News

Royal Bank, one of the latest commercial banks in the country, made a profit of $70.2 million in its first eight months of operation, but it already had seven branches,…

The parallel market will not disappear until a holistic economic revival programme encompassing all sectors and markets of the economy is put in place. A parallel initiative to stabilise the…

The stock market which had become a safe haven for investors over the past two years is now lagging behind escalating inflation which soared to 228 percent last month. The…

Century Holdings, another financial services company which is expanding into the region, saw its International Transfer company in Botswana make a loss of $55 million but it says this was…

The wide gap between the price of diesel and that of petrol could be an indication that the government is planning to phase out vehicles that use petrol from the…

Interfin Holdings, a financial services group which incorporates merchant banking, insurance, consumer finance, stockbroking and asset management, had a net profit of $3.6 billion, a 1 663 percent increase from…

"You have the jewel of Africa in your hands," said President Samora Machel of Mozambique and President Julius Nyerere of Tanzania to Robert Mugabe, at the moment of independence, in…

The government and the Zimbabwe Congress of Trade Unions (ZCTU) could be heading for serious confrontation.  The ZCTU which successfully staged a three-day strike from April 23 to 25, is…

Enock Kamushinda, ever the optimistic, and a strong believer in the land reform programme, seems to be having a hard time turning around Zimpapers, the country's largest newspaper group. The…

Metropolitan Bank, which has been a strong advocate for land reform, says thousands of previously disadvantaged Zimbabweans who have been empowered by the land reform programme have the capacity to…