News

The United States of America’s embassy in Zimbabwe has banned its personnel from flying state-owned Air Zimbabwe after the airline was barred from entering Europe for failing to address safety…

Barclays will sell shares worth $2.83 billion in Barclays Africa Group, the bank said today, increasing the size of the planned stake sale due to investor appetite and marking a…

Zimbabwe is good for business. Retail business. The country is frequently listed among treacherous economies where only intrepid investors dare tread, but those who have bet on Zimbabwe’s retail sector…

Sweden yesterday announced an $8 million grant meant to build the capacity of Zimbabwe’s rural communities to deal with climate-induced disasters. The United Nations Development Programme (UNDP) is managing the…

People smugglers are making about $35 billion a year worldwide though thousands of migrants are dying before they make it to Europe where they hope for a better life, the…

The People’s Own Savings Bank (POSB) has reported a net profit of $2.34 million for the first quarter to March 31, driven by higher mobile transactions. Chief executive Admore Kandlela…

The death of Naison Ndlovu has marked the end of the top leadership of the Zimbabwe African People’s Union that signed the unity accord with President Robert Mugabe in 1987.…

Econet Wireless, Zimbabwe’s largest telecommunications company, has reported a 10 percent fall in annual profit to $36.2 million, citing a decline in consumer spending. Revenue dropped 3 percent to $621.7…

Movement for Democratic Change leader Morgan Tsvangirai’s spokesman Luke Tamborinyoka today accused the State-controlled Sunday Mail of trying to tarnish Tsvangirai’s name through false allegations against his children. He also…

Regional tourism company, Wilderness Safaris, plans to make a bid for Air Botswana, the country’s loss-making national airline which the government wants to privatise. Botswana put the airline up for…