News

Zimbabwe’s Vice-President Joice Mujuru today told women in Mashonaland West province that the recent exposure of corruption in parastatals, which has only exposed exorbitant salaries paid to chief executive officers…

Government is to issue $69 million worth of Treasury Bills (TBs) to the National Social Security Authority (NSSA) to settle part of outstanding pension contributions from state workers. Government, which…

Two foreign firms have concluded the acquisition of MicroKing, the micro lending subsidiary of collapsed AfrAsia Bank Zimbabwe Limited, parties involved in the deal have said. French company MicroCred Group…

The Zimbabwe National Road Authority (ZINARA) today said it had generated $180 million through its tolling system introduced six years ago. Zimbabwe rolled out toll gates in 2010 to create…

Zimbabwe is one of only seven African countries that strengthened their governance framework in 2015, driven by reforms under the International Monetary Fund’s Staff Monitored Programme (SMP), which is key…

Tanzanian food processor Bakhresa has notified Zimbabwe’s Competition and Tariff Competition that it plans to acquire 100 percent shareholding in Blue Ribbon. Last year, Bakhresa won the bid for a…

The Movement for Democratic Change has accused Local Government Minister Saviour Kasukuwere of persecuting Harare mayor Ben Manyenyeni and has warned that the mayor might take action to clear his…

Zimbabwe’s largest media group, Zimpapers, says  it has plans to invest $2.6 million in capital expenditure this year, despite revenues slowing in the first five months of the year. “We…

Vice-President Phelekezela Mphoko, under attack for staying at the Rainbow Towers hotel (Sheraton)for close to two years, has justified his stay by suggesting no tax dollars are being lost because…