ART Corporation says its turnover in the four months to January 2018 grew 39 percent to $14.5 million pushed by higher prices and sales across all business units.
Zimbabwe expects to earn $1.78 billion from mineral sales in 2018, up from $1.5 billion last year, Masimba Chandavengerwa, chief executive of the government marketing agency, told a mining conference today.
President Emmerson Mnangagwa has left for the Democratic Republic of Congo on mission to brief the Congolese leader Joseph Kabila on the latest developments in Zimbabwe.
The late Movement for Democratic Change leader Morgan Tsvangirai’s widow, Elizabeth, is reported to have kicked out Tsvangirai’s children from the Highlands mansion which belonged to the former Prime Minister.
After three dark years, Zimbabwe’s biggest agricultural implements maker, Zimplow is back in the black, leaner and more efficient after taking the pain of restructuring and cost cuts.
Rainbow Tourism Group shareholders bought 56.52 percent of the hotelier’s rights offer and linked debentures aimed at raising $22.5 million to restructure its balance sheet and lower debt.
The National Social Security Authority (NSSA) says that government is the biggest debtor, owing the institution more than $3.5 million.
One of Zimbabwe’s longest surviving opposition parties, the Zimbabwe African National Union-Ndonga has been dissolved and its members have been called upon to join ZANU-PF.