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Power blackouts force Zimbabwe firms to shut down
Zimbabwe's economy could grind to a halt if power outages gripping the nation persist as production plunges, exports decline, companies lay off staff and disposable incomes shrink, after it emerged th...Published: 19 Jul 2019 at 07:57hrs | 4004 | by Staff reporter
South JetOne demands US$50m for planes' software from Air Zimbabwe
THE two Airbus A320 planes at the centre of a wrangle between Air Zimbabwe (AirZim) and an Isle of Man company, South JetOne Ltd, were leased to the troubled airline with the latter demanding a US$50 ...Published: 19 Jul 2019 at 07:56hrs | 669 | by Staff reporter
Air Zimbabwe gets fresh hope for international flights
STRUGGLING flag carrier Air Zimbabwe (AirZim) might regain its wings to fly internationally after a Netherlands-based company, Knighthood Capital (Knighthood), recently tabled an offer to partner the ...Published: 19 Jul 2019 at 07:53hrs | 1310 | by Staff reporter
RBZ takes reforms gospel to churches
Reserve Bank of Zimbabwe Governor Dr John Mangudya yesterday met church organisations, under the banner of the Zimbabwe Amalgamated Church Council (ZACC) and explained the new local currency regime fo...Published: 19 Jul 2019 at 07:11hrs | 264 | by Staff reporter
US govt happy with Mthuli Ncube's TSP
The United States government says Zimbabwe's latest economic blueprint, The Transitional Stabilisation Programme (TSP) can address the economy's weaknesses if fully implemented and h...Published: 19 Jul 2019 at 07:06hrs | 484 | by Staff reporter
Mthuli Ncube doing everything by the book
Zimbabwe's Finance Minister Mthuli Ncube seems to be doing everything by the book as he pursues orthodox economic policy often prescribed by the global "Bretton Woods" lending institutions to try and ...Published: 18 Jul 2019 at 16:48hrs | 3881 | by Reuters
Zimbabwean engineers and innovators invited to enetre competition
Engineers and innovators from Zimbabwe and other sub-Saharan countries are ...Published: 17 Jul 2019 at 20:52hrs | 1639 | by Staff reporter
Unpacking the MDC RELOAD document
Many people had high hopes that since Mugabe no longer there, probably Mnangagwa will change the economy of Zimbabwe, people will get jobs, industries will open, a strong Zimbabwe dollar will return, ...Published: 17 Jul 2019 at 14:27hrs | 2426 | by Etiwel Mutero
Trump nails Mnangagwa?
The United States of America has released yet another damning report on Zimbabwe - observing that President Emmerson Mnangagwa's government continues to fail to capitalise on the goodwill that was pre...Published: 17 Jul 2019 at 08:26hrs | 10450 | by Staff reporter
Zesa to install prepaid meters on govt buildings
THE Zimbabwe Electricity Supply Authority (Zesa) plans to install prepaid meters on government buildings to curb wastage and contain government's debt to the power utility.Speaking at a Minist...Published: 16 Jul 2019 at 16:16hrs | 630 | by Staff reporter
Peter Moyo vs. Old Mutual: 7 key factors as they head to court
Ex-Old Mutual CEO Peter Moyo heads to court on Tuesday to challenge his dismissal by the financial giant.The legal wrangle centres around the blue-chip company's dismissal of its former chief ...Published: 16 Jul 2019 at 08:14hrs | 1441 | by Staff reporter
Mthuli Ncube's TSP could resolve most of Zimbabwe's structural problems, says US
PRESIDENT Emmerson Mnangagwa's reforms anchored on his short-term policy, the Transitional Stabilisation Programme (TSP) could resolve most of Zimbabwe's structural problems, his most vocal foreign cr...Published: 16 Jul 2019 at 07:29hrs | 3816 | by newzimbabwe
Chmaisa mustn't underestimate the electorate
Despite efforts by the opposition party, Movement for Democratic Change, to tarnish the image of Zanu-PF, the revolutionary party has remained the party of choice. The MDC has no policy and no selling...Published: 16 Jul 2019 at 07:24hrs | 623 | by Staff reporter
Lessons from Singapore on economic development
Singapore is a tiny island-city state in Southeast Asia with a total area of 718km2 (543 times smaller than Zimbabwe) and part of the four Asian Tigers (Others include Hong Kong, Taiwan and South Kore...Published: 15 Jul 2019 at 09:56hrs | 1282 | by Victor Bhoroma
Zimbabwe plans factories for 63 districts
ZIMBABWE plans to set up at least one factory in each of the country's 63 districts as authorities attempt to improve standards of living for people in economically backward areas.The recently...Published: 15 Jul 2019 at 07:52hrs | 568 | by Staff reporter
'Govt to take 100% of Zupco ownership'
ZIMRE Holdings Limited has signalled a possibility of a disinvestment or a potential buy-out in Zupco by the Government. Government holds 51 percent of the transport company while Zimre has a ...Published: 15 Jul 2019 at 07:46hrs | 753 | by Staff reporter
The loved opposition
I hope I can be brief enough to be witty but concise enough to be understood and effectual. I know the natural instinct for people when they see someone questioning the political party that they suppo...Published: 15 Jul 2019 at 07:26hrs | 732 | by Jason Huntley
Zanu-PF members tell Chamisa to restrain his supporters
Zanu-PF members in the UK have described as barbaric the attacks on government officials led by the Minister of Foreign Affairs and International Trade, Retired Lt. Gen. Dr Sibusiso Moyo in London yes...Published: 14 Jul 2019 at 20:57hrs | 1735 | by Staff reporter
Zimbabwe bid to rejoin Commonwealth gets boost
ZIMBABWE'S efforts to rejoin the Commonwealth are well on course following the cordial engagement between Foreign Affairs and International Trade Minister, Dr Sibusiso Moyo and the grouping's secretar...Published: 14 Jul 2019 at 06:15hrs | 7411 | by Staff Reporter
Zimbabwean entrepreneur launches Europe's first autonomous delivery vehicle, Kar-go
The vehicle was praised by both English Dukes and Zimbabwean dignitaries Zimbabwean, William Sachiti and his team at the Academy of Robotics laun...Published: 14 Jul 2019 at 06:08hrs | 11059 | by Agencies
Mugabe coup announcer, delegation humiliated in UK
FOREIGN Affairs minister Sibusiso Moyo and his high-powered delegation were yesterday humiliated in the United Kingdom after angry protesters attacked them for "crippling" the country.Moyo, wh...Published: 13 Jul 2019 at 08:18hrs | 4878 | by Staff reporter
Reforms must be all encompassing
THE call for electoral reforms by the independent elections watchdog, Elections Resource Centre (ERC), could not have come at a more critical time.This is in view of the economic difficulties ...Published: 13 Jul 2019 at 08:07hrs | 85 | by Editorial - Newsday
Order must be restored at Bulawayo City Hall
Bulawayo City Council has dominated the headlines for all the wrong reasons over the past fortnight. They have grossly mishandled the ongoing rehabilitation of the city's water wor...Published: 13 Jul 2019 at 07:59hrs | 239 | by Editorial comment
Mugabe coup announcer talks up investment in Westminster
Foreign Affairs and International Trade Minister Dr Sibusiso Busi Moyo yesterday had lunch with the powerful Westminster Africa Business Group in London and invited them to grab investment opportuniti...Published: 13 Jul 2019 at 07:58hrs | 100 | by Staff reporter
Mnangagwa's govt condemns UK hooligans
Government has slammed an attack by opposition protesters directed at a Zimbabwean delegation in London led by Foreign Affairs and International Trade Minister Dr Sibusiso Moyo who are on a four day r...Published: 12 Jul 2019 at 18:47hrs | 1975 | by Staff reporter
Government speaks on SB Moyo attacks
The delegation in London had great engagements with different stakeholders. The Government of Zimbabwe condemns the violent attacks against the delegation by a group of opposition protesters outside C...Published: 12 Jul 2019 at 17:49hrs | 6376 | by Nick Mangwana
ZSE to maintain dual listing for local companies
DUAL listing remains the most viable option for local listed companies and the Zimbabwe Stock Exchange (ZSE) will not dump its plan to collaborate with other offshore bourses despite the 90-day morato...Published: 12 Jul 2019 at 09:18hrs | 277 | by Staff reporter
Zimbabwe govt to cede TelOne, NetOne majority shares by year-end
GOVERNMENT is moving to complete the sale of its majority shareholding in fixed telecommunications company TelOne and mobile operator NetOne by year-end, businessdigest has learnt.There has be...Published: 12 Jul 2019 at 08:54hrs | 436 | by Staff reporter
Zimbabwe poised for gold boom
Zimbabwe is poised for a boom in gold production after Government announced that it will henceforth enforce a clause of the Mines and Minerals Act that gives the state the powers to forfeit mining tit...Published: 12 Jul 2019 at 08:50hrs | 1045 | by Staff reporter
Mugabe coup announcer talks up investment in Westminster
Foreign Affairs and International Trade Minister Dr Sibusiso Busi Moyo yesterday had lunch with the powerful Westminster Africa Business Group in London and invited them to grab investment opportuniti...Published: 12 Jul 2019 at 07:25hrs | 357 | by Staff reporter
The man who will save Zimbabwe revealed
The country is experiencing probably one of the worst power shortages. Industry is losing money , city councils do not have power to pump water to residents , there is very little fuel available and i...Published: 11 Jul 2019 at 09:41hrs | 53613 | by Nicholas Ncube
Hodzi to contest Chivayo High Court judgment
PROSECUTOR-GENERAL Mr Kumbirai Hodzi yesterday got the green light to contest a High Court judgment clearing Intratrek managing director Mr Wicknell Chivayo of any criminal liability in the $5,6 milli...Published: 11 Jul 2019 at 07:19hrs | 1137 | by Staff reporter
Peter Moyo has 'inflated sense of self-importance' says Old Mutual
Old Mutual lambasted what it called former CEO Peter Moyo's "inflated sense of self-importance" as the company opposed a legal bid he launched against his dismissal.In an answering affidavit f...Published: 10 Jul 2019 at 20:18hrs | 1176 | by Staff reporter
Africa the 'Sun Continent' and Investors understand that Solar Energy is a Low Risk Business
Africa is often considered and referred as the "Sun continent" or the continent where the Sun's influence is the greatest.According to the "World Sunshine Map", Africa receives many more hours of brig...Published: 10 Jul 2019 at 15:24hrs | 577 | by Enos Denhere
RioZim, Zesa to ink power deal
RIOZIM says its US$1,5 billion investment into building a 2 800 megawatts thermal power station in Sengwa, Gokwe North, remains firmly on course with the company now moving to the next phase of prelim...Published: 10 Jul 2019 at 07:41hrs | 444 | by Staff reporter
Clean-up as a sustainable policy option: Transform Zimbabwe implores government
There are so many ways the Government of Zimbabwe can adopt in improving its environmental performance other than setting aside a day for National cleaning which Transform Zimbabwe views as a reactive...Published: 09 Jul 2019 at 09:57hrs | 126 | by Staff Reporter
Muzamhindo presents an Alternative, Clear and sound Development plan which will take Zimbabwe forward
Academic Tinashe Eric Muzamhindo writes:A policy is a declaration of an intention of an organisation or institution. These are rules and regulations which will set terms of references for an o...Published: 09 Jul 2019 at 09:56hrs | 737 | by Tinashe Eric Muzamhindo
Chasi pushes for duty free solar equipment imports
ENERGY and Power Development Minister, Advocate Fortune Chasi, says modalities are being put in place to ensure solar products are imported duty free to increase investment in renewable energy across ...Published: 09 Jul 2019 at 07:19hrs | 1488 | by Staff reporter
Reasons why TruePeopleSearch site is a tool for business
People search services are vital for businesses. They not only make work easier, but it also saves money for them. When looking for such utilities for business, you need to be a little vigilant in the...Published: 08 Jul 2019 at 23:09hrs | 573 | by Staff writer
The two faces of Zimbabwe
Zanu-PF popped the champagne to celebrate Zimbabwe's promotion by the World Bank from a lower income country to a lower middle economy. Apparently we now have an average annual income of $1,790....Published: 08 Jul 2019 at 08:28hrs | 1086 | by Zimbabwe Vigil Diary
Zimra to engage ZNA over border post landmines
The Zimbabwe Revenue Authority (Zimra) says it will seek the intervention of the Zimbabwe National Army to assess Forbes Border Post for possible landmines to enable authorities to access an are...Published: 08 Jul 2019 at 07:52hrs | 552 | by Staff reporter
Secondary stock exchange for Bulawayo
PLANS of opening a secondary stock market exchange which will likely to be located in Bulawayo are at an advanced stage, an official said. In an interview with Sunday News Business on the side...Published: 07 Jul 2019 at 21:14hrs | 207 | by Staff reporter
Mohadi want investors to exploit Beitbridge SEZ status
VICE-PRESIDENT Kembo Mohadi has said there is a need to accelerate investment and industrialisation of Beitbridge Town in recognition of its rapid socio-economic growth in the last decade.He s...Published: 07 Jul 2019 at 21:14hrs | 102 | by Staff reporter
Chivayo cost country US$50 million
THE Government has suffered a potential revenue loss of about US$50 million as a result of the incompletion of the 100 megawatt Gwanda solar power plant, a Cabinet Minister has revealed.Speaki...Published: 07 Jul 2019 at 21:13hrs | 194 | by Staff reporter
CSC in massive solar project
COLD Storage Company (CSC)-Boustead Beef Zimbabwe has entered into a strategic partnership with Econet's subsidiary, Distributed Power Africa (DPA), which will see all of the country's meat processor ...Published: 07 Jul 2019 at 21:08hrs | 285 | by Staff reporter
Ignatius Chombo case dents Zimbabwe courts' image
THAT it is now more than one-and-a-half years since former Finance minister Ignatius Chombo was arrested in dramatic fashion at the height of a coup that toppled ex-President Robert Mugabe, speaks to ...Published: 06 Jul 2019 at 09:54hrs | 1871 | by Newsday Comment
Spirited manoeuvres to seize Jonathan Moyo's farm disrupts deal
SPIRITED manoeuvres by state security agents to illegally seize Elephant Trust farm owned by former minister Jonathan Moyo have frustrated a deal with an investor, which could have potentially transfo...Published: 05 Jul 2019 at 12:38hrs | 4282 | by Staff reporter
Zanu-PF loyalist Chiwa dies
Beitbridge businessman and Zanu-PF loyalist Manu Chiwa has died.Chiwa died on admission at the Beitbridge Hospital after he was involved in an accident on Wednesday night.Matabeleland ...Published: 05 Jul 2019 at 08:06hrs | 1386 | by Staff reporter
Mnangagwa's new envoys told to 'engage, re-engage'
NEW ambassadors appointed by President Mnangagwa recently should consider themselves strategic agents in the re-engagement process, which is central to the country's objective of achieving an upper mi...Published: 05 Jul 2019 at 07:50hrs | 325 | by Staff reporter
Mnangagwa's govt keeps Russian investor guessing
A Russian investor has said negotiations to buy shareholding in fertiliser manufacturing firm Chemplex Corporation are moving slowly amid fears government's lethargy will affect its efforts to lure fo...Published: 04 Jul 2019 at 09:11hrs | 874 | by Staff reporter
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