Zimbabwe Stock Exchange listed conglomerate, Meikles Limited, says pretax profits for the year ended March 31, 2018 grew by 225 percent to $19,2 million, from $5,9 million during the prior comparable ...
Telecom Egypt has signed a memorandum of understanding with Liquid Telecom to enable the pan-African group to complete Africa's terrestrial fibre network stretching across the African continent, the c...
PRELIMINARY works for the $1,5 billion Hwange Thermal Power Station expansion project have begun with engineers already onsite undertaking geo-technical surveys and site clearance, an official said.La...
THE Zimbabwe Tourism Authority (ZTA) says the peaceful environment prevailing in Zimbabwe should continue beyond the election period to consolidate the positive trajectory being experienced in the tou...
Government says one of the four long-haul planes acquired from Malaysia, the Boeing 777-200ER, has no mechanical problems and was only taken back to Kuala Lumpur for routine maintenance, which is a pr...
Government is realigning operations and organisational structures of Air Zimbabwe and Zimbabwe Airways for both to operate under one board. In an interview, Transport and Infrastructural Development M...
AGRIBANK's net income is improving, an indication of the financial institution's stability as it can meet its operating expenses from interest, a recent survey has revealed.According to the 2017 Zimba...
Zimbabwe's construction industry will only grow by an average of 5% in the next five years due to economic challenges facing the country, BMI Research, a Fitch Group company, has revealed.Speaking at ...
INSURANCE companies are reeling from the mayhem on the country's roads caused by reduced police presence amid revelations of a sharp increase in loss ratios of vehicles being mostly used as illegal ta...
RESIDENTS from the high-density suburb of Emganwini in Bulawayo have turned a 3,5 hectare piece of land into a thriving urban market garden which has begun to transform livelihoods of a number of impo...
ZIMBABWE's exports increased by 1,8 percent last month rising from $267,1 million in May to $384,4 million in the month of June, official trade figures show.The improved month-on-month export performa...
THE Zimbabwe Women''s Microfinance Bank (ZWMB) is in the process of rolling out agent banking facilities as it seeks to improve financial inclusion especially in remote areas, a Cabinet official said....
Finalisation of the National Railways of Zimbabwe (NRZ) US$400 million recapitalisation deal is progressing well, with closure expected in the near future.The Diaspora Infrastructure Development Group...
GOVERNMENT has finalised effecting amendments to the Mines and Minerals Amendment Bill, which will see small scale miners getting recognition at law, as Government steps up efforts to grow the sector ...
Fly Africa is set to lose property over a $17 295 debt owed to a former employee who recently obtained a writ of execution against the airline, following a court order issued by High Court judge Justi...
Delta, the largest company on the ZSE by market capitalisation, last month recorded a 12% decline in annual profit.Anheuser-Busch Inbev (AB InBev) - the world's largest brewer - is yet to receive a to...
POSTAL and Regulatory Authority of Zimbabwe (Potraz) is investigating why state-owned mobile network operator - NetOne - submitted data that does not tally following a compulsory clean up exercise of ...
HOTELING concern Rainbow Tourism Group has completed its US$1 million refurbishment of the 88-room Victoria Falls Rainbow Hotel as it seeks to increase its market share.This follows the refurbishment ...
Telecommunications regulator Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) is supporting local health facilities to access specialist services through its innovative tele-med...
Beverages giant, Delta Corporation Limited has said foreign currency shortages continue to have a knock on effect on its business especially packaging material, although earnings were positive in the ...
DELTA Corporation Limited has reported a 40% increase in revenue as a result of an upsurge in all its beverage categories which was driven by higher consumer demand during the first quarter of the yea...
High Court judge Justice Tawanda Chitapi has issued a court order, authorising the Sheriff or his Deputy to impound Air Namibia's planes and attach office equipment at Joina City in Harare, pending an...
A High Court judge has acquitted Zesa Holdings on charges of violating a 2012 agreement to adjust the salaries of its employees in a move which could result in the power utility company saving over $1...
ECOBANK Transnational Incorporated says it will provide a platform for the local bank to access global finance, as it seeks to stay in Zimbabwe for the long haul.Ecobank group chief executive officer ...
THE Rainbow Tourism Group (RTG) has refuted claims on social media that a fire that broke out at the Rainbow Towers Hotel in Harare on Wednesday engulfed a huge portion of the hotel as it only covered...