Chinese shareholders get Mwana chair

June 9, 2015

Mwana Africa has appointed Yat Hoi Ning, an associate of its largest shareholder, China International Mining Group Corporation (CIMGC) as…

Zimbabwe earns $1.6 million in four months from tourism levy

June 8, 2015

Zimbabwe has collected up to $1.6 million in taxes levied on non-resident tourists in the four months to April, despite…

Chinese diamond miner Anjin ordered to reinstate 1 100 workers

June 8, 2015

Chinese diamond miner Anjin Investments has been ordered by Zimbabwe’s labour court to reinstate at least 1 100 employees it…

Blatter was not good for African soccer

June 8, 2015

International Football Association president Sepp Blatter defied calls from the media and developed countries to resign before the FIFA congress…

Zimbabwe’s tobacco earnings down 14 percent after 60 days of trade

June 8, 2015

Tobacco sales have fallen 14 percent in the 60 days of trade since the tobacco selling season started, the industry…

Innscor to unbundle its fast food business

June 8, 2015

Zimbabwe’s largest company by revenue, Innscor Africa Limited, is set to unbundle and separately list its fast food business in…

Mnangagwa gives Bulawayo some hope: “We are on the brink of flying” he says

June 7, 2015

Vice-President Emmerson Mnangagwa has given Bulawayo, once the country’s industrial hub but now a pale shadow of its former self,…

PG Industries to start paying unsecured creditors in October

June 7, 2015

Struggling hardware retailer PG Industries says it will start paying unsecured creditors in October after its court-sanctioned reconstruction scheme was…

Zimbabwe’s Unifreight starts retrenching

June 7, 2015

Transport and logistics group Unifreight Africa, formerly Pioneer  Corporation Africa, has embarked on a retrenchment exercise targetting an undisclosed number…

US court upholds $25m compensation award to Dutch farmers against Zimbabwe banks

June 7, 2015

A US judge this week threw out a bid by a Zimbabwean bank to have a $25 million compensation case…