Business

LONDON- Zimbabwe’s ailing state run airline, Air Zimbabwe’s woes worsened on Monday after one of its planes was impounded in London by a United States company. The plane was seized by American General Supplies upon landing at London’s…
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Diamonds from Zimbabwe's notorious Marange field have been sold for the first time since the international ban on the country's 'blood diamonds' was lifted. It is reported the notorious state security agency (CIO) will benefit from the…
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Zimbabwe plans to increase diamond mining fees to up to $5.0 million, state media said on Friday, just one month after winning approval from the global "blood diamond" watchdog to export the gems.
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Economic activity has undoubtedly picked up since the introduction of the multi-currency framework but a lot of local business is floundering because of the non-availability of competitively priced capital according to the AAG.
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Zimbabwe's government expects to take in $600 million in additional revenue from diamond sales next year, after a global watchdog lifted its ban on exports, Finance Minister Tendai Biti said on Thursday.
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Does Obert Mpofu think that his personal accumulation of wealth, assets and the creation of a massive business empire in Zimbabwe is going unnoticed? This is an African State, there are no secrets writes MP Eddie Cross.
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De Beers high-quality diamond retail arm Forevermark will not sell any diamonds from Zimbabwe's controversial Marange fields, CEO Stephen Lussier said at the launch of the exclusive brand in SA.
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Quest Motors Manufacturing has invested US$4 million at its Mutare car assembly plant for the production of two Chinese vehicle models. The first consignment of kits from China is expected later this month
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Parliament is set to grill controversial Mines Minister Obert Mpofu over stunning allegations that he demanded a staggering $10 million bribe to grant diamond mining concessions in Chiadzwa to a local consortium and a South Africa-based…
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The discovery of massive diamond deposits in Zimbabwe has led to hundreds of media reports exploring the abuse of human rights and grandscale corruption. It can be difficult to keep up to date with events as they unfold, or to tease out the…
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