MDC-T says it is not an extension of US foreign policy

July 2, 2015

The Morgan Tsvangirai-led faction of the Movement for Democratic Change says it is not an extension of United States foreign…

Estate Agency collapses after fraud, clients in a lurch as owners “skip the country”

July 2, 2015

One of Zimbabwe’s oldest real estate agents Fox & Carney, which is under liquidation, lost $300 000 to employee fraud…

Zimbabwe Stock Exchange loses $1billion value in first half bloodbath

July 1, 2015

The Zimbabwe Stock Exchange market capitalization plunged to $3.8 billion in the first half of 2015 after losing $1 billion…

CFI narrows its losses

July 1, 2015

Agro-industrial conglomerate CFI narrowed its losses to $3.8 million in the half-year to March from $5.5 million on improved performance…

French group plans to commission 2 000MW Zimbabwe thermal plant by mid-2019

July 1, 2015

Pan-African Energy Resource (PER), the French developers of the 2 000 megawatt coal-fired power plant in Binga, western Zimbabwe, plan…

Air Zimbabwe owes NHS $12m in handling fees

July 1, 2015

Zimbabwe’s troubled national airline Air Zimbabwe has accumulated debt of up to $12 million in unpaid handling fees to state…

Falgold sells off majority shareholding in Venice Mine

June 30, 2015

Resources group Falcon Gold has sold off the majority of its shareholding in Venice Mine near Kadoma to an unnamed…

Zimbabwe tender board approves $2.3 billion energy projects

June 30, 2015

Zimbabwe’s State Procurement Board has approved $2.3 billion worth of energy tenders over the last five years as the country…

Zimbabwe succession already decided

June 30, 2015

Zimbabwe’s succession battle has already been decided. According to United States-based Stratfor Enterprises- a geopolitical intelligence firm that provides strategic…

National Handling Services seeks $5.5 million from local banks to retool

June 30, 2015

Zimbabwe’s state owned cargo handling firm, National Handling Services (NHS) says it is in talks with local banks — CBZ…