Stories

Platinum miner Mimosa recorded a 15 percent decrease in revenue to $53 million in the first quarter ended September 15 weighed down by falling commodity prices as well as a…

India’s Exim Bank has extended an $87 million line of credit to Zimbabwe to finance the upgrade of its Bulawayo Thermal Power Station. Currently Zimbabwe is only generating half of…

Mauritius-based Flyafrica Limited, which owns 49 percent of low cost airline Flyafrcia Zimbabwe, says its local partners acted unilaterally and illegally when they surrendered the Airline operator Certificate (AOC) to…

The Deputy Minister of Public Service Tapiwa Matangaidze was put under the spot yesterday in Parliament when he was asked to explain the chaos at the Premier Service Medical Aid…

Zimbabwe’s Treasury has so far received nearly $260 million in dividends over nine years from diamond companies operating in Marange, eastern Zimbabwe in which it has shareholding, mines minister Walter…

Speaker of Parliament Jacob Mudenda yesterday blasted Members of Parliament for dereliction of duty after the House was on Tuesday forced to defer proceedings for the third time this month…

The number of slaughtered pigs dropped by one percent in the first 9 months of 2015 as demand fell due to falling disposable incomes and outbreak of African swine fever,…

Zimbabwe Newspapers, the country’s largest media group, reported a $1.9 million net profit for the half year to June 30, as it republished its results citing a material tax error…

Zimbabwe has been looking east to China since the West imposed sanctions on President Robert Mugabe’s administration more than a decade ago, but it would go a long way if…

Zimbabwe’s state owned fixed line mobile operator TelOne says it expects to conclude negotiations for a $98 million loan facility from China’s Exim Bank to finance its network modernisation program…