Stories

Struggling coal miner, Hwange Colliery Company Limited (HCCL) has begun a process of downsizing its workforce in a development that would see top managers losing their jobs with the company…

Zimbabwe’s President Robert Mugabe today announced a major shift in his government’s controversial empowerment policy, indicating the law could be amended to reflect softening local empowerment demands on foreign mines…

Movement for Democratic Change leader Morgan Tsvangirai today said Zimbabwe was facing several crises including President Robert Mugabe’s age. Addressing students at the University of Zimbabwe, Tsvangirai said Zimbabwe was…

Using President Robert Mugabe’s name to influence debates in Parliament will not be tolerated because it is inconsistent with the Standing orders of the House, Speaker Jacob Mudenda said last…

Zimbabwe has completed the $40 million purchase of a 60 percent stake in mobile telecoms operator Telecel Zimbabwe from Vimpelcom, the communications minister said yesterday. The Amsterdam-headquartered telecoms giant VimpelCom…

African Sun reported a loss after tax of $8.3 million in the 15 month period to 31 December as the tourism sector’s poor performance impacted its revenue. The group which…

Econet Wireless is by far the biggest contributor to a pool of funds managed by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) meant for infrastructure development in outlying…

Zimbabwe’s Bill on Special Economic Zones (SEZs) proposes to exempt businesses from restrictions imposed by the country’s labour and local ownership as the government tries to court investors, but labour…

Local makers of buses and trucks  say the government’s reluctance to procure vehicles locally was crippling the country’s motor industry. Appearing before a parliamentary committee on transport and infrastructure development,…

Agro-industrial concern Border Timbers has been placed under judicial management despite having shown signs of recovery last year when it narrowed its loss for the full-year to June by 54…