News

Zimbabwe today gazetted a new law criminalising unlicensed currency trading in an attempt stem out a thriving parallel market for bank notes in the country. The southern African nation is…

Zimbabwe has missed a June deadline to switch from high sulphur diesel to cleaner fuel and will now give fuel dealers a grace period to March 2018 to clear old…

Reserve Bank of Zimbabwe deputy governor Kupukile Mlambo has proposed that the country introduces more bond coins than notes into the local market to curb high circulation of bond notes…

Finance Minister Patrick Chinamasa says government will tighten control over use of social media, which authorities blame for fuelling shortages of basic commodities and bank notes in the country. The…

The Zimbabwe Stock Exchange mainstream index today advanced 3.68 percent to 404.37 points with gains across the board as appetite for stocks remained high. However, the mining index eased 0.37…

Zambezi Gas has secured a full mining licence for 25 years and plans to increase coal production from the current 60 000 tonnes per month to 150 000 tonnes. The…

Zimbabwe’s trade deficit narrowed by 27 percent to $1.3 billion in the first eight months of the year, after exports increased by 48 percent, latest trade data from the statistics…

Egypt-based Afreximbank is lead arranger for a $1.8 billion loan to help Zimbabwe clear arrears at the World Bank and African Development Bank, the state-owned Herald newspaper said yesteerday, citing…

President Robert Mugabe yesterday officially became the third longest serving non-royal ruler in the world replacing Angolan President Jose Eduardo dos Santos who stepped down to give way to Joao…

A Harare magistrate today ordered the release of activist pastor Evan Mawarire without any conditions after it established that he was not brought to court within the mandatory 48 hours.…