Business

ZIMBABWE will deploy its windfall of nearly US$1 billion in special drawing rights likely to be issued by the International Monetary Fund to push harder and faster the economic…
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Old Mutual Life Assurance Company intends to construct a modest 648kW solar photovoltaic power plant at its headquarters in Harare. The company has since applied for a licence from…
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The next stage in the exploration for gas and oil in the Muzarabani area is imminent with 20 very large trucks coming through Beitbridge over the next few days carrying the…
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Herald Reporters THE Government’s move to reduce the public workforce from 40 percent to 25 in the wake of a spike in Covid-19 infections and mortalities has been lauded as it sets…
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The government says the country’s economy is set to grow by 5.4 per cent in 2022. Speaking during the post cabinet briefing, Minister of Information Publicity and Broadcasting…
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Zimbabwe has deferred paying the first instalment of compensation for white farmers who lost land during the fast-track land reform programme which the Robert Mugabe…
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The Public Service Commission (PSC) has directed that only 10 per cent of civil servants in all line Ministries, Departments and Agencies shall physically report for work at their…
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HARARE – Zimbabwe’s Diaspora remittances jumped 58 percent last year, to about US$1 billion, a development that helped the country to cover gaps left by trade disruptions caused…
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Africa Moyo - Herald Deputy News Editor Zimra collected $108,93 billion in taxes and duties for the quarter of April to June this year surpassing its target by 15,96 percent,…
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CHIRUMHANZU – Two Government Ministers, Winston Chitando and Larry Mavima were last week part of a delegation at a ritual ceremony to appease ancestral spirits and welcome a Chinese…
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Herald Reporter Zimbabwe passport The fee for an ordinary passport was raised yesterday to US$60 from US$53. The fee for a three-day passport remains at US$200 and for an…
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Business WriterZimbabwe is planning to revive copper mining in the country and the Zimbabwe Mining Development Corporation (ZMDC) has since requested for expression of interest from…
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Prosper Ndlovu in Lilongwe, Malawi ZIMBABWE and Malawi businesses should synergise operations and position themselves to tap into the vast market opportunities under the African…
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BEIJING (AP) — Global stock markets rose Tuesday as investors looked ahead to U.S. earnings reports that are expected to show strong profits for banks. London opened higher and…
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HARARE – Policymakers in Zimbabwe have been accused of inaction on illicit gold trade that has seen the Southern African country losing billions of United States dollars. An…
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BY WINSTONE ANTONIO - NewsDay BUSINESS mogul and founder of the now-defunct Kingdom Bank, Nigel Chanakira, says he has made a lot of mistakes and wrong partnerships along his road…
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The Reserve Bank of Zimbabwe has announced the introduction of $50 notes that will come into circulation with effect from tomorrow the 7th of June 2021. The central bank said it…
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Harare BureauTHE National Social Security Authority (NSSA) has reviewed minimum monthly pension pay-outs to $3 000 with effect from July 1, 2021, as it rolls out plans to increase the…
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THE Office of the President and Cabinet (OPC) has been implicated in the raging Air Zimbabwe (AirZim) mess after it emerged senior officials there orchestrated the ousting of…
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Zvamaida Murwira-Senior Reporter - Herald President Mnangagwa has directed the Ministry of Energy and Power Development to come up with measures to end load shedding within the next…
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By Alois Vinga - NEWZIM LISTED tyre manufacturer and distributor, National Tyre Services (NTS) has credited the stabilising economic environment for its 34% growth recorded during…
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Blessings Chidakwa - Herald Municipal Reporter Passengers in Harare Metropolitan were yesterday outraged over the new doubled Zupco fares that come into effect today, with the…
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