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Zimbabwe has $760 million, which is 11.7 percent of total deposits, but this money is not circulating as it should causing the current cash shortages, Agriculture Minister Joseph Made said…

Financial services group CBZ Holdings and Bulawayo City Council (BCC) yesterday  signed a memorandum of understanding (MOU) to construct 670 houses at a cost of $7 million in the city.…

Zimbabwe cannot adopt the South African rand as its own currency because it is foreign currency which has to be earned, Agriculture Minister Joseph Made who was standing in for…

Auction floor sales for the 2017 tobacco selling season declined by 3.23 percent to $508.56 million as at July 5, 2017, from $525.5 million recorded in the comparable period last…

The State owned, Central Mechanical and Equipment Department  (CMED) is owed close to $25 million by the Zimbabwe government and the Zimbabwe Electoral Commission (ZEC) for car rentals as far…

  President Robert Mugabe was prepared to hand over power to Emmerson Mnangagwa way back in 2002 provided he was allowed to complete his presidential term which ended in 2008.…

Zimbabwe’s state net revenues amounted to $1.7 billion in the half year to 30 June, 2.72 percent above target and 9.74 percent higher than the comparable period last year, the…

The Oil Expressers Association of Zimbabwe says it has engaged government for a financing facility of $100 million for soya bean production. Busisa Moyo, chairperson of the association said in…

The fast-food industry in Zimbabwe,  which according to one company serves three million customers, has suffered a big blow after the government banned kaylite packaging with immediate effect. According to…

Zimbabwe’s inflation rate is too low, and needs to increase to stimulate economic growth, central bank governor John Mangudya has said. The central bank is also looking to increase the…