The Zimbabwe Anti-Corruption Commission has opened fresh investigations into former Mines and Mining Development Minister Walter Chidhakwa over diamonds that allegedly disappeared from Government vaul...
Econet Media has reportedly activated its "contractual termination clause" with Dr Dish, the licence holder on the back of whom they were running their Kwese TV services in Zimbabwe.This has had the e...
Government plans to raise funds to resuscitate Shabanie and Mashaba Mine (SMM) in Zvishavane from the sale of reprocessed dump, which is expected to result in the immediate employment of 350 workers.M...
Mobile telecommunications giant, NetOne, is recruiting over 1 000 brand ambassadors nationwide to market its mobile money platform, OneMoney.The recruitment exercise has been completed in Harare and B...
FINANCE deputy minister Terrence Mukupe has said banks have the right to refuse opening accounts for new clients as they are private enterprises.Responding to MDC-T legislator Bacilli Majaya in the Na...
THE Tobacco Industry and Marketing Board (TIMB) says opening of the 2018 selling season is likely to delay due to the late onset of the rains as most of the crop is still in the fields.Under normal ci...
Zimbabwe is planning to resume auction of diamonds next month, having suspended sales in February last year following the merger in 2016 of companies previously operating in the Chiadzwa area of Maran...
THE ZB Financial Holdings (ZBFH) group is headed for a split amid indications that one of its major shareholder, Nicholas Vingirai wants out.Vingirai, who through his Transnational Holdings Limited (T...
THE Ministry of Transport and Infrastructural Development plans to buy three Embraer ERJ145 aircraft for Air Zimbabwe at a cost of US$6 million and lease two other similar aircraft which will ply rout...
Government has committed itself to take up TelOne's legacy debt under a debt warehousing initiative as the money owed continues to weigh on the company's operations.Cabinet in July approved the assump...
Regional seed producer, Seed Co is awaiting exchange control approval to proceed with plans to list the group's external business, aimed at raising funding to finance growth, chief executive Morgan Nz...
Roofing and piping products manufacturer, Turnall Holdings, has approached the RBZ seeking a $10 million bailout package it requires to retire toxic debt. Turnall is saddled by a $15 million debt, whi...
More than US$60 million will be invested in the establishment of at least 300 base stations across the country this year by mobile network operators as infrastructure sharing gathers momentum, a top g...
NetOne's ex-managing director Mr Reward Kangai was yesterday arrested by the Zimbabwe Anti-Corruption Commission (ZACC) on allegations of abuse of power during his tenure at the country's second-bigge...
BULAWAYO-BASED textile concern, Merlin has embarked on a gradual re-employment of ex-workers having so far engaged 60 employees from the maintenance department as it re-opens.The manufacturing firm, w...
TOBACCO growers' registration for the 2017/18 cropping season has increased by 40 percent to 113 530 from 81 172 during the comparable period last year.Latest statistics from the Tobacco Industry and ...
THE Zimbabwe Stock Exchange (ZSE)-listed quick service restaurant business, Simbisa Brands is seeking regulatory approval for a secondary listing on the Alternative Investments Market in London as par...
ZIMBABWE'S largest platinum miner, Zimplats says it is investing $264 million in the development of a new mine to replace Rukodzi and Ngwarati mines that are facing depletion in the next four an...
Shabanie Mashaba Mine Holdings has started renewing contracts for its employees, amid revelations that the new Government is eager to see the asbestos giant back in operation.Shabanie Mine, which used...
Women and Youth Affairs Minister Sithembiso Nyoni says the much awaited Women's Bank is set to open next month and the Reserve Bank of Zimbabwe is in the process of inspecting its structures and other...
Work on the 600 megawatt extension of Hwange Power Station will start soon, after China reaffirmed its commitment to facilitate the $1,5 billion upgrade, among several other potential areas of trade a...
Africa-focused investment firm, Masawara Plc, has registered a $3,6 million profit in the half year to June 2017 up from $2,3 million in the same period in 2016. The group's insurance unit registered ...
Econet Wireless Zimbabwe (Econet) is set to become one of the first companies in Zimbabwe to set up a photovoltaic power plant at its premises in Willowvale for own consumption. The Zimbabwe Energy Re...
THE National Railways of Zimbabwe (NRZ) has entered into a $375 000 partnership with the Beitbridge-Bulawayo Railways (BBR) to refurbish 25 wagons in a move that is meant to boost NRZ's capacity to mo...
The Zimbabwe Mining Development Corporation will soon start mining its lithium deposits in Bikita, on the back of firming demand for the mineral on the global markets.This comes as Zimbabwe is experie...