CHAOS  reigned last week at Chisumbanje ethanol plant after Green Fuel called in riot police to disperse its employees who were on strike over the non-payment of salaries. (more…)

ZIMBABWE needs urgent reforms to reduce its labour, utility, funding and tax costs, which are considerably higher than those of its regional peers and make it less competitive than its trading partners, a local economic think tank has said. (more…)

CUTHBERT Dube was ousted as the Zimbabwe Football Association president (ZIFA) on Saturday after the association’s councillors revoked his mandate at an Extraordinary General Meeting (EGM). (more…)

ZIMBABWE’S annual inflation for April shed 1,45 percentage points to -2,65 percent from the March rate of -1,20 percent according to figures released by the Zimbabwe National Statistics Agency (Zimstats) on Friday. (more…)

ELECTRICITY supplies to households and industries will plunge by 400 megawatts (MW) after the Zambezi River Authority (ZRA) reduced water allocation for power generation at the Kariba Dam by nearly 30 percent, the Financial Gazette can exclusively reveal. (more…)

MICRO-FINANCE institutions (MFIs) face closure due to government’s failure to remit money deducted from civil servants’ salaries for credit facilities from the financial institutions, the Financial Gazette can report. Government has not remitted money deducted from civil servants' salaries for payment of creditors for the past three months.…

THREE months after he was sacked from government, former Masvingo provincial affairs minister Kudakwashe Bhasikiti is turning the heat on the very administration that made him unpopular with families whose homes were destroyed by the Tokwe Murkosi floods in February 2014. (more…)

SABMiller’s Zimbabwe beverage manufacturer Delta Corporation reported a four percent decline in revenue to $576,6 million for the full year to March 2015 on depressed sales values and volumes from both its sparkling drinks and larger beers. (more…)

WORKER  at Zimbabwe’s sole ethanol producer, Green Fuel, have gone on strike after going for seven months without being paid, paralysing operations at its Chisumbanje plant, officials said on Tuesday. (more…)

as Asset management firm goes into liquidation. THE High Court has extended the current provisional order for Tetrad Investment Bank's judicial management to August 6 while subsidiary TFS Management has been placed under provisional liquidation. (more…)