High void rates and low rental yields to persist in 2020:...

HARARE - The property market in Zimbabwe is likely to see an increase in voids and occupancy rates in the different properties sector, according...

The Zimbabwe National Gazelles Programme for SME’s launched

A Small to Medium Enterprises  programme designed  to  support  and accelerate the growth of the sector had been launched. The Zimbabwe National Gazelles Programme...

Tobacco sales top US$14m on day seven

HARARE – At least 6.16 million kilograms of tobacco worth 13.95 million US dollars have been sold so far since the start of tobacco...

AngloGold loses 11,000oz to coronavirus in Q1 2020

HARARE – Third largest gold producer globally and the largest on the African continent AngloGold Ashanti opted to keep its Argentina mines instead of...

Covid-19 lockdown a chance for homeless people to reform: Machakaire

Tawanda Marwizi Youth, Sports and Arts Deputy Minister Tinoda Machakaire says homeless people must use their current stay at Mt Hampden Training Centre to revive...

Ecocash a Ponzi scheme says RBZ, has agents overdraft of ZW$39m

HARARE – Ecocash, a subsidiary of ZSE-listed Cassava Smartech, is engaging in shadow banking and is a Ponzi scheme that is creating fictitious money...

BancABC Zimbabwe returns to top performance with surge in FY2019 profits

HARARE – BancABC Zimbabwe, the local banking subsidiary of Pan African group, Atlas Mara returned to top performance after reporting a strong set of...

MDC Alliance fires Mudzuri, Mwonzora

Xolisani Ncube The Nelson Chamisa-led MDC Alliance has dismissed ex-vice president Elias Mudzuri and former secretary-general Douglas Mwonzora on allegations of working with Zanu-PF to...

Watungwa new BAZ President

HARARE – Standard Chartered chief executive Ralph Watungwa is the new Bankers Association of Zimbabwe president. أنطوان غريزمان He takes over from FBC Bank...

Invaders at Kasukuwere farm despite High Court reprieve

Cynthia Chitombi Former Zanu-PF political commissar and cabinet minister Saviour Kasukuwere has received a major reprieve after the High Court stopped government from repossessing his...

Victoria Falls Stock Exchange: Zimbabwe`s knight in shining armour?

Exactly 30 days from the date a harried Mthuli Ncube wrote to the International Monetary Fund (IMF) pleading for debt relief and financial assistance...

Rhodesia’s Daylight Saving Experiment of 1920

Jonathan Waters BRITAIN had introduced daylight saving during World War I ostensibly to save coal. While this has been found to be a fallacious argument...

Buyanga dares Matanga on Interpol as custody battle rages

Tawanda Marwizi Businessman Frank Buyanga Sadiqi has dared the Commissioner General of the Zimbabwe Republic Police to place him on Interpol wanted list saying he...

RBZ cuts key rate for the 2nd time to improve stimulus

HARARE (FinX) – The Reserve Bank of Zimbabwe lowered its key policy rate for the second time since the Covid-19 outbreak and the third...

Government to increase coronavirus testing 

Munyaradzi Doma Zimbabwe has resolved to increase its coronavirus testing and Cabinet has resolved to have joint testing teams to immediately conduct tests in all...

TIMB sees 15% drop in tobacco volume to 220m kgs; 30%...

Farai Mabeza HARARE – Zimbabwe expects that 30 percent of all tobacco sales will be done outside Harare after Government gazetted a statutory instrument authorising...

Covid-19: amendment to IFRS 16 Leases

Pat Sweet (Accountancy Daily) – The International Accounting Standards Board (IASB) has announced a snap two-week consultation on proposals to amend IFRS 16 Leases to...

Gospel outfit releases Covid-19 song

Munyaradzi Doma Gospel outfit, Echoes of Praise has released a Covid-19 song whose message is on making people aware of the measures to take so...

Sakunda Holdings in major donation as nation steps up Covid-19 fight

HARARE - Sakunda Holdings has donated US$2.6 million equipment and the Arundel Hospital to Government for use in the fight against COVID-19. This comes as the  number...

RBZ clamps five more bureau de change on illicit deals

HARARE – The Reserve Bank of Zimbabwe (RBZ) has provided an update on the two bureau de change that were suspended from operations earlier...