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Hichilema alarmed by prospects of defeat and prosecution for corruption
When Zambia experienced democratic backsliding between 2011 and 2021, the deliberate use of legal mechanisms to weaken opposition parties played a central role. Lawfare has been a constant theme of Za...Published: 07 Oct 2024 at 17:08hrs | 2638 | by Sishuwa Sishuwa
Big international bank leaving Ramaphosa's South Africa
HSBC has exited its operations in South Africa after concluding deals with FirstRand and Absa to take over its two main divisions in the country. The bank first opened a South African office i...Published: 29 Sep 2024 at 12:49hrs | 44618 | by Staff reporter
Busisa Moyo to grace UK-Zimbabwe Business Expo
Zimbabwe Investment and Development Agency (ZIDA) Chairman, Mr. Busisa Moyo, will leverage the upcoming UK-Zimbabwe Business Expo to showcase the extensive investment opportunities available in Zimbab...Published: 11 Sep 2024 at 08:43hrs | 112 | by Staff reporter
Deloitte exits Zimbabwe as management leads buyout
Deloitte, one of the world's big four accountancy firms, is leaving its Zimbabwe business and senior partners will buy out the unit.The Zimbabwe practice will exit the Deloitte network by Octo...Published: 15 Feb 2024 at 10:15hrs | | by Staff reporter
Mnangagwa breaks 23-year diplomatic stand-off with UK?
PRESIDENT Mnangagwa's engagement and re-engagement drive has broken a 23-year-old diplomatic stand-off between Zimbabwe and the United Kingdom, a development that bodes well for bilateral relations an...Published: 10 May 2023 at 05:59hrs | 1 | by Staff reporter
Zimbabwe losing control over lithium - Report
ZIMBABBWE's lithium is being smuggled at far worse rates than previously estimated, a new report said this week, blaming foreign cartels.In a report titled ‘implications of the lithium minin...Published: 29 Apr 2023 at 19:32hrs | | by Staff reporter
Africa: Embattling a Continent
When the IMF goes to warSo the International Monetary Fund (IMF) staff has decided to grant Ukraine some whooping USD15,6 billion?Ukraine is at war with Russia.A war funded and...Published: 25 Mar 2023 at 12:59hrs | | by Jamwanda2 on Saturday
Sandra Ndebele-Sibindi contesting in Zanu-PF primary elections
14 pupils injured after sinkhole opens up in classroomFourteen pupils at a Kwekwe school were treated for injuries on Thursday after a sinkhole opened up in the middle of their classroom – the c...Published: 16 Mar 2023 at 16:08hrs | 1 | by Staff reporter
The next frontier for Zimbabwe's lithium
THERE has been a scramble for Zimbabwe's lithium deposits by multinationals in the past five years. Exploration projects that kicked off in 2018 are now at advanced stages of implementation, and Zimba...Published: 25 Feb 2023 at 19:20hrs | 12 | by Staff reporter
'Mnangagwa's govt pampering looters with tax breaks'
ZIMBABWE'S civic society organisations have raised fresh concerns over elevated plunder of the country's resources by multinationals, and are pushing to close loopholes.During a crucial confer...Published: 15 Sep 2022 at 05:53hrs | | by Staff reporter
Duration Gold launches Zimbabwe 'second biggest' exploration
AMBITIOUS resources outfit Duration Gold said this week it had launched a ground breaking multi-commodity exploration campaign, which could help it achieve a long-cherished ambition to become a large-...Published: 17 Jun 2022 at 08:56hrs | 17 | by Staff reporter
Zimbabwe: Class IN itself versus Class FOR itself
US goose versus NED ganderTHERE is always more to write about than there is space to publish. Last week I had to drop two key matters, to allow myself to address in extenso what I sought to ra...Published: 21 May 2022 at 17:53hrs | | by Staff reporter
Policy flip flops impede platinum deals
INVESTMENT into Zimbabwe's platinum sector has been held back by unpredictable policies, a leading resource campaigner said this week.Claude Kabemba, executive director at Southern African Res...Published: 15 Apr 2022 at 08:59hrs | 1 | by Staff reporter
'Rehabilitated roads can last 20 years'
The quality of work by construction companies involved in the Emergency Road Rehabilitation Programme (ERRP) is satisfactory and the roads can last up to 20 years before requiring extensive rehabilita...Published: 12 Apr 2022 at 06:26hrs | | by Staff reporter
Lithium: Chinese lead scramble for Zimbabwe assets
CHINESE firms have invested over US$570 million in Zimbabwe's lithium mines since the last quarter of 2021, as the rush for Zimbabwe's resource escalates.It is not only the Chinese who have st...Published: 11 Apr 2022 at 06:33hrs | | by Staff reporter
Chinese under fresh pressures over Zimbabwe deals
AN American think tank on Friday added its voice to growing disquiet by Zimbabweans over resource exploitation claims by Chinese firms, following a week of deep accusations.The American Enterp...Published: 06 Feb 2022 at 06:58hrs | 11 | by Staff reporter
Chinese firms bite back as resource fallout mounts
CHINA'S usually quiet multinationals, controlling substantial interests in Zimbabwe's economy, threw away courtesy and diplomacy on Sunday, standing up to rebuff "deplorable and groundless accusations...Published: 24 Jan 2022 at 05:27hrs | | by Staff reporter
Dynamics of anti-Chinese crusade in Zimbabwe
In recent times, a steady stream of anti-Chinese propaganda in Zimbabwe - driven mostly by Western-sponsored media, civil society and the opposition - has grown into a huge tide.On January 20,...Published: 22 Jan 2022 at 05:21hrs | | by Staff reporter
Zimbabwe tobacco in forecast busting show
ZIMBABWE'S tobacco output reached 202,8 million kilogrammes last week, surging past official predictions, which had projected volumes to close at 195 million kg this season. The marketing season kicks...Published: 15 Aug 2021 at 08:57hrs | | by Staff reporter
How business incubators are helping entrepreneurs in Africa
Stanbic Bank's parent company, Standard Bank Group has provided R10.9 billion in relief to personal and SME clients across Africa in recognition of the challenges faced by SMEs as well as help them ge...Published: 06 Aug 2021 at 07:45hrs | 1 | by Staff reporter
Zida boss raises red flag
ZIMBABWE Investment and Development Agency (Zida) CEO Douglas Munatsi says he is worried about government's failure to protect investors.Investor protection has been a thorny issue in Zimbabwe...Published: 01 Aug 2021 at 06:49hrs | 1 | by Staff reporter
VFEX in dramatic rebound
THE Victoria Falls Stock Exchange (VFEX) has dramatically emerged to capture some of Zimbabwe's biggest firms, with multinationals making bold moves to step into the waterfall in the past week....Published: 11 Jul 2021 at 10:42hrs | | by Staff reporter
ASX halts Arcadia trading
AUSTRALIA Stock Exchange (ASX)listed resources firm halted trading on Tuesday amid reports the firm has lined up a capital raising deal.The firm has been developing Arcadia lithium mine in Zim...Published: 15 Apr 2021 at 07:30hrs | | by Staff reporter
Delta completes MBC takeover
BEVERAGES blue-chip Delta Corporation has achieved its plan to expand its multiple brands' footprint into Manicaland province after a key regulator approved a transaction to take over Mutare Bottling ...Published: 21 Mar 2021 at 08:36hrs | | by Staff reporter
Mnangagwa prepares to deploy soldiers in Mozambique?
PRESIDENT Emmerson Mnangagwa is preparing to deploy soldiers to fight terrorism in neighbouring Mozambique with Zimbabwe Defence House officials being locked in meetings to analyse the risks of placin...Published: 14 Dec 2020 at 08:37hrs | | by Staff reporter
Mnangagwa says 'robust trade reforms pay off'
Zimbabwe will continue to implement robust economic, trade and investment policies in its quest to fulfil the objectives of the African Continental Free Trade Area (AfCFTA), the President has said....Published: 06 Dec 2020 at 07:36hrs | | by Staff reporter
The political economy of corruption
As a cancer inherent in varying degrees of intensity across the globe, corruption is an integral part of the political economy of world capitalism.So, the capitals of the western world lie at ...Published: 25 Oct 2020 at 08:24hrs | 3 | by Ibbo Mandaza
SAA awaits approval to repatriate blocked funds from Zimbabwe
The airline's rescue practitioners, Les Matuson and Siviwe Dongwana, have already accepted the mining company's offer to pay South African Airways (SAA) in exchange for access to its funds in Zimbabwe...Published: 23 Oct 2020 at 08:33hrs | 1 | by Staff reporter
Zanu-PF breakfast meeting tomorrow
ZANU-PF is next month expected to launch the revised Economic Empowerment Policy following the reviewing of Indigenisation and Economic Empowerment Policy, Department of Indigenisation and Economic Em...Published: 05 Sep 2019 at 07:49hrs | | by Staff reporter
Mthuli Ncube to establish Offshore Financial Centre in Zimbabwe
Finance and Economic Development Minister Mthuli Ncube says Zimbabwe is "very serious" about establishing an Offshore Financial Centre (OFC) in the country, but analysts say given the country's handli...Published: 16 Aug 2019 at 08:06hrs | | by Staff reporter
Resolving Zimbabwean challenges in transfer pricing
A lot of debate about taxation in most developing countries is evolving on how to ease revenue leakages through offshore tax havens. But there is another hot issue called transfer pricing which develo...Published: 20 Jun 2019 at 07:54hrs | 1 | by Beaven Dhliwayo
Zimbabwe struggles to keep its fledgling currency 'zollars' alive
MOST CURRENCIES have snappy names, like yen, won, kip or lek. Some have unfortunate ones: dong or colón. Few have names as cumbersome as Zimbabwe's Real-Time Gross-Settlement Dollars, also known as R...Published: 24 May 2019 at 07:41hrs | | by The Economist
Raizcorp forms a partnership with Dr Shingi Munyeza
As the Zimbabwean economy enters a new period of revival and renewal, President Emmerson Mnangagwa has gone on record to say that, if the country is to succeed in the global economy, empowering local ...Published: 02 Dec 2018 at 20:06hrs | | by Agencies
Zimbabwe is 'open for business' - Raizcorp leads the call
As the Zimbabwean economy enters a new period of revival and renewal, President Emmerson Mnangagwa has gone on record to say that, if the country is to succeed in the global economy, empowering local ...Published: 28 Nov 2018 at 13:29hrs | 2 | by Agencies
US, China firms back Batoka project
President Emmerson Mnangagwa will next week meet representatives of major multinationals General Electric and PowerChina in a milestone indaba that will set the tone for construction of the massive Ba...Published: 25 Nov 2018 at 08:04hrs | | by Staff reporter
Who's who in Zimbabwe’s cutthroat fuel sector
SIX major oil-importing entities, including the Indigenous Petroleum Association of Zimbabwe (Ipaz), Zuva Petroleum, Puma Energy, Total Zimbabwe, Petrotrade (Pvt) Ltd and Engen Petroleum Zimbawe, are...Published: 09 Nov 2018 at 18:06hrs | 18 | by Staff reporter
South Africa stops issuing general work visas?
Ahead of the implementation of new immigration laws and the release of a severely shortened critical skills list, South Africa's Home Affairs Department appears to be pre-emptively clamping down on im...Published: 06 Nov 2018 at 21:11hrs | | by Staff reporter
Zimbabwe urgently needs $4bn bailout package
Zimbabwe needs up to $4 billion to avert a looming currency crisis that could unleash economic havoc, with the new Cabinet urged to take tough decisions to increase confidence in the economy.P...Published: 09 Sep 2018 at 17:08hrs | | by Staff reporter
Post-Mugabe Zimbabwe set to frustrate eager investors
A European investor's phone rings in a Harare restaurant and it's good news: an $80 million construction deal has been agreed with the Zimbabwean government.All that's needed now is a central ...Published: 14 Jul 2018 at 11:53hrs | | by TimesLive
Zimbabwe mMining firms not forced to list on ZSE'
GOVERNMENT will not compel mining companies in the country to list on the Zimbabwe Stock Exchange as such policy perspective is not in line with the vision of the new dispensation, a Cabinet minister ...Published: 21 May 2018 at 07:04hrs | | by Staff reporter
Trump is right to put America first
We don't agree with Trump very much. But where we do agree with him is on his aim to put America first. Extreme poverty is the normal condition throughout Africa only because African nations, and inde...Published: 27 Jan 2018 at 06:38hrs | | by David Barber & Tendai Ruben Mbofana
Why I feel inspired about the future after my recent trip to Africa
We face an exciting - but uncertain - time ahead. The disruption of the Fourth Industrial Revolution will echo across our time and change every facet of work and life over the coming decades. We will ...Published: 27 Sep 2017 at 14:18hrs | | by Steve Tzikakis, SAP President EMEA South
Zimra officials undergo training
Government is training Zimbabwe Revenue Authority (Zimra) officials on how to closely monitor accounts and analyse financial statements of conglomerates operating in Zimbabwe in a bid to curb external...Published: 10 Feb 2017 at 05:24hrs | | by Staff reporter
Forex shortage threatens Zimbabwe's bond, dollar parity
The shortage of foreign currency is threatening the parity between the United States dollar and the Zimbabwean bond note and there are fears the shortage could resurrect the US$ black market as compan...Published: 05 Feb 2017 at 07:59hrs | | by Ndamu sandu
The liberating power of Brexit
The referendum of June 23, 2016 regarding Britain's remain at or exit from the European Union, through its subversive BREXIT result - the first major, painful defeat for the under German control Europ...Published: 29 Sep 2016 at 11:22hrs | | by Isidoros Karderinis
Why Africa is still 'Africa'
To many minds ,the terms "Africa"or "African" are notions of resounding familiarity. One can place these as emblems of pride or identity depending on the context applied.. Given our colonial ,slave pa...Published: 23 Sep 2016 at 07:46hrs | | by Tawanda Madamombe
Banks should have SMEs desk - Zanu PF MP
Zanu PF MP for Chegutu Dexter Nduna has said banks in the country should introduce desks for the Small to Medium Enterprises as a way of promoting the local industrial growth.Speaking in parli...Published: 30 Jul 2016 at 09:38hrs | | by Stephen Jake
Police, VID officers must be educated on the dangers of smoking vehicles - MP
Chegutu MP and the Chairperson of the Parliamentary Committee on Transport and Infrastructure Dexter Nduna has asked the parliament to consider educating the police and Vehicle Inspection Depart...Published: 27 Jul 2016 at 07:27hrs | | by Stephen Jakes
Indigenisation should be a lifestyle- Zanu PF UK
Zanu PF UK Chairman Nick Mangwana has claimed that indigenisation should be everyone's lifestyle as it is such an ideology which should move from rent seeking behaviour to a lifestyle.He said ...Published: 10 Jun 2016 at 07:12hrs | | by Stephen Jakes
WhatsApp faces possible regulation
Johannesburg - Over-the-top internet services, such as WhatsApp, could be regulated in South Africa depending on the outcome of planned Parliament hearings this month.Over-the-top services - w...Published: 13 Jan 2016 at 14:38hrs | | by Staff reporter
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