Stories

Zimbabwe has $304 million hard cash in circulation including $73 million in bond notes as of January 2017, about a third of optimum demand, reflecting a worsening liquidity crisis, an…

Finance Minister Patrick Chinamasa yesterday said Reserve Bank of Zimbabwe Amendment Bill which will legalise bond notes is going to address issues like three-tier pricing and will set penalties for…

Resources group RioZim says it will pay $8 million for Falcon Gold’s Dalny Mine, a deal which will double its asset value and increase gold output by 100 kilogrammes per…

The Movement for Democratic Change has called on the government to pay civil servants their bonuses for 2016 immediately in a move that sounds more political than rational as it…

The judicial manager of agro-industrial concern Border Timbers, Peter Bailey says the company will fully recover but will only pay off its $10 million liabilities over an eight-year period. The…

Buhera South Member of Parliament Joseph Chinotimba yesterday said people were being robbed in broad daylight as a loaf of bread was now costing $6 if one swiped. He said…

There was a heated exchange in parliament yesterday between Mabvuku-Tafara legislator James Maridadi and Hurungwe East Member of Parliament Sarah Mahoka when Maridadi asked Mahoka how many husbands she had…

Zimbabwe remains among the world’s most corrupt countries, according to results of a survey by global watchdog Transparency International released today. The southern African nation ranked 154 out of 176…

Zimbabwe’s state run pension fund, National Social Security Authority (NSSA) says it is in talks to restructure its deal with Zarnet which will see the government-owned Internet Service Provider buy…

Communications Regulators Association of Southern Africa (CRASA) says it plans to set up a mechanism for enforcing universal mobile data tariffs for countries in the region by 2019. Speaking on…