News

Aurex Diamonds, a subsidiary of the Reserve Bank of Zimbabwe says it now has the capacity to cut and polish diamonds on a large scale for the export market following…

Zimplats has posted a profit of $25.6 million in the second quarter to June, 65 percent down of the same period last year despite higher sales volumes as prices remained…

South Africa says it has given Zimbabwe three weeks to roll back a ban imposed on imports from that country ahead of a meeting of regional ministers later this month.…

Acting war veterans chairperson Manditawepi Chimene who asked President Robert Mugabe to fire Vice-President Emmerson Mnangagwa because he leads a faction calling for Mugabe to step down suffered a major…

South Africa has asked Zimbabwe to lower import duty and surtax levied on over 100 products imported from that country, an official has said. South Africa is Zimbabwe’s largest trade…

Zimbabwe’s third largest mobile network operator, Telecel says it has added 15 franchise stores as it bids to increase its footprint in the country. The telco, Zimbabwe’s smallest with about…

The National Social Security Authority (NSSA) has appointed Elizabeth Chitiga as general manager, replacing long-time chief executive James Matiza, who was fired last October. It also appointed senior managers to…

Zimbabwe’s anti-riot police fired tear gas and used baton sticks to disperse a peaceful protest over the planned introduction of bonds notes and lack of jobs, the latest such action…

A leading stock market analyst has warned that Treasury Bills (TBs) being issued by the Zimbabwe government are now carrying a high risk profile as the state’s fiscal space shrinks.…

The Zimbabwe Stock Exchange lost nearly $70 million in July, its slowest month of the year so far, to close with a market capitalization of $2.85 billion. The stock market…