Caledonia Mining Corporation has reported a robust second-quarter performance for the financial year, buoyed by the sale of its solar energy business for US$22,35 million, which significantly strength...
The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has reiterated that only a court-supervised corporate rescue can revive RioZim Limited, as the mining company's much-needed US$21 millio...
IT is imperative for every successful and expanding economy in the world to have its own currency and monetary policy. I make that statement because it is important for all Zimbabweans to understand t...
I WATCHED the Cabinet announcement with a colleague from East Africa, who opined that Zimbabweans are too easy to please and that they move on faster than expected.From the dusty campaign trail, the d...
THE European Union (EU) has set up a $20 million facility to fight all forms of gender-based abuse and violence.EU Ambassador to Zimbabwe Philippe van Damme confirmed the development last week, saying...
Despite the ethical and legal obligation to be impartial in their coverage of electoral processes, the media in Zimbabwe remain polarised and unbalanced in their electoral coverage and reportage, medi...
THE proposed housing development partnership between Bulawayo City Council (BCC) and Metbank still hangs in the balance, pending approval by the Local Government ministry.BCC last year proposed a part...
STATE-owned diamond mining firm, Zimbabwe Consolidated Diamond Company (ZCDC) has grown its balance sheet to almost $250 million on the back of an intensive investment drive that sought to build asset...
A confidence crisis is brewing over Zimbabwe's banking sector mainly driven by the gradual lo ss of value of bank balances due to the growing mismatch in the United States dollar exchange rate amid gr...
ZIMBABWE is projecting a balanced budget in 2020 on the back of fiscal consolidation and rigorous monitoring of the implementation of allocated resources, a 2018 budget strategy paper has shown.Govern...
FIRST Mutual Holdings Limited (FML) has said shareholder assent for the acquisition of NicozDiamond has poised the company to bolster its balance sheet to nearly $300 million by year end.Speaking to T...
THE future of former Zimbabwe Iron and Steel Company (Zisco Steel) workers is hanging by a thread after the Government announced that it will not be part of the recruitment process in the new deal wit...
The fate of Barclays Bank Zimbabwe (BBZ) managing director George Guvamatanga (pictured) is hanging in the balance after his company was recently taken over by Malawi First Merchant Bank (FMB).T...
BANKS must stop charging interest on loans once the interest payable equals the amount borrowed while interest charges should be on reducing balance basis, the Reserve Bank of Zimbabwe said in a frame...
BORDER Timbers, a forestry and timber processing company is looking at ways to restructure its balance sheet to further reduce finance costs and obtain improved tenures aligned to the cycle of its bus...
The National Social Security Authority is racing against time in its bid to regularise the Rainbow Tourism Group Beitbridge hotel by next Friday, a deadline by which its temporary permit expires. The ...
Zimbabwe's trade deficit could be significantly understated in view of indications by a World Bank study that partner countries have reported much lower import figures from the country.The report enti...
Zimbabwe's trade imbalance rose by 16 percent in 2013 in comparison to the previous year, according to figures released by the Zimbabwe National Statistics Agency (ZimStats).The trade deficit stood at...
Funding Zimbabwe's $4,1 billion 2014 National Budget will be a tough task as government's revenue collections continue to shrink, analysts say.This comes as President Robert Mugabe's administration - ...
THE recapitalisation of Trust Bank is hanging in the balance amid revelations that its potential investor, Mining Oil and Gas Service, a South African-based firm will only inject money into the bank ...
The fate of workers in the office of the outgoing PM Morgan Tsvangirai, officially employed by the Public Service Commission remains uncertain. The employees who were housed on 6 floors at Charter Hou...