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Corporates and cholera philanthropy
IT was recently reported that Econet Zimbabwe founding chief executive officer and now majority shareholder, Strive Masiyiwa issued a social media statement that questioned the transparency of the use...Published: 2 hrs ago | 111 | by Takura Zhangazha
Zimbabwe resumes diamond sales
ZIMBABWE has resumed diamond sales and hopes to build a sustainable market following the merger of diamond companies which operated in Chiadzwa under a State-owned company called Zimbabwe Consolidated...Published: 3 hrs ago | 172 | by Staff reporter
Corruption is the main problem in Zimbabwe - Knight
Former ZBC radio Presenter Eric Knight has said corruption is the main vice that has gripped Zimbabwe which needs to be extricated."But seriously, in as much as the cash shortages problem is s...Published: 3 hrs ago | 292 | by Stephen Jakes
Gokwe-Siabuwa Road rehabilitation begins
The Ministry of Transport and Infrastructural Development has started work to rehabilitate Gokwe-Siabuwa Road. The rehabilitation work, which includes bush clearing and resealing, is expected ...Published: 3 hrs ago | 138 | by Staff reporter
Jonathan Moyo's sanctions study results out?
Zimbabwe has lost billions of dollars in revenue, with the manufacturing sector deprived of at least $4,8 billion in 2010 owing to illegal sanctions imposed by the United States of America and Western...Published: 3 hrs ago | 692 | by Staff reporter
Mthuli Ncube directs all traders to accept bond notes
Finance and Economic Development Minister Professor Mthuli Ncube has directed all traders to accept bond notes as they remain legal tender in the country. This comes as some unscrupulous whole...Published: 3 hrs ago | 717 | by Staff reporter
Selborne Hotel in massive upgrade
THE Selborne Hotel, one of Bulawayo's oldest accommodation facilities, has embarked on a massive upgrade of its infrastructure in anticipation of increased business and attracting more clients. ...Published: 3 hrs ago | 190 | by Staff reporter
Nomazulu Thata, not all Mthwakazi women are scared of their freedom like you
As I put this piece together in response to your article that appeared on Bulawayo 24 news on 18 September 2018, I'm shocked as to why you tremble in fear of freedom to the point of inviting oth...Published: 11 hrs ago | 730 | by Khohliso Maqhoba
Zoey SA bound
After leading dancer Beverly "Bev" Sibanda left lasting impressions in South Africa during her six-month stay in that country, Mzansi promoters are now after Zimbabwe dancers.This comes after ...Published: 20 hrs ago | 579 | by Staff reporter
Kariba on high Cholera alert
The Kariba District disaster preparedness team held an emergency meeting this Monday at the District Administrator's boardroom where all heads of departments and other critical players on service deli...Published: 23 hrs ago | 774 | by John T Chirinda
Gweru chases money changers off the streets
Gweru City Council's blitz against illegal vending has extended to unregistered money changers, with the local authority threatening to confiscate their cash if they resist.Municipal police, i...Published: 19 Sep 2018 at 07:26hrs | 2247 | by Staff reporter
Zimbabwe economy in safe hands
THE appointment of a leaner Cabinet by President Emmerson Mnangagwa is not only welcome, but also goes a long way in demonstrating that the President listened to the people, mindful of the need to man...Published: 19 Sep 2018 at 07:25hrs | 1196 | by Daniel Ngwira
Bulawayo hosts youth tourism conference
THE Zimbabwe Youth in Tourism (ZYT) is hosting a five-day conference in Bulawayo to market Brand Zimbabwe as well as engage in dialogue that will enhance youth business entrepreneurial skills....Published: 19 Sep 2018 at 07:25hrs | 253 | by Staff reporter
Mixed reactions to Mnangagwa speech
ANALYSTS largely welcomed President Emmerson Mnangagwa's State of the Nation Address, but felt he had not properly addressed the currency distortions in the market.Economist Prosper Chitambara...Published: 19 Sep 2018 at 07:19hrs | 1285 | by Staff reporter
Long fuel queues resurface
Long fuel queues resurfaced in Harare and other parts of the country yesterday as most service stations went dry, with many motorists resorting to panic buying.Motorists queue for fuel at a se...Published: 19 Sep 2018 at 07:13hrs | 1012 | by Staff reporter
Edgars basks in high profit
LISTED clothing giant Edgars Group's profit after tax spiked to $1,9 million for the 26 weeks period ended July 8, 2018 compared to $567,499 in the same period last year, backed by growth in sales and...Published: 19 Sep 2018 at 07:00hrs | 254 | by Staff reporter
Haddon and Sly workers sleep at supermarket over salaries
DISGRUNTLED workers at Haddon and Sly Supermarket in Bulawayo have been sleeping at the premises for three days in protest over outstanding salaries as they suspect the retail outlet has been closed w...Published: 19 Sep 2018 at 06:54hrs | 267 | by Staff reporter
'US dollar to anchor Zimbabwe economic recovery'
PRESIDENT Mnangagwa has reassured the nation that the United States dollar will remain the bedrock of Government plans for accelerated reforms to address the multiplicity of challenges besetting the e...Published: 19 Sep 2018 at 06:44hrs | 1425 | by Staff reporter
Trial date for 27 Chamisa backers set
The trial of 27 MDC-Alliance supporters - who reportedly went on a rampage, destroying property, torching vehicles, blocking roads and attacking people in Harare's central business district (CBD) - is...Published: 19 Sep 2018 at 06:39hrs | 238 | by Staff reporter
Bond notes flood Zimbabwe border towns
The Zimbabwe Cross Border Traders Association has called on Finance and Economic Development Minister Mthuli Ncube to investigate the source of bond notes and other currencies that have flooded the bl...Published: 19 Sep 2018 at 06:38hrs | 3111 | by Staff reporter
Mnangagwa must consider Mthuli Ncube's proposals
WHEN President Emmerson Mnangagwa addressed the nation yesterday, there was hope that he would give a clear strategy towards addressing the currency distortions that have left the country on an econom...Published: 19 Sep 2018 at 06:28hrs | 313 | by Editorial - newsday
Chamisa's MPs walk out on Mnangagwa
THE government has secured $500 million in foreign credit facilities to ease a cash crisis that has crippled local industry, President Emmerson Mnangagwa said yesterday at the official opening of the ...Published: 19 Sep 2018 at 06:27hrs | 1364 | by Staff reporter
Zimbabwe to continue using multicurrencies
Zimbabwe's use of the multicurrency system will continue until such a time that the country's macroeconomic fundamentals have re-aligned, President Emmerson Mnangagwa said today in his inaugural State...Published: 18 Sep 2018 at 19:36hrs | 1953 | by Staff reporter
Mthuli Ncube moves to stabilise forex markets
The Government has negotiated several foreign currency facilities that are set to ease liquidity challenges in the economy, as well as curb parallel forex market activity, President Mnangagwa said tod...Published: 18 Sep 2018 at 16:33hrs | 5153 | by Staff reporter
Zanu PF hijacks ZWMB
HARARE - There are fears that Zanu PF is hijacking the Zimbabwe Women's Microfinance Bank (ZWMB), after several women were recently turned away from a meeting which took place at a Bulawayo hotel on t...Published: 18 Sep 2018 at 13:45hrs | 2164 | by Staff Reporter
Mnangagwa on real economic test
Barely in less than month since the president has Emmerson Mnangagwa assumed the office, a number of striking developments have taken place. In his November inaugural speech last year, the focus was o...Published: 18 Sep 2018 at 11:12hrs | 3229 | by Sithabile Mafu
Mnangagwa must take a chance on Mthuli Ncube's ideas
It is clear that Zimbabwe's new Finance minister Mthuli Ncube is not a shy man and neither is he a coward. He would have been aware, weeks in advance, that he would be appointed Zimbabwe's Treasury ch...Published: 18 Sep 2018 at 08:25hrs | 4641 | by Staff reporter
Haddon and Sly workers down tools
Workers at struggling Bulawayo supermarket Haddon and Sly, one of the oldest in the city, at the weekend staged a demonstration against a decision by the company to close the shop, allegedly for renov...Published: 18 Sep 2018 at 07:46hrs | 1271 | by Staff reporter
US$ black market rate spirals
Exchange rates on Zimbabwe's parallel market have risen sharply in the past week to 100% for real time gross settlement (RTGS) transfers, triggering fears of more price increases.Zimbabwe's ch...Published: 18 Sep 2018 at 07:42hrs | 4413 | by Staff reporter
Zimbabwe economy on the mend
Zimbabweans have entered the most anxious week. The new cabinet flew into a cholera crisis and from nowhere prices sky rocketed and rates came to obnoxious stinking levels. Mthuli Ncube's first week i...Published: 18 Sep 2018 at 07:32hrs | 2569 | by Dr Masimba Mavaza
40% of Zimbabwean firms not compliant with standards
ABOUT 40 percent of companies in Zimbabwe are not compliant with the expected standard guidelines that protect consumers from potential risks, the Standards Association of Zimbabwe (SAZ) has revealed....Published: 18 Sep 2018 at 06:38hrs | 216 | by Staff reporter
'Banks have let Bulawayo down'
A NUMBER of viable manufacturing projects in Bulawayo have remained stagnant and failed to take off for years due to lack of affordable credit lines from banks, entrepreneur and one of Bulawayo's few ...Published: 18 Sep 2018 at 06:33hrs | 494 | by Staff reporter
What does investment look like on the ground in Zimbabwe?
LAST week I was at the African Studies Association of the UK (ASA) conference in Birmingham. I was co-hosting, with my colleague Jeremy Lind (whose earlier blog this one draws from), a fantastic strea...Published: 18 Sep 2018 at 06:31hrs | 343 | by Ian Scoones
Zimbabwe inflation breach danger zone
Zimbabwe's annual inflation rate rose 0,54 percent to 4,83 percent in the month of August, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. This was a marginal uptu...Published: 18 Sep 2018 at 06:28hrs | 585 | by Staff reporter
Econet celebrates 20 years of ZSE listing
Econet Wireless Zimbabwe yesterday reached a major milestone after completing 20 years since its shares were listed and first publicly traded on the Zimbabwe Stock Exchange (ZSE); a month after Zimbab...Published: 18 Sep 2018 at 06:17hrs | 54 | by Staff reporter
Mthuli Ncube secures $250m loan
The new Minister of Finance and Economic Development, Professor Mthuli Ncube has secured a $250 million commercial loan facility from an international finance company, Gemcorp through the Reserve Bank...Published: 17 Sep 2018 at 19:58hrs | 10350 | by Staff reporter
Is MDC really for the people or just opportunistic?
MDC on its inception was more of a Workers party formed by trade unionists led by the late Dr Morgan Tsvangirai. The party eventually grew into a formidable vibrant opposition party with the likes of ...Published: 17 Sep 2018 at 18:12hrs | 2362 | by AT Kadada
Bulawayo's Haddon & Sly supermarket shuts down shop
One of Bulawayo's leading giant supermarkets, Haddon and Sly Supermarket has reportedly closed due to operational challenges.According to the workers, the supermarket closed 5 days ago....Published: 17 Sep 2018 at 14:28hrs | 10744 | by Staff Reporter
Removal of vendors from streets of Harare is improperly conceived and poor- Zvidzai
MDC Alliance senior official Sesel Zvidzai has described the removal of the venmdors from the streets of Harare on account of cholera outbreak as improperly conceived and poor.Government...Published: 17 Sep 2018 at 13:32hrs | 1640 | by Stephen Jakes
Old Mutual opens eighth one-stop-shop branch in Chinhoyi
Chinhoyi, Zimbabwe - One of Zimbabwe's largest financial service companies, Old Mutual, today opened their eighth one-stop-shop branch in Chinhoyi to offer clients their main financial and banking ser...Published: 17 Sep 2018 at 12:28hrs | 968 | by Agencies
Workforce experiences to match customer experiences: the next frontier for telco success
Since GSM was first demonstrated in Cape Town in 1993 and the first GSM networks launched the next year, the telco industry has fundamentally transformed every country on the African continent. As som...Published: 17 Sep 2018 at 12:16hrs | 229 | by Mariam Abdullahi, Telco Industry Lead at SAP Africa
Raj Modi lobbies govt to work from Bulawayo instead of Harare
Zimbabwe's new deputy minister of Industry and Commerce, Raj Modi has requested government to allow him to work from Bulawayo instead of Harare.Bulawayo businessperson and Sai Enterprises...Published: 17 Sep 2018 at 10:54hrs | 4960 | by Staff writer
Zivhu calls for probe into cash vending
CHIVI SOUTH legislator Killer Zivhu (Zanu-PF) feels the government and the Reserve Bank of Zimbabwe (RBZ) must investigate circumstances resulting in the current cash crisis in the formal banking syst...Published: 17 Sep 2018 at 07:10hrs | 1356 | by Staff reporter
MDC Alliance Kariba District Chairperson Mr George Masendu elected Kariba Mayor
Finally Kariba Municipality has a set of new councillors, 8 from the MDC Alliance and one from ZANUPF who has claimed such ward from the former deputy Mayor in ward 6. The fresh set brought about a lo...Published: 17 Sep 2018 at 07:07hrs | 441 | by John T Chirinda
Top entrepreneurs, firms talk service innovation
A CUSTOMER service symposium held last week attracted Zimbabwe's top entrepreneurs and firms, including quoted companies who gathered in Harare to explore strategies on how the country could catch up ...Published: 17 Sep 2018 at 07:03hrs | 197 | by Staff reporter
ZimTrade urges value-added trade
ZimTrade, Zimbabwe's export promotion institution, has called for the deepening of valued-added manufacturing on current exports to Germany to diversify the country's export basket and scale up global...Published: 17 Sep 2018 at 06:57hrs | 43 | by Staff reporter
Govt to tighten import control regulations
GOVERNMENT is working on a number of pieces of legislation meant to monitor imports so as to protect citizens from substandard goods. Director for quality assurance in the Ministry of Industry...Published: 17 Sep 2018 at 06:54hrs | 408 | by Staff reporter
Datlabs invests $1 million
PHARMACEUTICAL and personal care products maker, Datlabs Limited, has invested $1 million in capital expenditure meant to bolster production capacity and meet market supply requirements. The B...Published: 17 Sep 2018 at 06:47hrs | 206 | by Staff reporter
Remittance income drives Africa's economic growth - Report
A report launched by the Institute of Chartered Accountants in England and Wales (ICAEW) has said that despite an economic slowdown, most African countries are having a positive economic outlook. ...Published: 17 Sep 2018 at 06:46hrs | 96 | by Staff reporter
Sugar firm in $45m tax storm
Zimbabwe Sugar Sales (ZSS) Ltd, a company that sells and distributes sugar on behalf of Hippo Valley Estates and Triangle Limited, has been caught up in a $45 million tax evasion storm. The Zi...Published: 17 Sep 2018 at 06:44hrs | 212 | by Staff reporter
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