POULTRY feeds production increased by 58% to 110,121 tonnes in the last quarter of 2018 and generated more than $106,5 million in revenue, latest industry reports have shown.In an industry update, Zim...
The Zimbabwe Revenue Authority (Zimra) has garnished Walter Magaya's Prophetic Healing and Deliverance (PHD) Ministries accounts for alleged tax arrears amounting to $22 million.According to a Zimra s...
The Special Economic Zones Authority says it has approved three investors for special economic zone status in Bulawayo.This follows the declaration of Belmont, Kelvin and Donnington industrial areas a...
EMPLOYERS Confederation of Zimbabwe (Emcoz) will this month hold a crucial meeting with Labour minister Sekai Nzenza over the state of the economy.The meeting comes at a time the economy is experienci...
Zimbabwe's recurrent political turmoil-which took a turn for the worse after last year's disputed presidential election - is hurting the economy badly by amplifying negative perceptions about the coun...
The Zimbabwe Special Economic Zones Authority (ZIMSEZA) says it has approved $22 million worth of investments for Bulawayo. This comes as government is implementing various measures to revive the coun...
CABINET yesterday approved a litany of measures meant to strengthen under-performing parastatals such as Air Zimbabwe, the Grain Marketing Board and Zesa Holdings.Addressing journalists soon after the...
Britain's minister for Africa Harriett Baldwin says her country supports an extension of EU sanctions against Zimbabwe and will not back its plan to return to the Commonwealth.The frosty relationship ...
Tetrad Investment Bank, which is under provisional judicial management, has petitioned the High Court seeking the incarceration of Kadoma gold miner, Jameson Rushwaya over a $174 000 debt.Through its ...
MORE than 400 company executives drawn from across Africa are next week expected to converge in the resort town of Victoria Falls for the annual CEO Africa Roundtable, whose aim is to deliberate on th...
RAINBOW Tourism Group (RTG) says the refurbishment of its Bulawayo Rainbow Hotel will be completed by March 31, in time for the Zimbabwe International Trade Fair. RTG corporate communications an...
LEGAL think-tank Veritas has rapped government's lethargy in implementing recommendations of the Commission of Inquiry into the August 1, 2018 post-election violence in which military personnel shot a...
ENERGY and Power Development Minister Joram Gumbo has assured motorists not to panic as Government is not planning to increase fuel prices again. His assurance comes after reports on social media indi...
Government has drawn-down $45,9 million, representing 30 percent of the total project cost for upgrading and modernisation of the Robert Gabriel Mugabe International Airport. The RGM International Air...
The actual construction works for Zesa's US$1,4 billion Hwange Power Station (HPS) 7 and 8 extension project have started, giving hope the project will be completed within time and original budget, a ...
THE National Pharmaceuticals Company (NatPharm) will soon establish retail pharmacies that will dispense drugs at affordable prices and accept forms of payment accessible to the majority as Government...
Swiss billionaire and owner of Dolder Grand Hotel in Zurich, Mr URs Ernst Schwarzenbach, has expressed interest in investing in Zimbabwe, in a development that could bring an ultra-luxury, 7- Star hot...
Business has welcomed the Reserve Bank of Zimbabwe (RBZ)'s move to allow payments through the real time gross settlement (RTGS) system for foreign currency account (FCA) holders.The Ministry of Financ...
Text of speech by MDC leader Nelson Chamisa as prepared for delivery at a news conference in Harare on Tuesday, January 29:THE situation in the country has reached crisis levels. The country is curren...
Zimbabwe Power Company's (ZPC) bid to add more electricity to the national grid has suffered a setback after regulatory authorities put a hold on its request for a licence extension until it addresses...
REDAN Petroleum has given in to pressure and reversed its decision to debase fuel coupons following President Emmerson Mnangagwa's decision to hike fuel prices by 150% three weeks ago.The decision fol...
ZIMBABWE recorded a trade deficit of $2,3 billion in the period between February and December 2018, latest trade data has shown.Figures released by the Zimbabwe National Statistics Agency (ZimStat) sh...
Former Higher and Tertiary Education, Science and Technology Development Minister Professor Jonathan Moyo - who was slapped with a $5 million defamation suit by Vice President Constantino Chiwenga - h...
SELF-EXILED former Higher and Tertiary Education minister Jonathan Moyo has been given a 10-day ultimatum by the High Court to defend a $5 million defamation lawsuit filed by Vice-President Constantin...
THE pharmaceutical sector in Zimbabwe owes foreign suppliers more than $39 million for imported raw materials as well as finished products, resulting in supplies to the southern African country being ...