News

Tafadzwa Mafuwu, a senior executive to the director of the Presidential Scholarship scheme, has been arrested for soliciting bribes from prospective students who wanted to study under the scheme which…

Brick maker Willdale Limited says it has invested $2 million to set up a transport logistics unit for which it has acquired 12 specialised trucks. Chief executive Nyasha Matonda said…

Vice-President Emmerson Mnangagwa says the British are hard-headed but Zimbabwe will insist that they compensate it not only for the skulls of its ancestors that they took but also for…

Zimbabwe’s largest gold producer, Metallon Corporation, plans to spend $16.3 million in capital expenditure at its Redwing Mine over the next five years, boosting output by nearly 60 percent to…

The Zimbabwe government did “the right thing” in shutting down diamond mining companies in the east of the country as they were not remitting taxes to the fiscus and were…

The danger of Zimbabwe’s over reliance on agriculture and mining has been exposed after drought and poor commodity prices dragged the economy into recession, a securities firm has said. In…

Innscor Africa shareholders are expected to approve the company’s plans to unbundle and separately list its retail and distribution business on the Zimbabwe Stock Exchange (ZSE) at an extraordinary general…

Zimbabwe’s consumer prices fell by 2.31 percent on an annualised basis in March, compared to a 2.22 percent decline in February, the Zimbabwe National Statistics Agency said. On a monthly…

Listed resources group Falcon Gold has leased out Palatial Gold’s processing plant and the area surrounding it to RioZim Limited for a period of nine months under a renewable operating…

Zimbabwe will present a new financing programme to multilateral creditors by November this year after clearing its arrears, and expects to receive its first loan from the International Monetary Fund…