Finance and Economic Development minister Patrick Chinamasa has been invited to the Arab Bank for Economic Development (BADEA) headquarters in Khartoum, Sudan, to tie loose ends on a possible funding ...
ZIMBABWE is planning to tone down a controversial equity law which forces foreign companies to cede a majority shareholding to local investors, a Cabinet minister said yesterday.Zimbabwe's controversi...
CONTRACTORS at the Victoria Falls International Airport expansion project expect to have finished the new 4KM airstrip (runway) before the end of the year ahead of the completion of the whole project ...
Government has secured a $58 million facility from the African Development Bank for rehabilitation of water, sewer systems and power infrastructure for several local authorities. The projects are in l...
You would be forgiven for thinking that gamification describes a new type of weapons technology to shoot gamma rays. It is in fact a lot kinder than that: Gamification simply means using games to expo...
Zimra has suspended the attachment of property belonging to defaulting tax payers to give them room to raise money to pay off their arrears, a senior official said.ZIMRA head of audit for Manicaland ...
THE Zimbabwe Revenue Authority is carrying out impromptu visits to State enterprises and parastatals to establish their levels of tax compliance in view of salaries and perks for top managers. Source...
THE World Bank has appointed Camille Nuamah as the new country manager for Zimbabwe, replacing Nginya Mungai Lenneiye, who has retired.Nuamah officially assumes her new role next month.Jamaican-born ...
Government is currently holding consultations with various stakeholders with the view to coming up with a Special Economic Zones (SEZ) model that is best suited to the Zimbabwean situation.Industry a...
Now, more than any other time in history, performance drives business. The challenge is how to get to a reasonable measure of company performance that will also be a good performance predictor. In thi...
Could Atlas Mara Co-Nvest Limited be lining up more investments in Zimbabwe? Well, it certainly is for Africa.Bob Diamond and Ashish Thakkar's Atlas Mara yesterday announced that would raise about $40...
The Finance Ministry has moved pay dates for the civil service and pensioners for this month to between tomorrow and month-end. In a statement yesterday, Civil Service Commission Secretary Pretty Sung...
Zimbabwe has no funds to implement its five-year economic blueprint, the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (ZimAsset), Industry minister Mike Bimha has said.He said the pri...
The Financial Adjustment Bill, which seeks to condone unauthorised expenditure in Financial Year 2013, sailed through Senate yesterday. Finance Minister Patrick Chinamasa said the unauthorised expendi...
In a bid to avert a looming economic crisis the ruling Zanu-PF government is launching a new economic offensive.Officials say in this fresh strategy, the ruling party will no longer be focused on robu...
Trade volumes between Zimbabwe and China doubled between 2010 and 2013 to $1,1 billion, the outgoing Chinese economic and commercial counsellor Han Bing said yesterday. Speaking at his farewell recept...
A business delegation from India is expected in Zimbabwe at the end of the month to explore investment and trade opportunities in the country. The delegation, representing 10 Indian companies, will ar...
Zimbabwe's economy may slip into recession by 2015 if there are no fundamental policy shifts, according to Reserve Bank of Zimbabwe (RBZ) deputy governor Kupukile Mlambo. Mlambo said this while addres...
Government overturned a February deficit to post an operating surplus in March following the floating of Treasury Bills in the two months. Latest figures from the Accountant-General's Office show that...
The small to medium enterprises (SMEs) sector wants the Government to facilitate establishment of micro finance banks (MFBs) to enable it raise funds for its operations.SMEs Association of Zimbabwe f...
ZimTrade is set to carry out market research in African countries such as Angola as it seeks to explore new markets for the local industries. Regional manager Similo Nkala said ZimTrade was embarking ...
Zimbabwe's informal sector's contribution to the country's Gross Domestic Product is expected to increase in the outlook period, according to estimates by the Zimbabwe National Statistics Agency (ZimS...
Confederation of Zimbabwe Industries (CZI) president Charles Msipa says industry need at least $8 billion as working capital and for retooling to avoid further collapse currently happening in the sect...
Zimbabwe's informal sector's contribution to the country's Gross Domestic Product is expected to increase in the outlook period, according to estimates by the Zimbabwe National Statistics Agency (ZimS...
Zimbabwe wants to upgrade its terms of business with China in a bid to attract more inward investment and tourist dollars into the country as part of a wider attempt to revive its economy, said Hospit...