NewsWatcher

 
28.03.17 - 14:01
Zimbabwe: ′If You See a U.S.$100 Note, It′s Been Sneaked In′ (AllAfrica)
 
[News24Wire] Cash-strapped Zimbabwe is trying to stop banks importing high-denomination US dollar bills - and that means you shouldn't see $100 notes in banks or supermarkets, state media is reporting....
28.03.17 - 13:12
Zimbabwe: Cadetship Debt Balloons (AllAfrica)
 
[The Herald] Government owes tertiary institutions $62 million in fees for students under the cadetship programme, Deputy Minister for Higher and Tertiary Education, Science and Technology Development, Dr Godfrey Gandawa has said. Dr Gandawa told the...
28.03.17 - 12:49
Zimbabwe: South African Businessman Kowalik Meets VP Mnangagwa (AllAfrica)
 
[The Herald] The chief executive of a South African pharmaceutical company Novatis International Dr Thomas Kowalik met Vice President Emmerson Mnangagwa in Harare yesterday to explore ways of helping diabetic patients in Zimbabwe. Speaking to journal...
28.03.17 - 12:27
UPDATE 1-Barclays in talks to sell Zimbabwe bank to Malawi′s First Merchant Bank (Reuters EN)
 
LONDON, March 28 (Reuters) - Barclays is in exclusive talks to sell its stake in its Zimbabwe unit to Malawi-based First Merchant Bank, the lenders said on Tuesday, as the British bank continues its exit from Africa....
28.03.17 - 12:06
Barclays in talks to sell Zimbabwe bank to Malawi′s First Merchant Bank (Reuters EN)
 
LONDON, March 28 (Reuters) - Barclays is in exclusive talks to sell its stake in Barclays Bank of Zimbabwe to Malawi's First Merchant Bank, First Merchant Bank said in a statement on its website on Tuesday....
28.03.17 - 09:39
Zimbabwe: Province Tops Machete Murders List (AllAfrica)
 
[The Herald] Midlands Province has recorded the highest number of murder cases involving weapons such as machetes, especially in areas associated with illegal gold mining, amid reports that some of the killings were being perpetrated at the instigati...
28.03.17 - 09:25
Zimbabwe: ′Govt Eyeing Diaspora Remittances to Improve GDP′ (AllAfrica)
 
[New Zimbabwe] SMALL and Medium Enterprises minister Sithembiso Nyoni has said government wants to learn from Nepal to organize remittances inflow to improve the country's GDP....
28.03.17 - 09:12
Zimbabwe: War Vets Hit Back At ′Dictator′ Mugabe (AllAfrica)
 
[CAJ News] Harare -ZIMBABWEAN veterans of the 1970s liberation struggle have continued their public spat with President Robert Mugabe, lashing at the veteran leader for claiming only he was capable of leading the country. During an indaba held in Har...
27.03.17 - 14:31
Zimbabwe: Cash Shortages - Time to Consider The Rand? (AllAfrica)
 
[The Herald] THE shortage of US dollars besetting the economy has reignited debate on whether Zimbabwe should adopt the rand, as it emerged that cash in circulation was only $202 million against requirement of nearly a billion dollars.The debate is p...
27.03.17 - 13:01
Zimbabwe: Investing in Zimbabwe′s Smallholder Farmers (AllAfrica)
 
[IPS] Harare -To take his mangoes to Shurugwi, 230 kms south of Harare, requires Edward Madzokere to hire a cart and wake up at dawn. The fruit farmer sells his produce at the nearest "growth point" at Tongogara (the term for areas targeted for devel...
27.03.17 - 12:31
Zimbabwe: Pair Swipes Firm Out of U.S.$100 000 (AllAfrica)
 
[The Herald] TWO Curechem Overseas (Private) Limited employees made people use the company's Point Of Sale Machines without buying anything and charged them a five percent fee prejudicing their employer about $100 000. Perlagia Chinyemba (25) and Ke...
27.03.17 - 10:54
Zimbabwe: No Favours to Returning Professionals - Minister (AllAfrica)
 
[New Zimbabwe] PUBLIC Service deputy minister Tapiwa Matangaidze says government does not plan to give preferential treatment to returning civil servants who abandoned their jobs during the height of the country's economic crisis for greener pasture...
27.03.17 - 10:36
Zimbabwe: Women ′Using Toxic Mine Waste As Sexual Stimulant′ (AllAfrica)
 
[News24Wire] Women living in a small town in north-western Zimbabwe are reportedly at risk of contracting cervix cancer following reports that they were allegedly using toxic acidic mine waste to stimulate their sexual pleasure....
26.03.17 - 10:18
Zimbabwe: Command Agriculture, Command Economy - a Silent Coup Brewing (AllAfrica)
 
[Zimbabwe Standard] Vice-President Emerson Mnangagwa recently announced intentions to expand the command agriculture scheme into "command mining", "command health" and even "command education"....
25.03.17 - 07:36
Zimbabwe: Primary School Pupils to Write Agriculture Exam (AllAfrica)
 
[The Herald] GRADE Seven pupils will be examined in Agriculture for the first time this year, a move that will change the highest pass at that level from four to five units, the Zimbabwe Schools Examinations Council (Zimsec) has confirmed....
24.03.17 - 13:31
Zimbabwe: Hydro Electric Power Scheme Investor Talks On Cards (AllAfrica)
 
[The Herald] An investors' conference for the construction of the Batoka Hydro Electric Power Scheme will be held in Zambia next week to mobilise resources for the construction of the project expected to ease electricity shortages in Zimbabwe and he...
24.03.17 - 11:01
Zimbabwe: Women Using Colliery Mine Waste As Sexual Stimulant - Report (AllAfrica)
 
[New Zimbabwe] A MINING rights lobby NGO says Hwange Colliery is exposing local women to serious health risks by dumping toxic acid whose chaff they (women) are applying to their bodies to arouse sexual pleasure....
24.03.17 - 09:01
Zimbabwe: Internet Provider Launches New Product (AllAfrica)
 
[The Herald] LEADING internet service provider, ZOL Zimbabwe has launched a product whose speed, chief executive Denny Marandure, said brings internet speed that equals "a cheetah driving a Ferrari"....
24.03.17 - 09:01
Zimbabwe: Mugabe Enjoys Lavish Lifestyle Amid Poverty (AllAfrica)
 
[Zimbabwe Independent] "PEOPLE say I'm extravagant because I want to be surrounded by beauty. But tell me, who wants to be surrounded by garbage?"...
24.03.17 - 08:48
Zimbabwe: Premiership Football Clubs Want More From Sponsors (AllAfrica)
 
[The Herald] Premiership clubs have appealed to sponsors Delta Beverages to consider increasing their package in the domestic game after the league's traditional partners decided to extend their partnership for 2017 and beyond....
23.03.17 - 13:55
Zimbabwe: Immigration Department Rejecting Bond Notes (AllAfrica)
 
[New Zimbabwe] THE immigration department is rejecting payments in bond notes at a time the government is threatening to prosecute retailers who are also refusing the surrogate currency or charging a premium for its use, NewZimbabwe.com has establish...
23.03.17 - 13:43
Zimbabwe: Airzim Deal Collapses (AllAfrica)
 
[Financial Gazette] PLANS by the country's beleaguered airline, Air Zimbabwe (AirZim), to lease modern passenger aircraft from Malaysia Airlines have hit a brick wall after the two parties could not agree on terms underpinning the multi-million doll...
23.03.17 - 12:18
Zimbabwe: War Veterans Take Colleagues to Court (AllAfrica)
 
[Financial Gazette] A company owned by former Zimbabwe People's Revolutionary Army (ZIPRA) combatants has approached the High Court seeking to evict three female war veterans who allegedly invaded Castle Arms Motel....
23.03.17 - 12:01
Zimbabwe: War Veterans Change Meeting′s Agenda (AllAfrica)
 
[Financial Gazette] MEMBERS of the Zimbabwe National Liberation War Veterans Association (ZNLWVA) will now discuss the general state of affairs in the country at their meeting scheduled for today instead of issues relating to their welfare....
23.03.17 - 11:42
At 93 years old, Zimbabwe′s Mugabe remains a jet-setter (AP)
 
Zimbabwe's 93-year-old leader might be slowing down, but his busy foreign travels have led the opposition to call him the "non-resident president." President Robert Mugabe has visited Singapore, ......
23.03.17 - 10:49
Zimbabwe: Firm In Massive Staff Retrenchment Exercise (AllAfrica)
 
[Financial Gazette] JAPANESE paint and chemical products giant, Kansai Plascon Africa Group, has embarked on a massive staff retrenchment exercise at its Zimbabwe unit, Astra Industries, the Financial Gazette's Companies & Markets (C&M) can exclusiv...
23.03.17 - 10:01
Zimbabwe: Doves Funeral Assurance Loses Zimplats Claim (AllAfrica)
 
[Financial Gazette] THE High Court has thrown out a US$4 million claim against the Zimbabwe Platinum Mines (Zimplats) by Doves Funeral Assurance (Private) Limited, after the mining giant cancelled a tender for funeral cover in 2013....
23.03.17 - 10:01
Zimbabwe: Platinum Miner to Repair Turf Village Houses (AllAfrica)
 
[Financial Gazette] PLATINUM miner, Zimplats Holdings Limited, says some of the houses developed under its US$85 million Turf Village housing scheme are showing signs of structural defects and has since engaged a contactor to repair them....
23.03.17 - 10:01
Zimbabwe: Heavy Rains Wash Away Roads, Leaving Crops Stranded (AllAfrica)
 
[Thomson Reuters Foundation] Chipendeke -Rains finally promise a good harvest in most parts of Zimbabwe's Manicaland province - but only if farmers can get it to market...
23.03.17 - 09:48
Zimbabwe: Courier Firm Wary of Indigenisation (AllAfrica)
 
[Financial Gazette] GERMAN courier firm DHL is unlikely to commit fresh investments in Zimbabwe until government fully clarifies the country's controversial indigenisation law, an executive has disclosed....
23.03.17 - 09:48
Zimbabwe: Mining Contractor Mota-Engil Resumes Operations (AllAfrica)
 
[Financial Gazette] PORTUGUESE conglomerate Mota-Engil has resumed mining at Hwange Colliery (HCC), four months after quitting over the coal miner's failure to pay a US$50 million debt, an official has said, but it remains unclear if it has been pai...
23.03.17 - 08:48
Zimbabwe: Edgars Sales Drop 19% (AllAfrica)
 
[The Herald] Clothing retail giant, Edgars Stores says merchandise sales for the 52 weeks to January 8, 2017 dropped 19 percent to $50,3 million compared to $62,3 posted in the same period the prior year....
23.03.17 - 08:31
Zimbabwe: CBZ Holdings to Launch SMEs Pension Fund (AllAfrica)
 
[The Herald] Zimbabwe Stock Exchange-listed CBZ Holdings is set to establish a pension fund for small to medium enterprises to be underwritten by its Life business....
23.03.17 - 08:31
Zimbabwe: Steel Can Lead Industrial Rebirth (AllAfrica)
 
[The Herald] Reviving Zimbabwe's steel industry involves a lot more than simply repairing or rebuilding sections of the old Zisco plant in Redcliff. It will involve the shift to more modern requirements and resuscitation of and expansion of a range ...
23.03.17 - 07:48
Zimbabwe: FBC Closes in On U.S.$90 Million Loan (AllAfrica)
 
[The Herald] FBC Holdings is close to securing a $90 million loan facility for its banking division FBC Bank, which is a follow-on to a previous $60 million facility, group CEO Mr John Mushayavanhu has said....
23.03.17 - 07:48
Zimbabwe: Multi-Tier Pricing Model Illegal - Central Bank (AllAfrica)
 
[The Herald] RETAILERS who are using a multi-tier pricing system for different payment systems are violating the Bank Use Promotion Act and risk the full wrath of the law, a senior Reserve Bank official has said....
22.03.17 - 13:31
Zimbabwe: Over U.S.$40 Million Lost As Govt Fails to Fund Overseas Travel Shows (AllAfrica)
 
[New Zimbabwe] ZIMBABWE has lost over $40 million dollars from tourists coming from Nordic countries, following the cancellation of 30 marketing shows owing to government's bankruptcy, a report by parliament has revealed....
22.03.17 - 12:31
Zimbabwe: Ministers Unanimous On Bumper Crop - Concerned About Storage Space (AllAfrica)
 
[The Herald] Lloyd Gumbo -MOST provinces countrywide are expecting a bumper harvest largely due to Command Agriculture and the Presidential Inputs Support Scheme, with ministers of state for provincial affairs bidding for the programmes to continue. ...
22.03.17 - 12:25
Zimbabwe: Regulatory Capture Threat to Recovery of Cotton Industry (AllAfrica)
 
[The Herald] WHILE Government has moved in to revive the cotton industry through a three-year free input support programme, inadequate regulatory enforcement, particularly during the marketing season remains a threat to the sustainable recovery of th...
22.03.17 - 07:42
Zimbabwe: Mine Ownership Dispute Turns Nasty As Minister′s Security Fire At Rivals (AllAfrica)
 
[New Zimbabwe] A LONG-standing dispute over the ownership of a Masvingo gold mine between mines deputy minister Fred Moyo and businessman Tinaye Hove turned nasty Saturday when security hired to guard the property by Moyo shot and left for dead the t...
21.03.17 - 08:48
Zimbabwe: Ecocash CEO Returns From Diaspora (AllAfrica)
 
[New Zimbabwe] MORE than a million Zimbabweans are said to have left the country in the last decade and a half, largely driven away by the country's economic problems....
21.03.17 - 07:48
Zimbabwe: Ministers Made, Moyo′s Command Agriculture Claims Trashed (AllAfrica)
 
[The Herald] Felex Share -Government used only $190 million under the Command Agriculture Programme, contrary to claims by Higher and Tertiary Education, Science and Technology Development Minister Professor Jonathan Moyo that $500 million went towar...
21.03.17 - 07:30
Zimbabwe: Govt, Firm Ink U.S.$7 Million Power Plant Deal (AllAfrica)
 
[The Herald] Masvingo -Government has sealed a $7 million agreement for the contractor at Tokwe-Mukosi Dam to start civil works on the planned mini-hydro power plant that will generate electricity at the recently completed dam. The agreement signed b...
20.03.17 - 15:01
Zimbabwe: Award-Winning Businesswoman Muregi-Pundu′s Unique Breakthrough (AllAfrica)
 
[Zimbabwe Standard] Making a costly mistake that puts one's job a risk is the last thing any employee would want in their lifetime, but for award-winning businesswoman, Peace Muregi-Pundu, the one mistake that almost cost her job became her business...
20.03.17 - 14:18
Zimbabwe: Light Bulbs Ban to Save 40MW (AllAfrica)
 
[The Herald] A NEW law that bans all trade, manufacture and use of inefficient incandescent bulbs will save Zimbabwe up to 40 megawatts of electricity, enough to power a small town like Rusape for days....
20.03.17 - 14:12
Zimbabwe: Power Company Board Accused of Sabotaging Govt (AllAfrica)
 
[The Herald] Zimbabwe Power Company (ZPC) board members are reportedly throwing spanners into the works on the implementation of major power projects identified under Zim-Asset ahead of next year's harmonised elections, it has emerged....
20.03.17 - 11:24
Zimbabwe: ′Bumper Harvest′ - Minister Credits Controversial Land Reform (AllAfrica)
 
[News24Wire] Zimbabwean Agriculture Minister Joseph Made is confident the country will have a bumper harvest amid revelations government has stopped the importation of grain....
20.03.17 - 11:01
Zimbabwe: Broke Govt to Pay MPs Using Stands (AllAfrica)
 
[New Zimbabwe] GOVERNMENT has set plans to settle debts owed to legislators in terms of allowances with residential stands, Local Government Minister Saviour Kasukuwere has revealed....
20.03.17 - 10:43
Zimbabwe: Mugabe in Mauritius for Economic Summit (AllAfrica)
 
[The Herald] Mauritius -President Mugabe arrived here yesterday to join other African leaders attending the inaugural African Economic Platform Summit that opens today.He was welcomed at the Ramgoolam International Airport by the Mauritian Prime Mini...
20.03.17 - 10:30
Zimbabwe: Govt Loses U.S.$80,000 in Loans As Youths Migrate to South Africa (AllAfrica)
 
[The Herald] THE majority of youths in Tsholotsho who received loans from Government to start income generating projects skipped the country and headed to South Africa resulting in only $7 000 being repaid from the $87 000 that was disbursed. Matabel...





































 

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