Stories

The issue of Vice-Presidents will not come up at all at the forthcoming Zimbabwe African National Union-Patriotic Front annual conference to be held in Masvingo because it is not elective.…

Perennial loss-making sugar manufacturer, StarAfrica Corporation has continued to default on payments to its creditors in terms of the company’s Scheme of Arrangement and is considering a debt-equity swap arrangement…

Axia Corporation has reported a net profit of $2.3 million for the three months to June 30, its first set of financial results since unbundling from Innscor Africa. Axia, which…

Harare City Council has proposed a $345.7 million budget for 2017, up from $343.9 million in 2016 which will be financed by water revenue, property tax and refuse collection fees.…

The Movement for Democratic Change, which turns 17 tomorrow, says it is poised to win any free and fair elections in Zimbabwe and is on the homestretch for make the…

Zimbabwe is currently in the same situation it was in in 2008 when its money became worthless but this time there is no way out for President Robert Mugabe because…

Lafarge Cement’s loss position nearly doubled from $1.3 million to $2.2 million in the six months to June on soft demand as competition in the cement sector increased, the company…

Zimre Holdings has posted a 63 percent growth in operating profit to $2.5 million driven by positive performance in reinsurance and general insurance units. Zimre’s portfolio includes reassurance, short-term insurance,…

Chloride Zimbabwe, a subsidiary of Amalgamated Regional Trading (ART) Corporation, says its production capacity has increased by 50 percent following the installation of a new battery making plant. Chloride is…

Zimbabwe’s highest court has cleared the way for bond notes to be introduced next month after throwing out former Vice-President Joice Mujuru’s case challenging the introduction of the notes which…