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ZCTU, EMCOZ in labour act challenge

The High Court of Zimbabwe.THE country’s largest labour umbrella body, the Zimbabwe Congress of Trade Unions (ZCTU) has applied to the High Court seeking to be joined as a party in the case in which...

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Government abandons the poor

Finance and Economic Development Minister Patrick ChinamasaFINANCE and Economic Development Minister Patrick Chinamasa has reneged on government’s decades-old promise to implement pro-poor...

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Phillip Chiyangwa elected new ZIFA President

Phillip ChiyangwaBUSINESSMAN Phillip Chiyangwa was elected ZIFA president yesterday Saturday beating his nearest rival Trevor Carelse Juul by 27 votes. Chiyangwa got 40 votes, Carelse Juul 13, Leslie...

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Harare International airport should be named after Mugabe

Harare international airportZANU PF Harare provincial leadership met Sunday and resolved that Harare International Airport should be named after President Robert Mugabe.The suggestion is part of the...

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Zimbabwe must adopt rule to cap debt: ZEPARU

Reserve Bank of Zimbabwe governor John Mangudya and Finance Minister Patrick ChinamasaZIMBABWE need to adopt rules that will limit public debt to 70 percent of Gross Domestic Product (GDP) to avoid the...

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Innscor eyes three acquisitions, to continue aggressive price cuts

Innscor Africa is in talks to acquire three local companies INNSCOR Africa is in talks to acquire three local companies, expanding its portfolio across various sectors of the economy to minimise risk...

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Victoria Falls Residents cash in on ZANU-PF conference delegates

A banner advertising Zanu-PF’s 15th Annual People’s Conference in Victoria Falls. Pic by Sunday News VICTORIA FALLS – Residents are cashing in on delegates to the 15th ZANU-PF annual national...

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Long-term deposits rise

Reserve Bank of ZimbabweDEPOSITS in Zimbabwe’s banking industry are slowly mutating towards long-term, a new report said last week, hinting that confidence could be returning back to the financial...

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Children’s right to education violated

Primary and Secondary Education minister, Lazarus DokoraMANY Zimbabweans have been wondering against all wonders in the world what the hell Primary and Secondary Education minister, Lazarus Dokora, is...

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Zimbabwe requires consensus to succeed: Lenneiye

Mungai Lenneiye, founder of Udugu InstituteA FORMER World Bank country representative this week called on government to rally all critical stakeholders to get the economy out of its current quagmire,...

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Executives urged to embrace opportunities

Old Mutual Zimbabwe’s chief executive officer, Jonas MushoshoOLD Mutual Zimbabwe’s chief executive officer, Jonas Mushosho, gave an impassioned address at the Top Companies Survey awards ceremony on...

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Civil servants bonus elusive

Finance Minister Patrick ChinamasaZIMBABWE’S cash-strapped government is scouting for alternative funding to the tune of nearly US$250 million to pay civil servants bonuses, as Treasury wrestles with...

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G40, war veterans square off

Christopher MutsvangwaVICTORIA FALLS – ZANU-PF hawks going under the moniker Generation 40 (G40) are understood to be planning to waylay tough talking war veterans’ leader, Christopher Mutsvangwa, at...

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High Court grants order to attach Chiyangwa’s property over debt

Philip Chiyangwa failed to settle a loan advanced to his Pinnacle Properties Holding.INTERFIN Bank has obtained a writ of execution to attach property belonging to businessman Philip Chiyangwa after he...

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Government takes over ailing CAPS – Chinamasa

Finance Minister Patrick Chinamasa THE Zimbabwean government has taken over CAPS Holdings, the country’s largest pharmaceutical manufacturer which collapsed four years ago, in a bid to revive its...

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South Africa gets third Finance Minister in a week

Jacob Zuma SOUTH Africa’s President Jacob Zuma appointed Pravin Gordhan as Finance Minister on Sunday, in a dramatic U-turn that gave South Africa its third finance chief in a week after a selling...

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Pelhams now beyond resuscitation says provisional liquidator

Pelhams’ suspension culminated from an application by TN Harlequin Luxaire limited and another creditor after the company had failed to pay its debts to the latter. PELHAMS Limited’s Provisional...

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November inflation in marginal gain but remains in negative territory

Reserve Bank Governor John MangudyaZIMBABWE’S year-on-year inflation rate for the month of November gained 0,83 percentage points on the October 2015 rate of -3,29 percent, to end the month of November...

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Investors eye Zim despite the gloom

Nigerian billionaire, Aliko DangoteZIMBABWE’s economy continued in the doldrums during 2015, but there was no ‘complete blackout’ on investment inflows. Many foreign investors warmed up to...

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MDC, PDP resume coalition talks

Welshman NcubeLEADERS of the Movement for Democratic Change (MDC) and the People’s Democratic Party (PDP) met in Harare last week for consultations aimed at reviving efforts to merge the two parties,...

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