The Zimbabwe Anti-Corruption Commission (ZACC) has launched an investigation into Highlanders Football Club over suspected corruption linked to player transfers and financial mismanagement.Confirming ...
Zimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out sweeping leadership changes across dozens of its portfolio state-owned enterprises (SOEs) as part of a bold st...
Zimbabwe's mining sector is experiencing a surge of fresh foreign and local investment, especially from Chinese firms eager to exploit lithium, gold, chrome, and coal deposits. However, this boom is s...
Mr. Hafiz Muhammad Naeem of Evergold was the star of the evening on Friday as he took home the Overall Winner and Businessman of the Year awards at the Zimbabwe National Chamber of Commerce (ZNCC) 202...
Zimbabwe's seed industry is teetering on the edge of collapse as the government grapples with ballooning debt, having failed to pay seed suppliers nearly US$270 million over the past three farming sea...
The European Union (EU) ambassador to Zimbabwe, Jobst von Kirchmann, has called on local businesses to develop bankable projects to attract investment funding, as the EU recently secured over US$100 m...
British companies are preparing to inject nearly US$1 billion into Zimbabwe's economy, targeting critical sectors such as dairy production, mining, and renewable energy. The investment drive signals a...
Chinese ambassador Zhou Ding has reiterated his country's strong commitment to supporting Zimbabwe's industrialisation and sustainable development agenda, as economic ties between the two nations cont...
The Government has engaged seven additional contractors to fast-track the full rehabilitation of the Bulawayo - Victoria Falls highway, a key economic and tourism corridor that has long been in a stat...
SOME local companies are reportedly negotiating distributor arrangements with United Kingdom (UK) firms and have identified business partners who will provide machinery for value-adding their products...
ZIMBABWE's telecoms sector has suffered a $37,1 million decline in revenue for the first time ever in the past four years.The latest Postal and Telecommunications Regulatory Authority of Zimbabwe (Pot...
POWER outages are wrecking Bulawayo's businesses, amid fears that the debilitating electricity cuts may force the closure of some firms, captains of commerce and industry have warned.This comes as Zim...
Eskom has confirmed that payment from Zimbabwe regarding outstanding debt is reflecting in the power utility's account. Earlier on Tuesday, Fin24 reported that Zimbabwe Energy minister Fortune Chasi p...
Government yesterday confirmed paying US$10 million to South African power utility, Eskom, to service the debt to the power utility - and the money was set to be in the receiver's bank by end of day y...
MORE Japanese are set to invest in Zimbabwe in response to the on-going economic reform process with Tokyo and Harare pushing for improved bilateral relations. Japanese Ambassador to Zimbabwe Mr Toshi...
Businesses in the insurance industry that fail or delay paying out claims of admitted liabilities under any policies risk having their operating licences cancelled as stipulated at law, according to t...
A BELARUSIAN business delegation yesterday paid a courtesy call on President Mnangagwa at his Munhumutapa Offices in Harare where it expressed interest in cooperating with Zimbabwe in different sector...
A SURVEY has revealed that 66 percent of local firms will pay bonuses this year, an increase of 16 percent from last year. The survey by Industrial Psychology Consultants covered a sample of 71 compan...
David Whitehead is in serious negotiations with two unnamed investors seeking to inject fresh capital and revive the struggling textile firm, sources familiar with the talks have revealed. The company...
ENVIRONMENTAL Management Authority (EMA) recently ordered the closure of three Chinese companies that were setting up coke-processing and solar power plants in Hwange without conducting environmental ...
INDUSTRIES in Bulawayo have started closing for the festive season, optimistic of resuming operations next year under an improved environment. Confederation of Zimbabwe Industries (CZI) Matabeleland c...
Priority in public procurement tenders must be awarded to local companies ahead of foreign contractors to boost local industry as well as save foreign currency, according to Finance and Economic Devel...
A CUSTOMER service symposium held last week attracted Zimbabwe's top entrepreneurs and firms, including quoted companies who gathered in Harare to explore strategies on how the country could catch up ...
Talks to merge three telecommunications companies, Zarnet, Powertel and Africom, are underway and will be finalised by the end of the year, businessdigest has learnt.Powertel and Zarnet are both State...
PRESIDENT Emmerson Mnangagwa says Zimbabwe is expecting German firms to list on the local bourse following a recent engagement visit by Treasury officials.Mnangagwa told delegates at the launch of Esc...