Small scale miners from Matabeleland South Province converged in Gwanda during the provincial Alternative Mining Indaba to discuss challenges affecting the sector.The miners drawn from the seven distr...
A ban in the importation of at least 100 basic consumer goods imposed by government last year fuelled foreign currency shortages after recovery of local companies increased demand for forex, Reserve B...
MONEY shortages in Zimbabwe have changed power politics at banks, once again, bringing back the nation's old pastime - queuing.The customer, who normally should be king, is now subservient to the secu...
ZIMBABWEANS in the Diaspora have the capacity to contribute significantly towards reviving the country's ailing economy, which is afflicted by low levels of foreign investment.Diaspora Infrastructure ...
BEITBRIDGE Town Council is seeking investment partnerships to develop key infrastructure and other major capital projects on a private public partnerships basis.Council chairperson, Mrs Showa Moyo sai...
ZIMBABWE'S foreign currency receipts rose 6,6 percent to $3,2 billion in the eight months to August from $3 billion in the comparable period last year, buoyed by mineral earnings, according to central...
CHALLENGES faced by retailers in securing foreign currency to import products, especially commodities local industry is not able to produce, have resulted in sporadic price increases that have put pre...
Zimbabwe's retail sector is reeling from foreign payment delays with some claiming they will soon be retrenching as sales have been waning on the back of payment delays. RBZ governor John Mangudya and...
Government has clandestinely brought back auditor general, Mildred Chiri, who was unceremoniously dismissed from her job in July, triggering a furore from the legislators. Chiri said that she was back...
PRESIDENT Robert Mugabe will today meet business leaders to discuss the country's economic emergency, just as retailers warned his government this week of imminent food shortages caused by a worsening...
NON-EXPORTING depositors have no right to demand foreign currency from local banks because they are not generating any, Barclays Bank of Zimbabwe (Barclays) chief executive officer, George Guvamatanga...
Local millers need a whopping $22 million dollars to implement the government directed food fortification programme which they argue needs specialized people and laboratories to achieve the intended r...
The wheels have come off Chinamasa's mystic wagon, the unorthodox attempt to get around fundamental rules and principles of economics have failed, his cosmetic fiscal tactics are finally exposed as we...
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has started mobilising $35 million needed to finance the first phase of constructing student accommodation at State universities.The total cost ...
Zimtrade is seeking ways of reducing a trade deficit of $1.2 billion recorded in the first seven months of this year by engaging exporters and looking for ways of boosting productivity in critical sec...
In January, a photograph appeared in Zimbabwe's media showing Vice President Emmerson Mnangagwa enjoying drinks with a friend. In his hand was a large novelty mug emblazoned with the words: "I'M THE ...
Sanity could soon return to the country's largest opposition party as the quarrelling parties - MDC leader Morgan Tsvangirai and his deputy, Thokozani Khupe - signalled their desire yesterday to smoke...
FRUSTRATED Bulawayo residents have expressed grave concern over delayed commencement of the much awaited multi-million dollar Egodini Mall project, despite assurances by the authorities.The project w...
THE Zimbabwe National Road Administration (Zinara) has not disbursed funds for road maintenance to Beitbridge Town since the beginning of the year.The funds are urgently needed to upgrade the town's r...
Zimbabwe's largest mobile network operator Econet Wireless Zimbabwe (Econet) yesterday unveiled a youth empowerment initiative, Elevate Virtual Agent Programme (Evap), which is expected to create 25 0...
CABINET has approved investment of $18 million towards the revival of the Cold Storage Company (CSC) by the National Social Security Authority (NSSA).Deputy Minister of Agriculture, Mechanisation and ...
THE Grain Millers Association of Zimbabwe (GMAZ) has filed an application at the High Court seeking to block the Government from implementing the recently introduced mandatory food fortification.In th...
THE country has contained an anthrax outbreak that killed one person and infected 56 in April this year when villagers in Binga ate meat from infected dead hippos. According to the Ministry of Health ...
NEARLY 600 National Social Security Authority (NSSA) employees have taken the authority to the High Court seeking to compel it to pay them their annual bonus for 2016.Last year, NSSA did not pay out b...
The Zimbabwe Industrial Index, which is the main index on the exchange that contains every company except for a handful of mining stocks, is up almost 64% on the year in USD terms. The next best stock...