NEWLY-elected Ward 4 Councillor, David Coltart, of the Citizens Coalition for Change (CCC) was yesterday sworn in as the new mayor for the City of Bulawayo.He will be deputised by Ward 9 Councillor, D...
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...
The dollar's record hot streak came under threat yesterday as Asia's biggest central banks took aim in different ways at the recent rally in the greenback.The People's Bank of China gave a strong warn...
A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war in Ukraine has left countries dangerously short of fuel supplies, disrupting airlines and ca...
MTN has published its integrated report for 2019, showing what its top executives were paid in the last year.MTN group chief financial officer, Ralph Mupita, took home the largest salary at the group ...
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...
About 1.2 million people in Zimbabwe have given up on securing employment, the Zimbabwe National Statistics Agency (Zimstat) has said as it reported that the national unemployment rate stood at 16 per...
The Reserve Bank of Zimbabwe and the Tobacco Industry Marketing Board have announced payment modalities to tobacco farmers although failing to meet all of the demands, which had been put forward by th...
Econet Wireless on Wednesday raised its data prices by 23 percent, as the Zimbabwe dollar continues its slide.According to ZimTechreview, the company said its voice tariffs remained unchanged.Econet, ...
Delta Corporation reported a 40% decline in lager beer volume in the second quarter to September 30, a performance reminiscent of 2016 where volumes were on a free-fall. This comes as pricing issues c...
Tharisa PLC on Tuesday said land on which it has special mining grants in Zimbabwe has been designated a special economic zone.A 50,667-hectare area has been given the designation, miner Tharisa said,...
THE MDC will erect a life-size sculpture at the party's headquarters in Harare in honour of its founding president - the late Morgan Tsvangirai - before the end of the year, the party's secretary-gene...
FORMER clerk of Parliament Austin Zvoma and his estranged wife Maria (nee Jeche), have reached a stalemate over the distribution of their immovable properties in Harare in divorce proceedings currentl...
SUBDUED power generation at Hwange Power Station is contributing to prolonged load shedding as only four units out of six are operating, general manager for the plant, Engineer Arnold Chivurayise, has...
WORK on the expansion of the Hwange Power Station Stage 7 and 8 expansion is on track with 26 percent ground work having been covered so far, Sunday Business has learnt.The Government contracted Chine...
The Zimbabwe dollar is expected to largely stabilise next year before it starts firming against the US dollar on the back of growing confidence in the domestic currency.The local currency would fall t...
PRESIDENT Emmerson Mnangagwa has kept to his word and resisted the temptation to take revenge on former first lady Grace Mugabe who terrorised him in 2017 and also humiliated him last month after her ...
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...
Cassava Smartech, an Econet spinoff, recently launched Sasai, a mobile application which mirrors China's WeChat. Of course, it is a first by Africa, but odds are highly-staked against its success.Ther...
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 government will pull a few tricks up its sleeves soon to stabilise the exchange rate as part of a broader task of creating a viable environment for business, Business Times reported.A team of Pres...
The government has started a pilot run of the new accounting system for its entities as it moves to professionalise the public sector, Business Times can report.Zimbabwe has adopted the International ...
Prospect Resources says a Zimbabwe Revenue Authority (ZIMRA) clearance certificate is the only remaining consent required to complete the transaction of increasing its stake in Arcadia Lithium Project...
MANY Zimbabweans have welcomed the tentative moves to end months of political brawling in the country between President Emmerson Mnangagwa and opposition leader Nelson Chamisa - through the holding of...
ZIMBABWE is making strides to close the digital divide between the country and the developed world by providing Internet access to marginalised areas, an official has said. Postal and Telecommunicatio...