The recent announcement by ZESA that it will increase its tariffs by 31% with effect from September 2011 is totally ill-advised and can easily become a threat to national security if it is allowed to stand.
Air Zimbabwe board chairman Jonathan Kadzura has dismissed reports that the embattled airline purchased state-of-the-art aircraft from a French aircraft manufacturer, in a deal estimated at US$500 million.
Zimbabwe police and private security guards employed by mining companies in the Marange diamond fields are shooting, beating and unleashing attack dogs on poor, local unlicensed miners.
Zimbabwe's indigenisation model will create parasitic business owners, but not institutional value or iconic brand creators, blogger Kufara Gwenzi says. He said government should use a “merit-within-need’ approach.
Air Zimbabwe has bought two new A340-200 Airbus passenger planes from France in a deal bankrolled by one of the mining firms licensed to mine at the controversial Marange diamond fields.
HARARE - Zimbabwe's announcement that several multinational companies had a 14-day ultimatum to submit “acceptable indigenisation proposals” has caused panic among foreign investors.
Former Intermarket Holdings Limited Chief Executive Nicholas Vingirai, who fled Zimbabwe in 2004 after he was accused of illegally moving funds abroad, has been arrested by Interpol in Taiwan while on a trip from his safe haven in…
Zimbabwe's year-on-year inflation rate for the month of July went up 0,4 percentage points to 3,3 percent from 2,9 percent the previous month. Year-on-year food and non-alcoholic beverages inflation, prone to transitory shocks, stood at…
Formerly exiled businessman Gilbert Muponda who went back to Zimbabwe and handed himself over to the police on Wednesday has now had all criminal charges against him formally withdrawn.
Collapsed ENG Asset Management director Gilbert Muponda, accused of swindling the firm of over ZW$61 billion in depositors' funds in 2003, handed himself over to police on Wednesday and was subsequently remanded in custody when he appeared…