Stories

Mimosa mine recorded a 32 percent drop in revenue to $99 million in the half-year to December on reduced production and weak commodity prices, the parent company reported yesterday. The…

Zimbabwe is among several sub-Saharan countries that stand to benefit from the growth of mobile phone banking which has potential to boost economies and create opportunities for banks, global credit…

Zimbabwe is to accept movable assets such are machinery, equipment and vehicles, which have up to now been regarded as “dead capital”, as collateral for business to access credit, Central…

Government says it is looking for potential investors to take up part of its shareholding in the Zimbabwe Stock Exchange (ZSE). The local bourse, previously a non-profit member owned organisation,…

The Movement for Democratic Change has spelt out conditions which it says will enable free and fair elections which are just over two years away. In a statement, the party…

Delta Beverages says it will invest $26 million to upgrade its  Masvingo and Kwekwe breweries to increase production capacity of its popular sorghum beer, Chibuku Super from 2.2 million litres…

Zimbabwe’s banks reported an aggregate net profit of $127.5 million last year, making this one of the most lucrative business sectors in the country whose economy has been on the…

The Zimbabwe Asset Management Corporation which was set up by the Reserve Bank of Zimbabwe to take over non-performing loans from banks to strengthen their balance sheets has so far…

Zimbabwe is the only country in the Southern African Development Community with negative inflation and this is largely because of the deflating effects on food and non-food prices and waning…

Zimbabwe’s huge import bill is constraining the country’s economic growth potential and the situation is being worsened by illicit financial flows out of the country, Central Bank governor John Mangudya…