SeedCo loss up 66 percent

November 30, 2016

Zimbabwe seed producer SeedCo’s loss widened by 66 percent to $9.3 million from $5.6 million due to inventory write-offs and…

Zimbabwe Stock Exchange daily turnover hits $2.5 million, highest in November

November 29, 2016

The Zimbabwe Stock Exchange today recorded turnover of $2.5 million, the highest this month, on the back of gains in…

Zimbabwe MP says don’t give title deeds to new farmers

November 29, 2016

Shamva South Member of Parliament Joseph Mapiki says people being resettled on acquired land must not be given title deeds…

Tsvangirai says Mugabe should take advantage of SONA to announce his retirement

November 29, 2016

Movement for Democratic Change leader Morgan Tsvangirai today urged President Robert Mugabe to take advantage of Thursday’s State of the…

POSB fined $500 000 for leaking pictures of bond notes, workers involved fired

November 29, 2016

The Reserve Bank of Zimbabwe (RBZ) says it has fined the state-owned People’s Own Savings Bank (POSB) $500 000 —…

Bond notes – A timeline of confusion

November 29, 2016

Back in May, Reserve Bank of Zimbabwe  (RBZ) governor John Mangudya announced plans to introduce bond notes as a measure…

Bond notes in mixed debut

November 28, 2016

Zimbabwe introduced its new currency today to mixed market reaction — broad acceptance by major retailers, informal traders and public…

Bindura Nickel back in black with $1.2 million profit

November 28, 2016

Bindura Nickel Corporation (BNC) today reported a profit after tax  of $1.2 million in the six months to September from…

Proplastics invests $1.5million in new plant

November 28, 2016

Plastic products manufacturer Proplastics today commissioned a new $1.5 million PVC plant which will increase production by 60 percent. The…

Public hearings on bond notes to start tomorrow

November 28, 2016

Public hearings on bond notes will be held throughout the country from tomorrow to Saturday by two teams from Parliament’s…