Zanu-PF Bares Fangs at Prof Ncube as Economy Plunges
ZANU PF has apparently broken ranks with its leader and told Finance Minister Mthuli Ncube that he is offside regarding the new 2% tax which has triggered anger among citizens and pandemonium in the...
View ArticleTeacher Rapes, Tricks Victim Into Abortion
A Hatcliffe Primary School teacher appeared in court for allegedly raping his girlfriend and tricking her into taking abortion pills after she fell pregnant. Taurai Chikoto (34) appeared before Harare...
View ArticleCurrency Stabilisation in a Year
By Melody Chikono Zimbabwe’s currency stability hinges on the country’s ability to build up sufficient foreign exchange reserves to support the chosen currency regime’s sustainability, a Fitch research...
View ArticleGood Times Beckon for Zim Mining Sector
By Golden Sibanda Zimbabwe’s mining sector is headed for exciting times with foreign investors reportedly reaching lofty heights since the new dispensation rose to power, subsequently staging peaceful...
View ArticleContractors urge Govt to engage locals
Patrick Chitumba Midlands Bureau Chief The Zimbabwe Building Contractors Association (ZBCA) has called on Government to engage local contractors in major construction projects to curb the “export” of...
View ArticleElectric cars cast growing shadow on profits
PARIS. – Electric cars are poised to arrive en masse in European showrooms after years of hyped concept-car launches and billions in investment by automakers and suppliers. Battery models making their...
View ArticleCement sector has excess capacity: Lafarge
Bulawayo Bureau Zimbabwe cement industry has excess capacity to meet the 1,3 million tonnes annual domestic demand as the sector has an installed capacity of 2,4 million tonnes, an official has...
View ArticleListed property firms gain ground
Enacy Mapakame Property Reporter Zimbabwe Stock Exchange (ZSE) listed property firms last week recovered from losses they incurred in the first half of the year with gains sustained by increased demand...
View ArticleInflation hits post-dollarisation high
THE year-on-year inflation rate stood at 5,39 % in September, the highest since dollarisation, latest data from the Zimbabwe National Statistical Agency (ZimStat) shows. BY FIDELITY MHLANGA This is the...
View ArticleExhibitors at Mine Entra clinch ‘lucrative’ deals
THE majority of exhibitors who took part at the mining, engineering and transport exhibition (Mine Entra) managed to seal “lucrative” deals, the Zimbabwe International Trade Fair (ZITF) Company has...
View ArticleCompanies Act to be overhauled
PARLIAMENT has gazetted the Companies and Other Business Entities Bill, 2018, which will, among other issues, update the archaic 67-year-old Companies Act which was legislated way back in 1951. BY...
View ArticlePublic Service Calls for Vision 2030 Strategic Plans
By Tendai Mugabe The Public Service Commission has directed all ministries and their internal structures to come up with strategic plans by December that will help deliver Vision 2030 enunciated by...
View ArticleVast Resources to Develop Spv for Marange Diamond Fields
By Tawanda Musarurwa Diversified mining group, Vast Resources, has said Botswana Diamonds has signed on to develop the Heritage concession in the Marange diamond fields, which will see the development...
View ArticleWheat supply remains critical
Enacy Mapakame Herald Reporter Zimbabwe’s wheat supplies remain critical due to logistical challenges arising from failure by the National Railway of Zimbabwe to speedily move the grain from Beira,...
View ArticleCar Dealers in Panic Mode
There is a drastic increase in motor vehicle imports through Beitbridge Border Post as dealers are rushing to buy cars in South Africa, amid speculation that Government will soon demand payment of duty...
View ArticleCement sector has excess capacity: Lafarge
Bulawayo Bureau Zimbabwe cement industry has excess capacity to meet the 1,3 million tonnes annual domestic demand as the sector has an installed capacity of 2,4 million tonnes, an official has...
View ArticleAMA raises $75m for grain procurement
Martin Kadzere Senior Reporter The Agricultural Marketing Authority has raised $75 million for grain procurement after the agro-bills it issued last month were fully subscribed, an official said....
View ArticleAfreximbank confirms $500m facility talks
Business Reporter The African Export-Import Bank (Afreximbank) has confirmed holding talks with a Zimbabwean delegation led by Finance and Economic Development Minister Professor Mthuli Ncube in...
View ArticleAgric Trust disburses $87m to agric
Africa Moyo Senior Business Reporter THE Zimbabwe Agricultural Development Trust (ZADT) has disbursed $87,5 million to almost 530 000 small-holder farmers and agribusinesses, as it seeks to boost their...
View Article‘Capitalise on mining boom’
Golden Sibanda Senior Business Reporter MINES and Mining Development Minister Winston Chitando has challenged the local manufacturing industry to quickly position itself for anticipated boom of the...
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