Cabinet has moved the restructuring of ZESA into implementation, consolidating generation, transmission, distribution, system planning and commercial functions under ZESA Private Limited at a time Zim

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

Zimbabwe has secured funding for a massive US$900 million rehabilitation of the Harare to Chirundu Highway and the modernization of the Chirundu Border Post. This strategic investment aims to capture

Stanbic Bank Zimbabwe's integration of UnionPay e-commerce acceptance unlocks a vital new stream of international merchant transactions. As regulatory pressures in Zimbabwe drive down routine domestic

African Sun is moving to dispose of its Holiday Inn operations in Harare, Bulawayo and Mutare to finance the acquisition of Meikles Hospitality's 50% interest in the Victoria Falls Hotel Partnership a

Zimbabwe has entered the second half of 2026 with annual ZiG inflation at 3.2%, foreign currency reserves of US$1.7 billion and an official exchange rate that has remained within a relatively narrow r

Zimbabwe is folding its electricity distribution business into a single ZESA at the same time that business carries a ZWG29.9 billion working capital deficit, defaulted foreign loans and customers who

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

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

Dairibord Holdings, Zimbabwe’s biggest milk processor has begun extracting a stronger return from the production capacity built across its factories, with higher throughput now reaching margins and o

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

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

Medicine availability at public health facilities averaged 47% in June 2026, below the government's minimum stock target of 50%, on figures given to Parliament by Health and Child Care Permanent Secre

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

Samuel Chivaura takes over Stanbic Zimbabwe’s Corporate and Investment Banking franchise from 1 September 2026 He brings more than two decades of Standard Bank experience across CIB, risk, transformat

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

Zimbabwe’s two inflation measures have converged to almost the same rate after describing sharply different price environments during much of the previous year, according to the Zimbabwe National Stat

One of the more revealing findings in the latest Auditor General report is that Air Zimbabwe can produce a clean set of accounts and still remain economically fragile. The Auditor General issued an un

First Capital Bank has started putting its rapidly growing deposit base to work, although the destination of that money gives a more precise picture of the strategy than the headline 28% increase in l

Zimbabwe’s tobacco sales reached 358.4 million kilogrammes by 18 August 2026, extending the country’s record crop while the average price received at the marketing stage fell by about 25% to US$2.49 p