Zimbabwean banks need to stop lending to government as their exposure to Treasury Bills (TBs) could work against the sector in the future, a local think tank has warned.In its 2018 Economic Review and...
Cooking oil producers are looking at reducing their import bill by 30% from the current US$300 million annually through imports substitution, businessdigest has learnt.This comes as the nation is suff...
The Confederation of Zimbabwe Industries (CZI) says the foreign currency backlog for the industry in the last seven months from September last year to March 2018 is now at US$600 million.The business ...
Africa's richest man, Aliko Dangote has renewed his interest in investing in Zimbabwe, but seems to have moved away from his first love - cement - and is now considering investing in the country's agr...
The Zimbabwe Anti-Corruption Commission has launched an investigation into The Cotton Company of Zimbabwe amid revelations the company could have lost millions of dollars in a botched lint deal involv...
The cancellation of the Geiger International road dualisation deal has exposed that incompetence and corruption abounded in Government corridors amid revelations that the Austrian company is just a "b...
THE MDC-T says it has completed its aspiring candidates' vetting process, with the names soon to be presented to the membership for selection during primary elections.Acting party chairperson Morgen K...
The Nelson Chamisa-led MDC has dismissed claims that it is bussing people to attend its jam-packed rallies. The State media has claimed several road accidents involving MDC supporters from various par...
President Emmerson Mnangagwa faced growing pressure yesterday over remarks made by Justice minister Ziyambi Ziyambi in Parliament that government never promised to solve the current cash crisis in 100...
VICE-PRESIDENT Constantino Chiwenga yesterday poked holes in former President Robert Mugabe's 37-year reign, saying the Zanu-PF leader was like the Biblical Moses, who successfully rescued his kinsmen...
MORE bigwigs are expected to appear before the Parliamentary Portfolio Committee on Mines and Energy today with Vice President Kembo Mohadi being the most senior as the probe into the leakage of $15 b...
DEMOLITION of old infrastructure is underway at Egodini terminus in Bulawayo as work on the $60 million mall construction project takes shape.South African engineering firm, Terracotta Private Limited...
GOVERNMENT has taken delivery of a Boeing 777 aircraft from Malaysia - part of an envisaged fleet of 10 aeroplanes to be managed under a new company tasked to boost the local aviation sector. The 300-...
Tobacco farmers are complaining over delays in the processing of their payments at the auction floors in Harare, resulting in most of them spending days camped at the floors.They said their cheques we...
The Zimbabwe Republic Police (ZRP) acted unlawfully when it refused to reinstate a member contesting his discharge from service, despite him having filed an appeal with the Police Service Commission, ...
Rwandan governance expert Ms Clare Akamanzi yesterday said there was need to empower the envisaged one-stop investment organisation integrating several Government business arms as part of efforts to i...
A NUMBER of Reserve Bank of Zimbabwe (RBZ) funding schemes are not accessible to businesses due to banks' reluctance to disburse them, an official has said.The apex bank has acknowledged lack of effec...
The Environmental Management Authority (EMA) has confiscated at least 400 000 kaylite containers, known as Expanded Polystyrene Foam (EPS) since December last year, as it moved to stop use of the bann...
Zimbabwe is six hours behind China and Beijing has a population twice that of the whole of Zimbabwe. The Chinese economy is performing well, coming second only to the United States. It talks about its...
OVER 100 foreign investors have expressed interest in participating in the Mashonaland West is Open for Business Conference set for next week in Chinhoyi.The potential investors are expected to play a...
President Mnangagwa has achieved notable successes in the few months that he has been in power and the nation should resoundingly vote for him in the forthcoming elections to guarantee continued progr...
Limited foreign currency is stifling efforts to wipe out a three tier pricing system despite a slowdown in price increases in Zimbabwe since January. &nb...
KPMG has suspended the head of its largest business unit, who was the lead audit partner on VBS Mutual Bank.Sipho Malaba, who is related to Chief Justice Luke Malaba, was tasked with running KPMG's la...
President Emmerson Mnangagwa's decision to cancel Geiger International contract to dualise the BeitBrigde-Harare-Chirundu highway was instigated by Vice President Constantino Chiwenga's “serious pro...
THE MDC-T elections directorate is reportedly struggling to finalise its candidate selection process and has already missed its Tuesday deadline to complete the exercise.This comes amid reports that s...