Plans are at an advanced stage to resuscitate the Cold Storage Commission here, with the National Social Security Authority (NSSA) partnering Government as the majority shareholder.Modalities for the ...
CONTROVERSY surrounds local company Mansudae Boka Designs Private Limited's trade activities, amid reports it may be linked to North Korean company - Mansudae Overseas Project (MOP) Group of Companies...
ZIMBABWE'S approved potential investment projects more than doubled to nearly US$1 billion this year from US$451 million last year, although the majority have not taken off amid concerns that investor...
FIRST Lady Grace Mugabe's first born son, Russell Goreraza (33), and his business partner Valentine Gaucho imported seven top-of-the-range vehicles worth about US$2,5 million after brokering a controv...
FINANCE minister Patrick Chinamasa, through the ministry's permanent secretary Willard Manungo, last year illegally granted permission to a private mining company to import 12 million litres of fuel d...
Listed crocodile skin producer Padenga Holdings has reported a 100 percent rise in net income to $4, 05 million from $2 million in the half-year period to June 30, 2017, from the prior comparable peri...
THE Chartered Institute of Customer Management (CICM) has launched Zimbabwe's first of its kind Customer Satisfaction Index.An Executive Breakfast meeting has been penciled for the 4th of October 201...
Indonesia has invited Zimbabwean businesspeople to participate at next month's 32nd Trade Expo Indonesia in Jakarta, where over 300 internationally-acclaimed local products will be showcased. Indonesi...
Listed Axia Corporation Limited has reported a 26 percent increase in revenue to $248.3 million in the year to June 20, 2017 from $197.5 million reported in the prior year. This resulted in a 10.8 per...
The recently-commissioned $150 million Victoria Falls International Airport has experienced a 35% increase in passenger traffic within a few months of its launch, an official has said. Civil Aviation...
Bulawayo City Council (BCC) is in a serious financial crisis amid indications that the local authority is failing to service a debt of over $168 million, a development that has deeply affected service...
Ipec wants insurance companies and pension funds with over $1 billion invested in fixed properties to invest on secondary markets to ensure tradability of fixed income securities for liquidity that de...
Caaz into regulatory and operational entities which was scheduled to be completed by the end of this year is facing fresh challenges amid indications that senior management at the State entity are scu...
Ministers and permanent secretaries will have their wings clipped when the Public Entities Corporate Governance Bill becomes law, amid indications they will no longer hire and fire parastatal boards w...
ZIMBABWE'S fuel supplies have dwindled to alarming levels due to a weakening economy and acute foreign currency shortages despite interventionist measures by the Reserve Bank of Zimbabwe (RBZ).This co...
As part of the ongoing Ease of Doing Export Business - Rapid Results Initiative (RRI), the Medicines Control Authority of Zimbabwe (MCAZ), through the Ministry of Health and Child Care recently reduce...
'The Zimbabwe Revenue Authority (Zimra) says it did not go full throttle on the implementation of the fiscalisation programme when it was introduced seven years ago. 'The programme was meant to minimi...
THE Competition and Tariff Commission (CTC) has approved 10 mergers and acquisitions in the first six months of 2017 supporting the survival of local companies.Most of the transactions approved by the...
THE Competitions and Tariff Commission has recommended the formulation of a beef industry policy for the entire value chain to address a myriad of problems in the sector, chief among them price collus...
The Reserve Bank of Zimbabwe (RBZ) will pay $32 million to South Africa power utility, Eskom to ensure continuous power supply to Zimbabwe.ZESA Holdings is complementing its power supplies by importin...
The national leadership of the Affirmative Action Group (AAG) has broken ranks with its Bulawayo chapter over the decision by city fathers in the second largest city to allocate gold claims to town cl...
ZIMBABWE is in talks with South Africa to put in place a framework which will allow its citizens working in the neighbouring country to repatriate their pensions upon their return home, an official ha...
The $400 million deal to recapitalize the National Railways of Zimbabwe has been thrown into jeopardy, after rival suitors for the parastatal, fronted by Cabinet ministers, launched a last minute bid ...
Audit and advisory firm, KPMG Zimbabwe last week warned that companies should analyze their contracts ahead of the introduction of new revenue according to standards, known as the International Financ...
The High Court yesterday nullified transactions made by three former RFHL directors after they were fired in 2012 effectively reversing the NSSA's controversial acquisition of the financial institutio...