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

BUSINESS NEWS

Striking doctors dig in

ZIMBABWE'S health crisis continues to slide down the precipice, with doctors at public hospitals yesterday vowing to extend their industrial action, promising to report for duty today, but not giving ...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

Zera, Zesa trigger price madness

PRICES of basic commodities, including fuel, and services continue to soar days after President Emmerson Mnangagwa threatened to introduce the Competition Act to impose deterrent penalties to combat w...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

Nust students protest over exorbitant graduation fees

NATIONAL University of Science and Technology (Nust) students, who are expecting to graduate on November 8, have petitioned their administration over exorbitant graduation fees which they described as...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

Storm brews over nostro accounts

THE Reserve Bank of Zimbabwe (RBZ)'s decision to tighten regulations on withdrawals of foreign currency by Zimbabweans who earn their salaries in foreign currency faces litigation, while analysts war...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

Zimbabwe industry capacity utilisation to drop to 30%

MANUFACTURING sector capacity utilisation is projected to drop to about 30 percent this year from 48 percent in 2018 due to negative macro-economic factors that hit Zimbabwe since January, the Confede...

By Staff reporter | Published: 07 October 2019

POLITICS

British Council fails to settle US$11,000 debt

The British Council Zimbabwe has been summoned to the High Court for failing to settle a US$11 000 debt they owe a construction company for refurbishing their Belgravia offices. Africa Refractory Indu...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

Doctors exit the Health Apex Council

Striking junior doctors might not be able to negotiate their conditions of service going forward following their latest decision to exit the Health Apex Council, which represents not only them, but th...

By Staff reporter | Published: 07 October 2019

POLITICS

Zanu-PF sets up electoral college for DCCs

All card-carrying Zanu-PF members in Harare will be eligible to vote for members of the proposed District Coordinating Committees, whose prospective candidates will be vetted today after the submissio...

By Staff reporter | Published: 07 October 2019

POLITICS

Chamisa MDC staffs Harare Council jobs with relatives?

Harare City Council has been caught in a nepotism storm after it emerged that councillors in the city could be seconding their relatives for jobs in various departments, leaving a trail of similar nam...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

ZACC goes after loot stashed in SADC

THE Zimbabwe Anti-Corruption Commission (ZACC) has intensified its efforts to recover ill-gotten wealth from the country being stashed in foreign lands by engaging with SADC members in the fight again...

By Staff reporter | Published: 07 October 2019

POLITICS

Blade Nzimande lashes Mnangagwa's govt for pursing anti-people policies

THE South African Communist Party (SACP) has come out guns blazing, accusing the Zimbabwe government of pursuing anti-people policies through unleashing violence against its people instead of concentr...

By Staff Reporter | Published: 06 October 2019

POLITICS

Fashion shops offer to dress Job Sikhala

SEVERAL clothing outlets are report- edly scrambling to dress Zengeza West legislator Job Sikhala following the circulation of pictures of him in a seem- ingly tiny waistcoat. Wiwa, as the Zengeza Wes...

By Staff reporter | Published: 06 October 2019

BUSINESS NEWS

Cash crisis shakes Mnangagwa's govt

CAUGHT in a dilemma between printing money and possibly fuelling inflation, or nursing acute cash shortages, President Emmerson Mnangagwa's government has turned to militant policies, controlling some...

By Staff reporter | Published: 06 October 2019

BUSINESS NEWS

British Council taken to court

THE British Council has been dragged to court for refusing to settle a US$11 000 debt owed to a construction company that recently worked on their offices.African Refractory Industries (Pvt) Ltd tradi...

By Staff reporter | Published: 06 October 2019

POLITICS

Widow sues Defence minister

A HARARE woman has demanded that Defence minister Oppah Muchinguri-Kashiri pays her $505 000 for child support after her husband was allegedly killed by soldiers during the August protests last year.S...

By Staff reporter | Published: 06 October 2019
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