RioZim has put Renco Mine up for sale for at least US$35 million, opening a new phase in the mining group’s turnaround as it seeks to reduce debt, strengthen working capital and concentrate its limit

Innscor Africa, Zimbabwe’s largest food processor plans to spend US$139 million on expansion and maintenance in the financial year ending June 2027, following US$121.2 million of capital expenditure i

National Railways of Zimbabwe is preparing one of its most consequential rolling-stock interventions in years, with Mutapa Investment Fund negotiating a US$115 million Afreximbank facility to acquire

British International Investment’s US$50 million commitment through CABS and NMB Bank places long-term foreign development capital back into the part of Zimbabwe’s economy where financing constraints

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

Zimbabwe’s cement market is approaching a structural change as Shuntai Investments’ USD120 million integrated cement plant in Chegutu moves towards commissioning, targeting the clinker shortage that h

NMB Bank has secured a second financing commitment from British International Investment (BII), with the UK development finance institution increasing its exposure to the Zimbabwean lender through a n

CABS has signed a US$30 million financing partnership with British International Investment (BII) to expand lending to Zimbabwe’s productive sectors, creating an additional source of foreign currency