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Breaking news

Govt in bonus strain

CIVIL service bonuses, which created a storm when President Robert Mugabe last year rejected moves by Finance and Economic Development Minister Patrick Chinamasa to scrap them, could this year throw government into a financial quandary. (more…)

Mugabe saves PepsiCo deal

  AMERICAN  multi-national food, snack and beverage corporation, PepsiCo, is to open a multi-million dollar plant in Zimbabwe following the intervention of President Robert Mugabe during his recent trip to India, the Financial Gazette’s Companies & Markets has established. (more…)

Indigenisation is for blacks only: Zhuwao

KADOMA — Combative Youth, Indigenisation and Economic Empowerment Minister, Patrick Zhuwao, says the country’s indigenisation law is a piece of legislation based on race, which law specifically seeks to benefit black Zimbabweans at the expense of whites, whom he said were previously “over-advantaged.” (more…)

Zesa engineers go AWOL

A TEAM of ZESA engineers from Chegutu town has gone “AWOL”. A week ago the engineers dutifully attended to a fault at Chimbiya business centre more than 150km west of Harare in Mhondoro-Mubaira, where wooden poles hoisting a transformer were sagging. (more…)