News

Zimbabwe is in the process of amending the indigenisation policy, which will see all mining companies compelled to spend 75 percent of their gross revenue locally, Mines Minister, Walter Chidakwa…

Britain was quite aware of the Gukurahundi massacres committed by Zimbabwe’s Five Brigade in the 1980s but it turned a blind eye because Zimbabwe was important for both British and…

Turnall Holding yesterday said it is engaged in discussions to restructure the company’s balance sheet which showed its debt at 250 percent above its networth. As at June 30, 2016,…

Zimbabwe African National Union-Patriotic Front national political commissar Saviour Kasukuwere is reported to have survived the purge against him yesterday but Jacob Mudenda who was chairing the meeting said he…

London-listed junior miner Vast Resources says production at its Pickstone-Peerless Gold mine in Zimbabwe grew to 2 974 ounces compared to 2 808oz over the same period last year despite…

Zimbabwean banks are holding only two percent of their liquid assets as cash, with more than 36 percent in the form of real-time gross settlement systems (RTGS), a central bank…

Zimbabwe has so far raised and disbursed $45 million out of $200 million required to rehabilitate road infrastructure that was hugely damaged by Cyclone Dineo, Vice-President Emmerson Mnangagwa said today.…

Zimplats today said net profit more than doubled to $42.2 million in the three months to March 31, from $20.6 million in previous quarter. Revenue dropped six percent from $139…

Zimbabwe African National Union-Patriotic Front national political Commissar, Saviour Kasukuwere, who has dominated the headlines for the past two weeks, is likely to know his fate today after a four-member…

Zimbabwe banking sector is thriving despite the tough operating environment, with profitability and balance sheet significantly sound in the full year ended December 31, 2016, financial results from reporting banks…