The new Land Rover Discovery Sport, the world's most versatile and capable premium compact sport utility vehicles (SUV), is now available in Zimbabwe following its launch in the country on Wednesday.N...
Zimbabwe will craft a "debt repayment plan" to address the country's over $10 billion debt overhang by August, the African Development Bank (AfDB) to Zimbabwe representative said.Mateus Magala, the Af...
The Zimbabwe National Roads Administration (ZINARA) has dangled the idea of a corridor master development plan (CMDP) towards the dualisation of the Beitbridge-Chirundu road, which emphasises the upgr...
Hard - hit Zimbabwe government collected a total of $1,65 million from value added tax (VAT) on non-resident tourist accommodation in the four months to April this year, a top official has revealed.Wi...
Finance minister Patrick Chinamasa says Zimbabwe's presumptive tax was in line with international trends and blamed small-to-medium enterprises (SMEs) for evading taxes."The issue of presumptive tax h...
The European Union (EU) says Zimbabwe is yet to qualify for budgetary support, but the economic trading bloc will continue to channel aid through multinational organisations, EU Ambassador Philippe Va...
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has rallied Zimbabweans to "live their vision and mission on empowerment, and beneficiation" if the country's economic turnaround is to be achieve...
Zimbabwe's cash-strapped parastatals and town councils are currently saddled with unsecured debts amounting to $2,2 billion owed to various service providers, Finance ministry's permanent secretary Wi...
Prospective South African investors have expressed concern over bureaucracy and inefficiencies in the Zimbabwean business environment.Confederation of Zimbabwe Industries (CZI) president Charles Msipa...
South African companies have invested over $1,2 billion in Zimbabwe between 2003 and 2013 creating over 2 485 employment opportunities in the country, latest figures show.Jacob Zuma, South Africa's Pr...
A Zimbabwean business delegation is today expected to meet with counterparts from South Africa at a forum to be held in Pretoria to explore trade and investment opportunities.The delegation is part of...
Zimbabwean companies are losing over $100 million annually in wages and productivity through mental health or stress related absence from work, a latest survey has shown.Industrial Psychology Consulta...
Zimbabwe is planning to list its struggling parastatals on the stock exchange in an effort to raise capital and unlock value, Finance minister Patrick Chinamasa has said.Chinamasa said parastatals wer...
Late South Africa's first black President Nelson Mandela's widow Graca Machel was in Zimbabwe last week to launch the Network of African Business Women (NABW).She said Zimbabwean women must participat...
Zimbabwe is engaging Germany to settle a $739 million debt owed to the European country, a move meant to thaw frosty relations and pave way for Foreign Direct Investment (FDI).Finance minister Patrick...
Foreign Direct Investment (FDI) in Zimbabwe declined from $400 million in 2013 to $372,6 million last year, as investors continue to shun the country amid a worsening economic crisis.According to the ...
Broke Zimbabwe government is making paltry ‘token' payments of $150 000 monthly to the International Monetary Fund (IMF) to clear its $124 million debt, Finance minister Patrick Chinamasa has said.Z...
Finance minister Patrick Chinamasa says Zimbabwe has come up with a strategy to settle its nearly $10 billion debt, with multilateral lenders being paid first as they are owed the most.The Treasury bo...
The International Monetary Fund (IMF) says Zimbabwe must first clear its more than $150 million debt to the Bretton Woods institution before the country can access any new loans.Domenico Fanizza, the ...
The Reserve Bank of Zimbabwe's $20 million demonetisation programme is aimed at "liquidating all Zimbabwe dollar balances" as at December 2008 and "not compensating speculators' inflationary gains".Th...
Zambia has guaranteed a total $250 million loans jointly accessed with Zimbabwe - through the Zambezi River Authority (ZRA) - from international financiers, targeted at funding refurbishment of Kariba...
Finance minister Patrick Chinamasa says the European Investment Bank (EIB) should set up office in Zimbabwe, a move he believes is a sign of confidence as the two work towards normalising relations.He...
Zimbabwe and the European Union (EU) yesterday signed a $270 million financing deal for the National Indicative Programme (Nip), targeted at supporting socio-economic projects in the country over the ...
The Zimbabwe National Roads Administration (Zinara) is amenable to the idea of partnering other funding organisations in the development of key soft and hard infrastructure at border points, including...
A nineteen-member delegation of British private investors - led by Invest Africa - is expected in Zimbabwe today to explore investment opportunities in the country.The visit is on the back of a ...