Harare City Council (HCC) is reeling from yet another controversy after an internal audit unearthed a major scandal through which some road contractors engaged to rehabilitate 43 selected roads in the...
By Staff reporter | Published: 06 October 2019
COAL miner Makomo Resources is only getting about 50% of its foreign currency requirements for the importation of critical inputs like spares, a situation that has crippled its production, an official...
By Staff reporter | Published: 28 September 2019
Currency speculators who, last week, disposed of their Zimbabwean dollars for the US dollar at very high exchange rates with the expectation that the local currency will plunge further, are counting t...
By Staff reporter | Published: 24 September 2019
Zimbabwe will in coming weeks sign agreements on the development and value addition of lithium lead batteries as the country seeks to transform the mining sector into a $12 billion industry in the nex...
By Staff reporter | Published: 23 September 2019
Zimbabwe's platinum mining companies have come up with a roadmap for refinery plants that have seen the government considering the removal of a 15 percent tax on raw exports for the commodity.While co...
By Staff reporter | Published: 16 July 2019
ZIMBABWE has, since 2009, accumulated a trade deficit of $32,15 billion, a development that has left the country battling with persistent foreign currency shortages, a government official has said.Giv...
By Staff reporter | Published: 05 July 2019
ZIMBABWE'S tourism sector has stagnated, recording a percentage growth in arrivals in the first quarter of the year, an industry official has said.In the first quarter last year, tourist arrivals reac...
By Staff reporter | Published: 04 July 2019
DAVID Whitehead Textiles (DWT) intends to "immediately" restart operations at Chegutu factory after several years of intermittent operations, following acquisition of the company's majority shareholdi...
By Staff reporter | Published: 04 July 2019
FORMER first lady Grace Mugabe has been hit with a US$4 million lawsuit by a Lebanese businessman who claims he was defamed and lost income after she instructed police to seize his properties during a...
By Staff reporter | Published: 25 June 2019
Zimbabwe's interim currency fell to a new low on the black market on Thursday and local firms were demanding payment in U.S. dollars as a hedge against inflation, which is running at its highest in a ...
By Reuters | Published: 20 June 2019
The Zimbabwe National Roads Administration (Zinara)'s combined revenues are projected to rise to $135,6 million for the current year, up from $133,3 million last year. The improvement in the roads aut...
By Staff reporter | Published: 13 June 2019
Air Zimbabwe passengers face travel disruptions after the airline's only plane in service was sent for repairs.Air Zimbabwe said its Boeing 767-200ER was undergoing a mandatory maintenance check from ...
By Staff reporter | Published: 09 June 2019
THE Government has started working on modalities to compensate former white commercial farmers who lost land during the country's agrarian reform programme on improvements they made on the farms with ...
By Staff reporter | Published: 05 May 2019
AT least 900 white former commercial farmers who lost land during the country's agrarian reform have registered for compensation as Government intensifies efforts to pay them for improvements they mad...
By Staff reporter | Published: 03 May 2019
PICK N PAY's Zimbabwean subsidiary TM Supermarkets took a 6,3 percent drop in profits in the 52-week period to end of March as it adjusted to currency and exchange reforms. The South African headquart...
By Staff reporter | Published: 01 May 2019
Zimbabwe's real estate sector is under immense pressure to review rentals in response to the country's deteriorating economy, which has resulted in rising operating costs, defaults and voids.First Mut...
By Staff reporter | Published: 28 April 2019
Zimbabwe intends to vigorously pursue local value addition of its lithium resources to maximise export earnings from the mineral, a Cabinet Minister has said. Lithium is used to make various items inc...
By Staff reporter | Published: 25 April 2019
GOVERNMENT yesterday signed an investment deal worth more than $5 billion with a Chinese steel manufacturing giant, Tsingshan, for the setting up of a new steel plant in Mvuma and to bankroll a number...
By Staff reporter | Published: 24 April 2019
Zimbabwe is this year targeting a 28 percent increase in mineral export earnings as the sector gears towards Vision 2030 target of an annual haul of US$12 billion per annum by 2023. Zimbabwe last year...
By Staff reporter | Published: 24 April 2019
PRESIDENT Emmerson Mnangagwa's bid to rejoin former British colonies' club, the Commonwealth, as part of his re-engagement efforts with the West, appears to have hit a snag after the ex-colonial maste...
By Staff reporter | Published: 25 January 2019
MINE workers and the Chamber of Mines have agreed to approach the government and table a request for the sector to get at least 80% of their foreign currency earnings, businessdigest has learnt.This c...
By Staff reporter | Published: 19 January 2019
A MASSIVE power outage lasting more than 50 hours hit southern Zimbabwe at the weekend after poorly maintained pylons near Chiredzi succumbed to heavy storms, cutting electricity trunk lines in the so...
By Staff reporter | Published: 31 December 2018
THE Zimbabwe Miners' Federation (ZMF) says the prevailing fuel shortage has significantly crippled small-scale mining operations as most of its members use diesel. Zimbabwe has been experiencing fuel ...
By Staff reporter | Published: 31 December 2018
Zimbabwe's foreign currency earnings for the year to date have hit the US$6 billion mark, from US$4,6 billion realised in the whole of last year as the country's exports and Diaspora remittances conti...
By Staff reporter | Published: 21 December 2018
Harare residents should brace for a dry festive season or rely on rain water, as council has run out of water purification chemicals.Mayor Herbert Gomba yesterday gave a grim picture of water supply i...
By Staff reporter | Published: 19 December 2018
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
