News

The outbreak of foot and mouth disease in central and southern Zimbabwe is worrying neighbouring South Africa and Botswana, who have stepped in to help contain the outbreak to stop…

Cairns Foods, a subsidiary of struggling manufacturer Cairns Holdings, has increased its capacity utilisation from as low as five percent in 2012 to 35 percent in 2015 as the food…

Zimbabwe Stock Exchange-listed agricultural concern, Zimplow, says the just-ended farming season ate into its bottom line, with the firm’s loss position worsening to $1.85 million loss in the half year…

Central bank governor John Mangudya says maize imports have become a breeding ground for corruption, with licenced importers now reselling the grain to the Grain Marketing Board (GMB) for profit.…

BLUEPRINT TO UNLOCK INVESTMENT AND LEVERAGE FOR DEVELOPMENT (BUILD)   MY FELLOW CITIZENS, COUNTRYMEN AND FRIENDS, Since my last statement issued in early June 2015, we have been hard at…

Former Vice-President Joice Mujuru yesterday unveiled her economic blueprint, the Blueprint to Unlock Investment and Leverage for Development (BUILD), which Higher Education Minister Jonathan Moyo immediately rubbished as LootAsset. The…

Zimbabwe says the slowdown in China’s economy is affecting its recovery efforts and that it intends to ramp up mineral production to cushion the country against falling commodity prices and…

Zimbabwe’s short-term insurers enjoyed profit growth in the first quarter of the year, aided by a decrease in uptake of reinsurance, the latest report by the industry regulator shows. Total…

Bulawayo mayor Martin Moyo is set to visit France next month in a bid to woo investors from that country to revive the city’s ailing manufacturing sector, council minutes have…

The Confederation of Zimbabwe Industries (CZI) has pleaded with the International Monetary Fund (IMF) to release cheap loans for the capital starved private sector to recapitalise and replace aging equipment.…