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Zimbabwe forex policy chokes exporters
LISTED agricultural concern Ariston Holdings says the 25% export retention coupled with the huge disparity between the interbank exchange rate and the fair market rate used by suppliers is making some...Published: 31 Jan 2024 at 06:59hrs | 1 | by Staff reporter
Zimbabwe electricity imports down 57%
ZIMBABWE has started reaping savings from reduced energy imports following improved domestic electricity generation mainly from the upgraded Hwange Thermal Power Station and the rising contribution by...Published: 30 Jan 2024 at 04:22hrs | 18 | by Staff reporter
Zapu celebrates 62 years
Zapu is today celebrating 62 years after its formation with the party spokesperson Mso Ndlovu saying they celebrate this milestone, as they continue on their journey to achieve the full emancipation o...Published: 17 Dec 2023 at 11:50hrs | | by Stephen Jakes
NSSA is a vehicle for enriching the powerful whilst exploiting the poor!
I already knew that Zimbabwe was hell and a living nightmare for the vast majority of the ordinary citizenry.I was also fully aware that the powerful were the only ones getting richer and rich...Published: 15 Oct 2023 at 09:49hrs | | by Tendai Ruben Mbofana
Mnangagwa reiterates his call for tolerance and peace
As Zimbabwe prepares for the 2023 harmonised elections, President Mnangagwa has reiterated his call for tolerance and peace, saying constructive criticism and divergent views can spur national develop...Published: 04 Dec 2022 at 08:03hrs | | by Staff reporter
Cold chain supplier InspiraFarms opens regional office in Zimbabwe
InspiraFarms, a European company that designs and supplies coldrooms and packhouses, is setting up its regional office in Zimbabwe, looking to take advantage of what is sees as growth in horticulture ...Published: 26 Sep 2021 at 19:44hrs | 22 | by Staff reporter
Birthday greetings, Zimbabwe
Like yesterday, I remember the day that the late former Rhodesian prime minister Ian Smith declared independence from Britain.I was driving down what was North Avenue in Salisbury (now Harare)...Published: 23 Apr 2021 at 07:28hrs | | by Eddie Cross
Kumbirayi Katsande appointed Old Mutual Zimbabwe board chair
Old Mutual Zimbabwe Limited Board has appointed Kumbirayi Katsande as its Board Chairperson with effect from January 28 this year.Katsande, a seasoned and renowned business practitioner in Zim...Published: 01 Feb 2021 at 19:24hrs | 1 | by Staff reporter
Cyclone Idai weakens Zimbabwe's export competitiveness
ZIMBABWE's export promotion body, Zimtrade has said the country's exports were left uncompetitive after Cyclone Idai destroyed Beira Port leaving companies to use longer routes which are more expensiv...Published: 21 Mar 2019 at 07:49hrs | | by Staff reporter
Tendai Biti's mischief exposed
The recent summoning of the Reserve Bank Governor, Dr John Mangudya, to appear before the Parliamentary Public Account Portfolio Committee (PAC) has exposed Tendai Biti, the Committee Chairman of usin...Published: 12 Mar 2019 at 22:29hrs | 1 | by Staff reporter
We have been patient for 38 years - sorry ED, Zimbabweans don't have anymore patience to give!
I am always seized with amazement everytime anyone in the ruling ZANU PF party, especially its leader Emmerson Dambudzo Mnangagwa, pleads with Zimbabweans to be patient, as the government fixes the ec...Published: 01 Jan 2019 at 12:45hrs | 1 | by Tendai Ruben Mbofana
Zimbabwe economy in safe hands
THE appointment of a leaner Cabinet by President Emmerson Mnangagwa is not only welcome, but also goes a long way in demonstrating that the President listened to the people, mindful of the need to man...Published: 19 Sep 2018 at 07:25hrs | | by Daniel Ngwira
Economic war cabinet
After the noise and deliberate anti-development scheme by the opposition President Mnangagwa has appointed a new well balanced and surprising Cabinet. The nation is very anxious for change and the anx...Published: 15 Sep 2018 at 06:44hrs | | by Dr Masimba Mavaza
Command Agriculture requires $1,3 billion
Zimbabwe's main agro-import substitution programme, commonly referred to as Command Agriculture, requires close to $1,3 billion to take off as the country steps up efforts to raise local production an...Published: 27 May 2018 at 10:08hrs | 7 | by Staff reporter
More externalised funds coming
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says more individuals and companies continue to heed Government's call to repatriate funds salted away in prior years.The RBZ is next w...Published: 27 May 2018 at 10:06hrs | | by Staff reporter
Bigwigs corruption continues unabated
ENTRENCHED corruption and nepotism fuelled by elite members of President Emmerson Mnangagwa's administration despite the so-called "new dispensation" reflects an unabated continuation of unscrupulous ...Published: 20 Apr 2018 at 11:12hrs | | by Staff reporter
A-looter continua: Mutsvangwa's son rewarded by NSSA
THE son of the special advisor to President Emmerson Mnangagwa has been appointed as to the Ariston Holding Limited board by the National Social Security Authority (NSSA).This comes a few mont...Published: 03 Apr 2018 at 17:29hrs | 3 | by Staff reporter
Lets give Chombo a chance - MP
A Harare Zanu PF legislator Terence Mukupe has advised the citizens to stop panicking over the appointment of Ignatius Chombo as the new minister of Finance saying he must be given a chance as the pre...Published: 13 Oct 2017 at 07:25hrs | | by Stephen Jakes
Share ownership schemes empower communities
Since the adoption of the indigenisation and economic empowerment policy by the Zimbabwean Government ten years ago, a number of communities have benefitted from the programme. This has helped t...Published: 19 Sep 2017 at 14:19hrs | 1 | by Nobleman Runyanga
Eddison Zvobgo biography released
The long-awaited biography of Eddison Zvobgo, one of Zimbabwe's most colourful politicians, is out and the 104-page book is bound to fill in a lot of gaps in the history of the war against colonialist...Published: 06 Sep 2017 at 06:46hrs | 1 | by Staff reporter
Cephas George Msipa: A deserving national hero
When President Mugabe conferred on behalf of Zanu-PF and the country, national hero status on the late Cephas George Msipa, he was spot-on.The announcement conveyed to the Msipa family and the...Published: 20 Oct 2016 at 06:57hrs | | by Simon Khaya Moyo
Is Patrick Chinamasa Ready for Ministerial Harakiri?
This year has been pretty hectic for my learned friend and former Cabinet colleague Zimbabwe Finance Minister Patrick Chinamasa. Patrick is a consummate politician, who in spite of the negative pu...Published: 16 Sep 2016 at 10:31hrs | | by Welshman Ncub
Joshua Mqabuko Nyongolo: marking his death on the 1st of July
If I was at home I would be drinking utshwala bamabele, but I am here in Germany where our party Zapu sent us to acquire that education which was to fight economic independence, you said. However, I a...Published: 02 Jul 2016 at 15:33hrs | | by Nomazulu Thata
When masters of tribalism taste their own medicine
Zimbabweans from Matabeleland region have been working and living in South Africa for many decades dating back to the colonial era. But we never heard of any immigrants who were attacked or killed...Published: 04 May 2015 at 11:59hrs | | by Thabo Kunene
VP Mphoko opens up on Gukurahundi - Height of Hypocrisy
Mr Phelekezela Mphoko's interview that appeared in the Sunday Mail of the 15th February is a very provocative and insensitive piece of untruths as far as the gukurahundi/fifth brigade crusade is c...Published: 19 Feb 2015 at 16:15hrs | | by Jacob JD Dube
Mujuru not leaving anything to chance
With the entry into the VP race by Ambrose Mutinhiri, this shows that Mujuru, would not want to leave things to chance by fielding three people from her camp with a strong hope that come December, on...Published: 12 Oct 2014 at 11:30hrs | | by John Songo
Death warrants: Is Mnangagwa playing God
News that Zanu-PF Justice Minister Emmerson Mnangagwa said he will not sign any death warrants because he was once sentenced to death appears to suggest he is now playing God. Of the 97 pe...Published: 26 Aug 2014 at 07:49hrs | | by Dr Clifford Chitupa Mashiri
Global investors head for Imara's Zim conference
Recent lacklustre performance by the Zimbabwe economy has not stopped global investors flocking to the annual conference staged in Harare by Imara Edwards, the country's leading stockbroker and their ...Published: 27 May 2014 at 11:45hrs | | by Business reporter
Hidden positives spur interest in Imara's big Zim event
A spate of under-reported positives is fast turning the latest Zimbabwean investment conference into a much-awaited event with strong pulling power for some seasoned international investors....Published: 27 May 2014 at 07:52hrs | | by Clear distinction
ZSE shares weaken further after heavyweight losses
Heavyweight counters Delta and Econet along with the broader market remained in the red with only 2 counters managing gains out of the 39 counters that traded.The Industrials Index continue to...Published: 02 Jul 2013 at 16:42hrs | | by Business reporter
BancABC settles $10 million debt after losing Supreme Court case
BancABC has settled the nearly $10 million (R86.98 million) owing to Mackie Diamonds after the banking group lost a Supreme Court case.Earlier in the day, property worth millions of dollars ha...Published: 13 Jun 2013 at 05:14hrs | 1 | by Financial Express
Industrials snap record rising streak in midweek trades
Industrials snapped its 6-day record rising streak on Wednesday weighed down by losses in Delta and Innscor as investors recouped profits made over the past week.There were only 5 counters to ...Published: 12 Jun 2013 at 11:44hrs | | by Business reporter
Econet results fail to cheer ZSE shares
ZSE shares were back in the red on Friday after Econet February finals failed to cheer the market with investors flagging a sell-off in the telecoms counter.The Industrials Index eased 0.39 or...Published: 31 May 2013 at 10:51hrs | | by Business reporter
ZSE: Industrials hits fresh all-time high in midweek trades
ZSE's Industrials closed at a fresh all-time high of 205.71 on Wednesday as investors continue to pile into a few selected counters.The Industrials Index...Published: 15 May 2013 at 14:44hrs | | by Business reporter
ZSE shares open week higher on selected heavyweights
ZSE shares reversed last Friday's losses to open the week in the green largely on gains in BAT, Delta, Lafarge and OK Zimbabwe.The Industrials Index rec...Published: 29 Apr 2013 at 11:07hrs | | by Business reporter
ZSE: Industrials snaps 2-day rising streak at week's ending
ZSE shares were back in the negative territory on Friday, breaking a 2-day rising streak in a session where only 5 counters managed gains while 6 traded in the red.Volumes dropped in the sessi...Published: 26 Apr 2013 at 10:44hrs | 1 | by Business reporter
ZSE:- Minings jump 6.45% on upbeat Falgold
Falgold share price jumped 5.99c or 59.84% to 16c after reporting positive gold output figures for the quarter ending March 2013 at its gold mines to help the Minings rise a significant 6.45% to 71.5...Published: 22 Apr 2013 at 10:35hrs | | by Business reporter
ZSE:- Industrials stutters as key blue chips weaken
Industrials stuttered on Tuesday after giving in to losses in heavyweights Econet, Innscor and ...Published: 16 Apr 2013 at 11:59hrs | | by Business reporter
ZSE shares wades back into negative territory
ZSE shares were back in the red on Wednesday as heavyweight counters Hippo and Innscor traded lower to snap the 5-day rising streak.The Industrials Index...Published: 10 Apr 2013 at 10:59hrs | | by Business reporter
ZSE:- Industrials advances on gains in selected heavyweights
Industrials stayed in the positive territory on Thursday sustained by gains in selected heavyweights while inactivity in the resources sector saw the Minings Index...Published: 04 Apr 2013 at 12:56hrs | | by Business reporter
ZSE: Industrials continues to slide as activity improves
ZSE's mainstream Industrials continued to fall in midweek trades but activity improved across the board with a total of 43 counters recording trades out of the active 69 compared with just 29 that tra...Published: 13 Mar 2013 at 12:47hrs | | by Business reporter
ZSE Market Report:- Industrials rebounds at week's end
ZSE's Industrials were back in the positive territory on Friday after gains in Delta managed to cancel out losses in Econet and Innscor.The Industrials Index...Published: 08 Mar 2013 at 10:40hrs | | by Business reporter
ZSE:- Blue chips help Industrials open new week firmer
Heavily capitalised counters Delta, Econet and Innscor extended gains on Monday to help the Industrials open new week in the positive.The Industrials Index...Published: 04 Mar 2013 at 11:14hrs | | by Business reporter
ZSE Market Report:- Industrials rises as blue chips rebound
ZSE's heavily capitalised counters rebounded on Tuesday to help Industrials recover from losses recorded in the past 2 sessbns as buyers trickled back into a few selected counters.The ...Published: 19 Feb 2013 at 11:18hrs | | by Business reporter
Ariston turnover up 26.9% to $5 million in 4 months to January
Ariston's 4 months to January turnover increased by 26.9% to $5.051 million following a successful recapitalisation exercise chief executive officer Paul Spear told the AGM on Friday. "T...Published: 19 Feb 2013 at 11:48hrs | | by Business reporter
Standard Chartered eyes more Zimbabwe private equity deals
Standard Chartered's private equity arm is looking for more deals in Zimbabwe, a senior executive told Reuters on Monday, betting on a rise in consumer spending after years of hyperinflation....Published: 19 Feb 2013 at 08:25hrs | 1 | by Business reporter
ZSE:- Industrials stutters in sluggish Monday trades
ZSE's Industrials opened the new week in the negative territory weighed down by losses in heavyweight Innscor whist Minings rebounded on gains in Falgold and RioZim.The ...Published: 18 Feb 2013 at 10:49hrs | | by Business reporter
Delta Beverages revenue expected to rise by 16%
Delta publishes a trading update for the quarter ending December 31 2012 saying revenue for the quarter October to December is up 14% and 16% year to date supported by improved mix and minimal price...Published: 17 Jan 2013 at 09:14hrs | | by Business reporter
2013: The year to apply Noah's Rule
It is that time of the year again, when everything ceases to make sense. Everything stops being the normal that we know it as. This is the time that you have your friends calling and informing you tha...Published: 08 Jan 2013 at 10:55hrs | | by Anonymous
Delta Beverages hits $1 for the first time on the ZSE
Delta hit $1 for the first time as the market roared to a higher close - there was not a single loser on the day - with one trading session left this year.The Industrials Index rallied 2.1% to...Published: 28 Dec 2012 at 09:55hrs | | by Business reporter
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