Thursday, November 15, 2018
Africa Moyo HARARE – Zimbabwe Revenue Authority (Zimra) board members made rich pickings from fees and allowances last year after pocketing a combined $292 582 last year, representing a 9 percent rise from the prior year. The Zimra board has 10 members who were appointed on June 26, 2015. In 2016, Zimra...
Tawanda Musarurwa HARARE - Professor Mthuli Ncube has replaced Patrick Chinamasa as Zimbabwe’s Minister of Finance as President Emmerson Mnangagwa announced his new cabinet this afternoon. Prof Ncube is expected to drive the new Government’s drive towards economic revival. Prof Ncube is a financial, economics, investment, and public policy expert and has...
HARARE - The parallel market crisis that the government is battling with emerged nearly five years ago when the  previous government began using more money than it actually had and  created  avenues, a top Reserve Bank of Zimbabwe (RBZ) official said on  Thursday. RBZ Deputy Governor, Dr Khupukile Mlambo said...
BH24 Reporter HARARE –ProVia, the safety-focused and reliable budget parts aftermarket brand for commercial vehicle braking systems, has announced its launch in 10 countries across the Southern African region, including Zimbabwe. It is now available in 55, two years after it was launched by the WABCO Group. From its distribution center near...
HARARE - The 2019 national budget, which  will be presented in November, will contain measures to strengthen  revenue collection and minimising government expenditure to reduce the  ballooning budget deficit which stood at $1.12 billion by June, the  Ministry of Finance and Economic Development has said. According to a pre-budget strategy...
Thupeyo Muleya BEITBRIDGE – Beitbridge Municipality has increased its budget for 2019 to $8,4 million from $6,1 million this year with more resources set to be channelled towards service delivery and transformation of the town. Finance director Mr Anymore Mbedzi told stakeholders here Wednesday that although the budget had been increased,...
HARARE – The Zimbabwe Special Economic Zones Authority (ZimSEZA) has appointed its first chief executive officer, Mr Edwin Kondo. Said ZimSEZA chairman Dr Gideon Gono on the development: Following the approval by the Minister of Industry and Commerce and Enterprise Development Dr Mike Bimha, in terms of Section 22 of the...
Pauline Mhuka-Magavu HARARE - The Econet Group has announced that streamline its direct-to-home satellite television service – Kwese TV. “Having been in the African market for almost two years, Kwesé has taken time to monitor subscriber viewing habits and preferences. These insights have guided our efforts to provide a product range...
Blessings Chidakwa KADOMA – Zimbabwe Stock Exchange-listed mining giant RioZim has temporarily stopped operations amid fears of a total shutdown putting the livelihoods of more than 2 000 employees in jeopardy. Workers recently received communication that they were unlikely to get salaries but grocery as hardship allowance. Rio Zim Head of Corporate Affairs...
Tawanda Musarurwa HARARE - President Emmerson Mnangagwa today launched C-Trade, in one of the biggest developments around Zimbabwe’s capital markets in recent years. C-Trade is an online and mobile trading platform for the trading of shares on the Zimbabwe Stock Exchange and the alternative trading platform, the Financial Securities Exchange (Pvt) Limited...