LATEST ARTICLES

No extra power until you pay US$80m arrears, neighbours tell Zimbabwe

Zimbabwe needs to raise US$80 million to clear arrears with its regional electricity suppliers before it can ramp up imports to ease a critical power shortage. 
Zimbabwe power crisis

Power struggle: How corruption and poor planning left Zimbabwe in the dark

Zimbabwe’s power utility says the rolling power cuts the country is facing have been caused by low water levels at Kariba. This is true, but it is...

Simbisa fast food customer numbers down 33.7% as inflation eats into incomes, but company...

Customer numbers at Simbisa Brands, the country’s largest fast-food company, dropped 33.7% in the year to June, the latest evidence of the collapse of disposable incomes. The company, which operates...

OPINION | Zimbabwe’s restrictions on mobile money transfers are a blow to financial inclusion

By Marcia Kwaramba Mobile financial services are, in most African countries, born out of crises. In 2011, Zimbabwe had gone through a volatile decade of economic crises – hyperinflation, currency instability...
Zimbabwe platinum unki

‘There’s no hierarchy’ – Implats CEO on why Zimbabwean mines are more efficiently managed...

One of the major contributors to the efficiency of the Zimbabwe platinum mines was the “very different dynamic between employer and employee” on those mines compared with South African...
Zimbabwe economy

Reserve Bank sees ‘price stability’ maintained through Q4 due to forex auction, holds rates...

The Reserve Bank of Zimbabwe’s monetary policy committee (MPC) has held interest rates steady as it issued a rosy outlook for inflation, saying the foreign currency auction had managed...

FEATURE | Pandemic spurs illegal gold rush in scenic Chimanimani mountains, raising fears of...

By Farai Shawn Matiashe Known for their rugged ranges, grassy plains and forest waterfalls, the Chimanimani mountains in eastern Zimbabwe have long been a popular destination for tourists - and gold...
Invictus Zimbabwe

Invictus starts fieldwork in Muzarabani, raises more working capital

Invictus Energy says it has started field operations in Muzarabani, as part of a programme leading to planned exploration drilling in 2021. The company has also raised additional funding for...