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Padenga to switch listing to the VFEX
CROCODILE breeding firm, Padenga Holdings Limited, will terminate its listing on the main board of the Zimbabwe Stock Exchange (ZSE) and relist on the Victoria Falls Stock Exchange (VFEX).VFEX...Published: 20 hrs ago | 149 | by Staff reporter
Holiday lessons at schools banned
Holiday lessons at schools banned Information Publicity and Broadcasting Services Minister Senator Monica Mutsvangwa addresses a post-Cabinet media briefing in Harare yesterday while Chief Secretary t...Published: 09 Jun 2021 at 07:09hrs | 225 | by Staff reporter
Chiwenga warns Covid-19 jab profiteers
THE Government has issued a stern warning to private businesses charging a premium to desperate Covid-19 vaccine seekers.The warning comes as some businesses have resorted to charging Covid-19...Published: 08 Jun 2021 at 06:33hrs | 310 | by Staff reporter
RBZ, business set for showdown over Statutory Instrument 127 of 2021
The Confederation of Zimbabwe Industries (CZI) wants the government to suspend the "heavy handed" decree promulgated last week as it has the potential to kill market confidence. Statutory Inst...Published: 03 Jun 2021 at 08:38hrs | 2934 | by Staff reporter
Cooking oil shortage looms
Zimbabwe should brace for a shortage in cooking oil following a 60% increase in crude oil prices in the international markets to US$1650 per tonne and the failure by oil expressers to get the bulk of ...Published: 03 Jun 2021 at 08:35hrs | 2278 | by Staff reporter
'Constitutional amendments thwart Mnangagwa's foreign engagements efforts'
THE recent constitutional amendments could result in foreign governments which were willing to strengthen economic and political ties with Zimbabwe backtracking from their pledges, Musa Kika, executiv...Published: 24 May 2021 at 06:50hrs | 2147 | by Staff reporter
Cassava Smartech partners with the Anglican Church
- Members set to benefit from insurance cover, farming technology & logistics support MUTARE - Cassava Smartech Zimbabwe on Friday signed a M...Published: 22 May 2021 at 08:00hrs | 1001 | by Agencies
Comair resumes Victoria Falls flights
THE Zimbabwe Tourism Authority (ZTA) has expressed joy after over the resumption of flights into the country by the British Airways, saying the resurgence of the tourism industry was now in full force...Published: 16 May 2021 at 09:50hrs | 762 | by Staff reporter
Wheat production to increase by over 100 000t
WHEAT production for the forthcoming winter cropping season is set to increase by over 100 000 tonnes to 360 000 tonnes on account of decisive interventions by Government and private financiers to sup...Published: 09 May 2021 at 08:10hrs | 98 | by Staff reporter
PSL coaches ready to rumble
FOR the country's flagship sport - football - the coronavirus-induced break has been a journey in the wilderness.And for Premiership coaches it is now 16 months without sitting in the dugout....Published: 09 May 2021 at 08:01hrs | 137 | by Staff reporter
Tharisa buys Great Dyke chrome asset in Zimbabwe expansion
THARISA, the Johannesburg Stock Exchange-listed platinum and chrome producer, has acquired Salene Chrome Zimbabwe for US$3 million as part of its growth strategy in the country.Salene Chrome i...Published: 07 May 2021 at 06:40hrs | 550 | by Staff reporter
'Financial distress to persist for Zimbabwe's urban poor'
USAID food security unit, Famine Early Warning Systems Network (FEWS NET), says most urban families in Zimbabwe are expected to remain in financial doldrums due to skyrocketing cost of living....Published: 07 May 2021 at 06:33hrs | 252 | by Staff reporter
Mnangagwa angered by Covid vaccination snub
MIDLANDS, according to President Emmerson Mnangagwa, is among the country's provinces that have registered a very low uptake of the Covid-19 vaccine.The exercise started in February, but Mnang...Published: 26 Apr 2021 at 06:40hrs | 7344 | by Staff reporter
The infamy of Mnangagwa's US$18m chopper toy
A parent's aptitude is determined by their priorities. As teachers and other civil servants table legitimate grievances regarding their grossly inadequate salaries and parlous living circumstances, Em...Published: 24 Apr 2021 at 07:12hrs | 2009 | by Luke Tamborinyoka
Why are so many countries legalizing cannabis?
For a long time, in countries all around the world, marijuana had a terrible reputation. People who used cannabis on a regular basis were known to be lazy, unhelpful stoners that didn't give anything ...Published: 22 Apr 2021 at 20:43hrs | 882 | by Staff write
South African Rand trades near 2021 highs after US inflation data
The South African Rand continues to be one of the most-watched emerging markets currencies by retail FX CFD traders, as the new COVID-19 cases seem to have plateaued at low levels and economic prospec...Published: 22 Apr 2021 at 06:10hrs | 825 | by Staff writer
Mass Covid-19 vaccination for Bulawayo
GOVERNMENT says Covid-19 voluntary vaccinations for all people in Bulawayo and Harare will soon be intensified to achieve national herd immunity. Vice-President Constantino Chiwenga, who is also Healt...Published: 21 Apr 2021 at 07:00hrs | 530 | by Staff reporter
Striking teachers will lose benefits
Teachers going on strike or conducting extra lessons will be fired or at the very least face suspension of pay after activation of systems to track the malpractices. President Mnangagwa is on ...Published: 19 Apr 2021 at 06:11hrs | 664 | by Staff reporter
Duty hikes to affect BAT volumes
VOLUMES at the Zimbabwe Stock Exchange-listed cigarette producer, British American Tobacco (BAT) will remain under pressure until the second half of 2021 as recent excise duty hikes may trigger price ...Published: 16 Apr 2021 at 07:55hrs | 208 | by Staff reporter
'Funeral insurers overcharge clients'
Zimbabwe's funeral insurance players may be overcharging clients, the latest sector report from the Insurance and Pensions Commission suggests. The regulator has noted significant incongruity between ...Published: 13 Apr 2021 at 06:21hrs | 419 | by Staff reporter
BAT rated best ZSE counter
BRITISH American Tobacco (BAT ) Zimbabwe has been rated the top counter on both the Zimbabwe Stock Exchange (ZSE)'s top 10 and 15 indexes for the second quarter of 2021.BAT's rating was announ...Published: 12 Apr 2021 at 07:08hrs | 139 | by Staff reporter
Why are so many Countries Legalizing Cannabis?
For a long time, in countries all around the world, marijuana had a terrible reputation. People who used cannabis on a regular basis were known to be lazy, unhelpful stoners that didn't give anything ...Published: 06 Apr 2021 at 08:57hrs | 1403 | by Staff Writer
EcoSure beefs up its services, rolls out tents and ablutions as add-ons
HARARE - EcoSure, Cassava Smartech Zimbabwe's micro-insurance business, has included tents and mobile ablution facilities to its funeral policy holders as the company beefs up its mobile insurance pac...Published: 28 Mar 2021 at 13:29hrs | 625 | by Agencies
Understanding the Zimbabwe economy
I OFTEN say to visiting experts and diplomats that, if you say you understand Zimbabwe, you have not been here long enough.We are a tiny blip on the global radar but we punch well above our we...Published: 26 Mar 2021 at 05:52hrs | 996 | by Eddie Cross
Mnangagwa rallies Zimbabweans against COVID-19 conspiracies
PRESIDENT Mnangagwa, who received his first Covid-19 jab at a momentous occasion attended by different religious and political leaders yesterday, has called on the nation to shun conspiracy theories a...Published: 25 Mar 2021 at 05:28hrs | 91 | by Staff reporter
Mnangagwa receives Covid-19 vaccine in public
President Mnangagwa has received his Covid-19 vaccination in the resort town of Victoria Falls where he launched the Second Phase of the national vaccination programme.Leaders from 23 parties ...Published: 24 Mar 2021 at 15:29hrs | 1306 | by Staff reporter
Biti vows to continue exposing graft
TENDAI Biti has effectively been using his position as the chair of Zimbabwe's parliamentary public accounts committee and his legal and financial skills to expose billions of US dollars of taxpayers'...Published: 22 Mar 2021 at 15:45hrs | 2072 | 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 | 645 | by Staff reporter
Money changers camp outside shops
Illegal money changers in Harare and other parts of the country are now hanging around and even inside supermarkets that might have a reasonable number of shoppers using foreign currency offering to p...Published: 22 Mar 2021 at 06:00hrs | 980 | by Staff reporter
Why Chinese model has not benefited Africa
Diverse views have been expressed about the Chinese socio-political and economic model.These range from the Chinese themselves, who, of course, uncritically praise their system as a faultless ...Published: 21 Mar 2021 at 08:44hrs | 465 | by Arthur G O Mutambara
UK based Zimbabwean woman fakes hubby death, files £400k insurance claim
A woman from London has been sentenced after attempting to defraud her insurer through a fraudulent life insurance claim worth £397,153.Thuile Bhebhe, 51, reported that her husband had died i...Published: 20 Mar 2021 at 07:39hrs | 1673 | by Staff reporter
Patients suffer as doctors, medical aid societies clash
A TUSSLE has erupted between medical practitioners in the private sector and medical aid societies, as doctors are accused of turning down policy holders without cash co-payments due to health funders...Published: 19 Mar 2021 at 09:32hrs | 774 | by Staff reporter
Zimbabwe's IPPs struggle to produce power
INDEPENDENT power producers (IPPs) are only feeding 135,8 megawatts (MW) into the national grid, about a decade since government started granting private players licences to produce electricity....Published: 10 Mar 2021 at 05:55hrs | 198 | by Staff reporter
Taming high inflation, economic priority
Despite the significant fall in annual inflation from 363% (In January) to 322% for the month of February 2021, prices for goods and services in the economy continue to increase marginally in every mo...Published: 09 Mar 2021 at 22:31hrs | 317 | by Victor Bhoroma
COVID-19 remodelled Nyaradzo Funeral Services' business
The COVID-19 pandemic has ushered in a new way of approaching issues among Zimbabweans who witnessed a huge number of fellow citizens succumbing to the pandemic after the second wave that hit the coun...Published: 08 Mar 2021 at 05:44hrs | 2886 | by Staff reporter
CBZ hunts down Command Agric looters
Zimbabwe's largest financial services group, CBZ Holdings, has roped in the police to hunt down alleged looters of the command agriculture inputs, Business Times has established.Business Times...Published: 05 Mar 2021 at 17:42hrs | 1256 | by Staff reporter
Corrupt firms banned from the forex auction
GOVERNMENT has suspended 12 companies allegedly involved in transfer pricing from the foreign exchange auction system on suspicion they channel part of the funds from the auction to the parallel marke...Published: 05 Mar 2021 at 06:36hrs | 961 | by Staff reporter
Zimbabwe among 7 African governments using Israeli cyber-espionage tools
As internet penetration and smartphone usage increases across Africa, digital spaces have become increasingly important in organising opposition movements. In response, several governments have at tim...Published: 25 Feb 2021 at 20:17hrs | 2880 | by Staff reporter
Zimbabwe's exchange rates band to narrow
The gap between the official and parallel market exchange rates is expected to narrow further from the current 20% by the end of the year owing to the containment of reserve money, good agriculture se...Published: 25 Feb 2021 at 16:19hrs | 1669 | by Staff reporter
Cabinet raps unwarranted price hikes
Businesses hiking prices of basic goods without justification are being investigated and the Government will take action in cases where there is profiteering, Information, Publicity and Broadcasting S...Published: 24 Feb 2021 at 05:43hrs | 475 | by Staff reporter
Commuters stranded as Zupco demands tap cards
Commuters from Chitungwiza were stranded earlier today after the only public transport operator Zimbabwe United Passenger Company (ZUPCO) rejected fare payments in cash.Workers, particularly f...Published: 23 Feb 2021 at 20:21hrs | 943 | by Staff reporter
Chikwinya urges Zinara to decongest tollgates
MBIZO MP Settlement Chikwinya (MDC Alliance) has called on the Zimbabwe National Road Administration (Zinara) to decongest traffic at tollgates by introducing tap cards.In a statement yesterda...Published: 23 Feb 2021 at 06:51hrs | 1407 | by Staff reporter
RBZ projects inflation fall
THE Reserve Bank of Zimbabwe (RBZ) yesterday forecast annual inflation to plummet to less than 10% this year, driven by a good agricultural season, fiscal and financial sector stability.Zimbab...Published: 19 Feb 2021 at 07:16hrs | 395 | by Staff reporter
TelOne signs agreement with Eutelsat to bring broadband connection to Zimbabwe
TelOne Zimbabwe has signed a multi-year agreement with Eutelsat to bring high-quality satellite broadband to the Southern African country. TelOne is a state-owned telecommunications company.Th...Published: 01 Feb 2021 at 19:50hrs | 1181 | by Staff reporter
'Serious dialogue critical to end Zimbabwe woes'
ZIMBABWE'S economic woes will persist until there is serious dialogue among key domestic players in politics and the international community, renowned banker Nigel Chanakira has said.Chanakira...Published: 29 Jan 2021 at 07:11hrs | 1139 | by Staff reporter
Zimbabwe parlours downplay spiralling deaths
ZIMBABWE'S funeral assurance sector has allayed fears of possible collapse as the COVID-19 scourge intensifies and affects capacity to meet policyholder claims.Taka Svosve, the Zimbabwe Associ...Published: 26 Jan 2021 at 07:08hrs | 1089 | by Staff reporter
'Zimbabwe printing $1 billion weekly to buy gold'
FORMER legislator and Monetary Policy Committee member Eddie Cross has made sensational claims that the Reserve Bank of Zimbabwe (RBZ) was printing $1 billion weekly mainly to buy gold.At the ...Published: 21 Jan 2021 at 06:46hrs | 3219 | by Staff reporter
IPEC to deregister four brokers
The Insurance and Pension Commission (IPEC) is in the process of cancelling registration certificates for four insurance brokers following their breach of regulatory requirements. In its Short...Published: 19 Jan 2021 at 07:19hrs | 527 | by Staff reporter
MDC implosion sets back the struggle for change
Zimbabwe is stuck in mud. People of my generation were in their late 20s or early 30s when Zimbabwe attained independence in 1980. Those fortunate to be still alive are now elderly and on the cusp to ...Published: 15 Jan 2021 at 08:00hrs | 1296 | by Tendai Dumbutshena
'Zimbabwe inflation fall no cause for celebration'
ZIMBABWE's year-on-year inflation rate ended the year 2020 at 348,5% down from a high of more than 800% in July but analysts say it is no cause for celebration as it remains way too high."The ...Published: 15 Jan 2021 at 07:49hrs | 606 | by Staff reporter
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