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Zimbabweans face higher taxes

HARARE – Zimbabweans could pay higher taxes if Parliament adopts the proposed Reserve Bank of Zimbabwe (RBZ) Debt Assumption Bill, analysts say….

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Padenga back in the red

HARARE – Crocodile skin products producer Padenga Holdings Limited (Padenga) incurred a $2,4 million loss in the half year to June 2014…

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Zimre seeks $5m

HARARE – Listed Zimre Property Investments Limited (ZPI) is seeking $5 million to develop residential properties as part of strategies to boost…

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Zim targets 240m kg tobacco

HARARE – Zimbabwe is targeting to produce nearly 240 million kilogrammes (kg) of tobacco in the 2014/15 season on the back of…

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Zim, Chinese ink $4bn energy deal

HARARE – Energy secretary Partson Mbiriri has signed a memorandum of understanding with a Shanghai Electric (Shanghai)-led group for electricity generating projects…

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Zim to seize unused mines

HARARE – Zimbabwe plans to seize unused mines and hand them to productive local and international miners, the country’s Mines minister Walter…

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Zim eyes $416m funding

HARARE – Zimbabwe expects to receive $416 million from bilateral partners and multi-lateral institutions by year end, Finance minister Patrickm Chinamasa said….

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Bad debt reputation hounds Zim

HARARE – International lenders are reluctant to advance Zimbabwe credit lines because the country is heavily indebted and does not have capacity…

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FMHL loses $1,8m to defunct banks

HARARE – Zimbabwe Stock Exchange-listed financial group, First Mutual Holdings Limited (FMHL), has lost $1,8 million to collapsed banks. The group, which…

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