Parliament has started gathering substantive evidence to build a case against the world's leading diamond trading, De Beers Group which collected and exported diamonds when it held only an Exclusive P...
ZB Financial Holdings has increased its focus on guarantee programmes for loan growth targeting the construction industry with over US$40 million worth of guarantees having been funded in the FY2017.T...
Anglo-American Platinum Limited's wholly-owned subsidiary Unki Mines is scheduled to complete a smelter in the second half of 2018 while total production is expected to remain flat at 170 000 PGM ounc...
ZIMBABWE conducted a diamond auction sale this month, as production of the precious stones gradually recovers after slumping to an all-time low of less than two million carats from peak levels of 12 m...
Transport and Infrastructure Development Minister Joram Gumbo has terminated the contracts of some board members of the Civil Aviation Authority of Zimbabwe (CAAZ). Well-placed sources said that at le...
A MAJOR shareholder in Chaparrel Trading, a petroleum retail company operating the Trek Petroleum brand, has challenged government's takeover of the company in the High Court, alleging the transaction...
A LOCAL electrical and electronics engineer, Lovemore Mukono, has lost a case against a company reproducing a gadget that he designed after he had registered the patent under a trust.In a long running...
Government has pulled out of the salary wrangle involving Hwange Colliery Company Limited and workers' spouses, who have been demonstrating at the company premises for the past 26 days demanding their...
The replacement of Zimbabwe president Robert Mugabe with his party rival Emmerson Mnangagwa seems to have resuscitated the interest of several South African mining firms which have turned to the south...
Poultry players have approached the government asking for the suspension of the 40% import duty on fertilised eggs to bridge the supply gap of day-old chicks created by the outbreak of avian influenza...
The National Railways of Zimbabwe (NRZ) expects financial closure on the $400 million recapitalization deal with the Diaspora Investment Development Group (DIDG)/ Transnet Consortium by June 2018, an ...
Standard Chartered Bank is set to close at least seven branches across the country due to the emergence of mobile and online banking platforms, which have taken a toll on banking sector jobs. The staf...
Econet Media's pan-African media company Kwesé TV has acquired a significant stake in iflix Africa to form part of its diverse broadcast offering, as the core vehicle to deliver seamless mobile exper...
ZIMBABWE Tourism Authority (ZTA) has started updating its data base for accommodation, tourist attractions and activities on offer in the Midlands province.Midlands has had a remarkable expansion in h...
GOVERNMENT has hinted on plans to wean off non-core activities from Hwange Colliery Company Limited (HCCL) as part of measures to rescuscitate the ailing firm.Finance and Economic Development Minister...
Mobile operator Telecel Zimbabwe has announced that it will be launching a point-based competition, Bundle Mania promotion, for registered subscribers who purchase WhatsApp, Facebook, MegaBoost and Wi...
THE National Railways of Zimbabwe (NRZ) is set to improve its monthly revenues by $1.1 million on the back of newly acquired equipment from South Africa under an interim arrangement with the parastata...
The Labour Court has ordered TM Supermarket to pay two line managers, who were fired in 2016 over $1 100 as a pro rata commission for 10 months, which the parties had agreed before the two were dismis...
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is building a $7,5 million sub-station to meet Beitbridge high's demand for power and about 25 000 residents are expected to bene...
ANGLO-AMERICAN Platinum's local unit Unki mine produced a record 165,900 platinum group mineral ounces in 2017, an increase of two percent from 162,000oz last year.The world's largest platinum produce...
The country's manufacturing sector is crying for cheap funds for re-tooling to improve performance and production of quality goods, with little success.A number of companies in Zimbabwe, and Bulawayo ...
ZIMBABWE has set a target of at least 2, 8 million foreign tourist arrivals by December compared to about 2, 4 million in 2017.Speaking during a provincial tourism stakeholders meeting held at the loc...
ZIMBABWE'S gold deliveries rose by 56.4 percent to 2 558.9 kilogrammes last month compared to 1 636.5 kg during the same period last year, official figures show.Last year, small-scale gold producers a...
Zvishavane-based Sabi Gold Mine is implementing various strategies aimed at clearing its $27 million debt, which has accumulated since 2014. Sabi has since returned to profitability and has started pa...
PIZZA Hut, an American restaurant franchise, launched in Zimbabwe last week with plans to open two more outlets, as it joins the competitive Zimbabwean fast food sector.It opened at the Ster Kinekor m...