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Govt to quit bailing out firms

HARARE – Government will soon stop bailing out loss-making companies, but those “run efficiently and deserve to be rescued”, as it seeks…

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Equities unfazed by Zanu PF shake up

HARARE – Zimbabwean equities market remained largely unchanged yesterday despite Tuesday’s mass purges of Cabinet ministers and Vice President Joice Mujuru, and…

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Zimplats rebuilds collapsed mine

HARARE – Zimbabwe’s largest platinum producer Zimplats has begun rebuilding its collapsed Bimha Mine. Its chief executive, Alex Mhembere, said the move…

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Govt compulsorily acquires ART land

HARARE – Listed stationary and batteries maker Art Corporation (ART) has engaged government over compulsory acquisition of part of its timber plantations….

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Zim, AfDB to sign $110m deal

HARARE – Zimbabwe and the African Development Bank (AfDB) are expected to sign a two-year $110 million facility today. This comes as…

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Zim indigenises 185 mining firms

HARARE – President Robert Mugabe’s government has indigenised 185 mining firms out of a total 405 applications, businessdaily has learnt. Zimbabwe’s empowerment…

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