Budget deficit widens in Q1

GOVERNMENT spending outpaced revenue by $225 million in the first quarter of 2018, up from $183 million last year, latest official data shows. The data shows government overshot its travel...

A million jobs lost in bloodbath

ZIMBABWE lost over 1 million jobs over the last four years, according to official statistics which contradict the ruling ZANU-PF party’s employment creation claims. The Zimbabwe National Statistics Agency’s (Zimstat)...

Ministers frisked at Mnangagwa event

MINISTERS and top government officials are now being subjected to physical security checks at President Emmerson Mnangagwa’s events, following an explosion at his Bulawayo rally last week. Security around the...

How small miners are making big plays in Zimbabwe

WITHIN hours of Emmerson Mnangagwa being inaugurated, Harry Greaves, executive director of Prospect Resources, got a call from the Ministry of Mines. The Government wanted to...

Star Africa slowly regains lustre

SUGAR processor Star Africa Corporation’s successful debt restructure has helped the company attain a positive net asset value of $1 million in the 2018 financial year, from a net...

Sugar exports in sharp decline

SUGAR exports from Zimbabwe to the United States and regional markets declined 62 percent in the year ended March 2018, due to decreased production and increased local demand, industry...