NMBZ Holdings has increased its portfolio of Treasury Bills (TBs) by 27,1% during the year to December 31,2018 to US$117,2m. In 2017, the group's TBs holding stood at US$92,2m.The financial results fr...
The country's oldest financial institution, Standard Chartered Bank Zimbabwe (StanChart), is planning to strengthen its franchise by rolling out its first digital banking platform for its retail custo...
THE National Railways of Zimbabwe (NRZ) has dismissed media reports suggesting that some of the parastatal's top managers were sabotaging the US$400 million recapitalisation project to save their jobs...
Tea growers in Honde Valley are seeking assistance to buy equipment to speed up the pruning of their plants in preparation for the resumption of production in September. Honde Valley Tea Growers Assoc...
GOVERNMENT is in the process of contracting more wheat farmers for the winter cropping season, an Agritex official has said. Manicaland Agritex Livestock and Crops officer Mr Cephas Mlambo said they w...
The Ministry of Mines and Mining Development has dispatched the Gold Mobilisation National Taskforce to the country's eight mining provinces in a bid to shore up deliveries to state buyer, Fidelity Pr...
Government has said there is no 'blanket prescription' for the disposal of public assets, but will leverage on the Zimbabwe Stock Exchange (ZSE) to commercialise several state enterprises. It expects ...
Cabinet has resolved to avail foreign currency to manufacturers of basic goods for the acquisition of raw materials so as to arrest the unjustified price increases obtaining in the country. The decisi...
ZIMBABWE'S main opposition party the MDC and labour federation the Zimbabwe Congress of Trade Unions (ZCTU) have both threatened rolling mass action "to bring independence" to the country.MDC leader N...
ZANU-PF youth league yesterday threatened to deal with shops which are increasing prices of goods saying they want people to demonstrate and overthrow the government.This comes as the cost of living i...
President Emmerson Mnangagwa yesterday met members of the Presidential Advisory Council (PAC) amid the deteriorating economic situation in the country which has seen prices of basic goods skyrocketing...
A HARARE man has dragged the Zimbabwe Defence Forces (ZDF) commander Edzai Chimonyo to the High Court demanding $15 000 compensation, claiming he was abducted and assaulted by soldiers in November 201...
IN SPITE of the hair-raising threats issued by Home Affairs minister Cain Mathema on Monday, government has been told to brace for wildcat protests as the country's embattled workers demand solutions ...
MDC bigwigs vying for top positions at the party's looming congress will next week come under scrutiny when they meet ordinary members to pitch their plans ahead of the big gathering set for Gweru lat...
THE Nelson Chamisa-led MDC yesterday said the requirement by the Tsvangirai family not to bring regalia has no effect because all MDC members are also the Tsvangirai family.The family of the late MDC ...
INDUSTRY and Commerce minister Mangaliso Ndlovu, pictured, has allayed fears government is interfering with the interbank market exchange rate saying such accusations are unfounded. This comes after c...
CBZ Holdings Limited reported that its asset base grew to US$2,44 billion in the full year to December 2018 from US$2,1 billion in the previous year, making it one of the largest companies by asset si...
ZB Financial Holdings says it has successfully mobilised offshore lines of credit to support the productive sector of the economy as the group increased its profit after tax by 54% to US$21,8 million ...
MDC Midlands province has been ordered by the party's national organising committee to re-run district congresses where the electoral process was marred by irregularities.Takavafira Zhou, the MDC Midl...
The newly-constructed 2,4km West Road in Tshovani Township in Chiredzi, which was funded by the Zimbabwe National Road Administration (Zinara) at a cost of ZWL$510 000 and commissioned by Masvingo Pro...
ECONOMIC analysts have called for the sub-division of the Zimbabwe International Trade Fair (ZITF) into sector-driven fairs as the business exhibition is struggling to attract big international corpor...
A HARARE magistrate has set May 17 as the day he will make a ruling on MDC Alliance activist Paddington Japajapa, who is accused of inciting the political violence which rocked the capital on August 1...
Since its formation in the late 1970s, the United African National Council (UANC) led by then Zimbabwe-Rhodesia leader Bishop Abel Muzorewa disappeared, only to resurface in 2018 under the leadership ...
Gweru City Council has announced plans to decommission its major supplier, Gwenhoro Dam, by October as the water source is left with only six months' supplies, a senior council official has said.Actin...
ZIMRE Property Investments Limited (ZPI) says the restructuring of its portfolio led to a loss of US$1,42 million for the year ended December 31, 2018 from a profit after tax of US$2,48 million in the...