News

Agro-industrial group CFI holdings has reported an after tax loss of $25 million in the full year to September compared to $9 million last year, as revenue plummeted by over…

Low cost junior gold miner Caledonia Mining says production at its Blanket Mine in Zimbabwe rose to 10 822 ounces in the three months ending March, 8.7 percent above the…

Zimbabwe’s annual inflation for the month of April stood at -1.64 percent, after gaining 0.66 percentage points on the March rate of -2.31 percent, the national statistics agency said today.…

Cable manufacturer CAFCA has reported a 34 percent decline in revenue to $9.4 million in the six months to March as sales in the export and domestic markets continued to…

In his Independence Day speech in April, President Robert Mugabe said there were “signs of recovery”. Last week, his Industry Minister, Mike Bimha, said “we are recovering”, and that there…

Zimbabwe’s cash crisis has led to questions about the government’s management of the country’s financial systems, with indications that its increasing borrowings on the domestic market have created a financial…

Barclays Bank Zimbabwe says it intends to maintain its impressive loan loss ratio at less than one percent which is far less than the industry average of 11 percent, despite…

Buhera South Member of Parliament Joseph Chinotimba asked Finance Minister Patrick Chinamasa last week why he did not simply introduce bond coins, even $100 coins, if people did not like…

Though there is s a popular belief that Nigerians are spoiling things in Southern Africa, including in Zimbabwe, because of their high level of corruption, Zimbabwe is actually more corrupt…

AIM-listed junior miner Vast Resources recorded an eight percent quarterly increase in gold output to 79.6 kilogrammes (2 808 ounces) at its Pickstone-Peerless Gold Mine (PPGM) as production levels reached…