EYEBROWS have been raised over the experience and capacity of Diaspora Infrastructure Development Group (Pvt) Ltd (DIDG), which is partnering South Africa's Transnet in a joint bid for the National Ra...
Two out of 30 HIV-positive people on anti-retroviral therapy (ART) in Zimbabwe have shown signs of resistance to commonly used and most affordable drugs Efavirenz and Nevirapine, the World Health Orga...
The government had a budget overrun of a whopping $902,2 million by the end of 2016 on the back of huge employment costs and agriculture recovery that were largely unplanned for in the annual budget.P...
THE government has revised downwards its gold production target of 28 tonnes to 24,5 tonnes for this year due to loss of production in January and February largely as a result of heavy rains that floo...
Zimbabwean stocks closed on a four-year high on Friday, as investors continued to pile into the equities market amid limited investment options and currency concerns.By the close of trade, the Zimbabw...
The country's sole fixed telephone operator, TelOne is currently in the process of digitalizing its network, in a move that will unlock new capacity as well as introduce more technologies and increase...
INDUSTRIALSThe Industrial Index went past the 200 point mark for the first time since 10 September 2014 after putting on 0.70 points (0.35%) to close at 200.04 points. SEEDCO (SEED.zw) led the movers ...
Zimbabwe's financial sector growth is anticipated to slow down to 1,7 percent after bankers smiled all the way to the bank and recorded a 42 percent profit surge last year, data from the World Bank sh...
GOVERNMENT is continuing with its reckless spending spree - with President Robert Mugabe's office leading the way, overspending by US$43 million - as its unsustainable budget deficit scaled almost US$...
Mystery surrounds the car which was involved in a horrific accident with a biker who was leading President Robert Mugabe's motorcade last Saturday.On Saturday, one of the bikers leading the motorcade ...
Zimbabwe is conducting a training programme for police officers to smile more habitually at roadblocks in the hopes of winning over tourists visiting the country's holiday resorts.Home Affairs deputy...
Not for the first time, Zimbabwe has been warned that President Robert Mugabe's failure to resolve the succession issue could plunge the country into bloodletting violence.This comes as much-needed fo...
Zimbabwe's power imports for the first quarter of 2017 went up by about 10 percent as local production slumped 23 percent, a development that local energy experts anticipate to result in load shedding...
The board announces the appointment of Mr. Noah Manomano Matimba as Chairman of CBZ Holdings Board with effect from 18 July 2017. Matimba, an accountant by training, holds amongst other qualifications...
ONE of the bidders for the National Railways of Zimbabwe (NRZ) recapitalisation programme has pledged to secure up to $2.5 billion towards turning around the parastatal.NRZ board chairman, Mr Larry Ma...
BEING conduits for most financial transactions, governments closely watch banks and bank executives who are normally used as mules in illicit financial flows.By their nature, illicit financial flows t...
THE Government plans to assume debts owed by the National Railways of Zimbabwe (NRZ) and the Civil Aviation Authority (CAAZ) to improve their attractiveness to potential investors, a Cabinet Minister...
ZIMBABWE'S total mineral export earnings in the first half of the year have exceeded the $1 billion mark as Government and miners move to grow the sector from a $2 billion to a $3 billion a year expo...
THE Safari Operators Association of Zimbabwe (SOAZ) sees a 30% growth in revenue following the lifting of an ivory ban by the United States, businessdigest reported.The US Fish and Wildlife Service (U...
A 200% increase in money supply between December 2015 and May 2017 is unsustainable and could stoke inflationary pressures in the economy, the IMF has warned.IMF mission chief for Zimbabwe Gene Leon ...
EIGHT companies registered their agreements to lay-off workers with the Retrenchment Board earlier this month, affecting at least 160 employees, businessdigest reported.This adds to the 817 workers w...
When Zimre Holdings Ltd (ZHL)'s Stalap Investments announced its offer to buy out CFI minorities last Friday, an all-out war between British tycoon Nicholas Van Hoogstraten and the Rudland brothers - ...
Zimbabwe's budget deficit rose to $1.4 billion, or 10 percent of national output, in 2016, worse than previously revised estimates, the country's finance minister said.The shortfall arose from unbudge...
The government will be maintaining a salary freeze to create room for mobilising funding for key projects in light of the budgetary constraints affecting the economy.This was revealed by the Minister ...
The Zimbabwean economy is expected to register significant growth of 3.7% this year, underpinned by strong performance in agriculture of 21.3%, mining 5.1% and electricity and water 2.5%, Finance a...