HARARE, December 7 (The Source) – Finance minister, Patrick Chinamasa on Thursday presented the 2018 National Budget in Parliament. Here are some key allocations.
HARARE, December 7 (The Source) – Welcome to our coverage of Zimbabwe’s first budget presentation in the post-Robert Mugabe era, and it promises to be a humdinger. Its two weeks since Emmerson Mnangagwa was sworn-in as president to complete a remarkable turn of fortunes after… Read More
HARARE, December 6 (The Source) – Finance minister Patrick Chinamasa says the country’s 2018 budget, which will be presented on Thursday, will send a clear message to the world that Zimbabwe is open for business.
HARARE, December 6 (The Source) – Stalap nominated directors Douglas Mamvura and Ephraim Chawoneka resigned from CFI Holdings board on Tuesday night ahead the agro-industrial group’s extraordinary general meeting (EGM) called to dismiss them.
HARARE, December 6 (The Source) – Innscor Africa says its units had a mixed performance during the first quarter, with revenue falling marginally compared to same period last year, but gross margins were higher.
HARARE, December 5 (The Source) – CFI Holdings acting executive Timothy Nyika has thrown in the towel as the fight for control of the agroindustrial group between major shareholders intensifies.
HARARE, December 5 (The Source) – Netherlands-based Vivo Energy Holdings is set to acquire a controlling stake in Engen Holdings through a share swap deal targeting operations in Zimbabwe and several countries in the region.
By Steve H. Hanke, Emmerson Mnangagwa, the new president of Zimbabwe, will have a hard time digging his country out of the economic hole that it fell into during the 37 years it was led by Robert Mugabe. But it can be done.
HARARE, December 4 (The Source) – Zimbabwe’s new President Emmerson Mnangagwa on Monday swore in his 22-member Cabinet, saying he has confidence in its ability to deliver and turnaround the economy.
By Hannah Ryder, BEIJING – Ask anyone with a basic knowledge of Africa which country is more poised for success – Zimbabwe or Kenya – and he or she will undoubtedly answer “Kenya.” Events of the last week would seem to confirm that verdict. On… Read More
HARARE, December 4 (The Source) – The Zimbabwe Stock Exchange’s main industrial index dropped 27,82 percent in November to 376,69 points following a politically induced self correction phase, but doubts over the new Cabinet’s ability to deliver has seen a bouncing back of sorts in… Read More
HARARE, December 1 (The Source) – The National Social Security Authority (NSSA) has approved a bonus payment for all pensioners citing an improved performance and growth in income.
HARARE, December 1 (The Source) – That President Emmerson Mnangagwa’s first Cabinet was going to have some cronyism was expected. Loyalty points were always going to be handed out to the military and to party allies.
By Stanley Kwenda, LONDON, December 1 (The Source) – On 15 November President Robert Mugabe tendered his resignation letter to the Speaker of Parliament. The resignation was greeted with euphoria which continued until the new President Emmerson Mnangagwa was sworn into office.
HARARE, December 1 (The Source) – Zimbabwe’s President Emmerson Mnangagwa has named a new Cabinet, seen as rewarding top military officials who played a crucial role in his rise to the top but retained much of the old guard from the Robert Mugabe era, which… Read More