Zimbabwe diamonds company fires 7 managers
The Zimbabwe Consolidated Diamond Company (ZCDC) board of directors has fired seven senior officials as it seeks to rebuild public and market confidence following...
Diamond company boss granted $2 000 bail
Zimbabwe Consolidated Diamond Company (ZCDC) chief executive officer Morris Mpofu appeared before a Harare magistrate yesterday, facing criminal abuse of office charges after he...
Mzi Khumalo’s company sues Zimbabwe for failing to pay for gold
Metallon Corporation ("Metallon") the leading gold mining company in Zimbabwe, has served legal notice to the Reserve Bank of Zimbabwe (RBZ) and Fidelity Printers...
Zimbabwe Consolidated Diamond Company fires management
The Zimbabwe Consolidated Diamond Company (ZCDC) board of directors has fired seven senior officials as it seeks to rebuild public and market confidence following...
Finance and Economic Development Minister beams light on economy
Measures contained in the Transitional Stabilisation Programme (TSP) and 2019 National Budget have seen Government revenue collections surpassing targets by 8,2 percent, Finance and...
Foreign investors threaten ZSE pullout
The inability by foreign investors to repatriate capital and disinvestment proceeds from the country is hampering the performance of the Zimbabwe Stock Exchange, amid...
China in $1.8bn electricity deal with Ethiopia
Work to resolve a crippling power shortage on East and Central Africa’s only electric standard gauge railway may soon start in earnest following the...
Businessman faces $50 000 lawsuit
Mutare Garment Manufacturing owner and managing director Job Torindo is facing a $50 000 lawsuit filed by his United Kingdom-based brother Sham, who is...
Passports production resumes in Zimbabwe
The production of passports has resumed following a system malfunction which was rectified on Friday.
The Registrar General's office is now producing 8 000 passports...
Murowa Diamonds begins diamond exploration in Chivi
Murowa Diamonds has started exploration for gems in Sese communal lands in Chivi in Masvingo province where the firm has nearly 200 claims.
Murowa mines...
Tobacco rakes in US$51m
Farmers have sold 29 million kilogrammes of tobacco since the opening of the 2019 marketing season, with the bulk of the crop coming from...
$4 million drums of bitumen Stolen
At least 215 drums of bitumen worth RTGS$4 million were stolen at a road construction site in Chivhu last week and Government has rolled...
Mthuli Ncube says be patient with us
A wave of price increases for basic commodities hit consumers in the past two weeks, and in an interview yesterday, during the 39th Independence...
Residents resist cemeteries solar projects
In a meeting organised by the Bulawayo Progressive Residents’ Association, Bulawayo Town Clerk Mr Christopher Dube said not all cemeteries would be used as...
Boosting exports key to economic growth
The Minister of Industry and Commerce Cde Nqobizitha Mangaliso Ndlovu has highlighted the need to boost exports for the country’s economy to grow.
Addressing the...
RBZ: Demonetised Zim dollar notes NOT for sale
The Reserve Bank of Zimbabwe (RBZ) says it has come to its attention that there are certain persons who are purportedly buying or selling,...
Zim working on several economic initiatives to boost trade
Zimbabwe is working on several economic initiatives aimed at boosting the country’s competitiveness in the region, facilitate trade and attract the much needed foreign...
2019 budget presentation set for next month
The Minister of Finance and Economic Development Professor Mthuli Ncube says he will present his maiden 2019 national budget end of next month with...
Delta blames forex shortages of soft drinks
Beverages manufacturer Delta says foreign currency challenges coupled with hoarding of soft drinks witnessed in the past few weeks is to blame for the...
Zimra collects $7,5m car import duty in 12 days
The Zimbabwe Revenue Authority (Zimra) collected $7, 5million in 12 days in car import duty at Beitbridge as vehicle dealers acted on rumours that...
