News

Zimbabwe’s Indigenisation Minister Patrick Zhuwao today backed off threats to take precipitous action and close foreign firms deemed to be non-compliant with the country’s local ownership law, but accused the…

Chinese President Xi Jinping after signing the mega deals Cash-strapped Zimbabwe feels arm-twisted to accept offshore loans from friendly states such as China and India, which come with strict procurement…

Miner RioZim has reported an 85 percent jump in gold output in the year 2015, driven by the resumption of operations at the historic Cam & Motor mine in Kadoma,…

Production of tobacco, Zimbabwe’s biggest export earner, is expected to fall 15 percent to 160 million kilogrammes this season following a drought that has left millions facing hunger, an industry…

Buy Zimbabwe, a lobby group for domestic production and consumption, has hit out at government over threats to close foreign controlled firms that fail to comply with a controversial local…

Standard Chartered Bank Zimbabwe has taken the country’s revenue authority to court after a disputed $4 million tax adjustment forced a 94 percent decline in the bank’s net profit in…

President Mugabe and Japanese Prime Minister Shinzo Abe President Robert Mugabe yesterday said anyone who thinks he has been in office too long should blame the people of Zimbabwe who…

Workers at state-owned National Railways of Zimbabwe (NRZ) yesterday downed tools in protest after going for 14 months without getting their salaries, officials have said. The strike also affected the…

Microcred Group and AfricInvest Financial Sector Fund have agreed a deal to acquire MicroKing Finance (MicroKing),  a micro lending subsidiary of AfrAsia Zimbabwe Holdings Limited, the French firm said today.…

Battered Tsvangirai facing defamation charge- pic Mirror The trial of Movement for Democratic Change leader Morgan Tsvangirai in which he is charged with defamation by army colonel Christopher Mayoyo over…