INDUSTRIALS & ENERGY

Cooking oil industry engages RBZ

The cooking oil industry has engaged the Reserve Bank of Zimbabwe (RBZ) to review the weekly allocation of US$500 000 per member at a time when the edible price has more than doubled due to opening up...

By Staff reporter | Published: 02 June 2022

TELECOMS & TECHNOLOGY

Bill seeks to end child internet abuse

GOVERNMENT is committed to fighting abuse of children on the internet as evidenced by the crafting of the Cyber Crime, Security and Data Protection Bill, Deputy Minister of Information Communication T...

By Staff reporter | Published: 22 October 2019

TRANSPORT & TOURISM

Zimbabwe's travel, tourism business levels drops in first 9 months

Zimbabwe's travel and tourism sector business levels in the first 9 months to September recorded a 5% and 10% drop respectively when compared to the same period last year, with industry officials attr...

By Staff reporter | Published: 18 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

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

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

TRANSPORT & TOURISM

Zim tour operators accuse Botswana of unfair business practice

ZIMBABWE'S tour operators have alleged unfair business practices by their Botswana counterparts, whereby they bring their clients straight to the country instead of letting them do that on their behal...

By Staff reporter | Published: 27 September 2019

TELECOMS & TECHNOLOGY

Govt installs trackers on vehicles and Zupco buses

The Central Mechanical and Equipment Department (CMED) has set up a control room at its headquarters in the city to monitor the movement of all Government vehicles and collecting information on vehicl...

By Staff reporter | Published: 27 September 2019

INDUSTRIALS & ENERGY

ZPC sued for disrupting business

THE Zimbabwe Power Company (ZPC) has been sued for Z$2,6 million for disrupting electricity connections at a Mazowe farm, resulting in losses.Kukohwa Kurima (Pvt) Ltd (Kukohwa Kurima) has cited ZPC in...

By Staff reporter | Published: 27 September 2019

Old Mutual to manage capital from Zimbabwe business on ring fence basis

Old Mutual Limited (OML) says capital raised through repatriation of dividends from its Zimbabwe business will be managed on a ring-fenced basis. This came at a time when the local economy is bleeding...

By Staff reporter | Published: 22 August 2019

BUSINESS NEWS

Mnangagwa's govt stalls Harare bus deal

CHINA Nachang Engineering (Pvt) Ltd has withdrawn from a US$400 million deal with Harare City Council which was expected to supply 600 green-energy buses in the metropolitan province, saying it was ad...

By Staff reporter | Published: 12 July 2019

BUSINESS NEWS

Mugabe coup announcer talks up investment in Westminster

Foreign Affairs and International Trade Minister Dr Sibusiso Busi Moyo yesterday had lunch with the powerful Westminster Africa Business Group in London and invited them to grab investment opportuniti...

By Staff reporter | Published: 12 July 2019

INDUSTRIALS & ENERGY

Zesa throws RBZ under the bus

ZIMBABWE'S power utility, Zesa Holdings says the Reserve Bank of Zimbabwe (RBZ) has not provided with foreign currency to import power since last October.This comes as the southern African country is ...

By Staff reporter | Published: 10 July 2019

POLITICS

Chamisa throws Sikhala under the bus

THE opposition MDC yesterday disowned statements by its deputy national chairperson Job Sikhala that the party would overthrow President Emmerson Mnangagwa before the 2023 general elections, insisting...

By Staff reporter | Published: 09 July 2019

MINING & RETAIL

Govt to withdraw licences for profiteering businesses

GOVERNMENT is going to withdraw operating licenses of shops that are profiteering and give them to "patriotic" people, Defence and War Veterans Welfare deputy minister Victor Matemadanda has said.Spea...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Beitbridge businessman and Zanu-PF loyalist Chiwa dies

Beitbridge businessman and Zanu-PF loyalist Manu Chiwa has died.Chiwa died on admission at the Beitbridge Hospital after he was involved in an accident on Wednesday night.Matabeleland South police spo...

By Staff reporter | Published: 05 July 2019

POLITICS

Parirenyatwa's criminal abuse case postponed over 'new developments'

CITING the emergence of new developments, the State yesterday sought postponement of the matter in which former Health minister David Parirenyatwa allegedly removed from her position, Natpharm managin...

By Staff reporter | Published: 03 July 2019

BUSINESS NEWS

Mnangagwa threatens profiteering businesses

President Emmerson Mnangagwa has threatened to come down hard on shops that are refusing to slash prices after his government last week dumped the decade-old multi-currency system and re-introduced th...

By Staff reporter | Published: 03 July 2019

BUSINESS NEWS

Mnangagwa summoned over ambush

CAPTAINS of industry meeting in Victoria Falls, beginning Wednesday, under the banner of the Zimbabwe National Chamber of Commerce (ZNCC), have summoned President Emmerson Mnangagwa to explain his gov...

By Staff reporter | Published: 27 June 2019

TRANSPORT & TOURISM

African Sun says business booming

LISTED hospitality group, African Sun (Pvt) Limited, says its business has been growing since last year in response to positive business sentiment under the new dispensation.  The group was estab...

By Staff reporter | Published: 14 June 2019

LANDS & AGRICULTURE

Schweppes' tomato business teetering

BEVERAGES maker Schweppes Zimbabwe Limited's (SZL) newly introduced tomato business is struggling to find its feet due to lack of competitiveness.SZL commercial and public affairs director Mrs Unaiswi...

By Staff reporter | Published: 05 May 2019

POLITICS

Corruption busters short-listed

Parliament will meet tomorrow to finalise shortlisted candidates that will undergo public interviews for appointment to the Zimbabwe Anti-Corruption Commission (Zacc).One hundred and thirty-three cand...

By Staff reporter | Published: 05 May 2019

BUSINESS NEWS

Embrace the 'ease of doing business' concept

Local authorities here have been challenged to embrace the "ease of doing business" concept to enhance the achievement of a middle-income economy in line with the Government's Vision 2030. Speaking on...

By Staff reporter | Published: 03 May 2019

POLITICS

Zanu-PF youths threaten businesses

ZANU-PF youth league yesterday threatened to deal with shops which are increasing prices of goods saying they want people to demonstrate and overthrow the government.This comes as the cost of living i...

By Staff reporter | Published: 01 May 2019

BUSINESS NEWS

Zimbabwe business confidence levels plummet

CAPTAINS of industry and the generality of the population are slowly losing hope in government's ability to turn-around the country's economic fortunes.The general impression emerging is that governme...

By Staff reporter | Published: 28 April 2019
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