The present crisis that Zimbabwe is facing is a result of government’s extravagance as it is spending money that it does not have, Bulawayo South legislator Eddie Cross says.
After defying economic gravity for a year, Zimbabwe’s homemade US dollars have fallen to earth with a bump.
Mashonaland West Senator Mike Musaka has singled out Vice-President Emmerson Mnangagwa for the sterling work he did in the Command Agriculture project.
War veterans leader Victor Matemadanda has promised a showdown at today’s Zimbabwe African National Union-Patriotic Front youth rally which is billed to be addressed by President Robert Mugabe and his wife Grace.
National Tyre Services Limited expects a profitable full-year after a 14 percent increase in sales for the first half of the 2018 financial year compared to same period last year and cost containment measures.
Regional asset manager Imara Holdings has merged with Mauritius-registered fund, Kura Capital Limited in a deal that will see the creation of a pan-African fund manager with over $200 million in assets.
Light manufacturing group, Innscor reported an 11 percent increase in net income to $33.69 million in the full-year to June, from $30.48 million in the prior year on cost savings.
The Zimbabwe government today announced a committee to investigate all projects that were undertaken by the Zimbabwe National Roads Administration (ZINARA) in the five-year period between 2011-2016, including the $206 rehabilitation of the Plumtree-Mutare highway, after a forensic audit unearthed financial rot at the parastatal.