Edgars appoints new CEO

Business Reporter Listed clothing retailer, Edgars Stores Limited, has appointed Tjeludo Ndlovu as its chief executive officer effective July 1, 2020. A chartered accountant, Ms Ndlovu joined Edgars eight years…

Saudi Arabia cancels beIN Sports licence

DUBAI. — Saudi Arabia’s General Authority for Competition (GAC) said on Tuesday it had permanently cancelled the licence of Qatari broadcaster beIN Sports, which has been barred from broadcasting in…

Pricing is more than following the rate

Foreign exchange markets appear to be stabilising, at least by recent Zimbabwean standards, and this stability is in both the auction market, where the rate is rising slightly each week,…

Jet deal bargain of the century

A lot has been made about Foschini Group (TFG Limited’s) rather public about-turn in its acquisition of (most of) Jet out of the business rescue process of Edcon. It has…

What does the US election mean for markets?

It’s a presidential election year in the United States and that means primaries and caucuses, national conventions and heated debates. The markets will be treated to all manner of theatrics…

New mines to drive middle class vision

Prosper Ndlovu and Nduduzo Tshuma in HWANGE President Mnangagwa is convinced the vision of an upper middle income economy was still possible by 2030, and noted that new mining investments…

Low-income earners exempted from paying tax

Tawanda Musarurwa Herald Reporter People earning under $5 000 a month will no longer pay income tax from next month after Finance and Economic Development Minister Professor Mthuli Ncube yesterday…

Corruption: Top cop, senior prosecutor in court

Crime Reporter Deputy director for the police CID commercial crimes unit Assistant Commissioner Obeylaw Moyo and chief public prosecutor Clement Chimbare have been arrested on abuse of office and bribery…

What an amazing week

Robson Sharuko Senior Sports Editor A DEBUT Premiership goal for Reiss Nelson, an historic podium place for Stephanie Travers and a recall into the England Test team for Sam Curran.…

Council hikes maternity fees 14-fold

Blessings Chidakwa Municipal Correspondent Harare City Council has announced a 14-fold increase in clinic and maternity fees, a move that is raising opposition as the charges will now vary directly…

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