MDC leader Nelson Chamisa says President Emmerson Mnangagwa needs the opposition's contribution to successfully address the economic challenges facing the country.Chamisa yesterday toured the high-den...
Chrome mining and smelting company, Afrochine Smelting, has been taken to the High Court by NR Barber (Private) Ltd, for allegedly unlawfully removing its chrome ore worth US$7 million.Afrochine Smelt...
Chief Justice Luke Malaba has implored High Court judges to expeditiously deal with corruption cases to ensure that the matters are disposed of, adding its reputation "depends entirely on how these ca...
CITING the emergence of new developments, the State yesterday sought postponement of the matter in which former Health minister David Parirenyatwa allegedly removed from her position, Natpharm managin...
ZIMBABWE last week made its interim currency, the RTGS dollar, the country's sole legal tender, drawing the curtains on a decade of United States dollar dominance. Harare was forced to abandon its own...
President Emmerson Mnangagwa has threatened to come down hard on shops that are refusing to slash prices after his government last week dumped the decade-old multi-currency system and re-introduced th...
Telone trimmed its debtors' book by 7% from $162 million in 2017 to $151 million in 2018, but is still struggling to recover debts owed by government departments and parastatals totalling $93 million ...
Some illegal foreign currency dealers have been pushed out of "business" as Statutory Instrument (SI) 142 of 2019 effects continue to hold fort on the foreign exchange market, forcing rates to tumble....
THE Grain Millers' Association of Zimbabwe (GMAZ) is considering eliminating the role of wholesalers in the distribution of basic commodities to make them affordable to consumers. Addressing retailers...
Government says the sharp hike of the overnight bank rate by the Reserve Bank of Zimbabwe to support the domestic currency will discourage borrowing for currency speculation as well as protect the val...
MOBILE communications company NetOne has partnered a youth leadership organisation, Elevate Trust, in training 75 local software developers in a programme that was launched by Google to train thousand...
THE Zimbabwe Anti-Corruption Commission (ZACC) - for long been rapped for being a toothless bulldog - now has arresting powers as Government takes giant strides in its quest to tackle the scourge of c...
THE interbank exchange rate has surpassed parallel market rates with some banks offering more in local currency for those exchanging their foreign currency. Government last week outlawed the use of mu...
THE country's largest telecommunications firm, Econet Wireless Zimbabwe, believes that the country will conquer the immediate economic setbacks and attain a brighter future. Group chairman, Dr J...
GOVERNMENT has started implementation of a tracking system to stem leakages in the supply of fuel that have exacerbated shortages that are being experienced in the country, a Cabinet Minister said yes...
A new pharmaceutical manufacturing plant is set to be constructed in Mt Hampden, about 20km north-west of Harare, in a development expected to cut reliance on foreign drugs and create more jobs for ci...
Zambia and Zimbabwe will start building the 2 400MW Batoka Gorge hydropower plant next year, a company jointly owned by the two governments said yesterday. The Batoka project involves construction of ...
Zimbabwe Miners' Federation (ZMF) president Henrietta Rushwaya has lost the presidency of the small-scale miners' body after her appeal was dismissed by the Supreme Court. Ms Rushwaya had earlier been...
Eskom has confirmed that payment from Zimbabwe regarding outstanding debt is reflecting in the power utility's account. Earlier on Tuesday, Fin24 reported that Zimbabwe Energy minister Fortune Chasi p...
A 38-year old Rushinga man recently appeared in court for insulting President Emmerson Mnangagwa.Morgan Muchemwa of Rushinga in Mashonaland Central Province recently appeared before magistrate Tendai ...
AS power shortages escalate with devastating effects on both domestic and industrial use, power utility Zesa Holdings (Zesa) has threatened to cut supplies to defaulting users including political heav...
THE country's fuel crisis is getting worse as long winding queues have begun to resurface across the country, a week after government banned the use of the multi-currency system.Deputy Energy minister...
Leader of the smaller MDC Thokozani Khupe has said the new monetary policy highlighted by the ending of a 10-year multi-currency system, does not demonstrate a long term plan with a defined path to so...
THE water crisis in the second largest city is set to worsen after the local authority said the ongoing power challenges have grossly affected its pumping capacity.The city council introduced a 36-hou...
The government will never repeal Statutory Instrument (SI) 142 of 2019 which bans the use of foreign currencies as legal tender and makes the RTGS the country's sole legal tender - Justice minister Zi...