A STORM is brewing in Manicaland province as new cracks emerge in Zanu-PF over the Mike Madiro leadership, with party members accusing him of stuffing the provincial executive with his close allies wh...
The Zimbabwe Stock Exchange's market capitalisation went down to $8.96 billion on Friday from $9.14 billion the previous day. A total of 1,864,806 shares were traded with a turnover of $1.045 million ...
Mobile telecommunications giant, NetOne, is recruiting over 1 000 brand ambassadors nationwide to market its mobile money platform, OneMoney.The recruitment exercise has been completed in Harare and B...
FINANCE deputy minister Terrence Mukupe has said banks have the right to refuse opening accounts for new clients as they are private enterprises.Responding to MDC-T legislator Bacilli Majaya in the Na...
CUSTOMS clearing agents and transporters have called on the Government to dump the existing Automated System for Customs Data (Asycuda World plus) which is delaying the movement of commercial cargo at...
THE Tobacco Industry and Marketing Board (TIMB) says opening of the 2018 selling season is likely to delay due to the late onset of the rains as most of the crop is still in the fields.Under normal ci...
The Zimbabwe Defence Industries (ZDI) is set to be resuscitated through strategic partnerships with universities and colleges to provide cutting edge military solutions, Zimbabwe Defence Forces (ZDF) ...
Zimbabwe is planning to resume auction of diamonds next month, having suspended sales in February last year following the merger in 2016 of companies previously operating in the Chiadzwa area of Maran...
THE ZB Financial Holdings (ZBFH) group is headed for a split amid indications that one of its major shareholder, Nicholas Vingirai wants out.Vingirai, who through his Transnational Holdings Limited (T...
A new year has dawned and I think all Zimbabweans suffered over this past festive season from a hangover caused by the unscheduled departure of Robert Mugabe from the presidency.Former president Rober...
OPPOSITION MDC-T leader Morgan Tsvangirai's (pictured) announcement that he is considering retiring from politics has escalated succession fights in the party with officials warning of implosion.Insid...
IMMIGRATION department employees have written to Home Affairs minister Obert Mpofu and parliament asking them to urgently investigate allegations of rampant corruption, nepotism and abuse of state ass...
THE Ministry of Transport and Infrastructural Development plans to buy three Embraer ERJ145 aircraft for Air Zimbabwe at a cost of US$6 million and lease two other similar aircraft which will ply rout...
EMPLOYERS are scheduled to meet Labour minister Petronella Kagonye today to discuss issues which include the amendment of the Labour Act as well as map the way forward for the year, businessdigest has...
ZIMBABWE requires at least US$26 billion over a period of 10 years to address a gap in infrastructural development and become competitive for investment, the Infrastructure Development Bank of Zimbabw...
Government has committed itself to take up TelOne's legacy debt under a debt warehousing initiative as the money owed continues to weigh on the company's operations.Cabinet in July approved the assump...
THE Ministry of Higher and Tertiary Education intends to resuscitate a key fuel plant at Feruka as well as develop a solar energy project as part of its 100-day work plan, among other key policy progr...
THE Confederation of Zimbabwe Industries (CZI) is lobbying government to lower power tariffs which it cites as one of the factors triggering recent commodity price increases.This comes amid a proposal...
The Minister of Lands, Agriculture and Rural Resettlement, Chief Air Marshal (Retired) Perence Shiri, has moved in to stop land fights in Manicaland and warned that the final authority to change owner...
Zimbabwe's tourism industry is set for a rebound as arrivals mainly from traditional markets are expected to hit the three million mark by 2020, a development that will see over 300 000 jobs being cre...
Regional seed producer, Seed Co is awaiting exchange control approval to proceed with plans to list the group's external business, aimed at raising funding to finance growth, chief executive Morgan Nz...
Roofing and piping products manufacturer, Turnall Holdings, has approached the RBZ seeking a $10 million bailout package it requires to retire toxic debt. Turnall is saddled by a $15 million debt, whi...
The trading session which was marked by 61 trades saw a turnover of $1.04 million being realised from the trade of 2,990,406 shares. Market capitalisation closed at $9.14 billion with foreign buyers d...
Former NetOne Chief Executive Officer Reward Kangai appeared before Harare magistrate Rumbidzai Mugwagwa facing 20 counts of criminal abuse of office and has been granted US$800 bail.Kangai appeared b...
The Reserve Bank of Zimbabwe Governor Dr John Mangudya is in the coming few weeks expected to present the eagerly anticipated 2018 Monetary Policy Statement amid a persistent cash crisis coupled with ...