The stock market fell further on Tuesday as the market breadth turned negative. Foreign participation remained insignificant and local liquidity remained restricted with turnover closing at $17.9m whi...
ONE of the questions that I ask myself daily is: Is there a point to this?I have to be honest, I feel defeated and I wonder if there is any hope that this country's fortunes will improve anytime soon....
Striking doctors on Sunday vowed to press on with their job boycott, despite getting an ultimatum from health minister Obadiah Moyo to report for work on Monday or face disciplinary action.The d...
In the absence of an international bailout package, the Reserve Bank of Zimbabwe has presented a monetary policy statement strongly focused on domestic resource mobilisation aimed at reviving the prod...
Zimbabwe re-introduced its local currency earlier than scheduled because the market was rapidly re-dollarizing, putting more pressure on the government, finance minister Mthuli Ncube said Monday.Ncube...
Energy minister Fortune Chasi has called on players in the private sector to collaborate with the government and invest in renewable energy to offset the power deficit in the country.Chasi's calls cam...
THE MDC Tuesday looked to have given up on demands for a dialogue process involving itself and Zanu-PF although reiterating President Emmerson Mnangagwa should allow a neutral mediator to handle the t...
PRESIDENT Mnangagwa yesterday said the removal of the multi-currency regime marks the country's return to normalcy while assuring Zimbabweans that the Bond note will not be decommissioned. Finance and...
Newly-appointed ZANU-PF national political commissar Victor Matemadanda has said his immediate task is to return the political party to the people by coming up with people centred programmes.Last week...
Plans to resuscitate ferrochrome producer ZimAlloys have been scuttled as the ongoing legal wrangle between the company's judicial manager and Indian investor Balasore rages on, it has been establishe...
GOVERNMENT plans to improve the interconnectivity of the National Railways of Zimbabwe with other countries in the region to improve the parastatal's market share and revenue, a Cabinet Minister said ...
Zimbabwe teachers said yesterday they would not be returning to their work stations next Tuesday when the schools open for the second term, unless the government reviewed their salaries.Progressive Te...
Former Grain Marketing Board (GMB) workers are at loggerheads with the lawyer who represented them after they were sacked on three months' notice in 2015 following the landmark Supreme Court ruling.Th...
Zimbabwe Stock Exchange (ZSE) listed roofing and building materials manufacturer, Turnall Holding, intends to increase its product range to include production and supply of non-asbestos roofing materi...
GOVERNMENT has taken its reform agenda to the Zimbabwe International Trade Fair (ZITF), as part of efforts to lure investors and resuscitate the country's struggling economy.In a statement yesterday, ...
Britain's minister for Africa Harriett Baldwin says her country supports an extension of EU sanctions against Zimbabwe and will not back its plan to return to the Commonwealth.The frosty relationship ...
AGRICULTURAL concern Ariston Holdings posted an after tax profit of $2,8 million in the full year to September from a loss position of $1,7 million in the prior year, on the back of cost-cutting measu...
The negotiations between health workers and Government yesterday failed to lure striking doctors back to work as they insisted on their demands despite the employer offering to review their allowances...
There is an effervescence in the economy - an imperceptible but definite shift towards re- dollarisation of the economy.Initially a trickle, this will soon turn into a mighty tide in one direction –...
TURNOVER on the Zimbabwe Stock Exchange (ZSE) dropped 22,37% to $118,03 million in November from $152,05 million in October as lower volumes were traded on the local bourse.The total volume of shares ...
ZANU-PF last week threw a lavish party to welcome back its official after he was released from jail, having spent 14 years behind bars for killing an MDC activist in the run-up to the 2002 general ele...
THE value of shares that were traded on the Zimbabwe Stock Exchange (ZSE) was up 74% in the first 10 months of the year to $715,3 million as resurgent inflationary pressures forced investors to seek r...
Finance minister Mthuli Ncube has now said there would be no mass layoffs of public sector workers because government has no money to bankroll retrenchment packages.He said government will now conside...
Hospitality group Africa Albida Tourism (AAT) says it is enjoying its busiest year ever, with occupancies at its flagship property Victoria Falls Safari Lodge enjoying occupancies of over 80% over the...
CABINET has approved the amendment of the Provincial Councils and Administration Bill, a move which could see the fulfilment of the long awaited devolution of power.Briefing journalists after Cabinet,...