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Govt fuels gold sector chaos

Government is fuelling corruption tendencies in the gold mining sector by failing to give miners the value of their product, Finance and Economic Development deputy minister Terence Mukupe has said. BY MTHANDAZO NYONI Giving his keynote address at the CEO Africa Roundtable discussion held in Bulawayo last week, Mukupe said …

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Ecobank rolls out $150m letter of credit lines

Ecobank Zimbabwe has rolled out over $150 million worth of letters of credit lines into the Zimbabwean market in the last eight months as the bank moves to support the economy. BY BUSINESS REPORTER Ecobank Zimbabwe board chairman, Fortunate Chisango said yesterday the move was with support from its international …

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Tourism leads brand Zim campaign

At a local upmarket hotel, guests emerge with T-shirts emblazoned Zimbabwe is open for business. This is the new mantra adopted by President Emmerson Mnangagwa’s administration to lure investors after sweeping to power with military backing in November last year. By NDAMU SANDU The drive to rebrand the country has …

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Police engage money changers, taxi operators

Police in Marondera yesterday urged residents to be wary of suspected con artists transacting in fake US dollar notes and robbing local business operators known for handling large sums of money. BY JAIROS SAUNYAMA The move came after an illegal money changer in the farming town lost $750 bond notes …

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MDC Alliance partners fret over ‘weak’ candidates

THE Nelson Chamisa-led MDC-T yesterday ruled out further negotiations with its MDC Alliance partners crying foul over grabbed Local Government and parliamentary seats. BY OBEY MANAYITI MDC-T chairperson Morgen Komichi said the alliance partners must be content with the seats they got. “We want to be practical. When we say …

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