Stories

Revenue for Zimbabwe’s mobile operators fell by 9.7 percent from $199.2 million to $179.8 million in the quarter to March, as voice income plummeted and operating costs spiked, the regulator…

President Robert Mugabe today donated $1 million to the African Union Foundation in a “humble gesture” which he said he hoped would steer the AU towards financial independence. Currently 61.7…

The Movement for Democratic Change led by Morgan Tsvangirai today said it is alarmed by President Robert Mugabe’s call to take over the remaining farms occupied by white farmers yet…

National Social Security Authority profit increased by 230 percent to $105.9 million for the full year to December 31, 2016, on the back of less write downs and improved contributions.…

Logistics group, Unifreight says its outlook is ‘extremely favourable’ after cost cutting measures resulted in savings of $5 million annually. Chief executive Rob Kuipers told shareholders at the annual general…

The Member of Parliament for Chegutu West Dextor Nduna says the government should take over the debts of the national airliner Air Zimbabwe and the National Railways of Zimbabwe  to…

Zimre Holdings Limited (ZHL) says it has been granted permission by the central bank to open a $2 million offshore account for its reinsurance company, Baobab, to allow the company…

Zimbabwe’s excessive government expenditure can be cut if there is adequate policing. The Ministry of Transport head office cut its telephone bill from $1.9 million, roughly $158 300 a month,…

Starafrica Corporation posted a 75 growth in revenue to $32.6 million for the year ended March 31, driven by improved production at its Goldstar Sugars Harare (GSSH) and profitability at…

Facebook announced this week that 2 billion people — more than one quarter of the world's population — are now active users of the social network Mark Zuckerberg started in…