Business – Nehanda Radio http://nehandaradio.com Zimbabwe News and Internet Radio Sun, 21 Oct 2018 16:44:35 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 http://nehandaradio.com/wp-content/uploads/2017/08/cropped-Nehanda-Radio-Favicon-512-32x32.jpg Business – Nehanda Radio http://nehandaradio.com 32 32 ‘Slash bigwigs’ appetite for extravagant life’ – Biti http://nehandaradio.com/2018/10/21/slash-bigwigs-appetite-for-extravagant-life-biti/ http://nehandaradio.com/2018/10/21/slash-bigwigs-appetite-for-extravagant-life-biti/#comments Sun, 21 Oct 2018 15:20:19 +0000 http://nehandaradio.com/?p=196267 Former Finance Minister Tendai Biti

The Daily News on Sunday’s Pauline Hurungudo sits down for a wide-ranging interview with former Finance minister Tendai Biti, who is also the deputy national chairperson for the MDC, about the state of the economy. Find below excerpts of the interview.

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Zimra boss on career, life as single mom http://nehandaradio.com/2018/10/21/zimra-boss-on-career-life-as-single-mom/ http://nehandaradio.com/2018/10/21/zimra-boss-on-career-life-as-single-mom/#respond Sun, 21 Oct 2018 14:39:49 +0000 http://nehandaradio.com/?p=196262 Zimra Commissioner-General Ms Faith Mazani

The Daily News on Sunday’s Tendayi Madhomu speaks to Zimra boss Faith Mazani, below are excerpts of the interview.

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‘Reducing govt waste, imposing taxes will revive economy’: Ncube http://nehandaradio.com/2018/10/21/reducing-govt-waste-imposing-taxes-will-revive-economy-ncube/ http://nehandaradio.com/2018/10/21/reducing-govt-waste-imposing-taxes-will-revive-economy-ncube/#comments Sun, 21 Oct 2018 14:35:21 +0000 http://nehandaradio.com/?p=196260 Zimbabwean Finance Minister Mthuli Ncube (File: AFP)

The Daily News on Sunday deputy chief writer Tendai Kamhungira took time to speak to Finance minister Mthuli Ncube over the motive behind his controversial policy interventions.

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Government struggling with spike in fuel demand http://nehandaradio.com/2018/10/21/government-struggling-with-spike-in-fuel-demand/ http://nehandaradio.com/2018/10/21/government-struggling-with-spike-in-fuel-demand/#comments Sun, 21 Oct 2018 14:19:24 +0000 http://nehandaradio.com/?p=196253 Minister of Finance and Economic Development Prof Mthuli Ncube and permanent secretary Mr George Guvamatanga

Suspected smuggling of Zimbabwean fuel across the border is propelling the country’s demand to record highs, with fuel consumption  spiking by a staggering 30 percent since July this year, permanent secretary in the Finance ministry George Guvamatanga has said.

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Vendors’ woes mount as rains approach http://nehandaradio.com/2018/10/20/vendors-woes-mount-as-rains-approach/ http://nehandaradio.com/2018/10/20/vendors-woes-mount-as-rains-approach/#comments Sat, 20 Oct 2018 16:27:30 +0000 http://nehandaradio.com/?p=196125 Vegetable vendors sell their wares

Relocated Harare vendors operating from an open space at Coca-Cola Corner along Seke Road in Graniteside are facing hard times as the rainy season approaches.

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High debt affects Zimra collections http://nehandaradio.com/2018/10/19/high-debt-affects-zimra-collections/ http://nehandaradio.com/2018/10/19/high-debt-affects-zimra-collections/#respond Fri, 19 Oct 2018 17:12:19 +0000 http://nehandaradio.com/?p=196010 Zimra Commissioner-General Ms Faith Mazani addresses diplomats in Harare while Ministry of Foreign Affairs and International Trade, Director of Policy Research and Training, Mr Gideon Gapare looks on during a meeting. — Picture by John Manzongo

The Zimbabwe Revenue Authority (Zimra) says high debt continues to negatively affect optimum revenue collection, as obligations increased to $4,55 billion during the third quarter ended September 30, 2018.

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Village Inn exonerates Mandiwanzira http://nehandaradio.com/2018/10/19/village-inn-exonerates-mandiwanzira/ http://nehandaradio.com/2018/10/19/village-inn-exonerates-mandiwanzira/#respond Fri, 19 Oct 2018 16:58:51 +0000 http://nehandaradio.com/?p=196006 Zanu PF cabinet minister and legislator, Supa Mandiwanzira is the major shareholder in AB Communications

Lawyers representing Village Inn, a hotel in Nyanga, and judicial manager Shepherd Chimutanda have denied allegations of a forceful take-over of the hotel by Tatipano Properties, a firm linked to Nyanga South member of the National Assembly Supa Mandiwanzira.

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‘Diesel demand strikingly increasing’ http://nehandaradio.com/2018/10/19/diesel-demand-strikingly-increasing/ http://nehandaradio.com/2018/10/19/diesel-demand-strikingly-increasing/#comments Fri, 19 Oct 2018 16:45:05 +0000 http://nehandaradio.com/?p=196001

Diesel demand has been strikingly increasing over the last few months, a leading financial research firm has said.

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2 percent tax sparks confusion http://nehandaradio.com/2018/10/19/2-percent-tax-sparks-confusion/ http://nehandaradio.com/2018/10/19/2-percent-tax-sparks-confusion/#respond Fri, 19 Oct 2018 15:36:09 +0000 http://nehandaradio.com/?p=195993 Zimbabwean Finance Minister Mthuli Ncube (File: AFP)

There is confusion in the market over the two percent tax introduced by Finance minister Mthuli Ncube.

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Price hikes, inflation haunt Zim again http://nehandaradio.com/2018/10/19/price-hikes-inflation-haunt-zim-again/ http://nehandaradio.com/2018/10/19/price-hikes-inflation-haunt-zim-again/#comments Fri, 19 Oct 2018 15:27:25 +0000 http://nehandaradio.com/?p=195990 Reserve Bank of Zimbabwe Governor Dr John Mangudya (left) makes an address during the mid-term monetary policy presentation in Harare as Minister of Finance and Economic Development, Professor Mthuli Ncube listens

Prices have suddenly shot up in Zimbabwe following a slowdown in annual inflation during the first half of the year, a leading financial research firm has said.

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Shoppers stampede for cooking oil http://nehandaradio.com/2018/10/19/shoppers-stampede-for-cooking-oil/ http://nehandaradio.com/2018/10/19/shoppers-stampede-for-cooking-oil/#comments Fri, 19 Oct 2018 15:11:10 +0000 http://nehandaradio.com/?p=195985 File picture of Zimbabweans buying groceries in a supermarket

Police were yesterday called to restore order at some of Harare’s leading retailers when desperate shoppers caused commotion after the outlets had received deliveries of cooking oil.

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Beverly Angel set to make history as she officially launches her new bank in the UK http://nehandaradio.com/2018/10/19/beverly-angel-set-to-make-history-as-she-officially-launches-her-new-bank-in-the-uk/ http://nehandaradio.com/2018/10/19/beverly-angel-set-to-make-history-as-she-officially-launches-her-new-bank-in-the-uk/#comments Fri, 19 Oct 2018 13:23:36 +0000 http://nehandaradio.com/?p=195845 Beverly Angel, the wife of Spirit Embassy: GoodNews Church founder Prophet Uebert Angel

History will be made this weekend as Beverly Angel, the wife of Spirit Embassy: GoodNews Church founder Prophet Uebert Angel, launches a new UK based bank called Brits Money which is an alternative banking solution to that offered by high street banks.

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Blanket Mine gold output increases http://nehandaradio.com/2018/10/19/blanket-mine-gold-output-increases/ http://nehandaradio.com/2018/10/19/blanket-mine-gold-output-increases/#comments Fri, 19 Oct 2018 05:40:07 +0000 http://nehandaradio.com/?p=195934 Blanket Mine workers process gold

Gold output at Blanket Mine in Matabeleland South clocked 13 978 ounces during the third quarter period ended 30 September 2018, which is a 10 percent increase when compared to the second quarter.

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New-look Edgars . . .Clothing giant given major facelift http://nehandaradio.com/2018/10/19/new-look-edgars-clothing-giant-given-major-facelift/ http://nehandaradio.com/2018/10/19/new-look-edgars-clothing-giant-given-major-facelift/#respond Fri, 19 Oct 2018 04:52:44 +0000 http://nehandaradio.com/?p=195929 Edgars

Today Clothing retail giant Edgars Stores opens one of its branches in Bulawayo that has been given a a major facelift with a view of enhancing shopping experience.

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Liquid appoints Makamure new regional CEO http://nehandaradio.com/2018/10/19/liquid-appoints-makamure-new-regional-ceo/ http://nehandaradio.com/2018/10/19/liquid-appoints-makamure-new-regional-ceo/#comments Fri, 19 Oct 2018 04:28:07 +0000 http://nehandaradio.com/?p=195920 Wellington Makamure

Leading pan-African telecoms group Liquid Telecom, has appointed Mr Wellington Makamure as the new Regional CEO of Southern Africa, placing him in charge of four key markets in the region.

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