Business

THE Zimbabwe Government, last year gazetted over 250 Statutory Instruments (SIs) as a way of economic management yet it has become a threat to investment, Chris Mugaga, Zimbabwe National…

LISTED property firm Mashonaland Holdings Limited (MHL) says reduced capacity utilisation and declining disposable incomes have resulted in a fall in demand for real estate space and…

FOREIGN Direct Investment (FDI) to Zimbabwe declined by 64 percent to US$259 million in 2019 from US$717 million in the previous year as President Emmerson Mnangagwa’s under-fire government…

ZIMBABWE’S premier business and financial newspaper, The Financial Gazette, says all is set for the annual tax review meeting to be held on Thursday.

CENTRAL bank governor John Mangudya yesterday announced US-dollar-benchmarked minimum capital requirements for the banking sector, which he said will safeguard local financial institutions.

Nyasha Mutseyekwa, a minivan transporter in Zimbabwe's capital Harare, cannot afford new tyres for his ramshackle kombi, selling at US$45 for a good second hand.

ETHANOL producer Green Fuel Private Limited dismissed recent allegations by suspended Zanu PF secretary for the commissariat Godfrey Tsenengamu that the company was engaged in corrupt and…

THE parliamentary portfolio committee on Information Communication Technology (ICT) says the government must ensure mobile operators accept infrastructure sharing concept for the country’s…

ZIMTRADE, Zimbabwe’s export development and promotion agency, is urging exporters to register under bilateral and multi-lateral trade agreements with the Zimbabwe Revenue Authority (Zimra)…

The disposal of Meikles Hotel to ASB Hospitality (Zimbabwe) (Private) Limited is now nearing finalisation after Miekles Limited received an approval from Exchange Control Authorities to…

GOVERNMENT’S unpredictability of economic policies, foreign currency allocation and the unstable political and economic climate will continue to undermine foreign investment, analysts have…

ZIMBABWE’s coal mining companies have hit back at State-run power producer, Zesa Holdings Limited, after the latter accused them of supplying sub-standard coal to the Hwange thermal power…

WHEN Lazarus Muchenje joined NetOne as chief executive officer in 2018, the State-owned telecommunications company had suffered a staggering $77 million loss and was tottering on the brink.…

GOVERNMENT has ordered Shabanie Mashaba Mines to stop evicting former mine workers, the Daily News can report.

ZIMBABWE’S second largest cotton firm, Southern Cotton Company (SCC) is optimistic of higher yields this year as the recent rains are expected revive plants that had started to show signs of…

A NEW report has revealed shocking drops in Zimbabwe’s power output, pointing to a far worse economic crisis ahead.

ZIMBABWE is facing myriad challenges, with the economy unstable and volatile, both hallmarks of excessive government interference and mismanagement.

ZIMBABWE’S horticulture export earnings fell to around US$65 million last year, compared to over $70 million recorded in the same period in 2018 mostly due to drought, latest figures show.

FALCON Gold Zimbabwe (Falgold) says it is still seeking fresh capital to revamp its operations.

© THE decision to reduce value added tax (Vat) from 15 percent to 14,5 percent and to change the intermediated money transfer tax (IMTT) tax-free threshold from $20 to $100, had a minimal…

CIMAS Medical Aid Society, one of the country’s largest health insurers, says it grew its membership..

Cassava Smartech Zimbabwe (Cassava) says it recorded a 19 percent increase in mobile transactions..

© THE National Railways of Zimbabwe (NRZ) has written to the government requesting permission to collect revenue from exporters in foreign currency after recording a sharp decline in freight…

© ZIMBABWE’S dairy industry narrowly missed the 2019 annual national milk production target of 86 million litres by 6,5 million litres due to drought.

HARARE - Zimbabwe's church leaders called on the government to listen to the cries of its suffering citizens, warning that their grievances could “soon explode into civil unrest if not…