NMB sources $12m lines of credit

May 26, 2015

NMB Bank has received a line of credit for $7 million from an unnamed investor and is expecting a further…

US trade mission to visit Zimbabwe next month

May 26, 2015

A trade mission from the United States will visit Zimbabwe in June to scout for investment opportunities, in a sign…

OK Zimbabwe profit down 22 percent

May 26, 2015

OK Zimbabwe, the country’s largest retailer, has reported a 22.2 percent decline in after-tax profit in the year-ended March 2015,…

We must build Zimbabwe on mistrust, Biti says

May 26, 2015

Former Finance Minister Tendai Biti says Zimbabweans must build the country on mistrust because if they put their faith in…

Nampak Zimbabwe operating profit down 68 percent

May 26, 2015

Nampak Zimbabwe’s operating profit dropped by 68 percent to $1.2 million for the six months to March 31 due to…

Another Chinese investor ups shareholding in Mwana Africa

May 25, 2015

Mwana Africa shareholder Feng Hailiang has increased his stake in the resources group to 9.3 percent after acquiring some of…

Comedy with a little distortion of history

May 25, 2015

Zimbabweans have a knack for laughing at themselves even when things are not going well and they should be moaning…

Anjin loses case allowing former workers to sell its property to get their dues

May 25, 2015

Chinese-run Anjin Diamond Mine has lost its bid to stop the auctioning of its property worth $800 000 by former…

Makorokoza boost gold production, output for 2015 now estimated at 17 tonnes

May 25, 2015

Zimbabwe is on course to produce 16.7 tonnes of gold in 2015, an 8.7 percent increase from last year after…

Chinamasa says Zimbabwe is to propose legislation to fight ‘rampant’ illicit financial flows

May 23, 2015

The government is crafting legislation to compel mining firms to release production data to the fiscus to help curb illicit…