New medical aid package launched
Herald Reporter Belvedere Medical Centre has introduced a new medical aid package — Save life Medical Aid Fund — aimed at providing quality and affordable services to patients. According to BMC, this...
View ArticleDiasporans should pay for Air Zim services in US$: Cabinet
CABINET has resolved that Zimbabweans living in the diaspora should pay for Air Zimbabwe services in United States dollars, Transport and Infrastructural Development minister Joel Biggie Matiza has...
View ArticleBillionaire Eyes Health Sector
By Kuda Bwititi One of China’s top billionaires, Mr Li Jinyuan, has committed to invest in Zimbabwe after he held talks with President Mnangagwa last week. Mr Li, who is chairman and chief executive of...
View ArticleZim Life Expectancy Set to Increase
By Paidamoyo Chipunza Zimbabweans will live up to an average of 61,3 years in two decades up from the average of 59,2 years should current health indicators continue, a new scientific study of...
View ArticleUnity, Peace Key to FDI – President
By Patrick Chitumba The peace and unity prevailing in Zimbabwe are the cornerstone to its modernisation and a prerequisite for attracting foreign investment, President Mnangagwa has said. The President...
View ArticleBuilding Value Chains, Skills for Vision 2030
DOCUMENTBy Emerson D. Mnangagwa Zimbabwe aspires to be an upper middle-income economy with a per capita income of US$3 500 by 2030. This requires fundamental transformations and shifts in the economy....
View ArticleEconomy On Recovery Path –– Parly Speaker
By Bulawayo Bureau Speaker of Parliament Advocate Jacob Mudenda has said the country since the coming in of the new dispensation, is in an economic transformation mode towards improved livelihoods...
View ArticleGovt Must Take Over $2bln Debt Created By Chombo’s 2013 Election Gimmick
GOVERNMENT should take over the US$2 billion council debt which the ruling Zanu PF party ordered local authorities to write-off ahead of the 2013 elections, Kwekwe City Council has suggested. In a move...
View ArticleOil prices jump
SINGAPORE. — Oil prices jumped more than 1,5 percent yesterday after top exporter Saudi Arabia announced a supply cut in December and other producers also considered reductions heading into 2019....
View ArticleSA rand retreats
JOHANNESBURG. — South Africa’s rand was weaker yesterday, with yield-seeking investors continuing to back the dollar and move out of riskier emerging-market and equity assets dampened by signs of...
View ArticleJapan supports Zim in cybercrime fight
Tawanda Musarurwa Senior Business Reporter Japan is set to extend grant aid of $3,6 million (390 million yen) to Zimbabwe for the provision of cyber security equipment. The equipment will be used by...
View ArticlePlea to exempt cotton farmers from 2% tax
THE Cotton Company of Zimbabwe (Cottco) has proposed that cotton farmers be exempted from the 2% tax on electronic transactions as well as from the 10% withholding tax to help them build capacity. BY...
View ArticleZim receives $3,6 million grant to fight cyber crime
ZIMBABWE yesterday received a $3,6 million grant from Japan to help fight cybercrime. BY FIDELITY MHLANGA Finance minister Mthuli Ncube said the grant for procurement of cyber security equipment,...
View ArticleGovt unveils parastatal reform strategy
Africa Moyo Senior Business Reporter Government has rolled out detailed plans for the restructuring of State-owned Enterprises (SOEs), with 41 entities lined-up for privatisation, departmentalisation...
View ArticleGovernment Seeks Bidders for Air Zimbabwe Privatisation
By Alois Vinga The government has invited investors to bid for the struggling national airline, Air Zimbabwe which went into administration in October this year. Air Zimbabwe owes local and...
View ArticleChinese Team Explores Business Opportunities
By Farirai Machivenyika A Chinese business delegation from Anhui Province is in the country to explore investment opportunities and will participate in a business forum to be hosted by the Ministry of...
View ArticleAuditor-General Raps Treasury
By Zvamaida Murwira Auditor General Ms Mildred Chiri has rapped Treasury for failing to account for 1 200 computers worth $1,1 million donated by development partners and to properly record Government...
View ArticleForeign suppliers threaten TelOne services over $18m debt
STATE-OWNED telecoms operator, TelOne, has been threatened with service disruption by critical foreign suppliers, who include West Indian Ocean Cable Company (Wiocc) and China-EximBank, among others,...
View ArticleTourism sector seeks tax reviews
TOURISM players have pleaded with Treasury to review the 15% value-added tax (VAT) on foreign accommodation, the 2% transactional tax and duty exemption for car rental owners in order to make the...
View ArticleFake brown bread on the market: CCZ
Some unscrupulous bakers are reportedly colouring white flour brown in making bread as a substitute to using brown flour, NewsDay has learnt. BY TATIRA ZWINOIRA The difference between colouring white...
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