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RBZ puts 18pc cap on interest rates

Dr MangudyaGolden Sibanda Senior Business Reporter The Reserve Bank of Zimbabwe has reached an agreement with banks to cap interest rates at 18 percent as part of measures to reduce the prohibitive...

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Cabinet approves Labour Act reform as Government moves to end wave of job...

Lloyd Gumbo Senior Reporter Cabinet has approved proposed amendments to the Labour Act that are expected to protect both employers and employees. The amendments have been triggered by massive job cuts...

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Cecil saga: Facilitator ropes in advocate

Bulawayo Bureau Professional hunter, Theodro Bronkhorst, who allegedly facilitated the killing of iconic lion, Cecil, has roped in an advocate into his defence team after his lawyer, Givemore...

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More illegal houses demolished in the city

Cde Shadreck MashayamombeHerald Reporters HUNDREDS of houses were yesterday destroyed by the Sheriff of the High Court at an area known as Mokum in Harare South after owners of the land on which the...

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Landmark ruling on elections

Temba MliswaDaniel Nemukuyu Senior Court Reporter Electoral Court judge Justice Chinembiri Bhunu has ruled that a registered voter can lawfully stand as a candidate in a National Assembly election even...

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Funds for major projects unveiled

President Mugabe welcomes Chinese Ambassador to Zimbabwe Mr Lin Lin, Vice chairman of China International Cooperation Association of Small and Medium Enterprises Mr Dong Songgen and researcher,...

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President speaks on appointments

President Mugabe stresses a point while addressing the zanu-pf Central Committee at the party headquarters in Harare yesterdayTendai Mugabe Senior Reporter— Cabinet ministers and senior Zanu-PF...

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ZBC fires top executives

Happison MuchechetereNyemudzai Kakore Herald Reporter— The Zimbabwe Broadcasting Corporation (ZBC) has, with immediate effect, dismissed suspended chief executive Mr Happison Muchechetere, general...

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Chinese mega projects to be launched by December

Cde MutsvangwaLloyd Gumbo Senior Reporter— All the multi-billion dollar projects that Chinese investors have accepted to fund in Zimbabwe will be launched by December this year. President Mugabe signed...

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GMB to pay out $15m to farmers

Dr MadeFelex Share Senior Reporter GOVERNMENT has released $15 million to the Grain Marketing Board for payment to farmers who delivered their grain to the national granary.The development will enable...

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ZNLWVA elects new leadership

Herald Reporter The Zimbabwe National Liberation War Veterans’ Association held elections over the weekend that ushered in new leadership in all the country’s 10 provinces.According to names released...

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LIVE UPDATES: HEROES DAY COMMEMORATIONS BLOG

By Lloyd Gumbo and Costa Mano1312: The proceedings have ended and with that we conclude our updates. 1309: The National Anthem is now being played.1254: President Mugabe is now leading the procession...

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Nation remembers

Thousands of people who gathered for Heroes Day commemorations that were presided over by President Mugabe at the National Heroes Acre yesterday.Herald Reporters Heroes Day celebrations yesterday drew...

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Turkey keen to invest in Zim

Herald Reporter Turkish businesses are keen to invest in the Zimbabwean economy, particularly in agriculture.This was confirmed by Turkish ambassador to Zimbabwe Mr Kadir Hidayet Eris in an interview...

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Britain to return heroes’ skulls

President MugabeLloyd Gumbo Senior Reporter President Mugabe has castigated Britain for displaying skulls of some of Zimbabwe’s heroes and heroines from the First Chimurenga in their museums as symbols...

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Batoka power plant to generate 2 400MW

Dr UndengeGeorge Maponga in Masvingo Feasibility studies on the construction of the $3 billion Batoka Hydro Power plant on the Zambezi River by Zimbabwe and Zambia have shown that the project will...

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Cosatu salutes Zanu-PF, Frelimo

Herald Reporter South Africa’s labour body, the Congress of South African Trade Unions (Cosatu), has praised Zanu-PF for steering the country in the right direction despite an onslaught from the United...

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Safeguard natural resources: President

President MugabePresident Mugabe’s speech on the occasion of Zimbabwe’s National Heroes Day celebrations at the National Heroes Acre in Harare yesterday. I WANT to begin by expressing my gratitude and...

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LIVE UPDATES: DEFENCE FORCES DAY BLOG

 By Lloyd Gumbo and Costa Mano 1319: Other dignitaries are also leaving the NSS and with that we end our updates1317: President Mugabe and First Lady Dr Grace Mugabe is now leaving the NSS.1312: While...

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Home-seekers lose nearly $1m

Herald Reporter Two Zanu-PF-linked housing cooperatives in Harare have fleeced over 500 home-seekers of nearly $1 million, an audit commissioned by the revolutionary party has revealed.The two housing...

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