Many lenders have turned to reduce lending to coal, oil, and gas projects while increasing their exposure to renewable energy in an effort to reduce their net carbon emissions to zero by 2050. We will

The European Union has discontinued its financial assistance of US$5 million to the Zimbabwe Electoral Commission (ZEC), the electoral body of the country, in the aftermath of the contested 2023 gener

Multichoice, a leading African broadcasting company recently made headlines with its strategic move to increase funding for its streaming platform, Showmax. This move comes in response to the growing

he Zimbabwe government has allocated ZiG28.3 billion to the Ministry of Health and Child Care for the year 2025. When converted to United states dollars (USD) at the official bank rate of ZiG26 per d

United States’ 47th President, Donald Trump has pulled out from the World Health Organization (WHO), citing systemic inefficiencies in managing global health crises. Trump has articulated concerns r

The Trump administration has proposed to eliminate $555 million in funding for the African Development Fund (ADF), the concessional financing arm of the African Development Bank (AfDB), marks a signif

The Grain Marketing Board (GMB) has secured USD 5 million and ZWG 15 million this week to settle outstanding wheat payments, pushing total disbursements to USD 28 million and ZWG 230 million, accordin

NMB Bank is set to launch an enhanced mobile banking application for corporate and individual clients in the second quarter of 2025, aiming to elevate customer experience and drive fintech innovation,

The Zimbabwe Electricity Supply Authority (ZESA) has announced that Hwange Unit 3, one of its older 80MW generators, will be taken offline for 44 days from September 10 to October 24, 2025, to undergo

Zimbabwe’s largest telecommunications company, Econet Wireless Zimbabwe, has issued a cautionary statement to shareholders announcing that its board is evaluating strategic corporate actions that cou

Caledonia Mining Corporation has successfully closed a US$150 million convertible senior notes offering according to its latest announcement. Originally targeted at US$100 million, the deal was upsize

South Africa has formally acceded to the African Export-Import Bank (Afreximbank), becoming the 54th member state of the Pan-African multilateral lender and completing the country’s entry into the con

Zimbabwe has delivered two cancer treatment machines at its main referral hospitals, marking a significant advancement in public oncology services. According to the Ministry of Health and Child Care

The Industrial Development Corporation (IDC) says that it is not in a position to commit to additional financial support for the embattled sugar conglomerate Tongaat Hulett at this juncture. This fol

Caledonia Mining Corporation Plc has appointed Stanbic Bank Zimbabwe and CBZ Bank as co-lead arrangers for an interim funding facility of up to US$150 million, marking a significant step in the financ

Securities and Exchange Commission of Zimbabwe has approved the Zimbabwe Stock Exchange to operationalise its Small and Medium Enterprises exchange under the brand name Zimbabwe Entrepreneurship Excha

Pretoria Portland Cement Limited (PPC) has reported revenue of R10.255 billion for the year ended 31 March 2026, a 3.9% increase from R9.871 billion in the prior year, with EBITDA rising 31% to R2.079

The COVID-19 pandemic pushed Zimbabwe’s economy into a 6.2% contraction in 2020, expanded the number of citizens in extreme poverty by 1.3 million, pushing the national extreme poverty rate to 49%, wh

Ariston Holdings’ tea production fell 70% to 532 tonnes in the third quarter ended June 2026 from 1,770 tonnes a year earlier, placing the group’s funding structure back at the centre of its operation

The National Social Security Authority (NSSA), a cash-rich State-run pay-as-you-go pension scheme will raise the minimum monthly pension under its Pension and Other Benefits Scheme (POBS) from US$70