President Robert Mugabe's government failed to repay $1.8 billion to the International Monetary Fund, the World Bank and African Development Bank, Bulawayo24.com reported.The country had set its own d...
By Thobekile Zhou | Published: 14 July 2016
Finance and Economic Development Minister Patrick Chinamasa has said clearance of the country's debt arrears to its multi-lateral creditors without fresh funding will leave Zimbabwe in a worse off eco...
By Business Reporter | Published: 13 July 2016
Last week's nationwide stayaway has sent negative messages to foreign investors that are likely to militate against government's efforts to lure foreign direct investment, analysts have said.On Wednes...
By Staff reporter | Published: 12 July 2016
THE Australia-Zimbabwe Business Council (AZBC) was launched on February 23 in Wollongong, Sydney, Australia, to strengthen bilateral trade and foster business relations and investment between the two ...
By Staff reporter | Published: 24 June 2015
Zimbabwe mining companies say they are not evading taxes but distribute their earnings legitimately among various stakeholders in line with the country's laws.Isaac Kwesu, the Zimbabwe Chamber of Mine...
By Staff reporter | Published: 24 June 2015
There is renewed interest by investors in the chrome sector following the lifting of a ban on unprocessed ore exports, a cabinet minister has said.Government two weeks ago reversed a four-year chrome ...
By New Ziana | Published: 24 June 2015
The cash-strapped Zimbabwe government is battling to pay salaries on time to diplomatic staff deployed to its 43 embassies across the world, a senior official said Tuesday.Willard Manungo, secretary f...
By AFP | Published: 23 June 2015
Automotive batteries filled with cement or broken glass and palm oil disguised as soya-bean oil are some of the shoddy imports making their way through the country's porous borders, in contravention o...
By Tawanda Musarurwa | Published: 23 June 2015
The Reserve Bank of Zimbabwe says the banking sector's capitalisation though largely in compliance with minimum capital requirements, remains under threat from losses being recorded by a few banking i...
By Staff reporter | Published: 23 June 2015
ZIMBABWE carries an estimated $4 billion private sector debt it needs to validate and service in order to open fresh lines of credit.This indication comes against sentiment that part of the reason Zim...
By Golden Sibanda | Published: 23 June 2015
Air Zimbabwe has today re-launched its Harare-Lusaka route which was discontinued in 2011 due to low passenger traffic. The airline will now be flying between Harare and Lusaka three times a week - o...
By Walter Muchinguri | Published: 22 June 2015
Ten mergers have been approved so far by the Competition and Tariff Commission (CTC) amid indications that more local companies would seek foreign partners to strengthen balance sheets.CTC assistant d...
By Staff reporter | Published: 22 June 2015
Minister of Finance Patrick Chinamasa told junior parliamentarians that the government was implementing measures to increase gold production in the country. Chinamasa noted that government had recentl...
By Staff reporter | Published: 22 June 2015
Zimbabwe is considering scrapping travellers' rebates on basic commodities to boost local industry, Finance minister Patrick Chinamasa said on Thursday.Chinamasa told delegates attending the Buy Zimba...
By Staff reporter | Published: 22 June 2015
After shunning Zimbabwe during its years of hyper-inflation and political strife, foreign investors are finding the country increasingly attractive following the lifting of European Union (EU) e...
By Staff reporter | Published: 22 June 2015
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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...
By Staff reporter | Published: 22 June 2015
The Zimbabwe National Roads Administration (Zinara) has launched a prepaid tolling card for the motoring public's "convenience and especially those in the logistics sector to have total control, and o...
By Staff reporter | Published: 22 June 2015
The Zimbabwe Association of Dairy Farmers (ZADF) says 85 percent of milk consumed by citizens is imported, a situation that has forced government to come up with a policy to stop milk imports in three...
By Staff reporter | Published: 22 June 2015
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...
By Staff reporter | Published: 22 June 2015
Zimbabwe miners and other economic stakeholders have hailed government's move to immediately lift a ban on the export of the mineral as it will enable them to raise funds to increase smelting capacity...
By Staff reporter | Published: 22 June 2015
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...
By Staff reporter | Published: 22 June 2015
Zimbabwe's financial services now prefer lending to individuals in favour of risky corporate borrowers, the African Development Bank (AfDB) has said.In its March 2015 Monthly Report on Zimbabwe, the r...
By Staff reporter | Published: 22 June 2015
Zimbabwe's total gold deliveries surged by nearly 50 percent to 1 546,16 kilogrammes (kg) in March 2015, from 1 040,49 kg recorded in March 2014, figures from the African Development Bank (AfDB) revea...
By Staff reporter | Published: 22 June 2015
Sugar producer, Tongaat Hulett Zimbabwe (Tongaat), says its domestic market sales for the year to March 2015 surged 109 percent to 309 000 tonnes from 148 000 tonnes in 2014 due to the introduction o...
By Staff reporter | Published: 22 June 2015
Zimbabwe must stop mortgaging minerals to secure loans but must negotiate deals more shrewdly to preserve future generations from bad decisions, a renowned Ghanaian economist said.Douglas Boateng, Afr...
By Staff reporter | Published: 21 June 2015
Zimbabwe miss $1.8 billion repayment deadline 
South Africa 'must get out of ICC' 
Theresa May's first cabinet: Who's who 
Industrials sinks further into the red 
Zimbabwe inflation drops again 
Dewei purchases PG for R500,000 
Zesa CEO's contract expires 
Zesa CEO's contract expires 
