SHATIRWA Investments (Shatirwa) has applied to the High Court to have Mzi Khumalo’s Zimbabwean gold mining assets placed under judicial management over a $6 million debt. (more…)

  A SORRY industrial scrap yard, that is how the former President Robert Mugabe infamously described the country’s once industrial hub, Bulawayo. Hundreds of companies have closed shop with the existing companies struggling to maintain obsolete equipment and refurbish existing plant and machinery due to the country’s acute…

ZIMBABWE is among six African countries that will close 2019 with double digit inflation, the World Bank has said. (more…)

BRAINWORKS Limited (Brainworks)’s strategic focus on reducing debt has paid off after the listed firm slashed its arrears by 55 percent from $38,3 million. (more…)

THE Zimbabwe Stock Exchange (ZSE)’s Mining Index slipped in the first quarter of 2019 as the base guide failed to pull institutional investors to significantly allocate capital to it from a liquidity and quality perspective, an analyst has said. (more…)

DAVID Whitehead Textiles Limited (DWTL) has applied to the High Court for the cancellation of a share subscription agreement with Elgate Holdings (Elgate). (more…)