The government is moving to introduce performance contracts for all parastatal board members, amid indications that failure to sign the contracts inside two months of appointment will be punishable by...
Government's plans to privatise national carrier, Air Zimbabwe, may be in for a bumpy ride amid indications that the airline's major creditors are moving to stop the transition.Insiders who spoke to t...
THE International Monetary Fund (IMF) has warned the government on the command agriculture programme, saying excessive public spending, if continued, could exacerbate cash scarcity, further jeopardise...
The recent media reports that the Reserve Bank of Zimbabwe (RBZ) plans to inject more bond notes into the economy are unsurprising as no permanent solution to the country's cash crisis is yet found.De...
INDUSTRY and Commerce minister Mike Bimha yesterday announced the National Competitiveness Commission Board (NCCB), saying the economy needs to start running, as it can "no longer afford to walk".Bimh...
FINANCE minister Patrick Chinamasa yesterday described the current cash shortages as a mirage, saying the government was satisfied with the prevailing liquidity position obtaining in the country.Addre...
Johannesburg Stock Exchange listed Ecsponent Limited's controlling shareholder and Brainworks Capital founder George Manyere has unveiled a $200 million investment fund targeting key infrastructure pr...
MINES minister Walter Chidakwa has called on platinum producers to invest in refining facilities, to enable the country to draw maximum benefit from its mineral resources.In a speech read on his behal...
NetOne can now recruit a substantive chief executive officer without glitches after the High Court yesterday dismissed with costs an urgent interdict application by the firm's ex-boss, Mr Reward Kanga...
Zimbabwe's mobile network industry has grown to become a significant sector of the economy, generating close to $200 million in quarterly revenues and a sizable profits for the three network operators...
ETHIOPIAN Airlines has taken a local travel agency, Haven Travel and Tours (Pvt) Ltd, to court on charges of failing to remit $30 500 in ticket sales.The airline, through its lawyers Kanokanga and Par...
THE Grain Marketing Board is receiving an average 90 000 tonnes of maize a week with Government yesterday saying deliveries were fast approaching the 500 000 tonnes required for the Strategy Grain Res...
THE Zimbabwe Revenue Authority (Zimra) says it desperately needs partnership with other stakeholders to fight rampant smuggling and corruption at the ports of entry and along the country's borders, an...
FIDELITY Printers and Refiners has so far disbursed $30 million to 179 small-scale miners across the country under the $40 million Gold Development Initiative.Towards the end of last year, the Reserve...
FINANCE and Economic Development Minister Patrick Chinamasa has called for patience among Zimbabweans, saying total economic revival cannot be achieved overnight.Speaking at the Institute of Chartered...
MANUFACTURING industries should take advantage of renewed momentum in the mining sector to create a strong supply chain synergy that will boost their earnings, Industry and Commerce Deputy Minister, C...
THE Zimbabwe Revenue Authority (Zimra) says it desperately needs partnerships with other stakeholders to fight rampant smuggling and corruption at the ports of entry and along the country's borders.Th...
GOVERNMENT has showered praises on small-scale miners for their support for locally produced products.Industry and Commerce Minister Dr Mike Bimha said local procurement was critical towards building ...
FBC Insurance has chosen to support the growth of its Zimbabwean general insurance business in line with its strategic objectives using SSP's digital insurance platform, SSP Pure Insurance.SSP Pure In...
TELONE have embarked on a reforestation journey targeting 56 000 trees by December this year.Addressing delegates at Nyamhunga Township where TelOne handed over 100 bins to Kariba Municipality, TelOne...
The Macro-Economic and Financial Management Institute for Eastern and Southern Africa(MEFMI) says Zimbabwe is on course to achieve the 3.7 percent growth rate this year on the back of policies to resu...
The Reserve Bank of Zimbabwe (RBZ) will soon be releasing a midterm monetary policy review providing details on the impact of its policies on economic recovery.The midterm monetary policy review is ex...
Reward Kangai's urgent chamber application to get an interdict to stop the recruitment of a CEO for NetOne was denied with costs.The judge also pointed out that Mr Kangai could not have had a legitima...
INDUSTRIALSThe Industrial Index continued in the positive trend as it gained 0.42 points (0.21%) to settle at 200.46 points. CFI (CFI.zw) advanced by $0.0620 to close at $0.3725; MEIKLES (MEIK.zw) ros...
Anglo American Platinum (Amplats) announced on Monday that production from Unki mine in Zimbabwe increased by 5% to a new production record of 38,400 ounces compared to the comparable period productio...