News

President Robert Mugabe has called for a stop to all party demonstrations saying the Zimbabwe African National Union-Patriotic Front cannot be run from newspaper headlines and angry placards. The party…

Unifreight reported a net profit of $1.7 million for the year ended December 2016 from a net loss of $4.2 million in the preceding year after restructuring its business model…

The international rating agency Fitch today downgraded South Africa long-term foreign and local-currency Issuer Default Ratings (IDRs) from BBB- to BB+ (Non-investment grade speculative or junk rating). Fitch remained the…

The local unit of Swiss-based food manufacturer Nestle says it has invested $2 million in plan upgrade and new products, which could increase revenue by half over the next five…

Minister of State and Deputy Speaker in the House of Lords Baroness Anelay of St Johns has refused to speculate on the impact of South Africa’s decision that Zimbabweans should…

Manufacturing concern GB Holdings reported a 15 percent drop in revenue from $3.9 million to $3.3 million for the full year to December 2016, after rubber prices fell during the…

Finance Minister Patrick Chinamasa has blamed the government and unscrupulous traders for the current cash shortages. In a ministerial statement yesterday, Chinamasa said the government was living beyond its means…

The spokesman for former Vice-President Joice Mujuru’s National People’s Party, Jealousy Mawarire, has resigned his post and quit the party because his life is now in danger from thugs that…

Zimbabwe’s Finance Minister Patrick Chinamasa says the government is considering scrapping a tax on the use of plastic money and threatened to cancel operating licences for retailers and wholesalers that…

Zimbabwe needs to consolidate its interests in the ICT sector to unlock value from investments made and avoid duplication of structures, an industry official has said. Zimbabwe has a fairly…