Zimbabwe's failure to qualify for the World Cup that ended with a defeat to Guinea has cost them 13 places on the FIFA world rankings.The Warriors have slumped to number 114 - their second worst rank...
Kaizer Chiefs have confirmed that the club have re-signed Knowledge Musona from Hoffenheim on a one-year loan.Speaking to the club's official website, Musona said: "There's nothing much to say - Kaiz...
LONG-time Highlanders benefactor Tshinga Dube has pledged to assist the club to acquire new players during the current Premier Soccer League transfer window.The league leaders face off against Caps U...
Industrials ended the first week of the second half of the year in the positive territory as heavyweights continued to recover albeit in thin volumes.The Industrials Index gained 1.62 points or 0.76%...
Government is mulling going it alone on Diamond mining and production as it says the country is well-equipped to start diamond mining operations through local consortia without foreign partnership t...
THE value of shares traded on the Zimbabwe Stock Exchange in June (2013) plunged 35 percent to US$25,6 million compared to shares traded the prior month.Analysts contend investors have started taking...
The government has taken swift action to block the seizure of its assets in South Africa under various court rulings by conferring diplomatic immunity. It has conferred diplomatic immunity on three Ca...
Finance minister Tendai Biti is on the verge of gazetting a statutory instrument which will, among other things, seek to demonetise (to withdraw a currency from further use) the Zimbabwe dollar. Sour...
Government is mulling listing its interest housed under state mining vehicle Zimbabwe Mining Development Corporation on the ZSE as part of a broad-based empowerment initiative expected to see shareh...
Air Zimbabwe recently slashed fares for its regional and domestic routes, raising questions about the viability of the move at a time when the airline is struggling to avoid collapse. The current pri...
Delta Beverages investment of over $6.5 million in its Chitungwiza-based Chibuku Super plant has paid off, the units general manager Mark Mudimbu has said. "The investment has paid off because of th...
NMB Bank says an impending industrial action by its non-managerial workers is unprocedural. "The intended job action is illegal and unnecessary. I don't believe our staff will embark on the collecti...
The 2013 tobacco marketing season for flue-cured tobacco ends today with the country on course to meet the projected 170 million kilogrammes (kg) of tobacco. Figures availed by the Tobacco Industry ...
The African Development Bank says project implementation of investment projects since 2008 has been a paltry 6.9%. During 2008-2011, actual investments in the country amounted to $709.5 million out ...
Government plans to reduce its outstanding arrears towards parastatals as well as complete the validation process between line ministries and service providers as part of reforms under the Internation...
Zimbabwe's trade deficit for the four months to April widened to $1.6 billion after the country imported goods worth $2.62 billion against exports of $1.02 billion. According to statistics released by...
Cement manufacturer Sino-Zimbabwe Cement Company has commenced the first phase of upgrading and refurbishing its Gweru factory. According to the company, this phase, which is being undertaken on the ...
ZIMBABWE is lining up new airline deals amid revelations that scores of airlines are rushing to get licences from the Civil Aviation Authority of Zimbabwe to fly into the country.In a recent intervie...
MINING lobby group, the Zimbabwe Indigenous Miners Empowerment Association, has requested Government to order Falcon Gold Zimbabwe to release its unused gold mining claims to them.In a letter to Mine...
GIANT shoe company, Bata, has adjusted its working calendar by splitting the annual shutdown into two phases as a way of mitigating the challenges posed by the prevailing economic environment. In an ...
ZSE's Industrials managed gains for the second consecutive day amid notable buying in selected counters but overall volumes remained low.The Industrials Index gained 2.27 or 1.07% to 213.47 points o...
DID you know that in terms of the 13thSchedule and 33rdSchedule of the Income Tax Act, director's fees are taxable as employment income or business income depending on the relationship between the pa...
BARCLAYS Bank (Zimbabwe) has reiterated that it would maintain its cautious lending regime, as default rates in the sector continued to increase.Giving a trade update as the bank's Annual General mee...
AGRO-INDUSTRIAL conglomerate, CFI Holdings Limited, is on the verge of concluding a deal for the purchase of a 50 percent shareholding in poultry producer Suncrest by Meat Team, a global meat compan...
Manchester United have named Ryan Giggs as player-coach with Phil Neville set to become their new first-team coach.Giggs, who is 40 in November, and ex-United player Neville, 36, are the latest...