MINES minister Winston Chitando yesterday named new boards for the Zimbabwe Consolidated Diamond Company (ZCDC) and the...
Jun 01, 2018
STEWARD Bank recorded 176 000 new customers, which helped grow its profit after tax by 268,4% to $22,45 million for the...
THE Reserve Bank of Zimbabwe (RBZ) now has $1,19 billion worth of liquidity facilities from various foreign institutions...
The Zimbabwe Power Company (ZPC) yesterday started drawing down on the $1 billion facility extended by the Chinese Gover...
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has concluded the acquisition of 100 hectares of land across the...
Coca-Cola Beverages Africa (CCBA), the continent’s largest soft drinks bottler, said on Wednesday it would invest $100 m...
May 31, 2018
The Lerala diamond mine, in the Palapye region of Botswana, on Wednesday sold for more than $8-million in an online auct...
A draft report by the Communications Authority of Kenya (CA) on increasing competition in the telecommunications sector...
Zimbabwe is expected to import crude edible oil worth $200 million this year in an effort to supplement local production...
Only 54% of tobacco farmers have complied with a government directive to destroy all stalks of the crop, risking an outb...
Following its acquisition by FMB Capital of Malawi, Barclays Bank Zimbabwe, says it is investing around $10 million in r...
Mozambique plans to sign an agreement with Rosneft and ExxonMobil on gas field exploration in the north of the country b...
Half of Mozambican building contractors are on the verge of declaring bankruptcy as a result of the economic crisis in t...
The Mozambican government has decided to increase the minimum capital of insurance companies from 33 million meticais (E...
First Mutual Properties is working on modalities to scale down the $50 million investment, which was initially earmarked...
May 30, 2018
LISTED construction firm Masimba Holdings is putting final touches to the construction of Old Mutual’s $21,4 million Sma...
Politics dominated markets on Monday, with risk appetite withering in Europe as Italy lurched toward fresh elections. Th...
Tanzania has directed multinational companies operating in the country's extractive sector to open local bank accounts s...
Kenya's largest telecoms operator Safaricom could be forced to offer rivals access to its transmission sites and its vas...
The Harare High Court has revoked a ban by the Reserve Bank of Zimbabwe (RBZ) preventing cryptocurrency exchanges from a...
Zimbabwe’s trade balance slipped back into deficit in September 2025, recording a shortfall of US$30.8 million after a modest surplus of US$6.9 million in August, a 548.8% swing from black to red. T
Zimbabwe has started the export of silver for the first time in 2025, after only registering three episodes of such in 2024. The country’s first time to export silver was in February 2024 worth US$
Zimbabwe has recorded a 46% increase in irrigated land from 151,000 hectares in 2019 to 221,000 hectares in 2025 in a landmark stride toward climate resilience and national food security according to
On October 28, 2025, President Emmerson Mnangagwa delivered his State of the Nation Address (SONA) to a joint sitting of Parliament in Mt Hampden, Zimbabwe, projecting cautious optimism amid a complex
The Zimbabwe Gold (ZiG) currency is exhibiting a modest resilience this week in the formal market, appreciating by 0.04% against the US dollar last week. This slight gain aligns with broader stabilisa
Gold’s 2025 journey has been a rollercoaster, soaring to unprecedented heights before a dramatic plunge that has left investors questioning its next move. As of October 28, 2025, spot gold prices edge
The Zimbabwe Energy Regulatory Authority (ZERA) and the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) are working on modalities to allow private companies to sell and distribute e
he International Monetary Fund’s (IMF) latest economic projections for Zimbabwe, as outlined in its October 2025 Regional Economic Outlook for Sub-Saharan Africa, paint an ostensibly bright picture fo
