HARARE businessman Adam Molai and his Housing Corporation Zimbabwe (HCZ) company are suing Zimbabwe Anti-Corruption Commission (ZACC) investigations boss Goodson Nguni for $200 000 for defamation.In a...
DELTA Corporation's sparkling beverages market share could decline during the current reporting season following the coming on stream of a Pepsi plant early this year, an analysis on the company's out...
TOP South African businessman and one of the region's foremost economic commentators, Kevin Wakeford, will be the guest of honour at this year's prestigious Top Companies Survey function to be held in...
THE High Court has quashed the results of a November 2015 extra-ordinary general meeting (EGM) at CFI Holdings Limited (CFI) and a subsequent one late last year to discuss, among other things, the rev...
A KEY shareholder in the Zimbabwe Stock Exchange-listed coal mining giant Hwange Colliery Company Limited has raised the red flag over its multimillion-dollar coal gasification project, amid claims th...
INDUSTRIALISTS and retailers are sourcing at least 60 percent of their foreign currency requirements from the black market, the Confederation of Zimbabwe Retailers (CZR) has revealed.In the face of th...
HWANGE Colliery Company Limited (HCCL) shareholders toyed with the idea of cutting 1 300 jobs to save the company two years ago, a report has said.Minutes of two-day meetings of major shareholders hel...
ZIMBABWE'S foreign payments backlog has risen to over $600 million from $570 million in September last year, central bank governor John Mangudya has said.The governor dismissed assertions from pockets...
AUTO Tyres Zimbabwe has retrenched its entire staff after efforts to recapitalise the company, which stopped operations in 2016, failed, The Financial Gazette reported.A notice seen by The Financial G...
PEGGING the greenback to Real Time Gross Settlement (RTGS) balances and bond notes on a one-to-one basis does not reflect the true value of the US dollar, the Confederation of Zimbabwe Industries (CZI...
THE International Labour Organisation (ILO) has pledged to fund the Zimbabwean Tripartite Negotiation Forum (TNF) in a bid to strengthen social dialogue in the country.ILO country director Hopalong Ph...
THE Confederation of Zimbabwe Industries (CZI) will hold its 2018 Congress and International Investment Forum from September 26-28 in Bulawayo.The congress, which runs under the theme From Dialogue to...
Bitcoin was trading locally at a premium to prices obtaining on cryptocurrency exchanges outside of Zimbabwe.Bitcoin was trading locally at a premium to prices obtaining on cryptocurrency exchanges ou...
COMPETITION in Zimbabwe's beverages sector is set to intensify this year after the opening of Varun Beverages' Pepsi bottling plant in Harare.IH Securities said the beverages spaces, which is dominate...
LONDON Stock Exchange-listed resources firm, Caledonia Mining Corporation (Caledonia), says its cash from operating activities surged by 296 percent to $7 million in the first quarter from $1,77 milli...
Teachers will be taking to the streets on Friday to protest against government's offer of increasing their salaries by 15 percent, saying the effort fell far too short of their expectations.Government...
THE Cold Storage Company (CSC) recapitalisation deal is expected to be finalised early next month, Lands, Agriculture and Rural Resettlement deputy minister, Davis Marapira has said.Marapira told News...
THE Progressive Agriculture and Allied Industries Workers' Union of Zimbabwe (Paawuz) has asked the government to increase the minimum wage for farm workers by at least 100% to $150 per month, saying ...
DESPITE a chicken import ban, data from the South African Revenue Services shows that over 1 000 tonnes of frozen chicken and offals were exported by that country to Zimbabwe from 2017.The Livestock,...
ZIMBABWE should maintain the positive momentum that it has started in improving its image, as well as addressing the cash crisis, a senior official has said.In an interview, Victoria Falls Safar...
An epic battle for the Goromonzi West parliamentary seat is looming between President Emmerson Mnangagwa's self-proclaimed apologist Energy Mutodi and MDC-T presidential spokesperson Luke Tamborinyoka...
Britain has been forced to come clean on allegations that it is backing President Mnangagwa's administration to win the forthcoming elections a week after MDC Alliance leader Nelson Chamisa had broken...
A BID by three human rights and opposition activists to challenge President Emmerson Mnangagwa's right to hold office has reportedly hit a brickwall after their Constitutional Court application was cl...
MOTORISTS in Chinhoyi have accused top Zanu-PF officials of jumping fuel queues to fill up their vehicles at the few service stations operating in the town.Clifford Mutopa, one of the affected motoris...
An Austrian company that won the tender for the dualisation of the Beitbridge-Harare-Chirundu Highway, Geiger International, has up to tomorrow to deliver proof of funds for the project, failure of wh...