Search / Busisa moyo
Mangudya is a thief, he has devalued people's salaries
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya yesterday announced the eagerly awaited monetary policy for 2019, in which he liberalised the trade of foreign currency and effectively declared t...Published: 17 hrs ago | 6719 | by Staff reporter
Busisa Moyo bemoans the extent of damages suffered by Bulawayo businesses
UNITED Refineries' Chief Executive Officer Mr Busisa Moyo has bemoaned the extent of damages suffered by Bulawayo businesses during last month's opposition-led protests. Through his Twitter ac...Published: 12 Feb 2019 at 22:29hrs | 439 | by Staff reporter
Chamisa's ally wants Mnangagwa's govt to pay for Bulawayo looting
Government must pay for the looting that occurred in Bulawayo last month, the secretary-general of the main MDC party Douglas Mwonzora has said.Mwonzora was reacting to sentiments by Zanu-PF p...Published: 11 Feb 2019 at 14:07hrs | 1440 | by Staff reporter
Moyo laments attack on city shops
United Refineries CEO Busisa Moyo has lamented the extent of damages suffered by Bulawayo businesses during the January 14 protests, citing the destruction of retail shops especially in high-density a...Published: 10 Feb 2019 at 06:32hrs | 1108 | by Staff reporter
$19,5 million for looted businesses
GOVERNMENT will avail $19,5 million from a special fund set up to assist businesses that were looted and destroyed during last month's violent protests, a Cabinet Minister has said. Finance an...Published: 09 Feb 2019 at 07:05hrs | 328 | by Staff reporter
Let's give the Presidential Advisory Council a chance
In simple terms, an advisory council is a collection of individuals who bring unique knowledge and skills which augment the knowledge and skills of the formal board of directors in order to effectivel...Published: 31 Jan 2019 at 14:21hrs | 724 | by Peacemaker Zano
Mnangagwa rewards Trevor Ncube and Queen Bee with top posts
President Emmerson Dambudzo Mnangagwa has appointed a 24-member Presidential Advisory Council (PAC) that will advise government on a wide range of sectoral issues including the economy, health, agricu...Published: 30 Jan 2019 at 16:38hrs | 15029 | by Mandla Ndlovu
'Govt subsidies for private players not sustainable'
Government has been warned against clandestine price controls being effected through its stranglehold on foreign currency allocation.Economic analysts said there were companies that were being...Published: 27 Jan 2019 at 19:18hrs | 1347 | by Staff reporter
MDC and ZANU PF MPs team up to feed Bulawayo widows
The MDC Member of Parliament for Nkulumane Kucaca Phulu on Friday partnered with ZANU PF Bulawayo south Member of Parliament Raj Modi to donate groceries to the less fortunate citizens in Bulawayo....Published: 25 Jan 2019 at 14:55hrs | 3503 | by Mandla Ndlovu
Zanu PF is feeling heat of worsen economic meltdown – it is back to blaming sanctions
The Zanu PF regime is beginning to feel the heat generated by the country's worsening economic meltdown. However, instead admitting that the party has no solutions to end the economic hardships ...Published: 10 Jan 2019 at 09:07hrs | 1346 | by Nomusa Garikai
Strive Masiyiwa's call on Zimbabwe sanctions justified
The MDC and other mean-minded elements continue to exhibit highly disingenuous thinking where anyone who is against Western sanctions against Zimbabwe and calls for their removal, is automatically vie...Published: 10 Jan 2019 at 07:40hrs | 381 | by Christopher Makaza
Sanctions must go: Zimbabwe's 2019 clarion call
On 21 December 2001 as the sun was directly overhead of the Tropic of Capricorn in the Southern Hemisphere during the December Solstice, President George W Bush of the United States of America sealed ...Published: 09 Jan 2019 at 13:36hrs | 1154 | by Elijah Chihota
Zimbabweans become more restless
Political analysts have warned President Emmerson Mnangagwa that his government is running out of time to fix the country's worsening economic rot - which has triggered strikes and growing unrest amon...Published: 09 Jan 2019 at 13:01hrs | 1754 | by Staff reporter
Dzamara's letter to Strive Masiyiwa
Political activist Patson Dzamara has penned a latter to telecoms guru Strive Masiyiwa and his fellow businessmen Trevor Ncube, Busisa Moyo and Shingi Munyeza informing them that their call for the re...Published: 07 Jan 2019 at 15:21hrs | 5750 | by Mandla Ndlovu
Business slams Mthuli Ncube's forex committee
BUSINESS leaders say the setting up of a forex allocation committee by government will not solve the prevailing foreign currency crisis.Finance minister Mthuli Ncube last Friday set up a forex...Published: 07 Jan 2019 at 08:39hrs | 1690 | by Staff reporter
Strive Masiyiwa reiterates call for sanctions removal
ECONET founder and executive chairman Mr Strive Masiyiwa yesterday vowed to stand by the people of Zimbabwe, reiterating his call for the removal of illegal sanctions imposed by Western nations in 200...Published: 05 Jan 2019 at 11:05hrs | 670 | by Staff reporter
United Refineries gets export permit
ONE of the country's leading cooking oil and soap manufacturers, United Refineries Limited (URL) will resume cooking oil exports to Namibia soon as it forges ahead to grow its foreign currency coffers...Published: 30 Dec 2018 at 10:18hrs | 679 | by Staff reporter
Mnangagwa, Chamisa steal Christmas Joy
Long-suffering Zimbabweans are once again facing a bleak Christmas and New Year season - with the majority of the country's citizens jobless, penniless, hopeless and unable to afford even the most bas...Published: 16 Dec 2018 at 14:00hrs | 807 | by Staff reporter
'Blacklist firms engaged in corruption'
GOVERNMENT has been urged to blacklist companies engaging in corrupt activities as part of its drive to fight graft. Industrialist, Mr Busisa Moyo, said corruption discourages fair competition...Published: 12 Dec 2018 at 05:21hrs | 348 | by Staff reporter
Prophet Makandiwa advises govt to adopt rand
The church has also waded into the economic debate with United Family International Church leader Prophet Emmanuel Makandiwa weighing into the growing calls for government to consider the option of us...Published: 03 Dec 2018 at 16:59hrs | 4815 | by Staff Reporter
Govt rules out price controls
Government will not impose price control measures, but employ a host of strategies to ensure commodity prices are stable and that there will be adequate supplies, Industry and Commerce Minister Mangal...Published: 20 Nov 2018 at 05:34hrs | 1112 | by Staff reporter
Supermarkets to be blacklisted over cooking oil
The Chief Executive Officer of United Refineries Busisa Moyo has revealed that they will be blacklisting retailers who are buying cooking oil in bulk from them and hoarding it instead of selling it t...Published: 05 Nov 2018 at 11:11hrs | 4818 | by Mandla Ndlovu
Mnangagwa confronted over Lumumba
President Mnangagwa yesterday held candid discussions with captains of industry, retailers, bankers and consumers with a view to locate challenges and possible solutions to problems faced in prod...Published: 30 Oct 2018 at 05:51hrs | 22323 | by newzimbabwe.com
Brand Zimbabwe a hard sell, says business leaders
Former Confederation of Zimbabwe Industries president Busisa Moyo says Brand Zimbabwe is still a work in progress and is facing challenges that require a collective effort to surmount."The pro...Published: 30 Oct 2018 at 05:28hrs | 1002 | by Staff reporter
Zimbabwe producers in panic mode, rush to offload stockpiled goods
Some manufacturers of basic commodities are reportedly in panic mode, amid indications they are now desperate to immediately off-load the products they have been allegedly stockpiling in the last few ...Published: 28 Oct 2018 at 09:05hrs | 6473 | by Staff reporter
Zimbabwe companies expected to close shop, massive job losses loom
The lifting of a protectionist policy introduced by former president Robert Mugabe's regime last year to promote local production could see companies closing shop, resulting in massive job losses, ind...Published: 25 Oct 2018 at 14:09hrs | 3218 | by Staff reporter
Sugar, cooking oil flood black market
The parallel market for basic commodities is flourishing again in Bulawayo as shortages blamed on a controversial government tax on electronic money transactions and foreign currency crisis worsens th...Published: 21 Oct 2018 at 09:43hrs | 944 | by Staff reporter
Agricultural productivity a panacea to Zimbabwe's economic revival
Zimbabwe's economy is hinged on agriculture which feeds a number of downstream industries that process agricultural produce into various foods for both humans and livestock. The revival of this sector...Published: 16 Oct 2018 at 15:15hrs | 631 | by Elijah Chihota
Retailers rip off panic-stricken consumers
Retailers reportedly ripped off panic-stricken consumers by arbitrarily hiking the cost of basic commodities despite getting supplies from manufacturers at normal prices.Moreover, tariffs for ...Published: 14 Oct 2018 at 08:08hrs | 1844 | by Staff Reporter
Mthuli Ncube fuelled parallel market rates, price increases
UNCERTAINTY hangs over the future of bond notes and real time gross settlement (RTGS) transfers, as more businesses are rejecting the two payment methods and the economy is effectively re-dollarising....Published: 11 Oct 2018 at 18:20hrs | 5042 | by Staff reporter
Cooking oil producers say supply is adequate
At a time the country is battling cooking oil shortages, oil producers say they have sufficient crude oil to meet demand.United Refineries, the edible oils producer said it received close to 1...Published: 11 Oct 2018 at 06:45hrs | 1860 | by Staff reporter
'Rand answer to Zimbabwe export competitiveness'
ZIMBABWE needs to adopt a soft currency like the South African rand as reference exchange money to become competitive and attract the much-needed foreign direct investment, economics researcher and bu...Published: 08 Oct 2018 at 06:16hrs | 2357 | by Staff reporter
Outcry over Mthuli Ncube's new tax regime
CAPTAINS of industry and ordinary consumers yesterday implored Government to reconsider its new tax regime saying it will increase the cost of production and add more burden to citizens. Annou...Published: 03 Oct 2018 at 07:21hrs | 588 | by Staff reporter
Fixing Zimbabwe doable but ‘very hard', experts say
THE job to rebuild Zimbabwe's broken economy is achievable, although it will take time and sacrifice from all stakeholders, analysts and Reserve Bank of Zimbabwe governor John Mangudya say.Thi...Published: 27 Sep 2018 at 14:05hrs | 826 | by Staff reporter
Black market rates soar
The bond note has continued to lose ground on the black market, with rates reaching a staggering 100 percent to the United State dollar yesterday.Last week, the bond was trading below 90 perce...Published: 15 Sep 2018 at 21:53hrs | 4485 | by Staff reporter
Zimbabwe urgently needs $4bn bailout package
Zimbabwe needs up to $4 billion to avert a looming currency crisis that could unleash economic havoc, with the new Cabinet urged to take tough decisions to increase confidence in the economy.P...Published: 09 Sep 2018 at 17:08hrs | 615 | by Staff reporter
Industrialist defends bond notes
INDUSTRIALIST and United Refineries chief executive officer Mr Busisa Moyo has defended the bond note, saying the surrogate currency has never been a problem for business.Writing on his Twitte...Published: 23 Jul 2018 at 06:46hrs | 298 | by Staff reporter
United Refineries Limited adopts food fortification
GIANT agro-processor United Refineries Limited (URL) has adopted food fortification as part of its long term business model in keeping with the country's nutrition policy and global trends.Foo...Published: 28 Jun 2018 at 07:03hrs | 304 | by Staff reporter
Govt, industry to meet quarterly
GOVERNMENT has agreed to convene regular meetings with the private sector to discuss issues affecting business in order to unlock economic growth.Responding to a question from the Confederatio...Published: 02 May 2018 at 07:01hrs | 298 | by Staff rpeorter
Trade fair shows signs of recovery
THE Zimbabwe International Trade Fair (ZITF) - considered a barometer of the health of the economy - is showing signs of recovery after years in the doldrums due to prolonged economic problems, a seni...Published: 27 Apr 2018 at 10:11hrs | 1383 | by Staff Reporter
'Chart path towards Zimdollar return'
GOVERNMENT should start developing a clear monetary plan for the introduction of local currency at the appropriate time when necessary measures have been put in place, an official said yesterday....Published: 25 Apr 2018 at 07:00hrs | 359 | by Staff reporter
Forex shortages choking industry growth
The continued shortage of foreign currency is making it difficult for industries to import raw materials for use in their production processes, hampering the growth of manufacturing in Zimbabwe, exper...Published: 23 Apr 2018 at 06:55hrs | 295 | by Staff reporter
Mnangagwa's vision 2030 gets the nod
Zimbabwe's vision to become a middle-income economy by 2030 is achievable if the government invests in productive sectors and implement policies that encourage investment as well as entrepreneurial de...Published: 15 Apr 2018 at 19:04hrs | 1583 | by Staff reporter
Bulawayo wants city-headquartered bank
A NUMBER of business leaders in Bulawayo are planning to come together and form a bank, headquartered in the city, for the benefit of the industry.Speaking at the Bulawayo Investment Conferenc...Published: 26 Mar 2018 at 06:55hrs | 3044 | by Staff reporter
'Bulawayo can achieve $9.4 billion GDP'
BULAWAYO has the potential to achieve $9.4 billion Gross Domestic Product (GDP) alone by 2030 if captains of industry and other stakeholders engage each other and implement resolutions aimed at boosti...Published: 26 Mar 2018 at 06:42hrs | 1060 | by Staff reporter
Externalisation: Mnangagwa gropes in the dark
GOVERNMENT will find it difficult to prosecute corporates and individuals it accuses of illegal externalisation of money as questions arise over the legal framework and the prosecutability of the offe...Published: 23 Mar 2018 at 12:25hrs | 844 | by Staff reporter
United Refineries adds vegetable juice to range
BULAWAYO giant cooking oil manufacturer, United Refineries Limited (URL), has added vegetable juice manufacturing to its wider product mix as it diversifies operations.The agro-processing firm...Published: 15 Mar 2018 at 06:06hrs | 407 | by Staff reporter
Bulawayo sets up Special Economic Zones committee
BULAWAYO has set up a committee to drive implementation of Special Economic Zones (SEZs) model in the city as part of efforts to lure investors and revive ailing industries.The city has alread...Published: 17 Dec 2017 at 23:11hrs | 1685 | by Staff Reporter
Bulawayo's pleas to Mnangagwa
THE BULAWAYO business community has urged the new government led by Emmerson Mnangagwa to come up with deliberate policies that will ensure that the city returns to its former industrial hub status....Published: 03 Dec 2017 at 08:27hrs | 932 | by Staff reporter
Busisa Moyo among the best minds we have in Zimbabwe
Zimbabweans are hard working people. They thrive by all means to make a living . We have young and old people who can bring the glory/light of our nation which will be not hide from other nations, as ...Published: 16 Oct 2017 at 15:30hrs | 4082 | by Enos Denhere
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