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From free funds to direct fuel imports, here’s what you need to know from...
Following the end of dollarisation last month and the inevitable confusion that ensued, the Reserve Bank of Zimbabwe (RBZ) has today, July 24, issued its second exchange...
What you need to know about latest IMF report on Zimbabwe
The International Monetary Fund (IMF) has just released a report on Zimbabwe.
In the report, the IMF acknowledges the commitment by President Emmerson Mnangagwa’s...
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Companies
Fossil completes takeover of Lafarge Cement in US$29.7m deal
Fossil Mines has completed the takeover of Lafarge Cement, giving the infrastructure company control of one of Zimbabwe’s biggest cement producers.
Economy
HIGHLIGHTS: Mthuli gives nothing back in tight-fisted Z$4.2 trillion 2023 budget
Finance Minister Mthuli Ncube picked an odd quote to cap off his 2023 national budget statement on Thursday. He quoted Mahatma Gandhi:...
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Fossil completes takeover of Lafarge Cement in US$29.7m deal
Fossil Mines has completed the takeover of Lafarge Cement, giving the infrastructure company control of one of Zimbabwe’s biggest cement producers.
Tharisa extends US$50m Karo bond to mop up demand, but faces...
Tharisa has extended its US$50 million bond issue for Karo Mining, saying it needed to mop up “strong interest” from potential investors....
A mall at Harare showgrounds, hotel among planned property developments for...
A new mall at the Zimbabwe Agriculture Showgrounds and a hotel are among new projects that property developer Terrace Africa plans to...
After requests from Europe and Asia, UK’s Contango plans to start...
By Nelson Banya
London-listed Contango Holdings says it plans to start exporting thermal coal early next year from...
Opinion
OPINION | How Zimbabwean netball is paving its road to dominance
By Chris Chenga
Back in May, the Gems returned to Harare on a wet and cold Sunday evening. They were coming from a Tri-Nations tournament in Malawi. They gave...
OPINION | The course content in Zimbabwean business schools has gone stale. Here are...
By Benjamin Juru
Recently, I had the opportunity to attend a class on the Harvard campus, and what an experience it was.
Attending the classes...
OPINION | Zimbabwe’s new royalty law: A positive step towards more equitable value share,...
By Mukasiri Sibanda
As important strides are made to attain the US$12 billion mining earnings target by 2023, up from US$2.7 billion recorded in 2017, the big question is...
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Covid-19 (Coronavirus) Statistics
Confirmed cases in Zimbabwe:
Deaths in Zimbabwe:
Map of worldwide Covid-19 Info below
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.
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...
Fossil completes takeover of Lafarge Cement in US$29.7m deal
Fossil Mines has completed the takeover of Lafarge Cement, giving the infrastructure company control of one of Zimbabwe’s biggest cement producers.
The deal reportedly...
Tharisa extends US$50m Karo bond to mop up demand, but faces regulatory delay
Tharisa has extended its US$50 million bond issue for Karo Mining, saying it needed to mop up “strong interest” from potential investors. A regulatory holdup may also...
A mall at Harare showgrounds, hotel among planned property developments for newly-listed Tigere
A new mall at the Zimbabwe Agriculture Showgrounds and a hotel are among new projects that property developer Terrace Africa plans to add to the portfolio of...
After requests from Europe and Asia, UK’s Contango plans to start coal exports from...
By Nelson Banya
London-listed Contango Holdings says it plans to start exporting thermal coal early next year from its Zimbabwe mine following requests...
Checking out: One of Victoria Falls’ biggest hotels is shutting down over a contract...
The Kingdom Hotel, one of the most recognisable features in Victoria Falls, is shutting down in January after a lease dispute.
The hotel will...
RBZ’s tight monetary policy: Here’s what leading consumer companies are saying about it
Authorities are toasting the slowdown in inflation as a victory for central bank’s tight monetary policy, but reports by consumer companies show the damage the measures are...
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