Search results for 'Technology'
Companies
Dual Challenge, Single Solution: Old Mutual Launches US$100 Million Renewable Energy Fund
As Zimbabwe grapples with an ongoing energy crisis, Old Mutual Zimbabwe has announced the launch of a US$100 million private equity fund aimed at renewable energy investments. With the country strivi
Sep 24, 2024
World
Bikita Minerals Scales Back Operations: Wake-Up Call for Government to Rethink Lithium Policies
Bikita Minerals has made the strategic decision to reduce its contractor base as it scales back output in response to challenging lithium market conditions. The DMS plant is set to be shut down in Oct
Oct 08, 2024
Companies
Painful Pruning: CBZ Slashes Workforce to Stay Afloat, Leave Hundreds Jobless
CBZ Holdings, Zimbabwe's leading financial institution by deposit base and asset portfolio, has initiated a workforce optimisation strategy, resulting in the retrenchment of 347 employees. This decis
Feb 03, 2025
Companies
Rising Copper Prices, Strategic Pivot to Aluminium: Analysing CAFCA’s Strategic Shift
The surge in global copper prices, while often interpreted as a positive indicator for mining-heavy economies, presents a significant cost burden for manufacturers like CAFCA, which rely heavily on co
Mar 14, 2025
Top Stories
ZiG Weekly Wrap: ZiG Achieves Longest Currency Stability Since 2019, Boosts Corporate Metrics
The Zimbabwe Gold (ZiG), Zimbabwe’s fourth currency iteration within a decade, has maintained exchange rate stability following its devaluation on September 26, 2024, achieving a robust performance ex
Oct 01, 2025Zimbabwe Records its First Trade Surplus in August: A Historic Shift with Fragile Foundations
Zimbabwe has achieved a trade surplus of $7 million in August 2025, its first since July 2019, reversing July 2025’s $10.2 million deficit. Exports increased 0.3% to $878.2 million from $876 million,
Sep 30, 2025