Bangkok - Chelsea boss Jose Mourinho admitted he admires Wayne Rooney "very, very much" Friday but stopped short of saying he hoped to sign the unsettled Manchester United star.Mourinho was speaking ...
Washington -Tablet prices are plunging amid a flood of new devices and cutthroat competition for market share.Amazon has slashed prices of its Kindle HD tablets to as low as $169 (R1 673) in the US a...
Mineral earnings from Zimbabwe are projected to rise 12-fold to $24 billion by 2018, from $2.6 billion last year, a study of the industry has shown, pointing out that fiscal revenue would equally get...
The Industrial Development Corporation is courting suitors for cash to recapitalise its ailing subsidiaries, with officials indicating they were looking for about $140 million. IDC controls more than...
Joseph Kanyekanye's resignation as chairman of the boards of Capital Bank and RTG could be a microcosm of intense board wrangles rattling both institutions in which NSSA is a controlling shareholder....
NSSA has completed the reconstitution of its board members seconded to chair three of its subsidiaries following a resolution by the State-owned entity to push for the appointment of independent dire...
Chengetedzai Depository Company, a local business company that won the tender to run the country's first ever Central Securities Depository in 2010, will be running the platform by September this yea...
LONDON - Royal Dutch Shell has named head of refining Ben van Beurden to replace chief executive Peter Voser, a surprise appointment to steer Europe's biggest oil firm through an industry-wide battle...
Labour unrest continues to rock NMB Bank Limited (NMB) with non-managerial staff giving the financial institution a fresh ultimatum after a botched strike attempt.The Zimbabwe Banks and Allied Worke...
The Tourism and Hospitality ministry has extended its begging bowl to the corporate sector seeking nearly $2 million from local companies to fund the forthcoming United Nations World Tourism Organisa...
The High Court has ordered the sale of stationery retailer Kingstons Limited's commercial stands in a bid to recover $300 000 owed to ZB Bank. According to a public notice last Friday, a local proper...
Powerful Communications, a telecoms unit of State-owned power utility Zesa Holdings, could be close to securing $100 million vendor financing from China Eximbank as the firm embarks on a network exp...
CIMAS Medical Aid Society is set to increase contribution rates, as the claims-loss ratio continues to widen far above international levels.Group chairman Steve Kuipa in a 2012 annual report, said th...
Investors continued to buy into selected stocks on Tuesday with notable interest in counters BAT, Delta and Innscor helping the mainstream Industrials to rise for the 5th straight session while Minin...
PELHAMS Limited posted a $1,7 million loss for the year ended March 31, 2013 compared to a profit of $1,5 million for the same period last year due to liquidity challenges.In a statement accompanying...
CBZ Bank has been awarded the financial institutions award (gold category 2013) in recognition of its exceptional contribution to the work of the African Export Import Bank (Afreximbank).The award, e...
Zimbabwe has been re-admitted into the African Trade Insurance Agency (ATI) in a development expected to increase foreign investor confidence.The re-admission of Zimbabwe into the continental trade an...
Zanu-PF's thrust is to ensure Zimbabweans assume 100 percent control of the country's natural resources and bring about sustainable national development which is home grown, the party's First Secretar...
Prime Minister Morgan Tsvangirai, launching his third campaign to unseat veteran President Robert Mugabe, said nothing had been achieved to ensure a fairer vote but even God now wanted Mugabe to go.T...
ZIMBABWE has agreed to make monthly and quarterly payments to three international financial institutions as it begins a journey to resolve its US$10,7 billion external debt.The commitment is containe...
ZIMBABWE'S international reserves are low at less than a month of import cover, far below the benchmark required for dollarised economies, leaving the country susceptible to external shocks, a World ...
Industrials continued to recover on Monday buoyed by gains in blue chips Econet and Innscor while Minings weakened further on losses in Hwange.The Industrials Index gained 1.12 points or 0.52% to 216....
THE government is set to restructure the Reserve Bank of Zimbabwe (RBZ)'s balance sheet by end of September as part of plans to improve the stability of the financial sector.In a letter of intent co-...
Zimbabwean import costs from South Africa (SA) - its biggest trading partner - are expected to sharply increase, as a result of incessant fuel price hikes in that country, economic analysts say.Eric ...
DUNLOP Zimbabwe has introduced a new brand of tyres from Netherlands amid revelations that Apollo Vredenstein which owns a majority stake in the company has purchased six new presses for the producti...