ZIMBABWE's economy has continued to shrink, leading to growing unemployment and significant underemployment, an international research body has said.A recent Business Monitor International (BMI) repor...
By Staff reporter | Published: 01 August 2017
BEITBRIDGE Town Council (BTC) has applied to the Ministry of Local Government, Public Works and National Housing seeking approval to borrow up to $300 000 towards constructing a modern bus terminus in...
By Staff reporter | Published: 01 August 2017
MATABELELAND provinces received the highest amount in diaspora remittances last year, new figures show.Matabeleland South came top accounting for 31,4 percent followed by Matabeleland North which acco...
By Staff reporter | Published: 01 August 2017
THE private equity units of Rand Merchant Bank (RMB) and Investec Asset Management are tying up a multi-million-pula deal to buy 10 Botswana companies that are mostly suppliers to the Choppies Group a...
By Staff reporter | Published: 01 August 2017
The Government says plans are underway to extend Statutory Instrument 129 of 2016, which provides a temporary window for exportation of raw hides.SI 129/2016 expired in March this year. The regulation...
By Staff reporter | Published: 01 August 2017
FIERCE jostling over chrome mining claims has gripped the Midlands province as calls intensify for Government to intervene and restore sanity in the sector.With prospects for improved chrome prices on...
By Staff reporter | Published: 01 August 2017
A LOCAL mining and industrial equipment manufacturer, Shepco Group, needs about $2 million for retooling so as to expand its operations.The engineering firm operates two divisions - Shepco Industrial ...
By Staff reporter | Published: 01 August 2017
SMALL-scale miners' gold deliveries to Fidelity Printers and Refiners rose to 1 045 kilogrammes in June 2017 from 874.9kgs in May surpassing monthly output by primary producers for the first time in s...
By Staff reporter | Published: 01 August 2017
President Mugabe has ordered the reinstatement of more than 2 000 youths who had been retrenched from Government without Cabinet approval.Most of the young people were employed as youth and gender off...
By Staff reporter | Published: 01 August 2017
Chitungwiza Municipality has resorted to targeting workers who are experiencing health problems and those nearing retirement in its efforts to right-size the organisation.The local authority is in the...
By Staff reporter | Published: 01 August 2017
Delays by the Labour Court in ruling in a matter pitting former NMBZ Bank chief executive Mr James Mushore and Harare City Council has so far cost council over $165 000 in salary and benefits to the f...
By Staff reporter | Published: 01 August 2017
ENERGY and Power Development ministry permanent secretary, Partson Mbiriri says the construction of the Kariba South Extension project is now 91% complete, with the first installation of 150MW ready f...
By Staff reporter | Published: 01 August 2017
Zimbabwe's cotton output will be lower than expected this year due to a number of factors including excessive rains, which have made crop management and pest control a challenge.The country was expect...
By Staff reporter | Published: 01 August 2017
The value of RTGS transactions through the NPS increased by three percent from $1.10 billion to $1.13 billion in the week ending July 14, 207, central bank data shows. In its weekly report for the per...
By Staff reporter | Published: 01 August 2017
High powered business delegations are expected in the country this Tuesday ahead of the Confederation of Zimbabwe Industries (CZI) annual congress.The business delegations from India and Turkey confir...
By Staff reporter | Published: 31 July 2017
Amazon founder Jeff Bezos surpassed Bill Gates as the world's richest person on Thursday … at least for a few hours.Shares of the online retailer had surged as US markets opened, and climbed as much...
By Staff reporter | Published: 31 July 2017
Pick n Pay has cut 3500 jobs as part of a voluntary severance programme the retailer started in April to save costs amid a recession.The job cuts - equal to 10% of the retailer's total workforce of 35...
By Staff reporter | Published: 31 July 2017
Anheuser-Busch (AB) InBev is owed more than $40m in dividend payments from its Zimbabwean associate Delta Corporation, as the foreign currency crisis in that country worsens.Speaking on the sidelines ...
By Staff reporter | Published: 31 July 2017
MultiChoice Zimbabwe has been caught up in the country's foreign currency crisis, threatening service provision to DStv viewers in the country. The pay per view subscribers have been struggling to pay...
By Staff reporter | Published: 31 July 2017
The local bourse's mainstream industrial index opened the week on a higher note after gaining 1.19 to close at 203.25 as Simbisa led the risers with a $0, 0250 gain to trade at $0, 2500.Telecoms giant...
By Staff reporter | Published: 31 July 2017
The Insurance and Pension Commission has come up with a micro-insurance framework which provides for less stringent registration requirements as the commission works on reducing unregistered funeral a...
By Staff reporter | Published: 31 July 2017
The Czech Republic may kick off Europe's monetary-tightening cycle this week, jumping ahead of its peers after three years of radical stimulus fueled price growth that's sputtered on the rest of the c...
By Bloomberg | Published: 31 July 2017
Anglo American Plc, Rio Tinto Plc and BHP Billiton Plc underpinned the advance in the Storks Euro 600 Index as miners also propelled the MSCI All Country World Index toward a ninth month of gains. HSB...
By Bloomberg | Published: 31 July 2017
Zimbabwe could have done itself a huge favour when it 'dollarised' around 2009 by adopting the 'full dollarisation' method, University of Zimbabwe (UZ) lecturer and economist Dr Pheneas Kadenge has s...
By Staff reporter | Published: 31 July 2017
Government has launched the Command Water Harvesting which is aimed at transforming livelihoods of people in communal and farming areas.Under the programme, there shall be construction of dams and als...
By Staff reporter | Published: 31 July 2017
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
