Chengetai Zvobgo

The year in which many had high hopes for economic recovery is already turning into a nightmare especially for equity market investors who have to endure the pain of their wealth shrink on a daily basis.

Staff Reporter

ZIMBABWE’S external debts are growing faster than the economy with the total debt stock rising 21 percent to US$5,7 billion over the last 12 months and 62,9 percent from US$3,5 billion since 2000, as arrears and interest costs mount.

Shame Makoshori, Chief Business Reporter

ZIMPLOW Limited is relocating the bolts manufacturing plant run by its operating division, Tassburg, to Bulawayo as the Zimbabwe Stock Exchange-listed steel products manufacturer moves to capture the southern market.

Staff Reporter

SOUTH Africa-based platinum group metals (PGM) and chrome producer, Kameni, is understood to be planning a fundraising campaign in the United Kingdom to finance its PGM and chrome prospects in Zimbabwe and South Africa, The Financial Gazette can report.

Shame Makoshori, Chief Business Reporter

DIVERSIFIED industrial concern, Apex Corporation, will this year restructure and recapitalise its businesses as it prepares to swing back to profitability, riding on bullish international metal prices and the anticipated recovery in the country's mining industry.

Staff Reporter

PRETORIA Portland Cement (PPC) has said the transfer of its shares from the Zimbabwe bourse to the Johan-nesburg Securities Exchange (JSE) has only received conditional approval from the Reserve Bank of Zimbabwe.

THE mindset for both business and labour is still to change with regard to the profit margins and wages increases they expect.

Staff Reporter

THE world’s two biggest platinum mining groups have moved closer to fulfilling their empowerment quotas, which government is planning to enforce through an indigenisation law widely condemned as hostile to foreign investors.

Shame Makoshori, Business Reporter

KANDA Siabwanda, the chairman of Malange Fisheries at Chalala Lagoon in Kariba, 500 kilometres northwest of Harare, wakes up every morning to embark on a routine adventure that has become part of his daily life.

Chirowa Frank

It is indeed more than a year after the signing of the Global Political Agreement (GPA) in February 2009 and the economy seems to have found its path.