Why the ZISCO deal flopped

July 5, 2016

The revival of former giant steelmaker Zisco by Essar failed initially because of bickering within Zimbabwe’s power-sharing government and then…

“Abducted” Lumumba hands himself over to police

July 4, 2016

William Mutumanje, also known as Acie Lumumba, who was reported by a Sunday paper yesterday to have been abducted following…

MDC-T says Zimbabwe is burning- Mugabe must step down to save the country

July 4, 2016

The Movement for Democratic Change-Tsvangirai says the demonstrations and protests sprouting everywhere, engulfing cities and towns are symptomatic of grave…

Can the IMF really drag Zimbabwe out of its crisis?

July 4, 2016

Zimbabwe’s coffers are empty. Salaries for the army and air force have been delayed for several weeks; and other civil…

Mnangagwa backs import ban but says local companies must be competitive globally

July 4, 2016

Zimbabwe Vice-President Emmerson Mnangagwa has backed the recently announced import restrictions on basic commodities saying the country needs to eliminate…

Bindura profit plunges 94 percent

July 4, 2016

Bindura Nickel Corporation (BNC) after tax profit for the year ended 31 March 2016 plunged 94 percent to $650 000…

Willdale is good shape but sales down 20 percent

July 3, 2016

Brick maker Willdale Limited has seen turnover for the full-year to 31 March 2016 come in 20 percent below prior…

What does Japan see in Zimbabwe?

July 3, 2016

Relations between Zimbabwe and Japan have been warming up of late raising the crucial question: What does Japan see in…

African Sun to pump in $25 million into Monomotapa hotel expansion

July 3, 2016

Hotels and leisure chain, African Sun Limited (ASL), plans to spend $25 million to expand the Monomotapa Hotel, once the…

Zimbabwe Finance Secretary given until October to clean up the mess at the ministry

July 3, 2016

The Permanent Secretary for Finance Willard Manungo should appear before Parliament’s  Public Accounts Committee in October to explain  what he…