CHINESE Commerce Minister Chen Deming has pledged his country's commitment to invest in capital projects in Zimbabwe and help the country address its infrastructural problems relating to roads, wate...
YOUTH Development, Indiginisation and Empowerment Minister Saviour Kasukuwere has implored Bulawayo youths to take the city's economy back to its feet.Addressing youths during the handover of the c...
Transport, Communication and Infrastructural Development Minister Nicholas Goche has appointed a new board for Air Zimbabwe.The new board has been tasked with coming up with innovative ways to reviv...
President Robert Mugabe has urged broadcasting authorities to put to good use the new US$6,5 outside broadcasting equipment and a satellite up-link for the good of the nation.Mugabe was speaking so...
Prime Minister Morgan Tsvangirai has called for a parliamentary probe on indigenisation after disturbing reports of alleged misdemeanours and corruption in handling empowerment transactions.In a st...
Energy experts forecast that local fuel prices will continue rising over the next two months in tandem with trends on the international market, raising fears that this might have a knock-on effect o...
THE Ministry of Industry and Commerce is still waiting for CABS and Treasury to disburse $5 million to the 30 companies that the ministerial taskforce identified and is in the dark about the latest ...
THE Manicaland Business Community has expressed mixed feelings over the recently announced Reserve Bank of Zimbabwe policy of a substantial reduction and scrapping of bank charges on short-term depo...
Government will codify into law the Memorandum of Understanding between the Reserve Bank of Zimbabwe and banks if the agreement is not fully implemented, Finance Minister Tendai Biti has said.The f...
In an effort to offer more advanced online services to its customers in Zimbabwe, Emirates has introduced a new payment solution that will enable travellers to pay for their flights on www.emirate...
Deputy Prime Minister, Professor Arthur Mutambara on Wednesday said there was a need to amend the mining laws, among other things, if Zimbabweans were to benefit from its numerous resources.DPM...
The central bank says it is enforcing tougher rules to rein in "the delinquent behaviour" of businesses holding cash abroad.The Reserve Bank said Monday that $360 million in export proceeds were bei...
Zimbabwe's state-run Deposit Protection Corporation needed $135 million (R1.2 billion) to meet its capitalisation requirements and pay depositors who lost money during the nation's decade-long reces...
AT least 10 small scale businesspeople have been left stranded after the Bulawayo City Council declared a building they were operating from, a health hazard and closed it.Betsi Gordon Building at th...
Zimbabwe's central bank chief who has previously warned government against the seizure of foreign banks on Thursday appeared to make an about-turn, but cautioned the process must be orderly."All ba...
Econet Wireless is setting up a payment system for shares on the Zimbabwe Stock Exchange using its EcoCash service.The system is designed to make it possible for small investors to buy and sell shar...
Indigenisation and Empowerment minister Saviour Kasukuwere yesterday said foreign-owned banks were free to leave if they are not prepared to support the agricultural sector and emerging businesses i...
ZIMBABWE Electricity Transmission and Distribution Company is suing the National Railways of Zimbabwe over an electricity bill to the tune of $384 144.NRZ in Kwekwe consumed power between January 20...
Zanu-PF Chivi South legislator Irvine Dzingirai has declared himself the new owner of troubled Renco Mine. Dzingirai confirmed his take-over of the mine last Friday, claiming he was doing so as part...
African Is Cool, an investment solutions company, has developed a smartphone investor-relations mobile application that lets investors access information about listed companies in Zimbabwe and Zamb...
Industry and domestic electricity consumers have attacked Zesa Holdings for failing to properly manage power distribution following the introduction of a massive load-shedding programme earlier this...
YUM! Restaurants International continues to expand the footprint of its KFC brand on the African continent, with plans to add stores in Tanzania, Uganda and Zimbabwe this year, the company said on ...
AN international fast foods giant, Yum Brands, plans to reopen its branches in Zimbabwe as part of a programme to roll out KFC restaurants in Zimbabwe, Tanzania and Uganda this year, the company sa...
One of the country's leading security firms, Fawcett Security (Pvt) Limited, risks having its operations suspended over the company's failure to submit an acceptable indigenisation compliance plan, ...
The ZSE Industrials gained 3.3% to close the week at 156.4 on the back of gains in Barclays (+19.2%), OK Zimbabwe (+9.9%), and Innscor Africa (+6.3%). The top traders by value were Delta ($2.7...