News

One of the most cited statistics about China may well be the number of Chinese who have been lifted out of poverty over the last 35 years. At over 800…

Barclays Bank Plc is in exclusive talks to sell its stake in its Zimbabwe unit to Malawi-based First Merchant Bank, officials said today as it continues its exit from Africa.…

I was just reading an article by Dumisani Moyo entitled: “From Rhodesia to Zimbabwe: Change without Change? Broadcasting Policy Reform and Political Control.” It is an old article published in…

Agro industrial group Zimplow narrowed its losses by half to $2.5 million from $4.8 million in the prior year after cutting operating costs to offset a revenue decline, chairman Thomas…

Two senior members of the Zimbabwe African National Union-Patriotic Front Women’s League, Eunice Sandi-Moyo and Sarah Mahoka, who are accused to undermining league leader President Robert Mugabe’s wife, Grace, will…

State-run pension fund, the National Social Security Authority (NSSA) has taken control of Zimbabwe’s largest short-term insurer NicozDiamond and is making a mandatory offer to minority shareholders at an offer…

NMB Holdings has reported a 7.8 percent drop in after-tax profit to $5 million in the full-year to December citing ‘extreme pressure’ from limits placed on interest rate charges and…

The United States today removed former Zimbabwe Electoral Commission chairman Theophilus Pharaoh Gambe from its sanctions list which at one time had nearly 100 individuals and more than 60 entities.…

Padenga Holdings today reported a 23 percent increase in after tax profit to $8.9 million on the back of increased revenue. Revenue increased by 13.75  percent from $27.5 million in…

Agricultural Development Bank of Zimbabwe (Agribank) today reported a profit after tax of $4.8 million in a full-year to December 2016 from a loss of $6,3 million in the prior…