Reserve Bank of Zimbabwe (RBZ) governor John Mangudya recently made d three disheartening statements concerning the current liquidity crisis.He said civil servants should not bother commercial banks...
The government's swift move to bar Econet Media's pay TV service last week was predictable, but deeply worrying because the regime is once again demonstrating that it is averse to reforms.Editorial C...
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says the country has big spenders of foreign currency who lack the entrepreneurship to generate export receipts.Mangudya told guests at a fundrai...
GOVERNMENT is intensifying efforts to boost electricity generation, with over US$151 million worth of new small hydropower projects lined up while US$154 million has been secured for the repowering o...
THE Zimbabwe Electricity Regulatory Authority (Zera) has licensed Indo-Africa Power to construct, own, operate and maintain a solar power plant in Mutorashanga.In a statement on Wednesday, Zera said ...
All students at institutions of higher and tertiary learning who are struggling to pay fees will start getting loans from September 2017 under a US$1 billion Government facility.CBZ, ZB and NMB banks;...
FIRST Lady Grace Mugabe faces the risk of prosecution in spite of her diplomatic immunity, as South Africa's Foreign States Immunities Act of 87 of 1981 states that if "death or injury" is committed,...
MDC-T leader Morgan Tsvangirai yesterday ruthlessly dealt with intra-party violence, suspending party national organising secretary Abednico Bhebhe, but kept deputy treasurer-general Charlton Hwende ...
Government and Geiger International are expected to meet all preconditions set to kick-start dualisation of the $1 billion Harare-Beitbridge Highway by end of September, a senior Government official ...
FINANCE and Economic Development Minister Patrick Chinamasa yesterday launched a $5,7 million state-of-the-art Kupinga hydropower station which has a rated capacity of 1,6MW.The small hydro power sta...
REFRIGERATION and Air Conditioning Services (Ref-Air) has engaged the Ministry of Industry and Commerce seeking support in raising $300 000 for retooling so as to meet export needs.The Bulawayo-based ...
SMALL holder farmers have been urged to increase goat rearing as the animals are tolerant to drought and could assist communities' resistance to socio-economic shocks.Beitbridge Rural District Counci...
A document signed by the MDC and some fringe opposition parties forming an alliance has unwittingly exposed deep-seated concerns within the country's biggest opposition party that its leader Morgan T...
PRESIDENT Robert Mugabe yesterday pleaded for financial support for the much-hyped land reform programme, which has largely remained underfunded amid lack of productivity at most acquired farms.Mugab...
Motorists in the border town of Beitbridge on Thursday survived on illegal fuel vendors whose business was brisk.Enterprising fuel vendors camped near service stations to capture disappointed motoris...
Government has commissioned a US$5.7 million hydro power project in Chipinge as more incentives are being extended to private players to invest in power generation.Guest of honour at the launch of Kup...
GOVERNMENT is expected to have accumulated a budget deficit of around $700 million during the first half of this year, far above the full year projection of a $400 million deficit, a Treasury source ...
THE Zimbabwe Asset Management Company (ZAMCO) has started to engage various investors interested in purchasing its distressed loan portfolio, chief executive Cosmas Kanhai has said.ZAMCO, created in 2...
THE Industrial Development Corporation (IDC) has relinquished its stake in troubled fast moving consumer goods manufacturer, Olivine Industries, to the Ministry of Finance and Economic Development.Th...
THE Employers' Confederation of Zimbabwe (EMCOZ) and the Zimbabwe Congress of Trade Unions (ZCTU) have expressed concern over government's engagement of National Employment Councils (NECs) for input i...
ZIMBABWE'S edible oils sector has recovered and is producing a surplus, but is unable to make inroads into the regional export market due to lack of price competitiveness, an industry body has said.Up...
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has partnered a Dutch firm called Rebel International Group, which specialises in infrastructure finance and investment, to construct new school...
GOVERNMENT has come up with guidelines to regulate the country's growing electricity industry to maintain order and create accountability in the use of the national transmission grid.The rules are de...
THE central bank's jewellery making subsidiary, Aurex Jewellery (Aurex), has started exporting gold chains and bangles to Dubai and is planning to extend its market to America.Aurex general manager, P...
THE Movement for Democratic Change (MDC) party, led by Morgan Tsvangirai, has expressed "shock and complete disappointment" over a recent decision by government to declare President Robert Mugabe's bi...