Government has awarded the State-owned telecoms firm TelOne a broadcasting licence, allowing the company to offer video on demand services.TelOne announced the news yesterday in one of the State-run n...
Zimbabwe's financial sector will soon revive long-term loans for the industry as the central bank is finalising affordable offshore credit line facilities with regional and global banks. &n...
Lucky subscribers of NetOne's mobile money service, OneMoney, have been paid back the money they used to pay school fees through the service, as part of a promotion being run by the mobile network ope...
THE Ministry of Mines and Mining Development has set a target of producing 75 tonnes of gold annually in the next five years as Government seeks to boost reserves and increase mining sector earnings.G...
THE Parliamentary Portfolio Committee on Finance and Economic Development has demanded validation of the $500 million Zisco debt to authenticate the arrears before Government takes over the firm's lia...
ZIMBABWE'S top resort town, Victoria Falls, has received a record number of tourists and healthy forward bookings, according to Africa Albida Tourism (AAT).AAT chief executive, Ross Kennedy, said mont...
HWANGE Colliery Company Limited (HCCL) says it is targeting to increase its coal production by 29.3 percent to 300 000 tonnes per month by June this year as it continues to pursue its scheme of arrang...
Zambia's leading airline, Proflight Zambia, is set to introduce flights between Harare and Lusaka during the first week of July.Civil Aviation Authority of Zimbabwe public relations and communications...
CANADIAN investors are scouting for business opportunities in Guruve in a bid to secure 10 000 hectares of land for marijuana farming due to the area's favourable climatic conditions.Discussions are a...
GLOBAL electrical engineering giants, China Power and United States incorporated General Electric (GE), have launched a joint bid for a contract to construct the 2 400-megawatt Batoka Gorge hydropower...
Zimbabwe's gold production is projected to rise to a record 30 tonnes year as producers' ramp up output, Finance and Economic Planning minister Patrick Chinamasa has told Parliament.Chinamasa said gol...
Foreign currency raised from this year's tobacco sales has not improved Zimbabwe's liquidity position because of the significant increase in the fuel import bill caused by a hike in international oil ...
NMB Bank says it has secured a corresponded agent for United States dollars and Euro clearing with a German bank to facilitate international transactions.The bank said in a notice that it has partnere...
THE Government will tomorrow sign a mega mining investment deal that will see more than $730 million worth of investment coming into the mining sector, Mines and Mining Development Minister Winston Ch...
Delta Beverages' revenue grew 18 percent to US$572 million for the year ended March 31, 2018, compared to US$482 million in the prior year.This is the Group's first revenue growth in five years as it ...
ZIMBABWE is set to produce huge tonnes of coal in the near future driven by the ambitious production targets set by two new miners, Zambezi Gas and Liberation Mining, in a move expected to guarantee a...
The Chamber of Mines of Zimbabwe (CoMZ) says while Government's decision to scrap the 51/49 indigenisation law requirement for most minerals is plausible, repealing the legislation in the extraction o...
Minister of Information Communication Technology and Cyber Security, Supa Mandiwanzira, has said government is undertaking research to ascertain the real cost of data in the country following an outcr...
Hwange Colliery Company Limited (HCCL) says it has been paying monthly instalments to its employee creditors since December, 2017, and it will continue until the $70 million arrears are paid in full.T...
The circus behind the country's new national airline, Zimbabwe Airways, has reached fever-pitch with the government now moving to remove former president Robert Gabriel Mugabe's initials from one of t...
THE liquidator of Limpopo Mining Resources, also known as River Ranch Mine, previously linked to the late army general Solomon Mujuru, has opposed an application by the mine's majority owners, Rani In...
TENSIONs between senior Air Zimbabwe officials, the Transport ministry and Zimbabwe Airways (ZimAirways) are mounting after minister Jorum Gumbo recently blocked the convening of a disciplinary hearin...
GOVERNMENT, which has 60% shareholding at Telecel Zimbabwe, has made a decision not to sell part of its stake to investors interested in the telecommunications company, but instead buy off the minorit...
Zimbabwe Information and Communication Technologies (ZICT) has called for the set up of a Cyber Security and Internet Court.ZICT - a division of the Zimbabwe Institution of Engineers - said there was ...
Exploration work to establish the presence of kimberlite is set to be carried out in Masvingo's Mwenezi district.This follows the citing of suspected kimberlite rock in the area.Officials from the Zim...