ZECO continues to be a headache for Chiyangwa

May 16, 2017

Perennial loss-maker ZECO Holdings said its revenue for the full year to December fell 35 percent to $369 000 as…

Zimbabwe tobacco bale rejection rate up 43 percent

May 16, 2017

The number of rejected tobacco bales has risen 42.7 percent to 89 304 bales since the start of the 2017…

Sabi Gold mine now at 40 percent of capacity

May 15, 2017

Sabi Gold Mine in Zvishavane is now operating at 40 percent after resuming operations early this year but managing director,…

IMF warns Zimbabwe that excessive government spending could worsen cash crisis

May 15, 2017

The International Monetary Fund has warned Zimbabwe that excessive government spending could worsen the current cash crisis and ultimately fuel…

MDC-T calls on ZIMRA to investigate ZANU-PF over the purchase vehicles for the 2018 election campaign

May 15, 2017

The Movement for Democratic Change led by Morgan Tsvangirai has called on the Zimbabwe Revenue Authority to investigate whether the…

Why Africa –and Zimbabwe- should go cashless

May 15, 2017

India has lately been pursuing an ambitious goal: a cashless economy. Despite early missteps and frustrations, it will turn out…

Zimbabwe April inflation up

May 15, 2017

Zimbabwe’s year on year inflation rate for the month of April gained 0.27 percentage points to 0.48 percent,  the statistics…

CFI narrows loss from $6.1 million to $273 000

May 15, 2017

CFI Holdings has narrowed its after-tax loss to $272 784 in the six months to March 31, from a $6.1…

Smallholder fish farmers cry foul over regulatory fees

May 14, 2017

Fish farmers in Masvingo say the industry is under threat from high regulatory fees which are demanded by different government…

Willdale proposes to sell 190 ha. to raise $4.75 million

May 14, 2017

Brickmaker Willdale Limited is seeking shareholder approval to dispose of 190.1 hectares of its land that is currently not suitable…