Ahead of a fresh round of tough wage talks between the Zimbabwe government and its workers, the IMF has cautioned against increasing civil servants’ salaries any further.
It is a sign of the...
Starting Wednesday’s MDC press briefing on Friday’s planned protest, party spokesperson Daniel Molokele could pass as a deacon making routine church announcements.
By the end of the briefing, the placid lawyer had become testy,...
Caledonia Mining has downgraded its guidance on annual production at Blanket Mine to account for lower-than-expected grade and unreliable power supply. Production guidance for 2019 has been cut to between 50,000 and 53,000 ounces, down from...
Zimbabwean businessman Simon Rudland, co-owner of Gold Leaf
Tobacco Corporation and co-founder of Pioneer Transport, was seriously injured
in an apparent assassination attempt in Johannesburg on Wednesday morning,
South Africa’s News24 reports.
Sinenhlanhla Mnguni, head of the...
In just over a month since Zimbabwe dropped the multicurrency system, investors on the Zimbabwe Stock Exchange have lost over US$2 billion, and brokers say the market is now at its lowest value since 2009.
The National Assembly approved the Maintenance of Peace and Order (MOPO) Bill shortly after 4am on Friday, after a marathon session which had earlier seen heated debate over a $10 billion supplementary budget presented last week.
South African alcoholic beverages firm Distell Group said on
Wednesday it expects full-year headline earnings to fall as much as 6% and has
written down the value of its investment in Angola and took a credit loss
provision in Zimbabwe.
Zimbabwe and Eskom have agreed on a payment plan that will lead to Eskom supplying up to 400MW to Zesa - but the South African power utility will only supply Zesa when there’s no load shedding in South...
Zimbabwe's crocodile skin producer Padenga will diversify from the luxury goods market with the acquisition of gold assets through a 50.1% shareholding in Dallaglio Investments.
Dallaglio’s assets include Pickstone Peerless in Chegutu, whose current...
Metbank has been ordered to pay back $20 million worth of Treasury Bills to the National Social Security Authority (NSSA), after a judge said the bank’s court bid to keep the TBs had come “tumbling down in...
