Truworths sales jump 20 percent at inset of new financial year

October 9, 2015

Clothing retailer Truworths reported a 20 percent increase in retail sales in the 11 weeks from its July 12 year-end…

Fastjet gets operating certificate for Zimbabwe

October 8, 2015

Low cost airline Fastjet said it has been granted an Air Operator Certificate (AOC) by the Civil Aviation Authority of…

Shebeens to be rebranded Home Hospitality Centres

October 8, 2015

Tourism Minister Walter Mzembi yesterday told Parliament that shebeens, homes where people can buy liquor but are illegal, will soon…

CZI says Zimbabwe is teetering on brink of recession

October 8, 2015

The Confederation of Zimbabwean Industries (CZI) yesterday released results of its Business Confidence Index (BCI) and Purchasing Managers Index (PMI)…

Maridadi receives deaths threats

October 8, 2015

Mabvuku-Tafara legislator James Maridadi said yesterday he has been receiving deaths threats and on Monday a live bullet was placed…

CZI sees manufacturing capacity flat at 36 percent

October 8, 2015

Zimbabwe’s manufacturing capacity utilization – a measure of industry’s use of installed productive potential – is seen flat at 36…

Econet to retrench more workers

October 7, 2015

Zimbabwe’s largest telecommunications company, Econet Wireless, will lay off an unspecified number of workers as it grapples with declining revenues…

Mugabe must address succession issue for investors to come in says MP

October 7, 2015

President Robert Mugabe must address the succession issue because investors want to be assured of stability beyond his tenure before…

Central bank calls for fiscal devaluation to increase competitiveness

October 7, 2015

The central bank says the United States dollar is overvalued in Zimbabwe, hurting export competitiveness with exports remaining subdued against…

Delta revenue down 6 percent as beer sales decline

October 7, 2015

Delta Corporation yesterday said revenue fell six percent in the second quarter to September 30 as demand remained depressed, although…