News

The government is investigating the circumstances under which the ownership of Midlands-based gem miner Murowa Diamonds changed hands last year, Parliament heard. As at mid-last year, Rinto Tinto PLC held…

The strike by workers of National Railways of Zimbabwe (NRZ) workers entered its second week with no end in sight despite a promise by the parastatal’s chairman to pay part…

Zimbabwe’s President Robert Mugabe yesterday announced major changes to his government’s empowerment policy, indicating the controversial law could be amended to reflect softening local empowerment demands on foreign mines and…

Struggling coal miner, Hwange Colliery Company Limited (HCCL) has begun a process of downsizing its workforce in a development that would see top managers losing their jobs with the company…

Zimbabwe’s President Robert Mugabe today announced a major shift in his government’s controversial empowerment policy, indicating the law could be amended to reflect softening local empowerment demands on foreign mines…

Movement for Democratic Change leader Morgan Tsvangirai today said Zimbabwe was facing several crises including President Robert Mugabe’s age. Addressing students at the University of Zimbabwe, Tsvangirai said Zimbabwe was…

Using President Robert Mugabe’s name to influence debates in Parliament will not be tolerated because it is inconsistent with the Standing orders of the House, Speaker Jacob Mudenda said last…

Zimbabwe has completed the $40 million purchase of a 60 percent stake in mobile telecoms operator Telecel Zimbabwe from Vimpelcom, the communications minister said yesterday. The Amsterdam-headquartered telecoms giant VimpelCom…

African Sun reported a loss after tax of $8.3 million in the 15 month period to 31 December as the tourism sector’s poor performance impacted its revenue. The group which…

Econet Wireless is by far the biggest contributor to a pool of funds managed by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) meant for infrastructure development in outlying…