Zimbabwe's current account deficit will widen by 0,8% by year end on the back of an increased foreign currency supply leading to higher imports, a leading industry and financial market analysis firm B...
CONTRACTORS for Zimbabwe Power Company (ZPC)'s 300 megawatt Gwanda solar farm have completed and submitted to the power utility the geo-technical survey report for the project, in a development inside...
ASPIRING candidates from different political parties have started submitting nomination papers after the Zimbabwe Electoral Commission (Zec) opened the process in preparation for the Nomination Court....
UK-based research firm-BMI Research, which is part of the Fitch Group, has forecasted bearish economic prospects for Zimbabwe this year as the ongoing liquidity crunch continue to weigh on production ...
THE National Social Security Authority says it has tabled the proposed social security scheme for the informal sector with an inter-ministerial task-force.In an interview with The Herald Business on p...
INTERNATIONAL research firm, BMI, has suggested that Zimbabwe will remain a net maize importer in the long term, despite a bumper harvest during the exceptional 2016/17 agricultural season.The countr...
Not for the first time, Zimbabwe has been warned that President Robert Mugabe's failure to resolve the succession issue could plunge the country into bloodletting violence.This comes as much-needed fo...
International brewing giant, SABMiller Plc, has expressed concern over the declining economic situation in Zimbabwe which saw net producer revenue (NPR) of its local unit - Delta Corporation - shrinki...
Global brewer SABMiller says the current economic crisis in Zimbabwe has affected the bottom-line of its subsidiary Delta Corporation. Alan Clark, SABMiller CE said in the year to March 2014 larger vo...
Leading brewer SABMiller's lager volumes in Zimbabwe were 18 percent lower in the full year to March 31, 2013.In a trading update this morning, SABMiller attributed the constrained performance of its...
Government is reviewing submissions made by gold mining companies pleading for a reduction in royalties to save the industry from potential collapse amid low bullion prices on global market. Gold mini...
CIGARETTE manufacturer British American Tobacco (BAT) Zimbabwe has submitted to government its indigenisation and economic empowerment compliance plan for the second year. The Indigenisation and Econo...
A Business Monitor International (BMI) Zimbabwe Food and Drink Report 2014 said massive remittance inflows from the large Diaspora population continued to drive private consumption in the country and ...
The Zimbabwe Stock Exchange's industrial index will this year depend on the policy environment and it could be highly volatile over the year, Business Monitor International (BMI) has said.This then me...
Major platinum miners in Zimbabwe have met a government deadline to agree and submit plans to build a major refinery in the country by the end of 2016, state media reported on Sunday.President Robert ...
Economic think tank, Business Monitor International (BMI), has forecast Zimbabwe's economy to grow by 3,4 percent this year due to limited foreign direct investment in the country.It said the country...
SABMiller announced on Wednesday that chairperson Graham Mackay, who has been with the company for 35 years, passed on.Mackay died peacefully on Wednesday morning with his family at his side, the grou...
THE new Income Tax Bill, which seeks to broaden the tax base, repeal and replace the Income Tax Act and Capital Gains Tax Act, has been submitted to President Mugabe for his assent. According to the G...
London - Britain-based brewer SABMiller posted rising first-half net profits on Thursday, boosted once again by strong growth in emerging markets.Earnings after taxation rose by almost nine percent to...
BULAWAYO-based textile firm Archer Clothing (Pvt) Ltd creditors would this month submit their final financial claims as the troubled firm's liquidation draws to a close.According to officials from the...
A LOCAL business pressure group Bulawayo Business Arise (BBA) has submitted a proposal to the Industry and Commerce ministry aimed at helping the new Zanu-PF administration draw up strategies of reviv...
PIONEER Africa Corporation has submitted an updated compliance proposal of its indigenisation plan and is now waiting for Government's response.Group chief executive officer of Pioneer Corporation Mr ...
ABOUT 1 000 foreign owned firms have submitted plans to comply with indigenisation thresholds, but less than half have so far been approved, an official said. A total of 1 119 plans have been processe...