Norton representative Mr Temba Mliswa yesterday accused chairman of the Portfolio Committee on Mines and Energy Daniel Shumba of receiving bribes from Sakunda Holdings chief executive officer Kudakwas...
Zimbabwe has paid $8 million to Eskom of South Africa and Hydro Cahora Bassa (HCB) of Mozambique to avoid losing 350 megawatts as the country battles to liquidate arrears amounting to over $50 millio...
THERE is no doubt that small to medium enterprises (SMEs) are fast becoming a key economic pillar not only in Zimbabwe but globally. No government today will ignore the interests of this promising sec...
THE ongoing cash shortages in the economy has forced several manufacturing companies to seek foreign currency from illegal dealers popularly known as osiphatheleni to import raw materials.This, indust...
Financial services provider, GetBucks MicroFinance Limited (GetBucks) said yesterday its pace setting $30 million debt security has been under subscribed forcing the company to adopt another route to ...
Given we are left with four months to year end, are you on target to achieve your financial targets.What went wrong and how can you correct it? It all boils down to financial discipline. Financial di...
Higher and Tertiary Education minister Jonathan Moyo has called for increased collaborative research initiatives towards ground water resource evaluation and assessment.Moyo was officiating at the ong...
THE Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya should announce a raft of measures on how he will address liquidity challenges, as well as domestic debt, when he presents his mid-term monet...
A BUSINESS consortium comprising of South Africa's Transnet and the Diaspora Infrastructure Development Group (DIDG) has reportedly won a bid to partner the National Railways of Zimbabwe (NRZ) in a $4...
British American Tobacco Plc faces a formal probe by the UK's Serious Fraud Office following reports that the maker of Dunhill cigarettes bribed African government officials to influence tobacco le...
The funeral assurance sector registered a 56 percent growth in net profit to $2,54 million for the year ended March 2016 as claims dropped, the industry regulator said on Monday.Insurance and Pensions...
The Zimbabwe Anti-Corruption Commission (ZACC) said on Monday due to lack of funding, it is based in Harare only yet corruption happens all over the country.ZACC chairperson Job Whabira told the Parli...
The Zimbabwe Stock Exchange's mainstream Industrial Index continued in the positive, gaining 1.18 points to close at 204.43.CFI led the risers, going up $0, 0745 to trade at $0, 4470, while seed produ...
GetBucks MicroFinance Bank Ltd says it will now issue the second series of its bond listing by way of a tap issue after low uptake.The second series of its medium-term note listing was aimed at raisin...
The Confederation of Zimbabwe Industries in conjunction with the Zimbabwe Economic Policy Analysis and Research Unit have begun a study on soya value chain that is expected to ascertain the linkages w...
The prognosis that the South African economy is in dire straits is pretty obvious even to the untrained eye. The solution to the country's present predicament is also pretty much understood.The Intern...
British tycoon Nicholas Van Hoogstraten says his investment vehicle - Messina Investments - notified the Zimbabwe Stock Exchange (ZSE) of its intention to buy out CFI Holdings minorities despite clai...
The Morgan Tsvangirai-led MDC - which has not been spared by the economic meltdown - has hit hard times, casting doubts over its capacity to withstand the well-oiled Zanu-PF machinery in the 2018 elec...
INDUSTRIALSThe Industrial Index continued in the positive trend gaining 1.18 points (0.58%) to close at 204.43 points. CFI (CFI.zw) went up by $0.0745 to trade at $0.4470, SEEDCO (SEED.zw...
THE Zimbabwe Football Association (Zifa) plunged into fresh problems yesterday after its official account with Steward Bank Limited was placed under a garnish order by Harare High Court judge Justice ...
MDC-T leader Morgan Tsvangirai's planned coalition with his National People's Party (NPP) counterpart Joice Mujuru has reportedly hit turbulent waters in what insiders claim are disagreements over the...
ZIMBABWE'S trade deficit in the first half of the year narrowed by 5% to $1,3 billion, an indication that the country continues to rely on foreign-produced goods in spite of government efforts to halt...
A CHINESE delegation of agricultural experts is expected to visit Zimbabwe soon to conduct a research on exporting locally produced oranges to China.Chinese Ambassador Mr Huang Ping revealed this duri...
Financial Highlights:– Revenue $ 11 900 589– Loss from operations $ (216 140)– Loss before tax $ (232 725)– Loss for the period $ (153 919)– Dividend per share Nil– Total comprehensive los...
Dangote Cement, Africa's largest cement producer, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 percent increase in sales volume across Africa. In t...