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President Mnangagwa’s acid test

President Emmerson MnangagwaPRESIDENT Emmerson Mnangagwa’s new administration faces its first stern test when it presents the 2018 National Budget next week. Tackling hostile investment laws, a growing...

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Business’ Mnangagwa action list

CZI president, Sifelani JabangwePRESIDENT Emmerson Mnangagwa has a tough task ahead of reviving the country’s comatose economy he inherited from his predecessor Robert Mugabe, industry has observed....

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‘Looters are known’

President Emmerson MnangagwaINDIVIDUALS and companies that illegally externalised significant amounts of money from the country are known and will be prosecuted if they do not heed a three-month...

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President Mnangagwa announces new cabinet

Air Marshal Perrance Shiri was appointed Minister of Lands, Agriculture and Rural ResettlementPRESIDENT Emmerson Mnangagwa last night announced a new 22-member Cabinet in a move that saw some line...

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President Mnangagwa makes cabinet adjustments

President Emmerson MnangagwaPRESIDENT Emmerson Mnangagwa has replaced two ministers, two days after announcing his cabinet.Critics said the original line-up showed Mnangagwa had no plans to bring real...

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Market awaits 2018 budget

Foreigners were net buyers in all of the ZSE’s trading sessions since Thursday last week.TURNOVER was low on the Zimbabwe Stock Exchange this week as investors exercised caution while waiting for the...

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‘Excited’ Aussie lithium miner restates reserves

Prospect Resources chairman, Hugh Warner said a new exploration programme had revealed further increases in the ore reserve to 26,9 metric tonnes.AUSTRALIAN Stock Exchange listed lithium miner,...

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Long road for Zim-UK rapprochement

President Emmerson MnangagwaPRESIDENT Emmerson Mnangagwa’s government faces a herculean task to restore economic and political relations between Zimbabwe and its erstwhile coloniser, the United...

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Mystery shoot-out at Chihuri mansion

Zimbabwe Republic Police commissioner general Augustine ChihuriBy Phillimon Mhlanga/Freedom MashavaEMBATTLED Zimbabwe Republic Police commissioner general Augustine Chihuri’s Harare mansion in...

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China makes $220 million move

ZIMBABWE’S Finance and Economic Planning Minister, Patrick Chinamasa (right) shakes hands with China’s ambassador to Zimbabwe, Huang Ping (left), following the signing of loan and grant agreements...

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Zimbabwe scraps indigenisation policy, except for diamonds and platinum

Finance Minister Patrick ChinamasaGOVERNMENT has removed the local ownership requirement for foreign investment into the country, save for the diamond and platinum sectors, Finance Minister Patrick...

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Mines warm up to Mnangagwa

President Emmerson MnangagwaAT least 630 of the country’s 800 mines are projecting strong growth in 2018, riding on anticipated policy reforms under President Emmerson Mnangagwa’s new administration...

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Police fines raise US$38 million

Zimbabwe Republic Police commissioner general Augustine ChihuriTHE Zimbabwe Republic Police (ZRP) collected $38,28 million in fees and fines in the nine months to September 2017, a revenue statement by...

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ZIMRA rides on regulator databases

ZIMRA acting Commissioner General (left) Happiness Kuzvinzwa ZIMBABWE’S tax collector, the Zimbabwe Revenue Authority (ZIMRA) has entered into an agreement with all regulatory authorities in the...

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NRZ deal done by Q1: Chinamasa

Finance and Economic Development, Minister Patrick ChinamasaTHE $400 million National Railways of Zimbabwe (NRZ) recapitalisation deal will be finalised in the first quarter of 2018, Finance and...

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Locals stash US$1 billion offshore

Reserve Bank of Zimbabwe, deputy governor, Kupukile MlamboFUNDS held by Zimbabweans in offshore banks rose to US$1 billion last year, having declined to US$300 million four years ago, following...

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Operation Restore Legacy ends

New Zimbabwe Defence Forces Commander, General Philip Valerio SibandaTHE Zimbabwe Defence Forces (ZDF) on Monday brought to finality Operation Restore Legacy which began on November 13 handing over all...

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Chiwenga for VP as Chihuri leaves police force

 Constantino  Guveya ChiwengaZIMBABWE Defence Forces (ZDF) commander Constantino Guveya Chiwenga and Zimbabwe Republic Police commissioner general Augustine Chihuri have retired.Chihuri went on leave...

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ZSE decline continues

Foreigners have been net buyers in all of the trading sessions during the week.THE Zimbabwe Stock Exchange (ZSE) continued on a free fall this week, on the back of losses in some heavyweights, despite...

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Parastatal reform plan by Q1 — Mnangagwa

President Emmerson MnangagwaPRESIDENT Emmerson Mnangagwa yesterday disclosed that government will unveil a programme of State enterprise reforms during the first quarter of next year. In his state of...

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