Sacked Air Zimbabwe (AirZim) workers have rejected the parastatal's retrenchment package, saying it had been imposed on them in violation of the Labour Act.The Daily News on Sunday can exclusively re...
Some microfinance institutions are now accepting livestock as collateral to help rural-based and young entrepreneurs access project financing, Standardbusiness has learnt.Since the start of the year, ...
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya recently made d three disheartening statements concerning the current liquidity crisis.He said civil servants should not bother commercial banks...
INDIGENISATION minister Patrick Zhuwao is demanding a review of the sale of Barclays Bank of Zimbabwe to a Malawian financial institution, saying the deal might have violated Zimbabwe's laws, it has ...
The government's swift move to bar Econet Media's pay TV service last week was predictable, but deeply worrying because the regime is once again demonstrating that it is averse to reforms.Editorial C...
Farmers' organisations say the over $1 billion that is injected annually into agriculture by banks is not serving its purpose as their members continue to struggle to access funding due to stringent r...
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says the country has big spenders of foreign currency who lack the entrepreneurship to generate export receipts.Mangudya told guests at a fundrai...
GOVERNMENT is intensifying efforts to boost electricity generation, with over US$151 million worth of new small hydropower projects lined up while US$154 million has been secured for the repowering o...
THE Zimbabwe Electricity Regulatory Authority (Zera) has licensed Indo-Africa Power to construct, own, operate and maintain a solar power plant in Mutorashanga.In a statement on Wednesday, Zera said ...
All students at institutions of higher and tertiary learning who are struggling to pay fees will start getting loans from September 2017 under a US$1 billion Government facility.CBZ, ZB and NMB banks;...
FIRST Lady Grace Mugabe faces the risk of prosecution in spite of her diplomatic immunity, as South Africa's Foreign States Immunities Act of 87 of 1981 states that if "death or injury" is committed,...
THE manufacturing of poultry feeds continued to dominate the stockfeed industry during the second quarter of 2017 with a monthly average of 22,473 metric tonnes worth $15,5 million, an industry offic...
Foreign direct investment to Zimbabwe doubled in the first half of 2017 compared to the same period last year following President Mugabe's clarification of the National Indigenisation and Economic Em...
THE National Building Society (NBS) is targeting to fund the construction of 10 000 high to medium density housing units by the end of this year after partnering with private property developers to ad...
Standard Chartered (StanChart) has announced the appointment of Kweku Bedu-Addo, as new chief executive of South Africa and southern Africa.The region comprises Angola, Botswana, Mauritius, Zambia an...
MDC-T leader Morgan Tsvangirai yesterday ruthlessly dealt with intra-party violence, suspending party national organising secretary Abednico Bhebhe, but kept deputy treasurer-general Charlton Hwende ...
GOVERNMENT says it will engage mining companies with a view to gain their buy-in on its intention to increase the threshold of mining royalties for most minerals to between 10 and 15 percent.The move...
Government and Geiger International are expected to meet all preconditions set to kick-start dualisation of the $1 billion Harare-Beitbridge Highway by end of September, a senior Government official ...
FINANCE and Economic Development Minister Patrick Chinamasa yesterday launched a $5,7 million state-of-the-art Kupinga hydropower station which has a rated capacity of 1,6MW.The small hydro power sta...
LISTED clothing group Edgars Stores Limited expects an increase in sales contribution of about two percent annually after investing $500 000 in revamping its Stanley House branch in the Harare's cent...
REFRIGERATION and Air Conditioning Services (Ref-Air) has engaged the Ministry of Industry and Commerce seeking support in raising $300 000 for retooling so as to meet export needs.The Bulawayo-based ...
SMALL holder farmers have been urged to increase goat rearing as the animals are tolerant to drought and could assist communities' resistance to socio-economic shocks.Beitbridge Rural District Counci...
Cement manufacturer PPC has recorded the highest production volumes in Zimbabwe for the first time in 18 years following the opening of a new $82 million plant in Harare.The group's interim chief exe...
Arise, an investment company formed by a partnership between Norfund, a Norwegian investment fund, FMO, a Dutch development fund and Rabobank, a Dutch commercial bank, is now NMBZ's second largest sh...
Zimre Property Investment (ZPI) is planning to invest over $20 million in construction projects across the country, the company has announced.Company chairperson Jean Maguranyanga yesterday said ZPI ...