MDC worried about Mugabe’s frequent absence from Zimbabwe

March 24, 2015

The Tsvangirai faction of the Movement for Democratic Change today said that it was worried about President Robert Mugabe’s frequent…

Zimbabwe and Germany move to restore political-economic relations

March 24, 2015

Zimbabwe and Germany are seeking to restore political and economic relations following over a decade of frosty relations with the…

Choppies Zimbabwe revenue up 250 percent, targets Harare

March 24, 2015

Botswana-listed retail group Choppies says revenue for its Zimbabwe operations grew by 250 percent to BWP395 million ($39.85 million) in…

CABS records $22.6 million income

March 23, 2015

The country’s largest mortgage lender, Central African Building Society (CABS), recorded a 32 percent increase in total comprehensive income to…

Falgold faces closure

March 23, 2015

Listed resources group Falcon Gold could close operations because of poor commodity prices and is struggling to attract buyers for…

Government prepared to take ‘hard’ measures to reduce wage bill

March 23, 2015

The government is prepared to take ‘hard’ measures to reduce its crippling wage bill, which consumes 82 percent of its…

Edgars earns $5.1 million after-tax profit

March 23, 2015

Clothing retailer Edgars Stores has recorded a 22.3 percent jump in after-tax profit to $5.1 million for the 53 weeks…

Mugabe says use your farm or lose it

March 23, 2015

President Robert Mugabe has fired warning shots on resettled farmers who are not using their land saying they could lose…

Astra in $2m net profit

March 22, 2015

Astra Industries has reported a 24 percent growth in profit after tax to $2 million for the year ended  December…

Meikles lays off 33 of its 43 workers in Bulawayo

March 22, 2015

Hospitality and retail group Meikles Limited has embarked on a retrenchment exercise targeting to offload more than 100 employees countrywide,…