Stories

Retrenchments quickened by nearly 40 percent in 2014, with nearly 4 000 workers retrenched across all sectors of Zimbabwe’s economy as company closures accelerated, the Reserve Bank of Zimbabwe has said.

(420 VIEWS)

Tongaat Hulett Zimbabwe is targeting to develop an additional 23 000 hectares as the company gears to increase sugar production in the country, a top company official has said.

(521 VIEWS)

Government-owned Mbada Diamonds has started small-scale mining of conglomerate and kimberlitic diamonds as alluvial stones continue to dwindle, mines minister Walter Chidhakwa has said.

(513 VIEWS)

Global resources giant Rio Tinto plc paid $14 million in taxes to Zimbabwe out of a universal figure of $7.1 billion in 2014, reflecting its receding footprint in the country.

(573 VIEWS)

Movement for Democratic Change leader Morgan Tsvangirai has told the United States to lift its sanctions on Zimbabwe so that President Robert Mugabe and his Zimbabwe African National Union-Patriotic Front have no excuses to make their failing economic and political policies.

(985 VIEWS)

Vice-President Phelekezela Mphoko, who is reportedly staying in a hotel, cannot move in the house occupied by former Prime Minister Morgan Tsvangirai because that house is not fit for a Vice-President. It was built for a Prime Minister.

(349 VIEWS)

The Parliamentary Portfolio Committee on Media, Information and Broadcasting Services today dismissed the state broadcaster ZBC board from a hearing after it failed to produce a forensic audit report expected to shed light on the goings-on at the parastatal.

(413 VIEWS)

Movement for Democratic Change-Tsvangirai faction spokesman Obert Gutu has described the Zimbabwe African National Union-Patriotic Front deputy director for information Psychology Maziwisa as a misguided missile who needs expert psychiatric attention to help him cope with the hazards that come with leading a rather controversial lifestyle.

(507 VIEWS)

The riots at Chikurubi Maximum Prison were organised by about 100 inmates-led by convicted rapist Ro0bert Martin Gumbura- who planned to escape, Justice Minister  Emmerson Mnangagwa, who is also the country’s Vice-President  said yesterday.

(478 VIEWS)

The price of bread is expected to go down 10 percent by Friday and is likely to fall further in the coming months, tracking international trends, an official has said.

(659 VIEWS)