Zimbabweans in South Africa are mobilizing for protests that could disrupt operations at the Beitbridge border post, the country's busiest crossing, in response to concerns about Zimbabwe's disputed A...
National Railways of Zimbabwe (NRZ) is targeting to generate at least US$1 million annually from leasing out some of its properties across the country as part of an initiative to widen its revenue bas...
Varun Beverages Zimbabwe is planning for further capacity expansion, which should see the beverages maker put more production lines in the country, as it seeks to meet growing demand for affordable be...
When crude surges above US$90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take note.After half a year in th...
When Indonesia agreed last year to clean up its energy system with an estimated US$20 billion of help from a coalition of wealthy countries and large financial institutions, world leaders hailed the d...
The cooking oil industry has engaged the Reserve Bank of Zimbabwe (RBZ) to review the weekly allocation of US$500 000 per member at a time when the edible price has more than doubled due to opening up...
Listed cement maker, Lafarge Zimbabwe will soon commission a new vertical roller mill plant at its Manresa complex as it seeks to double its output, CEO Godfrey Ndugwa has said.The launch of the verti...
The government has issued US$112m worth of Treasury Bills to settle debts owed by Hwange Colliery Company (HCCL), Business Times reported.Government is the biggest shareholder in HCCL with a 37% stake...
A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war in Ukraine has left countries dangerously short of fuel supplies, disrupting airlines and ca...
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 equities market closed near flat on Thursday after gains in select heavyweight stocks restricted the losses on the benchmark index to just 0.08%.Trading in the heavyweight was not impressive with ...
Bureaux De Changes will be required to trade only through an online retail foreign currency platform with the trades being fed in real-time to a central monitoring server, according to new rules which...
Lafarge has budgeted US$25 million for its expansion project which will double capacity by year-end 2022. The expansion plan kicked off this morning at a ground-breaking ceremony for a Dry Morta...
The Zimbabwe Consolidated Diamond Company (ZCDC) yesterday said the decision by the United States to issue a withhold release order (WRO) for artisanal rough cut diamonds from Marange was impacting ne...
PRESIDENT Emmerson Mnangagwa yesterday pledged to descend heavily on perpetrators of machete violence, reiterating that deterrent sentences must be imposed on those found in possession of the weapons....
Delta Corporation reported a 40% decline in lager beer volume in the second quarter to September 30, a performance reminiscent of 2016 where volumes were on a free-fall. This comes as pricing issues c...
Tharisa PLC on Tuesday said land on which it has special mining grants in Zimbabwe has been designated a special economic zone.A 50,667-hectare area has been given the designation, miner Tharisa said,...
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 Zimbabwe Energy Regulatory Authority (Zera) said on Saturday that the country's fuel prices remain unchanged for this week, much to the relief of motorists used to weekly price increases. This i...
WORK on the expansion of the Hwange Power Station Stage 7 and 8 expansion is on track with 26 percent ground work having been covered so far, Sunday Business has learnt.The Government contracted Chine...
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...
PRESIDENT Emmerson Mnangagwa yesterday threatened 'troublesome' union leaders reported to be inciting the strike by doctors at public health institutions."Last month we gave them an increment twice, b...
President Emmerson Mnangagwa (pictured) yesterday urged companies and producers to export 20% of their produce to the foreign markets, but retain 80% for local markets.Mnangagwa made the remarks while...
The government will pull a few tricks up its sleeves soon to stabilise the exchange rate as part of a broader task of creating a viable environment for business, Business Times reported.A team of Pres...