BUSINESS NEWS

Mnangagwa okays US dollar use

PRESIDENT Emmerson Mnangagwa has gazetted Statutory Instrument 85/20, which will allow citizens and businesses to charge goods and services using the United States (US) dollar as part of combating the...

By Staff reporter | Published: 31 March 2020

BUSINESS NEWS

RBZ suspends 30-day forex liquidation requirement

The Reserve Bank of Zimbabwe has suspended the 30-day liquidation requirement on un-utilized foreign currency balances for exporters to support its use of free-funds policy. Last week the RBZ announce...

By Staff reporter | Published: 31 March 2020

BUSINESS NEWS

US$24m for fuel

The Reserve Bank of Zimbabwe (RBZ) has released US$23,89 million for the purchase of fuel to be sold in local currency for the week March 16 to 22. RBZ governor Dr John Mangudya made the announcement ...

By Staff reporter | Published: 18 March 2020

ZIMBABWE

Mnangagwa's govt suspends fungibility on dual-listed shares

Finance and Economic Development Minister Mthuli Ncube has suspended fungibility on dual listed shares for a period of twelve months as part if efforts to stabilise the exchange rate. This comes as go...

By Staff reporter | Published: 15 March 2020

LANDS & AGRICULTURE

RBZ maintains 50% USD retention for tobacco farmers

The Reserve Bank of Zimbabwe and the Tobacco Industry Marketing Board have announced payment modalities to tobacco farmers although failing to meet all of the demands, which had been put forward by th...

By Staff reporter | Published: 12 March 2020

CONSTRUCTION & PROPERTY

Lafarge to double capacity after launching US$25m expansion project

Lafarge has budgeted US$25 million for its expansion project which will double capacity by year-end 2022.  The expansion plan kicked off this morning at a ground-breaking ceremony for a Dry Morta...

By Staff reporter | Published: 11 March 2020

BUSINESS NEWS

'US ban hurts Marange diamonds'

The Zimbabwe Consolidated Diamond Company (ZCDC) yesterday said the decision by the United States to issue a withhold release order (WRO) for artisanal rough cut diamonds from Marange was impacting ne...

By Staff reporter | Published: 07 November 2019

BUSINESS NEWS

Matsekete replaces Mushosho as Old Mutual CEO

Old Mutual has announced First Capital Bank MD Sam Matsekete as CEO-Designate. This follows Matsekete's resignation from the banking group effective January 1, 2020.He will take over from Jonas Mushos...

By Staff reporter | Published: 07 November 2019

POLITICS

Jonathan Moyo extradition - Interpol frustrating ZRP over?

The ZRP Commissioner General Godwin Matanga has accused the International Criminal Police Organisation (Interpol) of frustrating their efforts to extradite people facing criminal charges in the countr...

By Staff reporter | Published: 22 October 2019

MINING & RETAIL

Tharisa Zimbabwe asset gets Special Economic Zone status

Tharisa PLC on Tuesday said land on which it has special mining grants in Zimbabwe has been designated a special economic zone.A 50,667-hectare area has been given the designation, miner Tharisa said,...

By Alliance News | Published: 22 October 2019

POLITICS

Mnangagwa accuses the clerics of being biased towards Chamisa

AS ZIMBABWE's political and economic crisis deepens, President Emmerson Mnangagwa has suggested that the church is taking sides in the turmoil - while also savaging opposition leader Nelson Chamisa fo...

By Staff reporter | Published: 22 October 2019

OPINION

Mnangagwa must call for referendum

WHILE President Emmerson Mnangagwa has done well in meeting leaders of political parties under Polad, I urge him to go further and meet all stakeholders so as to solve the economic crisis that has env...

By Harry Peter Wilson | Published: 22 October 2019

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

FINANCIAL SERVICES

'Banks should focus on savings deposits'

RESERVE Bank of Zimbabwe (RBZ) deputy governor Jesimen Chipika has urged banks to focus on savings deposits in order to enhance financial support to the productive sectors.Productive sectors of agricu...

By Staff reporter | Published: 18 October 2019

TRANSPORT & TOURISM

Air Zimbabwe using antiquated software

AIR Zimbabwe (AirZim) is using sub-standard business and aviation software instead of recommended enterprise tools owing to the airline's failure to pay service providers, the Zimbabwe Independent can...

By Staff reporter | Published: 18 October 2019

TELECOMS & TECHNOLOGY

Zimbabwe telecoms industry courts Indian investors

Zimbabwe's telecommunications industry is on the verge of obtaining tangible investments from India following a platform the industry had to outline possible lucrative opportunities for business ventu...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Mnangagwa encourages industries to export 20% of their produce

President Emmerson Mnangagwa (pictured) yesterday urged companies and producers to export 20% of their produce to the foreign markets, but retain 80% for local markets.Mnangagwa made the remarks while...

By Staff reporter | Published: 18 October 2019

POLITICS

MDC renews push for diaspora vote

MDC secretary for elections Jacob Mafume, pictured, has said the party will use all legal channels to make sure that people in the diaspora vote in 2023. Mafume told the Daily News that his party will...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Zimbabwe pushes for US$14 bln export earnings by 2030 in National Export Strategy

Government through the National Trade Policy and Export Strategy blueprint is targeting to grow Zimbabwe's export by 10% annually to US$6.4 billion in 2023 and ultimately to US$12.4 billion by 2030 fr...

By Staff reporter | Published: 17 October 2019

POLITICS

Zanu-PF, MDC big guns push for Mnangagwa, Chamisa talks

MANY Zimbabweans have welcomed the tentative moves to end months of political brawling in the country between President Emmerson Mnangagwa and opposition leader Nelson Chamisa - through the holding of...

By Staff reporter | Published: 17 October 2019

POLITICS

Zanu-PF suspends Harare, Bulawayo restructuring

ZANU-PF has suspended its restructuring of Harare and Bulawayo provinces despite completing the setting up of district coordinating com- mittees (DCCs) in the capital city. Last weekend, the ruling pa...

By Staff reporter | Published: 17 October 2019

ECONOMC INDICATORS

Trade deficit widens to US$718m despite 15% rise in export earnings for August

According to the latest Zimstat statistics, Zimbabwe's 2019 trade deficit widened to US$718 million at the end of August, although the monthly deficit fell by 33% to US$39 million from US$58 million i...

By Staff reporter | Published: 14 October 2019

POLITICS

Europe pushes for Mnangagwa, Chamisa talks

THE European Union (EU) is ramping up pres- sure on President Emmerson Mnangagwa to hold much-needed talks with opposition leader Nelson Chamisa. This comes as Mnangagwa is battling to put back on tra...

By Staff reporter | Published: 11 October 2019

MINING & RETAIL

Mnangagwa to launch ambitious US$$12bn mining roadmap next week

PRESIDENT Emmerson Mnangagwa is set to officially launch a roadmap towards achieving an ambitious US$$12bn mining industry in the next four years as government moves to get more value from the capital...

By Staff reporter | Published: 11 October 2019
Pages:
1
2
3
4
5
6
7
8
9
...

Latest News

Latest Published Reports

Latest jobs