A DEAL in which Indian firm, Whinstone Enterprises, was set to pour in funding into Lancashire Steel in a joint venture arrangement, has crumbled after the firm failed to follow laid down Government p...
A DEAL in which Indian firm, Whinstone Enterprises, was set to pour in funding into Lancashire Steel in a joint venture arrangement, has crumbled after the firm failed to follow laid down Government p...
GOVERNMENT is working on a plan to rebuild the coffee sector after output plummeted from almost 15 000 metric tonnes (mt) in 1989 to less than 200 mt in the past few years.According to a paper titled ...
Former president Robert Mugabe's son, Chatunga Bellarmine, is set to lose property after failing to pay rentals for his butchery in Chitungwiza.A writ of execution has since been issued for the attach...
TALKS among five opposition political parties based in Matabeleland region to form a regional pact ahead of this year's general elections have reportedly collapsed as the leaders could not agree on a ...
THE apparent plan by former leader Robert Mugabe and his wife Grace to sink President Emmerson Mnangagwa's election bid in this year's keenly-anticipated national polls is effectively dead in the wate...
GWERU-based giant ferrochrome producer, Zimbabwe Alloys, judicial managers - Grant Thornton International - has terminated a $100 million investment deal which the chrome smelting company entered with...
Harare City Council's $100 million deal for the construction of a waste management plant at Pomona Dumpsite has collapsed after the tender expired. The then State Procurement Board was supposed to adj...
THE Zimbabwe Revenue Authority's (Zimra) Asycuda Plus online system has once again collapsed, raising fears of chaos during Easter when thousands of holidaymakers throng Beitbridge Border Post on thei...
The proposed acquisition of ZimAlloys' 70 percent shareholding by Balasore Alloys of India is hanging in the balance amid revelations that the Bombay Stock Exchange listed company has failed to meet t...
THE US$200 million Gwanda solar project has all but collapsed as controversial businessman Wicknell Chivayo has expressed fears that the fraud and corruption charges levelled against him by the Zimbab...
There are fears that the Zimbabwe Alloys $100 million deal with Indian Investors Balasore Group could collapse amid indications that one of the Indian investors Pramod Mittal is embroiled in tax scan...
CLEARANCE of goods at the country's border posts has reportedly been at a standstill since Friday following a technical hitch with the customs and excise department's automated system, also known as ...
Troubled AfrAsia Bank Zimbabwe Limited (ABZL) has surrendered its banking licence after its Mauritian shareholder gave up on turning around the bank's fortunes.Apart from a Reserve Bank of Zimbabwe (R...
NEGOTIATIONS between the Industrial Development Corporation of Zimbabwe (IDCZ) and South Africa's largest development finance institution, IDC, for a $10 million bailout have collapsed, a senior execu...
The ostrich industry in Zimbabwe has virtually collapsed with the few birds left found in private wildlife parks while the association of producers has also folded, leaving farmers without a represen...
BOTSWANA Stock Exchange listed Sefalana Holdings bid to buy starafrica corporation's 33 percent stake in Tongaat Hullet Botswana collapsed after the parties failed to agree on price, sources close to ...
MORE than 10 big companies in the clothing industry in Bulawayo have closed shop in the last few years, as challenges affecting the sector continue unabated, the National Union of the Clothing Industr...
THE collapsed David Whitehead could be thrown into liquidation due to insolvency, denting the hopes of more than 3 000 employees who were expecting to return to work.The provisional judicial manager...