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ZIMBABWE’S annual broad money increased by 40,81% to US$9,14 billion in June from US$6,49 billion in the same period in...

Oct 12, 2018

Zimbabwe’s per capita income up 14 percent . . . Minister Ncube still thinks its understated . . . Transitional plan prioritises fiscal consolidation

The Zimbabwean economy is understated as the often reported gross domestic product of $18 billion does not reflect its e...

Oct 12, 2018

Barcelos invests $700k for Harare food outlets

INTERNATIONAL restaurant business, Barcelos, is investing $700 000 in establishing two outlets in Harare after an initia...

Oct 12, 2018

Delta says soft drinks plants not operating, attacks govt on policy shift

Beverage maker Delta Corporation on Thursday reported that its half year revenue was up by 37 percent in the first six m...

Oct 12, 2018

Zimbabwe signs $1bln capital raise deal with American hedge fund

Zimbabwe on Thursday signed a Memorandum of Understanding with an American hedge fund, Hondius Capital Management, to ra...

Oct 12, 2018

Chinese firm gets iron ore mining rights

GOVERNMENT has granted Chinese stainless steel giant Tsingshan a special grant to iron ore mining rights in an area arou...

Oct 12, 2018

Mining sector records strong performance

ZIMBABWE’s mining sector has recorded exceptionally strong performance in the first eight months of this year, but prosp...

Oct 12, 2018

Zimbabwe’s Marange diamond fields to be redeveloped

Harare – Diamond explorer, Botswana Diamonds has concluded an agreement with AIM-listed Vast Resources which has set in...

Oct 11, 2018

Organic growth from all its operational divisions boosts Zimpapers’ turnover

Harare – Listed diversified media group Zimbabwe Newspapers (1980) Limited’s turnover for the half year ended June 30, 2...

Oct 11, 2018

Increase in lager beer sales sustains Delta’s revenue growth

Harare – Zimbabwe Stock Exchange-listed beverage maker, Delta Corporation’s revenue increased by 33 percent (30% organi...

Oct 11, 2018

How did we get here? Thoughts on the economic crisis PART1

As the cash crisis gravitate to a currency crisis and an unstoppable re-dollarisation it is imperative to probe the unde...

Oct 11, 2018

Barclays Kenya Unveils Digital Solution for SMEs under ESD Program

Barclays Bank of Kenya through itsEnterprise and Supply Chain Development(ESD) unit has unveiled a digital solution that...

Oct 11, 2018

Dollar shortage 'short-term problem' for miners in Zimbabwe – Minister

A dollar shortage that has sparked outrage from mining companies operating in Zimbabwe is a "short-term problem" that wi...

Oct 11, 2018

CSC courts new investor, seeks Govt approval

THE Cold Storage Company (CSC) has shortlisted a new potential investor to assist in resuscitating the troubled firm and...

Oct 11, 2018

Cooking oil producers say supply is adequate

At a time the country is battling cooking oil shortages, oil producers say they have sufficient crude oil to meet demand...

Oct 11, 2018

Govt to raise $3,4bn from 2 cents tax

GOVERNMENT has potential to raise about $3,4 billion annually through the newly introduced Intermediary Money Transfer T...

Oct 11, 2018

Deepening of existing networks boosts Unifreight turnover

Harare – Transport and logistics company, Unifreight Africa Limited’s turnover for the half year ended June 30, 2018 gre...

Oct 10, 2018

Increase in sales volumes and prime grades in sales mix drives HCCL revenue

Harare – ZSE-listed coal miner Hwange Colliery Company Limited’s (HCCL) revenue for the half year ended June 30, 2018 in...

Oct 10, 2018

RioZim says it has not received its foreign currency earnings since 2016, seeks legal recourse

Harare – In a cautionary statement on the Zimbabwe Stock Exchange on Tuesday, listed mining company RioZim Limited said...

Oct 10, 2018

Economic and currency reforms imminent: Finance Minister

Harare – In a statement on Wednesday, Finance and Economic Development minister, Mthuli Ncube said further to the variou...

Oct 10, 2018

Inflation Rises to 4.3% as Hidden Costs of ZiG Stability Come into Focus

Zimbabwe's annual ZiG inflation accelerated to 4.3% in October 2026 from 3.7% in September and 2.9% in August, as higher transport costs placed renewed pressure on consumer prices. Annual US-dollar in

12 hours ago

Zimbabwe Nears Fresh Milk Self-Sufficiency Target, Dairibord Expands Capacity

imbabwe's commercial milk production is projected to nearly double to 131 million litres in 2026 from 66 million litres in 2017, as years of herd rebuilding, agricultural financing and dairy-sector re

13 hours ago

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

Oct 22, 2026

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

Oct 22, 2026

Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks

VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh

Oct 22, 2026

Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers

Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance

Oct 22, 2026

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

Oct 22, 2026

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026

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