News

April 2, 2008 must be one of the most unforgettable days for Movement for Democratic Change leader Morgan Tsvangirai. A delegation from the Zimbabwe African National Union-Patriotic Front had told…

Caledonia Mining Corporation whose primary asset is a 49 percent stake in Blanket Mine, a gold mine near Gwanda in south-western Zimbabwe, is to start trading on the New York…

Zimbabwe’s Civil Protection Department, tasked with responding to natural disasters, says it struggles to react to nature’s travails because of poor funding from the government and has so far received…

Hardware company, Fabco Private Limited, is seeking new investors to turnaround the company after creditors voted to put it under final judicial management. Fabco was placed under provisional judicial management…

Government borrowing from the local market jumped nearly 40 percent in May this year, driving an increase in domestic credit by 21.1 percent on an annual basis to $8.45 billion…

Struggling state-owned National Railways of Zimbabwe (NRZ) plans to borrow $10 million from local banks to finance the overhaul of 10 locomotives this year, an official has said. General manager,…

Former army commander Solomon Mujuru was aware that President Robert Mugabe was going to lose the 2008 elections and told him to resign  19 days before the elections to avoid…

Fast foods group Simbisa Brands says it’s seeking regulatory and shareholder approvals for a secondary listing on the London Stock Exchange Alternative Investments Markets (AIM) to access additional funding for…

Platinum production at Unki Mine for the second quarter to June 30 rose 10 percent to 19 500 ounces compared to 17 800 ounces in the same period last year…

President Robert Mugabe has been at the helm of the Zimbabwe African National Union-Patriotic Front for 40 years now and according to the United States embassy he has maintained his…