Masvingo passes US$15,2 m budget

From George Maponga in Masvingo
Masvingo City Council has passed a US$15, 2 million budget for next year in which rates and tariffs in the country’s oldest town remain unchanged.
Council last week passed the largely unchanged budget with the only addition being a US$4 per month sewerage levy per household that will be

Residents seeks govt protection

Herald Reporter
Harare residents who are building their houses on land acquired through the land reform programme are appealing to Government for protection from greedy business people that are claiming land everywhere for commercial purposes. This comes after more than 200 residents had their

Bilateral trade agreements

Zimbabwe has bilateral trade agreements with several countries in which all qualifying goods enter the territory of one another without payment of customs duty. This article will focus on the following:

Middle income properties dominate market

Vengai Madzima Property Guide
THE middle income property market in Harare has the most diverse absorption rate owing to the huge demand for property in this area. Most investors prefer this market as it sometimes offer land and serenity that is found in more expensive residential areas of the city at a cheaper

The US$10 billion economy mentality

Shelter Chieza Change Management
AS we draw towards the end of the year, companies take time to reflect on achievements and losses. For some, it is probably part of the most unsettling time of the year where you look back to count the losses rather than the gains.  Each individual, who is part of the structure of the

How to generate a 97pc success rate

Zachary Aldwin Milkshake in the Boardroom
I CAME across a statistic this week that showed that 97 percent of women would swoon if their boyfriend gave them a mixtape (a personal collection of meaningful music). My second thought (the first being to see if it actually works) was to ask what if 97 percent of your clients had a

Why the economy will respond to US elections

Takunda Mugaga Economic Agenda
There is a common belief that whenever the US holds elections, the whole world stands still. With the readjustment of the world financial system and the emergence of BRICS, (Brazil, Russia, India, China and South Africa), the greenback is facing a serious threat with this coming super

MedTech closes Bulawayo plant

Kudzai Kureva Business Reporter
LISTED pharmaceutical concern MedTech Holdings Limited has closed its drug manufacturing plant in Bulawayo citing poor demand and plans to sell the factory, the company said in a statement yesterday. MedTech management had advised shareholders earlier that production at the Zimbabwe

Touts granted bail pending appeal

Tendai Rupapa Court Reporter
The 49 touts, who were jailed three-months each for breaching the country’s road motor transport laws, have been granted bail pending appeal.
Harare magistrate Mr Donald Ndirowei convicted all the 49 for touting under Section 40 of the Road Motor Transportation Act, after they pleaded guilty

2 sex workers get 1month for assault

Court Reporter
TWO Chitungwiza self-confessed commercial sex workers who beat up a patron at a bar for asking for his change after buying one of them beer, were jailed one month each. Nyasha Magadu (24) and her friend Netsai Vengesai (27), both of St Mary’s, had admitted to one count of assault and denied

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