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Former AirZim CEO granted bail

Peter ChikumbaFORMER Air Zimbabwe Holdings chief executive officer Peter Chikumba has been granted bail pending appeal at the High Court.Justice Joseph Mafusire on Wednesday granted Chikumba (60) US$2...

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Muchinguri relives moments on CNN,BBC

SHE received the news while she was on board a flight to Accra, Ghana, for a tertiary education conference. In the fast-paced and unpredictable Zimbabwean political landscape, she must naturally have...

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Zimbabwe electricity crisis to worsen

More dark days aheadZIMBABWE’S electricity generation outlook appears gloomy after forecasts indicated that the region could receive insufficient rainfall in the coming season, a situation that could...

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ZIMRA to name, shame tax cheats

ZIMRA boss, Geshom Pasi.THE recently gazetted Finance Bill has proposed to give the Zimbabwe Revenue Authority (ZIMRA) the power to “name and shame” all tax offenders. The Finance Bill, gazetted on...

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Kasukuwere to dissolve HCC?

Local Government, Public Works and National Housing Minister, Saviour KasukuwereAGGRESSIVE moves by Local Government, Public Works and National Housing Minister, Saviour Kasukuwere towards city fathers...

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Zim ready to engage the West

Patrick ChinamasaFINANCE Minister Patrick Chinamasa said Thursday the country would begin talking to countries that imposed sanctions on Zimbabwe to persuade them to lift the embargoes. The sanctions,...

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Batoka delays cost Zimbabwe and Zambia US$45 billion – World Bank

The Batoka plant is expected to take six years to complete with total costs estimated in the region of US$3 billionTHE delayed construction of Batoka Gorge Power plant, a 2 400 Megawat hydroelectric...

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Mzembi retains UNWTO top post

Walter MzembiTOURISM and Hospitality Industry Minister, Walter Mzembi, has been re-elected chairperson of the United Nations World Tourism Organisation (UNWTO) Commission for Africa. The UNWTO is the...

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Youths implore govt to tackle unemployment

New Minister of Youth, Indigenisation and Economic Empowerment Patrick ZhuwaoTHE Zimbabwe Youth Council (ZYC) implored government Tuesday to immediately tackle rising unemployment in the country and...

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Government to hold onto profitable POSB – Chinamasa

POSB branch at the Kopje Plaza in Harare.ZIMBABWE’S Finance Minister Patrick Chinamasa says government will not privatise its wholly-owned People’s Own Savings Bank (POSB) after the bank posted a US$5...

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Sackings justified: Shingi Munyeza

Shingi MunyezaBULAWAYO — Former African Sun chief executive officer, Shingi Munyeza, has said the firing of over 25 000 workers across the country following the July 17 Supreme Court ruling which...

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Cabinet reshuffle exposes ZANU-PF leadership crisis

President Robert Mugabe with his new ministersPRESDENT Robert Mugabe’s Cabinet reshuffle last Friday, the third in nine months, brought in a combination of tired oldies and relatively unknown...

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Govt to grade fuel outlets

Gloria Magombo, the chief executive officer of the Zimbabwe Energy Regulator Authority (ZERA)GOVERNMENT is planning to introduce a grading system for fuel outlets in a bid to ensure standards are met...

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Former Minister fails to pay rent

Giles MutsekwaFORMER co-home affairs minister, Giles Mutsekwa, has had several movable properties attached by the Messenger of Court in Harare for failing to pay about US$5 600 rentals, the Financial...

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African Sun plans US$60 million expansion

Crown Plaza HotelAFRICAN  Sun Limited has introduced a new business model that will see Legacy Group of hotels managing five of the group’s flagship hotels in the country.The agreement between the two...

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Electricity generation falls below 1 000MW – ZPC

Most parts of Harare have not had electricity since Sunday morningZIMBABWE’S electricity generation now stands at 984 megawatts after all power stations experienced system disturbances which saw Hwange...

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Hippo engaging Government for ethanol supply licence

Minister of Energy Samuel UndengeHIPPO Valley Estates says it is engaging authorities to acquire requisite licensing to fully enter into the ethanol market.Chief executive officer Sydney Mtsambiwa told...

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IMF could resume Zim funding early 2016 – official

IMF might resume financial support to Zimbabwe as early as 2016 if foreign creditors accept Harare’s plans to clear arrearSTHE International Monetary Fund (IMF) might resume financial support to...

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Legislative agenda: Another pie in the sky

Vice President Emmerson MnangagwaPRESIDENT Robert Mugabe last week ushered in his ambitious legislative agenda for the third session of the eighth Parliament, bringing in a total of 22 bills that are...

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ZSE CEOs under spotlight

ZSE CEO Alban Chirume IS the tenure of a chief executive officer (CEO) important to the growth of a business? This question is becoming increasingly important due to the growing challenges facing the...

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