OPINION

Sell the laggards, buy disruptors

As Jorge Paulo Lemann, co-founder of 3G Capital would put it, "I've been living in this cozy world of old brands, big volumes, nothing changing very much and you could just focus on being very efficie...

By Batanai Matsika | Published: 11 October 2019

BUSINESS NEWS

'80% of Zimbabweans have no savings'

NEARLY 80% of Zimbabweans neither have savings nor an emergency fund to fall back on, a new report on workers' spending patterns says.According to a survey carried out by the Industrial Psychology Con...

By staff reporter | Published: 11 October 2019

BUSINESS NEWS

Zimbabwe business, labour confront govt over TNF

GOVERNMENT has been taken to task for failing to take the Tripartite Negotiating Forum (TNF) seriously at a time the country's economic crisis is worsening.The TNF is a social dialogue platform that b...

By Staff reporter | Published: 11 October 2019

BUSINESS NEWS

Mthuli Ncube taken to court over inflation figures

FINANCE minister Mthuli Ncube has been dragged to the High Court by National Social Security Authority (Nssa) employees who, in conjunction with members of the Zimbabwe Pension and Insurance Rights Tr...

By Staff reporter | Published: 11 October 2019

BUSINESS NEWS

SECZ suspends stockbroker over possible abuse of client securities

The Securities and Exchange Commission of Zimbabwe has suspended stockbroker Benson Gasura to pave way for investigations into possible non-compliance with the regulator's directive on nominee account...

By Staff reporter | Published: 11 October 2019

POLITICS

Mnangagwa's advisors accused of leaking information

A RECENT report in the Daily News on the deliberations of and the goings-on within the Presidential Advisory Committee (PAC) caused President Emmerson Mnangagwa, pictured, to blow his gasket in a deve...

By Staff reporter | Published: 10 October 2019

POLITICS

Makandiwa declares national days of prayer

UNITED Family International Church (UFIC) leader Emmanuel Makandiwa has embarked on a series of prayer sessions for three days each week for an indefinite period. The sessions, to be held countrywide ...

By Staff reporter | Published: 10 October 2019

POLITICS

Zimbabwe human rights come under spotlight

A HUGE cross-section of speakers will feature in a high-powered human rights discussion forum at stand number 6996, corner Lezard Avenue and Bates Street in Milton Park, Harare tonight.The event, orga...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Mthuli Ncube tables ambitious revenue collection figures

TREASURY has tabled an ambitious $14 billion revenue collection target by year 2019, despite only collecting a paltry 35% of that figure in the first half of the year.Revenue collections for the first...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

New dates for mining indaba

THE Zimbabwe Miners Federation (ZMF) has announced November 5 and 6 as the new dates for the Semi-precious Stones Convention, which is set to be opened by President Mnangagwa. The two-day indaba, whic...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Zimbabwe ready to ride on AfCFTA opportunities

Foreign Affairs ministry secretary James Manzou has told Parliament that Zimbabwe is geared to take advantage of the opportunities to be brought about by the African Continental Free Trade Area (AfCFT...

By Staff reporter | Published: 10 October 2019

OPINION

Seven years is a very long time under these circumstances

THE country's church organisations have presented quite an interesting proposal which is to postpone our elections for seven years in order for us to find each other as a people.The Church has likened...

By Staff reporter | Published: 10 October 2019

OPINION

May the last person to leave, turn off the lights

ONE of the questions that I ask myself daily is: Is there a point to this?I have to be honest, I feel defeated and I wonder if there is any hope that this country's fortunes will improve anytime soon....

By Nqaba Matshazi | Published: 10 October 2019

POLITICS

Politics dogs anti-graft body Zacc

THE Zimbabwe Anti-Corruption Commission (Zacc) is facing an uphill task as it battles to break deeply entrenched corruption cartels in government, which are allegedly using their vast networks in the ...

By Staff reporter | Published: 10 October 2019

POLITICS

UN support to Zimbabwe under threat

THE United Nations (UN) is facing its "worst cash crisis" in nearly a decade following the non-payment of US$1,38 billion in membership contributions.As of Tuesday, only 129 out of 193 UN member State...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Companies, parastatals default paying tax: Zimra boss

Zimbabwe Revenue Authority (Zimra) Commissioner-General Faith Mazani on Tuesday told Parliament that companies and parastatals were not paying taxes resulting in a huge tax debt.Mazani appeared before...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Business decries fuel price hikes

THE Zimbabwe National Chamber of Commerce (ZNCC) has expressed concern over continuous fuel price increases saying the trend was negatively impacting on production due to rising cost of goods and serv...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Cyber Crime Bill gets the nod

Cabinet yesterday approved the Cyber Crime, Security and Data Protection Bill which seeks to combat cyber crimes and enhance security in the wake of rampant abuse of the platform. The Bill, which prov...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Simbisa suffers exchange rate loss

LISTED fast food retail giant, Simbisa Brands Limited suffered a net foreign exchange loss of $2,7 million during the year ended June 2019, arising from revaluation of foreign denominated assets and l...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

StanChart opens Anfield doors

Standard Chartered Bank has flung open the doors of Liverpool's Anfield Stadium in a lifetime experience for seven footballers who will win the fourth edition of the popular Standard Chartered Cup tha...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Local firms seek to partner UK companies

SOME local companies are reportedly negotiating distributor arrangements with United Kingdom (UK) firms and have identified business partners who will provide machinery for value-adding their products...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Zimpapers hike prices of all its publications

Zimbabwe Newspapers Limited (Zimpapers) has announced new cover prices for all its publications with effect from Thursday 3 October 2019. Below is the statement from Zimpapers:Zimpapers would like to...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

ZCTU plans for mass action

AS THE prices of basic good continues to zoom beyond the means of the majority, any lingering hopes as recently expressed by under-fire Finance minister Mthuli Ncube that the country's deepening econo...

By Staff reporter | Published: 07 October 2019

POLITICS

Magombeyi 'abduction' - trouble looms for Mnangagwa

PRESIDENT Emmerson Mnangagwa's failure to investigate and bring to account, people linked to the abductions of two unionists, Zimbabwe Hospital Doctors Association (ZHDA) leader Peter Magombeyi, trade...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

Bulawayo gets US$34 million for service delivery

GOVERNMENT has allocated US$34 million and ZWL$18 million to the City of Bulawayo to improve service delivery.This was revealed by Bulawayo Metropolitan Affairs minister Judith Ncube while addressing ...

By Staff reporter | Published: 07 October 2019
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