Search / Foreign-owned
Zimbabwean migrants lose jobs in SA after raid on spaza shops
Zimbabweans working in South Africa's spaza shops are facing hardship following a series of raids targeting foreign-owned tuckshops after allegations of food poisoning incidents, which have left child...Published: 04 Dec 2024 at 06:51hrs | 345 | by Staff reporter
3 Chinese nationals shot in copper plant robbery
Three Chinese nationals were seriously injured in a dramatic movie-style robbery that took place early Sunday morning at the Lanyun Mining Zimbabwe copper processing plant on the outskirts of Chinhoyi...Published: 10 Nov 2024 at 11:05hrs | 1327 | by Staff reporter
Zanu-PF pushes for accelerated de-dolarisation
The ruling Zanu-PF party has resolved to accelerate Zimbabwe's de-dollarisation process and strengthen the Zimbabwe Gold Currency (ZiG) as the country's sole legal tender. This decision was among key ...Published: 29 Oct 2024 at 13:50hrs | 4007 | by Staff reporter
Zimbabwean migrants flee Dudula raids in Soweto
A STREET trader ran into her house and locked herself inside and watched in trauma while a group of people wearing Operation Dudula T-shirts ransacked her vegetable stall.For about 30 minutes,...Published: 24 Aug 2024 at 11:44hrs | 464 | by Staff reporter
Dinson refutes claims 19 workers died at steel plant
The Chinese-run Dinson Iron and Steel Company has dismissed recent claims of a fatal workplace accident involving 19 workers, threatening legal action against those spreading false information....Published: 23 Jul 2024 at 07:28hrs | 1007 | by Staff reporter
South African GNU and Zimbabwe economy
GNU as portfolio controlThis week, South Africa's President Cyril Ramaphosa was inaugurated for his second and last term in office under the current Constitution.What is now awaited is...Published: 22 Jun 2024 at 11:28hrs | 3 | by @Jamwanda2 on Saturday
Gayton McKenzie is not from Gweru, Zimbabwe
Gayton McKenzie, a South African politician and a previously convicted bank robber, refutes allegations suggesting he hails from Gweru, Zimbabwe. As the president of the Patriotic Alliance political p...Published: 10 Jan 2024 at 07:57hrs | 15 | by Staff reporter
Edd Branson mobilises $100 million for African telecoms sector
Zimbabwean businessman and investor Edd Branson has entered the mobile telecommunications space with a 100 million fund to buy equity in African GSM operators.Branson and his consortium are ey...Published: 11 May 2023 at 06:58hrs | 1 | by Nkululeko Nkomo
Zimbabwe gears up for new investor-friendly empowerment law
The Zimbabwean cabinet has approved the principles of the Economic Empowerment Bill, which seeks to repeal previous legislation that has been condemned as investor unfriendly."The principles w...Published: 03 Oct 2022 at 06:16hrs | | by Staff reporter
Gwanda mine raises US$8 million from Victoria Falls bourse
WITH only six months after officially listing on the Victoria Falls Stock Exchange (VFEX), Jersey domiciled gold producer, Caledonia Mining Corporation, which operates Blanket Mine in Gwanda, says the...Published: 09 Jun 2022 at 06:37hrs | 10 | by Staff reporter
Zimbabweans won't flee South Africa to return home
"WHEN you see a rat running into a fire, then you know that what it is running away from is hotter than the fire." - African proverb. Zimbabweans, who are in their millions in South Africa - som...Published: 27 Apr 2022 at 13:41hrs | | by Staff reporter
FULL TEXT: Ramaphosa talks tough on killing of Elvis Nyathi
Dear Fellow South African, Twenty-five years ago, our new democratic Constitution came into effect. In adopting this Constitution, we affirmed our commitment to a society based on democr...Published: 13 Apr 2022 at 13:19hrs | 17 | by Cyril Ramaphosa
Ramaphosa condemns killing of Elvis Nyathi
President Cyril Ramaphosa has condemned the killing of Elvis Nyathi in South Africa's Diepsloot and described it as immoral, racist" and criminal.In a statement shared on the President's websi...Published: 11 Apr 2022 at 16:23hrs | 8 | by Staff reporter
Chiwenga berates opposition-led BCC
VICE-PRESIDENT Constantino Chiwenga yesterday berated the opposition-led Bulawayo City Council (BCC) for allegedly running down the city through corruption and poor service delivery.Chiwenga m...Published: 05 Mar 2022 at 08:22hrs | | by Staff reporter
Chiwenga slams Bulawayo City Council
VICE PRESIDENT Constantino Chiwenga yesterday castigated Bulawayo City Council (BCC) for awarding a tender for its new parking system to a foreign-owned company, Tendy Three International (TTI), inste...Published: 05 Mar 2022 at 08:13hrs | 1 | by Staff reporter
Zimbabwean bankers sweat over forex crackdown
Zimbabwean bankers are fretting over compliance with government directives to root out "illegal foreign currency dealings, with the country's biggest bank, CBZ, cautioning its employees against facili...Published: 17 Oct 2021 at 09:05hrs | | by Staff reporter
Ministers face grilling at mining indaba
Ministries, MPs and miners face grilling on mineral resource governance in the country at the 10th edition of the Zimbabwe Alternative Mining Indaba (ZAMI), which begins today in Bulawayo.ZAMI...Published: 04 Oct 2021 at 05:54hrs | | by Staff reporter
Closure of foreign companies cleared way for local controlled economy
THE closures of foreign-owned companies in Zimbabwe and relocating to neighbouring countries have produced positive growth in Zimbabwe as the country has managed to create its own local controlled eco...Published: 02 Aug 2021 at 07:30hrs | | by Staff reporter
RBZ forex auction system overwhelmed
THE Reserve Bank of Zimbabwe (RBZ)'s foreign currency auction system is overwhelmed as it struggles to meet growing demand, leading to a two-month delay in payment of successful bids.This has ...Published: 30 Jul 2021 at 07:29hrs | 6 | by Staff reporter
Zimbabwe's second-largest gold producer to list on Victoria Falls Exchange
Caledonia Mining Corp, Zimbabwe's second-largest gold producer by volume, has begun the process for listing on the country's new bourse, which trades exclusively in U.S. dollars.The listing pl...Published: 08 Jul 2021 at 21:12hrs | | by Staff reporter
Unchecked Xenophobia in SA to cause Civil Unrest Domino Effect in the Region
"As a young opposition party leader in Zimbabwe, I'm deeply concerned about the security of Zimbabwean lives and property in South Africa as fresh xenophobic attacks take centre stage during this toug...Published: 25 Dec 2020 at 09:08hrs | 7 | by Staff reporter
RBZ swoops on foreign entities
THE Reserve Bank of Zimbabwe (RBZ) has launched an investigation into the conduct of at least 15 foreign-owned companies, which have allegedly externalised millions of United States dollars, according...Published: 27 Nov 2020 at 07:07hrs | | by Staff reporter
SA Home Affairs, DA denounce violence against foreigners
South Africa's Home Affairs Department and that country's main opposition political party, the Democratic Alliance (DA) on Friday denounced the violence by some locals targeting foreign nationals in D...Published: 06 Nov 2020 at 19:06hrs | | by Staff reporter
Zanu-PF to take part in Govt procurement processes, says Chinamasa
ZANU-PF is finalising on preparing a document that will among other issues see the governing party being involved in the lucrative government procurement business.The party's acting national s...Published: 22 Sep 2020 at 06:25hrs | | by Staff reporter
US media has become the true opposition
LISTEN ye men of Dzimbahwe, even those foolish MaShurugwi, to these wise words.Over the last 30 years, the power of the media has grown out of all proportion to its intended purpose, which was...Published: 06 Sep 2020 at 08:59hrs | 12 | by Ken Mufuka
Zimplats warns of possible tax dispute with govt
MINING concern Zimplats has warned that a possible dispute over payment of taxes with the government could have an impact on future financial results.This was revealed by the platinum miner in...Published: 03 Sep 2020 at 06:17hrs | | by Staff reporter
Ramaphosa closes South Africa embassy in Nigeria
South Africa has temporarily closed its diplomatic missions in Nigeria following reprisal attacks by Nigerians triggered by xenophobic violence in South AfricaSince Sunday, in South Afri...Published: 05 Sep 2019 at 17:58hrs | | by BBC
Nigerians to leave South Africa on Friday
Nigerians living in South Africa have been offered to voluntary leave the country with the assistance of the Nigerian Embassy in South Africa. Aljazeera Senior journalist Haru Mutasa reported ...Published: 05 Sep 2019 at 11:25hrs | 3 | by Mandla Ndlovu
Xenophobia hits Mafikizolo concert
FOLLOWING the xenophobic attacks targeted at foreigners in South Africa, organisers of the Mafikizolo's Back in Town Concert yesterday called off the show that was scheduled for tomorrow at the Harare...Published: 05 Sep 2019 at 08:06hrs | | by Staff reporter
Calls to boycott Mafikizolo concert due to xenophobia
There are widespread calls on social media to boycott the Mafikizolo's Back in Town Concert in protest against the xenophobic attacks targeted at foreigners - including millions of Zimbabweans - in So...Published: 04 Sep 2019 at 12:51hrs | 1 | by Staff reporter
Xenophobia death toll rises to five
SOUTH African President, Cyril Ramaphosa, has warned his compatriots that the violence they are meting out to fellow Africans can be dealt out to them when they visit other countries. Five peo...Published: 04 Sep 2019 at 08:25hrs | 1 | by Staff reporter
Blood of foreigners flow in South African streets as locals swim in joy
If one can not be angered by the animalistic sadistic killings of our people in South Africa then one has a heart of a stone. Please be angry with me as we moan the patriots who are slaughtered like a...Published: 03 Sep 2019 at 22:34hrs | 1 | by Dr Masimba Mavaza
Looting hits SA township in second day of violence
Police have been clashing with looters in South Africa's township of Alexandra in Johannesburg, a day after violence hit other parts of the city.Videos shared online show empty streets and roa...Published: 03 Sep 2019 at 13:51hrs | | by BBC
African governments issue warnings about South Africa violence
Following the outbreak of violence in South Africa, which has seen some foreign-owned businesses targeted, a number of other African countries have expressed their concern and issued warnings....Published: 03 Sep 2019 at 13:50hrs | 1 | by BBC
Mthuli Ncube repeals indigenisation law
Zimbabwe's government has repealed legislation which give Zimbabweans the right to take over and control foreign-owned companies.The indigenisation law requires all companies to be at least 51...Published: 01 Aug 2019 at 22:08hrs | | by BBC
Bloodbath in Zanu-PF over forex 'cartels'
Factional wars dogging Zanu-PF have escalated, with the youth league declaring a war against party bigwigs who are allegedly involved in the illegal foreign currency trade.Zanu-PF youth league...Published: 23 Jun 2019 at 21:13hrs | 1 | by Staff reporter
Old Mutual boss to step down
Old Mutual Zimbabwe group chief executive Jonas Mushosho, is set to leave the financial services giant before year end, at a time the firm is restructuring and bundling up its business operations. ...Published: 13 May 2019 at 09:05hrs | 8 | by Staff reporter
WATCH: Ramaphosa makes a u-turn on foreign nationals after threatening them
South African President Cyril Ramaphosa, under pressure to withdraw campaign trail comments partly blamed on recent xenophobic attacks on foreigners in Durban, said he condemned the violence "in the s...Published: 30 Mar 2019 at 21:25hrs | | by Staff reporter
African leaders responsible for xenophobia in South Africa
We condemn xenophobia currently underway in South Africa in the strongest terms it deserves, it cannot be justifiable. We have been watching some of the gruesome murders, maiming, and attempted murder...Published: 28 Mar 2019 at 13:30hrs | 1 | by Mbonisi Gumbo
MDC speaks on xenophobic attacks in South Africa
The Opposition Movement for Democratic Change has expressed concern over reports that Zimbabweans living in South Africa are being attacked by local South Africans in fresh xenophobic attacks. ...Published: 28 Mar 2019 at 06:55hrs | | by Mandla Ndlovu
Mawarire calls for closure of SADC borders against SA
National Patriotic Spokesperson Jealousy Mawarire says SADC countries should close borders and bar any South African truck from entering neighbouring countries. Mawarire issued the statement a...Published: 27 Mar 2019 at 12:25hrs | | by Mandla Ndlovu
Mphoko's world crumbling?
Former vice president Phelekezela Mphoko's world is crumbling down following his fall from grace in November last year.The diplomat could just be on the verge of losing what many consider to b...Published: 09 Dec 2018 at 14:11hrs | 5 | by Staff reporter
Zimbabwe fuel consumption spikes 24%
Fuel consumption has spiked 24 percent to 752,4 million litres between January and June this year, largely in response to rising economic activity sparked by renewed investor confidence following the ...Published: 03 Sep 2018 at 07:12hrs | | by Staff reporter
Business happy with polls conduct
Industry has lauded Zimbabweans for conducting themselves in a peaceful and mature manner during the whole campaign period until the commencement of voting yesterday and is pinning hopes for major eco...Published: 31 Jul 2018 at 08:16hrs | 1 | by Staff Reporter
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 | 1 | by Staff reporter
Zimbabwe farmer's escape from death's jaws
AFTER spending 80 years on the same farm, building a school that the late Defence minister Moven Mahachi once attended, the Smart family thought nothing would uproot them from this property they had g...Published: 12 May 2018 at 15:14hrs | 1 | by Staff reporter
Bigwigs corruption continues unabated
ENTRENCHED corruption and nepotism fuelled by elite members of President Emmerson Mnangagwa's administration despite the so-called "new dispensation" reflects an unabated continuation of unscrupulous ...Published: 20 Apr 2018 at 11:12hrs | | by Staff reporter
'Zimbabwe wants global investments'
ZIMBABWE is looking for investment from the whole world and has ring-fenced its investment portfolio facilities to attract potential suitors from across the globe.Reserve Bank of Zimbabwe (RBZ...Published: 17 Apr 2018 at 07:09hrs | 1 | by Staff reporter
Zimbabwe Communist Party blames indigenisation policy
THE Zimbabwe Communist Party (ZCP) has blamed government's indigenisation policy for causing the current economic crisis, which has culminated in the crippling cash shortage.ZCP secretary-gene...Published: 27 Sep 2017 at 06:19hrs | | by Staff reporter
Tsvangirai's MDC to repeal indigenisation law, take away farms
Morgan Tsvangirai's MDC says it will repeal a law to force the transfer of foreign-owned firms to local ownership if it wins power in the 2018 elections.MDC shadow Finance minister Tapiwa Mash...Published: 19 Sep 2017 at 19:18hrs | | by Staff reporter
Load More Stories