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1 month ago | 
theindependent.co.zw | Faith Zaba |Tatira Zwinoira |Tinashe Kairiza |Gamuchirai Nyamuziwa
THE government has identified devolution as key to achieving an upper-middle income economy status by 2030. Under devolution, Zimbabweans are involved in setting the development agenda in their communities.
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1 month ago | 
theindependent.co.zw | Tinashe Kairiza |Julia Ndlela |Tatira Zwinoira |Gamuchirai Nyamuziwa
DESPITE Zimbabwe’s vast natural wealth and economic potential, the country has struggled for decades to attract meaningful investment. Once hailed by Tanzania’s founding leader, Julius Mwalimu Nyerere, as the “Jewel of Africa” upon its Independence in 1980, Zimbabwe boasts abundant opportunities that could make it a premier investment destination.
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1 month ago | 
theindependent.co.zw | Kudakwashe Taimo |Tatira Zwinoira |Tinashe Kairiza |Gamuchirai Nyamuziwa
THE government has launched a nationwide programme to integrate unregistered businesses into the formal economy by distributing point-of-sale (POS) machines, now a prerequisite for obtaining operating licences. While this initiative seems promising to the average citizen, a key concern remains: Will businesses transact at interbank rates or parallel market rates?
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1 month ago | 
theindependent.co.zw | Tatira Zwinoira |Tinashe Kairiza |Gamuchirai Nyamuziwa |Tafadzwa Mhlanga
THE Master of the High Court has granted coal producer Makomo Resources (Private) Limited’s request to be removed from corporate rescue, four years after it was placed under curatorship. Makomo had been under corporate rescue since 2021, after being overwhelmed by creditor demands amounting to millions of United States dollars. Chartered accounting firm Grant Thornton was appointed to steer the company back to financial stability.
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1 month ago | 
theindependent.co.zw | Faith Zaba |Tatira Zwinoira |Tinashe Kairiza |Gamuchirai Nyamuziwa
IN contemporary Zimbabwe, there has been a growing but worrying trend. A clique of super-rich, but controversial tenderpreneurs with known political connections are making millions of dollars from government contracts. These few elite individuals flaunt wealth in a sea of poverty. This has exposed the yawning gap between the haves and have-nots. However, the government’s plan to conduct lifestyle audits is commendable at face value.
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1 month ago | 
theindependent.co.zw | Gwynne Dyer |Tatira Zwinoira |Tinashe Kairiza |Gamuchirai Nyamuziwa
Everybody has heard the saying: “The mills of justice grind slowly, but they grind exceeding fine”. The saying is a promise that all crimes will eventually be punished — but it is a lie. Most crimes everywhere have always gone unpunished. So, while the arrest of former Philippines president Rodrigo Duterte by the International Criminal Court (ICC) last week for the “crime against humanity” of mass murder was long overdue, it also came as a great surprise.
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1 month ago | 
theindependent.co.zw | Lee Musaidzi |Tatira Zwinoira |Tinashe Kairiza |Gamuchirai Nyamuziwa
THE National Prosecuting Authority (NPA) has reported a significant rise in corporate executives embroiled in illicit activities, with the private sector suffering an estimated annual loss of US$250 million. This translates to nearly US$21 million in monthly losses, highlighting the growing threat of financial crime within Zimbabwean businesses. NPA chief public prosecutor Clemence Chimbari told businessdigest that company litigations were increasingly revealing the extent of executive misconduct.
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1 month ago | 
theindependent.co.zw | Andrew Muzamhindo |Julia Ndlela |Tatira Zwinoira |Tinashe Kairiza
BY combining performance, style and utility, the Chery Tiggo 7 Pro Max from Chery Zimbabwe appeals to a wide range of consumers, making it a formidable competitor in the mid-size SUV market. In Zimbabwe, it is quickly becoming more and more preferred by discerning consumers seeking stylish, affordable and well-built SUVs. The design, performance, safety features, exterior, interior, price and road manners of this car are all too good to ignore.
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1 month ago | 
theindependent.co.zw | Tatira Zwinoira |Tinashe Kairiza |Gamuchirai Nyamuziwa |Tafadzwa Mhlanga
THE newly-established Zimbabwe Renewable Energy Certificate (ZimREC) platform is set to enhance liquidity by monetising bankable energy projects, according to Africa Institute for Carbon Trading and Sustainability (AICTS) chief executive officer Kudakwashe Manyanga. ZimREC, an initiative by AICTS in partnership with Silver Carbon, aims to create a trading platform for Renewable Energy Certificates (RECs) on behalf of independent power producers (IPPs).
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1 month ago | 
theindependent.co.zw | Tinashe Kairiza |Julia Ndlela |Tatira Zwinoira |Gamuchirai Nyamuziwa
A US$2 million tender issued by the Victoria Falls City Council for a prime commercial stand has ignited controversy, with potential bidders raising concerns over the transparency of the tendering process, the Zimbabwe Independent has established. The highly sought-after property, Stand Number 1815, attracted interest from four firms.
