Gold steady
BENGALURU. — Gold steadied near a more than six-month peak yesterday as the dollar’s slight recovery offset concerns about economic growth after US-China talks failed to provide clarity on efforts to...
View ArticleSA rand stable
JOHANNESBURG. — South Africa’s rand held steady in early trade yesterday, with the dollar subdued and markets hopeful that an all-out U.S.-China trade war could be averted. At 0731 GMT, the rand...
View ArticleSA waste management firm keen to invest in Zim
Business ReporterA SOUTH African company, Mashana Business Enterprises — whose representatives met President Mnangagwa at the World Economic Forum in Davos, Switzerland last year — has approached...
View ArticleManufacturers favour tuckshops paying forex
Africa Moyo Senior Business ReporterGOVERNMENT’S battle to provide lowly priced products to citizens could be futile as long as manufacturers continue to deliver goods to traders in the informal...
View ArticleFirm launches ICT fuel management system
Ishemunyoro Chingwere Business ReporterA FUEL solutions technology company, Garage and Forecourt (Pvt) Ltd, is rolling out an ITC based fuel management system that it argues might be panacea to manual...
View ArticleIndustry engages Govt
Africa Moyo and Bernard YombayombaGOVERNMENT is working towards resolving production bottlenecks in the manufacturing sector that have seen high prices for several products and shortages in some...
View ArticleCompanies to Collapse in 30 Days
By Melody Chikono and Chipa Gonditii Many manufacturers could be forced to halt operations if government fails to arrest the crippling currency crisis within the next 10 days as most companies are...
View ArticleU.S.$ Pricing Will Hit Demand and Lead to Job Losses – Experts
By Alois Vinga BUSINESS and economics experts have condemned pricing in foreign currency, warning that the development will reduce product demand and forcing companies to operate below capacity which...
View ArticleEmirates Appoints New Head for Zimbabwe
Emirates Airline has appointed a new manager for Zimbabwe, the Dubai-based airline confirmed Thursday. Nasser Bahlooq’s appointment was one of several across its Africa and Middle East operations....
View ArticleGvt Warns Rowdy Protestors… Social Media Abusers Face Arrest
By Freeman Razemba Government has warned members of the public against infringing on the rights of others by blocking roads and causing chaos by forcing work bound people to return home. The...
View ArticleGovt Commitment to Austerity Welcome
EDITORIAL The decision to suspend purchase of condition-of-service vehicles for ministers announced on Friday should leave no doubt about Government’s commitment to implementing austerity measures....
View ArticleCJ to Open Legal Year
By Innocent Ruwende Chief Justice Luke Malaba is today expected to deliver a keynote address to mark the official opening of the 2019 Legal Year at Mashonganyika Building, which houses the...
View ArticleHeal Zimbabwe Statement On the Current Political and Economic Situation in...
Heal Zimbabwe notes with concern the economic crisis that has plunged the country into a wave of uncertainty and turmoil. It is Heal Zimbabwe’s view that if government fails to address the current...
View ArticleTax Relief for Business
Registered and tax-compliant businesses in the four productive sectors that do not increase prices beyond those prevailing before Saturday will be eligible for tax relief on the higher excise duties...
View ArticleStiff Penalties for Errant Fuel Firms
Owners of oil companies and service stations that cheat in buying or selling fuel face heavy penalties under new regulations gazetted at the weekend which also show that almost all the fuel price...
View ArticlePresident’s Interventions Take Effect
By Tichaona Zindoga Government and technocrats in the energy sector yesterday finalised a framework to operationalise rebates for transport operators and industry to cushion the public from price...
View ArticleStop Interfering With Business – ZNCC Tells Government
By Alois Vinga The government should stop interfering with business or risk worsening the country’s economic crisis, the Zimbabwe National Chamber of Commerce (ZNCC) has warned. With his ‘Zimbabwe is...
View ArticleInsurance Industry to Unveil New Framework
By Enacy Mapakame The insurance industry will soon unveil a new policy framework as part of efforts to achieve a 20 percent insurance penetration in 2020, as espoused in the Government’s Transnational...
View ArticleUpdated – MDC Violence Leaves Trail of Destruction
Violence instigated by MDC-Alliance and its associates in the non-governmental sector left a trail of destruction in Harare, Bulawayo and other cities yesterday. They also used social media to...
View ArticleMnangagwa to Meet Putin On Tuesday
By UK Bureau PRESIDENT Emmerson Mnangagwa is expected to meet Russian counterpart Vladimir Putin in Moscow this Tuesday, the Kremlin press service has confirmed. “During the negotiations with...
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