Business

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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Air Zimbabwe seeks COO

AIR Zimbabwe has moved to replace Mr Simba Chikore who resigned from his job as Chief Operations Officer (COO), recently and announced vacancies for four other senior posts. Transport and Infrastructural Development Minister, Dr Joram Gumbo, said last week that Mr Chikore tendered his resignation letter on September 1 on his own will, a year after he was appointed Chief ...

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Generals promise big things

The two former army chiefs who landed Cabinet appointments last week have promised fireworks in President Emmerson Mnangagwa’s new government. In what came as surprise appointments for many, Air Marshal Perrance Shiri of the Air Force of Zimbabwe (AFZ) and Zimbabwe National Army Major General Sibusiso Moyo were part of the 22-member Cabinet unveiled on Thursday by Mnangagwa. Shiri is ...

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Mnangagwa targets economic jumpstart

PRESIDENT Emmerson Mnangagwa has described his first 10 days in office as hectic, but expressed optimism that his Cabinet team would live up to expectations and give the country’s battered economy a much-needed jumpstart after decades of decay under his predecessor Robert Mugabe’s administration. Mnangagwa – who is still smarting from a weekend boob, where he appointed more than the ...

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‘Mnangagwa reveals support for white farmers’

On 14 January 2016 the Telegraph reported that, President Emmerson Mnangagwa, revealed the “secret” that he personally protected scores of white farmers from being driven from their land at the height of the Zanu-PF-sanctioned farm invasions. This might be good for his efforts on re-engagement with the outer world. Mr Mnangagwa told mourners at a memorial service for 74-year-old Estelle ...

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