee...

by Staff reporter

Radar employees transfer sparks outrage

13 August 2015 | 1899 Views
Radar Metal Industries has transferred the majority of its permanent staff to a private firm which acquired some of its movable assets, sparking outrage among workers who feel they have been cheat...

by Staff reporter

PPC ditching Bulawayo?

12 August 2015 | 1891 Views
PPC has held a groundbreaking ceremony for a new 0.7Mta plant in Msasa, Zimbabwe. The US$80m plant will be the company's second cement facility in the country. Speaking at the event, Njomb...

by Business reporter

New investors contributing to high workplace accidents

22 July 2015 | 5016 Views
The ZCTU departmental head for safety and health, Nathan Banda, has attributed the increase in workplace accidents to the influx of new investors and reluctance by some employers to observe safety...

by Stephen Jakes

ZISO Statement on the Eviction of vendors

11 July 2015 | 4098 Views
The Zimbabwe Informal Sector Organization (ZISO) wishes to express its disdain over the unprofessional, uninformed and spontaneous actions of the recently appointed Minister of Local Government, Natio...


SNV Netherlands Development Organisation in Zimbabwe to Host Bulawayo Solar Fair

09 July 2015 | 4314 Views
SNV Netherlands Development Organisation (SNV) in Zimbabwe is set to host a Solar Fair in Bulawayo this coming Saturday 11th July 2015 at the Large City Hall Car Park.The  Solar ...

by Useni Sibanda

Bread price slash looms

15 June 2015 | 8169 Views
The price of bread could further be reduced as the Grain Millers Association of Zimbabwe (GMAZ) reduced the price of flour by 10 percent.In March bakers reduced the cost of bread from $1 per l...

by Staff Reporter

Arenel shelves $4 million investment plans

07 June 2015 | 4166 Views
THE country's largest biscuit and sweet manufacturer, Arenel has shelved plans to invest more than $4 million in setting up an additional two plants owing to unfair competition exerted by imported...

by Dumisani Nsingo

Cold Storage Company struggles to survive

07 June 2015 | 4211 Views
The Cold Storage Company is clinging to one abattoir and 700 cattle as it struggles to remain afloat, though it is understood a turnaround plan has been placed before Cabinet.Sunday Mail r...

by Stephen Jakes

Busisa Moyo takes over CZI presidency

01 June 2015 | 4281 Views
UNITED Refineries Limited (URL) chief executive officer, Busisa Moyo is the new president of the Confederation of Zimbabwe Industries (CZI), taking over from Charles Msipa.Moyo was elected...

by Staff reporter

Japanese car dealer opens branch in Bulawayo

31 May 2015 | 8260 Views
A LEADING Japanese car dealer, SBT Global Car Exporter, has spread its wings to Bulawayo as it seeks to tap into the growing market of people seeking to buy Japanese cars from the southern parts of th...

by Shepias Dube

Sithembiso Nyoni on collusion course with Grace Mugabe

21 May 2015 | 8969 Views
Minister of Small to Medium Enterprises and Co-operatives Development, Sithembiso Nyoni is bracing for a clash with First Lady, Grace Mugabe after she ordered Masvingo City council to urgently remove ...

by Staff Reporter

Dubai firm target Bulawayo for funding

12 May 2015 | 5718 Views
A DUBAI off-shore lending company - Elbygare Global has offered short and long term finance for Bulawayo City Council's infrastructure projects at a time the local authority is struggling to access af...

by Thobekile Zhou

Trade Fair a success, says ZITF

07 May 2015 | 3316 Views
The 56th edition of the Zimbabwe International Trade Fair (ZITF) ended on Saturday after five days of business and trade. The country's biggest multi-sectoral exhibition, which ran under t...

by Staff reporter

ZITF 2015 begins

28 April 2015 | 4209 Views
GLOBAL attention falls on Zimbabwe this week as the country holds its annual premier multi-sectorial trade showcase - the Zimbabwe International Trade Fair (ZITF) 2015 - which opens in Bulawayo today....

by Prosper Ndlovu

ZCTU gears for workers day celebration

28 April 2015 | 3971 Views
The Zimbabwe Congress of Trade Unions (ZCTU) is gearing itself to mark the workers day celebrations across its  regional centres across the country amid outcry by workers that they have nothi...

by Stephen Jakes

NRZ top brass in cash scam

26 April 2015 | 4889 Views
NATIONAL Railways of Zimbabwe senior management have been accused of  converting non-monetary allowances into cash and pretending they were not getting anything at a time workers have gone for se...

by Stann Reporter

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