THE Zambezi Helicopter Company, which offers flights over the falls, is fully booked ahead of the United Nations World Tourism Organisation (UNWTO) general assembly in Victoria Falls, an official said...
At least 63 country delegations have made bookings in Victoria Falls as preparations for the United Nations World Tourism Organisation General Assembly enters the home stretch. Zimbabwe and Zambia are...
A group of companies which includes state-owned Rostec and Vneshekonombank is buying a 40% stake in a project to develop the world's second largest platinum field in Zimbabwe. The consortium will inv...
As the country races towards year-end, the aftermath of Zanu-PF's heavily-contested election victory has brought uncertainty on a stuttering economy and could have a negative impact on millions of Zim...
Zimbabwe's national timber sales volumes surged 44.5% to 267 888 cubic metres for the year ended December 2012 due to increased demand in both local and export sales, latest industry statistics show. ...
CBZ Bank is holding on to Caps Holdings head office after it emerged that last month's auction of the attached property was reversed. CBZ Holdings group chief executive officer John Mangudya last week...
Mines Minister Obert Mpofu on Saturday denied reports in a British newspaper that it had signed a secret uranium trade deal with Iran. The Times of London had reported quoting deputy minister Gi...
Bindura Nickel Corporation has said its plans to raise a $5 million debt funding to finance Trojan Mine are on course despite liquidity constraints on the market.The mining concern in a statement yest...
Gideon Gono said the country requires foreign direct investment (FDI) to solve the liquidity crisis and should not be seen as attacking the owners of capital.He said the only way to solve the crisis i...
Chisumbanje Ethanol Project received the ethanol production licence that will provide off take in production.Basil Nyabadza, Arda board chairman said that Zera issued the licence early last week and t...
The African Development Bank said Zimbabwe's economic growth is likely to be depressed with its real GDP projected to be less than $7 billion even though the country continues to record positive growt...
President Robert Mugabe says his party won "a resounding mandate" from voters to complete a sweeping black empowerment programme to take over foreign and white-owned assets.Mugabe said on Tuesday the ...
The Securities Commission of Zimbabwe (SECZ) Investor Protection Fund has increased to $5,7 million from $3 million due to restoration of confidence in the capital markets.The funds which are aimed at...
THE Zimbabwe Revenue Authority (Zimra) has set September 30 as the deadline for the submission of income tax returns for individuals and companies for the year-ended December 2012.Income tax is the am...
THE Zimbabwe Congress of Trade Unions (ZCTU) has warned of more retrenchments as the country does not have investor-friendly policies.ZCTU president George Nkiwane last week told NewsDay Business that...
THE country has recorded a significant improvement in the generation of electricity this year although it remains inadequate to meet national demand, Permanent Secretary in the Ministry of Energy and ...
The cost of living has fallen by 0,60 percent between June and July this year, a development attributed to a decrease in prices of some basic commodities in various promotions in supermarkets. The vol...
CAMBRIA Africa Plc has completed its exit from Zimbabwe Stock Exchange listed Celsys Limited in what also resulted in still birth to its plans to make a secondary listing on the local bourse. Certain ...
New York - Apple is to unveil its next iPhone on 10 September, according to The Wall Street Journal blog AllThings D.The blog cited unnamed sources for its report. An Apple representative declined to...
New York - Struggling smartphone maker BlackBerry said Monday it is examining "strategic alternatives," including the possibility of selling off the firm.The Canadian firm said it had formed a committ...
Banks have resolved to reduce charges on deposits in line with a Reserve Bank of Zimbabwe directive to increase savings in the economy, several half-year financial statements have revealed.This comes ...
Johannesburg - The JSE hit a record high on Monday, rising 1.6% on a surge in gold producers that were lifted by a higher bullion price, such as Gold Fields.The benchmark Top 40 index touched a record...
The Minerals Marketing Corporation of Zimbabwe is still scouting for partners to set up diamond cutting and polishing firms in the country.The MMCZ announced early this year that it had engaged severa...
HEAVYWEIGHT stocks dominated trading on the Zimbabwe Stock Exchange last week with three of the stocks accounting for more than 75 percent shares traded during the week.A total of 24,77 million shares...
NEWS that President Robert Mugabe will continue for a seventh term has left investors white in the face - not exactly a useful colour in Zimbabwe right now.Mr Mugabe will target the remaining 1,138 wh...