Al-Shaabab commander killed
MOGADISHU. – The United States yesterday confirmed that Al-Shabaab senior terrorist Ali Mohamed Hussein alias Ali Jabal was killed in drone strikes by American and Somalia security forces in southern…
LATEST: President Mugabe arrives in Iran
From Mabasa Sasa in TEHRAN, Iran PRESIDENT Mugabe this morning landed at Tehran International Airport ahead of an inauguration ceremony for his Iranian colleague, President Hassan Rouhani. Zimbabwe’s Head of…
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- businessweekly
- August 4, 2017
- 1231 views
Makamba exits Telecel….Manyere, top lawyer buys him out…..Govt said to be offering $26m for the stake
Martin Kadzere Self-exiled businessman James Makamba (right) has sold his stake in Empowerment Corporation, a 40 percent shareholder in Telecel Zimbabwe to a local consortium for an undisclosed amount.
- businessweekly
- August 4, 2017
- 558 views
Government wants Telecel stake for original empowerment groups
Conrad Mwanawashe Information Communication Technology, Postal and Courier Services Minister Supa Mandiwanzira says Government wants the 40 percent Telecel Zimbabwe stake held by the Empowerment Corporation to benefit shareholders and…
- businessweekly
- August 4, 2017
- 810 views
More Zimra bosses under investigations
Africa Moyo About six top Zimbabwe Revenue Authority (Zimra) managers are currently under the microscope as the taxman intensifies lifestyle audits to weed out corrupt elements in its systems.
- businessweekly
- August 4, 2017
- 689 views
Zimra loses millions to car smugglers
Taurai Mangudhla A syndicate of car importers is prejudicing the country of millions in potential tax revenues through the smuggling of vehicles using various intricate methods, which include registering as…
- businessweekly
- August 4, 2017
- 597 views
‘TBs enhance diversity of CBZ balance sheet’
Enacy Mapakame Zimbabwe’s largest banking group by deposits and assets, CBZ Holdings, says Treasury Bills have now become a significant part of the banking sector and have in particular contributed…
- businessweekly
- August 4, 2017
- 446 views
Zim requires $12bn for power deficit
Golden Sibanda in VICTORIA FALLS Zimbabwe requires about $12 billion to resolve its power deficit and meet future needs of a vibrant industry and economy with a quarter of the…
- businessweekly
- August 4, 2017
- 496 views
Zim still needs an IMF-backed economic programme
Brendrick Wamambo The mid-term Monetary Policy Statement presented on Wednesday gives a good picture of recent economic developments. There is more disclosure on the stock of Treasury Bills, the worsening…
- businessweekly
- August 4, 2017
- 942 views
‘Restructure, co-ordinate and produce’
Tinashe Nyamunda Many reports on the Monetary Policy Statement (MPS) are largely focusing on monetary expansion through the printing of a further $300 million bond dollar (or bollars). This injection…