News

Governments’ plan to reform parastatals and state enterprises is being delayed by legacy debts accrued by the entities, an official has said. Zimbabwe has a broad and ambitious plan to…

The government has laid claim to gold deposits on the banks of Gache Gache River in Kariba and elbowed out a contractor who discovered the precious metal while extracting sand…

President Robert Mugabe says the cash crisis is “temporary” and that government will press on with the introduction of bond notes, which he called a “surrogate currency,” despite opposition from…

The European Union (EU) Head of Delegation to Zimbabwe Philippe Van Damme says the bloc has established a €7 million trade project for Zimbabwe to enhance the country’s economic competitiveness…

The Harare City Council (HCC) said has introduced Point of Sale machines for bill payments and will soon expand to online banking as it targets to capture funds directly from…

The government yesterday insisted that loss-making and debt ridden, National Railways of Zimbabwe (NRZ) remains a going concern even as its future remains uncertain. NRZ, the country’s sole railway services…

Mutare-based vehicle assembler Quest Motors says its new tractor assembling line is yet to take off, with orders to supply just 10 tractors this year, but hopes for a government…

The Movement for Democratic Change-Tsvangirai has applauded churches for calling on President Robert Mugabe to step down to allow the country to move forward. In a statement, church leaders representing…

The government has ordered ferrochrome producer Zimbabwe Alloys to hand over half of its vast mining claims or risk having them appropriated, saying it wants to open the sector up…

FBC Bank has suspended real-time gross settlement RTGS) transfers onto its prepaid MasterCard facility, citing abuse by some customers, as banks tighten cash withdrawal restrictions amid an intensifying banknote crisis.…