Stories

Econet Wireless, Zimbabwe’s largest telecommunications company, has reported a 10 percent fall in annual profit to $36.2 million, citing a decline in consumer spending. Revenue dropped 3 percent to $621.7…

Movement for Democratic Change leader Morgan Tsvangirai’s spokesman Luke Tamborinyoka today accused the State-controlled Sunday Mail of trying to tarnish Tsvangirai’s name through false allegations against his children. He also…

Regional tourism company, Wilderness Safaris, plans to make a bid for Air Botswana, the country’s loss-making national airline which the government wants to privatise. Botswana put the airline up for…

Agroindustrial group Zimplow today said  revenue for the first four months to April 30 was two percent above the same period last year, with most of its units recording higher…

Zimbabwe exported horticultural products worth $83 million in 2016, down from $96 million the previous year, according to the trade promotion agency, Zimtrade. “Horticulture exports have shown a steady increase…

Zimbabwe’s electricity generation dropped to 842 megawatts (MW) on today, just over half of peak demand, after output at Hwange Thermal Power Station dropped to under a third of capacity,…

Zimbabwe is still investigating the case of the missing diamonds worth an estimated at $15 billion but this might take a long time because the exercise is being done by…

Caledonia Mining Corporation says it will seek shareholder approval to consolidate the share capital of the company to facilitate the listing of its shares on the New York Stock Exchange…

Brickmaker Willdale’s shareholders have approved the company’s proposal to dispose of 190.1 hectares of its land for $4.75 million, which will be used to settle part of the company’s debt…

The Zimbabwe central bank’s credit reference bureau, which started operating in January, now has 85 percent of information on total loans extended by the banking sector. Credit bureaus are seen…