Zimbabwe teachers said yesterday they would not be returning to their work stations next Tuesday when the schools open for the second term, unless the government reviewed their salaries.Progressive Te...
TENSIONS continue to rise in Zimbabwe, with the government seemingly at sea about how to deal with the worsening economic situation in the country which has seen the prices of basic goods shooting thr...
STANDARD Chartered has retrenched more than 100 employees with more lay-offs planned as the bank has begun outsourcing some of its operations in Zimbabwe to countries such as Kenya, Malaysia, China an...
The inability by foreign investors to repatriate capital and disinvestment proceeds from the country is hampering the performance of the Zimbabwe Stock Exchange, amid reports custodians are threatenin...
Delta Corporation has invested close to US$4m in its barley contract-farming scheme, targeting a yield of 35,000 metric tonnes this year and with an objective of earning foreign currency from malt exp...
COAL miner Makomo Resources says its output could increase significantly if the government allows the company to retain 100% of the revenue generated from exports.Director Raymond Mutokonyi told busin...
STRIVE Masiyiwa has pocketed close to US$100 million as dividend payouts from his investment in Econet Wireless Zimbabwe (EWZ) since 2009, businessdigest has established.According to Econet Wireless Z...
A UNITED Kingdom-based international financial consultancy firm, ICG Capital and Finance Corps Limited - in partnership with five top-tier United States banks - has tabled a US$5 billion debt restruct...
A CHINESE owned company, Tiens International Group, plans to open a new sanitary wear plant in Bulawayo, whose products they claim have reproductive system healing qualities. The firm participat...
Most mining and agriculture sector workers are among the least-paid despite working under hazardous conditions that threaten their lives and health, the Zimbabwe Environmental Law Association (Zela) h...
Zimbabwe's tax agency says it is concluding implementation of its fiscalisation programme and that it will undertake the exercise without affecting business.The fiscalisation programme, which is aimed...
Zimbabwe has entered into a US$2 million agreement with Japan, targetted at smallholder agriculture as part of efforts to revive the sector.The Zimbabwe Smallholder Horticulture Empowerment and Promot...
AN MDC special committee has been put in place to deliberate on issues raised by some members to the party's national executive council (NEC), who are unhappy about the way the just-ended provincial c...
Former Grain Marketing Board (GMB) workers are at loggerheads with the lawyer who represented them after they were sacked on three months' notice in 2015 following the landmark Supreme Court ruling.Th...
Lafarge Cement Zimbabwe Limited reversed its prior year-after-tax loss of US$0,6 million to a profit margin of US$1,3 million in the year-ended December 31, 2018, driven by growth in revenue and an e...
THIS week, we carried a story in which President Emmerson Mnangagwa came to the rescue of 20 000 villagers who were being evicted from a piece of land in Domboshawa, where a Chinese miner wants to sta...
Harare City Council has opened talks with its workers for a cost of living adjustment following a recent spate of price hikes that have eroded workers' incomes.Minutes of the council's joint finance a...
LABOUR and Social Welfare minister Sekai Nzenza says the establishment of a tripartite negotiating forum (TNF) would assist in addressing the plight of workers and in solving the economic crisis.Addre...
PROSPECT Resources (Prospect) says it is currently reviewing multiple financing strategies for its Arcadia lithium project in Zimbabwe.The project is one of the largest hard-rock lithium resources in ...
CEMENT producer PPC Zimbabwe has, in the last five years, spent over US$140 million in plant refurbishments and it aims to invest some of its dividends in government bonds to increase local procuremen...
LAFARGE Cement Zimbabwe has projected high demand for cement in the country this year on the back of growing housing developments despite rising inflationary pressures. In a statement accompanyi...
AT least 900 white former commercial farmers who lost land during the country's agrarian reform have registered for compensation as Government intensifies efforts to pay them for improvements they mad...
ZIMBABWE needs to urgently diversify its exports as a strategy to narrow the trade deficit and widen opportunities for increased foreign currency earnings, ZimTrade chief executive officer, Mr Allan M...
It is not every day that you see an industry regulator defending the prices of products and services offered by industry players that it regulates. But this is exactly what the Postal and Telecommunic...
A DEAL in which Indian firm, Whinstone Enterprises, was set to pour in funding into Lancashire Steel in a joint venture arrangement, has crumbled after the firm failed to follow laid down Government p...