AN internal forensic audit on the operations of the Zimbabwe National Road Administration (Zinara) has exposed massive financial abuse, including the payment of $71 million and R31 million to contract...
THE Zimbabwe Congress of Trade Unions (ZCTU) has accused the government of prioritising capital and attracting "cruel" foreign investors, who are subjecting local workers to hazardous working conditio...
Total vehicles sales in the country will this year decline by 13.9% on the back of the ongoing liquidity crisis and weak economic growth, a Fitch Group research company revealed. Sales for new vehicle...
The Zimbabwe Revenue Authority (Zimra) surpassed its revenue target by 14,34% in September, with net collections of $373,23 million on the back of tax compliance. The net collections target was $326,4...
Brainworks Limited says it is currently in talks over a secondary listing on the ZSE, which the investment holding company is targeting to complete within the next twelve months. Chief Executive Brett...
Cabinet has raised concerns over investors shortlisted for the multi-million dollar upgrading of Beitbridge Boarder Post, potentially putting on ice Zimbabwe's plans to improve movement of vehicle tra...
LAST week's crashing of the bond note against the United States dollar led to market panic while at the same time evoking memories of the country's unprecedented economic meltdown and hyperinflation e...
ZSE has fired its controversial chief executive Alban Chirume ending a protracted dispute finally resolved by the Ministry of Labour and Social Welfare, which upheld his dismissal. The ZSE in February...
Government is currently consulting stakeholders on the development of a successor Zimbabwe Agenda for Sustainable Socio Economic Transformation (Zim-Asset) programme covering just two years. The consu...
THE Reserve Bank of Zimbabwe (RBZ) is considering importing more Point of Sale (POS) machines as part of grand efforts to increase transaction points and arrest the high costs being levied by traders....
The Zimbabwe government will extend the biometric registration exercise that it is carrying out at the National Social Security Authority to the public service to weed out ghost workers, a Cabinet Min...
FINANCE and Economic Development Minister Patrick Chinamasa has opposed the introduction of price controls, telling lawmakers that the matter came up for discussion in Cabinet last week.President Robe...
ZIMBABWE has inched closer to ratifying the World Trade Organisation (WTO) Trade Facilitation Agreement that seeks to foster mutual multi-lateral trade processes among member states.WTO member states ...
Brainworks Capital is working on a facility with the Reserve Bank of Zimbabwe, which will allow Zimbabwean investors to buy shares of the company when it lists on the Johannesburg Stock Exchange, with...
Government has reduced the number of products that require import licences as part of its ongoing efforts to improve Zimbabwe's ease of doing business while at the same time placing imports of school ...
THE Confederation of Zimbabwe Industries (CZI) yesterday urged the central bank to stop excessive money printing through the real time gross settlement (RTGS), saying this was fuelling inflation and d...
INDUSTRIALISTS and retailers were sourcing at least 25 percent of their foreign currency requirements from the black market, a Confederation of Zimbabwe Industries (CZI)-organised breakfast meet heard...
PRESIDENT Robert Mugabe's government has run up a cumulative budget deficit of more than $3 billion since 2014, funded through local borrowings which have fuelled inflation and compounded a foreign cu...
RESERVE Bank of Zimbabwe (RBZ) governor, John Mangudya, has urged local oil expressers to ensure a steady production of soya beans locally as the country was losing millions to the importation of soya...
WORKER representatives have written to the National Social Security Authority (NSSA) demanding information on the entity's investments amid fears that pension funds could be at risk due to mismanageme...
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya yesterday said the US$600 million nostro stabilisation facility from the African Export Import Bank (Afreximbank) will help alleviate foreign curr...
The Reserve Bank of Zimbabwe (RBZ) says there is cheaper funding for smaller and medium sized companies under the financial inclusion strategy aimed at creating a broad-based economy.Speaking to journ...
The government says prices have increased by at least 50% in recent weeks, according to preliminary results from a survey it is conducting.Industry and Commerce permanent secretary, Abigail Shoniwa to...
THE Zimbabwe Congress of Trade Unions (ZCTU) is planning demonstrations to protest against the current economic meltdown, in a bid to pile pressure on government to resuscitate the economy.ZCTU's gene...
THE European Union (EU) has pumped more than $50 million into wildlife conservancies and sugar plantations in Zimbabwe's Lowveld that had been ruined by a chaotic land reform programme.An EU delegatio...