Business

Zimbabwean hotels are set to benefit from a bumper US$300 million capital injection, a move which will likely boost the resurrection of the industry and help foster economic growth. According to the latest research from Cape Town-based…

The opposition Movement for Democratic Change (MDC) has scoffed at claims by Finance and Economic Development Minister, Mthuli Ncube that the country, for the first time in years, recorded a budget surplus. Earlier this year, Ncube…

The opposition Movement for Democratic Change (MDC) today launched its new policy document dubbed; “RELOAD” which articulates the party’s five point plan towards addressing the economic crisis bedeviling the country. The acronym, RELOAD,…

MUTARE- A diamond cutting and polishing centre will headline the US$175 million special economic zone set to be established in Mutare, officials have said. By Donald Nyarota Zimbabwe’s first public SEZ outside Harare and Bulawayo…

At a time local businesses have struggled to establish a sound footing in the regional export markets, Zimbabwe is shifting its focus towards expanding into the neighboring Zambia, one of the fastest growing economies in the region.…

There is growing concern amongst a wide spectrum of business players over the lackluster implementation of Special Economic Zones, which despite coming into operation last year, progress in the selected areas has remained unsatisfactory,…

Electronic payments system service provider, Paynet Zimbabwe’s protracted wrangle with local banks over unpaid invoices for services rendered amounting to US$ 470 000 has taken a new twist with the tech company instructing its legal…

Zimbabwe’s snail-paced approach to modernizing the Beitbridge-Chirundu highway has left the country counting losses as the Kazungula bridge nearing completion, which connects Botswana and Zambia, is widely tipped to be the new gateway into…

MUTARE- A leading human rights defender has blasted the vague constitutional provisions on devolution which replicate rural and urban council duties without guaranteeing corresponding executive powers. By Donald Nyarota Advocate Passmore…

The Zimbabwe Anti-Corruption Commission (ZACC) has added pressure on Government to speed up the Money Laundering and Proceeds of Crime Amendment Bill, a tool widely tipped to bring an end to the widespread problem of illicit financial flows…