ZIMBABWE is losing about US$400 million annually through importing steel and related products since the collapse of Zisco in the last decade, Industry and Commerce Minister, Mangaliso Ndlovu, has said...
THE Registrar-General (RG)'s Office has been incurring huge costs for unfinished district registry office projects, whose prices have since doubled or trebled due to late implementation.This was revea...
Some players in the garment-making sector are allegedly skimming the Government of billions of dollars in potential tax revenue and suffocating downstream textile industries by abusing a special cloth...
CHIEFS in the Midlands and Matabeleland regions have called on President Emmerson Mnangagwa to urgently address the rising cost of living, including sharp increases in food insecurity.Mnangagwa met ch...
ARISTON Holdings Limited (AHL) says Cyclone Idai damaged the company's plantations in the Eastern Highlands, with early indications suggesting that the damage could be worth US$1,5 million."In March 2...
DEFUNCT steel manufacturer, Ziscosteel, is set to get a new board of directors after Government retired the entire old board that had been in office for more than a decade. Industry and Commerce Minis...
ZIMBABWE stands to lose at least 5% of its yearly exports to the United Kingdom in the case of Britain leaving the European Union without a deal, a new United Nations agency report has shown.According...
A NEW wave of price increases has seen hard-pressed Zimbabweans grappling with counting the cost of dying.Funeral insurance companies, hit by a failing local currency, have joined the bandwagon by inc...
ZB Financial Holdings Limited (ZBFH) is making pricing adjustments for its Plumtree housing project due to cost escalations, chief executive Ron Mutandagayi has said."The cost escalations have caused ...
THE government lost millions of dollars through delayed revenue inflows due to the slow processing of imports and exports after the switching off internet services countrywide.Government threw the cou...
DIVERSIFIED telecommunications firm, TelOne, has lost over US$3 million in the 10 months to October this year due to vandalism of network infrastructure.Of the US$3 million, US$2, 2 million was in los...
THE month-on-month cost of living increased by 4,6 percent to $697,76 last month from $666,93 in October on the back of negative macro-economic pressures characterised among others by financial market...
ZIMBABWE's infrastructure sharing model has yielded up to 35 percent drop in the cost of investment in the information and telecommunications sector, which will largely benefit ordinary consumers and ...
The unwelcome subject of another unity government keeps being foisted on Zimbabweans by the distractive opposition MDC-Alliance of Nelson Chamisa. It makes no difference that they want to disgui...
Reserve Bank of Zimbabwe Deputy Governor Dr Kupukile Mlambo last week commissioned 68 of 329 low-cost houses that were built by Homelink Finance in Brockdale, Bindura, for low-income earners. Dr Mlamb...
NEGLIGENCE by doctors at Parirenyatwa Group of Hospitals which resulted in a patient suffering a bile leak has proved costly after the High Court ordered the public institution to pay damages amountin...
The Zimbabwe National Road Administration (Zinara) has suffered a financial loss in excess of US$200 million due to incompetence and lack of expertise by its senior managers to negotiate contracts ben...
The cost of Ammonium Nitrate (AN) fertiliser, which is largely on the upper side in the country mainly due to high costs of the major component, ammonia, is set to come down once coal - bed methane ga...
ZIMPLATS, the country's largest platinum miner, says its profits declined by 94 percent in the year to June 2018 after the company changed its status from a special mining lease (SML) holder to mining...
Zimbabwe's low cost bank accounts have grown by 143 percent to 3,16 million in the first quarter of 2018, according to figures from the Reserve Bank of Zimbabwe (RBZ). The figure represents 57 percent...
THE change in the indigenisation laws and the ongoing ease of doing business reforms should be complemented with a deliberate review of taxes and utility costs, which continue to frustrate domestic pr...
REPORTS that independent biometric voter registration (BVR) and data science experts analysing the voters' roll have unearthed a suspected loophole that could have a negative effect on the credibility...
The cost of mobile and internet-based financial services is set for a significant drop after Government directed that the charge for Unstructured Supplementary Service Data (USSD), the technology plat...
Mobile data tariffs in Zimbabwe have fallen from 12.5 cents to 5 cents per MB, with the internet expected to play a key role ahead of harmonised elections slated for July 30 this year.The Posts and Te...
PARLIAMENT has recommended that the country's rail system should be repaired to enable transportation of coal supplies to companies such as Ziscosteel.This came out in a report on Ziscosteel which was...