Dawn properties Q1 revenue drops

Harare – Property investment and development company Dawn Properties Limited revenue for the first quarter this year dropped by 27,1 percent to $1,4 million in comparison to the same period last year.
Posted On 24 Jun 2016

Cabinet Committee on Legislation approves two Bills

The Cabinet Committee on Legislation has approved the Corporate Governance Bill and the Procurement Bill, a Cabinet Minister has said.Finance and Economic Development Minister Patrick Chinamasa today said the two bills were approved yesterday and should be brought before Cabinet...
Posted On 24 Jun 2016

EcoCash, Total in mobile money payments arrangement

Harare–Mobile telecommunications firm  Econet Wireless Zimbabwe has entered into an arrangement with Total  Zimbabwe through which its subscribers will now be able to purchase fuel  as well as other products and services at service stations
Posted On 23 Jun 2016

RioZim eyes 50 pc increase in gold production

Diversified miner RioZim is targeting a 50 percent increase in gold production by the end of the year after having invested in mines which are now fully operational.
Posted On 23 Jun 2016

Zimpapers operating profit up 5pc

…management expects “healthy” year-end profit HARARE – ZSE-listed media conglomerate Zimpapers (1980) Ltd has defied a challenging operating environment to post a 5 percent jump in operating profit for the first five months of 2016.
Posted On 23 Jun 2016

Product imports restricted, not banned – Chinamasa

Harare– Finance and Economic Development  Minister, Patrick Chinamasa said on Wednesday the government had not  banned importation of any products but was restricting inflow of goods  that are manufactured locally.
Posted On 23 Jun 2016

Zimre Q1 profit at $2,2 mln

Harare–Investment and coordinative company, Zimre Holdings Ltd recorded a profit after tax for the first quarter of this year of $2,2 million compared to a loss of $5,2 million in the same period last year.
Posted On 23 Jun 2016

Cabinet approves National Diaspora Policy

HARARE – Zimbabwe’s efforts to effectively engage its Diaspora community are taking shape after Cabinet yesterday approved the National Diaspora Policy.
Posted On 22 Jun 2016

Treasury directs ZINARA to disburse 70pc of funds for rehabilitation

HARARE – The Zimbabwe National Road Administration (ZINARA) says it is now disbursing the greater chunk of its funds towards periodic road maintenance in view of limited funds and a huge rehabilitation backlog.
Posted On 21 Jun 2016

AU, Japan step up TICAD VI preps

Harare– Ministers from the African Union (AU) member states including Zimbabwe and the Japanese government are expected to meet in Banjul, the Gambia this Friday as preparations for the sixth Tokyo International Conference on African Development (TICAD) to be held in Kenya in...
Posted On 16 Jun 2016