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Fuel Now Constitutes 56% of Vehicle Operating Costs in Zimbabwe

Harare - Fuel now constitutes 56% of a vehicle’s operating costs in Zimbabwe, an industry report has confirmed. This development comes as...

India’s IDBI Bank Q3 loss widens threefold to Rs 4,185 crore 

NEW DELHI - IDBI BankNSE -4.27 % Monday posted widening of loss by nearly threefold to Rs 4,185.48 crore for the third quarter ended...

Zimbabwe Mines, Workers Agree on Wage Hike

HARARE, Zimbabwe’s mining industry and workers representatives agreed to a wage hike on Monday following negotiations to ease workers plight under a grinding economic...

Zimbabwe’s Industries Warn Central Bank Against Fresh Bailouts

HARARE - The Confederation of Zimbabwe Industries (CZI) has warned the central bank that its current intervention to bail out firms with cheaper...

Ex-Steward Bank CEO Assumes BancABC Managing Director’s Role

HARARE - Former Steward Bank chief executive officer, Lance Mambondiani has been appointed managing director at BancABC Zimbabwe, a unit of the...

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