The Tsholotsho Rural District Council (RDC) has been plunged into controversy following allegations of misappropriation of Communal Areas Management Programme for Indigenous Resources (Campfire) fund...
By Staff reporter | Published: 06 November 2025
The Supreme Court has dismissed an appeal by businessman Lovemore Kurotwi and his company Canadile Miners (Pvt) Ltd, ending a long-running legal battle over US$3.6 million originally belonging to the ...
By Staff reporter | Published: 03 November 2025
Assets in Zimbabwe's pensions sector grew by 6 percent to US$2,63 billion in the first half of 2025, driven by new investments and fair value gains. However, the Insurance and Pensions Commission (IP...
By Staff reporter | Published: 20 October 2025
Primary and Secondary Education Minister Dr Torerayi Moyo has assured that funds are available to pay teachers who will mark public examinations conducted by the Zimbabwe School Examinations Council ...
By Staff reporter | Published: 09 October 2025
The government has released part of the US$2.2 million needed to rehabilitate Chitungwiza's failing sewer system, beginning critical works on the Zengeza Outfall Sewer Line.Harare Metropolitan Affairs...
By Staff reporter | Published: 03 October 2025
Harare Mayor Jacob Mafume has raised serious concerns over the management and allocation of the council's pension funds, questioning their effectiveness in supporting local businesses and infrastructu...
By Staff reporter | Published: 02 October 2025
The Grain Marketing Board (GMB) has cleared all outstanding payments to wheat farmers and confirmed it already has funds in place to purchase this year's crop.GMB Chief Executive, Edson Badarai, annou...
By Staff reporter | Published: 15 September 2025
Millions of dollars earmarked for road rehabilitation and water infrastructure in Harare have disappeared under murky circumstances, with contractors paid in full for projects that were never carried...
By Staff reporter | Published: 16 August 2025
Financial services giant ZimRe Holdings Limited (ZHL) is mounting a fresh bid to reclaim more than US$1,1 million still locked in the United States from the sanctions era, chief executive officer Stan...
By Staff reporter | Published: 08 August 2025
Informal traders aligned with Zanu PF’s affiliate group Vendors for ED have begun receiving financial support through the Presidential Revolving Fund, disbursed via the Empowerment Bank.The initiati...
By Staff reporter | Published: 24 July 2025
THE upcoming Pensions and Provident Fund Bill will allow pension funds to invest up to 20% of their assets in offshore markets, but the regulator says this is subject to the fulfilment of local obliga...
By Staff reporter | Published: 11 October 2019
Harare City Council has approved plans to sell 1000 herd of cattle to raise $3,5 million for capital projects meant to improve the state of its farms.The cattle are being kept Crowborough, Ingwe and P...
By Staff reporter | Published: 06 October 2019
Retailers have called on Government to establish a distress fund that will help re-capacitate and restock businesses that fell victim to the looting and vandalism that took place during last week's vi...
By Staff reporter | Published: 25 January 2019
Government will recover all the money looted from the Zimbabwe National Road Administration (Zinara), President Emmerson Mnangagwa has said. An audit report by Grant Thornton unearthed massive looting...
By Staff reporter | Published: 05 December 2018
Zimbabwe requires $1,2 billion to finance new power projects and repair ageing infrastructure, a report by the African Development Bank (AfDB) has shown.Several of the country's thermal power stations...
By Staff reporter | Published: 02 December 2018
China, a comprehensive strategic partner of Zimbabwe, feels its debt stricken ally has moved slowly towards seizing funding opportunities Beijing pledged at this year's Forum for China-Africa Co-opera...
By Business Weekly | Published: 30 November 2018
ENVIRONMENT, Tourism and Hospitality Industry minister Prisca Mupfumira has warned parastatals under her ministry to desist from corrupt tendencies that have crippled most parastatals and State-owned ...
By Staff reporter | Published: 27 November 2018
INTERNATIONAL airlines operating in Zimbabwe are reportedly contemplating cancelling their routes after failing to recover a cumulative more than $130 million repatriation funds they are owed by the c...
By Staff reporter | Published: 27 September 2018
THE battle for control of the opposition MDC-T alliance's resources has taken a new angle with leader of the breakaway faction Thokozani Khupe threatening to take her rival Nelson Chamisa to court dem...
By Staff reporter | Published: 04 July 2018
The United States (US) yesterday confirmed that the quasi-political civil society organisations it had been funding to push the regime change agenda in Zimbabwe squandered funds meant for the "project...
By Staff reporter | Published: 03 July 2018
TRANSPORT minister Joram Gumbo and his Local Government counterpart July Moyo are in deep trouble over US$300 000 which was sunk in a botched deal in which controversial airline Zimbabwe Airways (ZimA...
By Staff reporter | Published: 22 June 2018
CHINA Exim Bank has released the initial $200 million to immediately kick-start the $1,5 billion Hwange Thermal Power Station expansion project in Matabeleland North province.President Emmerson Mnanga...
By Staff reporter | Published: 20 June 2018
ECOBANK Zimbabwe, a unit of Togo-based Ecobank Transnational Inc, is arranging a $45 million line of credit to fund importation of critical raw materials, an official has said. Zimbabwe is grappling w...
By Staff reporter | Published: 20 June 2018
Standard Chartered Zimbabwe is mulling engaging United Kingdom development finance institution, CDC, for an additional loan funding to support private sector, as it emerged Britain's first loan to the...
By Staff reporter | Published: 01 June 2018
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says more individuals and companies continue to heed Government's call to repatriate funds salted away in prior years.The RBZ is next week expe...
By Staff reporter | Published: 28 May 2018
OK Zimbabwe posts US$17,8 million loss 
Hichilema meets Chivayo 
Millions celebrate Diwali festival in India 
Econet Zimbabwe to delist from ZSE 
Gold edges up as traders await guidance 
Mnangagwa fires Chitando, appoints Polite Kambamura 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
