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Millers mobilise $20bn for maize procurement
Senior Business Reporter THE Grain Millers Association of Zimbabwe (GMAZ) has mobilised $20 billion under a pre-payment arrangement with Government to bankroll maize procurement by the Grain Marketing...Published: 12 hrs ago | 478 | by Staff Reporter
Mid-term budget stakeholder consultations underway
TREASURY in the process of consultations on the upcoming mid-term fiscal review and the 2022 Budget Strategy paper (BSP) from key stakeholders. The mid-term fiscal policy review statement will...Published: 12 hrs ago | 136 | by Staff Reporter
Zimbabwe sets conditions for cannabis production
GOVERNMENT yesterday announced guidelines for the production and processing of medicinal cannabis.The southern African nation's laws only allow for cultivation of cannabis for medicinal and sc...Published: 13 May 2021 at 06:54hrs | 716 | by Staff reporter
Global giant fires Hwange furnaces
CHINESE global investor, Tsingshan Holding Group, has started construction of its second 150 000-tonne coke battery in Hwange, Matabeleland North Province, following completion last month of the first...Published: 13 May 2021 at 06:41hrs | 300 | by Staff reporter
Tsholotsho to resume stadium construction
TSHOLOTSHO Rural District Council has said it is working on resuming the construction of a soccer stadium which was abandoned in 2015.The idea was the brainchild of former Higher Education min...Published: 12 May 2021 at 06:43hrs | 815 | by Staff reporter
Sugar industry workers demand wage review
SUGAR industry employees are demanding an urgent National Employment Council (NEC) meeting to come up with new salary scales.The Zimbabwe Sugar Milling Allied Workers' Union of Zimbabwe (ZSMAW...Published: 12 May 2021 at 06:40hrs | 471 | by Staff reporter
Phutheho: The decisive Matabeleland Initiative
The Phutheho Convention, a Matabeleland all-stakeholder gathering (Imbizo) which brings together the people of Matabeleland from all walks of life is arguably the best initiative Matabeleland has ever...Published: 11 May 2021 at 22:53hrs | 723 | by Nhlanhla Moses
Mystery of Kuda Tagwirei's assets in Zimbabwe revival plan
In December, the government of Zimbabwe announced a multibillion-dollar project called Kuvimba Mining House Ltd. that would hold some of the nation's most valuable gold, platinum, chrome and nickel mi...Published: 11 May 2021 at 09:02hrs | 5464 | by Staff reporter
Defying global trends, Zimbabwe bets on coal
COAL dust fouls the air in Hwange, a mining town in the Matabeleland North province, about an hour's drive southeast of Victoria Falls. Black smoke and a throat-closing odour saturate the atmosphere....Published: 11 May 2021 at 06:39hrs | 318 | by Staff reporter
Do you need a degree to become a professional game developer?
Video games are currently the new order in the gaming industry. Every player wants to interact with the visuals when they are playing. Any time they play, they love seeing their opponents on the scree...Published: 10 May 2021 at 18:55hrs | 166 | by Staff writer
Mnangagwa signs Manpower Act into law
President Mnangagwa has signed into law, the Manpower Planning and Development Amendment Act that seeks to promote the development and implementation of a higher and tertiary education policy which en...Published: 10 May 2021 at 05:23hrs | 1314 | by Staff reporter
Regulator probes oil pricing
ZIMBABWE's energy regulator has lined up a comprehensive survey that is set to reveal the impact of fuel prices on the cost of goods and services in the country.Fuel is 44% more expensive in Z...Published: 09 May 2021 at 08:15hrs | 486 | by Staff reporter
Lithium exploration in Fort Rixon excites Govt
LITHIUM exploration underway at Fort Rixon, Matabeleland South is set to heighten Government's measures of using the mining sector as leverage to reach its target of a US$12 billion economy in the ext...Published: 09 May 2021 at 08:12hrs | 874 | by Staff reporter
Construction at Nust to resume this year
THE National University of Science and Technology (Nust) in Bulawayo will this year commence construction work after Government reached an agreement with previous contractors to terminate their contra...Published: 09 May 2021 at 08:11hrs | 275 | by Staff reporter
Zimbabwean banks in strong position to fund economy
Fundamentals in the financial services sector have improved over the past few years, with the sector poised to bankroll local economic activity, the central bank has said.Bank failures that pl...Published: 09 May 2021 at 08:01hrs | 148 | by Staff reporter
Zimbabwean brands need to step up to the plate
Production seems to be the driving spirit of the new dispensation, as the country pursues a modernisation and industrialisation agenda whose objective is to grow the economy, create rewarding and sust...Published: 09 May 2021 at 08:00hrs | 162 | by Staff reporter
Bulawayo faces massive land shortage
BULAWAYO requires as much as 27 000 hectares of land within and outside its boundaries to meet the needs of residents and industry under a development strategy running until 2034.Only 12 350 h...Published: 08 May 2021 at 08:52hrs | 482 | by Staff reporter
Loan guarantee beneficiary denies Zanu-PF crony links
LUXAFLOR Roses, the company which got a US$750 000 bank loan guarantee from government that has raised eyebrows, says it does not have any link with Zanu-PF, despite its manager having previously expr...Published: 08 May 2021 at 08:51hrs | 287 | by Staff reporter
Car import ban costs Zimra $3 billion
ZIMBABWE lost more than $3 billion in potential revenue in April alone following its ban on imports of vehicles that are older than 10 years. The number of vehicles imported has dropped steeply by bet...Published: 08 May 2021 at 08:09hrs | 886 | by Staff reporter
Airstrip rehabilitation to boost Binga tourism
GOVERNMENT has started rehabilitating Binga airstrip and others countrywide, a move aimed at improving accessibility, especially in tourism areas so that they contribute to the national economy. ...Published: 08 May 2021 at 08:03hrs | 190 | by Staff reporter
Boost local production to save forex, says Mnangagwa
The local manufacturing sector should take advantage of several initiatives by Government to reduce import dependency and boost local production to save the much needed foreign currency, President Mna...Published: 08 May 2021 at 07:59hrs | 57 | by Staff reporter
Honeymoon is over: Zacc warns bigwigs
THE Zimbabwe Anti-Corruption Commission (Zacc) has submitted 32 dockets to the National Prosecuting Authority (NPA), nine of which are high-profile, as the dragnet closes in on senior government, poli...Published: 07 May 2021 at 06:30hrs | 2149 | by Staff reporter
Are new-technology online casinos overtaking the old online casinos?
As the online casino indust...Published: 06 May 2021 at 07:16hrs | 277 | by Staff writer
Zimbabwe should now embrace racial minorities
It is now forty one years since Zimbabwe secured its independence from the white minority oppressive regime. Forty one years is a life time and the only minorities left in Zimbabwe are true Zimbabwean...Published: 05 May 2021 at 18:25hrs | 628 | by Engineer Jacob kudzayi Mutisi
Minister flouts COVID-19 safety regulations
INDUSTRY and Commerce minister Sekai Nzenza has come under fire for allegedly flouting COVID-19 safety regulations following a meeting she held last week with an Indian delegation.Pictures of ...Published: 04 May 2021 at 06:34hrs | 541 | by Staff reporter
Telecoms want more forex
Telecommunication companies are facing a shortage of foreign currency that has made it difficult for them to acquire equipment and upgrade their networks to improve service delivery. The perma...Published: 04 May 2021 at 06:18hrs | 188 | by Staff reporter
Cloud computing: How this trading tech will boost the future of forex trading
As the world's largest financial market, the foreign exchange sees a daily average trading volume of $5 trillion, with price movements affected by factors such as different countries' economic growth,...Published: 03 May 2021 at 08:00hrs | 442 | by Staff writer
Workers, pensioners feel the pinch
WORKERS under the Zimbabwe Congress of Trade Unions (ZCTU) banner yesterday decried living standards in the country, which they described as "unbearable and terrible", and worse than life during the t...Published: 03 May 2021 at 06:21hrs | 711 | by Staff reporter
SA-based Mr Breeze back with new album
South Africa-based musician, Zenzo Bhekimpilo "Mr Breeze" Siziba who is known for songs, Umendo Unzima and Ntombana is preparing to release his 12th album this month. Mr Breeze said the album ...Published: 03 May 2021 at 06:17hrs | 116 | by Staff reporter
Mnangagwa thinks Zimbabwe economy is showing rapid growth
Zimbabwe is on a path to rapid socio-economic growth driven mainly by measures put in place to boost production, which has risen remarkably across various sectors of the economy in the last few months...Published: 03 May 2021 at 06:11hrs | 287 | by Staff reporter
Scramble for Hwange
COAL dust fouls the air in Hwange, a mining town in the Matabeleland North region of Zimbabwe, about an hour's drive southeast of Victoria Falls.Black smoke and a throat-closing odour saturate...Published: 02 May 2021 at 09:26hrs | 670 | by Staff reporter
Zimbabwe to side-step load shedding in winter
ELECTRICITY users in the country should expect constant power supply during the peak winter season which is characterised by higher demand as Government is not planning any tough load shedding, but th...Published: 02 May 2021 at 08:20hrs | 380 | by Staff Reporter
'Zimbabwe has capacity to fund its growth agenda'
Zimbabwe has the capacity to fund its growth agenda, but there is need for financial institutions and cash-rich entities such as pension funds to effectively deploy current savings, according to an ex...Published: 02 May 2021 at 08:10hrs | 166 | by Staff Reporter
Third part soars cost of Mnangagwa copter
PRESIDENT Emmerson Mnangagwa cancelled a deal by his late predecessor Robert Mugabe to acquire a presidential helicopter from Russia opting for an Airbusmade superjet in a deal involving a third party...Published: 30 Apr 2021 at 07:29hrs | 4330 | by Staff reporter
Forex crisis hits fertilizer industry
LOCAL fertiliser producers have bemoaned the shortage of foreign currency which has hampered production, adding that the foreign currency auction system introduced by the central bank was failing to m...Published: 30 Apr 2021 at 06:42hrs | 154 | by Staff reporter
Chiwenga says prevention is better than cure
HEALTH minister Constantino Chiwenga yesterday urged citizens to get vaccinated against the coronavirus, warning that people could only ignore the programme at their own peril.Addressing guest...Published: 29 Apr 2021 at 06:28hrs | 1038 | by Staff writer
Bulawayo mayor condemns Sidojiwe Flats
BULAWAYO'S overcrowded Sidojiwe Flats in Belmont have been condemned as unsafe for human habitation.Mayor Solomon Mguni called for immediate decongestion of the overcrowded flats during a meet...Published: 29 Apr 2021 at 06:20hrs | 1112 | by Staff writer
Huge boost for construction sector
The construction industry in Zimbabwe will be revolutionised following the commissioning by President Mnangagwa yesterday of Lafarge Cement Zimbabwe's dry mortar mix plant, dramatically expanding the ...Published: 29 Apr 2021 at 06:15hrs | 209 | by Staff writer
Future of iGaming industry
Today, online gambling field is recognized as one of the fastest-growing industry in the world. Due to research, the iGaming industry was worth approximately US$41.78 billion by the end of 2016 and ju...Published: 28 Apr 2021 at 18:30hrs | 156 | by Staff writer
Strategy to revive Bulawayo in the works
BULAWAYO'S provincial strategic development plan will be driven by employment creation, industry revival and expansion as the city is geared to ensure it plays its part towards attainment of Vision 20...Published: 28 Apr 2021 at 06:13hrs | 510 | by Staff reporter
Security - Why it Matters for Due Diligence - use a data room
After the stock market crashed in 1929, a new law was formed. The Securities Act of 1933 sought to help investors make more inf...Published: 28 Apr 2021 at 05:53hrs | 161 | by Staff writer
Mine workers demand US$600 living wage
THE Zimbabwe Diamond Allied and Minerals Workers Union (ZDAMWU) has demanded wage reviews between US$400 and US$600 for mine workers and expressed concern over the delay by employers to pay salary arr...Published: 27 Apr 2021 at 08:05hrs | 263 | by Staff reporter
Zimbabwe increases licensing fees for all gambling houses
The Zimbabwe government has decided to raise licensing fees for all gambling houses, casinos, lotteries, and betting shops, which are now estimated to be $250,000. The DailyNews reported that Home Aff...Published: 26 Apr 2021 at 17:27hrs | 912 | by Staff Writer
No kids at ZITF
THE Zimbabwe International Trade Fair (ZITF) Company is planning an exhibition with a difference this year that will see schoolchildren barred on the single public day set aside, while conferences, me...Published: 25 Apr 2021 at 07:26hrs | 311 | by Staff reporter
Board of inquiry for helicopter crash
GOVERNMENT has set up a board of inquiry to investigate the cause of Friday's helicopter crash which killed two Air Force of Zimbabwe (AFZ) pilots and a flight technician in Goromonzi, Mashonaland Eas...Published: 25 Apr 2021 at 07:18hrs | 471 | by Staff reporter
SMM workers want administrator fired over US$43m salary arrears
SHABANIE and Mashava Mines Holdings (SMM) has accrued a debt of over US$43 million in salary arrears and unremitted pension contributions, it has emerged.This was revealed in an application re...Published: 24 Apr 2021 at 07:10hrs | 303 | by Staff reporter
Develop, eat local products, says Mnangagwa
ZIMBABWE should leapfrog its development agenda through science and technology to catch up with other countries but come up with innovation that will see the utilisation and development of local produ...Published: 24 Apr 2021 at 07:08hrs | 318 | by Staff reporter
Focus emakhaya education
FOCUS ON EMAKHAYA EDUCATION INVITES BULAWAYO COMMUNITY TO A CAREER GUIDANCE SEMINAR AT YWCA CONFERENCE CENTRE.Focus on EmaKhaya Education Support Network (F0EESN) is a Non-Profit community dev...Published: 23 Apr 2021 at 20:45hrs | 541 | by Agencies
Covid-19 vaccine to jump-start tourism sector
On January 30, 2020, the Director General of the World Health Organization (WHO) declared the outbreak of the coronavirus disease 2019 (COVID-19) as a Public Health Emergency of International Concern....Published: 23 Apr 2021 at 20:10hrs | 254 | by Tirivanhu Kateera
Reprieve for second hand vehicle importers
LOCAL importers of second-hand light vehicles over 10 years old from the date of manufacture have up to the end of next month to clear their cars following the gazetting of Statutory Instrument 89 of ...Published: 23 Apr 2021 at 19:42hrs | 2189 | by Staff reporter
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