GOVERNMENT has once again signalled a major climbdown in its empowerment and indigenisation policy with Finance minister Patrick Chinamasa assuring foreign investors that no one would take 51% of thei...
ZIMBABWE is open to foreign direct investment (FDI) from anywhere in the world and is ready to re-integrate into the global economy, Finance minister Patrick Chinamasa has said.Speaking at a Sapes Tru...
China wants Zimbabwe to use its mineral proceeds to guarantee any future loans, a Chinese official said on Tuesday, adding that Beijing had already extended nearly $1.5 billion in the last three years...
A litany of warnings from senior executives at listed companies is signalling that Zimbabwe's economy faces significant mayhem for the next several quarters, with a recovery not likely to kick in anyt...
Business LiveAustralia says investing in Zimbabwe is extremely risky, likening the move to swimming in the dangerous crocodile-infested Zambezi River.Matthew Neuhaus, the country's ambassador to Zimb...
The Chinese government is ready to provide a package to fund the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset), the economic blueprint to steer economic revival over the ne...
Displacing imports that have flooded the country on the back of a struggling manufacturing sector will be a huge challenge for local companies in the future, a top government official said on Tuesday....
The Confederation of Zimbabwe Industries will maintain the drive for private sector familiarisation with Zimbabwe Agenda for Sustainable Socio-Economic Transformation with the third workshop to discus...
Sixty-two Zimbabwean companies have registered to exhibit at the South African Indaba Travel Trade Show next week at the Inkosi Albert Luthuli International Convention Centre in Durban, South Africa.T...
INDUSTRIAL Psychology Consultants (Pvt) Ltd (IPC) has awarded Seed Co the best employee award for the year ended 2013.Seed Co was selected through a survey which was conducted by the IPC to esta...
Veteran banker Nigel Chanakira says the leadership confusion in opposition party Movement for Democratic Change (MDC-T) will dampen investor confidence.The Zimbabwe Investment Authority chairman, who...
A large number of entrepreneurs focus on their gut feel and intuition to get ahead in the game. This may not be the only or best approach, since much can be drawn from science, theory and research.Cog...
THE Zimbabwe Revenue Authority (Zimra) has surpassed the revenue projection for first quarter by two percent to $834,6 million against a target of $817,9 million. In a statement, Zimra commissioner ge...
The Minister of Finance and Economic Development, Patrick Chinamasa says government has no capacity to clear its international arrears and principal debts with the Bretton Woods institutions that incl...
Government should shelve the idea of establishing a National Ports Authority until it can afford to undertake such a project without straining the country's fiscus, an official said.Zimbabwe Revenue A...
ZIMBABWE'S multi-currency regime will remain for the foreseeable future, the government said last night, trashing reports that its return was imminent.Deputy Information Minister Supa Mandiwanzira, sp...
THE ZIMBABWEAN government will be forced to reintroduce the Zimbabwe dollar as a desperate attempt to expunge growing domestic debt and manage its wage bill, former finance minister Tendai Biti ...
THE Industrial Development Corporation of Zimbabwe (IDC), a commercial arm of government, has failed to repay CBZ Holdings Limited, through which it raised $13,5 million in diaspora bonds two years ag...
Zimbabwe's government is scrambling to re-establish lines of credit pledged by Southern African Development Community (SADC) member countries four years ago, as it seeks to rescue the faltering econom...
Economic analysts say government's recurrent expenditure that accounts for 95 percent of total expenditure is a reflection of revenue underperformance and must be dealt with as a matter of urgency.Gov...
FINANCE Minister Patrick Chinamasa yesterday confronted US Ambassador to Zimbabwe Bruce Wharton over his country's recent tightening of its sanctions regime that saw the addition of one company and se...
COMPANIES should embrace the standardisation of goods and services to promote the export sector and reduce reliance on cheap imported products, Standards Association of Zimbabwe (SAZ) chairman, Trust ...
Stockbrokers Imara Edwards Zimbabwe say that Zimbabwe is at an opportune moment to attract foreign investment.Imara is one of the largest asset managers in Zimbabwe, managing segregated portfolios for...
ZIMBABWEANS imported 206,519 cars worth over $606 million between January and November last year, shock new statistics reveal.Finance and Economic Development Minister Patrick Chinamasa says the unreg...
Mashonaland West Provincial Affairs minister Faber Chidarikire has pledged free land to the Chinese in exchange for major investment in agriculture. Chidarikire told a Chinese delegation led by deputy...