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Tourism sector poised for growth

Leonard Ncube in Victoria Falls ZIMBABWE’S tourism sector is poised for major pickings this year going forward on the back of renewed interest shown by players in the aviation industry. Players in the tourism and hospitality industry told Business Chronicle they were upbeat the coming in of new airlines will …

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Zim in $14.2m trade surplus against SA

Business Reporter ZIMBABWE recorded $14.2 million trade surplus against its major trading partner, South Africa, after exporting goods worth $185.4 million to the neighbouring country in February compared to $171.2 million imports. Latest data from the Zimbabwe National Statistics Agency (Zimstat) show that during the period under review, the country’s …

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Mugabe’s #Zimbabwe gets busy creating ‘fiction money’

By Ed Cropley and MacDonald Dzirutwe | JOHANNESBURG/HARARE When President Robert Mugabe scrapped the Zimbabwe dollar in 2009, most of his people thought this meant the end of runaway money-printing and hyperinflation that had rendered the currency worthless. They may have been wrong. Adoption of the U.S. dollar and South …

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NetOne to revamp OneWallet

State-owned mobile operator, NetOne says it is in the processes of revamping its mobile money platform – OneWallet, as it seeks to leverage on its new partnership with the National Social Security Authority (NSSA). In December last year, NetOne and NSSA went into a partnership that sees pensioners receiving their …

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NSSA to buyout NicozDiamond minorities for $8, 5m

The National Social Security Authority (NSSA) is set to complete a plan to buy-out minorities in the country’s largest short term insurer, NicozDiamond. This comes after the pension fund increased its shareholding in NicozDiamond to 44, 9 percent as of November last year. ZSE listing rules maintain that an investor …

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Farm Downsizing Exercise Resumes

By Munyaradzi Musiiwa GOVERNMENT has resumed the farm downsizing exercise suspended in 2015 and is prioritising pieces of land that exceed the recommended maximum size or where beneficiaries have died leaving the land not fully utilised.Speaking during Zanu-PF Midlands Provincial Coordinating Committee on Development, Midlands Provincial Lands Officer Ms Kudzayi …

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Prof Moyo Statement On Command Agriculture

Photo: Jonathan Moyo/Twitter Minister Moyo Moyo rails against The Herald. OPINION This statement is pursuant to the lead story in today’s Sunday Mail headlined, “Prof Moyo benefited from Command Agric.” In the afternoon of Friday 24 March 2017, I had a chance encounter at State House with Vice President Emmerson …

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Pair Swipes Firm Out of $100 000

By Anesu Chakabva TWO Curechem Overseas (Private) Limited employees made people use the company’s Point Of Sale Machines without buying anything and charged them a five percent fee prejudicing their employer about $100 000. Perlagia Chinyemba (25) and Kelvin Chisera (32) appeared before Harare magistrate Mrs Barbra Chimboza on Friday …

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