GOVERNMENT is prepared to take ‘hard’ measures to reduce its crippling wage bill, which consumes 82 percent of its total revenue and to amend labour laws to make it easier for companies to retrench, finance minister Patrick Chinamasa said at the weekend.…

THE restructuring of ZANU-PF, rolled out last week, is the strongest indication yet that the purge of allies of former vice-president Joice Mujuru is far from over.…

BREAD prices are set to go down this Friday by up to 15% in an effort to support and promote the adaptation of bond coins in the retail and distribution of bread.…

THE energy regulator on Monday said it will cancel one of the licences it issued to Essar Africa to establish a 600 megawatt plant in Kwekwe after the company failed to commence the project on time.…

DISTRESSED national carrier Air Zimbabwe is seeking $260 million to recapitalize as debt continues to blight the airline’s turnaround strategy, acting chief executive officer Edmund Makona said on Monday.…

NON-life insurer, KMFS Insurance, has been suspended from conducting insurance business by the Insurance and Pensions Commission (IPEC).…

ZIMBABWE’S economy is expected to weaken further this year after growing by 3.1 percent in 2014, the International Monetary Fund said on Monday, while the country’s finance minister said Harare expects to clear its arrears to the fund in the next year.…

FINANCE and Economic Development Minister Patrick Chinamasa says the country will spend at least $1. 217 bln on fuel in 2015, down from $1.394 bln in 2014 on expected cost savings largely on the back of the falling global prices.…

A COALITION of Zimbabwe’s churches and civil society organisations the Church and Civil Society Forum (CCSF) is urging Zimbabweans to reconcile and build bridges of peace first in order for the southern African nation to achieve its developmental goals.…