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Fuel situation improves
THE fuel supply situation in Bulawayo has normalised after Government last week disbursed $20 million towards the importation of the petroleum product.On Friday, Energy and Power Development M...Published: 2 hrs ago | 145 | by Staff reporter
Questions over AMA bills
ANALYSTS have raised concern over public debt sustainability after the Agricultural Marketing Authority (AMA), a wholly-owned State institution, announced it was issuing commercial bills of up to $75 ...Published: 16 hrs ago | 125 | by Staff reporter
Community initiative to celebrate Bulawayo's history
It has been 120 years since Bulawayo was first declared a municipal town and as the anniversary approaches, a UK community initiative called, Vuka Bulawayo Vuka (wake up Bulawayo wake up), are organis...Published: 18 hrs ago | 640 | by Tidi Kwidini
Sibusiso Moyo's emergency surgery 'successful'
Foreign Affairs and International Trade minister Sibusiso Moyo yesterday underwent what sources said had been a "successful" emergency surgery at a Harare hospital for a kidney-related ailment, the Da...Published: 21 Sep 2018 at 14:42hrs | 9448 | by Staff reporter§
Mnangagwa commits 1% of GDP to research
GOVERNMENT has committed 1% of gross domestic product (GDP) towards research and development (R&D) across all sectors of the economy, President Emmerson Mnangagwa has said.R&D supports...Published: 21 Sep 2018 at 07:03hrs | 340 | by Staff reporter
Mnangagwa makes maiden UNGA appearance
President Emmerson Mnangagwa will make his maiden appearance at the 73rd Session of the United Nations General Assembly (UNGA) which opened on 18 September 2018. The first day of the high-level Genera...Published: 20 Sep 2018 at 16:02hrs | 1276 | by Elijah Chihota
Harare City Council to apologise to Econet
The Harare City Council has said it will apologise to Zimbabwe's largest mobile telephone company Econet Wireless after municipal officials attempted to steal humanitarian aid meant to stem Zimbabwe's...Published: 20 Sep 2018 at 07:37hrs | 3358 | by Staff reporter
NetOne to launch hi-tech billing, support system
STATE-OWNED mobile operator, NetOne, is set to launch a state of the art converged billing and business support system which will offer seamless services to all the end users.NetOne says the l...Published: 20 Sep 2018 at 07:13hrs | 781 | by Staff reporter
BCC urged to be vigilant to prevent cholera outbreak
RESIDENTS' associations and political parties have hailed the Bulawayo City Council for maintaining a high level of health standards which has kept communicable disease outbreaks at bay, but urged the...Published: 20 Sep 2018 at 06:47hrs | 130 | by Staff reporter
Cholera fund cheats named and shamed
Harare City Council has named the four officials it suspended on allegations of inflating the prices of goods that were supposed to be bought to combat the cholera outbreak. The four are Phili...Published: 20 Sep 2018 at 06:35hrs | 1214 | 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 $4,8 billion in 2010 owing to illegal sanctions imposed by the United States of America and Western...Published: 20 Sep 2018 at 06:32hrs | 2169 | by Staff reporter
Nust 'takes over' unused firms
THE National University of Science and Technology (Nust) has identified 20 hectares of land and empty factory shells in Bulawayo, which it is targeting to use to design industry driven prototypes. ...Published: 20 Sep 2018 at 06:23hrs | 1171 | by Staff reporter
Bulawayo hosts youth tourism conference
THE Zimbabwe Youth in Tourism (ZYT) is hosting a five-day conference in Bulawayo to market Brand Zimbabwe as well as engage in dialogue that will enhance youth business entrepreneurial skills....Published: 19 Sep 2018 at 07:25hrs | 267 | by Staff reporter
'US dollar to anchor Zimbabwe economic recovery'
PRESIDENT Mnangagwa has reassured the nation that the United States dollar will remain the bedrock of Government plans for accelerated reforms to address the multiplicity of challenges besetting the e...Published: 19 Sep 2018 at 06:44hrs | 1936 | by Staff reporter
Bond notes flood Zimbabwe border towns
The Zimbabwe Cross Border Traders Association has called on Finance and Economic Development Minister Mthuli Ncube to investigate the source of bond notes and other currencies that have flooded the bl...Published: 19 Sep 2018 at 06:38hrs | 3396 | by Staff reporter
Zanu PF hijacks ZWMB
HARARE - There are fears that Zanu PF is hijacking the Zimbabwe Women's Microfinance Bank (ZWMB), after several women were recently turned away from a meeting which took place at a Bulawayo hotel on t...Published: 18 Sep 2018 at 13:45hrs | 2182 | by Staff Reporter
Mnangagwa on real economic test
Barely in less than month since the president has Emmerson Mnangagwa assumed the office, a number of striking developments have taken place. In his November inaugural speech last year, the focus was o...Published: 18 Sep 2018 at 11:12hrs | 3259 | by Sithabile Mafu
US$ 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 | 4475 | 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 | 2736 | 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 | 220 | 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 | 527 | by Staff reporter
Four independent power producers approach Zera for licences
Four Independent Power Producers (IPP) have approached the Zimbabwe Energy Regulatory Authority seeking independent licenses to venture into electricity generation. The energy regulatory autho...Published: 18 Sep 2018 at 06:21hrs | 244 | by Staff reporter
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 | 1171 | by Agencies
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 | 5033 | by Staff writer
Beyond the fiscal policies, long term national vision is required
The political drama and the rituals that come after elections have come and gone. It is time to hit the ground running and get the country back to normalcy. The new Cabinet is well aware of the challe...Published: 17 Sep 2018 at 07:00hrs | 70 | by Tapiwa Gomo
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 | 45 | 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 | 417 | 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 | 207 | by Staff reporter
$6m ethanol project takes shape
The National Oil Infrastructure Company of Zimbabwe (NOIC) is targeting to complete the construction of two ethanol storage tanks with capacity of 6 million litres at its Mabvuku Depot in Harare by en...Published: 17 Sep 2018 at 06:39hrs | 167 | by Staff reporter
Roles of Provincial Councils, Ministers spelt out
Implementation of devolution enjoins central Government to release funds for provincial budgets to ensure that areas lagging behind in terms of development are prioritised, Local Government, Public Wo...Published: 17 Sep 2018 at 06:35hrs | 328 | by Staff reporter
Business opportunities in Zimbabwe that will make more millionaires in 2018
The term "millionaire" is taking on a new meaning in Zimbabweans abroad. It's no longer just about the size of your bank account; any shady politician, corrupt bureaucrat, or unscrupulous busi...Published: 15 Sep 2018 at 06:41hrs | 1884 | by Dr Masimba Mavaza
Zimbabwe Youth in Tourism to hold conference in Bulawayo
The Zimbabwe Youth in Tourism is scheduled to this year's African Youth in Tourism Conference in Bulawayo on September 23.The organisation indicated that the conference will provide a pl...Published: 14 Sep 2018 at 09:47hrs | 568 | by Stephen Jakes
Govt to institute Provincial Councils, says Mnangagwa
President Emmerson Mnangagwa says provincial councils will be instituted soon as they are provided for in the constitution of Zimbabwe so as to ensure government's devolution thrust is fully implement...Published: 13 Sep 2018 at 14:41hrs | 5217 | by Staff Reporter
Mnangagwa arrives in Bulawayo
PRESIDENT Mnangagwa has arrived in Bulawayo where he is scheduled to officiate at the $2 billion Hopeville Project and commission a $2 million tomato processing plant in the City. He was ...Published: 13 Sep 2018 at 13:18hrs | 7269 | by Staff reporter
Zimnat launches innovative billboard campaign
Zimnat has launched an innovative advertising campaign to let people know some of the ways in which it can make their life better, through the customer friendly insurance and finance services it offer...Published: 13 Sep 2018 at 13:09hrs | 975 | by Agencies
Tharisa plan next move as Zimbabwe opens doors again
PLATINUM group metal (PGM) and chrome miner, Tharisa, is taking a low-risk approach to a high-risk country with the investments into Zimbabwe, it has announced this year.For almost 30 years, Z...Published: 13 Sep 2018 at 07:07hrs | 1722 | by miningmx.com
Delta invests $3m into Bulawayo infrastructure projects
BEVERAGES maker, Delta Corporation, has invested close to $3 million in effluent and road upgrade projects in Bulawayo since 2016 as part of its community development initiatives. As one of th...Published: 13 Sep 2018 at 06:21hrs | 173 | by Staff reporter
Mnangagwa to launch $2,2bn projects in Bulawayo
PRESIDENT Mnangagwa will today officially open the $2 billion Hopeville Housing Project near Joshua Mqabuko Nkomo International Airport and commission a $2 million tomato processing plant here. ...Published: 13 Sep 2018 at 06:10hrs | 953 | by Staff reporter
Mthuli Ncube has little to offer to Zimbabwe's sodomized economy
The Zimbabwe's national debt is said to be well above $18 billion with the foreign debt contributing $7.5 billion. The foreign debt ($7.5 billion) excludes the private sector foreign debt of $2.5 bill...Published: 12 Sep 2018 at 10:15hrs | 6705 | by Don Chigumb
Private enterprise must drive recovery
"We owe it to all the peoples of the sub-continent to ensure that they see us not merely as good leaders waxing lyrical about our development, but as front commanders in the blast furnaces of labour, ...Published: 12 Sep 2018 at 07:08hrs | 102 | by Vince Musewe
'Industry revival top priority'
THE new Minister of Industry and Commerce, Nqobizitha Mangaliso Ndlovu, says the revival of industries will be a top priority during his tenure as the new political dispensation moves to transform the...Published: 12 Sep 2018 at 06:51hrs | 1016 | by Staff reporter
To introduce or not to introduce domestic currency in the short run, that is the question!
By "To be or not to be" is the manner the literary genius William Shakespeare chose to employ as an opening of a soliloquy for Prince Hamlet in the play Hamlet. "To re-introduce or not to re-introduce...Published: 11 Sep 2018 at 16:08hrs | 1717 | by Prosper Munyedza
The impacts of Credit Card Debt on the Economy
Consumer spending is the main driver of economic growth and citizens sometimes borrow to spend. While debt isn't a bad thing, the economy becomes unsustainable if people are burdened with too much cre...Published: 11 Sep 2018 at 10:14hrs | 1860 | by Agencies
Officials tarnishing ED's name in Midlands, it is never in ED's service
With the birth of the New dispensation conduct of public and government officials, in the mining sector has been corrupt pathetic and disgusting. the offence of Abuse of Public Office is seeing a rena...Published: 11 Sep 2018 at 07:24hrs | 1087 | by Dr Masimba Mavaza
Mnangagwa working to end Zimbabwe's isolation
FOREIGN Affairs minister Sibusiso Moyo yesterday said the country was working hard to end its international isolation and foster economic development.In an interview yesterday at the State Hou...Published: 11 Sep 2018 at 07:21hrs | 723 | by Staff reporter
Industry minister outlines plans
New Minister of Industry and Commerce, Mr Mangaliso Ndlovu, plans to introduce a raft of measures including a "robust" industrialisation policy and removing bottlenecks so as to attract more investors...Published: 11 Sep 2018 at 06:32hrs | 1247 | by Staff reporter
Delta in accelerated sustainability spending
DELTA Corporation (Delta) says it has invested at least $2,9 million in infrastructure-related corporate social investments under its integrated sustainable development framework.Sustainabilit...Published: 10 Sep 2018 at 06:54hrs | 262 | by Staff reporter
'Bond notes to go before year end,' says Mthuli Ncube
New Finance Professor Mthuli Ncube says bond notes could be gone by the end of this year."I am very clear that there have to be currency reforms and the (current) currency approach is not work...Published: 09 Sep 2018 at 20:17hrs | 23341 | by Staff reporter
Causes of liquidity crisis and its impact on economy
DURING the past week, the media has been awash with reports of price hikes of goods and some commodities running out on the market.Products ranging from cement to chickens and other basic comm...Published: 09 Sep 2018 at 08:38hrs | 453 | by Dr Bongani Ngwenya
Saboteurs behind price increases
PRICE increases that were reported in the country last week were being fuelled by political and economic speculators who were aiming at scuttling the acceptance of President Mnangagwa's new Cabinet, a...Published: 09 Sep 2018 at 08:30hrs | 829 | by Staff reporter
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