Harare has no mechanisms to detect fraud – auditors

November 13, 2014

The City of Harare’s revenue could be understated as council does not have effective controls in place to stop fraud,…

Zimbabwe drinkers face tougher times

November 12, 2014

Beverage maker Delta Corporation attributable income for the six months to September was down seven percent to $44 million as…

Micro-lender disburses $4 million

November 12, 2014

The Zimbabwe Microfinance Wholesale Facility (ZMWF) says it has disbursed $4 million to micro finance institutions for working capital purposes…

Anjin to retrench more workers

November 12, 2014

Anjin Diamond Mine is set to retrench an undisclosed number of workers barely a month after employees downed tools demanding…

Zimbabwe’s Sovereign Wealth Fund put into gear

November 11, 2014

Zimbabwe’s Treasury will with immediate effect remit a quarter of mining royalties to the Sovereign Wealth Fund (SWF) after President…

Four more firms to finance tobacco farming

November 11, 2014

Tobacco Industry Marketing Board (TIMB) has approved four new firms to finance contract farming, a move likely to help improve…

How can Zimbabwe have money when everyone is taking it out?

November 11, 2014

In one of its first surveys on corruption in Harare, Transparency International Zimbabwe, found that quite a substantial number of…

Chickens coming home to roost for Mai Mujuru

November 11, 2014

The chickens are coming home to roost for Vice-President Joice Mujuru-literally. She is now accused of importing chickens from Brazil…

Struggling banks seen looking offshore for support

November 10, 2014

The underperformance of the banking sector will force struggling financial institutions to look offshore for support to satisfy prescribed capital…

We miss your beef and butter, Mauritius tells Zimbabwe

November 10, 2014

Mauritius has appealed to Zimbabwe to resume its beef and butter exports to the island country which relies mainly from…