THE long-awaited public service staff audit has now been completed in what marks the first step in government’s attempts to flush out ghost workers. (more…)

GOVERNMENT has shelved plans to privatise two State-controlled financial institutions, despite being severely constrained to prop-up struggling parastatals, the Financial Gazette’s Companies & Markets (C&M) has learnt. (more…)

CONTINUED decline in volumes across all lines saw Delta report a 10% drop in revenue in the quarter to June. (more…)

AN unnamed French investor is set to inject around $20 million into MicroKing Finance, a micro lending subsidiary of AfrAsia Zimbabwe Holdings Limited owned by Mauritius-based AfrAsia Bank (ABL) Limited which exited the country early this year and is now disposing of its remaining assets. (more…)

LOANS  to the agriculture sector take up 19% of the total $3.8 billion availed by the banking sector since dollarisation, Bankers Association of Zimbabwe representative and Agribank Head of Strategy Joseph Mverecha said. (more…)

ZIMBABWE'S sole yeast producer has plunged into insolvency after putting its assets, including the head office for sale, signalling the fall of one of the most iconic firms in the country after nearly six decades. (more…)

ZAMBIA can only supply 400 000 metric tonnes over the next 10 months against the 700 000 mt that Zimbabwe is targeting to purchase from the country due to logistical challenges and an un-flexible border post. (more…)

MAJOR referral hospitals across the country are on the brink of collapse owing to rising debts, outdated equipment, poor funding and maladministration, among other pressing issues conspiring to put the lives of ordinary Zimbabweans at risk. (more…)

PRESIDENT Robert Mugabe’s fickle relationship with the West has once again been put to test by the veteran ruler’s abrasive call for African nations to pullout of the International Criminal Court (ICC). (more…)

ON Tuesday last week, Harare mayor, Bernard Manyenyeni, dropped a bombshell. The city’s town clerk, Tendai Mahachi, was stunned. The entire council stood shocked. Dozens of journalists scrambled out to send out the surprise news. (more…)