Business

By own correspondent Employees at the state owned power utility ZESA are raking in huge salaries while customers struggle with astronomical bills. Sources say a junior worker at the Zimbabwe Electricity Supply (Sometime) Authority is…
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Stephen Hofstatter A RULING in the North Gauteng High Court yesterday paved the way for the signing today of a historic bilateral investment protection treaty between Zimbabwe and SA.  The ruling, which confirmed a settlement reached…
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Lizwe Sebatha BULAWAYO – Zimbabwe requires more than US$15 billion to finance its latest economic recovery programme, a figure nearly double the US$8 billion Harare failed to raise for a short term recovery programme announced weeks after…
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Andrew Moyo HARARE – A private investor is looking to construct a runway at the controversial Marange diamond field in eastern Zimbabwe to ensure secure movement of the gemstones to a handling facility being built in Harare. A top…
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By Tsverukai Mturikwa Residents in the Inyathi area of Bubi in Matabeleland North petitioned the Ministry of Lands, Rural and Resettlement and the area District Administrator to cancel offer letters issued against local farmer Glen James.…
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HARARE (Reuters) - Zimbabwe has started withdrawing soldiers from diamond fields in the east of the country after recommendations by the Kimberly Process and criticism over rights abuses, state media reported on Thursday. The government…
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Lizwe Sebatha BULAWAYO – Uncertainty over Zimbabwe’s future political path and ongoing seizures of privately-owned commercial farms continue to scare off British companies from investing in the southern African country, according to United…
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By Jane Fields in Vila De Manica, Mozambique THE young dealer in a cap fiddles with his BlackBerry. As he reaches for a beer, I see the stone he's holding. His companion, a Malian, turns to me on this terrace in central Mozambique. "You…
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By Freeman Razemba A vendor was killed in Harare Monday while attempting to resist arrest by municipal police officers who were chasing him, prompting some Mbare residents to run amok, stoning municipal and ZRP police officers and passing…
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Government has provisionally lifted Mhunga Bus Service’s suspension after a State-appointed probe team cleared the transporter of any unprofessional conduct. In a statement yesterday, Transport, Communications and Infrastructural…
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