National Indigenisation and Economic Empowerment Board

PARLIAMENT is ratcheting up pressure on ZANU-PF’s firebrand political commissar, Saviour Kasukuwere, over his role in empowerment deals that he sanctioned some years back while he was minister of youth, indigenisation and economic…
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A high stakes political game has exploded in ZANU-PF whereby cadres loyal to one of the factions vying to succeed President Robert Mugabe in the event that he vacates office are pushing to have national political commissar Saviour…
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The cash-strapped government is pumping out huge sums of money to prop ailing parastatals, including the troubled National Railways of Zimbabwe and the collapsed Redcliff-based integrated steelmaker, Ziscosteel (Zisco), the Financial…
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HARARE - In what appears to be a stampede by the business community to buy into Zanu PF patronage, Vice president Emmerson Mnangagwa’s necktie was auctioned at an astronomical figure of US$30 500 at a fundraising function by the Zimbabwe…
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MARANGE - For many villagers in Marange, a village 90 kilometers South-west of Mutare in Zimbabwe, poverty seems to rule the roost despite the much talked-about Zimunya-Marange Community Share Ownership Trust, as ordinary people in this…
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The controversial indigenisation regulations, which say foreign investors should cede 51 percent of their businesses to locals, could soon claim a victim after a leading Bulawayo fast food outlet was given seven days to comply with the law.
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The purchase of Zuva Petroleum assets by a company owned by John Mushayavanhu has torched off controversy over allegations the banker could be fronting for a British-based commodities firm, Glencore Holdings.
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Foreign business owners, operating in sectors that are reserved for so-called indigenous Zimbabweans, are reported to be in a panic and confused as the government-announced deadline approaches for them to shut down, comply, or risk…
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Police have launched investigations into the US$6 million corruption allegations being levelled against former Zimbabwe Mining Development Corporation board chairman Mr Godwills Masimirembwa.
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While fielding questions from journalists at a press conference soon after cabinet’s swearing in on Wednesday, President Robert Mugabe deliberately avoided answering a direct question on whether his government would revise the controversial…
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