MTN has published its integrated report for 2019, showing what its top executives were paid in the last year.MTN group chief financial officer, Ralph Mupita, took home the largest salary at the group ...
Zanu-PF secretary for administration Obert Mpofu is suing the deputy secretary of the party's youth wing for US$10 million, claiming defamation.In summons filed at the Harare High Court on Tuesday, ...
GOVERNMENT has allocated US$34 million and ZWL$18 million to the City of Bulawayo to improve service delivery.This was revealed by Bulawayo Metropolitan Affairs minister Judith Ncube while addressing ...
Government-owned oil company, Petrotrade declared a $1.56 million dividend at the end of its 2018 financial year after managing to improve its profitability during the period, the company said on Thur...
THE Zimbabwe Parks and Wildlife Management Authority (ZimParks) needs about US$30 million annually to effectively run its operations, but the budget might be affected if the United States government's...
Zimbabwe's land under irrigation has increased by 61.76% to the current 275 000 hectares from 170 000 hectares, with the country intensifying efforts to reduce reliance on rain-fed agriculture so as t...
FORMER deputy chief secretary to the president and cabinet Ray Ndhlukula is in the eye of a storm after it emerged this week that he unprocedurally ordered the Zimbabwe National Roads Administration (...
Zimbabwe's government on Tuesday offered its workers 180 million Zimbabwe dollars ($21 million) in additional pay for the July-December period, which unions rejected as inadequate in the face of soari...
THE Reserve Bank of Zimbabwe (RBZ) says the country has recorded an annual increase of money supply by almost ZWL$3 million while both exports and imports decreased by over 15%.This is contained in th...
CFI holdings Limited reported a profit-after tax of ZWL$7,2 million in the half-year to March 31, 2019, up from ZWL$2,1 million posted over the same period last year, driven by growth in earnings from...
Chrome mining and smelting company, Afrochine Smelting, has been taken to the High Court by NR Barber (Private) Ltd, for allegedly unlawfully removing its chrome ore worth US$7 million.Afrochine Smelt...
THE Grain Millers' Association of Zimbabwe (GMAZ) is considering eliminating the role of wholesalers in the distribution of basic commodities to make them affordable to consumers. Addressing retailers...
Zimbabwe's energy minister Fortune Chasi was on Tuesday forced to put the proof of the country's US$10m (R139m) payment to Eskom on his twitter account, after earlier claims of having paid was refuted...
DEFENCE Minister, Oppah Muchinguri-Kashiri has filed a $1 million suit against the Daily News for alleged defamation in a case in which the private paper published an article claiming her housing coop...
ARISTON Holdings Limited (AHL) says Cyclone Idai damaged the company's plantations in the Eastern Highlands, with early indications suggesting that the damage could be worth US$1,5 million."In March 2...
Economists, John Robertson, Persistence Gwanyanya and Prosper Chitambara have dismissed Finance Minister, Mthuli Ncube's budget surplus of US$443 million recorded in the first quarter of 2019 for fail...
ZIMBABWE stands to lose at least 5% of its yearly exports to the United Kingdom in the case of Britain leaving the European Union without a deal, a new United Nations agency report has shown.According...
LAFARGE Cement Zimbabwe has obtained a long-term US$30 million facility to enable settlement of outstanding obligations.In its audited results for the year ended December 31 2018, the cement manufactu...
CFI Holdings' divisions, Agrifoods and Victoria Foods, will next month go for a scheme of arrangement after their judicial managers, Grant Thornton, courted an investor, Dominion Trading, which inject...
SMALL to medium enterprises (SMEs) are generating an average of $1 million a day at the Beitbridge Border Post through payment of taxes, according to Women Affairs, Community, Small and Medium Enterpr...
AT least 215 drums of bitumen worth RTGS$4 million were stolen at a road construction site in Chivhu last week and Government has rolled out extensive investigations to apprehend the culprits. Transpo...
Zimbabwe's tobacco output is expected to decline to 200 million kilogrammes this year owing to unfavourable weather conditions under which the crop was grown, the industry regulator has said. Last yea...
Bureau Veritas (BV), an international firm contracted by government to undertake consignment-based conformity assessment (CBCA) for imports destined for Zimbabwe, says it has rejected 262 million subs...
Government has drawn-down $45,9 million, representing 30 percent of the total project cost for upgrading and modernisation of the Robert Gabriel Mugabe International Airport. The RGM International Air...
SELF-EXILED former Higher and Tertiary Education minister Jonathan Moyo has been given a 10-day ultimatum by the High Court to defend a $5 million defamation lawsuit filed by Vice-President Constantin...