Search / Cost-cutting
UK ready to fight Russia in Eastern Europe
Britain's armed forces would be ready to fight their Russian counterparts "tonight" if Vladimir Putin invades another Eastern European nation, a top U.K. military chief said Thursday."If the B...Published: 22 Nov 2024 at 16:46hrs | 2108 | by Staff reporter
Zimbabwe govt sinks in deep financial hole
The recent 43% devaluation of Zimbabwe's Zimbabwe Gold (ZiG) currency has exacerbated the government's financial crisis, leaving it struggling to meet its obligations while civil servants and other pu...Published: 19 Nov 2024 at 13:38hrs | 7666 | by Staff reporter
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1197 | by Staff reporter
Building a formidable business amid economic downturns
Businesses face declines in sales and profits during economic downturns. While some businesses during this period fail, some do not only thrive but instead become more formidable. Many of the ...Published: 29 Aug 2024 at 16:01hrs | 158 | by Staff Reporter
On the Money: How Old Mutual is empowering Zimbabwe's farmers
As the Zimbabwe Agricultural Show kicks off under the theme "Cultivating Prosperity. Growing Business. Innovation for Change. Nurturing our Future," a critical component of this year's event is the fi...Published: 29 Aug 2024 at 15:55hrs | 237 | by Staff Reporter
BCC goes solar to light up Bulawayo
In response to the Zimbabwe Electricity Transmission and Distribution Company's (ZETDC) recent shift of tower lights to a prepaid system, the Bulawayo City Council (BCC) has announced plans to install...Published: 15 Aug 2024 at 13:38hrs | 1076 | by Staff reporter
Bulawayo City Council seeks 249 contract guards
The Bulawayo City Council is looking to hire 249 contract security guards aged 18 to 45. These guards will work under the Chamber Secretary's department. Applicants need to have at least an Or...Published: 23 Jul 2024 at 20:48hrs | 1006 | by Staff reporter
Cost-cutting money transfer facility launched
In the wake of liquidity crunch, economic meltdown and massive transaction taxation on remittances, TX Money Transfer has been launched this Wednesday to ease doing of business.The facility ha...Published: 11 Jul 2024 at 14:36hrs | 194 | by Edson Mapani in Buhera
Zimplats shields US$1,8 billion expansion plan
PLATINUM giant Zimplats says the current cost-cutting initiatives aim to lessen the effect of budget cuts on its growth strategy, which includes a US$1,8 billion expansion programme.The compan...Published: 21 Mar 2024 at 08:46hrs | | by Staff reporter
South Africans dumping DStv
MultiChoice's latest annual results show its pay-TV service DStv lost South African subscribers between 31 March 2022 and 31 March 2023.Its subscribers declined from 8.16 million to 8.016 mill...Published: 14 Jun 2023 at 08:31hrs | 2 | by Staff reporter
ZB expands its services to Botswana
THE ZB Financial Holdings Limited (ZB) has expanded its services to neighbouring Botswana as it seeks to grow its regional presence, it has been revealed.Last month, the group announced that i...Published: 24 May 2023 at 06:04hrs | 1 | by Staff reporter
Chisora to use £2m Fury pay-day to keep kids in private school and away from his old dangerous neighbourhood
DEREK CHISORA will use his £2million Tyson Fury windfall to keep his daughters in private school and away from his old dangerous neighbourhood.The 38-year-old heavyweight moved to North Londo...Published: 01 Dec 2022 at 05:02hrs | 3 | by Staff reporter
58 'excess'NRZ guards spared the axe
THE National Railways of Zimbabwe (NRZ) board has revealed that 58 security officers, who graduated on Wednesday, were supposed to be retrenched by the rail company, but were thrown a lifeline after T...Published: 12 Dec 2021 at 19:24hrs | 11 | by Staff reporter
Mnangagwa boasts of UK royalty meetings
PRESIDENT Emmerson Mnangagwa yesterday bragged that he had made a major breakthrough in his re-engagement efforts with leaders of hostile Western nations, some of which have imposed sanctions on Zimba...Published: 05 Nov 2021 at 06:50hrs | 8 | by Staff reporter
EcoCash shrugs headwinds
EcoCash Holdings Zimbabwe Limited, formerly Cassava Smartech Zimbabwe Limited, reported solid operating results for the year ended February 28, 2021, despite strong economic headwinds.EcoCash ...Published: 20 Oct 2021 at 07:39hrs | 1 | by Staff reporter
EcoCash shrugs headwinds to posts solid results
EcoCash Holdings Zimbabwe Limited, formerly Cassava Smartech Zimbabwe Limited, reported solid operating results for the year ended February 28, 2021, despite strong economic headwinds in the country d...Published: 19 Oct 2021 at 06:31hrs | 1 | by Staff reporter
NRZ launches strategic plan
NATIONAL Railways of Zimbabwe (NRZ) management has declared that come 2030 the rail company will dominate the transport industry.This was revealed by NRZ acting general manager, Respina Zinyan...Published: 22 Mar 2021 at 06:12hrs | 1 | by Staff reporter
Slow pace of reforms derailed TSP
The Zimbabwean government recently announced the conclusion of the 2 year Transitional Stabilization Programme (TSP) which will be replaced by the first five year National Development Plan (NDP). TSP ...Published: 11 Oct 2020 at 10:00hrs | | by Victor Bhoroma
Slow pace of reforms derailed TSP
The Zimbabwean government recently announced the conclusion of the 2 year Transitional Stabilization Programme (TSP) which will be replaced by the first five year National Development Plan (NDP). TSP ...Published: 10 Oct 2020 at 12:04hrs | 1 | by Victor Bhoroma
Zanu-PF youths warned against abusing Mnangagwa's name
ZANU-PF National Youth Commissar Godfrey Tsenengamu last Friday warned party youths who abuse President Emmerson Mnangagwa's name to commit crime, saying they will face the full wrath of the law if ca...Published: 24 Jun 2019 at 09:38hrs | | by Staff reporter
Zanu PF youths warned against abusing Mnangagwa's name
ZANU PF National Youth Commissar Godfrey Tsenengamu last Friday warned party youths who abuse President Emmerson Mnangagwa's name to commit crime, saying they will face the full wrath of the law if ca...Published: 24 Jun 2019 at 09:23hrs | | by Staff Reporter
Austerity measures to go next year, says Mthuli Ncube
AUSTERITY measures introduced by government this year will be over by next year when the country starts experiencing economic growth, Finance and Economic Development minister Mthuli Ncube has said....Published: 25 Apr 2019 at 07:04hrs | 2 | by Staff reporter
Chamisa postpones MDC Congress to 2020'?
The much-awaited opposition Movement for Democratic Change (MDC) congress has been postponed to 2020 as senior party leaders consider out of congress settlement, according to 263Chat.A reliabl...Published: 01 Apr 2019 at 22:18hrs | | by 263Chat
'Using Air Zimbabwe will pose logistical problems for Mnangagwa'
Deputy Chief Secretary to the President and Cabinet responsible for presidential communications, George Charamba (GC), has said President Emmerson Mnangagwa will continue to use hired private jets for...Published: 24 Mar 2019 at 14:10hrs | 1 | by Staff reporter
Govt begins receiving applications for voluntary retirement
Government has begun accepting applications for voluntary retirement from civil servants as authorities move to trim its workforce and reduce costs.Voluntary retirement was identified as one o...Published: 17 Feb 2019 at 07:46hrs | | by Staff reporter
New Zimbabwe police structure approved
The Police Service Commission (PSC) has approved a new Zimbabwe Republic Police structure that abolishes the rank of senior assistant commissioner and replaces it with that of Commissioner of Police a...Published: 19 Jan 2019 at 11:07hrs | 1 | by Staff reporter
Zimbabwe police undergoes massive transformation
The Zimbabwe Republic Police (ZRP) is set to undergo major transformation this year as it adopts a new structure and rebrands to win back public confidence. Changes to the ZRP hierarchy will be effect...Published: 03 Jan 2019 at 08:56hrs | | by Staff reporter
End close for ghost workers
GOVERNMENT is expected to scale up its cost-cutting measures with a five percent salary cut for ministers as well as biometric registration of all civil servants coming into effect next week.F...Published: 28 Dec 2018 at 22:26hrs | 1 | by Staff reporter
Equilibrium of the exchange rate needs holistic approach
After being kissed by the devil, one must not be over excited. Instead, they have to count their teeth, lest one or two are missing.Businessman and cleric, Shingi Munyeza was showered with pra...Published: 06 Dec 2018 at 12:26hrs | 1 | by John Sigauke
Thumbs up for Mthuli Ncube
THE cost-cutting measures announced by Finance and Economic Development Minister Professor Mthuli Ncube are expected to restore confidence in the economy while also trimming budget deficit, analysts h...Published: 03 Dec 2018 at 06:47hrs | | by Staff reporter
Mthuli Ncube's budget: The good, bad and ugly
In September, while meeting fund managers in New York, Finance minister Mthuli Ncube said what the economy needed was a "big bang", a shock to the system. A week later, he brought that big bang; on th...Published: 26 Nov 2018 at 06:08hrs | 1 | by NewZWire
Government fires 2 917 'Green bombers'
Government has finally announced that it will be retiring 2 917 Youth Officers who are still on government payroll be end of December 2018.Addressing Parliament on Wednesday Minister of ...Published: 22 Nov 2018 at 15:51hrs | | by Mandla Ndlovu
Mthuli Ncube's chance to shine
ALL eyes are on Finance and Economic Development Minister Professor Mthuli Ncube as he presents his 2019 National Budget proposals in Parliament today, the first in the Second Republic. The Bu...Published: 22 Nov 2018 at 05:36hrs | | by Staff reporter
Do magistrates matter in Zimbabwe?
"IT is in the magistrates' courts that justice is tested in its most crucial, most pervasive, most voluminous, most pressurised, and logistically most demanding dimensions – in literally thousands o...Published: 08 Nov 2018 at 05:35hrs | 4 | by Sandra Kayereka
Prophet Makandiwa eyes Shamva Gold Mine
A CONSORTIUM believed to be fronting for United Family International Church (UFIC) leader Emmanuel Makandiwa is bidding to take over the distressed Shamva Gold Mine in Mashonaland Central province....Published: 07 Nov 2018 at 06:19hrs | | by Staff reporter
Austerity begins with the Executive, Mr Mnangagwa
As promised in our previous article, this week we focus on ways in which government can cut expenditure. It is a commonly accepted fact that our government has a weakness when it comes to spending. Go...Published: 01 Nov 2018 at 05:56hrs | | by Paul Kaseke
Mnangagwa cornered over deteriorating economy
PRESIDENT Emmerson Mnangagwa yesterday met captains of industry to tackle challenges in the economy, but the meeting failed to come up with solutions, according to people with knowledge of the meeting...Published: 30 Oct 2018 at 05:33hrs | | by Staff reporter
Tendai Biti always has something to say
The Daily News on Sunday's Pauline Hurungudo sits down for a wide-ranging interview with former Finance minister Tendai Biti, who is also the deputy national chairperson for the MDC, about the state o...Published: 21 Oct 2018 at 14:19hrs | | by Staff reporter
Zanu-PF bigwigs get luxury cars
Zanu-PF is buying luxury cars worth a staggering $5 million for former Cabinet ministers recently deployed to the ruling party's headquarters by President Emmerson Mnangagwa, it has been revealed....Published: 21 Oct 2018 at 10:00hrs | | by Staff reporter
Mthuli Ncube not going back on austerity measures
FINANCE and Economic Development Minister Professor Mthuli Ncube, who is 42 days into his new job, says it is only fair to judge him after six months, adding that he expects the benefits of austerity ...Published: 21 Oct 2018 at 09:40hrs | 1 | by Staff reporter
Mthuli Ncube just the same as Chidzero
Zimbabwe Communist Party secretary genral Ngqabutho Mabhena has said Zimbabwe's Minister of Finance Prof Mthuli Ncube, is no different from the late Minister of Finance Dr Bernard ChidzeroHe s...Published: 06 Oct 2018 at 09:09hrs | 2 | by STep[hen Jakes
Local government elections must be held separately
It's election year again and the usual suspects are out there promising everything to everyone, everywhere they go.Pertinently below the rubble, of harmonised elections lies a very important p...Published: 30 May 2018 at 08:43hrs | | by Dumisani O Nkomo
Govt's pay offer divides teachers
Government teachers have been left divided after their employer dangled a 17, 5 percent salary increase for all civil servants on Thursday following the discord that has been simmering in the public s...Published: 26 May 2018 at 18:36hrs | | by Staff reporter
Govt raises civil service pay offer to 17.5%
GOVERNMENT yesterday further increased its salary offer to civil servants from 15 to 17,5 percent in a move that saw the employer and workers negotiators finally finding common ground and putting pen ...Published: 25 May 2018 at 07:16hrs | 1 | by Staff rpeorter
10% salary increase for civil servants
Government yesterday offered civil servants a 10 percent salary increase with effect from July 1 and rescinded its decision to bar teachers from going on vacation leave.Teachers, who were shor...Published: 08 May 2018 at 07:01hrs | | by Staff reporter
Green bombers' return dents electoral roadmap
REPORTS that President Emmerson Mnangagwa's administration has agreed to re-engage the controversial national youth service graduates into the public service are cause for concern, and cast aspersions...Published: 13 Apr 2018 at 07:36hrs | 1 | by Staff reporter
3,200 'Green Bombers' bounce back
PRESIDENT Emmerson Mnangagwa's government has made a U-turn and re-engaged Zanu-PF's dreaded national youth service graduates, derisively called known as Green Bombers to their positions as youth offi...Published: 12 Apr 2018 at 07:16hrs | 1 | by Staff reporter
Momentary celebrity cannot erase Zimbabweans' common sense
There is a growing belief amongst the political elite that Zimbabwean voters are devoid of a political soul. That they can be shunted from one political deception to the next, exchanged between elites...Published: 16 Feb 2018 at 08:43hrs | | by Brian T Kagoro
Mnangagwa must enforce stringent austerity measures
During the inclusive government between long-time rivals - deposed president Robert Mugabe and opposition MDC leader Morgan Tsvangirai - a statement which goes; "We eat what we kill" became very commo...Published: 09 Feb 2018 at 13:41hrs | | by Staff reporter
Blood prices slashed
Government has slashed the price of blood at Government health institutions to $50 a pint with effect from today, following the injection of a $4,2 million subsidy from the Health Levy, Health and Chi...Published: 01 Jan 2018 at 09:33hrs | | by Staff Reporter
Load More Stories
