THE Zimbabwean government has committed to paying the US$1,2 billion arrears to the World Bank by April this year, as the first step towards unlocking fresh funding from multilateral institutions, but...
THE Confederation of Zimbabwe Industries (CZI) has postponed its economic outlook symposium that was scheduled for this week to next week in order to accommodate some officials attending the World Eco...
RETAILERS, who are currently under fire for exploiting consumers through extortionate pricing, are now battling to fire-sell their products by offering promotions. Consumers have largely boycotted maj...
IMF Managing Director Christine Lagarde Meets with President Emmerson Mnangagwa of ZimbabweInternational Monetary Fund (IMF) Managing Director Christine Lagarde today met with President Emmerson Mnang...
The Reserve Bank of Zimbabwe Governor Dr John Mangudya, is set to deliver the 2018 Monetary Policy Statement (MPS) early February when he returns from Davos, Switzerland where is attending the 48th Wo...
GOVERNMENT has significantly reduced ground rental annual fees for diamonds to $225 per hectare from $3 000. The reduction is in line with Government's ease of doing business reforms to facilitate inv...
One of Zimbabwe's oldest furniture firms Pelhams has started re-opening its branches across the country after TN Harlequin, one of its creditors and sister company, undertook to bailout the company to...
MMCZ says it intends to revive a metallurgical plant in Kwekwe that processes refractory ore, an initiative that will promote gold production, particularly from various small-scale miners dotted aroun...
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) will audit financial statements of telecommunication firms that failed to pay licensing fees to ascertain veracity of such i...
Zimbabwe (GMAZ) said on Jan. 23 that despite the recent dry spell its members have sufficient grain reserves to take the country through the next farming season, according to Newsday Zimbabwe."Even wh...
ZIMBABWE'S new government talks up the country's mineral wealth in its push for investment, as it seeks to snap a run of sluggish economic growth, an official document shows.The country's tilt towards...
FIDELITY Printers and Refiners (FPR) has threatened to withdraw licences for agents it accuses of defying a directive to use receipt books issued by the State-controlled company when buying gold from ...
Zimbabwe's banana production increased 186 percent over two years to 45 775 tonnes in 2017, from 16 000 tonnes in 2015, industry data shows.According to a Confederation of Zimbabwe Industries (CZI) re...
MOBILE phone users in Zimbabwe could enjoy mobile number portability (MNP) by end of this year, enabling them to switch service providers while keeping their original mobile numbers.The Postal a...
The Zimbabwe Mining and Smelting Company (ZIMASCO) is failing to export optimum volumes of carbon ferrochrome through Mozambique due to a shortage of rail wagons from the NRZ. Clara Sadomba, the commu...
DELTA Beverages says the uptake of its beverages sorghum contract farming scheme (BSCFS) will decline in 2018, as some of its farmers were now attracted to the government's Command Agriculture scheme....
NETONE has sold more than 2 000 gadgets of the company's One-Fi gadget generating over $400 000 in the process, as demand for the one stop shop for communication services product grows.The country's s...
FORMER workers at the now defunct, United Touring Company (UTC) are bitter after allegedly being told they will not get their terminal benefits because the firm has no assets.The defunct tour operatin...
LOCAL tourists have appealed to tour operators to reduce charges for the various activities which they say are very high and as such work against efforts to promote domestic tourism.The Government, th...
THE Grain Marketing Board (GMB) posted a $209 million loss in the financial year ended December 31, 2017 due to subsidised sales to millers, an official has said.According to ZBCtv, GMB general manage...
The Tobacco Industry and Marketing Board (TIMB) is consulting stakeholders on possible dates for the start of the 2018 marketing season, an official has said.TIMB corporate communications manager Mr I...
Zimbabwe is unlikely to license new entrants in the mobile telecoms sector in the foreseeable future, with the regulator saying due to limited electro-magnetic spectrum, which carries sound and data, ...
The Zimbabwe Power Company has secured $116 million from regional financial institutions to go towards its equity contribution for the expansion of Hwange Thermal Power Station.ZPC's equity contributi...
WILLOVALE Motor Industries, which last year partnered Beijing Automobile International Corporation (BAIC) to assemble vehicles, is failing to meet its initial production targets due to shortage of for...
Zimbabwe's full year gold production rose to 24.8 tonnes in 2017 from 22.7 tonnes the previous year, the central bank's refining and printing subsidiary said on Wednesday.Gold is the southern African ...
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