Powerspeed QDecember revenue grows 334%, margins under pressure

HARARE - Powerspeed's revenue in the quarter to December grew below inflation at 334% to $1 bln despite the recovery in volumes which had...

A record 2.4m urban people living in hunger

HARARE  (Press Release) – Hunger in Zimbabwe’s urban areas has increased over the past year with 2.4 million people now struggling to meet their...

Zimbabwe, Invictus sign Production Sharing Agreements for Muzarabani oil project

Davison Kaiyo HARARE – Zimbabwe is on its way to becoming an oil and gas producing country as early as next year following the signing...

Divine intervention spurs Zimbabwe stability and growth – ED

Nyasha Kunyiswa Zimbabwe has in the past year overcome a number of challenges including the COVID-19 pandemic while recording huge strides including macro-economic stability through...

Contago in talks for coking coal offtake agreement at Lubu

Contango, the London listed natural resource development company, says it is currently in discussions regarding a potential long-term offtake for coking coal produced at...

What impact will the AfCFTA have on the oil and gas...

Shantel Mufandaidza Created by the African Continental Free Trade Agreement in 2018, the African Continental Free Trade Area came into effect on 1 January 2021. Since...

Mamombe, Chimbiri hotheads – High Court Judge

George Swarei High Court Judge Justice Tawanda Chitapi has dismissed Joana Mamombe and Cecilia Chimbiri bail appeal saying the MDC-Alliance activists were troublesome. Mamombe and Chimbiri,...

Zim tourism slumps 90% due to COVID-19 – Mnangagwa

Reason Razao The tourism sector in Zimbabwe plunged by 90 percent in 2020 due to the COVID-19 pandemic which led to travel restrictions and national...

Mwonzora brouhaha for attending ED state function in Victoria Falls

Sydney Kawadza Opposition leader of the MDC-T faction once again torched a storm when he joined other political leaders as President Mnangagwa officially launched the...

President Mnangagwa launches first ever ICT device factory

Davison Kaiyo HARARE – Zimbabwe has launched its first ever Information Communication Technology (ICT) Device Factory, which will see the country manufacture and assemble laptops,...

Waive individual property rights on COVID-19 vaccine – WHO

Sydney Kawadza The World Health Organisation is calling for individual property waivers to accelerate the production of COVID-19 vaccines. In his address to the Economic Commission...

Norton residents name and shame corrupt policemen

Staff Writer Norton residents have approached the Zimbabwe Anti-Corruption Commission to investigate police details and their colleagues from the Neighbourhood Watch Committee whom they accused...

Emirates increases flights into Harare

Sydney Kawadza Emirates will on June 5 this year increase its flights from four to five times a week in response to growing passenger demand...

Africa loses 30 million jobs to COVID-19

Sydney Kawadza The COVID-19 pandemic has left more than 30 million Africans unemployed with most government being forced to allocate more than 10 percent of...

Judge defers Mamombe and Chimbiri bail judgement, again

Donald Chakamanga Incarcerated MDC Alliance activists Joana Mamombe and Cecilia Chimbiri’s will remain in custody for two more days after a High Court judge in...

Better access to water improves lives for Zim refugees and their...

Lovemore Dumba Josephine Mbayo faced many difficulties looking after her eight children in a refugee camp in southeast Zimbabwe, but getting enough clean water for...

Padenga says F20 earnings to be lower due to limited skin...

HARARE - Padenga Holdings has issued a profit warning saying forthcoming results for the year to December 31, 2020 will have lower earnings than...

Free Movement Protocol critical for AfCFTA – ECA

Staff Writer The Free Movement Protocol will be critical to securing gains from the game-changing African Continental Free Trade Area, David Luke, Coordinator of the...

Emirates offers complimentary hotel stay for Zimbabwe travellers

Staff Writer Global air transporter Emirates is offering passengers travelling to Dubai from Zimbabwe special fares, and an additional piece of baggage from 24 March...

Caledonia F20 revenue jumps 32% after record production, higher gold prices

HARARE – Caledonia Mining says that its immediate strategic focus is to complete Central Shaft project at Blanket Mine, which is expected to increase...