Stories

The National Railways of Zimbabwe (NRZ) says will sweat its real estate and property assets to raise capital to finance immediate needs, but expects to find a strategic partner by…

Beverage manufacturer Delta Corporation has reported a 12 percent decline in annual profit to $80 million, after revenue fell seven percent as consumer spending remains under pressure. Revenue from continuing…

National Railways of Zimbabwe (NRZ) workers have refused to end their strike after the government paid them $3 million, about four percent of the $68 million they are owed in…

National Railways of Zimbabwe (NRZ) workers have refused to end their strike after the government paid them $3 million, about four percent of the $68 million they are owed in…

Zimbabwe’s tax agency says net revenue collections in the first quarter of the year were 16 percent below target at $724 million, as most tax heads underperformed in the struggling…

Finance Minister Patrick Chinamasa yesterday finally delved into the debate on the proposed introduction of “bond notes” defending the legality of the move while promising that government will not overstep…

Zimbabwe’s business leaders have asked the central bank to shelve its plan to introduce domestic “bond notes”, voicing their distrust of government methods of dealing with an acute cash shortage…

The National Social Security Authority (NSSA) has appointed Henry Chikova as the acting General Manager of NSSA,  replacing Hashmon Matemera who is facing allegations of externalising $330 million when he…

The People’s Own Savings Bank (POSB) today paid a $2 million dividend to its sole shareholder, the government, after recording a five-fold jump in net profit to $7.6 million for…

Acting National Social Security Authority general manager Hashmon Matemera has been charged with conniving with officials from Jinan Mining to externalise more than $330 million when he was managing director…