Government to inject $150mln into the Reserve Bank of Zimbabwe

July 30, 2015

Zimbabwe’s Treasury plans to inject a further $150 million into the central bank to restore its lender of last resort…

Kasukuwere tells Wadyajena you are hunting an elephant with a rekeni

July 30, 2015

Local Government Minister Saviour Kasukuwere told the chairman of the Parliamentary Portfolio Committee on Youth, Indigenisation and Economic Empowerment, Justice…

Mwana Africa profit plummets to $7million

July 29, 2015

AIM-listed resources group Mwana Africa says its full-year profit plunged 86 percent to $7 million compared to the previous year…

Zimra revenue collection to June 6 percent below target

July 29, 2015

Zimbabwe’s tax collector says revenue collection for the first half of the year totalled $1.66 billion, nearly six percent behind…

Parliament asks government to scrap 15 percent VAT on foreign tourists with immediate effect

July 29, 2015

Parliament has asked the government to suspend the 15 percent valued added tax on foreign tourists with effect from 1…

MDC-T says State media in ploy to deny the party state funds

July 29, 2015

The opposition Movement for Democratic Change led by Morgan Tsvangirai has rubbished reports by The Herald that the party has…

Higher power users set to pay more

July 29, 2015

The government is planning to implement cost reflective power tariffs — under which higher users will pay more — to…

Zinara seeks government intervention on $250 million road deal for Harare

July 28, 2015

Zimbabwe’s road authority says it will seek government invention to reverse a decision by Harare City Council to reject a…

Mimosa in record production

July 28, 2015

Bermuda-headquartered platinum miner, Aquarius Platinum said production at its 50 percent owned Zimbabwe unit, Mimosa Mine, reached a record high…

Econet says failure by NetOne and TelOne to pay $26m debt could paralyse telecoms sector

July 28, 2015

Zimbabwe’s largest mobile phone operator Econet Wireless says failure to pay interconnection fees by its state-owned rivals —  NetOne and…