THE People's Own Savings Bank (POSB)'s chairperson Mathilda Dzumbunu says the bank's partial privatisation has moved an inch closer amid revelations that a transaction advisory services consultant was...
Ministers have recently issued threats against Econet's mobile money service, EcoCash, whose agents are accused of charging desperate Zimbabweans looking for cash a massive premium of up to 60 percent...
THE Reserve Bank of Zimbabwe (RBZ) said on Friday it got offers four times more than the $100 million it sought to raise through treasury bills (TBs), signalling high investor appetite in the instrume...
In what analysts have described as a major blow to the advent of mobile money and financial inclusion, the Zimbabwean central bank has banned mobile money agencies from facilitating cash withdrawals o...
Diversified Industrial conglomerate, Innscor Africa Limited defied the challenging economic environment and reported a surge in profitability for the year to June 30, 2019, on good product mix and vol...
The Reserve Bank of Zimbabwe in partnership with other stakeholders is working on a National Fintech Strategy and has already put in place an Interagency Fintech Working Group that is expected to play...
YOUNG Miners Foundation (YMF) chief executive Payne Kupfukwa has lamented that the local mining industry was lagging behind in terms of technology, with firms using archaic and inefficient equipment.K...
TOBACCO seed sales have declined by 20%, with the volumes being the lowest since 2015, a development that could see reduced hectarage of the crop next season, a Zimbabwe Tobacco Association (ZTA) repo...
CALEDONIA Mining Corporation has bemoaned the rampant increase of illegal mining activities on properties controlled by its gold mining company, Blanket Mine in Gwanda.Blanket Mine has exploration tit...
Nelson Chamisa hailed the MDC as "the bravest, strongest and most consistent" party as the opposition movement marked its 20-year anniversary at Rufaro Stadium on Saturday.Chamisa said the MDC bore sc...
State-run Zimbabwe Electricity Supply Authority (ZESA) senior officials are expected to meet with executives from Namibia's electricity company NamPower and finalise some on-going negotiations for the...
LAST week, the Government of Zimbabwe announced that its Command Agriculture programme shall look to be financed by the banking sector. The country's planting season is already upon us. Field preparat...
The Reserve Bank of Zimbabwe has directed mobile payment system providers and merchants to discontinue cash in and cash out with immediate effect while it has also directed economic agents to disconti...
Government has reinforced legislation which formalised the use of local currency by empowering the Reserve Bank of Zimbabwe (RBZ) to issue civil penalties for contravention and also applying criminal ...
ZANU PF has confirmed being betrayed by late former President Robert Mugabe's family which secretly wheeled the ex-leader's body to Zvimba Thursday for a private burial Saturday.Mugabe's party said in...
Despite weeks of controversy and confusion regarding the burial of former Zimbabwean president Robert Mugabe, the decision was finally taken to bury him at his rural village at Kutama in Zvimba distri...
RURAL teachers have threatened fresh protests to push the government to improve their salaries.Amalgamated Rural Teachers' Union of Zimbabwe (Artuz) president Obert Masaraure said salaries for civil s...
COAL miner Makomo Resources is only getting about 50% of its foreign currency requirements for the importation of critical inputs like spares, a situation that has crippled its production, an official...
THE National Building Society (NBS) says it has applied strict cost repression measures in order to contain the effects of inflation.Zimbabwe's inflation rate has been on the rise and quickened furthe...
The body of Zimbabwe's former president Robert Mugabe was buried on Saturday in his rural village of Kutama, an AFP reporter at the scene said.The family of Mugabe gathered in his rural homestead, thr...
The ZSE retreated by 0.35% with gains in Innscor, BAT and Zimre failing to prop up the bourse against losses for blue-chips Old Mutual and Econet. At the close of trade, market turnover reached Z...
After concluding an agreement with ZETDC last month to ensure continuous power supply to the factory, Starafrica Corporation intends to recover 10% of production lost by accelerating export sales in t...
Foreign currency earnings, which constituted 45% of revenue, helped African Sun post a 765% increase in the bottom-line for the half year to June 30. This is in spite of a drop in occupancy leve...
The chartered secretary's role is just as important today as it was when the profession first emerged after the establishment of limited companies in the nineteenth century, the director general of th...
Global Credit Rating (GCR) has revised Zimnat General Insurance's national scale financial strength rating to A+(zw) Stable Outlook, from its previous rating of A-(zw).The financial strength rating (f...