Stories

First Mutual Holdings Limited (FML) will sell-off its 20 percent shareholding in Zimbabwe’s second largest hotel group, Rainbow Tourism Group (RTG), as it moves to concentrate on its core operations.…

Zimbabwe government will on April 1 shut down foreign-owned companies that have not complied with its empowerment laws which demand that they sell their shares to locals, youth and empowerment…

Diversified insurance firm Fidelity Life Assurance of Zimbabwe has reported a 36 percent increase in revenue in the full-year to December 2015 to $17.2 million from $16.5 million in the…

Zimbabwe’s liberation fighters have come guns blazing for Vice-President Phelekezela Mphoko. According to Newsday, they want him to go because he is fanning factionalism and tribalism. Zimbabwe National Liberation War…

Government has said Mutare City Council senior managers who are facing fraud and corruption allegations have to pay back the millions they allegedly siphoned out of the city’s coffers. A…

The Zimbabwe Association of Dairy Farmers (ZADF) said yesterday milk production was up 18 percent to 5.2 million litres in January 2016 compared to the same month last year. The…

The Movement for Democratic Change led by Morgan Tsvangirai yesterday said the people of Mashonaland East will bury the ghost of fear to vote for change in 2018. Tsvangirai completed…

Blue-chip financial services group NMBZ Holdings has recorded a 231 percent increase in net profit to $5.5 million in the full year to December 2015 despite writing off loans amounting…

Metallon Gold, Zimbabwe’s largest gold producer says that it produced 96 530 ounces in 2015, about eight percent lower than the target as continued power interruptions hit production at its…

The board of Zimbabwe’s second largest mobile operator, NetOne,  today said it is implementing strategies aimed at transforming the state-owned telco from being perennially dependent on shareholder injections into a…