A REGIONAL regulatory body has blocked Dutch paint and coatings firm, AkzoNobel N, from acquiring a stake in the Mauritian and South African subsidiaries of Japanese chemical firm, Kansai Paint Co Ltd...
KENYA'S leading bank in terms of market capitalisation and customer numbers Equity Group has announced that it has entered into an agreement with Pan-Africa-focused banking group Atlas Mara to acquire...
The Western world judges Zimbabwe at a higher standard than it does other African countries, and that's not entirely a bad thing.The temptation is to demand that the European Union (EU) and the United...
RENOWNED United States economist Steve Hanke says Zimbabwe's annual inflation rate is 69,9%, much higher than the official figure of 4,83%."At present, Zimbabwe's annual inflation rate, by my measure,...
NATIONAL Railways of Zimbabwe (NRZ) has petitioned the High Court seeking an order to compel the Grain Marketing Board (GMB) to pay $710 696 in rental arrears and another order to evict the parastatal...
INCREASED pressure on rental defaults is seen continuing into 2019 given the tough economic environment which has seen rentals on business premises become unaffordable, a real estate executive says.Da...
A Fitch Research Company, BMI, sees Zimbabwe's current account deficit of 0,8% of GDP in 2018 rising to 1,8% in 2019 from 0,8% in 2017 amid the international re-engagement efforts of the new administr...
The forthcoming general elections scheduled for July 30 are literally four weeks away, but public discourse remains focussed on the referee, the Zimbabwe Electoral Commission and the rules of the game...
The central bank has warned that Zimbabwe's recurrent trade deficits poses significant challenges as the country continues to rely on export revenues to generate liquidity and support domestic economi...
TRADITIONAL leaders from Matabeleland region have petitioned President Emmerson Mnangagwa, raising concern over alleged low recruitment of students from Matabeleland at local colleges.In the petition ...
Zimbabwe's current account deficit will widen by 0,8% by year end on the back of an increased foreign currency supply leading to higher imports, a leading industry and financial market analysis firm B...
BANCABC parent, Atlas Mara, has increased its stake in a Nigerian bank to 49%, as it seeks to cement its foothold in Africa's largest economy.In a notice on Tuesday, Atlas Mara said it has agreed to a...
Zimbabwe is part of the countries which are lowly ranked in terms of budget transparency, accountability and citizen participation, an expert has said.Speaking on the sidelines of a transparency works...
THE National Railways of Zimbabwe Contributory Pension Fund has taken one of its Bulawayo tenants, Small and Medium Enterprises Association of Zimbabwe, to court over $13 000 rental arrears. NRZ Pensi...
FORMER Zimbabwe Broadcasting Corporation finance general manager Elliot Kasu and his wife, Patience are both set to be incarcerated after a local property firm filed for their civil imprisonment over ...
THE National Social Security Authority (NSSA) has taken one of its Bulawayo tenants, Fair and Square Investments (Pvt) Limited, to court over rental arrears amounting to $122 514.In summons filed at t...
THERE is a growing trend in Harare where an increasing number of companies is seeking to buy or rent property in residential areas on the periphery of the central business district (CBD), a property ...
Leading car hire firm, Impala Car Rental, is spreading its wings and recently opened a new branch in Victoria Falls as the company continued to gain a foothold on the hospitality industry.Last year th...
FORMER President Robert Mugabe's family business, Alpha Omega Dairy (Pvt) Ltd, has been taken to court by a local property consultancy firm, Levgal Investments (Pvt) Ltd, over a $29 000 rental debt at...
FORMER Health deputy minister Edwin Muguti has been taken to court by his former landlady, Joyce Mako-Mushaninga, over rental arrears amounting to more than $13 600 and failing to properly look after ...
Political analysts yesterday slammed MDC-T Alliance for selling voters opposing development ideologies at the same rally at Kondo in Chipinge on Saturday, describing the union as an alliance of "bodie...
THE Zimbabwe Revenue Authority (Zimra) is spending thousands of dollars on rentals for staff at Forbes Border Post despite having acquired residential stands in 2003 which remain undeveloped, the Audi...
MDC-T Bulawayo provincial leaders yesterday said they would not lose sleep over the 600 party activists who attended embattled deputy president Thokozani Khupe's rally on Sunday, describing the gather...
THE Ministry of Mines and Mining Development has directed miners to pay their ground rentals or risk losing their claims.The call comes after small scale miners in Matabeleland South Province complain...
The National Social Security Authority (NSSA) is struggling to recover debts for unpaid rentals for some of its properties and is contemplating writing them off, particularly smaller amounts, an offic...