Global sea surface temperatures reached 21.1°C on 22 August 2026, the highest daily reading in Copernicus records dating to 1979. The new peak exceeded the previous 21.09°C record set in March 2024 a

Dinson Iron and Steel Company the Zimbabwean subsidiary of Chinese steel and nickel group Tsingshan Holding Groupplans to increase annual steel capacity at its Manhize plant from 600,000 tonnes to abo

Dairibord Holdings has recorded a 30% decline in export volumes during the six months to June 2026 as stronger domestic demand absorbed more of the company’s production. The decline was attributed  t

CBZ Holdings is set to provide US$100 million towards rehabilitation and upgrading of the Harare Chirundu Highway, placing one of Zimbabwe’s largest banking groups directly inside the financing of a s

Shein entered Hong Kong’s equity market this week seeking up to US$1.77 billion from investors at a valuation of approximately US$27 billion, crystallising one of the largest repricings of a major con

Zimbabwe entered the first review of its International Monetary Fund Staff Monitored Program with stronger fiscal numbers than initially expected with revenue collection exceeding programme assumption

Nampak Zimbabwe’s controlling shareholder remains in discussions with potential acquirers almost two years after agreeing a US$25 million exit that subsequently collapsed, extending a disposal process

South Africa is extending its electricity recovery into the price paid for power, with government proposing a 10-year tariff trajectory as part of broader reforms to the country’s electricity market.

Willdale Limited’s sales volumes fell 4% in the quarter ended 30 June 2026 after insufficient stock restricted deliveries during a period of strong demand for bricks from housing and infrastructure pr

The Zimbabwe Stock Exchange-listed diversified group, Amalgamated Regional Trading Holdings, battery volumes in Zimbabwe fell 26% year on year in the third quarter ended June 2026, as working capital

Zimplow Holdings is considering an acquisition that could materially affect its share price, potentially opening another stage in the repositioning of a group that has spent the past year restructurin

Invictus Energy has secured Exalo Rig 202 for its Musuma 1 exploration well and set November 2026 for drilling, reducing uncertainty around rig availability as the company prepares to test another par

Nvidia is moving to remove financing as a constraint on the next phase of artificial intelligence infrastructure growth, bringing six of the world’s largest financial institutions into platforms targe

A consortium including Glencore has submitted a rival recapitalisation proposal for Sherritt International, opening a contest for control of a financially distressed Canadian nickel and cobalt company

Caledonia Mining Corporation’s first half earnings were carried by stronger gold prices after weaker ore grades reduced output at Blanket Mine and pushed production costs sharply higher. Revenue incre

Finance Minister Professor Mthuli Ncube has proposed linking the renewal of local authority vendor licences to compliance with Zimbabwe Revenue Authority presumptive tax requirements, using council re

Zimbabwe Investment Development Agency approved 86 mining licences worth US$768.5 million in the second quarter of 2026, an average approved ticket of US$8.9 million and the largest sectoral allocatio

Zimbabwe has approved 30 Public-Private Partnership (PPP) projects with a projected investment value of US$7 billion since 2018, though fewer than half have progressed into construction or operation,

Nedbank has set a target for one fifth of its earnings to come from outside South Africa as it reshapes its business around Southern and East Africa through the acquisition of a controlling stake in K

Kavango Resources has entered a decisive phase in its Zimbabwe growth strategy after commissioning its 50 tonne per day gold processing plant at the Hillside Gold Project, shifting the company from ex