News

Diversified agro-industrial concern CFI Holdings’ loss for the half-year to March 31 widened to $6.1 million from $3.8 million last year, as low capacity utilisation and inadequate working capital weighed…

The Reserve Bank of Zimbabwe has invoked a suppression of money laundering law to force businesses to bank their daily takings as the cash crisis in the country worsens. Zimbabweans…

Zimbabwe is to crack down on corrupt senior party and government officials in a move which if effected could bring back confidence in President Robert Mugabe’s administration which is largely…

A United States economist says the International Monetary Fund and the British magazine, The Economist, are lying about Zimbabwe’s hyperinflation figure. Steve Hanke of the libertarian Cato Institute, a United…

A trend toward greater authoritarianism seems to be spreading worldwide. Vladimir Putin has successfully used nationalism to tighten his control over Russia and seems to enjoy great popularity. Xi Jinping…

A small bird has assumed heavyweight significance in Zimbabwe, Associated Press reported today. Thousands of unemployed people are looking to the quail as a deliverance from the dire economic conditions…

The hosting of Zimbabwe’s tourism travel showcase, Sanganai/Hlanganani, which was doubtful for this year is back on track after government chipped in with a last minute $500 000 bailout, an…

After admitting that it was guilty of overcharging its customers, Steward Bank said it will allow its bank users to swipe at its point of sale machines (POS) for free…

Regional cement maker Pretoria Portland Cement (PPC) says it anticipates half year earnings to come in between 30 and 40 percent higher than last year, following the disposal of certain…