The United States Customs and Border Protection (CBP) announced Tuesday it had detained a diamond shipment from Zimbabwe's Marange mines, saying it had obtained information the gems had been produced using forced labour.
U.S...
The Reserve Bank of Zimbabwe has announced a controversial ban on cash transactions on mobile money, a move it says was needed to deal with agents and stores using the cash crisis to charge high premiums on...
Zimbabwe’s President Emmerson Mnangagwa on Tuesday pleaded for time and patience to bring the economy back from the “dead”, as his government faces blame for surging inflation evoking dark days under Robert Mugabe.
Hopes...
Mureza Auto Company, an African car brand, plans to expand production from its plant in the Rosslyn business park outside Pretoria, to the Willowvale Assembly Plant in Zimbabwe and later the former Hyundai Plant near Gaborone in...
The High Court has
ruled against a 2% tax on electronic transactions, imposed by Finance Minister
Mthuli Ncube almost a year ago, but the ruling may not lead to a removal of the
tax.
The ruling came...
Old Mutual Zimbabwe has bought up land at Ngezi in anticipation of a mining boom in on the platinum belt, and is adding properties in Victoria Falls to build a new hotel.
The...
Invictus Energy, the Australian-listed form prospecting for
gas and oil in Zimbabwe, is to begin an environmental impact assessment ahead
of the planned drilling of an exploratory well at Muzarabani.
The Zimbabwe Environmental Management Agency (EMA)...
An IMF team is in Zimbabwe to begin the first review of the Staff Monitored Programme (SMP), as the Fund presses for quicker progress on market reforms.
Gene Leon, Division Chief of the IMF...
Finance Minister Mthuli Ncube has established a nine-member monetary policy committee (MPC), as part of measures to help bring credibility to policy as the economy pushes towards its own currency.
The MPC has been...
The Zimbabwe government has approved a US$51 million farm equipment deal with John Deere, as it looks to plug an implements shortage that it says has depressed harvests.
Under the facility, John Deere’s Africa...
