Non-performing personal loans balloon
HARARE - Non-performing personal loans have ballooned to constitute a greater part of banks’ bad debts, a listed bank’s executive said. Ronald Mutandagayi, ZB Financial Holdings Limited (ZBFH)’s chief...
View ArticleZim could miss IMF targets
HARARE - Zimbabwe could for the second time miss the International Monetary Fund (IMF)’s Staff Monitored Programme (SMP) targets due to deteriorating economic conditions in the country. The...
View ArticleBogus cop impounds car
HARARE - A Budiriro man masqueraded as a detective from the Criminal Investigation Department (CID)’s Vehicle Theft Squad department and stole a car after misrepresenting to the complainant that it...
View ArticleLocal companies discriminatory: Mandiwanzira
BULAWAYO - Deputy minister of Information, Media and Broadcasting Services Supa Mandiwanzira has described local business people as selective in their conduct on supporting the local arts....
View ArticlePolitburo orders Masvingo poll re-run
HARARE - The Politburo on Wednesday ordered a poll re-run in Masvingo after Zanu PF provincial election results were sullied by allegations of electoral fraud and flagrant violation of voting...
View Article'No trained teachers for minority languages'
HARARE - Lazarus Dokora, the minister of Primary and Secondary Education says there are no trained teachers for minority languages, a development which has forced government to rely on temporary...
View ArticleGreen Fuel to pump in $260m
HARARE - Ethanol-producing company, Green Fuel plans to invest $260 million more in the project including in their power generation scheme between now and next year, the company’s general manager...
View ArticleNothing corrupt about solar tender: Mavhaire
HARARE - Energy minister Dzikamai Mavhaire says there is “nothing corrupt” about expanding the number of bidders and implementation partners for a major solar tender project since Zimbabwe is in...
View ArticleZim economy faces collapse: IMF
HARARE - The International Monetary Fund (IMF) has warned of a challenging economic environment ahead and urged government to pursue strong macroeconomic policies. An IMF staff mission, led by Alfredo...
View ArticleJuice better than ZimAsset: Mwonzora
BULAWAYO - The MDC says its economic blueprint Jobs Upliftment Investment Capital and Environment(JUICE) launched in 2012 could have worked better than the Zimbabwe Agenda for Sustainable...
View ArticleI'll kick them out: Mugabe
HARARE - President Robert Mugabe yesterday attacked the State media for using extraordinary measures to impose a media blackout on retired Reserve Bank of Zimbabwe governor Gideon Gono, saying he...
View ArticleWhat's next for Zimbabwe?
HARARE - Statements this week by Finance minister Patrick Chinamasa that Zimbabwe is far from reaching the prescribed International Monetary Fund (IMF) Staff-Monitored Programme targets, makes sad...
View ArticleBlack history and Africa
HARARE - An African-American campaigner for the rights of the black people, WEB du Bois, was once denied a passport by the US government to travel to a conference at which the black people of the US...
View ArticleCorruption needs practical action
EDITOR — The corruption cancer bedevilling our nation needs real action to rescue the declining economy. In recent months, we have read a lot of stories on corruption in various sectors of the...
View ArticleEnforce investor-friendly policies — Britain
HARARE - Zimbabwe will lag behind its African peers in development if its government does not enforce investor-friendly policies, deputy British Ambassador to the country Chris Brown said. This comes...
View ArticleTobacco sales reach $88m
HARARE - Zimbabwe has auctioned 28,6 million kg of tobacco worth $88 million since the beginning of the 2014 selling season mid-February. The Tobacco Industry and Marketing Board (Timb)’s latest...
View ArticleDPC pays 220 Trust depositors
HARARE - The Deposit Protection Corporation has so far paid 220 Trust Bank Limited (Trust) depositors following closure of the financial institution last December. However, the compensated account...
View ArticleVokal Da Poet wins Shoko poetry contest
HARARE - Spoken word artist Christopher ‘Vokal Da Poet’ Chiwanza came out tops in a competition held by Shoko Festival to select poets whose works will be published on the Poetry International...
View ArticleGaza Commander birthday bash at Stoddart Hall
HARARE - Shambare Promotions will host a birthday bash tonight for Mbare-based dancehall promoter David Kandawasvika at Stoddart Hall. The high profile gig for Kandawasvika, who is popularly known as...
View ArticleWinky D shines at Zim Dancehall Awards
HARARE - Glitz and glamour were in short supply at the Zim Dancehall Awards ceremony on Wednesday night but that could not take the shine off Wallace ‘Winky D’ Chirumiko’s haul of four awards. With...
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