News

Amalgamated Regional Trading (ART) narrowed its loss after tax to $590 000 in the full year to September compared to $1.1million last year on improved margins and  factory efficiencies, the…

Struggling Bulawayo firm Marvo Stationery Manufacturers  has failed in its bid for a second loan from the Distressed Industries and Marginalised Areas Fund (Dimaf) and is likely to be liquidated,…

Harare West Member of Parliament Jessie Majome has called on the Secretary for Information, George Charamba, who is also the government and President Robert Mugabe’s spokesman, to resign over his…

Gokwe Member of Parliament Dorothy Mhangami says boards of parastatals must be investigated because a lot of mismanagement is taking place in State enterprises when they are there. Contributing to…

Four out of every five Zimbabweans say the government has failed to curb corruption which has become so institutionalized that some people believe the country cannot turn around its fortunes…

Aquarius Platinum, which jointly owns Zimbabwe’s Mimosa Mine in Zvishavane, expects the purchase of its assets by Sibanye Gold to be completed in April next year as it awaits approval…

Perks for chefs from the rank of deputy minister and above were substantially increased when the government raised the salaries of all members of the legislature from Member of Parliament…

Zimbabwe and China signed a string of deals yesterday, headlined by a $1.4 billion agreement for the upgrade of Hwange thermal power plant and a fibre optic project for state-owned…

Bindura Nickel Corporation (BNC) slipped to a $3.4 million loss after tax in the six months to September from a $8.5 million profit position in the comparative prior year on…

Zimbabwe expects to sign agreements worth about $4 billion for the upgrade and construction of four power plants with a combined electricity generation capacity of 2 400 megawatts, during Chinese…