Business

Mercy Murewa could not hold back her tears when her name was announced as the winner of the vehicle
Business / Courts / News

Telecel sued US$340 000 for ‘stolen idea’

A Harare businessman has filed a High Court application seeking an order barring Telecel Zimbabwe from running the popular Mega Promotion on the basis that it was a “stolen idea”. Mr Peterson Tengende operates an information technology firm.

Tony Mliswa
Business / News

Zimbabwean films on UK satellite channel

LONDON – Thousands of Zimbabweans based in the UK will now be able to watch films from Zimbabwe on Sky TV (channel 232) courtesy of a deal between Klear TV and Zollywood who promote and distribute Zimbabwean films.

Stock exchange rebounds after govt u-turn
Business / News / Politics

Stock exchange rebounds after govt u-turn

The Zimbabwe Stock Exchange (ZSE) last week ended its losing streak as trades rebounded across the board from Wednesday following reports that government would relax its empowerment policies to improve the investment climate.

Energy Minister Elton Mangoma
Business / News

Mangoma statement on power generation

In view of the current challenges besetting the efficient supply of power nationwide and the need to enhance the financial position of the electricity utilities, the Ministry of Energy and Power Development has come up with a number strategies.

Egypt Air to resume Harare flights
Business / News

Egypt Air to resume Harare flights

EGYPT AIR returns to Harare skies on June 1 after a nine-year absence. The airline will fly four times a week between Harare and Cairo via Dar es Salaam, using a Boeing 737-900. The Egyptian Ambassador to Zimbabwe said he was happy the relaunch was now “a reality”.

Meet Chiyangwa’s ‘Kardashian’ daughters
Business / News

Meet Chiyangwa’s ‘Kardashian’ daughters

If you think United States celebrities, the Kardashian girls, are trendsetting, innovative and creative, think again because business mogul Philip Chiyangwa’s daughters, Vanessa and Michelle, are the definition of class, both sassy with brains.

Econet scoops ZITF best display award
Business / News

Econet scoops ZITF best display award

BULAWAYO – Econet Wireless yesterday scooped the 2013 Zimbabwe International Trade Fair (ZITF) best overall Zimbabwean display award. The mobile phone company received the President’s award and the ZITF gold medal.

Kalaa Mpinga
Business / News

Zimbabwe unlikely to seize mine stakes: Mwana CEO

HARARE – Fears that Zimbabwe’s government will strip foreign mines of half their assets without compensation are unfounded, according to Kalaa Mpinga, chief executive of Mwana (MWA.L), which has gold and nickel operations there.

US embassy statement on lifting of sanctions on two Zimbabwe banks
Business / News

US embassy statement on lifting of sanctions on two Zimbabwe banks

Our policies reflect a continuing commitment to help the people of Zimbabwe restore the stable, peaceful, democratic country they rightly deserve and seek to support democratic institutions, rule of law, and human rights in Zimbabwe.

President Robert Mugabe says Indigenisation minister Saviour Kasukuwere “got it wrong”
Business / News / Politics

Unpaid seizure of foreign firms looms

The ZANU PF led empowerment ministry is planning to legalise the unpaid takeover of foreign owned companies in Zimbabwe, in the latest twist in the indigenisation campaign.

Bekithemba Mhlanga
Business / Opinion

ZITF an albatross around Bulawayo’s neck

The 54th edition of the Zimbabwe International Trade Fair opens in Bulawayo in the next few days. With it will come the expected fun. Quick maths shows that it has been on the roll since 1959. For a week youngsters will flock to the show – have their first taste of alcohol.

Woman sues Telecel for privacy intrusion
Business / Courts / News

Woman sues Telecel for privacy intrusion

A Harare woman is suing mobile cellular company Telecel Zimbabwe for US$50 000 in damages for alleged wrongful intrusion of privacy after she was called by people she did not want to communicate with for personal reasons.

The Zimbabwean Dollar, left, made up of various denominations held with a twenty South African Rand note, right, in Harare, Zimbabwe.
Business / News

Dealers hail Zimbabwe Dollar’s demise

HARARE – Benson Mahenya makes as much as $10,000 a month as he drives around Harare in a white Mercedes- Benz dealing in the five currencies that Zimbabwe recognizes as legal tender.

Barclays head to address Zim Achievers Awards
Business / News

Barclays head to address Zim Achievers Awards

BARCLAYS Bank Zimbabwe Limited Managing Director, George Guvamatanga, will be the keynote speaker at the annual Zimbabwe Achievers Awards (ZAA) ceremony to be held on Saturday 20th April at the Millennium Gloucester Hotel in South Kensington, London.

KLM will fly to Harare on Mondays, Thursdays and Saturdays, departing from Schiphol at 10.20am and arriving on the same day at 9.25pm
Business / News

KLM to sponsor Zimbabwe Achievers Awards

LONDON – For the first time, KLM Royal Dutch Airlines will be sponsoring the Zimbabwe Achievers Awards (ZAA) in the UK, which are taking place in London on 20th April, 2013. The awards will be held at the Millenium Gloucester Hotel, Kensington, in London.