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Zimbabwe Must Concentrate On SMEs - Says US Ambassador

HARARE, February 19, 2012 - THE Government of National Unity (GNU) must concentrate on the small and medium scale enterprises for the economy to pick up, says United States Ambassador to Zimbabwe, Charles ray. ... Full story

Tsvangirai Tours Marange Diamonds Mines

Marange, February 17, 2012 - Zimbabwean Prime Minister Morgan Tsvangirai on Thursday toured four diamond mines in the vast Marange diamond fields where he said he hoped revenue from diamond sales would be channeled to treasury for the benefit of the nation. ... Full story

Chinese Companies Evade Tax

Harare, February 16, 2012 - Some Chinese companies operating in the country indigenous business people are evading tax, a Zimbabwe Revenue Authority senior official has divulged. ... Full story

President Mugabe to launch Mimosa community trust

Harare, February 15, 2012 — President Robert Mugabe will launch the Mimosa Community Share Ownership Trust in Zvishavane on Thursday as government presses ahead with the controversial empowerment programme, programme critics say is meant to curry favour with the electorate ahead of possible elections next year. ... Full story

Banks Limit Withdrawals to US$200 Daily

By Ngoni Chanakira Harare, February 14, 2012 - COMMERCIAL banks in Zimbabwe have slapped a US$200 daily withdrawal limit for customers further frustrating daily chores and business operations in the country. ... Full story

Troubled Air Zimbabwe To Resume Flights

Harare, February 14, 2012 - Zimbabwe’s troubled national airline, Air Zimbabwe, will next week resume domestic flights after suspending local and international flights early last month. ... Full story

Foreign-Owned Banks Sitting On Cash, Claims BAZ

By Ngoni Chanakira Harare, February 13, 2012 - Three of Zimbabwe's foreign-owned commercial banks are alleged to be sitting on more than US$540 million in their accounts abroad, frustrating and worsening the country's cash crisis, the Bankers Association of Zimbabwe (BAZ), has said. ... Full story

Zanu (PF) Youths, Vic Falls Council Blast Mpofu

Roy Chikara in Masvingo Masvingo, February 08, 2012 - Zanu (PF) youths have blasted Minister of Mines, Obert Mpofu for shutting them out of the mining industry by the recent hike of application fees for mines in the country while the Victoria Falls Council has written to the three principals to stop Mpofu from acquiring more assets in the resort town where he now owns about 85 percent of property. ... Full story

Zim Employees Suffer From Job Insecurity- Report

Bulawayo, February 07, 2012- Zimbabwe employees suffer from job insecurity because of fears that the unpredictable political climate can wreck economic havoc resulting in company closures, according to a local human resources consultancy firm. ... Full story

Banks Tighten Screws on Local Companies

HARARE, February 4, 2012 - COMMERCIAL banks in Zimbabwe have slapped a US$10 000 monthly withdrawal limit on all companies operating in the country. ... Full story

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Travel to Zimbabwe

Tourists Arrivals Affected By Indigenisation

Victoria Falls, February 12, 2012 - Victoria Falls deputy mayor and Councillor for Ward One, Bernard Nyamambi said threats by President Robert Mugabe and Zanu (PF) to take over foreign companies has affected tourists arrivals in the resort town, as most of them now prefer to view the falls from the Zambian side.

Confusion As Local Tourists Barred from Victoria Falls

Victoria Falls, February 01, 2012 - There is an outcry in the resort town of Victoria Falls, as most local tourists are being barred from viewing the falls also known as Mosi -oa -Tunya by Zimbabwe Parks and Wildlife Management Authority after failing to produce national identification cards.

Kariba Dam Wall Popular

Kariba, January 18, 2012 - Kariba dam wall remains popular with tourists as Zimbabwe Tourism Authority figures show that visitors increased from 2 413 last May to 6 328 in November.