Business

By Nkosana Dlamini Finance Minister Patrick Chinamasa says shock revelations linking Chinese nationals among those heavily involved in illicit financial dealings in the country will not lead to any strained relations between Harare and Beijing. He was speaking from China in a telephone interview with NewZimbabwe.com on Tuesday following the …

By Paidamoyo Chipunza Striking junior doctors have turned down Government’s offer to increase their on call allowances by 50 percent, calling for further engagement. In a statement issued yesterday in response to Government’s offer on Monday, the Zimbabwe Hospital Doctors’ Association (ZHDA) said only dialogue could end the impasse between …

Education sector workers have resolved to down tools at the beginning of the second term until government meets their demands for salaries above the Poverty Datum Line and other benefits. Seven education sector unions met in Harare Monday where they agreed on the demonstration at the opening of the second …

Zimbabwe’s junior doctors have vowed to persist with their strike action in defiance of a Monday government directive to resume their duties. Junior doctors downed tools at beginning of the month to press for a review of their allowances and better working conditions. The impasse with their employer has crippled …

By Marcus Mushonga Harare — Research by human rights groups has established abusive practices such as child labour and exposure to nicotine poisoning in the production of Zimbabwe’s globally-renowned tobacco. The damning findings by Human Rights Watch (HRW), disclosed ahead of the resumption of the selling season at the auction …

China dragged its feet on implementing former President Robert Mugabe’s “mega-deals” because of a poisoned business environment, Beijing’s envoy to Harare has said. Chinese Embassy to Zimbabwe Counselor Zhao Boagang told journalists at a media briefing that President Emmerson Mnangagwa’s government has made “encouraging” changes that have shifted the business …

A Chiredzi-based German farmer has been saved from eviction after a High Court judge ruled that the land in dispute was not for acquisition as it was protected under the Bilateral Investment Protection and Agreement (BIPPA). The 80 hectares farm, Chiredzi Wildlife Investments, is owned by Jeffrey Howard Sommer, a …

President Mnangagwa yesterday lived up to his promise to name and shame unrepentant individuals and companies that externalised funds. We salute him for walking the talk, a development that has boosted investor confidence in his administration. The President released a list comprising of 1 844 externalisers responsible for keeping $827 …

By Livingstone Marufu FBC Holdings is targeting to build houses for teachers in 72 districts in a bid to strengthen partnerships with Government in delivering decent housing to teaching professionals while unlocking untapped markets. The bank will provide loans to teachers at an interest rate of less than 15 percent …

Rwanda has made immense economic progress in the last 20 years despite its limited size, dark economic and political background and lack of natural resources. Its success story can be replicated in Zimbabwe with ease if political stability is backed by consistent economic, Rwanda is a small and landlocked country …