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ZNCC to meet over cash shortages
THE Zimbabwe National Chamber of Commerce (ZNCC) will next week host a meeting in Bulawayo to discuss the major drivers of cash shortages in the economy and proffer sustainable solutions, with Finance...Published: 02 Nov 2018 at 05:59hrs | 269 | by Staff reporter
Flooding country with imports retrogressive, says Zimbabwe industrialists
Industrialists said yesterday that the decision by Government to lift the ban on the importation of some basic commodities will cripple the revival of the manufacturing sector and threaten jobs. ...Published: 25 Oct 2018 at 06:34hrs | 1095 | by Staff reporter
Business leaders conflicted over imports ban
ZIMBABWE'S business leaders want government to suspend the Statutory Instrument (SI)22, which is meant to protect local industry from cheap and non-essential imports, to counter the growing shortages ...Published: 17 Oct 2018 at 06:46hrs | 916 | by Staff reporter
'Mthuli Ncube has de-dollarised the economy'
THE ZIMBABWE National Chamber of Commerce (ZNCC) says by introducing a separate account for foreign currency through the monetary policy statement yesterday, the central bank has finally de-dollarised...Published: 02 Oct 2018 at 09:43hrs | 1484 | by Staff reporter
Mnangagwa urged to 'Scrap bond notes'
PRESIDENT Emmerson Mnangagwa's new administration should consider scrapping bond notes, as a way of restoring confidence in the economy, industrialists have said.Zimbabwe introduced the surrog...Published: 06 Sep 2018 at 15:46hrs | 7475 | by Staff reporter
British investors set eyes on Zimbabwe
Top British investors are reportedly taking advantage of their Prime Minister Theresa May's visit to Africa on an investment, trade and diplomatic offensive mission in the continent ahead of United Ki...Published: 03 Sep 2018 at 07:11hrs | 1603 | by Staff reporter
Zimbabwe to benefit from $10 billion Brexit war chest
Top British investors are reportedly taking advantage of their Prime Minister Theresa May's visit to Africa on an investment, trade and diplomatic offensive mission in the continent ahead of United Ki...Published: 02 Sep 2018 at 08:51hrs | 596 | by Staff reporter
Red flag over govt spending
Business leaders have expressed doubts that government's fiscal indiscipline will end any time soon, warning the persistent build-up in the imbalances will dampen Zimbabwe's economic prospects over th...Published: 19 Aug 2018 at 06:50hrs | 460 | by Staff reporter
Mnangagwa walks tight Cabinet rope
PRESIDENT Emmerson Mnangagwa can fortify his push to implement key reforms in the post-poll period by appointing a mixture of technocrats and deserving politicians from all political parties into Cabi...Published: 09 Aug 2018 at 19:08hrs | 10752 | by Staff reporter
Industry frets over violence
INDUSTRIALISTS have expressed concern over the political violence that gripped the country on Wednesday, saying it was a step in the wrong direction at a time the country has embarked on a massive gro...Published: 03 Aug 2018 at 07:07hrs | 365 | by Staff reporter
Chiwenga claims there is great optimism for Zimbabwe's economy
ACTING President Dr Constantino Chiwenga says there is great optimism for Zimbabwe's economy under the new political administration, which has revitalised business growth.Dr Chiwenga was speak...Published: 03 Jul 2018 at 06:54hrs | 168 | by Staff reporter
'Cash crisis to end soon'
The cash crisis will soon be "a thing of the past" as various measures are being pursued to bring sanity within the banking sector, Vice President Constantino Chiwenga has said.In a speech rea...Published: 29 Jun 2018 at 08:01hrs | 1815 | by Staff reporter
US dollar black market rate soars
A crazed pre-election demand for the United States dollar has pushed the black market premium to an all-time high as shortages of foreign exchange fuels a roaring currency black market now driving up ...Published: 28 Jun 2018 at 16:11hrs | 5731 | by Staff reporter
Mnangagwa snubs Hwange supporters
PRESIDENT Mnangagwa who was supposed to address a rally in Hwange soon after presiding over a ground-breaking ceremony at the Zimbabwe Power Company expansion project decided to snub his supporters an...Published: 27 Jun 2018 at 15:48hrs | 1395 | by Ndou Paul
Mnangagwa cancels Hwange Rally
President Emmerson Mnangagwa has cancelled a rally he was set to address in Hwange amid reports that he has opted to meet the business community in Victoria Falls."Please be advised that Presi...Published: 27 Jun 2018 at 15:05hrs | 3730 | by Byo24News Reporter
RBZ told to 'delegate forex allocation to banks'
THE Reserve Bank of Zimbabwe should abandon its foreign currency allocation framework and delegate the role to individual banks as this gives the impression of a distorted economy, the Zimbabwe Nation...Published: 19 Jun 2018 at 06:56hrs | 369 | by Staff reporter
Musakwa wins big at business awards
THE owner of Oakleigh House School in Beitbridge, Mrs Sikathele Musakwa, was the toast of the day at the Zimbabwe National Chamber of Commerce (ZNCC) Matabeleland Annual Business Awards ceremony held ...Published: 10 Jun 2018 at 09:27hrs | 220 | by Staff reporter
Zimbabwe makes headway in Ease of Doing Business
VICE-PRESIDENT Kembo Mohadi said the Government continues to explore various measures to improve the Ease of Doing Business as it forges ahead to promote economic growth and development in the country...Published: 10 Jun 2018 at 09:26hrs | 360 | by Staff reporter
Zimbabwe braces for price increases, shortages
As the country hurtles towards the watershed national elections, struggling companies are warning of steep price increases and debilitating shortages of basic goods due to Zimbabwe's worsening foreign...Published: 14 May 2018 at 07:51hrs | 1376 | by Staff reporter
Industry challenges Mnangagwa
LOCAL industry says government should create a conducive environment for the sector to up capacity utilisation.The call was in response to President Emmerson Mnangagwa, who recently exhorted "...Published: 06 May 2018 at 10:12hrs | 254 | by Staff reporter
Mnangagwa's looters list backfires
President Emmerson Mnangagwa's decision to name and shame companies alleged to have externalised funds and assets has turned into a nightmare for local companies that are being snubbed by potential su...Published: 31 Mar 2018 at 10:59hrs | 1918 | by Staff reporter
Business tackles Mnangagwa over forex list
Several companies that were last week named as having externalised foreign currency have approached government challenging the list which has strained the relationship between authorities and business...Published: 27 Mar 2018 at 10:13hrs | 1833 | by Staff reporter
Zimbabwe's $4,2bn game changer, 90 000 jobs, timelines given
WHILE the market is still digesting the meaning and implications of the $4, 2 billion platinum deal that was sealed by Government on Thursday last week, judging by the envisaged scope and scale of the...Published: 25 Mar 2018 at 08:41hrs | 439 | by Staff reporter
Business cries foul over Mnangagwa's 'looters' list
BUSINESS organisations yesterday expressed displeasure over the inclusion of some of their members on the list of foreign currency externalisers.On Monday, President Emmerson Mnangagwa named a...Published: 21 Mar 2018 at 05:31hrs | 557 | by Staff reporter
Skyz Metro VS Khulumani FM whose gonna survive?
WHO'S gonna survive!The introduction of Khulumani FM in Bulawayo to rival Skyz Metro has been welcomed by the locality as it will cater for more local content.Owned by the Zimbabwe Bro...Published: 09 Mar 2018 at 06:17hrs | 876 | by Staff reporter
Faith-Based Organisations Key to Securing Equity and Justice for All - Cynthia Hakutangwi
Top Female Innovative Business Leader of the Year, Award-winning (Women's Leadership Awards, WOLA 2016), Cynthia Chirinda-Hakutangwi, is rated Zimbabwe's finest and youngest woman on the rise, and who...Published: 07 Mar 2018 at 18:30hrs | 353 | by Maxwell Kudzika-Teedzai
Zimbabwe reaches out to foreign investors
A HIGH-POWERED Zimbabwean delegation will be off to London next week for a conference, as the investment-starved country moves to lure foreign investors.The two-day Zimbabwe London Investment ...Published: 07 Mar 2018 at 05:33hrs | 1411 | by Staff reporter
Zimbabwe fuel still remains highest in Sadc
Fuel costs in Zimbabwe are still much higher than anywhere else in the region even after government decreed fuel retailers to cut the price of petrol and diesel by up to 7,5 percent after a tax cut, e...Published: 31 Jan 2018 at 10:39hrs | 1397 | by Staff reporter
Qhubani Moyo on life behind the scenes
IN 2015, Qhubani Moyo was appointed Chief Executive Officer of Skyz Metro FM, Bulawayo's first independent commercial radio station.Moyo has long been associated with radio, having been part o...Published: 28 Jan 2018 at 08:10hrs | 688 | by Allan Foti
Government seeks solution to stop price hikes
Government is engaging the manufacturing and retail sectors with a view to establishing their operational challenges, which have recently resulted in arbitrary price increases that are beyond the reac...Published: 26 Dec 2017 at 18:39hrs | 3060 | by Staff Reporter
Bread reverts to old price
Bakeries will with effect from tomorrow revert to the old price of bread, as the government takes further steps to halt the unjustified price increases in the economy. ...Published: 18 Dec 2017 at 13:19hrs | 5790 | by Staff Reporter
Mnangagwa's acid test
PRESIDENT Emmerson Mnangagwa's new administration faces its first stern test when it presents the 2018 National Budget next week.Tackling hostile investment laws, a growing current account def...Published: 30 Nov 2017 at 15:55hrs | 2486 | by Staff reporter
'Kill the vices of procrastination'
We publish the opening remarks by Speaker of The National Assembly Advocate Jacob Mudenda last week at the Pre-Budget Seminar in Victoria Falls. The seminar ends today.Let me start by extendin...Published: 12 Nov 2017 at 07:36hrs | 113 | by Advocate Jacob Mudenda
Zimbabwe losing $2.5 billion annually to smuggling
The fiscus is losing $2,5 billion annually to smuggling of goods, the Zimbabwe National Chamber of Commerce (ZNCC) has said. In an analysis of Zimbabwe's thriving informal sector, which is app...Published: 01 Nov 2017 at 06:14hrs | 302 | by Staff reporter
Govt engages industry, RBZ over commodity shortages
GOVERNMENT yesterday engaged captains of industry and Reserve Bank of Zimbabwe (RBZ) officials with a view to locating and solving the challenges that caused the recent spate of price increases togeth...Published: 27 Sep 2017 at 06:25hrs | 312 | by Staff reporter
Causes of price hikes under probe
GOVERNMENT yesterday engaged captains of industry and Reserve Bank of Zimbabwe (RBZ) officials with a view to locating and solving challenges that triggered recent price increases and hoarding of prod...Published: 27 Sep 2017 at 06:17hrs | 411 | by Staff reporter
Government, business interface progressive
Yesterday's meeting between President Mugabe and the private sector was both timely and timeous. The economy has faced immense pressure in recent weeks and it needed such a tonic to induce confidence ...Published: 08 Sep 2017 at 06:31hrs | 64 | by Staff reporter
Mugabe to launch Zimbabwe Anti-Corruption Commission
PRESIDENT Mugabe is expected to launch the Zimbabwe Anti-Corruption Commission (ZACC) public education and publicity campaign in Harare next Wednesday.ZACC spokesperson Mrs Phyllis Chikundura ...Published: 02 Sep 2017 at 07:45hrs | 1019 | by Staff Reporter
Zimbabwe tightening its grip on the bond notes
Government is tightening its grip on the bond notes by subjecting cross-borders to serious scrutiny as the money authorities bid to deal with a thriving parallel market of the surrogate currency on it...Published: 11 Jul 2017 at 18:11hrs | 2869 | by Staff reporter
Worthwhile Mugabe gets an award
LOCAL business mogul Mr Worthwhile Mugabe has established himself as a distinguished and pace setting entrepreneur that has built a business empire in the country.Mr Mugabe is the founder and ...Published: 09 Jul 2017 at 07:39hrs | 412 | by Staff reporter
Roadblock cuts good for tourism
Listed hospitality giant, African Sun Limited (ASL), has applauded government for directing the police to reduce the number of roadblocks on the country's highways saying it will open up the eastern b...Published: 06 Jul 2017 at 14:41hrs | 1054 | by Staff reporter
Mudenda advises Merlin to make diapers not napkins
ONE of Bulawayo's iconic textile firms, Merlin, needs a total overhaul of its production model so it can be turned around, Speaker of the National Assembly Jacob Mudenda has said.Addressing de...Published: 04 Jul 2017 at 17:16hrs | 1694 | by Staff reporter
Zimbabwe bond notes on Botswana black market
THE Reserve Bank of Zimbabwe (RBZ) claims bond notes are now being sold in Botswana, bringing to four the number of Sadc countries where bond notes are reportedly on sale.Initially, the centra...Published: 04 Jul 2017 at 06:34hrs | 1185 | by Staff reporter
Mudenda turns against Mugabe
Spending too much time in leadership turns people evil, National Assembly speaker Jacob Mudenda has said.Mudenda told delegates at the on-going Zimbabwe National Chamber of Commerce (ZNCC) con...Published: 30 Jun 2017 at 13:56hrs | 6741 | by Staff reporter
Mugabe's govt, Banks row over farmers' 99-year leases
A ROW has erupted between local financial institutions and Government over the bankability of 99-year leases, which had been primed as the solution for farmers to unlock credit from banks.This...Published: 30 Jun 2017 at 06:42hrs | 298 | by Staff reporter
Zinara top brass suspended
THE Zimbabwe National Road Administration has suspended its top brass in the finance, administration and human resources departments on charges which include violating tender and procurement procedure...Published: 30 Jun 2017 at 06:29hrs | 434 | by Staff reporter
Mudenda queries lack of Diaspora policy, Act
Speaker of the National Assembly Jacob Mudenda has questioned why Zimbabwe does not have a Diaspora policy and Act that encourages remittances into the country in view of the ZimAsset economic bluepri...Published: 30 Jun 2017 at 06:11hrs | 135 | by Staff reporter
Mphoko scoops ZNCC top award
CHOPPIES Zimbabwe managing director Mr Siqokoqela Mphoko has scooped Zimbabwe National Chamber of Commerce Manager of the Year award, confirming his reputation and skills in managing one of the fastes...Published: 18 Jun 2017 at 10:34hrs | 859 | by Staff reporter
ZNCC to host business awards event in Bulawayo
The Zimbabwe National Chamber of Commerce (ZNCC) will this Friday conduct a Pinnacle event which involves the Matabeleland Annual Business awards in Bulawayo, a dinner ceremony which will take place a...Published: 08 Jun 2017 at 13:43hrs | 209 | by Stephen Jakes
Zimbabwe lures Russian investors
RUSSIAN investors are keen to co-operate with Zimbabwe in its re-industrialisation process and economic revival through increased investments in the country, Industry and Commerce Minister Dr Mike Bim...Published: 08 Jun 2017 at 06:52hrs | 273 | by Staff reporter
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