The Zimbabwe government has abandoned its plan to access a debt relief facility under the Highly Indebted Poor Countries (HIPC) initiative, meant to resolve its unsustainable debt, Business Times repo...
A rising bout of inflation is posing a severe threat to Zimbabwe's industries amid growing fears most companies will struggle to restock, which could potentially trigger a significant reduction in pro...
The Zimbabwe National Water Authority (ZINWA) has said the country's dams have sufficient water to meet the winter cropping irrigation needs.ZINWA spokesperson, Marjorie Munyonga told Business Times t...
Pursuant to the proposal to transfer the ZSE Secondary Listing of Seed Co International Limited from the ZSE to the soon to be established VFEX, a proposal to merge the Zimbabwean operations, held und...
The stock market made a marginal swing back to negative territory weighed down by losses in Simbisa and Innscor although the market breadth was positive, as stocks remain a safe haven in this crisis p...
Zimbabwe's annual inflation rose in March to 676.39% with expectations that it might touch the 1000% level within two months as supply chain disruptions and shortages are expected to lead to prolonged...
The Reserve Bank of Zimbabwe has suspended the 30-day liquidation requirement on un-utilized foreign currency balances for exporters to support its use of free-funds policy. Last week the RBZ announce...
The stock market fell further on Tuesday as the market breadth turned negative. Foreign participation remained insignificant and local liquidity remained restricted with turnover closing at $17.9m whi...
Zimstat has resumed the publication of annual inflation data following the lapsing of a twelve-month suspension. The year on year inflation measured by all items CPI came in at 540.16% from 59.39% of ...
The Securities and Exchange Commission of Zimbabwe says it will undertake an audit of all transaction inflows on dual listed shares that were consummated with effect from June 1, 2019. This comes amid...
The ZRP Commissioner General Godwin Matanga has accused the International Criminal Police Organisation (Interpol) of frustrating their efforts to extradite people facing criminal charges in the countr...
SUBDUED power generation at Hwange Power Station is contributing to prolonged load shedding as only four units out of six are operating, general manager for the plant, Engineer Arnold Chivurayise, has...
The spectre of sustained high inflation remains a real threat after Zimbabwe's annual broad money grew 81 percent to $17 billion in the 12 months to July 2019 driven by growth in foreign currency acco...
PRESIDENT Emmerson Mnangagwa has kept to his word and resisted the temptation to take revenge on former first lady Grace Mugabe who terrorised him in 2017 and also humiliated him last month after her ...
GOVERNMENT has engaged Embraer over delays in releasing crucial operating manuals for its Embraer ERJ145, six months after taking delivery of the aircraft from the manufacturer, the Zimbabwe Independe...
Latest statistics from Zimstat show that country's monthly inflation rate was at 17.72% shedding 0.35 percentage points on the August rate of 18.07% as Government continues to target a monthly inflati...
Government through the National Trade Policy and Export Strategy blueprint is targeting to grow Zimbabwe's export by 10% annually to US$6.4 billion in 2023 and ultimately to US$12.4 billion by 2030 fr...
HIGHLANDERS chairperson Kenneth Mhlophe has praised United Kingdom-based radio personality Ezra "Tshisa" Sibanda for his crowd-funding efforts to help the Bulawayo giants. While the Daily News could n...
INFORMATION Communication Technology (ICT) ministry has facilitated attendance of a high-tech India Mobile Congress (IMC) 2019 to tap into the Asian giant's technological advances and lure investors i...
The High Court has ordered Gwanda-based mining concern, Imani Mine, to cease operations with immediate effect after failing to follow proper mining procedures.The order was issued by Justice Jester He...
FINANCE minister Mthuli Ncube has been dragged to the High Court by National Social Security Authority (Nssa) employees who, in conjunction with members of the Zimbabwe Pension and Insurance Rights Tr...
PRESIDENT Emmerson Mnangagwa this week moved to rein in Transport minister Joel Biggie Matiza over his bid to scuttle the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation project by...
A RECENT report in the Daily News on the deliberations of and the goings-on within the Presidential Advisory Committee (PAC) caused President Emmerson Mnangagwa, pictured, to blow his gasket in a deve...
UNITED Family International Church (UFIC) leader Emmanuel Makandiwa has embarked on a series of prayer sessions for three days each week for an indefinite period. The sessions, to be held countrywide ...
Simbisa Brands invested ZWL$18.4 million in the year ended June 30, 19 on expansion and maintenance of its existing counters to a best-in-class standard as it forges ahead to consolidate its share of ...