News

President Robert Mugabe has, for the first time, gone public with some details of an arms-for-minerals deal his government entered with China a few years ago. Speaking during his 93rd…

Over the last three decades there’s been some progress towards institutionalising multiparty democracy in sub-Saharan Africa. Despite this elections in the region rarely result in changes of government. A recent…

Foreign investor appetite is diminishing on the Zimbabwe Stock Exchange, with most foreign transactions being sales as foreigners desert local listed companies due to their underperformance, MMC Capital Research has…

First lady Grace Mugabe, who resumed her rallies last week in Buhera after almost a year’s break, “is toxic and unsettled” because of her uncertainty with the future, London-based NewZimbabwe.Com…

Zimbabwe’s largest gold miner, Metallon Corporation yesterday reported an annual production of 94 212 ounces for 2016, two percent lower than the 96 530oz achieved previously after a poor fourth…

Coal miner Hwange’s revival will depend on a quick exploitation of three new concessions, with its current resources running out within five years, managing director Thomas Makore has said. In…

The European Union today extended its sanctions on Zimbabwe President Robert Mugabe and his wife, Grace, by another year to 20 February 2018 on the eve of Mugabe’s 93rd birthday.…

Air Zimbabwe narrowed its full year losses by 42 percent to $15 million in 2016 from $26 million the previous year as a result of cost cutting, the state-owned airline’s…

Spirits and wines maker, African Distillers recorded a 10 percent increase in after tax profit to $1.8 million in the half year ended 31 December 2016 from $1.6 million last…

Econet Zimbabwe which opened its rights offer today to raise $130 million to pay its external debt says it went for that option because of the critical shortage of foreign…