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China’s Xi joins Russia, Zimbabwe in global autocrat club
Former President Robert Mugabe, left, and President Xi Jinping from China. File Pic.BEIJING — Recent history offers sobering lessons to China’s Communist Party following its decision to allow...
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Government threatens to repossess underutilised farms
Agriculture, Mechanisation and Irrigation Development deputy Minister, Davis MarapiraLANDS, Agriculture and Rural Resettlement Deputy Minister Davis Marapira on Monday threatened to repossess...
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Econet retains top spot in customer and revenue market share
Econet Wireless CEO Douglas MboweniLeads in network and data infrastructure investmentECONET Wireless Zimbabwe grew its revenue market share to 84,2 percent in the fourth quarter (Q4) of 2017, up from...
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Forex crisis cripples ZESA
Energy Minister Simon Khaya MoyoTHE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) says foreign currency shortages have affected its ability to restore transformers vandalised by...
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Govt tightens money laundering law
Finance and Economic Planning, Minister Patrick Chinamasa and the Reserve Bank of Zimbabwe governor, John MangudyaZIMBABWEANS who move funds offshore to buy properties will have assets of equivalent...
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Loan talks for RG Mugabe airport expansion begin
Robert Gabriel Mugabe International AirportTHE Civil Aviation Authority of Zimbabwe says the country has begun financial discussions with China for the $153 million expansion of the Robert Gabriel...
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Zimbabwe government vows to act on multiple farm ownership
George Charamba, the permanent secretary in the Ministry of Information who is also Presidential spokesman.A GOVERNMENT spokesman this week hinted at wholesale land expropriations targeting multiple...
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VIPs buy 1 300 farms
President Emmerson MnangagwaA NUMBER of ruling ZANU- PF party, government and military officials have privately acquired over 1 200 farms, as Zimbabwe’s land tenure system remains precarious, The...
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Ramaphosa arrives in Zimbabwe for working visit
South Africa’s President, Cyril RamaphosaSOUTH Africa’s President, Cyril Ramaphosa arrived in Harare on Saturday afternoon for a consultative meeting with President Emmerson Mnangagwa, the presidency...
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Government releases externalisation list
President Emmerson MnangagwaGOVERNMENT has released a list of companies and individuals who externalised funds and did not heed to President Emmerson Mnangagwa’s call to return the funds.CATEGORY I :...
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Zimbabwe’s coal output set to quadruple as investors arrive
Minister of Mines Winston ChitandoZIMBABWE has attracted around $300 million in its coal industry that will quadruple production next year versus 2017, its mining minister told an investment conference...
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Mnangagwa chalks up $4,2 Billion PGM deal
President Emmerson MnangagwaBy Godfrey MarawanyikaKARO Resources, a company linked to mining entrepreneur Loucas Pouroulis, will spend $4.2 billion on a Zimbabwean platinum project in the first big...
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Pensions crisis: State firms biggest offenders
State firms are biggest offendersINSOLVENT State firms were among the biggest culprits in the non-remission of contributions to pension funds, which resulted in significant prejudice to workers, a...
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Bread price freeze threatens firms’ viability
A FREEZE on bread prices by government last year has suppressed the profitability and viability of businesses in the baking industry, with major players like Innscor Africa reporting a decline in...
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Policyholders lose $3,2 billion
Pension funds and insurance industry players have billions of dollars invested with them in the form of pension and insurance policy contributions.INSURANCE and pension funds lost at least $3 billion...
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Pension arrears surge to $550 million
Zimbabwe’s pension industry consists of four pension schemes, namely the National Social Security Authority (NSSA), Civil Service Pension, Private Occupational Pension and Individual...
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ED’s forex list fiasco
Destinations where the alleged money was externalised.BUSINESS bodies this week condemned President Emmerson Mnangagwa’s list of alleged exchange control violators, saying it had many errors and...
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Mnangagwa to open $533m Kariba South power project
President Emmerson MnangagwaPRESIDENT Emmerson Mnangagwa is today expected to commission the $533 million Kariba South Hydropower Station expansion project.Chinese contractor, Sino Hydro Corporation,...
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Will age be a factor in Zimbabwe’s poll?
MDC President Nelson Chamisa and President Emmerson MnangagwaIN our series of letters from Africa, Zimbabwean journalist-turned-barrister Brian Hungwe considers whether the age of the two main...
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Government bans multiple pricing
GOVERNMENT has banned multiple pricing by making it an offence to charge different prices for products based on the mode of payment. Captains of industry hailed the move, saying it would bring sanity...
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