ZIMBABWE'S second largest mobile network operator by subscriber numbers, NetOne, is set to embark on new investment initiatives running into hundreds of millions of dollars upon completion of its $219...
INDEPENDENT Power producers' output for 2016 increased 416 percent to 277,7 gigawatt hour from 57,8 GWh a year earlier, according to report by the power utility Zesa Holdings.277,7 gigawatt hour from ...
South African cement producer Portland Pretoria Cement (PPC), which is the parent company of PPC Zimbabwe, has advised its shareholders that Mr Tito Mboweni, an independent non-executive director, and...
FRANCE'S ambassador to Zimbabwe, Richard Boidin has implored French companies to make long-term investments and has promised to draw more investors to Zimbabwe.Speaking at the French National Day, pop...
Bulawayo shoe manufacturing company, Millennium Footwear, is exploring export opportunities in the Southern African Development Community (Sadc) region following the collapse of the local consumer bas...
Engineers from Zimbabwe and others from sub-Saharan Africa have been invited to enter the fourth edition of the prestigious Africa Prize for Engineering Innovation.Engineers from Zimbabwe have feature...
The value of Real Time Gross Settlement transactions through the NPS declined 21 percent from $1.3 billion in the week ending June 7 2017, data from the central bank shows. In its weekly report for th...
Foreign payment challenges obtaining in Zimbabwe have affected investment prospects for ailing State owned Central Mechanical Department's fuel business unit, it has emerged. While investors are willi...
PROSPECTS of an opposition coalition against President Robert Mugabe continue to hit turbulence, with National People's Party (NPP) leader, Joice Mujuru yesterday distancing herself from claims by MDC...
FORMER Vice-President Joice Mujuru, ousted from Zanu-PF three years ago, has again apologised for the 30 years she spent in her former party.Mujuru, now leader of National People's Party (NPP), said i...
THE Agricultural Marketing Authority (AMA) plans to float $80 million worth of bills to finance the buying of local maize for the 2017 season.During the same period last year, AMA floated an additiona...
The Zimbabwe Electoral Commission (Zec) needs $274 million to successfully conduct the 2018 harmonised elections.Zec chairperson Justice Rita Makarau revealed this yesterday in a document she presente...
A parliamentary committee has recommended the amendment of Zimbabwe's indigenisation law to insert a requirement that compels mining firms to contribute at least 25 percent of pledges to community sha...
THE country's export promotion body, ZimTrade, will lead 12 companies to this year's Zambia Agriculture and Commercial Show (ZACS) to be held next month.ZimTrade chief executive officer, Ms Sithembile...
IF you do not know Econet then you are from Mars because it is one of the Mobile Network Operators (MNO) that brought the first cellphones in your hands to Zimbabwe.The brand has had an impact locally...
GOVERNMENT has put in place measures to control soya bean imports to create a market for local producers of the raw material widely used in the production of edible oils.The move, which took effect la...
ZIMBABWE's cost of living for a family of six continued on a downward trend last month, dropping to $575.71 from $577.77 in May on the back of a decrease in the food basket, figures from the Consumer ...
The Zimbabwe Revenue Authority (Zimra) is doing well in discharging its constitutional obligation of collecting taxes for the State under very difficult circumstances.It is not easy to enforce tax com...
There are fears that Zimbabwe's reputation on the global chrome market could be at risk amid revelations that some miners failed to deliver about 100 000 tonnes of the mineral pre-financed by external...
AfrAsia Bank has filed an appeal at the Supreme Court challenging the High Court's decision to nullify the deed of settlement signed between the bank and mining company RioZim.This comes as the bank l...
Dr Philip Chiyangwa has demanded defamation damages of $2,5 million from NewsDay and journalist Paidamoyo Muzulu over an article related to the land deal.In a letter of demand dated July 17, 2017, Dr ...
Chegutu Municipality sold land to Dr Philip Chiyangwa's Gabroc Enterprises in 2001 which went on to sell the property to the National Social Security Authority (NSSA) two years later, documents show.T...
Zimbabwe Development Party (ZDP) president, Kisinoti Munodei Mukwazhi has dragged global telecommunication giant Econet Wireless to the High Court seeking $500 000 in damages for loss of business due...
Mutare businessman Tendayi Blessing Mangwiro has once again approached the High Court seeking the arrest of Home Affairs Minister, Dr Ignatious Chombo over his non compliance with court orders.Mangwir...
The public has raised concern over poor monitoring mechanisms by monetary authorities as cash is flooding streets instead of it being in financial institutions.Illegal cash dealers are experiencing a ...