Posted inStories
CABS asset base now $1billion
CABS houses in Budiriro- pic The Herald Zimbabwe’s largest mortgage lender, Central African Buildings Society (CABS) says its total asset base increased by 22 percent to $1 billion from $852…
Posted inStories
Dairibord makes five-fold profit
Milk processor Dairibord Holdings is restructuring its operations to simplify the group structure, the company has said, and will deregister a number of its dormant companies to reduce costs. The…
Posted inStories
CZI identifies 18 key areas to focus on to drive industrialisation
The Confederation of Zimbabwe Industries (CZI) has identified 18 “sustainable value chains” in different sectors of the economy that should be targeted as for investment as part of the private…
Posted inStories
High quality journalism essential for stronger robust economies
Press freedom and independence, a staple ingredient of democracy worldwide, is declining at an alarming pace, according to the 2015 World Press Freedom Index. But the transparency and vigilance that…
Posted inStories
Mudenda blocks MDC-T query about Mphoko’s year-long hotel stay
Speaker of Parliament Jacob Mudenda last week blocked Mabvuku-Tafara Member of Parliament James Maridadi from asking a question about Vice-President Phelekezela Mphoko’s 15-month stay at the rainbow Towers and instead…
Posted inStories
Mimosa mine to change ownership
Aquarius Platinum, which jointly owns Zimbabwe’s Mimosa Mine in Zvishavane, on Thursday said South African regulators had approved the purchase of its entire shareholding by Sibanye Gold. The Bermuda registered…
Posted inStories
Mugabe says he will step down if war veterans say so but…….
In happier times, Mugabe, Mutsvangwa and his wife Monica President Robert Mugabe yesterday said he will step down if Zimbabwe’s war veterans say so but he added that the final…
Posted inStories
FBC profit surges to $18.1million
FBC Holdings said it lifted its profit after tax to $18.1 million in the 12 months to December 2015 from $5 million registered in the comparable period due to Turnall…
Posted inStories
MDC-T warns of a return to the Gono days of cash shortages
The Morgan Tsvangirai-led faction of the Movement for Democratic Change has warned that Zimbabwe could face a serious cash crisis which could result in shortages of goods and queues for…
Posted inStories
Chinotimba asks Mnangagwa if Zimbabwe has summoned US ambassador to explain violence in the US presidential campaign
Buhera South Member of Parliament Joseph Chinotimba has asked Vice-President Emmerson Mnangagwa whether the Zimbabwean government has summoned the United States ambassador to Zimbabwe to explain the violence in the…