Business

If SMM was, indeed, state indebted, why was there a need to introduce new draconian legislation to protect a genuine creditor? If Mawere used state guarantees to acquire SMM, then why was it necessary for the same state to use a nominee…
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HARARE (Reuters) - Zimbabwe police have arrested six directors linked to a joint venture mining diamonds in the controversial Marange gem fields on allegations of fraudulently acquiring the concession, state media reported on Thursday,…
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AAG notes with satisfaction that Zimbabwe has stayed the path of the Kimberley Process despite unmitigated frustration and political chicanery by some Kimberley Process members who have imposed unilateral economic sanctions on our country.
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JERUSALEM- Zimbabwe plans to resume selling diamonds from its controversial Marange fields within days, saying it fully meets the standards required by the body that regulates trade in conflict diamonds. "We have done everything in our…
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The Indigenous Petroleum Group of Zimbabwe challenged Masawara Plc’s bid to buy BP and Shell. They wrote to Zimbabwe’s National Indigenization and Empowerment Board to ask why black-owned companies now leasing BP and Shell assets weren’t…
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Prosecutors have dropped charges against Zimbabwean activist Farai Maguwu, who had been accused of endangering national security by exposing rights abuses in diamond fields, his lawyer said Friday. "The state has withdrawn charges against…
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Zimbabwe’s controversial economic indigenisation drive could force top South African retailer Massmart to quit the country, chief executive officer Grant Pattison told the media. Massmart, South Africa's third-largest retailer by value is…
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The Minister of Energy and Power Development, Elton Mangoma has said the power utility Zimbabwe Electricity Supply Authority has started a rehabilitation programme that will put a stop to load shedding. Mangoma commended people for their…
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Econet Mobile UK has confirmed that award-winning artist Jusa Dementor will be one of their Brand Ambassadors. The well-known Zimbabwean-born producer/artist and MC will feature in the advertising campaign for Econet Mobile products and…
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Econet Mobile has confirmed its agreement with Ndoro Children’s Charities to sponsor this year’s annual Ndoro Children’s Charities Fundraising Gala at the Millennium Gloucester Hotel. Expected are headline US act Sister Sledge leading the…
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