Stories

The Depositors Protection Corporation (DPC) has recovered $35 million from six closed banks, but has only reimbursed $3.2 million to 11 000 depositors, chief executive John Chikura said. This is…

The Zimbabwe Stock Exchange industrial index advanced 0.24 percent to close the week on 198.41 points, driven by slight gains in some heavyweight counters. The mining index eased 1.13 percent…

President Robert Mugabe was ready to retire more than a decade ago but he was only willing to leave office in a “blaze of glory,” not a “blaze of condemnation”.…

A British Member of Parliament, Kate Hoey, this week asked Foreign and Commonwealth Minister Rory Stewart to spend British aid to Zimbabwe on voter education because President Robert Mugabe was…

Zimbabwe has $760 million, which is 11.7 percent of total deposits, but this money is not circulating as it should causing the current cash shortages, Agriculture Minister Joseph Made said…

Financial services group CBZ Holdings and Bulawayo City Council (BCC) yesterday  signed a memorandum of understanding (MOU) to construct 670 houses at a cost of $7 million in the city.…

Zimbabwe cannot adopt the South African rand as its own currency because it is foreign currency which has to be earned, Agriculture Minister Joseph Made who was standing in for…

Auction floor sales for the 2017 tobacco selling season declined by 3.23 percent to $508.56 million as at July 5, 2017, from $525.5 million recorded in the comparable period last…

The State owned, Central Mechanical and Equipment Department  (CMED) is owed close to $25 million by the Zimbabwe government and the Zimbabwe Electoral Commission (ZEC) for car rentals as far…

  President Robert Mugabe was prepared to hand over power to Emmerson Mnangagwa way back in 2002 provided he was allowed to complete his presidential term which ended in 2008.…