Business

Harare City Council (HCC) has cancelled the US$465 290 Mbare biogas digester contract awarded to Synlak (Pvt) Ltd after the company failed to complete the project within set timelines.
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Speaking at the event, Zimoco marketing officer Tafadzwa Nyabuta said the Mitsubishi brand has been available in Zimbabwe for more than 40 years and it was fitting to reignite the passion in the brand.
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Steve Hanke, a Professor of Applied Economics at The Johns Hopkins University in Baltimore, USA, has told Nehanda Radio that Zimbabwe "has one of the worst reputations in the world" when it comes to mining. Hanke was commenting on the…
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Embattled businessman Ofer Sivan's partners have written to the Zimbabwe Anti-Corruption Commission (ZACC) asking for him to be arrested for allegedly lying to the High Court that he was the sole owner of the firm Adlecraft Investments.
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The decision by the government to peg gold dealing licence fees at US$200,000 has been viewed as an outrageous move capable of promoting lawlessness in the precious mineral industry in Zimbabwe.
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Residents of the north-western suburb of Westgate in the capital are up in arms against a Chinese lithium mining company whose trucks are damaging a stretch of Acacia Road since it moved into the neighbourhood.
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Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya has warned companies against borrowing recklessly citing a shortage of foreign currency in the market. This is despite the banking sector having US$2,5 billion in nostro deposits.
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Flamboyant businessman Wicknell Chivayo walked away a happy man after Harare Magistrate Lazini Ncube cleared him in five cases he was was being accused of defrauding the Zimbabwe Power Company (ZPC) of US$5,6 million via the Gwanda Solar…
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The Pomona City ‘within a city’ project in Harare will be built at a staggering cost of US$4 billion. Some individuals who bought stands at the development have already started building their properties following issuance of compliance…
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Zimbabwe, Africa’s largest tobacco producer, opened its tobacco-selling season Wednesday, with a speech by the vice president and eager international buyers.
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