Illegal foreign currency trading on the parallel market has resurfaced, further hindering efforts by the Reserve Bank of Zimbabwe (RBZ) to clear the backlog of foreign payments of close to $200 millio...
Government has received 80 centre pivots worth over $6 million from Spain to aid irrigation under Command Agriculture, Vice President Emmerson Mnangagwa said.VP Mnangagwa said the centre pivots were c...
THE Labour Court has ordered State broadcaster, the Zimbabwe Broadcasting Corporation (ZBC), to reinstate its procurement executive officer, Constantino Tsatsayi, whose contract was terminated last ye...
Defence minister Sydney Sekeramayi's political stock is rising amid indications that neutrals in the do-or-die Zanu-PF war to succeed President Robert Mugabe are pushing for his elevation to occupy th...
CONSTRUCTION of a $10 million up-market shopping mall in Victoria Falls is expected to start anytime soon.The complex will be built by Zimre Property Investment (ZPI). ZPI chief executive officer Mr E...
THE Reserve Bank of Zimbabwe (RBZ) has imported over US$$400 million cash since January this year to address the cash shortages but of that amount only less than US$200 million is in circulation.Accor...
THE Reserve Bank of Zimbabwe is hunting down illegal foreign exchange dealers amid reports that more than US$3 billion was externalised over the past two years.Monetary authorities say the externalisa...
The government must stop bailing out ailing parastatals and instead channel resources towards small to medium enterprises (SMEs), a lobby group has said.SMEs Association of Zimbabwe chairman, Farai Mu...
Former Cabinet minister Christopher Mutsvangwa has dismissed charges by President Robert Mugabe that he is being sent by securocrats to campaign for his ouster as cracks between the ageing ruler and h...
The government has allocated US$20 million to cover the costs of the initial works of the Gwayi-Shangani dam project, paving way for the contractor to move on site.The initial stages of the much await...
Vice President Emmerson Mnangagwa says the cash-strapped Zimbabwe government is piling up reserves of gold and diamonds to back a new local currency.But he did not say when the new currency would be i...
PRESIDENT Robert Mugabe on Thursday came short of announcing his decision on beleaguered Zanu-PF national political commissar, Saviour Kasukuwere, declaring no party structure had the right to pass a ...
POLITICAL parties will soon meet to deliberate on the electoral voter registration regulations released by the Zimbabwe Electoral Commission (Zec) under Statutory Instrument (SI) 85 of 2017 last Frida...
Government is pushing for the implementation of procurement reforms in the public sector as a way of promoting transparency and accountability for the good of the economy.Efforts by government to push...
THE government is amending the Labour Act to address concerns raised by both workers and employees following the 2015 changes to the law, Public Service, Labour and Social Welfare Minister Prisca Mupf...
THE Motor Industry Association of Zimbabwe (MIAZ) has reacted angrily to Speaker of the National Assembly Jacob Mudenda's proposal for a 150% hike on import duty for second-hand vehicles.Speaker of th...
The Kariba South expansion project is at 91 percent complete amid indications that the first phase of the project will bring 150 mega watts on the national grid by December this year.The successful im...
The Office of the President and Cabinet has unilaterally awarded a multi-million dollar project to a local firm called Univern Enterprises to implement the Zimtis without going to tender or ascertaini...
BUSINESS says it will only accept labour regulations for Special Economic Zones (SEZs) if they meet certain conditions which include rationalising production and improving competitiveness, businessdig...
The presentation by Finance minister Patrick Chinamasa on July 20 was unique in that it was not a mid-term fiscal policy review, but rather a review of the 2016 fiscal year, combined with the outlook ...
LIKE the old adage says, Language is a key to success! In the world of cutting edge business practice today, language has become a means to successful business operation.For most in leadership, manage...
Innscor Africa Limited's plans to merge partial subsidiary companies, NatFoods and Profeeds are under threat following recommendations adopted by the Competition and Tariff Commission to block the dea...
Major shareholders in ZSE listed hotelier RTG are deeply divided on strategy around handling the group’s creditors and debtors as well as the fate of a sizeable stake in the business which has been ...
Mobile transactions now constitute 12.5 percent of the national values and around 70.6 percent of volumes for the month ending June 2017. This comes at a time when the cash shortages currently being e...
Heads are set to roll at National Roads Fund Administrator (Zinara) following revelations of a massive board shake-up that could also claim the scalps of executives and its long serving chairman. Info...