Zimra targets foreign companies evading tax
Responding to questions from NewsDay at a recent media engagement, Mazani said Mnangagwa and Chinamasa had lent a supportive ear. “This is something that I have actually engaged with the minister...
View ArticleCity Parking loses $1,5m annually — official
By Innocent Ruwende Government offices within the central business district (CBD), vending and mushika-shika among other factors have taken over about 1 200 bays for free use in the CBD costing city’s...
View ArticleCBZ appoints new CEO
The country’s biggest banking institution CBZ Holdings Limited has announced the appointment of Dr Blessing Mudavanhu as the group chief executive officer with effect from June 1, 2018. Dr Mudavanhu...
View ArticleZCFU engages banks over 99-year leases
The Zimbabwe Commercial Farmers Union (ZCFU) is negotiating with banks to allow farmers to use 99-year leases as collateral so that they can access loans to boost productivity in the horticulture...
View ArticleHwange boss denies resignation claims
Martin Kadzere and Tawanda Musarurwa A showdown is looming between suspended Hwange Colliery Company Ltd managing director Thomas Makore and the board after he denied claims he had resigned. It has...
View ArticleClimate smart agric practices bear fruit
Climate smart agriculture practices are easing the burden of climate change for small scale farmers in drought prone areas in the country. At 35 years, Hazvinei Charuma is a living proof of the immense...
View ArticleTRB warn of tobacco disease next season
The Tobacco Research Board (TRB) says the 2018 -2019 tobacco farming season may be greatly affected by the potato virus y (PVY) as some farmers have failed to comply with the Tobacco Act that directs...
View ArticleCafca bemoans forex shortage for expansion
BY TATIRA ZWINOIRA In a statement accompanying Cafca’s half-year results for the six months ended March 31, 2018 last week, company secretary, Caroline Kangara said they were expecting their second...
View ArticleRBZ Doubles Forex Allocation for Fuel
By Farirai Machivenyika Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday said it had doubled foreign currency allocation to fuel suppliers from $10 million to $20 million per week to...
View ArticleGovt Welcomes Investment in Steel Industry
By Enacy Mapakame Government is receptive to investment in the steel industry that promotes growth of the small to medium enterprises together with beneficiation and value addition across value chains,...
View ArticleHwange Boss Denies Resignation Claims
Martin Kadzere and Tawanda Musarurwa A SHOWDOWN is looming between suspended Hwange Colliery Company Ltd managing director Thomas Makore and the board after he denied claims he had resigned. It has...
View ArticleParly Gives Mugabe Ultimatum
By Zvamaida Murwira Parliament yesterday issued an ultimatum to former president, Mr Robert Mugabe, to appear before the Mines and Energy portfolio committee to give oral evidence on diamond leakage at...
View ArticleRBZ to Increase Forex Allocation for Fuel
By Africa Moyo Tne Reserve Bank of Zimbabwe (RBZ) plans to increase foreign currency allocations for the importation of fuel in the second half of the year to about $100 million per month as it steps...
View ArticleConsortium Leaves Mark in Masvingo
By George Maponga Barely half a decade ago, the runaway housing backlog in Masvingo stood at a staggering 16 000, with indications on the ground pointing to a further spike in the figure on the back of...
View ArticleCBZ Appoints New CEO
The country’s biggest banking institution CBZ Holdings Limited has announced the appointment of Dr Blessing Mudavanhu as the group chief executive officer with effect from June 1, 2018. Dr Mudavanhu...
View ArticleHwange Suburb to Pave Way for Power Plant
By Ishemunyoro Chingwere The Zimbabwe Power Company (ZPC) has secured 500 residential stands from Hwange Local Board to construct a new suburb that will accommodate residents from an old suburb that...
View ArticleFreda Rebecca wins $1,5m appeal
Bindura-based Freda Rebecca Mine has won its appeal to reverse a High Court ruling allowing the registration of a $1, 5 million award granted to the workers by a labour arbitrator over non-payment of...
View ArticleCottco scoffs at takeover plans
Cotton Company of Zimbabwe (Cottco) managing director Mr Pious Manamike has scoffed at Surface Wilmar’s proposal to take over 50 percent shareholding in the company, saying the partnership will not add...
View Article54% of tobacco farmers comply with govt directive to destroy stalks
BY FREEMAN MAKOPA Speaking at an Indaba held at Tobacco Research Board (TRB) offices early this week, Plant Quarantine Service Institute acting head, Luiza Makumbe said the stalks caused a number of...
View ArticleEU Supporting Zim Women in Livestock Production
The European Union (EU) delegation to Zimbabwe gathered various stakeholders on the 11th of May 2018 to celebrate the Europe Day in Harare. The EU revealed some of its donor programs which include...
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