Cassava Smartech, an Econet spinoff, recently launched Sasai, a mobile application which mirrors China's WeChat. Of course, it is a first by Africa, but odds are highly-staked against its success.Ther...
President Emmerson Mnangagwa (pictured) yesterday urged companies and producers to export 20% of their produce to the foreign markets, but retain 80% for local markets.Mnangagwa made the remarks while...
MINISTRY of Energy secretary Gloria Magombo was yesterday grilled by Parliament over issues of rebundling of Zesa with MPs questioning why an institution that was recently unbundled was now being rebu...
ZIMBABWE businesses, grappling with the realities of hyperinflation and exchange rate induced losses, have pressed the panic button over worsening macro-economic conditions in the country, with severa...
THE World Bank (WB) has warned that Zimbabwe's economy faces massive turmoil unless the country gets much-needed international assistance urgently, the Daily News reported. This comes as the country i...
PARLIAMENT has docked the allowances of opposition MDC legislators as punishment for walking out on President Emmerson Mnangagwa's State of the Nation Address (Sona) last month, the Daily News reporte...
THE hearing of a Supreme Court appeal by MDC leader Nelson Chamisa in which he is seeking to overturn a High Court ruling nullifying his presidency of the country's biggest opposition party continues ...
FORMER Zanu-PF central committee member Munyaradzi Right Banda was hauled before the courts for allegedly bashing his wife be- cause she had attended a friend's party. Banda, 51, was released on free ...
MDC secretary for elections Jacob Mafume, pictured, has said the party will use all legal channels to make sure that people in the diaspora vote in 2023. Mafume told the Daily News that his party will...
ZANU-PF and MDC are engaged in a battle of wits over next week's anti-sanctions day after the parties lined up events to support and denounce the Southern African Development Community (Sadc). This co...
The government will pull a few tricks up its sleeves soon to stabilise the exchange rate as part of a broader task of creating a viable environment for business, Business Times reported.A team of Pres...
ZIMBABWEANS should brace for worse load shedding following "severe supply constraints" being experienced at South African power utility Eskom. The national power utility advised consumers about the la...
President Emmerson Mnangagwa and opposition leader Nelson Chamisa have come under immense pressure to dialogue Zimbabwe's way out of the economic meltdown with analysts saying that was the only soluti...
The government has started a pilot run of the new accounting system for its entities as it moves to professionalise the public sector, Business Times can report.Zimbabwe has adopted the International ...
The Zimbabwe Anti-Corruption Commission (Zacc) is probing Gloria Magombo, the permanent secretary of the Ministry of Energy and Power Development on allegations that she has been drawing a salary fr...
Teachers will only work two days a week and will no longer abide by the formal dress code, the Progressive Teachers' Union of Zimbabwe (PTUZ) declared on Friday.The teachers announced the industrial a...
The Zimbabwe Stock Exchange (ZSE) says it will introduce the much anticipated Exchange Traded Funds (ETFs) this quarter as part of its concerted efforts to improve product offering to the market.In Ap...
A total of 124 new accounts were opened on the Central Securities Depository in September, bringing the total number of accounts that have been opened to 26,845. This is against the historical peak of...
Latest statistics from Zimstat show that country's monthly inflation rate was at 17.72% shedding 0.35 percentage points on the August rate of 18.07% as Government continues to target a monthly inflati...
Zimbabwe's economy is now considered hyperinflationary for accounting purposes under International Financial Reporting Standards, a determination that requires companies to account, monitor inflation ...
Prospect Resources says a Zimbabwe Revenue Authority (ZIMRA) clearance certificate is the only remaining consent required to complete the transaction of increasing its stake in Arcadia Lithium Project...
The International Monetary Fund is projecting Zimbabwe's economy to contract 7.1% in 2019 but will recover in 2020 to a moderate growth of 2.7% and 2.2% in 2021. The projections are in line with...
The ZSE gained 0.07% as marginal losses in the big caps were offset by moderate gains in mid-tier stocks pushed by small trades. The session yielded eleven gainers and six fallers, with the Old Mutual...
Government through the National Trade Policy and Export Strategy blueprint is targeting to grow Zimbabwe's export by 10% annually to US$6.4 billion in 2023 and ultimately to US$12.4 billion by 2030 fr...
THE battle for shares in Telecel Zimbabwe (Private) Limited between a war veterans organisation Magamba Echimurenga Housing Trust and businessman James Makamba and nine other entities, has been set do...