Why a white minority continues to dominate South Africa’s economy

May 12, 2017

Many would like to consign the polarising debate about “white monopoly capitalism” (WMC) in South Africa to the margins. They…

Barclays Zimbabwe reports marked decline in interest income

May 12, 2017

Barclays Bank of Zimbabwe has reported a marked decline in net interest income for the first four months of 2017,…

CBZ income up 7 percent in three months

May 12, 2017

CBZ Holdings’ income in the first quarter to March increased 7 percent to $37.7 million, driven by a surge in…

Judicial manager hawks Tetrad for $25 million

May 11, 2017

The Deposit Protection Corporation (DPC) is looking for new investors to acquire Tetrad Investment Bank for $25 million after creditors…

Mugabe does not sleep during conferences, he just rests his eyes

May 11, 2017

President Robert Mugabe does not sleep during conferences as often reported by the media. He just rests his eyes because…

Competition watchdog probes ZESA, CAFCA barter deal

May 11, 2017

Zimbabwe’s competition watchdog has opened an investigation into a case of suspected anti-competitive behaviour between the Zimbabwe Electricity Transmission and…

Innscor to delist Colcom

May 11, 2017

Innscor has made an offer to acquire minorities shares in Zimbabwe’s largest pork and meat processor, Colcom in exchange for…

German ambassador tells Zimbabwe to pay back loan to get new money

May 11, 2017

Germany will consider offering financial help to Zimbabwe, but only after the country has settled a €505 million ($550 million)…

IMF says farming rebound not enough to address Zimbabwe’s challenges

May 10, 2017

Africa’s economy is this year expected to grow by 2.6 but that will not be enough to keep up with…

Delta has tough year but still makes $70 million profit

May 10, 2017

Delta Corporation today reported a 10 percent fall in revenue to $483 million in the full year to March 31,…