Stories

OK Zimbabwe reported an 88 percent decline in operating profit at $1.3 million for the year ended 31 March 2016 compared to $10.7 million in prior year as the increasingly…

Hippo Valley Estates, the local unit of South African sugar processor Tongaat Hullet, reported an annual loss of $8.5 million from an after tax profit of $7.3 million last year…

The Movement for Democratic Change led by Morgan Tsvangirai has warned that civil unrest could break-out in Zimbabwe because millions of people have no access to food and the government…

Members of Parliament who make unsubstantiated allegations against fellow legislators will face stiff action and might be suspended from the House, Speaker of Parliament Jacob Mudenda said just before the…

Zimbabwe’s struggling national airline Air Zimbabwe is experiencing an exodus of skilled personnel because of poor working conditions, an official has said. Chairperson of the Zimbabwe Flight Crew Association (ZFCA)…

The Movement for Democratic Change-Tsvangirai has welcomed the recent announcement to crack down on corrupt senior government and party officials but said the blitz must and indeed, should be all-embracing…

The company that won a lucrative $2 billion contract for the construction of Zimbabwe’s most important highway is under a World Bank ban for tender rigging and fraud. Zimbabwe recently…

The International Monetary Fund (IMF) says it is assessing the impact of Zimbabwe’s plans to introduce local bond notes, a measure that has caused a run on banks amid fears…

Clothing retain chain Edgars Stores has reported an operating loss of $2.2 million in the first quarter to March 2016, as weak sales widened losses from the $1.6 million loss…

Diversified agro-industrial concern CFI Holdings’ loss for the half-year to March 31 widened to $6.1 million from $3.8 million last year, as low capacity utilisation and inadequate working capital weighed…