LEGISLATIVE watchdog, Veritas, has said the Lupane East by-election will count as yet another failure by government to comply with the country's Constitution.President Emmerson Mnangagwa, by proclamat...
Seed Co Limited posted an after-tax-profit of US$90,7 million in the year ended March 31, up from US$21,4 million recorded in the prior year, driven by an increase in revenue.Revenue was up 16% to US$...
ARISTON Holdings Limited (AHL) says Cyclone Idai damaged the company's plantations in the Eastern Highlands, with early indications suggesting that the damage could be worth US$1,5 million."In March 2...
LISTED manufacturer and distributor of farming implements, Zimplow, says its revenue grew by 86% to $29,8 million in the first five months of 2019, driven by an improvement in volumes across the group...
The presidential anti-corruption special prosecution unit has dumped the matter in which the Postal and Telecommunications Regulatory Authority of Zimbabwe director-general Gift Machengete is being ac...
THERE was mayhem at Agribank Mvurwi and Voedesel Tobacco Company on Wednesday afternoon after tobacco farmers failed to access their hard-earned money supposedly transferred into their bank accounts b...
DEFUNCT steel manufacturer, Ziscosteel, is set to get a new board of directors after Government retired the entire old board that had been in office for more than a decade. Industry and Commerce Minis...
PENSIONERS might have to wait a bit longer before they receive their monthly pay outs, which were due yesterday, the National Social Security Authority (NSSA), said yesterday. It said the delay was ca...
LISTED hospitality group, African Sun (Pvt) Limited, says its business has been growing since last year in response to positive business sentiment under the new dispensation. The group was estab...
HARARE's prime talk radio station, Capitalk 100.4FM, is set to host its first live interview with President Mnangagwa today, with various issues confronting the economy such as price increases and cur...
GOVERNMENT plans to improve the interconnectivity of the National Railways of Zimbabwe with other countries in the region to improve the parastatal's market share and revenue, a Cabinet Minister said ...
Zimpapers has launched a dial-a-number concept aimed at delivering newspapers to its customers at their homes in Harare and Bulawayo during weekends. Zimpapers circulation manager Mrs Liz Mushonga yes...
AFTER subjecting more than a thousand regular police officers to paramilitary training, purchasing an assortment of weapons, including AK assault rifles and sniper rifles, government has moved to acqu...
THE Zimbabwe National Army's Military Intelligence (MI) unit has placed on its watchlist several civil society activists it claims are conniving with United States to unseat President Emmerson Mnangag...
INFLATION could end the year around 280% and may rise to stratospheric levels thereafter if a new currency is introduced without preceding macro-economic fundamentals, a local research firm has said.Y...
PRESIDENT Emmerson Mnangagwa's remarks over the weekend that Zimbabwe would have a fully-fledged local currency before the end of the year, ending the multi-currency regime enacted in 2009, effectivel...
GOVERNMENT is reviewing the eligibility of only 35 cases for compensation in the aftermath of the August 1 2018 shootings, amid growing frustration from aggrieved victims, who say the process is movin...
PAYNET, a subsidiary of Mauritian financial services provider Payserv Africa, has suspended all local financial institutions from its transacting platform after they refused to pay in foreign currency...
"OUTPUT in Zimbabwe is expected to contract in 2019 with a sharp rise in inflation reducing real incomes and foreign exchange shortages constraining activity," the World Bank reports in its Global Eco...
ZIMBABWE'S outdated air traffic control system is putting lives of passengers in danger as it exposes planes to possible collisions, aviation experts have said.The archaic system also exposes the coun...
TRANSPORT group Unifreight Africa Limited allegedly prejudiced its shareholders on the Zimbabwe Stock Exchange (ZSE) an estimated US$18 million wired into an offshore account in the United Kingdom (UK...
GOVERNMENT'S plans to unveil a new currency by year-end without addressing macro-economic fundamentals could be catastrophic, while the proposed local unit risks suffering the same fate as the defunct...
Whilst a single sovereign currency regime might be the way to go, own currency may not deliver desired results if we do not address what is currently weighing down our pseudo-currency (RTGS$) - the st...
PRESIDENT Emmerson Mnangagwa's administration's failure to address the economic challenges bedevilling the country - despite lofty promises - could have been described as spectacular if it were not so...
This week I was engaged in an interesting debate with fellow economists, on how Zimbabwe's economy can enter the 21st century. For a country whose future economic revival, I have suggested in my past ...