News

Zimbabwe is losing at least $1 billion annually to corruption, with police and local government officials among the worst offenders, Transparency International said in a report today. Social media groups…

Air Zimbabwe has appointed President Robert Mugabe’s son- in-law, Simba Chikore, as its chief operating officer, making him the second in command at the struggling national airline. Air Zimbabwe chairperson…

Zimbabwe Stock Exchange (ZSE) listed Financial Services group, Getbucks saw its after tax profit in the half year period to 30 June 2016 declining by a third to $3 million…

Hwange Colliery Company has narrowed its loss by 36 percent to $28 million in the six months to June, from $44 million in the comparable period last year, the company…

A ban on the commercial trade of Ivory will remain in place after member countries of the United Nation’s Convention on International Trade in Endangered Species (CITES) today voted against…

Clothing retailer, Edgars Stores’ profit plummeted by 90 percent in the six months to July from $1.1 million last year to $109 000, weighed down by retrenchment costs and low…

Movement for Democratic Change leader Morgan Tsvangirai yesterday said President Robert Mugabe must send out a clear message that the country is more important than individuals if he truly loves…

The issue of Vice-Presidents will not come up at all at the forthcoming Zimbabwe African National Union-Patriotic Front annual conference to be held in Masvingo because it is not elective.…

Perennial loss-making sugar manufacturer, StarAfrica Corporation has continued to default on payments to its creditors in terms of the company’s Scheme of Arrangement and is considering a debt-equity swap arrangement…

Axia Corporation has reported a net profit of $2.3 million for the three months to June 30, its first set of financial results since unbundling from Innscor Africa. Axia, which…