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Mthuli Ncube willing to review tax proposals
The Zimbabwean Treasury may revise certain tax measures outlined in the 2025 National Budget following concerns raised by business leaders, economists, and other stakeholders. Finance, Economic Develo...Published: 11 Dec 2024 at 06:30hrs | 441 | by Staff reporter
Cement imports threaten Zimbabwe's economy, warns PPC Zimbabwe
Zimbabwe risks losing approximately US$50 million annually in foreign currency if cement imports continue to flood the market, warns leading cement manufacturer Pretoria Portland Cement (PPC) Zimbabwe...Published: 02 Dec 2024 at 18:57hrs | 1221 | by Staff reporter
Zimbabwe grapples with surge of dangerous fake and illicit alcohol
Zimbabwe is facing a major public health crisis as dangerous and illicit alcohol floods cities like Bulawayo. Among the most notorious is "njengu," a highly potent brew produced in makeshift backyard ...Published: 23 Nov 2024 at 12:53hrs | 205 | by Staff reporter
Power Sales workers fume over salaries
Powersales, a retail clothing chain in Bulawayo, is embroiled in a dispute with its employees after management decided to offset outstanding salaries with sewing machines, leaving workers dissatisfied...Published: 10 Nov 2024 at 10:57hrs | 274 | by Staff reporter
African Sun to Sell Monomotapa Hotel
The Zimbabwe Stock Exchange-listed hospitality group, African Sun Limited, has announced plans to sell its flagship property, the Monomotapa Hotel Crowne Plaza in Harare. The move comes as part of a s...Published: 01 Nov 2024 at 06:27hrs | 322 | by Sgtaff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 623 | by Staff reporter
Schools warned against arm-twisting parents
As schools opened smoothly yesterday with cholera protocols and procedures being observed, the Government warned rogue school administrators against holding parents and guardians to ransom by turning ...Published: 10 Jan 2024 at 05:31hrs | 9 | by Staff reporter
Money-spinning in Zimbabwe shadow economy
WHILE local shoppers traditionally flocked to big groceries and supermarkets for bargains on consumer goods, of late, they have been trooping to "tuckshops" in downtown Harare, where basic commodities...Published: 25 Jun 2023 at 09:31hrs | 3 | by Staff reporter
Zimbabwe consumers in a fix
As Zimbabweans continue to battle with a failing economy, increases in prices of basic commodities has pushed many into abject poverty.A recent survey conducted by Standardbusiness indic...Published: 18 Jun 2023 at 08:40hrs | | by Staff reporter
Low tariffs chew into Econet earnings
ECONET Wireless Zimbabwe (EWZ) has posted a near $17 billion loss for the year ended February 28, 2023, owing to a 317,14% increase in exchange losses during the period as the local currency tumbled....Published: 01 Jun 2023 at 06:45hrs | | by Staff reporter
Government outlines measures to stabilise electricity supply
Efforts to stabilise electricity supply are ongoing, with the Government coming up with a raft of measures such as gradually reviewing the tariff upwards so that funds are available for maintenance, i...Published: 02 Dec 2022 at 04:56hrs | | by Staff reporter
EcoCash brings more convenience for its users, unveils new bill management service
EcoCash has introduced 'EcoCash Bill Manager', a new service that brings more convenience for its users and simplifies how EcoCash customers manage their bill payments to different service providers, ...Published: 01 Jul 2022 at 04:42hrs | 15 | by Agencies
Zimbabwean designer to open boutique in Liverpool
Liverpool-based Zimbabwean designer, Petronella Tayamika Mahachi Hughes, is not looking back in her chosen trade.If anything, she is just stepping up and ready to cause ripples at the top....Published: 02 Feb 2022 at 05:23hrs | | by Staff reporter
Bread price up 15%
THE price of flour has gone up by 6.5% from $112 000 to $119 000 per metric ton, a situation that also pushed the price of bread up by 15% from $175 to $210.Grain Millers Association of ...Published: 20 Jan 2022 at 05:39hrs | | by Staff reporter
Schools demand fees from exam candidates
SOME schools in Bulawayo have been demanding fees for candidates that are writing Zimbabwe School Examinations Council (Zimsec) Ordinary and Advanced Level examinations, a practice that has been conde...Published: 07 Jan 2022 at 05:55hrs | 7 | by Staff reporter
Headwinds stalk Zimbabwe insurers
FINANCE and Economic Development minister Mthuli Ncube has warned that Zimbabwe's insurance sector faces one of its toughest times, with geopolitical tensions and disruptions to business models under ...Published: 09 Nov 2021 at 05:36hrs | 6 | by Staff reporter
Why are Zimbabwean companies failing to pay taxes?
A ZIMBABWE Revenue Authority (Zimra) annual report for 2020 released last week confirmed the heavy burden that the country's industries are battling to contain — outstanding taxes are mounting, and ...Published: 20 Sep 2021 at 07:13hrs | | by Staff reporter
Restaurants choke under extended lockdown
RESTAURANT operators yesterday said the continued extension of COVID-19-induced lockdown without financial support or stimulus packages for ailing businesses would severely affect their industry....Published: 12 Aug 2021 at 06:43hrs | | by Staff reporter
OK suffers write-downs as crisis deepens
REVENUES at the Zimbabwe Stock Exchange-listed retail giant, OK Zimbabwe Limited came off slightly to $34,3 billion during the year ended March 31, 2021 as consumer spending came under pressure as a r...Published: 10 Jun 2021 at 06:35hrs | 1 | by Staff reporter
Zimbabwe must push for virtual law firms
WITH technology being a catalyst for change, it has empowered various business sectors to increase productivity. With all the negative impact that COVID-19 has come with, we can all admit that it has ...Published: 16 Apr 2021 at 07:38hrs | 8 | by Gracious Kaunda
Blanket completes Zimbabwe's deepest gold shaft
RESOURCES firm Caledonia Mining Corporation has blasted off its first gold ore at the US$67 million Central Shaft at Blanket Mine in Gwanda, marking the beginning of a new era following six years of p...Published: 07 Apr 2021 at 07:07hrs | | by Staff reporter
RBZ, tobacco transporters strike forex deal
The Reserve Bank of Zimbabwe (RBZ) has given the Tobacco Transporters Trust of Zimbabwe (TTTZ) a green light to charge for their services in United States dollars, a few weeks after logistics firms wa...Published: 22 Mar 2021 at 06:13hrs | | by Staff reporter
Zimbabwe's telecoms face crisis as overheads outpace revenues
ZIMBABWE'S telecommunication firms are grappling with a dicey situation, with overheads shooting at a faster pace than revenues during the fourth quarter of 2020, according to Postal and Telecommunica...Published: 21 Mar 2021 at 08:38hrs | 6 | by Staff reporter
'No govt bailout for schools'
GOVERNMENT has ruled out financially bailing out schools which might have incurred overheads in 2020 when schools were closed, NewsDay reported.Primary and Secondary Education deputy minister ...Published: 17 Mar 2021 at 06:36hrs | | by Staff reporter
Road infrastructure decay needs policy change
The pace of Zimbabwe's road infrastructure decay has reached alarming levels which call for a policy change by the government. The country's major highways and urban roads have become a living hazard ...Published: 16 Feb 2021 at 14:34hrs | | by Victor Bhoroma
Wide Econet data network keeps businesses, communities going under lockdown
THE COVID-19 pandemic and the subsequent national lockdowns have underlined the importance of reliable data services in keeping people, communities, busin...Published: 15 Feb 2021 at 20:44hrs | | by Agencies
Tips on how to build your house
Factors affecting cost of construction in Zimbabwe Part 1HOW much does it cost to build a house? It's a question that is never far from the mind of a construction client, a question that has p...Published: 06 Dec 2020 at 08:03hrs | 1 | by Qalisani Ndlovu
COVID-19 generates numerous scams
COVID-19 scams have included supposed cures, fake testing sites and counterfeit personal protective equipment (PPE), Dr Katlego Mothudi, managing director of the Board of Healthcare Funders, a regiona...Published: 29 Oct 2020 at 12:46hrs | 1 | by Agencies
6 Ways to avoid spending too much on overheads
One of the most common reasons that a business begins to stagnate is a considerable imbalance between gross profit and overheads. Despite having a high profit, the expenses drastically reduce the net ...Published: 15 Oct 2020 at 08:12hrs | 3 | by Staff Writer
'Foreign medical treatments gobble $400m annually'
Health minister Obadiah Moyo has disclosed that the country is losing about $400 million annually on overseas medical treatments.Moyo made the disclosure in Nyanga, while officially opening th...Published: 30 Aug 2019 at 08:18hrs | | by Staff reporter
Solar products still expensive despite duty waiver
The prices of solar panels, batteries and other accessories have remained high despite the recent move by Government to remove duty on all imported solar kits. This means the high prices of so...Published: 24 Aug 2019 at 09:00hrs | | by Staff reporter
Why choosing the right forex broker is crucial to success
Forex trading online has become hugely popular across the globe in recent years. It's easy to see why it has taken off in such a way: social trading platforms provide access to financial products for ...Published: 29 Jul 2019 at 12:30hrs | | by Staff Writer
The rise of global freelancing
Did you know that over a third of American workers are freelancers? Their numbers are rapidly increasing, and soon more than half the population is expected to be working this way. What's more, Americ...Published: 28 Jul 2019 at 08:55hrs | 5 | by Staff Writer
Chitungwiza Hospital 'privatisation' blocked
The government was forced to abandon private partnerships at Chitungwiza Central Hospital after it emerged that the public health institution was being used by private players to make money, it has be...Published: 02 Jun 2019 at 09:12hrs | | by Staff reporter
Workers not intimidated by Mnangagwa govt threats
IN SPITE of the hair-raising threats issued by Home Affairs minister Cain Mathema on Monday, government has been told to brace for wildcat protests as the country's embattled workers demand solutions ...Published: 01 May 2019 at 17:12hrs | | by Staff reporter
Zimbabwe needs political solutions for economic problems
Hawkins, an economics professor who founded the Graduate School of Management at the University of Zimbabwe, made the remarks at a recent breakfast meeting hosted by the Institute of Directors Zimbabw...Published: 29 Apr 2019 at 13:10hrs | | by Dr Masimba Mavaza
Telecom firms bemoan high service costs
Zimbabwean telecommunication companies say the costs of delivering services are still excessively high despite a recent tariff hike which saw data and voice charges go up by as much as 150%.Te...Published: 09 Apr 2019 at 07:38hrs | | by Staff reporter
NUST graduate turns plastic waste into diesel
A National University of Science and Technology graduate is turning Harare's plastic waste into diesel in a pioneering project that could go a long way in addressing Zimbabwe's chronic fuel shortages....Published: 10 Mar 2019 at 08:38hrs | 1 | by Staff reporter
All aboard Zupco: Is this a rebirth or stillbirth?
This article is a follow-up to my previous one, Kombi nation: Re-imagining our urban transport system.In that article, I presented a number of options on how we could improve our public transp...Published: 14 Feb 2019 at 07:33hrs | | by Mike Murenzvi
Hats off to Zifa for online ticket sales
YESTERDAY, a refreshing change in the way ZIFA have been handling issues related to the Warriors happened when tickets for our 2019 AFCON qualifier against Congo-Brazzaville went on sale online. ...Published: 02 Feb 2019 at 06:02hrs | | by Staff writer
ZIFA raise fresh charges against Gift Banda
ZIFA have said they will no longer comment on the issue related to suspended vice-president Gift Banda as the matter was now sub-judice after the association laid more charges on the Bulawayo business...Published: 29 Jan 2019 at 07:50hrs | | by Staff reporter
Bulawayo diaper plant launch hits snag
BULAWAYO's first diaper manufacturing project, which is being developed at a cost of more than $2 million, is failing to take off due to foreign currency shortages to import critical raw materials. ...Published: 15 Jan 2019 at 07:12hrs | 2 | by Staff reporter
Mliswa defends Zimbabwe MPs 'greedy' demands
Norton independent legislator Temba Mliswa yesterday defended the demands made by Members of Parliament saying they must be given enough resources because the other two arms of the State; the Executiv...Published: 29 Dec 2018 at 18:37hrs | 2 | by Staff reporter
Zimbabwe bonus payments to power retail boom
ZIMBABWE'S retail sector is seen picking up in the short-term as consumer spending is expected to firm up following Treasury's timely payment of bonuses for civil servants this year.Government...Published: 06 Dec 2018 at 05:55hrs | | by Staff reporter
2019 National Budget an insult to Civil servants
Amalgamated Rural Teachers' Union of Zimbabwe, ARTUZ is irked by the anti-worker budget presented by the Finance Ministry, the Union is calling for the third phase of the fight for salaries in United ...Published: 23 Nov 2018 at 10:00hrs | | by ARTUZ
Air Zimbabwe rot exposed
An audit report on the operations of the Air Zimbabwe (Private) Limited has unearthed massive unaccounted leakages of funds that could have prejudiced the parastatal of millions of dollars.Acc...Published: 14 Nov 2018 at 13:37hrs | | by Staff reporter
Mnangagwa warns loss-making State entities
President Emmerson Mnangagwa has warned perennial loss-making State-owned entities to "find strategies to stop the worsening culture" as they continue to hurt economic recovery through perennial depen...Published: 08 Nov 2018 at 14:05hrs | | by Staf reporter
Let's make Zimbabwe great again
There is a general expectation of rapid economic growth in Zimbabwe, driven by massive infrastructural growth, given the new political dispensation.However, there is an adversary at work, the ...Published: 07 Nov 2018 at 06:22hrs | | by Tororiro Isaac Chaza
Obert Mpofu looks to revive Zanu-PF business empire
President Emmerson Mnangagwa's ruling Zanu-PF is looking to revive its fallen business empire, crippled by gross mismanagement and corruption.In an exclusive interview with the Daily New...Published: 21 Sep 2018 at 14:38hrs | 1 | by Staff reporter
Mnangagwa's New Cabinet?
COCKPIT PRESIDENT --- ED DEPUTY PRESIDENT --- CHIWENGA DEPUTY PRESIDENT --- KHAYA MOYO CHAIRMAN --- OPPAH KASHIRI ...Published: 28 Aug 2018 at 07:02hrs | | by Noble Tawanda Ngara
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