News

Zimbabwe cannot join the Rand Monetary Union because it does not have its own currency which is one of the major requirements, Central Bank governor John Mangudya told The Chronicle.…

Zimbabwe’s parliament is probing a case of possible bribery and money laundering involving a state minerals marketing firm and two Israeli firms, following mysterious payments exceeding $1 million. The parliamentary…

A British newspaper today said the statement by Zimbabwe National Army commander Lt-General Valerio Sibanda that the military has no say in succession politics could mean that President Robert Mugabe’s…

Zimbabwe National Army boss Lt-General Valerio Sibanda says the military has no role in the Zimbabwe African National Union-Patriotic Front succession politics so anyone who is involved in corruption should…

Zimbabwe’s central bank governor John Mangudya says the proposed bond notes which his bank will introduce shortly will be an anti-money laundering tool which will be useful in guarding against…

A British journalist who recently visited Zimbabwe says those not visiting the country because of its terrible reputation are making a big mistake. “Whatever its political problems, Zimbabwe is one…

Food processor Colcom yesterday said sales were higher in the quarter to September 30 compared to the same period last year, with revenue also on the rise. Chief executive Dino…

PPC Zimbabwe says it expects to increase exports into the region after commissioning a $85 million plant in Harare which will double the firm’s cement production capacity to 1.4 million…

The Zimbabwe Stock Exchange industrial index picked up by 2.39 percent to 123.22 points this week while the mining index gained by 5.96 percent to 35.72 points as local interest…

Tendai Biti sits in his office in a leafy Harare suburb, contemplating another collapse of the Zimbabwean economy. Thanks to a chronic shortage of United States (US) dollars, the country…