Business – Nehanda Radio http://nehandaradio.com Zimbabwe News and Internet Radio Sat, 21 Apr 2018 11:59:04 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.5 http://nehandaradio.com/wp-content/uploads/2017/08/cropped-Nehanda-Radio-Favicon-512-32x32.jpg Business – Nehanda Radio http://nehandaradio.com 32 32 Zesa sues Didymus Mutasa http://nehandaradio.com/2018/04/21/zesa-sues-didymus-mutasa/ http://nehandaradio.com/2018/04/21/zesa-sues-didymus-mutasa/#comments Sat, 21 Apr 2018 03:57:40 +0000 http://nehandaradio.com/?p=175235 Didymus Mutasa

Zimbabwe People First (ZPF) top official Mr Didymus Mutasa has been dragged to court over an unpaid $69 000 electricity bill.

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Questions over ‘dodgy’ US$4,2 billion platinum venture http://nehandaradio.com/2018/04/20/questions-over-dodgy-us42-billion-platinum-venture/ http://nehandaradio.com/2018/04/20/questions-over-dodgy-us42-billion-platinum-venture/#comments Fri, 20 Apr 2018 16:22:40 +0000 http://nehandaradio.com/?p=175204

Questions are being raised over Karo Resources Limited’s US$4,2 billion platinum investment deal signed by government last month as it emerged that the company has a dodgy background and dual registration in Cyprus and Guernsey, a tax haven blacklisted by the European Union (EU).

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‘Cops seize rich gold mine’ – Called in to restore order but end up mining http://nehandaradio.com/2018/04/20/cops-seize-rich-gold-mine-called-in-to-restore-order-but-end-up-mining/ http://nehandaradio.com/2018/04/20/cops-seize-rich-gold-mine-called-in-to-restore-order-but-end-up-mining/#comments Fri, 20 Apr 2018 11:44:32 +0000 http://nehandaradio.com/?p=175151 Illegal miners work a section of Old Motapa Mine in Inyathi that has been invaded by more than 300 fortune seekers

The situation is tense at a gold mine in Inyathi where a person has died after police called to restore order allegedly took over operations.

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Minister summoned over Chivhayo solar project http://nehandaradio.com/2018/04/19/minister-summoned-over-chivhayo-solar-project/ http://nehandaradio.com/2018/04/19/minister-summoned-over-chivhayo-solar-project/#respond Thu, 19 Apr 2018 09:53:39 +0000 http://nehandaradio.com/?p=175073

Energy and Power Development Minister Simon Khaya Moyo and former ministers Samuel Undenge and Dzikamai Mavhaire are set to appear before the Parliamentary committee on Mines and Energy today to answer questions on the Gwanda solar project awarded to flamboyant businessman Mr Wicknell Chivayo.

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Mnangagwa says new investment law to open economy http://nehandaradio.com/2018/04/19/mnangagwa-says-new-investment-law-to-open-economy/ http://nehandaradio.com/2018/04/19/mnangagwa-says-new-investment-law-to-open-economy/#comments Thu, 19 Apr 2018 07:50:44 +0000 http://nehandaradio.com/?p=175050 President Emmerson Mnangagwa

Zimbabwe is working on a new investment law to open up the economy to foreign investors, President Emmerson Mnangagwa said on Wednesday, part of his government’s drive to revive an economy that stagnated under Robert Mugabe last years in power.

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Hwange calls off exploration deal? http://nehandaradio.com/2018/04/18/hwange-calls-off-exploration-deal/ http://nehandaradio.com/2018/04/18/hwange-calls-off-exploration-deal/#comments Wed, 18 Apr 2018 11:04:29 +0000 http://nehandaradio.com/?p=175031 Hwange Colliery

Hwange Colliery Company Limited (HCCL) has suspended negotiations concerning a material transaction, which was going to have an effect on the price of the company’s shares, had it been concluded.

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Econet gets licence to generate solar energy http://nehandaradio.com/2018/04/17/econet-gets-licence-to-generate-solar-energy/ http://nehandaradio.com/2018/04/17/econet-gets-licence-to-generate-solar-energy/#comments Tue, 17 Apr 2018 14:09:06 +0000 http://nehandaradio.com/?p=174990

Econet Wireless Zimbabwe (Econet) has been given a licence to generate power to meet the electricity and energy needs at its Willowvale premises in Harare, according to a notice carried in the media.

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Facebook facial recognition faces class-action suit http://nehandaradio.com/2018/04/17/facebook-facial-recognition-faces-class-action-suit/ http://nehandaradio.com/2018/04/17/facebook-facial-recognition-faces-class-action-suit/#respond Tue, 17 Apr 2018 08:44:40 +0000 http://nehandaradio.com/?p=174967

Facebook must face a class action lawsuit over its use of facial recognition technology, a California judge has ruled. The lawsuit alleges that Facebook gathered biometric information without users' explicit consent.

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Government restructures Zinara http://nehandaradio.com/2018/04/16/government-restructures-zinara/ http://nehandaradio.com/2018/04/16/government-restructures-zinara/#comments Mon, 16 Apr 2018 14:51:57 +0000 http://nehandaradio.com/?p=174887 Minister Without Finance: Patrick Chinamasa

President Emmerson Mnangagwa’s administration has put plans in motion to restructure the Zimbabwe National Road Administration (Zinara) as a way of making the parastatal more effective and reduce corruption.

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Zim needs to double agro-production http://nehandaradio.com/2018/04/16/zim-needs-to-double-agro-production/ http://nehandaradio.com/2018/04/16/zim-needs-to-double-agro-production/#comments Mon, 16 Apr 2018 14:28:49 +0000 http://nehandaradio.com/?p=174884 Constantino Chiwenga

Vice President Constantino Chiwenga says the country needs to double its agricultural output in order for the country to regain its status as the bread basket of Africa.

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Zinara payment delays stall Hre roads rehab http://nehandaradio.com/2018/04/16/zinara-payment-delays-stall-hre-roads-rehab/ http://nehandaradio.com/2018/04/16/zinara-payment-delays-stall-hre-roads-rehab/#comments Mon, 16 Apr 2018 14:17:43 +0000 http://nehandaradio.com/?p=174880

The Rehabilitation of Harare’s roads has been halted after the Zimbabwe National Roads Administration (Zinara) failed to disburse nearly $10 million owed to companies contracted to the do the works.

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No changes in grain prices: GMB http://nehandaradio.com/2018/04/16/no-changes-in-grain-prices-gmb/ http://nehandaradio.com/2018/04/16/no-changes-in-grain-prices-gmb/#comments Mon, 16 Apr 2018 03:54:47 +0000 http://nehandaradio.com/?p=174806

The Grain Marketing Board (GMB) has not changed the purchase price of grain for the 2018-19 marketing season, as Government is yet to deliberate on the price regime for this year’s grain produce.

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NRZ to get four more locomotives http://nehandaradio.com/2018/04/16/nrz-to-get-four-more-locomotives-174797/ http://nehandaradio.com/2018/04/16/nrz-to-get-four-more-locomotives-174797/#comments Mon, 16 Apr 2018 03:32:12 +0000 http://nehandaradio.com/?p=174797

The Diaspora Investment Development Group (DIDG) and South Africa’s Transnet, is pressing ahead with revival of the National Railways of Zimbabwe (NRZ), amid indications that four more class-34 locomotives will be delivered in the near future.

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Workers contest quarry privatisation http://nehandaradio.com/2018/04/16/workers-contest-quarry-privatisation/ http://nehandaradio.com/2018/04/16/workers-contest-quarry-privatisation/#respond Mon, 16 Apr 2018 03:24:03 +0000 http://nehandaradio.com/?p=174792

Harare City Council workers are still fighting against the privatisation of Crusher Station, an entity of the local authority that produces crushed stone and asphalt concrete for road construction and rehabilitation.

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UBH private pharmacy shut down http://nehandaradio.com/2018/04/15/ubh-private-pharmacy-shut-down/ http://nehandaradio.com/2018/04/15/ubh-private-pharmacy-shut-down/#comments Sun, 15 Apr 2018 18:28:50 +0000 http://nehandaradio.com/?p=174741

The Medicines Control Authority of Zimbabwe (MCAZ) last week closed down United Bulawayo Hospitals 24-hour private pharmacy which was allegedly operating illegally at the hospital premises resulting in police seizing all the drugs from the outlet.

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