THE Government has secured $242 million from the European Union (EU) and the Food and Agriculture Organisation to support the agriculture sector in the 2017/18 farming season.According to the Common M...
ZIMBABWE's electricity imports rose 260 percent last year as the power utility, Zesa Holdings, moved to avert shortages and cuts, which would have crippled business and industrial operations.Zimbabwe'...
The Minister of Industry and Commerce, Dr Mike Bimha has implored the Special Economic Zones board to work hard in mobilising investment to the country, saying failures of the past should not be repe...
South African power utility, Eskom has threatened to switch off ZESA Holdings by the end of this month if it fails to adhere to the agreed payment plan.The government through ZESA Holdings agreed to p...
The Zimbabwe Revenue Authority (ZIMRA) says the synchronisation of vehicle registration between ZIMRA and the Central Vehicle Registry (CVR) is expected to curb rampant smuggling of vehicles.Th...
Securities and investment firms are targeting to harness potential from the 4 million Zimbabwean diaspora community base to promote appetite towards capital market investments.Capital markets in Zimba...
The Institute of Directors Zimbabwe (IDZ) is recording progress on the initiative to promote a 50 percent women representation in company boards.The programme started last year to redress the skewed s...
The retail sector has raised concern over poor monitoring mechanisms by monetary authorities as some companies are not banking their cash for circulation purposes.As the cash crisis increases, the ret...
Industrial Development Corporation General Manager Mr Mike Ndudzo has been appointed Auditor-General, taking over from Mrs Mildred Chiri who is stepping down following the expiry of her tenure.Mr Ndud...
Cigarette manufacturer, British American Tobacco Zimbabwe (BAT Zim) on Wednesday announced a 27 percent jump in after tax profit to $4,6 million for the half-year ended June 2017.The jump in profit, d...
A new study by two Zimbabwean climate science experts could make it possible to predict El Nino Southern Oscillation (ENSO) ENSO several months before its occurrence.Climate experts say ENSO is one of...
Monetary authorities should let the market determine the true value of the bond note currency to curb its externalization and in turn reduce cash shortages, a leading economist has said.Zimbabwe intro...
The Government is working round the clock to catch tax evaders including land barons, Finance and Economic Development Minister Patrick Chinamasa has said.Speaking at the handover of residential stand...
In a 2015 investors report, Pan-African stock analysts Imara Edwards Securities projected that Zimbabwe Stock Exchange-listed sugar processor Hippo Valley Estates Limited's share price was significant...
The rand oscillated around the 13 to the dollar mark on Wednesday morning, reflecting generally subdued price action across the currency markets.The dollar was in a relatively stable range, after fall...
The government has been advised to recapitalise the engineering sector and effectively utilise its broad-based skills to harness revenue for the potential growth of the industry.Lack of investment and...
The government has appointed a new board at the Zimbabwe United Passenger Company (ZUPCO) tasked with the mandate to restore the viability of the parastatal into a vibrant and competitive entity.The p...
INDUSTRIALSThe Industrial Index rebounded 1.06 points (0.53%) to settle at 201.21 points. BRITISH AMERICAN TOBACCO (BAT.zw) led the movers with a $0.0500 increase to close at $18.0500, SEEDCO (SEED.zw...
Financial Highlights:– Revenue $16 698 000– Profit before income tax $ 6 520 000– Operating profit $ 6 520 000– Profit for the period $ 4 617 000– Basic earnings per share (US$) 0.22– Dilu...
The Zimbabwe Revenue Authority (Zimra) says it is looking into the country's churches with the view of establishing clearer taxing boundaries, amid indications most pastors are failing to remit all th...
AFTER years of going back and forth on Cold Storage Company (CSC)'s revival, government believes it has finally found that missing link which could do the trick - Command Livestock.Command Livestock i...
New diesel and petrol cars and vans will be banned in the UK from 2040 in a bid to tackle air pollution, the government is set to announce.Ministers will also unveil a £255m fund to help councils tac...
A few days after President Robert Mugabe railed at top guns in his party who are jostling to succeed him, Defence minister Sydney Sekeramayi has weighed in, saying there was no vacancy at State House....
SPEAKER of the National Assembly Jacob Mudenda wants the Zimbabwe Revenue Authority (Zimra) to charge 150% in customs duty on second-hand vehicles, claiming Zimbabwe has become Japan's largest warehou...
Finance minister Patrick Chinamasa has conceded there is lack of quality in parastatal boards, saying Cabinet has committed to rectifying this issue after gazetting the Public Entities Corporate Gover...