THE National Social Security Authority (NSSA) might never fully recover millions of dollars worth of investment into Beitbridge Hotel, now a white elephant after former tenant Rainbow Tourism Group va...
Police have launched a manhunt for two senior officials from a local company, ASA Resource Group Plc, on allegations of defrauding Bindura Nickel Corporation Mine (Trojan Nickel Mine) in Bindura of mo...
The Grain Marketing Board's commercial milling division is threatening the viability of private millers amid revelations the parastatal is not paying for grain drawn from the strategic reserves. In a ...
CRAFT Properties, the largest real estate company in Kadoma, says work has commenced in earnest at its agro-residential plots project. The agro-residential plots are situated at Mandalay of Sabonabona...
A FIERCE clash between Fidelity Life (Fidelity) and hundreds of its customers over contractual differences at the company's South View Park project has escalated to cabinet level amid information a gr...
THE Construction Industry Pension Fund has plans to construct a state of the art shopping mall in Harare's western satellite town of Norton. CIPF has already opened the tendering process whose adjudic...
A CHINESE firm has been awarded the tender to construct National University of Science and Technology (NUST) student hostels, the Infrastructural Development Bank of Zimbabwe (IDBZ) has said.In a stat...
Zimbabwe has 16 power projects at various stages of construction with a potential of generating 6 000 megawatts of power when complete which is significant towards ending the power deficit within the ...
Zimbabwe's ruling elite has diverted the country's vast diamond riches to help fund repression by dodging sanctions and raising money for security forces, an anti-corruption campaign group alleged Mon...
First Lady Grace Mugabe has reportedly denied that she assaulted a young South African model Gabriella Engels, 20, after she allegedly found her with one of her two sons Bellarmine Chatunga at a hotel...
In celebration of the tenth anniversary of the iPhone, leaks point strongly to Apple launching a new premium smartphone called the “iPhone X” at an event on Tuesday.It is believed the 'X' - standi...
INDUSTRIALSThe Industrial Index extended the gains adding 14.40 points (5.02%) to settle at 301.03 points. INNSCOR (INN.zw) put on $0.1420 to end at $1.0125, NATIONAL FOODS (NTFD.zw) was up by $0.0973...
The increasingly threatening rhetoric between Zimbabwe and South Africa over the legacy of Nelson Mandela - who guided his country from the shackles of apartheid to multi-racial democracy - risks trig...
First Lady Grace Mugabe has pleaded with her detractors to stop smearing the image of President Robert Mugabe's Alpha Omega Dairy (Pvt) Ltd saying it is negatively affecting business.The business came...
The on-going Zanu-PF youth rallies have been a windfall to Alpha Omega Dairy Private Limited owned by President Robert Mugabe's family as the youth league is reportedly buying from it all dairy produc...
MOONLIGHT Funeral Services yesterday officially opened a newly refurbished wing at its Gweru branch where it has invested $100 000.The company is rolling out a refurbishment exercise across its branch...
COMPANIES will this week start drawing down the $600 million nostro stabilisation facility that the Reserve Bank of Zimbabwe (RBZ) successfully negotiated from the African Export Import Bank.In the 20...
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has mobilised $8.1 million through private placement of housing bonds and would before the end of the year roll out massive housing development p...
THE National Building Society (NBS) has constructed 3 000 houses so far this year through its housing mortgage scheme.The building society, which is wholly owned by the National Social Security Author...
INDIAN companies are set to invest $3,9 million towards supporting Small to Medium Enterprises, as part of efforts to forge co-operation with local businesses and creating avenues to markets for their...
Tanzania said on Saturday it planned to nationalise diamonds whose value it put at $29.5 million belonging to a mine majority owned by London-listed Petra Diamonds after it accused the miner of under-...
ZIMBABWE'S microfinance industry appears to be gaining public confidence if latest statistics are anything to go by.Despite being blemished by a culture of usurious interest rates and repossession of ...
THE Zimbabwe Stock Exchange continued to rally unabated with total market capitalisation reaching fresh highs of $8 billion last Friday.The mainstream Industrials Index recorded the year's biggest one...
Some beneficiaries of the land programme resettled under models A1 and A2 in Masvingo are set for a collision course with Government, as they have vowed not to pay land rentals pegged by the State cit...
THE Securities Act is being amended to give the Securities Exchange Commission of Zimbabwe (SECZ) powers to regulate listed companies.SECZ chief executive officer, Tafadzwa Chinamo said it was an anom...