News

The Zimbabwe Asset Management Company (Zamco) has agreed to purchase Star Africa’s $32.7 million liabilities in a debt-equity swap arrangement that will give the asset manager about 50 percent control…

Foreign buyers are deserting the Zimbabwe Stock Exchange in record numbers, with net outflows of $56.28 million in the 10 months to October, the biggest sell-off in five years over…

South African President Jacob Zuma, who is currently in Zimbabwe to discuss bilateral relations, has so many of his own problems at home that he is reluctant to intervene in…

Zimbabwe has undone much of the progress registered under the International Monetary Fund’s staff monitored programme (SMP), while the economy has worsened, the fund’s resident representative said yesterday. Zimbabwe has…

Higher Education Minister Jonathan Moyo, his deputy Godfrey Gandawa, the chief executive of the Zimbabwe Manpower Development Fund Frederick Mandizvidza and ZIMDEF principal director for finance Nicholas Mapute are expected…

Higher Education Minister Jonathan Moyo who is accused of misusing funds belonging to the Zimbabwe Manpower Development Fund is reported to have handed himself over to the Zimbabwe Anti-Corruption Commission…

Bond notes, which Zimbabwe intends to introduce to address the current cash crisis in the country, will become the only currency in circulation as United States dollars and the South…

Higher Education Minister Jonathan Moyo is in the news these days because of the Zimbabwe Manpower Development Fund scandal, but it appears no one wants to touch him. This should…

Regional cement maker Pretoria Portland Cement (PPC) says it expects half year earnings to fall by up to 90 percent compared to the prior period due to high financing costs…

The stock market grew fastest in October this year, as investors scurried for safe haven equities in the face of uncertainty around government’s plans to introduce a local currency in…