Defence secretary Martin Rushwaya is today expected to appear in Parliament for grilling over the army's mining activities in the Chiadzwa diamond fields.Rushwaya was initially scheduled to appear bef...
ZIMBABWE'S gold deliveries surged 57,6 percent in the first quarter of 2018 to 7,3 tonnes compared to 4,63 tonnes during the same period last year.Gold output in the first quarter of 2017 was largely ...
RANI Investments LLC, majority shareholder in, Limpopo Mining Resources (Pvt) Limited (LMR), has filed an application with the High Court seeking removal from liquidation due to a change in circumstan...
Listed engineering firm, Zeco Holdings, said it losses widened to $2,1 million in the full year to December 2017 from $1,3 million in 2016. In the period under review, the group generated revenues of ...
The government is expecting a boom in the country's telecommunications sector following reforms that will see three state owned utilities being partially privatised.The second quarter performance of t...
STATE-OWNED telecoms operator TelOne has reduced the interest rate it had been charging on outstanding bills for businesses backdating to 2009 to 0,04%, the Zimbabwe National Chamber of Commerce (ZNCC...
Hwange Colliery Company Limited (HCCL) has suspended negotiations concerning a material transaction, which was going to have an effect on the price of the company's shares, had it been concluded.The Z...
State enterprises Powertel, Zarnet (Zimbabwe Academic and Research Network) and Africom were announced to be merging by Finance Minister Patrick Chinamasa. Most readers will be familiar with Powertel ...
Zimbabwe's leading cryptocurrencies exchange, Golix, has coordinated a partnership with Blockstarters, South Africa's crypto/blockchain hub and incubator, in a move that will see the exchange tapping ...
Zimnat Life Assurance has launched the Zimnat Security Plan, an exciting and affordable life assurance policy which provides life cover of $10 000 from as little as $14,67 per month, depending on the ...
Low-cost airline Fly Africa which was set to resume the Harare-Johannesburg flights failed to take off again on Sunday and today as advertised.The airline had announced that Harare-Johannesburg, as we...
Brainworks Capital founder and former director George Manyere has moved to claim $2,75 million owed by businessman Dr James Makamba's investment vehicle Kestrel Corporation, which was securitised by s...
ZIMBABWE Stock Exchange listed beverage manufacturer, Delta Corporation, revenue grew by 18 percent in the year to March 2018 driven by growth in larger, sparkling beverages and sorghum beer volumes, ...
AIR ZIMBABWE, whose management has been publicly attacked by Government for mismanagement, says it will be on the road to recovery once it has fully implemented its strategic turnaround plan to be rol...
SOUTH Africa's Moti Group will consider selling shares in its Zimbabwean chrome mining operations if Government pushes ahead with the proposal.Zimbabwean policymakers are debating a bill that will req...
ZIMBABWE'S annual rate of inflation for March shed 0,3 percentage points on the February figure to 2,68 percent, the Zimbabwe National Statistics Agency (ZimsStat) reported."This means that prices as ...
ZIMBABWE has put on hold plans to undertake a wind resource measurement exercise on three sites with highest energy potential, as the price bids received from companies that tendered to carry out the ...
THE $400 million recapitalisation deal between the National Railways of Zimbabwe (NRZ) and the Diaspora Investment Development Group (DIDG)/Transnet Consortium is well on course, with the joint ventur...
Tobacco farmers have welcomed Government's decision to pay them part of their money in foreign currency.The growers are entitled to a cash withdrawal of $300 per sale from banks operating at the aucti...
Indian billionaire Anil Agarwal's Vedanta Resources named AngloGold Ashanti's Srinivasan Venkatakrishnan as its new chief executive officer as the diversified miner ended a year-long search for a new ...
Tobacco contracting firm, Agritrade Leaf Tobacco, is in the eye of a storm after it allegedly deducted insurance premiums from farmers without prior contractual agreements.The premiums were submitted ...
Harare City Council workers are still fighting against the privatisation of Crusher Station, an entity of the local authority that produces crushed stone and asphalt concrete for road construction and...
Hwange Colliery Company Limited [HCCL] allegedly barred its workers from meeting Members of Parliament investigation team, amid allegations of mismanagement and corruption at the coal miner, it has be...
A Hong Kong Investor YAYA Sun is set to invest in excess of US$100 million in a local airliner, Sol Air.The deal, which had been put on ice owing to the country's risk profile and airline remittance i...
PROMINENT Lawyer Gerald Mlotshwa and businessman James Makamba are said to have resolved their differences over the Empowerment Corporation (EC) 40% shareholding in Telecel Zimbabwe which a cabinet mi...
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