CHINA will cancel about US$40 million worth of Zimbabwe’s debt due to mature this year and Harare hopes to facilitate use of the yuan currency in its economy as bilateral trade increases, the Southern African country’s Finance Minister said on Monday. (more…)

THE ruling ZANU-PF party failed to produce resolutions at its recent conference as fears mounted that members would sharply disagree due to escalating internal fissures, which could have uncontrollably boiled over in the event of conflicting views on any declaration, the Financial Gazette can report. (more…)

THE cash-strapped government was this week running around to raise funds to pay its pensioners their statutory monthly payouts, which coincided with salaries and overdue bonus payments to the armed forces. (more…)

IT appears Chris Mutsvangwa has a lot of fire-fighting to do these days. His political career seems to be hanging by a thread as hawks in the ruling ZANU-PF party agitate for his expulsion on the basis that he disrespects party leadership. (more…)

BULAWAYO – A solution to the congestion that usually characterises southern Africa’s busiest inland border, the Beitbridge Border Post, especially during the festive season, is to open another entry point between Zimbabwe and South Africa, a senior tax advisor has said. (more…)

YOUTH, Indigenisation and Economic Empowerment Minister, Patrick Zhuwao (pictured), says he has finalised plans to implement the contentious indigenisation and economic empowerment policy, with proposals for hefty penalties against defaulting firms. (more…)

ZIMBABWE should reduce the royalty fee levied on platinum producers from the current 10 percent to help mining firms offset the impact of low prices, the country’s mining chamber has said. (more…)

THE contribution of banks to financial inclusion has declined and there is need for a change in the business model for the institutions to regain ground. According to a survey titled Making Access Possible declining income and rising unemployment depress the use of formal financial services. (more…)

THE structural shifts that has taken place in the economy requires all sectors, including the banking industry to adopt strategies to catch up with the new trends, a senior government official said Monday. (more…)

HARARE West MP, Jessie Majome says Zimbabweans should start demanding their full rights as provided for in the country’s new Constitution, comments which were backed by the country’s main labour group. (more…)