News

Zimbabwe’s indigenisation policy, which requires a 51 percent local ownership of all foreign-owned companies with a value of more than $500 000, is not an impediment to foreign direct investment…

Herald columnist Nathaniel Manheru, widely believed to be Information Secretary George Charamba, has scoffed at the private media for its double standards -blasting the government for failing to pay civil…

Agricultural concern Ariston Holdings slipped to an after tax loss of $1.7 million in the full-year to December from a profit of  $1.5 million the previous year on declining revenues…

Zimbabwe’s trade deficit widened in November last year amid a broad decline in exports, adding to concerns that the country could be heading into recession as the manufacturing sector’s production…

Gold production at Caledonia Mining Corporation’s 49 percent owned Blanket Mine rose by 2.5 percent to 42,806 ounces in the full year to December, the company says. The Canadian-listed junior…

I walked into a hardware shop the other day wanting to buy a kitchen top board. The two assistants, who were chatting to each other, looked at me as if…

The Reserve Bank of Zimbabwe’s decision to officially include the Chinese yuan as a reserve currency could improve liquidity in the country, a South African based research firm has said,…

Zimbabwe’s banking sector profits surged over ten-fold to $86.09 million in the nine months to September 2015 from $7.47 million profit recorded in the same period in 2014 driven by…

Innscor Africa chief executive, Antonio  Fourie is being sued in his native South Africa for his alleged part in the failure of African Bank Investments Limited (Abil) in 2014 by…

The Movement for Democratic Change has condemned the high-handed manner in which the police have handled recent peaceful demonstrations and says the ruling Zimbabwe African National Union-Patriotic Front is now…