Consumer prices continue to fall as inflation slides to -3.11 percent

October 16, 2015

Zimbabwe’s consumer price index sank further into negative territory in September after shedding 0.34 percentage points on the August rate…

Minister orders NRZ board to re-advertise general manager’s post

October 16, 2015

The National Railways of Zimbabwe (NRZ) board has been ordered to re-advertise the position of the parastatal’s general manager by…

British firm partners government to set up $150 million ethanol plant

October 16, 2015

British firm Sunbird Bioenergy has partnered government to set up a $150 million ethanol operation in Zimbabwe next year, an…

Econet profit down 52 percent

October 16, 2015

Econet Wireless Zimbabwe, the country’s largest telecoms operator yesterday reported a 52 percent decline in after-tax-profit to $23 million for…

Chinamasa to borrow to pay off Zimbabwe’s arrears to IMF, AfDB and World Bank

October 15, 2015

Zimbabwe will seek new loans from the International Monetary Fund, World Bank, and African Development Bank to stem the economic…

Mnangagwa tells Parliament he can answer any questions to do with government

October 15, 2015

Vice-President Emmerson Mnangagwa who is also the Leader of the House told Parliament yesterday that he was ready to answer…

Grace Mugabe says once you leave ZANU-PF- wapera

October 15, 2015

First Lady Grace Mugabe yesterday said it was “cold outside ZAU-PF” because once you leave the party, you are finished.…

Zimbabwe asks chrome producers to cede mining claims

October 15, 2015

Zimbabwe has asked two ferrochrome producers, including a unit of China’s Sinosteel Corp Ltd, who own 80 percent of all…

Atlas Mara targets acquisitions in seven African countries

October 14, 2015

Atlas Mara, owners of Pan-African banking group BancABC say they are looking to expand into seven more countries in sub-Saharan…

Chinamasa all out to eliminate ghost workers to contain wage bill

October 14, 2015

Finance Minister Patrick Chinamasa, who is all out to get a financial bail-out for the country by next year, says…