News

  • Zim shuns London gold market, looks elsewhere

    Tuesday, 14 June 2016 CHANNELZIM

    HARARE – Finance minister Patrick Chinamasa says Zimbabwe will not sell its gold on the London Bullion Market Association (LBMA) despite having met the 10 tonne production requirement, but would...

  • Harare Youth Activist Plunges To Death From Hotel Floor

    Monday, 13 June 2016 Radio VOP

    HARARE - A Harare youth activist died on Saturday night when he plunged from the seventh floor of a city hotel under tragic circumstances. Police confirmed the incident. Roy Issa, who was...

  • Zimbabweans show support for Robert Mugabe in 'million man march'

    Wednesday, 25 May 2016 CHANNELZIM

    Thousands turned out to celebrate leader and his Zanu-PF party in response to rally organised by opposition last month. Several thousand Zimbabweans joined a march through Harare in support of...

  • Turnall gets $1mln Dimaf funding, seeks more

    Wednesday, 25 May 2016 CHANNELZIM

    HARARE  – Turnall Holdings says it has secured $1 million from the Distressed Marginalised Areas Fund (Dimaf), but the company is still pursuing other financing options to recapitalise...

  • Strike costing NRZ $250K a day – chairman

    Wednesday, 25 May 2016 CHANNELZIM

    BULAWAYO  — Struggling National Railways of Zimbabwe (NRZ) is losing $250,000 a day and has lost over $14 million overall as its workers continue their strike over unpaid wages, the parastatal...

  • Energy minister on Intratrek: We erred, but no harm done

    Wednesday, 25 May 2016 CHANNELZIM

    HARARE  – Energy Minister Samuel Undenge has admitted that rules were not followed in the payment of a $5 million advance to controversial firm Intratrek, but still insisted that the payout would not...

  • Zimbabwe imports seen falling as South African rand appreciates

    Wednesday, 25 May 2016 CHANNELZIM

    HARARE – Imports into Zimbabwe will drop three percent this year as regional currencies recover against the US dollar, helping Zimbabwe begin to narrow its current account deficit, an advisory firm...

  • Zimbabwe wants trade ban on ivory lifted

    Wednesday, 25 May 2016 CHANNELZIM

    HARARE  - Zimbabwe will lobby for the lifting of an international ban on ivory sales, saying a controlled marketing system would allow the government to raise money to combat illicit poaching and for...

  • Nyagura UZ HIV Prevalence Claims Draw Fire

    Wednesday, 25 May 2016 Radio VOP

    HARARE - Zimbabwean student and youth groups have dismissed recent reports that half of the University of Zimbabwe (UZ) students have tested HIV positive. State media last week attributed the...

  • Zimbabwe halves 2016 growth forecast to 1.4 percent

    Tuesday, 17 May 2016 CHANNELZIM

    Zimbabwe cut its economic growth forecast to 1.4 percent in 2016 from an initial forecast of 2.7 percent, the ministry of finance said, following a devastating drought and weak commodity prices. The...

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