Confusion is reigning over the $1 billion dualisation of the Harare-Beitbridge highway as conflicting statements have emerged on the granting of tax concessions o the contractor, Geiger International....
RBZ has rejected a request from platinum and chrome producers to have their foreign currency retention threshold increased from 20 percent, but assured them of timely disbursements of hard currency up...
THE Zimbabwe Revenue Authority (Zimra) says transit traffic has dropped by 60% since the introduction of the Electronic Cargo Tracking System (ECTS), showing many were involved in transit smuggling.Th...
Traffic Safety Council of Zimbabwe (TSCZ) managing director Obio Chinyere is embroiled in a scandal for allegedly selling a company vehicle in contravention of laid down procedures.An internal audit c...
Government has embarked on a national branding exercise, with six key pillars expected to improve the battered image of the country, Minister of Tourism and Hospitality Industry, Walter Mzembi, has sa...
US President Donald Trump's first big meeting, three days after his inauguration, was with the chief executives of America's 12 largest corporations. A decidedly pro-business president, Trump used the...
ZIMBABWE'S international payments backlog has surged by over 200 percent to $570 million, from $186 million in May, central bank governor John Mangudya has said, as the country's foreign exchange shor...
THE Confederation of Zimbabwe Industries (CZI) has described its meeting with President Robert Mugabe last week as fruitful, despite criticism that the business delegation failed to robustly engage hi...
THE Registrar General's (RG) department has suspended issuing emergency passports, as ongoing foreign currency shortages continue to affect key public and commercial operations.Zimbabwe is grappling w...
President Mugabe has with immediate effect appointed Advocate Ray Hamilton Goba as substantive Prosecutor-General (PG) following the dismissal of Mr Johannes Tomana on account of gross incompetence a...
AN escalation of imports by ZESA Holdings resulted in a 444 percent surge in electricity purchases to $221 million last year, as the country's power utility sought to close the generation gap and aver...
HOPES that the Indigenisation and Economic Empowerment Act would be amended before next year's elections were this week dashed after President Robert Mugabe skirted the law in his legislative agenda f...
THERE is a need to investigate the reasons behind some industry players failing to access the foreign currency allocated to them by the Reserve Bank of Zimbabwe.The Confederation of Zimbabwe Industrie...
At least 30 parastatals and State enterprises were not audited last year for various reasons which will be revealed by Accountant-General Mr Daniel Muchemwa when he tables a comprehensive report befor...
OPPOSITION parties and civic groups have expressed outrage at reports that President Robert Mugabe's delegation of more than 70 people to the forthcoming United Nations General Assembly will blow ove...
PRESIDENT Mugabe has bemoaned the continued loss of lives in road traffic accidents and said a Motor Vehicle Accident Fund is on the cards as a measure of relief to survivors and families of victims.S...
The Securities Exchange Commission of Zimbabwe (SECZ) has set its eyes on the diaspora as it accelerates its campaign to lure investors on the capital markets.The push to lure the diaspora will be aid...
ALL economic sectors in Zimbabwe are facing serious challenges, chief among them the lack of access to foreign currency and influx of cheap imports, the Confederation of Zimbabwe Industries (CZI) has ...
Despite the dwindling formal sector that has traditionally been the anchor of the country's economy, government, through the ministry on Health and Child Care, is determined to soon introduce a Nation...
More than 83 percent of the conventional supermarkets, fast food outlets and retail shops have complied with the directive on the ban on the use of kaylite (polystyrene) food packaging.The problem is ...
IN response to Mugabe to blame for parastatal mess: ZCTU: Your report that the Zimbabwe Congress of Trade Unions (ZCTU) blames President Robert Mugabe for the collapse of State-owned companies is spot...
The cost of a monthly food basket for a family of six has increased by 0.52 percent to $579.84 in August due to fluctuation in fuel prices and the use of plastic money.In its latest report, the Consum...
The value of bond notes has gone down by more than 50% on the parallel market, showing rising inflation remains on course a local financial research firm has revealed.Research firm, IH Securities said...
THE funeral assurance industry is targeting to venture into property development as the sector seeks to diversify its fortunes. This comes after several financial institutions and insurance firms have...
The proposed annual registration of medical aid service providers is a threat to continuity of business and confidence as this is likely to create uncertainty and promotes looting by members, Associat...