The cooking oil industry has engaged the Reserve Bank of Zimbabwe (RBZ) to review the weekly allocation of US$500 000 per member at a time when the edible price has more than doubled due to opening up...
The stock market made a marginal swing back to negative territory weighed down by losses in Simbisa and Innscor although the market breadth was positive, as stocks remain a safe haven in this crisis p...
Willdale says sales volumes in the five months to February are 10% above prior year while profitability in the period has grown above the inflation rate due to an effective pricing mechanism and cost ...
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...
Government has gazetted a statutory instrument which directs that all classes of deposits in the banking system, should be indexed to treasury bill yields as part of efforts to promote fair compensati...
THE Zimbabwe Transmission Distribution Company (ZETDC) has directed consumers to revert to physical banking halls to purchase electricity tokens following technical glitches which have crippled its pr...
THE country requires robust state-of-the-art infrastructure for ICTs to be competitive in line with the global trends, Information Communication Technology and Courier Services Minister Kazembe Kazemb...
Energy and Power Development Minister Fortune Chasi has proposed a 30-year mandatory prison sentence for vandalising ZESA infrastructure. This comes after the power utility has suffered losses amounti...
THERE is palpable anger in the country against President Emmerson Mnangagwa and his inept government. People are bitter that their standard of living has plummeted to laughable levels in the past two ...
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,...
AS ZIMBABWE's political and economic crisis deepens, President Emmerson Mnangagwa has suggested that the church is taking sides in the turmoil - while also savaging opposition leader Nelson Chamisa fo...
THE Zimbabwe Republic Police (ZRP) has claimed there is an increase in cases of assault of its members by the public, a development the law enforcement body has described as disturbing.National police...
The Zimbabwe Stock Exchange (ZSE) is incredibly cheap at the moment and provides a viable and liquid hedge for long term savings such as pension funds, which are at risk of being wiped out by raving i...
RESERVE Bank of Zimbabwe (RBZ) deputy governor Jesimen Chipika has urged banks to focus on savings deposits in order to enhance financial support to the productive sectors.Productive sectors of agricu...
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 hearing of a Supreme Court appeal by MDC leader Nelson Chamisa in which he is seeking to overturn a High Court ruling nullifying his presidency of the country's biggest opposition party continues ...
ZANU-PF and MDC are engaged in a battle of wits over next week's anti-sanctions day after the parties lined up events to support and denounce the Southern African Development Community (Sadc). This co...
ZIMBABWEANS should brace for worse load shedding following "severe supply constraints" being experienced at South African power utility Eskom. The national power utility advised consumers about the la...
President Emmerson Mnangagwa and opposition leader Nelson Chamisa have come under immense pressure to dialogue Zimbabwe's way out of the economic meltdown with analysts saying that was the only soluti...
The International Monetary Fund is projecting Zimbabwe's economy to contract 7.1% in 2019 but will recover in 2020 to a moderate growth of 2.7% and 2.2% in 2021. The projections are in line with...
THE battle for shares in Telecel Zimbabwe (Private) Limited between a war veterans organisation Magamba Echimurenga Housing Trust and businessman James Makamba and nine other entities, has been set do...
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...
OPPOSITION MDC leader Nelson Chamisa has appointed a five-member integrity and accountability panel to investigate cases of corruption in local authorities led by his party.Addressing journalists at t...
HIGHLANDERS chairperson Kenneth Mhlophe has praised United Kingdom-based radio personality Ezra "Tshisa" Sibanda for his crowd-funding efforts to help the Bulawayo giants. While the Daily News could n...