News

Foreign banks operating in Zimbabwe have submitted credible plans on how they intend to transfer majority shares to locals, the country’s Finance Minister said on Saturday, reducing the chances the…

Dawn Properties has reported an after tax loss of $3.8 million in the nine months to December 31, 2015 compared to an after tax profit of $150 000 in the…

Turnall Holdings Limited bounced back to profitability after a turbulent period, with a net profit of $115 000 in the full-year to December 31, 2015, as managing director Caleb Musodza…

When people talk about G40, four names usually crop up. Saviour Kasukuwere, Jonathan Moyo, Patrick Zhuwao and Mike Bimha. The group, it is alleged, is fighting to stop Vice-President Emmerson…

A local newspaper, Newsday, this week reported that former Vice-President Joice Mujuru’s Zimbabwe’s People First had been infiltrated by agents from the Zimbabwe African National Union-Patriotic Front as well as…

Atlas Mara’s Zimbabwe unit BancABC has reported a profit after tax of $2.4 million in the full year to 31 December from a loss of $1.5 million last year driven…

Finance Minister, Patrick Chinamasa has hit out at mining companies accusing them of operating ‘opaque systems’ where production figures are not declared to authorities. Zimbabwe, which has placed the mining…

The Movement for Democratic Change led by Morgan Tsvangirai has called on the government to abandon indigenisation saying this is a futile exercise which is doing nothing to take the…

Struggling agro-industrial group Zimplow Holdings is looking to dispose of its non-core property assets after its financial results for the full year to December 31 showed a 55 percent increase…

Zimbabwe's white farmers brace themselves up during the "land grab"- pic M&G President Robert Mugabe’s government is committed to compensating more than 6 000 white farmers whose land it has…