Government shuts 11 gold millers

November 16, 2014

Zimbabwe’s ministry of mines has suspended 11 gold millers for failing to comply with production and marketing arrangements, an official…

Ingwebu Breweries bogged down by mismanagement

November 15, 2014

Bulawayo City Council’s Ingwebu Breweries is struggling under pressure from falling demand for its products and the high cost of…

Zim slides back into deflation

November 15, 2014

Zimbabwe’s year-on-year inflation rate for October stood at -0.001 percent after shedding 0.09 percentage points on the September 2014 rate…

No joy for Tsvangirai

November 15, 2014

Movement for Democratic Change leader Morgan Tsvangirai’s bid to regain the 18 Parliamentary and Senate seats that the party lost…

ZESA warns of black Christmas

November 14, 2014

Zimbabwe will experience more power cuts in December due to maintenance being carried out at Kariba South power station, a…

Surprise, surprise! Zimbabwe in $3m surplus!

November 14, 2014

Zimbabwe’s treasury has reported a budget surplus of $3 million for August driven by over the budget individual taxes and…

ZANU-PF kicks Rugare Gumbo out

November 14, 2014

Zimbabwe African National Union-Patriotic Front spokesman Rugare Gumbo was last night suspended from the party for five years while war…

Mangudya says banks have money but they are now too scared to give it out

November 14, 2014

The level of non-performing loans in Zimbabwe’s banking sector has escalated to an average 20 percent from 18 percent in…

High regulatory costs affecting ease of doing business – CZI

November 13, 2014

The Confederation of Zimbabwe Industries (CZI) says regulatory charges imposed on companies by government agencies are too high and are…

Good times for Hippo Valley

November 13, 2014

Hippo Valley Estates has reported a net profit of $9 million for the six months to September, matching its performance…