DEFUNCT steel manufacturer, Ziscosteel, is set to get a new board of directors after Government retired the entire old board that had been in office for more than a decade. Industry and Commerce Minis...
LISTED hospitality group, African Sun (Pvt) Limited, says its business has been growing since last year in response to positive business sentiment under the new dispensation. The group was estab...
GOVERNMENT plans to improve the interconnectivity of the National Railways of Zimbabwe with other countries in the region to improve the parastatal's market share and revenue, a Cabinet Minister said ...
PAYNET, a subsidiary of Mauritian financial services provider Payserv Africa, has suspended all local financial institutions from its transacting platform after they refused to pay in foreign currency...
ZIMBABWE'S outdated air traffic control system is putting lives of passengers in danger as it exposes planes to possible collisions, aviation experts have said.The archaic system also exposes the coun...
TRANSPORT group Unifreight Africa Limited allegedly prejudiced its shareholders on the Zimbabwe Stock Exchange (ZSE) an estimated US$18 million wired into an offshore account in the United Kingdom (UK...
Biggest banking group by assets and deposits CBZ Holdings Limited, has set eyes on diaspora mortgages, as part of its strategy to enhance foreign currency generation, a senior official has said. Throu...
Air Zimbabwe has engaged the Treasury and the Reserve Bank of Zimbabwe for the release of outstanding Treasury Bills (TBs) amounting to US$4 million for the purchase of an Embraer aircraft. Government...
Zimbabwe is racing against time to find effective and sustainable ways to eliminate the use of mercury, which is widely used by small miners in processing gold, in line with dictates of global treaty ...
Zimbabwe Stock Exchange (ZSE) listed conglomerate, Meikles limited has announced that the proposed plan to sell shareholding in one of its hotels is now awaiting shareholder approval.The company issue...
Swedish information communication technologies (ICTs) giant Epson Europe BV will set up office in Harare next week in response to President Mnangagwa's pro-investment reforms under the New Dispensatio...
THE Zimbabwe Association of Microfinance Institutions (Zamfi) is considering foreign currency lending to assist producers in securing critical imports based on the anticipated effectiveness of the int...
Zimbabwe Stock Exchange (ZSE) listed RioZim says construction of its 2 800 megawatts Sengwa power project will commence in the next 12 months after the mining group signed an exclusivity agreement wit...
The company delivered a strong performance in 2018 achieving revenues of $34.3 million which was 27% above the prior year despite an increasingly challenging economic climate. This performance w...
THE Communications and Allied Industries Pension Fund (CAIPF), has issued summons at the High Court seeking an order to compel State-owned NetOne Cellular (PVT) Ltd to reimburse $430 836 paid the mobi...
IN a ground-breaking move, President Emmerson Mnangagwa has agreed to a live radio interview in which ordinary citizens will be allowed to call in and ask questions.The interview, set for this Friday ...
The minister of Tourism, Prisca Mupfumira, said Zimbabwe will not pull out of the Convention on International Trade in Endangered Species (CITES) so that the country may be able to sell large stocks o...
The national airline has written to treasury to grant them permission to auction some of its old airplanes so that they can at least salvage something from the fleet which is lying idle.The US$380 mil...
THE value of transaction processed through the National Payment System (NPS) have declined by 11,3 percent to $4,6 billion during the week ending May 24 from $5,1 billion recorded the previous week.In...
Zimnat and THI Insurance, which earlier this year entered into an underwriting management agency agreement with Zimnat General Insurance, are jointly participating in this year's Agricultural Dealers'...
TOBACCO sales are down 44% at $292,8 million after 53 days of trade, compared to $523,5 million achieved last season, data from the industry regulator Tobacco Industry and Marketing Board (TIMB) shows...
THE Zimbabwe Diamond and Allied Minerals Workers' Union (Zdamwu) says workers in the mining sector should be paid in United States dollars since the sector is one of the top foreign currency earners i...
AIR ZIMBABWE judicial manager Reggie Saruchera says he is pushing authorities to avail a $12 million package to maintain the airline's fleet and acquire additional aircraft.Saruchera told parliamentar...
MOBILE operator Telecel Zimbabwe has said it is now targeting to clear its licensing obligations of US$137,5 million to Government by 2020. In 2013 the mobile operator made an arrangement with the Pos...
A LOCAL engineering firm, Mamsen Engineering, has developed an energy-efficient Twin-Turbo tobacco curing barn that is set cut energy bills for tobacco farmers and reduce the impact on the environment...