Grace is toxic

February 21, 2017

First lady Grace Mugabe, who resumed her rallies last week in Buhera after almost a year’s break, “is toxic and…

Zimbabwe’s biggest gold producer misses target

February 21, 2017

Zimbabwe’s largest gold miner, Metallon Corporation yesterday reported an annual production of 94 212 ounces for 2016, two percent lower…

Hwange Colliery says new concessions to drive growth

February 21, 2017

Coal miner Hwange’s revival will depend on a quick exploitation of three new concessions, with its current resources running out…

European Union extends sanctions on Mugabe on the eve of his 93rd birthday

February 20, 2017

The European Union today extended its sanctions on Zimbabwe President Robert Mugabe and his wife, Grace, by another year to…

Air Zimbabwe reduces losses by $11 million

February 20, 2017

Air Zimbabwe narrowed its full year losses by 42 percent to $15 million in 2016 from $26 million the previous…

Afdis profit up

February 20, 2017

Spirits and wines maker, African Distillers recorded a 10 percent increase in after tax profit to $1.8 million in the…

Is the Econet Rights offer really about paying off its debt or something else?

February 20, 2017

Econet Zimbabwe which opened its rights offer today to raise $130 million to pay its external debt says it went…

Nampak Zimbabwe profitable despite 11 percent drop in earnings

February 20, 2017

Nampak Zimbabwe says the group remains profitable despite turnover in the first quarter to December 2016 being 11 percent behind…

CAFCA seeks government intervention as cheap imports pressure margins

February 20, 2017

Cable manufacturer, CAFCA Limited says margins in the four months to January 2017 are two percent below the prior year…

Mugabe brushes off opposition coalition as an amalgamation of weaknesses

February 19, 2017

President Robert Mugabe, who turns 93 on Tuesday, has brushed off the proposed coalition by Zimbabwe’s opposition parties saying it…