News

Legal expert Alex Magaisa says the recent police ban on demonstrations is unconstitutional because Zimbabwe’s constitution specifically states that statutory instruments must not infringe or limit any of the rights…

State owned fixed line operator, TelOne, has reduced its operating costs by 16 percent in the first six months of the year, benefiting from a year long rationalisation exercise. TelOne…

The Zimbabwe Stock Exchange market capitalisation was largely static in August but turnover dropped by over a third as foreign investors sold off local holdings. Overall market capitalisation marginally grew…

Fidelity Life Assurance says it is in the process of restructuring its long term debt which has resulted in high finance costs that are weighing down the company’s balance sheet.…

The Movement for Democratic Change which has been spearheading the demonstrations organised by the 18-opposition-party National Electoral Reform Agenda says the march that was penciled for tomorrow has been postponed…

Zimbabwe’s largest gold miner, Metallon Corporation, has allocated 288 mining claims around its Redwing Mine in Mutare to local community groups as part of its empowerment programme, an industry official…

Local pharmaceutical and personal care products manufacturer Datlabs Limited says its new camphor product now contributes 60 percent of its revenue on the back of increased demand, helped by a…

Atlas Mara’s local unit reported a profit of $228 000 in the six months to June compared to a loss of $162 000 over the same period last year. Revenue…

Agro industrial group Zimplow narrowed its operating loss by 18 percent to $1.3 million in the six months to June despite subdued volumes across the all business units. The company…