News

Vice-President Phelekezela Mphoko’s stay in at the five-star Rainbow Towers since 14 December 2014 is an issue for the elders and should not be spoken about, Vice-President Emmerson Mnangagwa told…

Zimbabwe’s consumer price index sank further into negative territory in September after shedding 0.34 percentage points on the August rate of -2.77 percent to -3.11 percent,  the national statistics agency…

The National Railways of Zimbabwe (NRZ) board has been ordered to re-advertise the position of the parastatal’s general manager by newly-appointed transport minister Joram Gumbo, months after it had shortlisted…

British firm Sunbird Bioenergy has partnered government to set up a $150 million ethanol operation in Zimbabwe next year, an official has said. The deal will see the establishment of…

Econet Wireless Zimbabwe, the country’s largest telecoms operator yesterday reported a 52 percent decline in after-tax-profit to $23 million for the six months to August on weak aggregate demand and…

Zimbabwe will seek new loans from the International Monetary Fund, World Bank, and African Development Bank to stem the economic slowdown, finance minister Patrick Chinamasa said today. The southern African…

Vice-President Emmerson Mnangagwa who is also the Leader of the House told Parliament yesterday that he was ready to answer any questions Parliamentarians might have after members of the opposition…

First Lady Grace Mugabe yesterday said it was “cold outside ZAU-PF” because once you leave the party, you are finished.  “Kana usiri muZANU-PF kunze uku kunotonhora, unogara wakapfeka zibhachi,” she…

Zimbabwe has asked two ferrochrome producers, including a unit of China’s Sinosteel Corp Ltd, who own 80 percent of all chrome mining claims to release some ground for distribution to…

Atlas Mara, owners of Pan-African banking group BancABC say they are looking to expand into seven more countries in sub-Saharan Africa through acquisitions, taking advantage of opportunities offered by weaker…