Stories

The United States today removed former Zimbabwe Electoral Commission chairman Theophilus Pharaoh Gambe from its sanctions list which at one time had nearly 100 individuals and more than 60 entities.…

Padenga Holdings today reported a 23 percent increase in after tax profit to $8.9 million on the back of increased revenue. Revenue increased by 13.75  percent from $27.5 million in…

Agricultural Development Bank of Zimbabwe (Agribank) today reported a profit after tax of $4.8 million in a full-year to December 2016 from a loss of $6,3 million in the prior…

Higher Education Minister Jonathan Moyo insists that the much-herald Command Agriculture project, which is officially known as the Special Maize Programme for Import Substitution, was a flop and is likely…

Zimre Property lowered its after tax loss by 53 percent to $1.4 million in the full-year to December from $3 million in the prior period. “A negative fair value adjustment…

Results of the controversial $130 million Econet Wireless rights issue which opened on 20 February and closed on 10 March will be released tomorrow. The rights issue was mired in…

The Reserve Bank of Zimbabwe says it does not want to see US$100 notes on the market because they make it easier to externalise scarce foreign currency. RBZ deputy governor…

Higher Education Minister Jonathan Moyo who has rubbished the government’s much heralded Command Agriculture project actually benefitted from the programme, the State-controlled Sunday Mail said today. In a series of…

The Zimbabwe Stock Exchange (ZSE) market turnover increased remarkably by 94 percent last week to $11.8 million driven by high turnover in telecomms firm, Econet. On Friday, Econet shares worth…

Ecobank Zimbabwe reported a 91 percent  increase in after-tax profit to $9.9 million in the full year to December on the back of increased net interest income and operational efficiency.…