Business

Zimra online system collapses

CLEARANCE of goods at the country’s border posts has reportedly been at a standstill since Friday following a technical hitch with the customs and excise department’s automated system, also known as Asycuda. Scores of trucks were stuck at Beitbridge and other ports as shipping agents resorted to manual clearance of goods. Zimbabwe Revenue Authority (Zimra) spokesperson Canisio Mudzimu confirmed the ...

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320 jobs created in Maphisa

ABOUT 320 jobs have been created at the Agricultural and Rural Development Authority (Arda) Antelope Estate in Maphisa, Matobo District, alone through revitalised agricultural production, Acting President Emmerson Mnangagwa has said. More jobs are set to be created along the value chain when the establishment of a $750 million processing plant in the area is completed. Speaking to journalists during ...

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Zimra surpasses July revenue target by 11%

The Zimbabwe Revenue Authority (Zimra) continues to enjoy the benefits of various initiatives it has been implementing to increase revenue collection with gross collection for July surpassing the $286,49 million target by 11 percent. Gross collections for July were $302,86 million, while net collections – after deducting $16,37 million refunds – were $286,49 million representing a 6,34 percent above target. ...

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Zesa pays $8 million to Eskom to avoid load shedding

Zimbabwe has paid $8 million to Eskom of South Africa and Hydro Cahora Bassa (HCB) of Mozambique to avoid losing 350 megawatts as the country battles to liquidate arrears amounting to over $50 million. Eskom had threatened to switch off Zesa Holdings beginning yesterday. Zesa Holdings, Ministry of Energy and Power Development and Reserve Bank officials yesterday met Eskom management ...

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Mines portfolio chair accused of receiving bribes

Norton representative Mr Temba Mliswa yesterday accused chairman of the Portfolio Committee on Mines and Energy Daniel Shumba of receiving bribes from Sakunda Holdings chief executive officer Kudakwashe Tagwirei to block the committee from carrying out investigations on the Dema Diesel Power Plant. Mr Mliswa raised the allegations in the National Assembly yesterday. “He is a one man band despite ...

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Miss Tourism Zimbabwe on fastjet’s new Places Magazine cover

HARARE – fastjet’s reimagined inflight magazine Places this month features Miss Tourism Zimbabwe 2016 Ashley Morgen on the cover. Dressed by celebrated South African designer Khosi Nkosi and photographed by Angie Lazaro on the mighty Zambezi river at Matetsi Private Game Lodge. Following two beta-issues, the August 2017 edition of fastjet’sPlaces Magazine marks the transition from Smart Travel to a ...

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Inyathi hospital hires builders from Harare, ignores jobless locals

There is a potential explosive matter in Bubi district where villagers have complained over the importation of labour into the district while thousands of local youth are unemployed. This was revealed by Mthwakazi Republic party following its visit to the area recently. “There is yet another development in Inyathi in Bubi district that might be a potential explosive following the ...

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Chinamasa in nepotism storm

FINANCE minister Patrick Chinamasa finds himself in a nepotism storm after he was accused of abusing his office to divert reforestation funds from the Forestry Commission to the Tobacco Industry Marketing Board (TIMB), which is chaired by his wife, Monica. Forestry Commission acting general manager, Abednico Marufu made the disclosure when he appeared in Parliament yesterday, where he accused Chinamasa ...

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NRZ has 60 functional locomotives, unpaid salary bill at $90m

  HARARE, July 14 (The Source) – Struggling state-owned National Railways of Zimbabwe (NRZ) only has 60 operational locomotives, some as old as 50 years and owes its workers $90 million in unpaid salaries, according to a Parliamentary Portfolio Committee report. NRZ has a fleet of 166 locomotives. “These average between 33 and 50 years old whereas a locomotive has ...

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Econet embarks on data network upgrade

ECONET Wireless Zimbabwe will upgrade its existing 2G sites countrywide to 3G by the end of the year, as part of a huge data network advancement the company is carrying out. In a statement last week, Econet Wireless Zimbabwe announced a major data network upgrade that will see the mobile network market leader achieve 100% 3G coverage across the country ...

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