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...

‘This is my country’ – 20 years on, a younger generation of Zimbabwean white...

Nearly two decades after Robert Mugabe began his ruinous purge of white Zimbabwean farmers, hundreds are returning to the land as tenants of the black beneficiaries of...

5 charts that show the scale of Zimbabwe’s food crisis

The World Food Programme (WFP) says it is rapidly expanding an already sizeable emergency operation in Zimbabwe where drought, flooding and economic meltdown have plunged 7.7 million people...
Zimbabwe mining lithium

Prospect Resources gets 5-year tax break on lithium exports

Zimbabwe will exempt Prospect Resources from paying a levy on unprocessed lithium from its planned Arcadia Mine for five years, which will cut the costs of developing...

BNC names Tagwirei associates to board after takeover, as HY profit rises

Bindura Nickel Corporation (BNC) has appointed three associates of commodity baron Kuda Tagwirei to the board, after the recent takeover of the country’s largest nickel miner by Sotic International,...

Tongaat scandal: How Hippo Valley bosses sugarcoated results for bonuses

Executives at Hippo Valley and Triangle estates overstated sugar sales in order to meet targets and reap bonuses, according to an audit by parent company Tongaat Hullet....

Mthuli budget may increase money supply, RBZ must act – MPC

Finance Minister Mthuli Ncube’s 2020 budget could increase money supply and make it harder to rein in inflation, the Monetary Policy Committee (MPC) says.