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Thembi Moyo elected president of regional railway body
Beitbridge-Bulawayo Railway chief executive Thembi Moyo was today (Wednesday) elected president of the Southern African Railways Association at the first SARA board meeting of 2019. Namibian railway T...Published: 14 mins ago | 7 | by Staff reporter
Mnangagwa cannot fix Zimbabwe's crisis. He needs Chamisa WRITES Tendai Biti
Zimbabwe is in crisis. But to expect the ruling ZANU-PF government to resolve this is improbable at best. It is, more likely, impossible.Today nearly four out of every five Zimbabweans just ab...Published: 5 hrs ago | 2495 | by Tendai Biti
Bulawayo councillors to declare assets
BULAWAYO councillors have succumbed to pressure from residents and have crafted a policy that compels them to declare personal assets and financial interests in the spirit of promoting transparency an...Published: 14 hrs ago | 533 | by Staff reporter
Mnangagwa splurges US$1m to re-engage US
GOVERNMENT has hired a second American consultancy firm, Avenue Strategies Global LLC, for US$1 080 000 to lobby the United States government to drop sanctions against the southern African nation, New...Published: 14 hrs ago | 698 | by Staff reporter
US-Africa summit boost for Zimbabwe
President Mnangagwa yesterday flew to Mozambique for the 12th edition of the US-Africa Business Summit, which provides Zimbabwe a platform to engage with United States of America and African private s...Published: 14 hrs ago | 429 | by Staff reporter
Peter Moyo fired by Trevor Manuel chaired Old Mutual
The board of Old Mutual on Tuesday announced that it had fired its suspended chief executive Peter Moyo due to "a material breakdown in trust and confidence"."Moyo's actions since the suspensi...Published: 18 Jun 2019 at 17:26hrs | 1891 | by City Press
Mnangagwa arrives in Maputo
President Mnangagwa arrived here today for the 12th edition of the US-Africa Business Summit, which ends on Friday.He was met at Maputo International Airport by Zimbabwe's Ambassador to the US...Published: 18 Jun 2019 at 17:19hrs | 1287 | by Staff reporter
Business ideas for entrepreneurs to try in 2020
Every year 8 from 10 businesses get shut down. There are many reasons why they lack success, but one of the main factors is that the entrepreneurs don’t consider the trends and needs of the market w...Published: 18 Jun 2019 at 15:01hrs | 1395 | by Staff Writer
General Chiwenga appointed Acting President
Vice President Coinstantino Nyikadzino Chiwenga has been appointed Acting President. This was announced on Tuesday when President Emmerson Mnangagwa left the country headed to Mozambique. ...Published: 18 Jun 2019 at 14:25hrs | 14545 | by Mandla Ndlovu
High Court sets rules for ZACC interviews
INTERVIEWS for the appointment of commissioners of the Zimbabwe Anti-Corruption Commission (Zacc) on Friday must be steered by a full Committee on Standing Rules and Orders (CSRO) of Parliament and no...Published: 18 Jun 2019 at 08:01hrs | 344 | by Staff reporter
Best penny stocks to watch in 2019
Best Penny Stocks to Watch in 2019 Penny stocks are high risk, high reward investments but that doesn't mean you should ignore them. If you ...Published: 18 Jun 2019 at 07:19hrs | 380 | by Staff Writer
Zimbabwe's currency reforms dilemma
The Zimbabwean government has indicated that the country will be launching a new currency before the end of 2019. The announcement has caused some confusion amongst businesses and the transacting publ...Published: 17 Jun 2019 at 18:01hrs | 2160 | by Victor Bhoroma
Zimbabwe FDI doubles to $745 million in 2018 ($349 million in 2017)
Zimbabwe's Foreign Direct Investment (FDI) inflows more than doubled to $745 million in 2018 from $349 million in 2017, on the back of a small number of approved projects, latest report shows. FDI out...Published: 17 Jun 2019 at 09:38hrs | 1298 | by FinX
Hope emerges in Zimbabwe
Nearly two decades after the European Union imposed sanctions on Zimbabwe, a thaw in relations is palpable, following praise by the EU ambassador and head of the EU-Zimbabwe Delegation Timo Olkkonen....Published: 17 Jun 2019 at 08:29hrs | 7100 | by EU Today
Victoria Falls rejects local currency
The resort town of Victoria Falls has almost completely dollarised due to the volatility of the local currency, but the development has adversely affected residents, it has emerged.Landlords, ...Published: 16 Jun 2019 at 20:21hrs | 2343 | by Staff reporter
Mthuli Ncube's speech to AfDB boards of governors - Fulltext
Speech by the minister of finance and economic development, Hon. Prof. Mthuli Ncube during the 2019 annual meetings of the boards of governors of the African Development Bank Group: Malabo, Republic o...Published: 16 Jun 2019 at 20:03hrs | 940 | by Mthuli NCube
Good back-up power now essential for security systems
Safeguard Security has advised householders and business people to ensure their properties are secure and that security alarm batteries are adequate to protect their properties during electricity load...Published: 16 Jun 2019 at 19:02hrs | 173 | by Staff reporter
Rising demand pushes the ZSE
The Zimbabwe Stock Exchange (ZSE) climbed significantly during the week ended June 14 2019, on rising demand across the board. The market recorded gains for the 12th week in a row. All equity gauges t...Published: 16 Jun 2019 at 09:43hrs | 804 | by Fungai Nyaungwa
Councillors legally mandated to declare their assets
BULAWAYO City Councillors and members of staff will now be legally mandated to declare their assets among a cocktail of new provisions under the conflict of interests and confidentiality policy which ...Published: 16 Jun 2019 at 09:39hrs | 207 | by Staff reporter
Zanu-PF intolerance fuels tension
THREATS by Zanu-PF youth leaders to counter the opposition and civic groups' planned anti-government protests are a clear indication of the ruling party's intolerance of multi-party democracy and huma...Published: 15 Jun 2019 at 09:06hrs | 428 | by Editorial - Newsday
'Sanctions alone not the cause of Zimbabwe economic woes'
Zimbabwe Coalition on Debt and Development executive director Janet Zhou has said while Western sanctions imposed on the country were negatively affecting the economy, it was trite to note that gross ...Published: 15 Jun 2019 at 08:55hrs | 212 | by Staff reporter
'My main focus is to make urbanites understand Zanu-PF'
The ruling party Zanu-PF on Tuesday appointed Zimbabwe National Liberation War Veterans' Association (ZNLWVA) secretary-general Victor Matemadanda as secretary for the Commissariat. He replaced Engelb...Published: 15 Jun 2019 at 08:51hrs | 418 | by Staff reporter
Mnangagwa prosecutor bunks Harare City bosses trial
The trial of former City of Harare commission chairpersons Sekesai Makwavarara, Michael Mahachi and former town clerk Tendai Mahachi, who are facing charges of awarding Augur Investment Company a cont...Published: 14 Jun 2019 at 19:19hrs | 399 | by Staff reporter
Chamisa told to form Parallel Government
MDC leader Nelson Chamisa has been challenged to form a parallel government that will lead development in the country. Addressing a gathering of young people of Thursday Businessma...Published: 14 Jun 2019 at 14:13hrs | 10132 | by Mandla Ndlovu
Zimbabwe's endless currency circus and cycle
When it comes to currency management in Zimbabwe there is always déjà vu which is a result of repeated fallible prescriptions. It's a circus where the actors enjoy their never-ending play with the a...Published: 14 Jun 2019 at 11:46hrs | 3581 | by Ngonidzaishe Makaha and Adrian Mapiye
Mnangagwa ally's ACF restructures, suspends operations
One of Zimbabwe's major chrome producers, African Chrome Fields (ACF), has temporarily suspended operations as the company embarks on a restructuring exercise.Information at hand shows ACF pro...Published: 14 Jun 2019 at 11:38hrs | 2766 | by Staff reporter
Mnangagwa's govt re-ignites currency debate
PRESIDENT Emmerson Mnangagwa's remarks over the weekend that Zimbabwe would have a fully-fledged local currency before the end of the year, ending the multi-currency regime enacted in 2009, effectivel...Published: 14 Jun 2019 at 08:25hrs | 2070 | by Brett Chulu
Zimbabwe in austerity-induced recession
"OUTPUT in Zimbabwe is expected to contract in 2019 with a sharp rise in inflation reducing real incomes and foreign exchange shortages constraining activity," the World Bank reports in its Global Eco...Published: 14 Jun 2019 at 08:22hrs | 790 | by Tinashe Kaduwo
New currency unlikely to perform miracles for Zimbabwe
GOVERNMENT'S plans to unveil a new currency by year-end without addressing macro-economic fundamentals could be catastrophic, while the proposed local unit risks suffering the same fate as the defunct...Published: 14 Jun 2019 at 08:21hrs | 1131 | by Staff reporter
Zimbabwe pension payouts delayed as foreign company cuts off Zimbabwe banks
PENSIONERS might have to wait a bit longer before they receive their monthly pay outs, which were due yesterday, the National Social Security Authority (NSSA), said yesterday. It said the dela...Published: 14 Jun 2019 at 07:56hrs | 902 | by Staff reporter
Mthuli Ncube targets price stabilisation
Government's fiscal consolidation measures and other initiatives introduced into Zimbabwe's economic programmes should see prices of goods starting to drop from next month, Finance and Economic Develo...Published: 14 Jun 2019 at 07:48hrs | 1278 | by Staff reporter
Mnangagwa invites major Chinese company
President Mnangagwa has invited Chinese construction firm, Shanghai Construction Group, to establish offices in Zimbabwe in preparation for future infrastructure construction projects, as the country ...Published: 14 Jun 2019 at 07:48hrs | 338 | by Staff reporter
Zimbabwe groaning under economic turbulences
Zimbabwe focuses on the economic challenges facing the nation since 2008. The economy is now resembling a run away train towards a bombed bridge. There is great economic improvements at the top with c...Published: 13 Jun 2019 at 18:16hrs | 1538 | by Dr Masimba Mavaza
Oil tycoon splashes S$200k on Mnangagwa scarf
Oil tycoon Kudakwashe Tagwirei paid RTGS$200,000 (about US$33,000) for President Emmerson Mnangagwa's signed scarf at a fundraising dinner for the Zimbabwe national football team on Wednesday night....Published: 13 Jun 2019 at 11:04hrs | 5711 | by ZimLive
UK to end contribution to climate change by 2050
The Prime Minister has today announced that the UK will eradicate its net contribution to climate change by 2050.The statutory instrument to implement this will be laid in Parliament today, We...Published: 13 Jun 2019 at 08:22hrs | 268 | by Staff reporter
Harare fly-overs in bad shape: Engineers
A NUMBER of fly-overs in Harare are in need of urgent attention as they risk collapse, a civil engineer's body has warned.The structures include the Simon Mazorodze Road (Beatrice Road) fly-ov...Published: 13 Jun 2019 at 07:28hrs | 1136 | by Staff reporter
Envoy's daughter duped in tender scam
A WOMAN believed to be the daughter of Zimbabwe ambassador to Belgium, Tadeous Tarirenyika Chifamba, was allegedly duped of US$2 000 after being promised a contract to supply uniforms to the Zimbabwe ...Published: 13 Jun 2019 at 07:19hrs | 545 | by Staff reporter
'Write to unite Zimbabweans'
Deputy Minister of Information, Publicity and Broadcasting Services Honourable Energy Mutodi; Permanent Secretary in the Ministry of Information, Publicity and Br...Published: 13 Jun 2019 at 07:08hrs | 232 | by Monica Mutsvangwa
Mnangagwa wants Zimbabwe to be a football powerhouse by 2030
PRESIDENT Mnangagwa says the country should transform itself into a football powerhouse by 2030 and has challenged the nation to rally behind the Warriors in their 2019 AFCON finals adventure in Egypt...Published: 13 Jun 2019 at 07:07hrs | 201 | by Staff reporter
Epson to set up office in Zimbabwe
Swedish information communication technologies (ICTs) giant Epson Europe BV will set up office in Harare next week in response to President Mnangagwa's pro-investment reforms under the New Dispensatio...Published: 13 Jun 2019 at 07:04hrs | 504 | by Staff reporter
'We are Warriors,' says Mnangagwa
PRESIDENT Mnangagwa has said that under the Second Republic, sport plays a critical role in uniting the people as well as being a vehicle for development. He said this last night at the fundraising di...Published: 13 Jun 2019 at 07:03hrs | 282 | by Staff reporter
Rainbow Tourism Group trading update
The company delivered a strong performance in 2018 achieving revenues of $34.3 million which was 27% above the prior year despite an increasingly challenging economic climate. This performance w...Published: 13 Jun 2019 at 07:00hrs | 220 | by Rainbow Tourism Group
Extraordinary measure for extraordinary: A case of Zimbabwe's austerity measures
In the Bible when Jacob was faced with a situation he was supposed to meet Esau his brother he was so afraid knowing that he had subtly stolen the latter's blessing. During the night, Jacob wrestled a...Published: 12 Jun 2019 at 15:34hrs | 791 | by Elijah Chihota
Another blow for Bulawayo
BULAWAYO textile manufacturing firm, National Blankets (Pvt) Limited, has been liquidated following years of poor performance and failure to find a good investment suitor in yet another blow to the ci...Published: 12 Jun 2019 at 08:59hrs | 3024 | by Staff reporter
Fix politics, not currency, says Chamisa
PRESIDENT Emmerson Mnangagwa's plans to abolish the multi-currency system in favour of a new local currency could spectacularly fail, resulting in more catastrophe for troubled Zimbabwe if fundamental...Published: 12 Jun 2019 at 08:04hrs | 6894 | by Staff reporter
BCC struggles to complete roads maintenance projects
BULAWAYO City Council (BCC) is struggling to carry out its road maintenance programmes across the city due to the unavailability of fuel and financial resources, a report has revealed.Accordin...Published: 12 Jun 2019 at 07:06hrs | 329 | by Staff reporter
Ideas, not money is what is in short supply in Zimbabwe
The economic challenges facing Zimbabwe are not about money. Our major issue is deficiency of a supportive government with competencies to design policies that enable innovation and value creation....Published: 12 Jun 2019 at 07:03hrs | 556 | by Brian Sedze
Singaporean man loses US$517k investment to Zimbabwean partner
A SINGAPOREAN investor Ramason Bupedra allegedly lost his investment worth US$517 000 after his Zimbabwean business partner fraudulently changed the shareholding structure before selling their mining ...Published: 12 Jun 2019 at 07:02hrs | 1186 | by Staff reporter
Matemadanda warns corrupt bigwigs
NEWLY appointed Zanu-PF Secretary for Commissariat Victor Matemadanda says top Government officials and party bigwigs implicated in corrupt activities should clear their names first before assuming pu...Published: 12 Jun 2019 at 07:01hrs | 826 | by Staff reporter
AfDB boost for Mthuli Ncube
FINANCE and Economic Development Minister Professor Mthuli Ncube has said the African Development Bank (AfDB) board has endorsed Zimbabwe's reform agenda under the Transitional Stabilisation Programme...Published: 12 Jun 2019 at 07:00hrs | 5634 | by Staff reporter
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