News

The Rainbow Tourism Group (RTG) says it intends to expand its hosting capacity in Victoria Falls to cash in on the expected increase in tourist arrivals in the resort town.…

Fidelity Life Assurance reported a 55 percent decline in after tax profit to $2.3 million in the full-year to December 31, weighed down by an increase in claims and subdued…

The Financial Gazette, one of Zimbabwe’s leading financial papers, has confirmed the appointment of its former sales and marketing manager Pilate Machadu as the managing director of Modus Publications which…

Zimbabwe African National Union-Patriotic Front national political commissar, Saviour Kasukuwere, whose political career was on the balance following a massive vote of no confidence in him will be demoted from…

Hwange Colliery’s creditors have voted to approve a Scheme of Arrangement that will stagger debt repayments, saving the company from going under judicial management, officials said today. The structured payment…

President Robert Mugabe today laughed off remarks that Zimbabwe is a failed state and instead said it was the most highly developed country in Africa, after South Africa. Mugabe, who…

Zimbabwe’s central bank says the country has reduced its foreign payments backlog by more than 50 percent to $185 million, largely due to forex flows from ongoing tobacco sales and…

Zimbabwe’s central bank is offering a 5 percent reward to whistleblowers reporting on individuals, traders and firms hoarding, selling or illicitly funneling cash out of the country, governor John Mangudya…

Buhera South Member of Parliament Joseph Chinotimba yesterday said legislators should not pay for vehicles that they were issued by the government because they are using them to go government…

Turnall Holdings yesterday reported a loss of $4 million in the full-year to December 2016 from a profit of $106 938 in the prior year, due to low consumer demand.…