After starting 2024 on a positive note, the Zimbabwe Stock Exchange (ZSE) extended its losing streak this Monday afternoon to seven consecutive trading sessions as equities reversed gains posted for the greater part of January. Due to the depreciation of the Zimbabwe dollar which has shed
Opposition ZAPU leader Michael Sibangilizwe Nkomo has raised concern over President Emmerson Mnangagwa's handling of the Gukurahundi genocide purported reconciliation process. Addressing journalists in Harare, Friday, Nkomo denounced what he described as President Mnangagwa's attempt to deceive the public into believing his sincerity in addressing the
Retail giant, OK Zimbabwe Limited continues to sing the blues after posting significant sales volumes drop yet again in the third quarter (Q3) to December 2023, its latest trading update shows. The group has been struggling to make-do with compliance with regulations governing the local currency
TelOne is facing a double challenge of recovering a massive debt from the government and dealing with rampant vandalism of its infrastructure. The company’s CEO, Lawrence Nkala, told journalists on Thursday that the government owed TelOne ZW$184 billion as of January 31, 2023, and that the
The Ministry of Health and Child Care has confirmed that a rare type of poliovirus has been detected in a 10-year-old child from the Sanyati district, Mashonaland West province after presenting acute paralysis at a local clinic. Addressing the media on Thursday, Deputy Minister of Health
The Ministry of Health and Child Care has made an urgent appeal to the World Health Organization (WHO) for an increased supply of cholera vaccines. Addressing the media yesterday, Minister of Health and Child Care Dr Douglas Mombeshora said additional vaccines are needed administer a second dose
Vice President Constantino Chiwenga of Zimbabwe has categorically rejected and denounced what he deems as foreign attempts to entice Zimbabwean students into LGBTQ+ activities through educational scholarships. Chiwenga's remarks comes in the wake of a scholarship advertisement by the Gays and Lesbians Association of Zimbabwe (GALZ)
The CEO Africa Roundtable (CEOART) will host a delegation from the Atlanta Black Chambers (ABC) – America in March this year as part of its initiative to bridge the investment gap between America and Africa. The mission is a follow up to a trip that was
Tanganda Tea Company (Tanganda) has posted a nine percent decline in revenue during the first quarter (Q1) to December 2023 as the mandatory foreign currency liquidation scheme set by the Reserve Bank of Zimbabwe (RBZ) continues to dampen exporters’ earnings. The company is a net exporter
The unfolding narrative of South Africa's electricity saga has taken a dramatic turn, with the ANC-led government facing accusations of mismanagement and failure to secure the nation's energy supply. Amidst this crisis, the Democratic Alliance (DA)'s vocal criticism and push for the privatization of Eskom
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