News

President Robert Mugabe on Tuesday announced a new policy on indigenisation which most people thought was a major shift from the hardline stance that the government had so far insisted…

The temptation to point and laugh at Patrick Zhuwao is very hard to resist. Youth and Economic Empowerment Minister, Zhuwao has called other ministers “liars”, written tedious, preachy articles in…

Three funeral assurance companies failed to meet the prescribed minimum capital requirement of $1.5 million in 2015 as the industry stagnated, the Insurance and Pensions Commission (IPEC) said in its…

Beverage manufacturer Delta Corporation yesterday reported a 7 percent decline in revenue for the year to 31 March on soft consumer demand and increased competition from imports. The company issued…

Picture- Newsday Demonstrators in Zimbabwe today held the largest protest against President Robert Mugabe in nearly a decade, marching through central Harare demanding that the 92-year-old leader make a "dignified…

Former Zimbabwean Vice-President Joice Mujuru has her sights set on upsetting President Robert Mugabe’s 36-year hold on power with her newly formed Zimbabwe People First party. But it won’t be…

Canadian-listed Caledonia Mining, which owns Blanket Mine in Zimbabwe, has declared a quarterly dividend of 1.125 cents after moving its head office offshore to avoid taxes on the payments. Caledonia,…

The Reserve Bank of Zimbabwe (RBZ) says the rising rate of defaults recorded by microfinance institutions (MFI’s) in the country poses a threat to the sector which has witnessed growth…

Steward Bank, a subsidiary of Econet Wireless has secured a $15 million line of credit for on lending to small to medium enterprises (SMEs). Steward Bank chief executive Lance Mambondiani…

The Confederation of Zimbabwe Industries (CZI) has welcomed President Robert Mugabe’s move to lower thresholds on the indigenisation policy, saying it “brings sobriety and a pragmatic tone to implementation” but…