THE dispute between the Bulawayo City Council and the Zimbabwe Power Company over the ownership of the Bulawayo Power Station has taken a dramatic twist after it emerged that title deeds to the disput...
TWO Flags Trading (Private) Limited is the legitimate owner of the gold-rich Lennox Mine in Mashava and various contestations by the rival Tambanashe Enterprises were a mere waste of the court's time,...
Zimbabwe does not plan to change its ownership rules for diamonds and platinum, Mines and Mining Development Minister, Winston Chitando, said on Monday. Although some miners are hoping the country wil...
Diversified insurance giant Zimre Holdings has been identified as government's sleeping partner in the troubled public bus company Zupco. Account general Daniel Muchemwa says government was equally sh...
HIGH Court judge Justice Alphas Chitakunye has ordered Hotel Elizabeth shareholders to share the $200 000 dividends declared two years ago, putting to rest the long-running legal wrangle between co-di...
A STORM has rocked Telecel Zimbabwe over its ownership structure, as two directors James Makamba and Gerald Mlotshwa, are both claiming chairmanship of the country's third largest telecoms group.Makam...
What is special excise duty?Special Excise Duty is charged in terms of Section 172 of the Customs and Excise Act (Chapter 23:02). It is a tax levied on sale, transfer or disposal of second hand vehicl...
Government yesterday took delivery of a Boeing 777 aircraft from Malaysia, which is part of an envisaged fleet of 10 aeroplanes to be managed under a new company tasked to boost the local aviation sec...
Nedbank Zimbabwe, a unit of South Africa's Nedbank group will not be venturing into housing development like other local financial institutions but will rather focus on providing financial instruments...
A MAJOR shareholder in Chaparrel Trading, a petroleum retail company operating the Trek Petroleum brand, has challenged government's takeover of the company in the High Court, alleging the transaction...
THE National Railways of Zimbabwe (NRZ) has taken the Synod of Central Africa of the Reformed Church in Zimbabwe (RCZ) to court in a bid to seek transfer of two Harare properties, which the parastatal...
Economic empowerment does not only apply to foreign-owned companies, but also to local firms willing to partner Government in various sectors of the economy, President Mugabe has said. In an int...
Zimbabwe is willing to let foreign-owned platinum mining firms own majority shares in their local operations if they build a refinery in the country, the mines minister said on Thursday.The southern A...
Zanu-PF's thrust is to ensure Zimbabweans assume 100 percent control of the country's natural resources and bring about sustainable national development which is home grown, the party's First Secretar...
Mines deputy minister Gift Chimanikire said Zimbabwe will look to revisit laws that restrict foreign ownership of mining licenses in the next two to three months, but will not seize mine assets fr...
Development projects for the Mhondoro-Ngezi-Chegutu-Zvimba community share ownership trust are in limbo due to infighting among the 12 chiefs and other trustees of the three districts covered by the...