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Delta takes Zimra to court
Zimbabwe's largest beverages producer recently announced its opposition to a US$54.8 million tax claim, labeling it as unjust enrichment for the Zimbabwe Revenue Authority (Zimra). Delta Corporation, ...Published: 18 May 2024 at 12:17hrs | 16 | by Staff reporter
Zimbabwe businesses note low activity
THE business sector has reported a decline in activity since the announcement of the 2024 National Budget in November last year, NewsDay Business has learnt.Most firms found the 2024 Nat...Published: 15 Mar 2024 at 07:20hrs | | by Staff reporter
Mnangagwa jolts Zimbabwe ministers into compromise agreement
PRESIDENT Emmerson Mnangagwa was recently forced to compel 13 ministers who sit in the Tripartite Negotiating (TNF) Forum to urgently attend meetings to discuss solutions to worsening economic hardshi...Published: 16 Oct 2022 at 19:30hrs | 1 | by Staff reporter
Anthony Mandiwanza finally retires
LONG-SERVING Dairibord Holdings chief executive officer, Mr Anthony Mandiwanza, is retiring after serving the company for 34 years, 24 of them at the helm.In a statement on Wednesday, Da...Published: 20 Jul 2022 at 18:19hrs | 7 | by Staff reporter
Currency crisis alarms Zimbabwe business
BUSINESS has expressed alarm over the free- falling Zimbabwe dollar, warning that the foreign currency crisis could plunge the economy into a deeper crisis.The gap has been widening between th...Published: 03 Oct 2021 at 08:16hrs | | by Staff reporter
New brooms at Emcoz
THE Employers Confederation of Zimbabwe (Emcoz) has elected a new executive led by Schweppes executive Demos Mbauya as its president.Mbauya, who takes over from Israel Murefu, who served the m...Published: 28 Sep 2021 at 06:28hrs | | by Staff reporter
Business wary of another lockdown
BUSINESS is dreading the possibility of another Covid-19-induced lockdown which could further imperil operations and result in more job losses.Zimbabwe is in the throes of a third wave of Covi...Published: 25 Jun 2021 at 07:46hrs | | by Staff reporter
TNF talks collapse over US dollar wages
Tripartite Negotiating Forum (TNF) engagements have been thrown into disarray following labour's decision to pull out of a crucial meeting recently, as the standoff over minimum wages intensified....Published: 02 May 2021 at 09:32hrs | | by Staff reporter
Panicky Mnangagwa gives nod to controversial Covid-19 drug
JOLTED into action by the tragic loss of four ministers, President Emmerson Mnangagwa's administration has approved mass importation of anti-parasitic drug Ivermectin to battle Covid-19.Covid-...Published: 29 Jan 2021 at 07:12hrs | 7 | by Staff reporter
Zimbabwe approves anti-parasitic COVID-19 drug
GOVERNMENT has approved mass importation of the veterinary anti-parasitic drug, Ivermectin, as it battles the second wave of COVID-19 infections which have rattled President Emmerson Mnangagwa's admin...Published: 29 Jan 2021 at 06:58hrs | | by Staff reporter
Mnangagwa pleads with business
President Emmerson Mnangagwa this week extended the begging bowl to the private sector to fund the importation of coronavirus vaccines amid a rise in new infections of the virus with deaths breaching ...Published: 28 Jan 2021 at 06:54hrs | | by Staff reporter
Doctor feels vindicated on COVID-19 drug
UNDERFIRE MEDICAL doctor Jackie Stone who has been accused by her colleagues in the medical fraternity for reportedly prescribing unorthodox COVID-19 therapy yesterday said she had been vindicated aft...Published: 28 Jan 2021 at 06:34hrs | | by Staff reporter
Zimbabwe testing COVID-19 'drug'
GOVERNMENT is clinically testing anti-parasite drug, Ivermectin in a bid to establish its efficacy in fighting the COVID-19 pandemic. The second wave of COVID-19 currently affecting the countr...Published: 27 Jan 2021 at 06:08hrs | | by Staff reporter
A bad-bye to a bad year
Arsenal's emphatic win over Chelsea at the Emirates stadium on Boxing day lifted my spirits in a tenuous and gloomy year in which the despondent people of this country were boxed down mainly by the tw...Published: 01 Jan 2021 at 19:08hrs | 1 | by Luke Tamborinyoka
Employers group rejects US dollar wage demands
THE Employers Confederation of Zimbabwe (EMCOZ) has rejected demands for US dollar wages by workers insisting such "a one size fits all" approach was not applicable in the local context.This c...Published: 29 Sep 2020 at 07:33hrs | 1 | by Staff reporter
ZCTU's incest with MDC Alliance not best for the worker
The proposals by the leadership of the Zimbabwe Congress of Trade Unions to become formally aligned with a political party, in this case the MDC-Alliance, and to have a quota of seats on the national ...Published: 17 Apr 2019 at 06:55hrs | | by Editorial - The Herald
'Exploit Mnangagwa's openness'
EMPLOYERS have been advised to take advantage of President Mnangagwa's keenness to engage and ensure regular meetings with Government to influence policy and drive economic prosperity, a labour expert...Published: 27 Mar 2019 at 22:47hrs | | by Staff reporter
RTGS dollars not new currency, says RBZ
The recently introduced RTGS dollars are not new currency, but merely a "formalisation" of transaction platforms that already existed in the country, according to the Reserve Bank of Zimbabwe deputy d...Published: 22 Mar 2019 at 06:53hrs | | by Staff reporter
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: 21 Feb 2019 at 07:33hrs | | by Staff reporter
Zimbabwe FCA deposits hit US$600m
The decision to separate real time gross settlement (RTGS) foreign currency accounts from actual United States dollar accounts is beginning to pay dividends amid indications that deposits for the latt...Published: 18 Feb 2019 at 23:05hrs | | by Staff reporter
Employers to meet Labour minister
EMPLOYERS Confederation of Zimbabwe (Emcoz) will this month hold a crucial meeting with Labour minister Sekai Nzenza over the state of the economy.The meeting comes at a time the economy is ex...Published: 07 Feb 2019 at 07:45hrs | | by Staff reporter
Zimbabwe currency volatility not good for recovery plan
THE 2019 National Budget presented by Finance minister Mthuli Ncube, though commendable for putting in place fiscal austerity and fiscal consolidation measures to contain the widening fiscal deficit, ...Published: 30 Nov 2018 at 09:47hrs | | by Staff reporter
Turmoil rocks Zimbabwe collective bargaining
COLLECTIVE bargaining in 2019 will be dampened by the persisting currency volatility crisis which has unnerved the market.Finance minister Mthuli Ncube pronounced in the 2019 National Budget t...Published: 30 Nov 2018 at 09:29hrs | | by Staff reporter
Anchor wage talks on 10% inflation: RBZ
The Reserve Bank of Zimbabwe (RBZ) says employers and labour unions should anchor any wage negotiations for next year on the projected 10 percent year-on-year inflation. This emerged during the 6th an...Published: 27 Nov 2018 at 05:40hrs | | by Staff reporter
Zimbabwe informal sector rises to 95%
The number of Zimbabweans earning a living from the informal sector rose to 95 percent in 2014 from 84 percent in 2011, a new study by the International Labour Organisation (ILO) has revealed....Published: 16 Nov 2018 at 12:27hrs | | by Staff reporter
Zimbabwe teachers take salary fight to IMF
The Progressive Teachers Union of Zimbabwe will be meeting the International Monetary fund five-member mission on Tuesday to Zimbabwe to discuss labour issues.In a letter written by IMF's Beat...Published: 12 Nov 2018 at 13:47hrs | | by Mandla Ndlovu
Zimbabwe companies reject US$ pay demands
Zimbabwe companies reject US$ pay demandsUnder-pressure local companies - reeling from myriad problems which include having to deal with soaring production costs - have rejected demands by unions ...Published: 17 Oct 2018 at 07:19hrs | | by Staff reporter
Business sector to meet Mnangagwa, Chamisa
THE business sector is set to meet both President Emmerson Mnangagwa and MDC Alliance leader Nelson Chamisa separately later this month to establish how they intend to address the structural bottlenec...Published: 15 Jun 2018 at 13:06hrs | | by Staff reporter
Mnangagwa's govt in wages turnaround
GOVERNMENT has made a u-turn on workers' wages, revealing that it now supports productivity-based pay.In a speech read on her behalf at an Employers' Confederation of Zimbabwe (Emcoz) human re...Published: 29 Mar 2018 at 13:57hrs | | by Staff reporter
Mnangagwa inauguration programme
PROPOSED PROGRAMME FOR THE INAUGURATION OF THE PRESIDENT-ELECT OF THE REPUBLIC OF ZIMBABWE CDE EMMERSON DAMBUDZO MNANGAGWA: NATIONAL SPORTS STADIUM: FRIDAY 24 NOVEMBER 20170630 hrs Gates open...Published: 24 Nov 2017 at 05:07hrs | | by Staff reporter
Govt tweaks labour laws to allow casual workers to be deemed permanent after two yrs
GOVERNMENT has tweaked labour laws to allow the Grain Marketing Board (GMB) and ferro-alloy industry employees who have been casual workers for over two consecutive years, to be deemed permanently emp...Published: 03 Sep 2017 at 09:25hrs | | by Staff Reporter
Court rules against paying the sacked
Workers who lost jobs following a Supreme Court ruling which allowed employers to terminate employment contracts on three months notice will not get anything, the High Court has ruled. Gov...Published: 16 Mar 2017 at 10:03hrs | | by Staff reporter
Zimbabwean pensioners in limbo
THE Employers' Confederation of Zimbabwe (Emcoz) says it has no capacity to fund any further increases in pension contributions given the prevailing difficult economic climate.Public Servi...Published: 19 Jan 2017 at 05:59hrs | | by Staff reporter
Capacity utilisation report misleading, say experts
ECONOMIC experts say the 13 percent increase in manufacturing capacity utilisation this year should translate to increased job opportunities.Participants at a tax seminar held in Bulawayo ...Published: 14 Dec 2016 at 05:23hrs | | by Staff reporter
Zanu-PF urged to focus on economy
BUSINESS has urged Zanu-PF party to expend energy on the economy when it meets for the 16th Annual People's Conference and bury internal squabbles once and for all. As the ruling Zanu-PF m...Published: 14 Dec 2016 at 05:15hrs | | by Staff reporter
Jonathan Moyo scandal, employers engage Zacc over Zimdef scam
EMPLOYERS have resolved to engage both the Zimbabwe Anti -Corruption Commission (Zacc) and Higher Education minister Jonathan Moyo in seeking clarity on the allegations levelled against the minist...Published: 05 Nov 2016 at 17:56hrs | | by Staff reporter
Zimbabwean employers mull salary cuts over cash queues
EMPLOYERS are considering docking salaries for workers who squander productive time on cash queues but labour unions say they are prepared to fight such an "injustice" to the hilt. Cash shor...Published: 30 Oct 2016 at 10:35hrs | | by Staff reporter
Employers considering legal action against Jonathan Moyo
EMPLOYERS have thrown their weight behind a court application by a Harare vendor Hardlife Mudzingwa seeking to compel police to arrest Higher Education minister Jonathan Moyo over the alleged abus...Published: 21 Oct 2016 at 15:39hrs | | by Staff reporter
CZI speaks on demos
Business has called for peace and stability in the country, describing these as a prerequisite for economic growth.The call by business comes in the wake of MDC-T and ZimPF-instigated violent ...Published: 06 Sep 2016 at 06:46hrs | | by Lloyd Gumbo
30 companies seek to dodge retrenchment payouts
THE Zimbabwe Congress of Trade Unions (ZCTU) has referred to the Retrenchment Board more than 30 companies seeking exemption from paying retrenchment packages to dismissed workers.Following th...Published: 19 Aug 2016 at 06:22hrs | | by Oliver Kazunga
Opening of bank accounts on the rise
The financial sector has experienced a rise on new accounts from workers after employers directed workers to open bank accounts for easy access of their wages or salaries.The cash challeng...Published: 12 Jul 2016 at 18:05hrs | | by Staff reporter
Retrenched workers might not get exit packages
Thousands of retrenched workers might not get any packages as employers say there is no need for payout because they enjoy other benefits such as pensions and gratuities.Employers claim th...Published: 08 Jun 2016 at 14:48hrs | | by Thobekile Zhou
ZITF dragged to court
TWO former employees of the Zimbabwe International Trade Fair (ZITF) Company have taken it to the Labour Court over non-payment of compensation for loss of employment.Silinganiso Moyo and Ndum...Published: 28 Jan 2016 at 05:44hrs | | by Business Reporter
Zimplats wins top national safety awards
Zimplats has taken the top two places in the Safety and Health at Work (SHAW) national awards. Zimplats Processing Division came first. Ngwarati Mine, which is owned by Zimplats, came second, while Mu...Published: 05 Oct 2015 at 06:26hrs | | by NHPR
Mugabe's government dragged to court
President Robert Mugabe's government has been dragged to court as employers seek to reverse some of the hasty changes made to the country's labour laws in August. Although documents could ...Published: 01 Oct 2015 at 06:47hrs | | by Staff reporter
Employers oppose Labour Amendment Bill
Employers have strongly spoken against the Labour Amendment Bill, which seeks to stop the wanton dismissal of workers on three months' notice, saying the Bill will result in further deterioration ...Published: 20 Aug 2015 at 08:20hrs | | by Staff reporter
Parly debates Labour Amendment Bill, Chinotimba defends fired worker
The amendment of the Labour Act took a step closer today with National Assembly members agreeing that workers must be fairly compensated for service rendered during their employment tenure.The...Published: 18 Aug 2015 at 23:30hrs | | by zbc
Econet mulling a major restructuring exercise
ECONET Wireless Zimbabwe (EWZ) is believed to be mulling a major restructuring exercise through which a sizable chunk of its workforce will be laid off while some business units will be consolidated i...Published: 17 May 2015 at 10:52hrs | | by Staff reporter
Frustrated Zimbabwe professionals retreat to diaspora
Several lecturers and teachers who had returned to Zimbabwe after many years working in the diaspora have been forced to return to foreign lands after battling to secure jobs locally despite a shortag...Published: 15 Feb 2015 at 09:58hrs | | by Philip Chidavaenzi
'Rhodesian garden boys were better than Zim workers of today'
The Zimbabwe Congress of Trade Unions (ZCTU) says the standard of living for the majority of workers in the country has fallen below that of people who worked as "garden boys" and housemaids for the w...Published: 10 Aug 2014 at 09:43hrs | | by Staff Reporter
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