Private equity firm Takura has reached an agreement to acquire a 57,4% state in sugar processor StarAfrica Corporation from the Zimbabwe Asset Management Company (ZAMCO), according to a corporate announcement on Thursday. “On the...
Meikles is to separately list its subsidiary Tanganda, as the group sharpens its focus on agriculture after selling a key part of its hotels business last year. Advisors on the transaction have been engaged...
The developers of a US$4 billion hydropower plant on the Zambia-Zimbabwe border delayed the project until next year because of the coronavirus pandemic. Pre-construction work on the Batoka Gorge project has been suspended for...
John Deere is expanding its construction equipment line-up to 18 countries, including Zimbabwe, where Deere-branded construction products were previously not available. The company already supplies farm equipment to Zimbabwe, and in 2019 tied up...
Are you wondering why some supermarkets are restricting the amount of milk you can buy? There are three main reasons why milk is in short supply, according to dairy producers. Dairy cows hate...
Gold output at RioZim fell 27% last year due to low-grade ore at its flagship operation Cam & Motor and breakdowns at the smaller Dalny mine. Gold production fell from 1.66 tonnes in 2019...
Caledonia Mining Corp. has started operations at its US$67 million Central Shaft at Blanket Mine, the company announced on Tuesday. The shaft, which has taken six years to complete, was wholly funded through internally...
By Mukai-Sarah Williams Is Zimbabwe turning the ignition on the electric vehicle (EV) market? A large international player has entered the Zimbabwe market and local players are shifting into higher gear to drive demand.
Nhimbe Fresh, the fresh produce exporter, will start work on a 1.9MW solar power facility after South African energy start-up Sun Exchange raised US$1.4 million in a crowd sale that may be a model for similar projects.
Zimbabwe is buying Sinovac vaccines at US$10 a shot, spending US$12 million on the vaccines received from the Chinese manufacturer so far, government says. The country has so far bought a total of 1,2...
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