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,...