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1202 Herbal Solutions takes demonstrating employees to court

1202 Herbal Solutions (Pvt) Ltd has taken its employees to court accusing them of engaging into violent protests and disrupting business operations at its premises. In an urgent chamber application filed on 21 June 2018 at the High Court, 1202 Herbal Solutions accuse its employees of destroying and stealing property during the demonstrations. The respondents in the matter are MacNorman ...

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Lupepe faces imprisonment

Prominent Bulawayo business tycoon, Delma Lupepe, who was given an ultimatum to settle a $280 000 Ecobank debt by March 21, 2018, will appear in court this week after summons for civil imprisonment have been filed against him. According to court papers, the hearing on the matter has been set to Wednesday 20 June 2018. Ecobank issued the summons for ...

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Tolrose Investments looses battle to consultant

The High Court has ordered Tolrose Investments Pvt Ltd and Swimming Pool & Underwater Repair Company to pay US$340 000 which they owed to a mining service provider since 2015. Justice Mushore ordered that the two companies pay US$340 000 being the amount due to the plaintiff Lovemore Mangezi in terms of the Service Level Agreement of July 27 2015 ...

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Corrupt ZIBAWU targets Stanbic Bank

The once professional Zimbabwe Bank & Allied Workers Union had sunk deep into corruption, neglect of bankers’ legitimate plight and has the past three years incessantly targeting Stanbic Bank a member of Africa’s most successful chain banking network. While other banks such as Strive Masiyiwa’s Steward Bank are keeping over 60% of its staff on rolling annual and monthly contracts, ...

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Work related deaths, injuries worrisome

The Minister of Labour and Social Welfare, Petronella Kagonye has expressed her concerns on the numbers of work related injuries and deaths which remain very high. The honorable minister said this at the Engineers’ Safety and Healthy workshop which started today at the Rainbow Towers today and expected to end on the 13th of April in Harare. She encouraged the ...

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Government to create 400 000 jobs

The minister of Labour and Social Welfare, honourable Petronella Kagonye said her ministry is working towards creating 400 00 jobs. Honorable Kagonye said this at the employment creation dialogue which was held yesterday in Harare. She also said that the creation of these jobs is a thing that the ministry will see unto completion within a period of two years. ...

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Innovative Stanbic Bank Zimbabwe profits jump 30%

Stanbic Bank Zimbabwe has shrugged off the prevailing harsh economic environment to post an impressive set of results for the year ended December 2017 headlined by a profit after tax of US$27.6 million, up 30% from the prior year’s US$21.2 million. The bank’s Chairman, Gregory Sebborn, attributed the performance to the returns on the various interest earning instruments that the ...

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Hundreds of Italian companies interested in investing in Zimbabwe

The Zimbabwe Investment Conference was held today at the Rainbow towers Harare, during the conference, the Italian Ambassador to Zimbabwe honorable E. Agostini mentioned that there are 200 Italian companies that are interested in investing in the country. The ambassador mentioned that the famous statement that Zimbabwe is open for business must not only be in words but a lot ...

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Germany investors in Zimbabwe

Germany business mission to Zimbabwe with stop-over in Johannesburg workshop started yesterday Harare. In any interview with ZimOnline news the Ambassador of Germany Dr Thorsten Hutter said that “the different businessmen from Germany have come to see in what ways there can invest to improve the economy of Zimbabwe.” “The businessmen will meet with the government officials and some businessmen ...

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PRESIDENT EMMERSON D. MNANGAGWA LIVE AT DAVOS WEF

Zimbabwe’s new President, His Excellency Cde Emmerson Dambudzo Mnangagwa gives a presentation live at Davos World Economic Forum. Watch Below……..

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