EFFORTS by former Hurungwe legislator, Temba Mliswa, to stop CBZ Bank from attaching and auctioning of his property over a US$2,7 million loan advanced to his firm failed after the High Court threw out his urgent court application saying it was baseless. (more…)

PRESIDENT Robert Mugabe on Monday said government would soon take amendments on the Labour Act to Parliament for ratification as part of measures to address the challenge of the ongoing arbitrary dismissals of workers triggered by the infamous Supreme Court ruling which gave employers the right to terminate…

GOVERNMENT will soon embark on a massive restructuring of the civil service that will include downsizing ministries and departments, as well as sending people on forced unpaid leave as it seeks to reduce its astronomically high wage bill. (more…)

YOUTH, Indigenisation and Economic Empowerment Minister, Christopher Mushohwe, has come under fire for dragging his feet over the appointment of new boards at the National Indigenisation and Economic Empowerment Board (NIEEB) and the Zimbabwe Youth Council (ZYC). (more…)

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya yesterday made a passionate plea for a boost in production in an export-focused mid-term monetary policy statement that unveiled measures to increase the country’s footprint in foreign markets. (more…)

BELEAGUERED conglomerate, starafricacorporation, has failed to reopen its sugar processing plant after a glitch on an upgrade that now requires additional capital outlay, the Financial Gazette's Companies & Markets can report. (more…)

POLICE have been instructed to arrest ZANU-PF youth league national secretary for administration, Lewis Matutu, for extortion after he allegedly authorised party youths to forcibly take over a school in Caledonia under the pretext that it belonged to First Lady, Grace Mugabe. (more…)

POLICE Commissioner-General Augustine Chihuri, has written a book on the history of policing in Zimbabwe. The book is a partial fulfillment to a doctorate degree he graduated with at the Chinhoyi University of Technology (CUT) affiliated Mt Carmel Institute of Business intelligence on Saturday. (more…)

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya is on Wednesday expected to present his 2015 monetary policy statement (MPS), amidst growing restlessness in an economy plagued by a worsening liquidity crisis and job cuts. (more…)

FINANCE Minister Patrick Chinamasa has revised downwards the country’s economic growth target to 1,5 percent from 3,2 percent but hopes the tax interventions he introduced will reverse the trend. (more…)