Brainworks Capital Management (BCM) has been garnished by the Zimra over failure to pay in $6 million tax debts, it has emerged. The firm's non-executive director, George Manyere said that the garnish...
Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) executive director, Caleb Fundanga has said Zimbabwe must make a clear and final decision on the currency in use...
DEPUTY Chief Secretary to the President and Cabinet Ray Ndhlukula says some State enterprises have not produced audited financial results for the past 10 years and were contributing far less to the ec...
FINANCE and Economic Development Minister Patrick Chinamasa was yesterday forced to suspend debate on the nomination of Industrial Development Corporation general manager Mr Mike Ndudzo as new Auditor...
Government is building diamond and gold reserves to back the local currency upon its re-introduction in future, Vice-President Emmerson Mnangagwa has said. VP Mnangagwa refused to disclose when the lo...
Vice-President Emmerson Mnangagwa has revealed that the defunct Zimbabwean dollar could soon be resurrected, as the government is gradually piling up gold and diamond reserves to back it up since they...
Industry and Commerce Ministry officials will meet their South African counterparts as part of the ongoing dialogue over the importation of goods from the neighboring country.The ministerial meetings ...
All those who graduated from public institutions starting with the University of Zimbabwe from 1980 to 2006 and received government grants would be required to pay US$1000 that will go towards a revol...
COMMERCIAL banks held just $65 million physical cash foreign currency, bond notes and coins at the end of May, central bank data shows, highlighting a mounting cash crisis that has wracked the economy...
ZIMBABWE has defaulted on the National Oil Company (NocZim) debt, incurring nearly $90 million in penalties last year, despite raising an average $40 million annually through a fuel levy introduced to...
PRESIDENT Robert Mugabe has sacked Auditor General, Mildred Chiri, more than two years before the expiry of her contract signed in 2013, The Financial Gazette reported.Although Chiri has been in her ...
ZIMBABWE has received over $3 billion in aid from Western governments since 2012, official data shows, despite a two-decade-long diplomatic fall out and sanctions targeted at President Robert Mugabe a...
THE Harare City Council (HCC) has hiked residential and commercial building inspection fees by 100 percent.City fathers said the increase in charges was needed to cover administrative costs of inspect...
Energy and Power Development minister Samuel Undenge yesterday urged all urban municipalities to adopt and develop biogas projects.Speaking during a tour of the Mbare biogas project, Undenge said the ...
EXHIBITORS at the just-ended Mining, Engineering and Transport (Mine Entra) expo have called on organisers of the event to reduce exhibiting charges to avoid chasing away potential exhibitors.Running ...
Vice President Phelekezela Mphoko has been sucked into a dispute between Bulk Cash and Carry Wholesale (BCCW) and one of its employees who has made a report to the police, accusing the company of exte...
FINANCE minister Patrick Chinamasa has warned that the Zimbabwe Revenue Authority (Zimra) will soon swoop on land barons and launch lifestyle audits on them, even though they are using their membershi...
THE Government has secured $242 million from the European Union (EU) and the Food and Agriculture Organisation to support the agriculture sector in the 2017/18 farming season.According to the Common M...
The Minister of Industry and Commerce, Dr Mike Bimha has implored the Special Economic Zones board to work hard in mobilising investment to the country, saying failures of the past should not be repe...
The Zimbabwe Revenue Authority (ZIMRA) says the synchronisation of vehicle registration between ZIMRA and the Central Vehicle Registry (CVR) is expected to curb rampant smuggling of vehicles.Th...
Securities and investment firms are targeting to harness potential from the 4 million Zimbabwean diaspora community base to promote appetite towards capital market investments.Capital markets in Zimba...
The Institute of Directors Zimbabwe (IDZ) is recording progress on the initiative to promote a 50 percent women representation in company boards.The programme started last year to redress the skewed s...
The retail sector has raised concern over poor monitoring mechanisms by monetary authorities as some companies are not banking their cash for circulation purposes.As the cash crisis increases, the ret...
Industrial Development Corporation General Manager Mr Mike Ndudzo has been appointed Auditor-General, taking over from Mrs Mildred Chiri who is stepping down following the expiry of her tenure.Mr Ndud...
A new study by two Zimbabwean climate science experts could make it possible to predict El Nino Southern Oscillation (ENSO) ENSO several months before its occurrence.Climate experts say ENSO is one of...