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Mnangagwa courts Dubai investors
Zimbabwe intends to lure cash-rich investors from the United Arab Emirates (UAE) to exploit opportunities in mining, tourism and manufacturing when it engages them at the 5th Global Business Forum on ...Published: 4 hrs ago | 104 | by Staff reporter
Government underfire over MZWP
THE Matabeleland Zambezi Water Trust (MZWT), a technical partner in the ambitious project to draw water from the Zambezi River to Bulawayo, has accused government of frustrating its efforts to woo pri...Published: 17 Nov 2019 at 05:59hrs | 365 | by Staff reporter
Mnangagwa warns corrupt councillors
PRESIDENT Mnangagwa yesterday issued a stern warning against corrupt councillors and council officials who divert public funds for personal use, saying Government will not hesitate to punish those cau...Published: 16 Nov 2019 at 08:08hrs | 801 | by Staff Reporter
Industry get-together 'roars' to life with 1920s inspired soiree
Wedding industry experts and professionals from across the United Kingdom gathered in North Yorkshire this week, as part of a wider initiative that seeks to foster a working relationship between the N...Published: 15 Nov 2019 at 09:27hrs | 433 | by News Correspondent
Mthuli's budget a drop in the ocean
The 2020 budget is out but the future of the country still looks all gloom and not inspiring at all.The budget lacks clarity and is full of deception, lies and falsehoods. After austerity meas...Published: 15 Nov 2019 at 08:13hrs | 1576 | by Leonard Koni
Zimbabwe to enforce 'use it or lose it' policy for mining assets
Zimbabwe will vigorously enforce a policy to force companies to develop their mining assets and not keep the land for speculative purposes, Mines minister Winston Chitando said on Wednesday.Ch...Published: 15 Nov 2019 at 06:32hrs | 379 | by Staff reporter
Infrastructural development key to woo investors, says Mangwana
ZIMBABWE needs to focus more on local infrastructure investments and industrialisation in order to woo investors and boost the crumbling economy, a top government official has said.Ministry of...Published: 15 Nov 2019 at 06:19hrs | 93 | by Staff reporter
Currency change sparks confusion
A SERIES of changes to the country's currency has triggered confusion for accountants, consumers of financial information and investors on the Zimbabwe Stock Exchange (ZSE).The Zimbabwean gove...Published: 15 Nov 2019 at 06:19hrs | 449 | by Staff reporter
Mthuli Ncube to present a pro-productivity budget today
Finance and Economic Development Minister Professor Mthuli Ncube presents the 2020 National Budget this afternoon that is expected to help create a fiscal environment that will emphasise production an...Published: 14 Nov 2019 at 05:34hrs | 830 | by Staff reporter
New Zimbabwe economic empowerment policy on the cards
Zanu-PF is working on crafting a draft economic empowerment policy which will replace the Indigenisation and Economic Empowerment Act as Zimbabwe moves to attract foreign direct investment.Rec...Published: 12 Nov 2019 at 17:36hrs | 398 | by Staff reporter
Mthuli Ncube to present $28,5 billion budget
FINANCE and Economic Development Minister Professor Mthuli Ncube is set to present the 2020 national Budget on Thursday, with industry and citizens expecting better economic fortunes following the num...Published: 11 Nov 2019 at 06:28hrs | 479 | by Staff reporter
Mnangagwa's govt draws fire over currency
The government has been accused of fuelling economic instability through inconsistent currency reforms and too many regulations.Zimbabwe ended a decade of dollarisation in June and readopted t...Published: 10 Nov 2019 at 08:52hrs | 2815 | by Staff reporter
Policy inconsistency dogs economy
ZIMBABWE is again back in the jaws of policy inconsistency and discord, which characterised the late president Robert Mugabe's administration, pushing away foreign direct investment as a result, analy...Published: 10 Nov 2019 at 08:44hrs | 78 | by The Standard Editorial comment
Mnangagwa commissions $600m cane project
PRESIDENT Mnangagwa yesterday commissioned a $600 million Kilimanjaro Sugar Cane project which is expected to create 2 000 jobs in the next one year.In a joint venture between Tongaat Hu...Published: 10 Nov 2019 at 08:31hrs | 283 | by Staff reporter
Diaspora Perspective of Mnangagwa and Zimbabwe
Something big is happening to Emmerson Mnangagwa he has come to realisation that his approval ratings have slumped. With the public confidence at its lowest. The mega deals have not materialised...Published: 09 Nov 2019 at 08:00hrs | 1659 | by Mirriam Gasho
Mnangagwa awarded honorary PhD at NUST
PRESIDENT Mnangagwa was yesterday awarded an honorary Doctorate degree in the Philosophy of Education (Honoris Causa) by the National University of Science and Technology (Nust) during the institution...Published: 09 Nov 2019 at 07:26hrs | 1315 | by Staff Reporter
Mnangagwa's govt courts private clinics
Government is planning to engage private players, particularly in the health sector, to ensure delivery of quality service as the major referral centres, whose operations have ground to a halt due to ...Published: 08 Nov 2019 at 06:21hrs | 2702 | by Staff reporter
Zimbabwean guns for top JCI post
Zimbabwean entrepreneur Itai Manyere is gunning for the Junior Chamber International (JCI) presidency. Manyere who was nominated the 2020 JCI World presidential candidate in May this year, is ...Published: 08 Nov 2019 at 06:21hrs | 1299 | by Staff reporter
Mthuli Ncube's austerity measures relaxed
Austerity measures under the Transitional Stabilisation Programme (TSP) are now being relaxed as they have largely achieved their purpose, with the economy now poised for growth driven by increased pr...Published: 08 Nov 2019 at 04:50hrs | 1487 | by Staff reporter
Mnangagwa vows to block white looters
PRESIDENT Emmerson Mnangagwa Wednesday said government was not going to allow white foreigners to continue looting the country's mineral resources.He was addressing delegates to a Zimbabwe Min...Published: 07 Nov 2019 at 06:00hrs | 2318 | by Staff reporter
Zim govt deliberately impoverishing citizens to attract investment by creating cheap labour?
To say that I was petrified listening to the Deputy Minister of Information Energy Mutodi speaking last night (5 November 2019) on the Voice of America's Studio 7, would be the understatement of the y...Published: 06 Nov 2019 at 12:44hrs | 1658 | by Tendai Ruben Mbofana
Joram Gumbo: Charges wont shed light into the ZimAirways scandal
Joram Gumbo, the former Transport minister, has been arrested for his actions around the Zimbabwe Airways controversy. But it tells a story of President Emmerson Mnangagwa's feeble anti-corruption dri...Published: 06 Nov 2019 at 11:40hrs | 677 | by Staff reporter
Potraz invites more mobile network operators
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says it is accepting proposals from local and external investors interested in operating mobile network operators as space f...Published: 06 Nov 2019 at 11:33hrs | 651 | by Staff reporter
Zimbabwe oil project attracts more investors
AUSTRALIA-Stock Exchange-listed miner, Invictus Energy, says it has received "strong" interest from exploration and production companies as well as private equity investors seeking to partner it in it...Published: 05 Nov 2019 at 06:45hrs | 1100 | by Staff reporter
Zimbabwe seeks to extract diesel from coal
Zimbabwe is working on the possible production of diesel from its vast untapped coal resources in the Zambezi Valley, with the first feasibility study expected at the end of the month. Althoug...Published: 05 Nov 2019 at 06:41hrs | 757 | by Staff reporter
China to fund more projects in Zimbabwe
China says it is considering fresh funding for new projects in Zimbabwe that should help in the economic development of the country, an official has said.China's Deputy Ambassador to Zimbabwe ...Published: 04 Nov 2019 at 06:36hrs | 1201 | by Staff reporter
Irrelevant political impasses keep Africans destitute
By definition, democracy is a form of a government in which the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving ...Published: 04 Nov 2019 at 05:59hrs | 120 | by Tapiwa Gomo
Doubts over Mnangagwa's platinum-led mining boom
The government is banking on a platinum-mining boom to help revive its collapsing economy.The world's biggest platinum companies say it isn't going to happen.Since Emmerson Mnangagwa t...Published: 03 Nov 2019 at 06:47hrs | 312 | by Staff reporter
Mnangagwa to address ZMF AGM
THE role small-scale miners are playing in contributing to the country's target of achieving the US$12 billion mining industry in the next three years is set to come under the spotlight when the Zimba...Published: 03 Nov 2019 at 06:40hrs | 286 | by Staff reporter
'We're going to improve lives of our people,' says Mthuli Ncube
Zimbabweans are bearing the brunt of soaring prices of basic commodities and cash shortages. They are also worried about the continued loss of value of the Zimbabwe dollar. To date, Government's auste...Published: 03 Nov 2019 at 06:35hrs | 637 | by Staff reporter
Ian Khama snubs Masisi inauguration
Botswana President Mnangagwa yesterday joined thousands of Batswana and fellow SADC leaders at the inauguration of Botswana's fifth democratic leader President Mokgweetsi Masisi at a lively ceremony h...Published: 02 Nov 2019 at 06:56hrs | 1121 | by Staff reporter
Zimbabwe de-dollarization & other countries experiences
Zimbabwe suspended its local currency on the 9th of April 2009 and adopted a basket of multiple currencies such as the South African Rand, British Pound, Botswana Pula, Japanese Yen, Euro and the Unit...Published: 01 Nov 2019 at 13:41hrs | 5149 | by Victor Bhoroma
The Zimbabwe dollar won't gain any confidence
Reserve Bank of Zimbabwe governor John Mangudya announced this week the introduction in a fortnight of new currency notes. Mangudya said the denominations, comprising of ZW$2 and ZW$5 notes and $2 bon...Published: 01 Nov 2019 at 06:47hrs | 1152 | by Faith Zaba
Air Zimbabwe in R1,4m payment plan for impounded plane
TROUBLED flag carrier Air Zimbabwe (AirZim)'s only aircraft, a Boeing 767-200 long-haul jet, impounded by the Airports Company of South Africa (ACSA) last week at OR Tambo International Airport, was o...Published: 01 Nov 2019 at 06:47hrs | 892 | by Staff reporter
Mnangagwa's govt scrambles to save US$1bn Chinese deals
GOVERNMENT officials were this week nervously scrambling to salvage three big Chinese-funded infrastructural projects totalling US$1,324 billion, which are on the verge of collapse after US$10 million...Published: 01 Nov 2019 at 06:44hrs | 798 | by Staff reporter
Zimbabwe eyes platinum-led revival
Zimbabwe's government is banking on a platinum-mining boom to help revive its collapsing economy. The world's biggest platinum companies say it isn't going to happen.Since Emmerson Mnangagwa t...Published: 31 Oct 2019 at 07:40hrs | 1037 | by Bloomberg
Chartered accountants sweat over hyperinflation reporting
ZIMBABWEan chartered accountants (CAs) are in a fix as to which data to use for hyperinflation financial reporting (IAS 29) following the suspension of inflation data by government.As such acc...Published: 30 Oct 2019 at 07:45hrs | 1235 | by Staff reporter
Turn southern region into green belt, says Mohadi
VICE President Kembo Mohadi has said the southern region of the country could be turned into a green belt through establishing more water bodies and setting up vibrant irrigation schemes to ensure inc...Published: 29 Oct 2019 at 06:41hrs | 541 | by Staff reporter
Mthuli Ncube must refocus budget
INDUSTRY and economic analysts have urged Finance minister Mthuli Ncube to address issues of confidence deficit, corruption, policy inconsistencies and taxation, among others, in his 2020 National Bud...Published: 28 Oct 2019 at 06:44hrs | 742 | by Staff reporter
3 Bulawayo firms qualify for SEZs
THREE Bulawayo companies have qualified to operate under the Special Economic Zones (SEZs) model while 15 others have applied for consideration with their documents at different stages of the review p...Published: 28 Oct 2019 at 06:43hrs | 692 | by Staff reporter
Chiwenga networks with rugby legends
Zimbabwe might have failed to qualify for the Rugby World Cup in Japan, but recently Zimbabwean Ellen Chiwenga got a chance to network with the who-is-who in the world of rugby.She was invited...Published: 27 Oct 2019 at 19:41hrs | 3266 | by Staff reporter
Zimbabwe, Sadc have spoken; racists sanctions must go now!
Sadc rallied in resounding fashion against Western sanctions on Zimbabwe yesterday. The events across the region marked the climax of a process that started with the declaration, on 18 August this yea...Published: 26 Oct 2019 at 07:31hrs | 131 | by chronicle - editorial
Western sanctions a lame excuse: US envoy
UNITED States (US) ambassador to Zimbabwe, Brian Nichols, has dismissed government claims that Western sanctions were behind the country's economic meltdown, saying the haemorrhage was being fuelled b...Published: 24 Oct 2019 at 15:12hrs | 2128 | by Staff Reporter
Mnangagwa courts Russian investors
President Mnangagwa has implored Russian businesspeople to assist Zimbabwean companies decimated by illegal sanctions imposed on the country by the West, so that they recover. He said under th...Published: 24 Oct 2019 at 09:08hrs | 3374 | by Staff Reporter
Red tape blamed for frustrating Russian investors
ZIMBABWE has potential to lure more Russian investors if it eradicates bureaucracy, Harare's representative in Moscow, Ambassador Major General (Rtd) Mike Sango, has said. Speaking in an inter...Published: 23 Oct 2019 at 06:04hrs | 1054 | by Staff reporter
Mnangagwa focuses on trade co-operation as summit starts
ZIMBABWE and Russia should work closely to promote economic trade co-operation and cement political ties that date back to the liberation struggle. President Mnangagwa made this call during an...Published: 23 Oct 2019 at 06:03hrs | 341 | by Staff reporter
Chinese delegation invades Bulawayo
A CHINESE business delegation is in the country to explore business opportunities in different sectors under the Special Economic Zones (SEZs) initiative being implemented across Zimbabwe. Gov...Published: 22 Oct 2019 at 07:16hrs | 2125 | by Staff reporter
Mnangagwa buys massive beachfront villa in Dubai?
BERLIN - Spendthrift President Emmerson Mnangagwa, has reportedly bought an exquisite massive beachfront villa in Dubai, where he intends to retire or alternatively use the opulent property as an exil...Published: 21 Oct 2019 at 10:22hrs | 44864 | by Itai Mushekwe
Mnangagwa to meet investors in Russia
President Mnangagwa will this week attend the Russia-Africa Summit in Sochi, Russia, where he is expected to meet Russian investors from Alrosa and Great Dyke Investments (GDI).The engagements...Published: 20 Oct 2019 at 23:41hrs | 201 | by Staff reporter
AVM to assemble 300 Zupco buses
Local bus manufacturing company AVM Africa, has been roped in to assemble 300 of the 500 buses that will be supplied from Belarus, while negotiations with Chinese investors to set up local assembly pl...Published: 20 Oct 2019 at 23:37hrs | 549 | by Staff rpeorter
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