Stories

The Infrastructure Development Bank of Zimbabwe (IDBZ) said it had raised $50 million towards the expansion of the Kariba South Hydroelectric Power Station. The power station is undergoing an upgrade…

President Robert Mugabe has once again quashed rumours about his death by returning home and proclaiming: ““Yes, I was dead. It’s true I was dead. I resurrected like I always…

Zimplats has reported net earnings of $7 million, from an annual loss of $74 million last year, driven by an increase in sales volume of more than 50 percent. Sales…

Legal expert Alex Magaisa says the recent police ban on demonstrations is unconstitutional because Zimbabwe’s constitution specifically states that statutory instruments must not infringe or limit any of the rights…

State owned fixed line operator, TelOne, has reduced its operating costs by 16 percent in the first six months of the year, benefiting from a year long rationalisation exercise. TelOne…

The Zimbabwe Stock Exchange market capitalisation was largely static in August but turnover dropped by over a third as foreign investors sold off local holdings. Overall market capitalisation marginally grew…

Fidelity Life Assurance says it is in the process of restructuring its long term debt which has resulted in high finance costs that are weighing down the company’s balance sheet.…

The Movement for Democratic Change which has been spearheading the demonstrations organised by the 18-opposition-party National Electoral Reform Agenda says the march that was penciled for tomorrow has been postponed…

Zimbabwe’s largest gold miner, Metallon Corporation, has allocated 288 mining claims around its Redwing Mine in Mutare to local community groups as part of its empowerment programme, an industry official…

Local pharmaceutical and personal care products manufacturer Datlabs Limited says its new camphor product now contributes 60 percent of its revenue on the back of increased demand, helped by a…