Archive | Business


First Element offers govt some sweetner

GOVERNMENT’S partner at the Zimbabwe Diamond Tender Facility (ZDTF), First Element Diamond Services (First Element), has offered to hand over for free its deep boiling plant to the ministry of […]

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Murowa mine

Randhawa duped RioZim shareholders on Murowa

GLOBAL Emerging Markets (Gem) RioZim Investments, a 44% shareholder in RioZim Ltd, conflicted itself and misled authorities into believing RioZim Ltd had acquired a 78% equity stake of Murowa Diamonds […]

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Chart shows Zimra’s actual collections versus targets for the year ended December 31 2015. Source: Zimra annual tax report.

Government revenues tumble 12%

Zimbabwe’s fiscal space further shrunk in the first half of the year amid indications government revenue collections tumbled 12% in the period under review, showing the economy is crumbling. ‘

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Labour minister Prisca Mupfumira

Labour law reform talks deadlocked

NEGOTIATIONS over the amendment of the entire Labour Act broke down last week with business and labour deadlocked over various issues that include the retrenchment process, businessdigest has learnt. ‘

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A partial view of Nssa’s Beitbridge hotel

Beitbridge hotel up for grabs

THE National Social Security Authority (Nssa) is frantically seeking buyers or tenants for its US$49 million Beitbridge Hotel amid indications the fund has so far received potential proposals from different […]

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