MTN has published its integrated report for 2019, showing what its top executives were paid in the last year.MTN group chief financial officer, Ralph Mupita, took home the largest salary at the group ...
By Staff reporter | Published: 31 March 2020
Zanu-PF secretary for administration Obert Mpofu is suing the deputy secretary of the party's youth wing for US$10 million, claiming defamation.In summons filed at the Harare High Court on Tuesday, ...
By Staff reporter | Published: 22 October 2019
GOVERNMENT has allocated US$34 million and ZWL$18 million to the City of Bulawayo to improve service delivery.This was revealed by Bulawayo Metropolitan Affairs minister Judith Ncube while addressing ...
By Staff reporter | Published: 07 October 2019
Government-owned oil company, Petrotrade declared a $1.56 million dividend at the end of its 2018 financial year after managing to improve its profitability during the period, the company said on Thur...
By New Ziana | Published: 04 October 2019
THE Zimbabwe Parks and Wildlife Management Authority (ZimParks) needs about US$30 million annually to effectively run its operations, but the budget might be affected if the United States government's...
By Staff reporter | Published: 04 October 2019
Zimbabwe's land under irrigation has increased by 61.76% to the current 275 000 hectares from 170 000 hectares, with the country intensifying efforts to reduce reliance on rain-fed agriculture so as t...
By Staff reporter | Published: 22 August 2019
FORMER deputy chief secretary to the president and cabinet Ray Ndhlukula is in the eye of a storm after it emerged this week that he unprocedurally ordered the Zimbabwe National Roads Administration (...
By Staff reporter | Published: 12 July 2019
Zimbabwe's government on Tuesday offered its workers 180 million Zimbabwe dollars ($21 million) in additional pay for the July-December period, which unions rejected as inadequate in the face of soari...
By Reuters | Published: 10 July 2019
THE Reserve Bank of Zimbabwe (RBZ) says the country has recorded an annual increase of money supply by almost ZWL$3 million while both exports and imports decreased by over 15%.This is contained in th...
By Staff reporter | Published: 04 July 2019
CFI holdings Limited reported a profit-after tax of ZWL$7,2 million in the half-year to March 31, 2019, up from ZWL$2,1 million posted over the same period last year, driven by growth in earnings from...
By Staff reporter | Published: 04 July 2019
Chrome mining and smelting company, Afrochine Smelting, has been taken to the High Court by NR Barber (Private) Ltd, for allegedly unlawfully removing its chrome ore worth US$7 million.Afrochine Smelt...
By Staff reporter | Published: 03 July 2019
THE Grain Millers' Association of Zimbabwe (GMAZ) is considering eliminating the role of wholesalers in the distribution of basic commodities to make them affordable to consumers. Addressing retailers...
By Staff reporter | Published: 03 July 2019
Zimbabwe's energy minister Fortune Chasi was on Tuesday forced to put the proof of the country's US$10m (R139m) payment to Eskom on his twitter account, after earlier claims of having paid was refuted...
By Staff reporter | Published: 02 July 2019
DEFENCE Minister, Oppah Muchinguri-Kashiri has filed a $1 million suit against the Daily News for alleged defamation in a case in which the private paper published an article claiming her housing coop...
By Staff reporter | Published: 02 July 2019
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...
By Staff reporter | Published: 14 June 2019
Economists, John Robertson, Persistence Gwanyanya and Prosper Chitambara have dismissed Finance Minister, Mthuli Ncube's budget surplus of US$443 million recorded in the first quarter of 2019 for fail...
By Staff reporter | Published: 11 June 2019
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...
By Staff reporter | Published: 05 May 2019
LAFARGE Cement Zimbabwe has obtained a long-term US$30 million facility to enable settlement of outstanding obligations.In its audited results for the year ended December 31 2018, the cement manufactu...
By Staff reporter | Published: 03 May 2019
CFI Holdings' divisions, Agrifoods and Victoria Foods, will next month go for a scheme of arrangement after their judicial managers, Grant Thornton, courted an investor, Dominion Trading, which inject...
By Staff reporter | Published: 01 May 2019
SMALL to medium enterprises (SMEs) are generating an average of $1 million a day at the Beitbridge Border Post through payment of taxes, according to Women Affairs, Community, Small and Medium Enterpr...
By Staff reporter | Published: 29 April 2019
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 out extensive investigations to apprehend the culprits. Transpo...
By Staff reporter | Published: 25 April 2019
Zimbabwe's tobacco output is expected to decline to 200 million kilogrammes this year owing to unfavourable weather conditions under which the crop was grown, the industry regulator has said. Last yea...
By Staff reporter | Published: 24 April 2019
Bureau Veritas (BV), an international firm contracted by government to undertake consignment-based conformity assessment (CBCA) for imports destined for Zimbabwe, says it has rejected 262 million subs...
By Staff reporter | Published: 12 February 2019
Government has drawn-down $45,9 million, representing 30 percent of the total project cost for upgrading and modernisation of the Robert Gabriel Mugabe International Airport. The RGM International Air...
By Staff reporter | Published: 04 February 2019
SELF-EXILED former Higher and Tertiary Education minister Jonathan Moyo has been given a 10-day ultimatum by the High Court to defend a $5 million defamation lawsuit filed by Vice-President Constantin...
By Staff reporter | Published: 25 January 2019
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
