FORMER Local Government minister, Ignatius Chombo, was yesterday removed from remand in a case he is accused of illegally facilitating the sale of a government house in Mutare to ex-Zanu-PF legislator...
SPEAKER of the National Assembly Jacob Mudenda has slammed Zanu-PF MPs for disrupting Parliament's portfolio committee meetings chaired by MDC legislators saying the development contradicted President...
The Reserve Bank of Zimbabwe (RBZ) has released US$23,89 million for the purchase of fuel to be sold in local currency for the week March 16 to 22. RBZ governor Dr John Mangudya made the announcement ...
President Mnangagwa has said that travellers from ‘high risk countries' will be quarantined for 14 days before they can mingle with Zimbabweans as Zimbabwe upped efforts to stop the spread of COVID-...
The stock market fell further on Tuesday as the market breadth turned negative. Foreign participation remained insignificant and local liquidity remained restricted with turnover closing at $17.9m whi...
About 1.2 million people in Zimbabwe have given up on securing employment, the Zimbabwe National Statistics Agency (Zimstat) has said as it reported that the national unemployment rate stood at 16 per...
Zimbabwe has suspended the transfer of local shares in dual-listed companies to foreign bourses, one of the main ways citizens and businesses have been able to obtain dollars as inflation wipes out th...
Bureaux De Changes will be required to trade only through an online retail foreign currency platform with the trades being fed in real-time to a central monitoring server, according to new rules which...
Old Mutual Limited fell 19.91% on Monday as the stock market reacted to Government's latest measures to stabilise the exchange rate. Yesterday, the Ministry of Finance and Economic Development s...
Zimstat has resumed the publication of annual inflation data following the lapsing of a twelve-month suspension. The year on year inflation measured by all items CPI came in at 540.16% from 59.39% of ...
Finance and Economic Development Minister Mthuli Ncube has suspended fungibility on dual listed shares for a period of twelve months as part if efforts to stabilise the exchange rate. This comes as go...
Government has gazetted a statutory instrument which directs that all classes of deposits in the banking system, should be indexed to treasury bill yields as part of efforts to promote fair compensati...
The Securities and Exchange Commission of Zimbabwe says it will undertake an audit of all transaction inflows on dual listed shares that were consummated with effect from June 1, 2019. This comes amid...
The Reserve Bank of Zimbabwe and the Tobacco Industry Marketing Board have announced payment modalities to tobacco farmers although failing to meet all of the demands, which had been put forward by th...
Zimbabwe Stock Exchange shares continued their advance with the benchmark index rising past the psychological 500 level. This comes as the market is awaiting the introduction of the Reuters market mar...
GOVERNMENT has introduced a Reuters system for foreign currency trading which allows banks to trade freely as a way of stabilising the exchange rate as well as bringing down inflation to sustainable l...
Econet Wireless on Wednesday raised its data prices by 23 percent, as the Zimbabwe dollar continues its slide.According to ZimTechreview, the company said its voice tariffs remained unchanged.Econet, ...
Lafarge has budgeted US$25 million for its expansion project which will double capacity by year-end 2022. The expansion plan kicked off this morning at a ground-breaking ceremony for a Dry Morta...
BRITAIN is turning up the heat on President Emmerson Mnangagwa and his government to urgently implement much-needed political and economic reforms, as well as end corruption and human rights abuses in...
PRESIDENTIAL Affairs minister Joram Gumbo was never arrested for criminal abuse of office, but he was just being interviewed on the goings on in parastatals which fell under his previous ministry and ...
GOVERNMENT has fired 77 doctors who have been on strike for better conditions for over two months while disciplinary action against the other medical professionals on industrial action is still ongoin...
THE opposition MDC has defended its MPs who recently attended a government organised pre-budget seminar in Victoria Falls, where an estimated US$5 million was blown in less than a week.Amid a backlash...
ZIMBABWE Miners Federation president Henrietta Rushwaya has called on government to re-align mining laws to decriminalise the possession of gold to increase production by artisanal miners.Speaking at ...
The Zimbabwe Consolidated Diamond Company (ZCDC) yesterday said the decision by the United States to issue a withhold release order (WRO) for artisanal rough cut diamonds from Marange was impacting ne...
CIVIL servants have threatened to completely down tools and escalate their fight for better wages after police yesterday blocked their march to hand over petitions to Finance and Labour ministers.The ...