JUST IN: High Court quashes MDC Alliance demo bid
MDC-Alliance’s High Court bid to quash a police order prohibiting their planned demonstrations, hit a brick wall after a judge threw out the urgent chamber application.
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- businessweekly
- August 16, 2019
- 68 views
Humps ahead as Zim targets finance centre
Finance and Economic Development Minister Mthuli Ncube says Zimbabwe is “very serious” about establishing an Offshore Financial Centre (OFC) in the country, but analysts say given the country’s handling of foreign investments in the past few years the intention might as well be over ambitious, at least for now.
- businessweekly
- August 16, 2019
- 94 views
US$500m for sugar plantations sought
Zimbabwe needs US$500 million investment to develop new sugar cane plantations after creating additional irrigation capacity following the completion of the Tugwi Mukosi Dam in 2017, which has capacity to put 25 000 hectares under irrigation.
- businessweekly
- August 16, 2019
- 130 views
Insurance, pensions players want rethink on prescribed assets
Zimbabwe’s insurance and pensions industry want a broad re-consideration of the requirements in investing in prescribed assets in view of emerging risks from recent currency reforms and an inflationary operating environment.
Chronicle Editor
- Chronicle
- August 16, 2019
- 42 views
EDITORIAL COMMENT: Zimbabweans must ignore MDC-A calls for anarchy
TODAY is the day for peace-loving and patriotic Zimbabweans to shame merchants of violence by ignoring calls for violent demonstrations by the Mr Nelson Chamisa-led MDC Alliance whose agenda is…
- Chronicle
- August 16, 2019
- 64 views
Budget gets Parliament’s thumbs up
Harare Bureau FINANCE Minister Professor Mthuli Ncube’s Finance Bill and $10,62 billion Supplementary Budget as well as measures proposed in the mid-term budget to boost production and revenue inflows sailed…
- businessweekly
- August 16, 2019
- 63 views
Reforms to pay medium, long term dividends
ONGOING economic reforms will pay dividends in the medium to long term, says leading global economic research firm Fitch Solutions, as the measures being implemented take time to take root.
- Chronicle
- August 16, 2019
- 46 views
ZIFA out! . . . SRC call for removal of entire board
Sikhumbuzo Moyo, Senior Sports Reporter THE Sports and Recreation Commission (SRC) has formally called for the removal from office of the entire Zifa executive committee led by its president Felton Kamambo…
- businessweekly
- August 16, 2019
- 66 views
ICAZ takes energy challenges to SA
Energy development will take centre stage at the Chartered Accountants of Zimbabwe (ICAZ) Winter School in South Africa as the country seeks investments and sustainable solutions to the obtaining power challenges that are bedevilling the economy.
- businessweekly
- August 16, 2019
- 76 views
ZSE investors lose US$2bn in under two months. . . value of Zim’s biggest firms now at 10-year low
In just over a month since Zimbabwe dropped the multi-currency system, investors on the Zimbabwe Stock Exchange have lost over US$2 billion, and brokers say the market is now at its lowest value since 2009.