All posts by: BBA Press

Zimbabwe – UK relations move to another level

by in zimbabweNews

BRITAIN is keen to assist Zimbabwe to identify resources to compensate former white commercial farmers who lost farms during the land reform programme, an issue that triggered the stand-off between Harare and London at the turn of the millennium. This emerged during a meeting between Foreign Affairs and International Trade Minister Retired Lieutenant-General Dr Sibusiso […]

‘Why EDiots say EDenezer’ – Business Daily News Zimbabwe

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PRESIDENT Emmerson Mnangagwa is best placed to solve Zimbabwe’s problems as he has institutional knowledge and experience to bridge the present and the past for a brighter future, Foreign Affairs and International Trade Minister Lieutenant-General (Rtd) Dr Sibusiso Moyo said here yesterday. Fielding questions at the Royal Institute of International Affairs (commonly referred to as […]

Econet under fire over business deal

by in zimbabweNews

The Postal and Telecommunications Regulatory Authority (Potraz) has received a complaint against Econet Wireless Zimbabwe over allegations of possible unauthorised use of another company’s interlectual property. The complaint comes from M Comm Africa Limited who have already gone to court. The allegations stem from a pitch for a security product, “Panic Button” made to Econet […]

Zimbabwe import bill narrows – Business Daily News Zimbabwe

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The country’s import bill has narrowed by 14,5 percent to US$453 million since January from the same period last year, on the back of a 15,7 percent growth in exports to US$754 million, driven mainly by minerals and tobacco. The influx of foreign goods into the country continues as data from ZIMSTAT indicate a US$1,1 […]

Small scale gold miners produce 4.2 tonnes in Q1

by in zimbabweNews

Small scale gold miners have produced 4,2 tonnes of the yellow metal in the first quarter of this year, giving a positive projection that their target of 35 tonnes can be realised. Small scale gold miners who are in the process of transforming their operations from the hammer and chisel style to mechanised establishments with […]

ZSE market capitalisation reach $9.1 billion

by in zimbabweNews

The total value of shares on the Zimbabwe Stock Exchange (ZSE) has reached $9,1 billion on the back of renewed confidence by investors to purchase shares on locally listed counters. Despite the overall mixed investor sentiment on the ZSE, investors are renewing their options to invest funds on the market. ZSE data released after the […]

Vic Falls drops case against former director

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THE Victoria Falls Municipality (VFM) has withdrawn a case against its former Housing and Community Services director Mr Lot Syatimbula it wanted evicted from the council house as the parties have agreed to settle the matter out of court. Mr Syatimbula was fired by the local authority last year after he allocated his nephew a […]

Joy for Zimbabwe civil servants

by in zimbabweNews

Mrs Cecilia Alexander Apex Council chairperson Mrs Cecelia Alexander represented civil servants at the National Joint Negotiating Council (NJNC) meeting in Harare last Friday. Cabinet has approved principles to the amendment of the Public Service Act as Government steps up efforts to give civil servants the right to collective bargaining as enshrined in the Constitution. […]

IMF reviews Zimbabwe’s economic growth rate

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The International Monetary Fund has reviewed Zimbabwe’s economic growth rate for this year and sees growth picking up next year as the country moves away from the difficult period it has been going through over the years. The IMF has revised its growth forecast for the country to 2.4 percent this year, from an earlier […]