Stories

Zimbabwe has cancelled two tenders, including one where Parliament was going to buy 173 laptops at US$1 602 55.77 which translates to US$9 264.48 each. The laptops were to be…

The rich will compete harder for high-end residential properties, demand for suburban office space will keep rising, while demand for industrial and retail space firms. As for the Harare CBD,…

Eleven Zimbabweans, half of whom are now dead while the remainder have been deemed to no longer undermine Zimbabwe’s democratic processes and institutions, were yesterday removed from the United States…

Zimbabwe Republic Police deputy commissioner general (administration), Stephen Mutamba, was added to the United States sanctions list today. United Nations special envoy Alena Douhan has just released a report on…

Zimbabwe’s state-media, which has been falling all over to promote the so-called re-opening of the Cold Storage Company, was sold a dud when it announced that CSC-Boustead Beef had opened…

Zimbabwe’s volatile currency is showing signs of stabilising, with the gap between the official and parallel-market exchange rates narrowing and raising hopes runaway inflation may cool. “We have basically converged…

PPC Africa got a US$4.4 million dividend from its Zimbabwe operations in June, and says cement demand in the country remains solid despite three price increases this year. The country’s…

Zimbabwe’s central bank widened its probe into city councils charging for services in US dollars, after freezing the accounts of the capital over the practice. The bank’s Financial Intelligence Unit…

The Zimbabwe dollar today shed $24.07 to end up at $604.2580 to the United States dollar closing in on the black market rate which now ranges from $700 to $750.…

Lafarge has completed the construction of a new mill that will double its cement manufacturing capacity – but it cannot use the new plant because it owes the supplier US$5.2…