MINING & RETAIL

Zimbabwe govt bails out Hwange

The government has issued US$112m worth of Treasury Bills to settle debts owed by Hwange Colliery Company (HCCL), Business Times reported.Government is the biggest shareholder in HCCL with a 37% stake...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Tax breaks for renewable energy investors as govt launches new policy

Government has dangled a carrot to potential investors in the renewable energy sector by giving tax breaks as well as awarding national project status for such ventures.This is contained in the new en...

By Staff reporter | Published: 19 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

POLITICS

Govt fires 77 striking doctors

GOVERNMENT has fired 77 doctors who have been on strike for better conditions for over two months while disciplinary action against the other medical professionals on industrial action is still ongoin...

By Staff reporter | Published: 07 November 2019

POLITICS

Civil servants warn Mnangagwa, govt

CIVIL servants have warned that they will sabotage President Emmerson Mnangagwa's government programmes if authorities continue to disregard their demands for better working conditions, the Daily News...

By Staff reporter | Published: 07 November 2019

BUSINESS NEWS

Zimbabwe govt starts pilot run for new accounting system

The government has started a pilot run of the new accounting system for its entities as it moves to professionalise the public sector, Business Times can report.Zimbabwe has adopted the International ...

By Staff reporter | Published: 18 October 2019

TELECOMS & TECHNOLOGY

Zimbabwe govt moves to close digital gap

ZIMBABWE is making strides to close the digital divide between the country and the developed world by providing Internet access to marginalised areas, an official has said. Postal and Telecommunicatio...

By Staff reporter | Published: 17 October 2019

TELECOMS & TECHNOLOGY

Govt to unveil electronic fuel monitoring

The government is fast pushing for the introduction of electronic monitoring devices for the petroleum industry as part of measures to reduce arbitrage opportunities in the fuel sector, Energy and Pow...

By Staff reporter | Published: 11 October 2019

BUSINESS NEWS

Zimbabwe business, labour confront govt over TNF

GOVERNMENT has been taken to task for failing to take the Tripartite Negotiating Forum (TNF) seriously at a time the country's economic crisis is worsening.The TNF is a social dialogue platform that b...

By Staff reporter | Published: 11 October 2019

POLITICS

Blade Nzimande lashes Mnangagwa's govt for pursing anti-people policies

THE South African Communist Party (SACP) has come out guns blazing, accusing the Zimbabwe government of pursuing anti-people policies through unleashing violence against its people instead of concentr...

By Staff Reporter | Published: 06 October 2019

BUSINESS NEWS

Cash crisis shakes Mnangagwa's govt

CAUGHT in a dilemma between printing money and possibly fuelling inflation, or nursing acute cash shortages, President Emmerson Mnangagwa's government has turned to militant policies, controlling some...

By Staff reporter | Published: 06 October 2019

OPINION

Zanu-PF's tax evasion outs govt

The Zanu-PF government is taxing people dead on one hand, but is an artful dodger of tax on the other. That's an insulting contradiction.Months ago, Mthuli Ncube, the Finance minister, introduced a 2%...

By Tawanda Majoni | Published: 06 October 2019

BUSINESS NEWS

Zimbabwe govt misses privatisation deadlines

The government has failed to meet its targets to revive state-owned enterprises (SOEs) that were outlined under its much-touted economic blueprint amid concerns about policy inconsistencies.Finance mi...

By Staff reporter | Published: 06 October 2019

POLITICS

Mnangagwa's govt considers Diaspora vote

In what could be a major overhaul of the local voting system, Government will assess the feasibility of introducing Diaspora voting to Zimbabweans living in foreign lands, The Sunday Mail can reveal....

By Staff reporter | Published: 06 October 2019

POLITICS

Mnangagwa govt targets Zanu-PF crooks

PRESIDENT Emmerson Mnangagwa's government has launched a fresh blitz against Zanu-PF bigwigs and other crooks who have stashed billions of United States Dollars abroad the Daily News reports. This com...

By Staff reporter | Published: 05 October 2019

TELECOMS & TECHNOLOGY

Govt installs trackers on vehicles and Zupco buses

The Central Mechanical and Equipment Department (CMED) has set up a control room at its headquarters in the city to monitor the movement of all Government vehicles and collecting information on vehicl...

By Staff reporter | Published: 27 September 2019

ZIMBABWE

Govt vows to close forex loopholes

Government will continue to monitor the architecture of the country's financial system to close all loopholes that unscrupulous dealers could use to manipulate the exchange rate, Finance and Economic ...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Govt tightens screws on bread prices

The government has tightened its monitoring mechanisms on subsidised bread-making flour to millers and bakers to avoid unjustified bread price increases.This comes after several reports of some "baker...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Govt to float infrastructure bond for Harare

The Government will soon float an infrastructure bond to raise funds for water, sewer, roads and other equipment for the City of Harare, a Cabinet minister said yesterday. The Harare City Council is s...

By Staff reporter | Published: 27 September 2019

BUSINESS NEWS

Zimbabwe power outages a manifestation of endemic corruption in govt

THE massive daily power outages rocking the country have had a devastating impact on an already fragile economy, throwing into disarray President Emmerson Mnangagwa's mantra that "Zimbabwe is open for...

By Staff reporter | Published: 12 July 2019

BUSINESS NEWS

Shambles rock Zimbabwe govt over domestic debt

GOVERNMENT is guesstimating the real domestic debt figure despite announcing that it settled a significant portion of it last week as chaos continues to characterise official communication on the stat...

By Staff reporter | Published: 12 July 2019

BUSINESS NEWS

Former top govt official in US$5 million Zinara storm

FORMER deputy chief secretary to the president and cabinet Ray Ndhlukula is in the eye of a storm after it emerged this week that he unprocedurally ordered the Zimbabwe National Roads Administration (...

By Staff reporter | Published: 12 July 2019

TELECOMS & TECHNOLOGY

Govt to cede TelOne, NetOne majority shares by year-end

GOVERNMENT is moving to complete the sale of its majority shareholding in fixed telecommunications company TelOne and mobile operator NetOne by year-end, businessdigest has learnt.There has been an in...

By Staff reporter | Published: 12 July 2019

BUSINESS NEWS

Mnangagwa's govt stalls Harare bus deal

CHINA Nachang Engineering (Pvt) Ltd has withdrawn from a US$400 million deal with Harare City Council which was expected to supply 600 green-energy buses in the metropolitan province, saying it was ad...

By Staff reporter | Published: 12 July 2019

POLITICS

Govt hammers MDC bigwigs

JITTERY authorities are intensifying their crackdown against the main opposition MDC, with police arresting the party's youth leader Gift Siziba yesterday - barely 24 hours after its firebrand deputy ...

By Staff reporter | Published: 11 July 2019
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