National Railways of Zimbabwe (NRZ) is targeting to generate at least US$1 million annually from leasing out some of its properties across the country as part of an initiative to widen its revenue bas...
When crude surges above US$90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take note.After half a year in th...
Listed cement maker, Lafarge Zimbabwe will soon commission a new vertical roller mill plant at its Manresa complex as it seeks to double its output, CEO Godfrey Ndugwa has said.The launch of the verti...
Pursuant to the proposal to transfer the ZSE Secondary Listing of Seed Co International Limited from the ZSE to the soon to be established VFEX, a proposal to merge the Zimbabwean operations, held und...
Government has dangled a carrot to potential investors in the renewable energy sector by giving tax breaks as well as awarding national project status for such ventures.This is contained in the new en...
Lafarge has budgeted US$25 million for its expansion project which will double capacity by year-end 2022. The expansion plan kicked off this morning at a ground-breaking ceremony for a Dry Morta...
PRESIDENT Emmerson Mnangagwa yesterday threatened 'troublesome' union leaders reported to be inciting the strike by doctors at public health institutions."Last month we gave them an increment twice, b...
MINISTRY of Energy secretary Gloria Magombo was yesterday grilled by Parliament over issues of rebundling of Zesa with MPs questioning why an institution that was recently unbundled was now being rebu...
The Zimbabwe Anti-Corruption Commission (Zacc) is probing Gloria Magombo, the permanent secretary of the Ministry of Energy and Power Development on allegations that she has been drawing a salary fr...
The ZSE gained 0.07% as marginal losses in the big caps were offset by moderate gains in mid-tier stocks pushed by small trades. The session yielded eleven gainers and six fallers, with the Old Mutual...
ZANU-PF youths have vowed to grab the farm of exiled Generation 40 (G40) kingpin Patrick Zhuwao and redistribute it among themselves. This comes after the self-exiled former Cabinet minister claimed t...
THE economy is projected to grow by 4,6 percent next year, building on the ongoing reform initiatives and broader positive assumptions in the domestic sector and favourable global trade indicators, ac...
POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says mobile operators experienced an increase in volume and value of mobile money transactions with cash-in transactions surging...
The state-controlled Zimbabwe Consolidated Diamond Company (ZCDC) says it expects to double its diamond production to 6,12 million carats next year up from the 3,1 million carats projected for 2019.At...
PRESIDENT Emmerson Mnangagwa's government has launched a fresh blitz against Zanu-PF bigwigs and other crooks who have stashed billions of United States Dollars abroad the Daily News reports. This com...
ZIMBABWE Stock Exchange listed cement producer, Lafarge Zimbabwe Limited, swung to profitability in the six months to June this year against a loss in the prior comparative period thanks to good volum...
Morgan & Co, a securities firm yesterday launched a research app that offers interaction between the capital markets and investors.The Morgan & Co Research App is meant to simplify the investm...
The ZSE added $8.78 billion in value during September as the local bourse closed the month 40% higher and the third quarter 14% higher. Overall, in nominal terms the month yielded 45 gainers and 3 fal...
Gold production at Eureka Mine in Guruve is expected to resume within the next 18 months with refurbishment and rehabilitation work progressing well.At its peak , Eureka Gold Mine was the country's pr...
FURNITURE and electrical appliances retailer, TV Sales & Home, has acquired a 49 percent stake in bed maker, Restapedic, and separately established a joint venture lounge suite manufacturing compa...
Harare City Council yesterday presented a ZW$483 million supplementary budget which will see a 300% rise in charges for water, refuse collection, clamping fees, tow-away and burial space, among other ...
THE Registrar-General (RG)'s Office has been incurring huge costs for unfinished district registry office projects, whose prices have since doubled or trebled due to late implementation.This was revea...
MORE than 10 days after the Warriors' humiliating exit from the 2019 Africa Cup of Nations (Afcon), coach Sunday Chidzambwa still remains in his job despite the outrage at the shambolic displays.The W...
AFTER weeding out his new rivals - who brought him to power - in the security sector, President Emmerson Mnangagwa has now shifted the purges to Zanu-PF, targeting the ruling party's heavyweights seen...
High Court judge Justice Joseph Musakwa has ruled as not urgent an application by businessman and lawyer, Tawanda Nyambirai who was seeking an order to interdict Finance minister Mthuli Ncube and Rese...