African Chrome Fields (Pvt Ltd, which has invested over $200 million in the Midlands province to produce ultra-low carbon ferro-chrome, has lashed out at people dragging them onto the political arena, saying the company is a non-political actor but was only focusing on development. In an interview
Zimbabwe mining sector's contribution to the Gross Domestic Product (GDP) has increased to 8.7% in 2017 from 7.9% recorded in the previous financial year, Finance and Economic development Minister Patrick Chinamasa has said. Chinamasa made the remarks while presenting the Midterm Budget Review in parliament on
“We are going to establish peace ambassadors who are going to defend the vote, once the voting has been done and we are going to announce the results ourselves this time around, from wherever we are going to do that,” said Zwizwai.
Zimbabwe’s economy grew by 0.7% in 2016 despite the combined effects of El Nino drought and domestic financial turmoil, a World Bank senior economist has said. By Jeoffrey Ncube Addressing the media at the launch of the Zimbabwe Economic Update (ZEU) in Harare on Wednesday, a Senior
Agribank has so far recorded a year to date profit to 31 May 2017 of $US 1,8 million compared to budgeted profit of $US 463 203 with interest income on capitalization Treasury bills contributing $753 014 to the reported profit, the bank's Chief Executive Officer,
Government has ploughed back its US$914 000 dividend in Agribank to fund the capitalization and growth of the once loss making entity. By Jeoffrey Ncube Speaking during the Agribank, Annual General Meeting held in Harare on Monday, Minister of Finance Patrick Chinamasa said treasury has been capitalizing
MUTARE- Positive growth in Zimbabwe's mining sector could be greatly affected by increased government interference, a new report has revealed. According to a report released by BMI Research, political and economic risks, coupled with increased government interference threatens to disrupt the industry's development over the next
MUTARE-Finance minister Patrick Chinamasa says government blundered during the chaotic land reform by allowing landless blacks to invade timber plantations. Addressing a business meeting in Mutare organised by the Confederation of Zimbabwe Industries (CZI), Chinamasa said allowing blacks to invade timber plantations was a mistake which
The Grain Millers Association of Zimbabwe has petitioned government to effect a ban on the importation of flour which it said has paralyzed the milling industry by forcing the closure of more than 300 milling companies. In a petition delivered to the Finance Minister, Patrick Chinamasa,
ZIMBABWE Lawyers for Human Rights (ZLHR) on Monday 14 November 2016 filed an application in the High Court seeking an order to set aside a law promulgated by President Robert Mugabe proclaiming the introduction of bond notes. On October 31 2016, President Mugabe, through an extraordinary
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