THE Zimbabwe Stock Exchange (ZSE) listing committee has allowed Zimre Holdings Ltd's investment vehicle, Stalap Investments to make a mandatory offer to CFI Holdings Limited minority shareholders.This...
PAN African telecommunications group, Liquid Telecom has secured a $700 million bond and term loan facility aimed at supporting the group's existing debt and growth strategy.The financing package was...
The Reserve Bank of Zimbabwe (RBZ) is seeking a $500 million facility to cover the foreign currency gap that will widen when the 2017 tobacco marketing season closes.Tobacco is Zimbabwe's top foreign ...
THE Government has made an application for a $153 million loan facility from China EximBank for the upgrade of Harare International Airport.Harare International Airport, with a passenger capacity of ...
THE Constitutional Court (ConCourt) yesterday dismissed an application by one of next year's presidential aspirants, Ignatius Masamba, to cause Parliament to order a national referendum to find out i...
TOURIST arrivals into Zimbabwe increased by six percent to 479 718 during the first quarter compared to the same period last year, statistics from the 2017 first quarter tourism performance report sho...
Econet Wireless Zimbabwe, which controls 98 percent of the Long Term Evolution data customer market share, has announced a major data network upgrade that will see the mobile network market leader ach...
Zimbabwe is starved of access to foreign finance and only has three international banks availing credit to the country due to isolation and sanctions that Western countries imposed, the central bank ...
LOCAL cement producer, PPC Zimbabwe, has started lobbying the government to move away from asphalt roads and turn to concrete roads, saying the latter were more durable.Another cement manufacturer, La...
CHEGUTU Municipality's 1974 council records have confirmed that the 529-hectare piece of land reportedly sold to the National Social Security Authority (NSSA) by businessman, Philip Chiyangwa belongs ...
DESPITE bowing out of the CAF Champions League in the group stages, CAPS United have made giant strides on the CAF Club rankings by moving from 51st to 24th position and the Green Machine are now Zimb...
DEPOSITORS Protection Corporation (DPC) chief executive officer, John Chikura, has said the worsening economic crisis facing the country was hindering the performance of most banks, but warned that mo...
The Zimbabwe National Roads Administration (ZINARA) finance director, Simon Mudzingwa Taranhike and finance manager, Shadreck Matengabadza were arraigned before the court on criminal abuse of office c...
The government through the Ministry of Public Service, Labour and Social Welfare has appealed to the Reserve Bank of Zimbabwe (RBZ) to allow banks to give pensioners once off payment for their monthly...
Police in Zimbabwe have fired tear gas and water cannons to disperse dozens of opposition supporters protesting what they say are plans to rig next year's presidential election.The main opposition MDC...
NMB Bank is now offering school fees loans to working parents, no matter what school their children are attending, enabling them to ensure that school fees are paid in full and on time.The loan is ava...
INDUSTRIALSThe Industrial Index lost a further 0.07 points (0.04%) to close at 197.85 points. SEEDCO (SEED.zw) traded $0.0337 lower at $1.3663 whilst ARISTON (ARIS.zw) dropped $0.0020 to settle at $0...
The Reserve Bank of Zimbabwe (RBZ) is planning to plug the parallel financial markets and ease the current cash crisis by re-establishing Bureaux de Changes, more than 15 years after they were closed....
WORKERS at the moribund National Railways of Zimbabwe (NRZ) are working under dangerous conditions as the cash-strapped parastatal continues to struggle to acquire the necessary safety clothing and eq...
China-based former Warriors striker, Nyasha Mushekwi's estranged wife, Luminitsa Dumbisa Mushekwi, has filed a decree of divorce and a $3 500 monthly maintenance claim against her husband, saying the ...
Zimbabwe national team coach, Heath Streak has fired warning shots at other cricket nations after the Chevrons completed an historic 3-2 one-day international (ODI) series win over Sri Lanka in Hamba...
THE proposed coalition of opposition parties to challenge President Robert Mugabe in next year's elections was thrown into serious doubt yesterday after one of the key figures, Tendai Biti, unveiled h...
ZIMBABWE's informal sector could be the sixth largest in the Sub-Saharan region, contributing between 40 percent and 50 percent to economic growth - an estimated $7 billion - especially for the four-y...
THE National Railways of Zimbabwe (NRZ) has started the adjudication process to select the winning bidder from the six potential investors it has shortlisted under its $400 million recapitalisation in...
Government owned telecommunications company, NetOne has accused its ousted CEO, Reward Kangai of attempting to frustrate the process of seeking his replacement through frivolous litigation.In papers f...