FINANCIAL SERVICES

Caledonia reports positive balance sheet

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...

By Staff reporter | Published: 12 August 2025

MINING & RETAIL

RioZim's US$21 million investment hangs in the balance

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...

By Staff reporter | Published: 11 August 2025

OPINION

Zimdollar future hangs in the balance

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...

By Eddie Cross | Published: 12 September 2023

OPINION

Cabinet was tight balance between economy, politics

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...

By Tapiwa Gomo | Published: 10 September 2018

POLITICS

EU provides $20m facility to fight gender imbalance

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...

By Staff reporter | Published: 23 July 2018

POLITICS

Zimbabwe media remain polarised, unbalanced

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...

By Staff reporter | Published: 22 July 2018

BUSINESS NEWS

BCC, Metbank partnership hangs in balance

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...

By Staff reporter | Published: 07 July 2018

MINING & RETAIL

ZCDC grows balance sheet

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...

By Staff reporter | Published: 15 June 2018

FINANCIAL SERVICES

RBZ sweats bulging RTGs balances

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...

By Staff reporter | Published: 20 October 2017

BUSINESS NEWS

Zim projects balanced budget by 2020

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...

By Staff reporter | Published: 18 October 2017

FINANCIAL SERVICES

FML sees balance sheet growth

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...

By Staff reporter | Published: 07 September 2017

INDUSTRIALS & ENERGY

Ex-Zisco employees' future hangs in the balance

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...

By Staff reporter | Published: 03 September 2017

FINANCIAL SERVICES

Guvamatanga's future hangs in the balance?

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...

By Staff reporter | Published: 04 July 2017

FINANCIAL SERVICES

'Banks to charge interest on declining balance basis'

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...

By Staff reporter | Published: 04 July 2017

LANDS & AGRICULTURE

Border Timbers in bid to restructure balance sheet

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...

By Staff reporter | Published: 02 April 2014

TRANSPORT & TOURISM

Future of NSSA's Beitbridge hotel hangs in the balance

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 ...

By Staff reporter | Published: 13 March 2014

ECONOMC INDICATORS

Zim trade imbalance could be understated

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...

By Staff reporter | Published: 10 March 2014

ECONOMC INDICATORS

Zimbabwe trade imbalance widens

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...

By Staff reporter | Published: 04 February 2014

ZIMBABWE

Zim's 2014 budget hangs in balance

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 - ...

By Staff reporter | Published: 24 January 2014

FINANCIAL SERVICES

Trust Bank's recapitalisation hangs in the balance

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 ...

By Business Reporter | Published: 26 November 2013

POLITICS

Future of Tsvangirai staff hangs in balance

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...

By Staff reporter | Published: 05 September 2013
Pages:
1

Latest News

Latest Published Reports

Latest jobs