Stories

Cable manufacturer CAFCA has reported a 34 percent decline in revenue to $9.4 million in the six months to March as sales in the export and domestic markets continued to…

In his Independence Day speech in April, President Robert Mugabe said there were “signs of recovery”. Last week, his Industry Minister, Mike Bimha, said “we are recovering”, and that there…

Zimbabwe’s cash crisis has led to questions about the government’s management of the country’s financial systems, with indications that its increasing borrowings on the domestic market have created a financial…

Barclays Bank Zimbabwe says it intends to maintain its impressive loan loss ratio at less than one percent which is far less than the industry average of 11 percent, despite…

Buhera South Member of Parliament Joseph Chinotimba asked Finance Minister Patrick Chinamasa last week why he did not simply introduce bond coins, even $100 coins, if people did not like…

Though there is s a popular belief that Nigerians are spoiling things in Southern Africa, including in Zimbabwe, because of their high level of corruption, Zimbabwe is actually more corrupt…

AIM-listed junior miner Vast Resources recorded an eight percent quarterly increase in gold output to 79.6 kilogrammes (2 808 ounces) at its Pickstone-Peerless Gold Mine (PPGM) as production levels reached…

Innscor Africa Limited shareholders have approved the unbundling of its retail and distribution business through a dividend in specie which will pave way for the separate listing of the unit…

Tobacco processor Boost Africa says it expects a 47 percent increase in tobacco deliveries after increasing the number of farmers under its outgrower scheme by 50 percent. The local company,…

Hotelier African Sun Limited says it has so far refurbished the Elephant Hills Hotel under a reorganisation of its portfolio under management of the Legacy Group of Hotels. In September…