Business

Biti blasts reintroduction of ZimDollar idea

Former Finance Minister Tendai Biti has said the opposition MDC alliance will offer it’s alternative policy vision and critique of 2018 budget today. “The MDC ALLIANCE will offer its alternative policy vision and critique of the 2018 Budget at 11am, on 8 December 2017 at Harvest House 44 Nelson Mandela Avenue Harare All are welcome,” said Biti. Biti also took ...

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Kwese TV, Local content producers speak

MUTARE – Local content producers, videographers and musicians have lauded, satellite television, Kwese TV which recently began airing in Zimbabwe. A snap survey conducted by this writer in the eastern border city reveals that Kwese TV is expected to provide a platform for content creators who have been affected by piracy. Local content producer Kamo Phuti told this writer that ...

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UPDATED: 3-hour gunfight at Chihuri’s house

A rogue policeman guarding Zimbabwe Republic Police Commissioner-General Dr Augustine Chihuri’s house in Borrowdale, Harare, yesterday morning ran amok after his bid to loot property from the premises was foiled. Police sources said Dr Chihuri’s gardener saw the suspect stealing household property and alerted an officer who had come to the house for a routine inspection at around 9.45am. The ...

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Zimbabwe, China seal new $213 million deal

The People’s Republic of China yesterday extended a $153 million loan facility to Zimbabwe for the upgrade of the Robert Gabriel Mugabe International Airport, as the two countries continue to deepen their bilateral relationship. The Asian giant also announced two grants for the construction of the New Parliament Building in Mount Hampden, including the High Performance Computing Centre being constructed ...

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Infrastructure investment programme for Zimbabwe: Enter the Dragon

The role of infrastructure is crucial because it underpins development. It lays the base on which economic activities can take off from which then makes it clear that infrastructure provision is a prerequisite for economic development. It is said that infrastructure unlocks economic prospects and promotes growth. Because infrastructure drives economic development and economic growth, it is through infrastructure development ...

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$4.5m externalised

ABOUT $4.5 million is externalised monthly by informal cross-border traders through imports of various goods that are being resold locally, a survey report has shown. Given low industrial activity in the formal sector and high unemployment in the economy, thousands of people have found solace in informal trading, where they are forced to play hide and seek with authorities in ...

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Zimra gears up for festive season

THE Zimbabwe Revenue Authority (Zimra) has introduced an electronic Temporary Import Permit (e-TIP) to make it convenient for motorists when coming to Zimbabwe during the Christmas and New Year holidays. The tax authority says visitors are now able to apply for their TIP online prior to their arrival at the border post. “The Zimra e-TIP mobile app seeks to make ...

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What president Mnangagwa should do to hit the ground running to the right direction?

There’s something heroic about a President who parachutes into a country that’s facing an existential threat. While such turnarounds are never really a one-person show, it’s the head of state boldness and resolve that invariably stand out. They get the credit and the cover story. They are the ones who will put the country forward or backward. The hands of ...

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Mugabe mansion on school land

Mystery as ex-president’s daughter builds house on state property earmarked for education centre Robert Mugabe’s eldest daughter hired Chinese builders to build an opulent home on state-owned land in Harare that was originally intended for a school just months before her father was ousted from office. Bona Mugabe, 27, is building on a picturesque hillside and has created a scar ...

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Facebook: Now for young children too

How young is too young to be on social media? Strictly speaking, only those aged 13 and over are allowed to use Facebook. But the prevention methods are trivial, meaning more than 20 million under-13-year-olds are thought to be using the network. So on Monday, Facebook launched its first app tailored for young users. It’s a ringfenced network that needs ...

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