Stories

Former employees of struggling miner Mbada Diamonds today spent their fifth day camping outside the company’s headquarters in Borrowdale demanding payment of their packages and outstanding salaries, while threatening legal action against the firm.

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Bulawayo-based textile firm Merlin is close to securing a $1 million funding under the Distressed Industries and Marginalised Areas Fund (Dimaf) to resume production while scouting for credible investors, the judicial manager has said.

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President Robert Mugabe yesterday blasted the United States for extending sanctions on Zimbabwe and said that Washington was now at the mercy of Beijing. He said people scoffed at him…

The National Social Security Authority (NSSA) has commenced construction of a $6.5 million shopping mall in Chipinge, Manicaland province, a decade later than the originally planned after hyperinflation rendered the local currency worthless and planning almost impossible.

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The Movement for Democratic Change faction led by Morgan Tsvangirai says the Broadcasting Authority of Zimbabwe should be disbanded because it is packed with apologists for the Zimbabwe African National Union-Patriotic Front.

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Former Industry and International Trade minister Nkosana Moyo has joined South Africa’s Impala Platinum, the world’s second largest platinum producer and Zimplats’ parent company, as an independent non-executive director, the…

The government says it will rescue MicroKing, the micro-lending arm of AfrAsia Bank Zimbabwe — which was closed last week when its Mauritian owners pulled out — after visiting United Kingdom secretary for international development, Mark Lowcock raised fears over British investment in the institution.

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Vice-President Emmerson Mnangagwa, who is also the country’s Justice Minister yesterday said reforms to the Electoral Act to align it t the new constitution were completed on Monday and he is going to introduce 11 bills either today or on Tuesday  for Parliament to ratify the process.

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The National Railways of Zimbabwe board has shortlisted five candidates from an initial list of 40 who applied to head the ailing parastatal, an official has said.

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The tobacco selling season got off to a false start today, with riot police called in at the Boka Auction Floor after farmers protested low prices, leading to sales being suspended for the greater part of the day.

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