Innscor to focus on Zimbabwe operations

September 23, 2016

Innscor Africa reported a six percent increase in revenue from $554 million to $586 million in the full year to…

Zimpapers healthy but profit drops 70 percent

September 22, 2016

Zimbabwe’s largest media group, Zimpapers today reported a 70 percent drop in net profit, from $1.9 million to $571 000,…

Rainbow Tourism Group pulls out of Mozambique because of civil conflict

September 22, 2016

Zimbabwe Stock Exchange-listed hotelier, Rainbow Tourism Group (RTG), has pulled out of Mozambique, citing a worsening political situation and cuts…

Mutsvangwa freed

September 22, 2016

Neville Mutsvangwa, son of war veterans leader Christopher Mutsvangwa was yesterday acquitted of raping a 43-year old woman after the…

Zimbabwe cash crisis could accelerate succession says US intelligence company

September 21, 2016

Zimbabwe’s financial troubles, which have seen the country fail to pay its arrears to the international financial institutions to get…

Zimbabwe on diaspora charm offensive to shore up falling remittances

September 21, 2016

The Zimbabwe government has embarked on an offensive to drum up faltering remittances from the diaspora, a central bank official…

Infrastructure Development Bank of Zimbabwe raises $50 million for ZESA

September 21, 2016

The Infrastructure Development Bank of Zimbabwe (IDBZ) says the $50 million Zimbabwe Power Company (ZPC) bond floated in 2014 has…

TelOne says $4 million bills paid via online platform

September 21, 2016

Zimbabwe’s state owned fixed line operator TelOne says it has processed transactions worth more than $4 million on its online…

Zimbabwe has the third most expensive mobile data in Africa

September 20, 2016

Zimbabwe has the third most expensive monthly mobile data in Africa behind South Sudan and Swaziland according to the latest…

First Mutual makes five-fold profit

September 20, 2016

First Mutual Holdings’ net profit grew nearly five-fold, to $2.6 million from $442 000 in the six months to June…