Business

Edgars Zimbabwe has relocated its Borrowdale branch to a more spacious location at Sam Levy’s Village.  This comes as the retail giant continues with its expansion strategy which encompasses opening new stores. The high-end Edgars Borrowdale branch is now located at Shop Number 31-33, Sam Levy’s Village with the entrance …

GOVERNMEN has suspended teachers who have not reported for duty since the opening of schools on February 7 without pay. Primary and Secondary Education minister Evelyn Ndlovu announced the suspension of the teachers in a statement Thursday saying an widespread investigation has since launched an investigation into the alleged misconduct. …

By Gilbert Munetsi A Mutare-based community group advocating for the empowerment of youths and women has come out guns blazing, objecting to City of Mutare’s proposed 20 perent tariff hike for 2022. Manica Youth Assembly Trust (MAYA) – whose mandate is to encourage active and holistic participation by the two …

By Mercy MungoriwoPresident Emmerson Mnangagwa has with immediate effect appointed Member of Parliament, for Chirumhanzu South, Barbra Rwodzi as the new Deputy Minister for Environment, Climate, Tourism and Hospitality. Her elevation to the post was announced by Chief Secretary to the President and Cabinet, Dr Misheck Sibanda in a statement, …

Reserve Bank of Zimbabwe (RBZ) foreign exchange auction Tuesday disqualified a total 547 suspicious bids as the authorities sniff out chancers who intend to acquire foreign currency for speculative purposes. A trading update released at the close of business shows on the Main Auction platform 236 bids were disqualified while …

Insurance and Pensions Commission (IPEC) has cautioned stakeholders in the insurance and pensions sector to desist from accepting bribes under the pretext of gifts and other items of value. The insurance and pension funds regulator yesterday released a draft circular codenamed “standards for the pensions industry on payment and receipt …

A Hwange-based coal producer, South Mining Pvt Ltd is in the process of constructing a community library for the residents. This is part of its corporate social responsibility for Hwange Local Board (HLB). The entity recently added US$60 million towards investments in Hwange district after being awarded a mining licence …

Douglas Munatsi, the Chief Executive Officer of the Zimbabwe Investment and Development Agency, has died in a house fire. Police are investigating the fire as possible arson. Munatsi who died on Sunday 28 November 2021 was due to meet President Emmerson Mnangagwa this morning (Monday 29 November 2021). Here Are …

A newly elected Zimbabwe Sugar Milling Industry Workers’ Union (ZISMIWU) executive led by Samuel Mubango has won a 531% salary increase in a development that has won it accolades from its members. ZISMIWU is one of the biggest trade unions in the country, representing more than 10 000 workers at …

The International Monetary Fund (IMF) has upgraded its estimate for economic growth in Zimbabwe this year from 5,1 percent to 6 percent, very close to the Government estimate of 7,8 percent, based on increased productive investment, and has given a thumbs up to the continued programme of almost eliminating budget …