Business

MDC Alliance leader Nelson Chamisa has urged Zimbabweans to be competitive on the world market as media companies are generating a lot of income in other countries while Zimbabwe is succumbing to the ravages of economic decay. Chamisa commented Jon Erlichman’s tweet which showed how much money is generated by companies such as Apple, Google, Microsoft, Amazon, Facebook and Netflix ...

Government has announced that prices of mealie- meal have reduced, with the retail price of 10kg now costing ZWL $50. On behalf of His Excellency President Emmerson Mnangagwa, Minister of Finance and Economic Development Mthuli Ncube announced the price reduction in a statement.  “As you may be aware, His Excellency President, Cde E.D Mnangagwa announced that subsidies on maize be ...

Former Secretary of Zimbabwe Hospital Doctors Association (ZHDA) Dr Bhebhe M.A sounds ungrateful following London based Zimbabwean billionaire Strive Masiyiwa’s offer of ZWL $5000 to doctors. Posting on his twitter handle Bhebhe said Masiyiwa’s contribution is a short term solution and is only for junior doctors. “Mr Strive Masiyiwa your gesture of goodwill is noted. However, it is temporary and ...

NetOne has today announced that it has introduced a zero-rated transactions on all OneMoney transactions except the statutory 2% tax and card swipe charges. Addressing journalists at NetOne conference room the company’s Chief Executive Officer (CEO) Mr Lazarus Muchenje said there will be no charges when sending or receiving money and also on cash outs at any NetOne Shop or ...

President Emmerson Mnangagwa has commissioned new Zimbabwe United Passenger Company (ZUPCO) buses in Bulawayo at the City Hall car park. Mnangagwa is also expected to officiate the graduation ceremony of National University of Science Technology (NUST) after commissioning 76 buses. Ministry of Information, Publicity and Broadcasting tweeted, “LIVE FROM BULAWAYO where President @edmnangagwa is set to commission a new fleet ...

Former Finance Minister Tendai Biti has claimed that the new Zimbabwe Dollar notes were printed in January this year. Reserve Bank of Zimbabwe (RBZ) has recently announced that it will reintroduce the Zimbabwean Dollar notes of its currency. Posting on his twitter handle Biti said, “The madness continues unabated. These notes were printed long back in January 2019 but they ...

Zimbabwe second largest mobile network provider NetOne today signed a Memorandum of Understanding with Harare Institute of Technology with the Mobile & Data giant financially and infra-structurally supporting the elite state tertiary learning institution. NetOne Chief Executive Lazarus Muchenje has applauded this strategic and first in the sector relationship. Muchenje said the partnership will empower the community especially women and ...

The Zimbabwe Energy Regulatory Authority (ZERA) has announced an increase in the price of fuels effective from yesterday, Monday 28 October 2019. The price of fuel hikes has been on hold now for the past three weeks. Maximum pump price of Diesel is now ZWL 17.47 up from ZWL 15.46 and Blend E20 now costs ZWL 16.75 up from ZWL ...

Reserve Bank of Zimbabwe (RBZ) has dismissed reports circulating on the media that the bank has changed the policy and administrative arrangements regarding the treatment of nostro accounts and cash withdrawals. In a statement RBZ Governor Dr J P Mangudya assured people that there has not been any change regarding free funds. He further said that the funds are to ...

AIpha Media Holdings Group (AMH) has dismissed reports circulating on social media that President Mnangagwa has bought 30% of the Media Group through his son-in-law Gerald Mlotshwa. In a statement, company secretary Prudence N.Mutsvanga said the AMH has not been in any negotiations with the President or anybody purporting to represent him. Mutsvanga also said the company’s principles are protected ...