The government will maintain the remaining ten percent stake in cooking oil processing firm Surface Wilmar Investments to facilitate stable pricing models and the growth of cooking oil manufacturing i...
THE government is amending the Labour Act to address concerns raised by both workers and employees following the 2015 changes to the law, Public Service, Labour and Social Welfare Minister Prisca Mupf...
THE Motor Industry Association of Zimbabwe (MIAZ) has reacted angrily to Speaker of the National Assembly Jacob Mudenda's proposal for a 150% hike on import duty for second-hand vehicles.Speaker of th...
The Reserve Bank of Zimbabwe (RBZ) is considering tightening screws on the banking sector by planning to make public bank ratings which show the health of banks to protect depositors, a senior central...
The Kariba South expansion project is at 91 percent complete amid indications that the first phase of the project will bring 150 mega watts on the national grid by December this year.The successful im...
INDUSTRIALSThe Industrial Index gained a further 0.84 points (0.42%) to settle at 202.06 points. ECONET (ECO.zw) advanced by an additional $0.0108 to close at $0.3918, SIMBISA (SIM.zw) was up by $0.00...
The sale of a parcel of CFI Holdings shares valued at US$1,5 million to British business tycoon Nicholas Van Hoogstraten last Thursday is now caught in controversy amid allegations the trade was betwe...
Barclays Bank Plc will pay out a £2 million (US$2,6 million) closing bonus to Barclays Zimbabwe Limited workers as the United Kingdom-based banking group divests from the local market after 105 years...
The Office of the President and Cabinet has unilaterally awarded a multi-million dollar project to a local firm called Univern Enterprises to implement the Zimtis without going to tender or ascertaini...
BUSINESS says it will only accept labour regulations for Special Economic Zones (SEZs) if they meet certain conditions which include rationalising production and improving competitiveness, businessdig...
The presentation by Finance minister Patrick Chinamasa on July 20 was unique in that it was not a mid-term fiscal policy review, but rather a review of the 2016 fiscal year, combined with the outlook ...
LIKE the old adage says, Language is a key to success! In the world of cutting edge business practice today, language has become a means to successful business operation.For most in leadership, manage...
Innscor Africa Limited's plans to merge partial subsidiary companies, NatFoods and Profeeds are under threat following recommendations adopted by the Competition and Tariff Commission to block the dea...
Major shareholders in ZSE listed hotelier RTG are deeply divided on strategy around handling the group’s creditors and debtors as well as the fate of a sizeable stake in the business which has been ...
Mobile transactions now constitute 12.5 percent of the national values and around 70.6 percent of volumes for the month ending June 2017. This comes at a time when the cash shortages currently being e...
Heads are set to roll at National Roads Fund Administrator (Zinara) following revelations of a massive board shake-up that could also claim the scalps of executives and its long serving chairman. Info...
Brainworks Capital Management (BCM) has been garnished by the Zimra over failure to pay in $6 million tax debts, it has emerged. The firm's non-executive director, George Manyere said that the garnish...
PREPARATIONS for the 10th edition of Hlanganani/Sanganai World Tourism Expo are progressing well, with 240 companies having registered so far to participate, organisers of the event have revealed.The ...
Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) executive director, Caleb Fundanga has said Zimbabwe must make a clear and final decision on the currency in use...
DEPUTY Chief Secretary to the President and Cabinet Ray Ndhlukula says some State enterprises have not produced audited financial results for the past 10 years and were contributing far less to the ec...
FINANCE and Economic Development Minister Patrick Chinamasa was yesterday forced to suspend debate on the nomination of Industrial Development Corporation general manager Mr Mike Ndudzo as new Auditor...
THE closure of Delta Corporation's Victoria Falls depot this week is likely to open floodgates for cheap imported beverages and negatively affect local dealers in the resort town, the local business c...
THE Minerals Marketing Corporation is directly engaging foreign chrome ore buyers to achieve premium prices and better returns for small-scale producers in a bid to cushion them from middlemen who are...
Government is building diamond and gold reserves to back the local currency upon its re-introduction in future, Vice-President Emmerson Mnangagwa has said. VP Mnangagwa refused to disclose when the lo...
Vice-President Emmerson Mnangagwa has revealed that the defunct Zimbabwean dollar could soon be resurrected, as the government is gradually piling up gold and diamond reserves to back it up since they...