adminMayweather settles for $32 million payout
LAS VEGAS. — Floyd Mayweather is expected to earn $32 million from his fight against Andre Berto. After making more than $200 million from “the fight of the century” against Manny…
Renewal Team in low-key start
Zvamaida Murwira and Talent Chimutambwi—- POOR turnout characterised the MDC Renewal congress that started yesterday with a small number of delegates, members of the civic society and diplomats accredited to…
Rental defaulters to lose land
Bulawayo Bureau— FARMERS who default on paying quarterly land rentals for nine months will have their offer letters withdrawn, according to proposals contained in the new Finance Bill. Defaulters will also…
President appoints 14 new ministers
Hebert Zharare and Innocent Ruwende— President Mugabe has appointed 14 new ministers, who are expected to take the oath of office at a ceremony to be held at State House…
ZAMCO takes up $188m bad loans
Business Reporter— Banks have so far offered $188 million worth of NPLs for takeover by the Zimbabwe Asset Management Company while a further $68 million NPLs from loans taken by…
‘Mobilise around common economic vision’
Business Reporter ZIMBABWEANS should mobilise around a common vision and draw lessons from the execution of the liberation war which successfully brought economic emancipation. Labour and Economic Development Research Institute of…
‘Lack of chain cohesiveness threatens cotton sector’
Tinashe Makichi and Munesu Nyakudya The Common Market for East and Southern Africa has pointed out lack of chain cohesiveness in Zimbabwe’s cotton sector as a threat to the achievement…
Ruling on RBZ triggers confusion
Jeffrey Gogo Business Correspondent A recent High Court ruling insulating the Reserve Bank of Zimbabwe (RBZ) from property attachment lawsuits will likely leave many potential capital equipment lenders, or any…
NetOne completes $40m equipment installation
Business Reporter NETONE, a mobile telecommunications company owned by the Government has completed installation of network equipment worth over $40 million, as it seeks to strengthen its position against local…
ZSE mulls bond market comeback
Business Reporter ZIMBABWE can tap into offshore funds invested by pension funds since 2011 if the proposed re-launch of the debt market is finalised. The Zimbabwe Stock Exchange believes the time…