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...
The Zimbabwe Stock Exchange (ZSE) says it will introduce the much anticipated Exchange Traded Funds (ETFs) this quarter as part of its concerted efforts to improve product offering to the market.In Ap...
Striking doctors must return to work within 48 hours, or face a misconduct charge, the Labour Court ruled on Friday.The court found that the work boycott by junior doctors pressing for better pay, whi...
NETONE'S mobile money transfer service, OneMoney has grown by 97 percent in the three months ending September 30, 2019, driven by unique offerings including OnePay, a bulk payment facility, an officia...
THE Reserve Bank of Zimbabwe (RBZ) said on Friday it got offers four times more than the $100 million it sought to raise through treasury bills (TBs), signalling high investor appetite in the instrume...
PREMIER African Minerals will soon meet the Mining Affairs Board over the company's application for an Exclusive Prospecting Order (EPO) at its Zulu Lithium and Tantalite project in Matabeleland South...
Zimbabwe will in coming weeks sign agreements on the development and value addition of lithium lead batteries as the country seeks to transform the mining sector into a $12 billion industry in the nex...
NetOne Managing Director for Mobile Financial Services (MFS) Nkosinathi Ncube tendered his resignation on Tuesday this week.Few details on his departure from the company have however emerged. NetOne C...
ZimTrade chief executive Allan Majuru says he expects the trade policy and export strategy (TPES) document meant to boost exports to be ready before the end of the third quarter.The TPES is an impleme...
Zimnat and THI Insurance, which earlier this year entered into an underwriting management agency agreement with Zimnat General Insurance, are jointly participating in this year's Agricultural Dealers'...
THE MOVEMENT for Democratic Change led by Nelson Chamisa will use its upcoming congress to evaluate strategies it has been using to pile pressure on Zanu-PF and government over critical electoral law ...
A SECURITY guard at the Zimbabwe Consolidated Diamond Company (ZCDC) premises was arrested for stealing five pieces of the precious stone after he was sold out by the closed circuit television (CCTV)....
Zimbabwe intends to vigorously pursue local value addition of its lithium resources to maximise export earnings from the mineral, a Cabinet Minister has said. Lithium is used to make various items inc...
Delta Corporation's anchor shareholder, AB InBev, will place over $120 million in unremitted dividends and fees in Reserve Bank of Zimbabwe (RBZ) savings bonds thereby reducing pressure on the demand ...
DIVERSIFIED group, Innscor Africa Limited says it is now leveraging on its domestic fast-moving consumer goods line to cushion itself from high foreign currency requirements. The company said although...
The Ministry of Industry and Commerce will host a clothing manufactures indaba in Bulawayo meant to find a way forward in resuscitating the sector.During his familiarisation tour of clothing manufactu...
Minister of State for Mashonaland East Provincial Affairs Appolonia Munzverengi has applauded the new dispensation's "Zimbabwe is Open for Business" mantra, saying it is yielding positive results in h...
PROSPECT Lithium Zimbabwe (PLZ), a unit of Australia Stock Exchange-listed Prospect Resources Plc, has applied for special economic zone status (SEZ) for its multi-million dollar Arcadia Lithium proje...
President Mnangagwa has officiated at the ground breaking ceremony of the Arcadia Lithium Mine in Chikwaka, Goromonzi that is expected to have an initial investment of $ 165 million. The project is ex...
Zimbabwe's sole lithium producer, Bikita Minerals, has set its sights on beneficiating the mineral in a development that is expected to rake in more foreign currency for the country in line with Gover...
Australia Stock Exchange (ASX) listed Prospect Resources Plc says its Arcadia Lithium project, located 38 kilometres east of Harare, has proven capacity to generate nearly $3 billion in export revenue...
BULAWAYO textile giant, Archer Clothing Manufacturers, says it is struggling to process orders owing to a shortage of foreign currency for importation of inputs, machinery and equipment.The company es...
Five Harare men were on Wednesday jailed to 10 years each for stealing Zesa and telecommunication cables in the city.Tawanda Mutekedzi (28), Paul Chisano (22), George Chimbutira (27), Stanley Muvirimi...
NEWLY-elected Bulawayo Deputy Mayor Tinashe Kambarami is a convicted thief who was fined by a court for stealing an electrical extension cord, it has emerged. According to court records, Kambarami (32...
AUSTRALIA Stock Exchange (ASX) listed Prospect Resources, says its Zimbabwean unit, Prospect Lithium Zimbabwe, has secured $10 million export finance facility from the Reserve Bank through CBZ Bank Li...