Zimbabwe has reported its highest number of daily COVID-19 infections since the pandemic began.
A total of 4031 people tested positive for the virus on Tuesday, with five deaths recorded. The previous highest daily...
B2Gold Corporation, the Canadian company that owns mines in Africa and the Philippines, is interested in acquiring gold assets in Zimbabwe.
The mid-tier gold producer, which has mines in Mali, Namibia and the Philippines,...
Zimplats, the country’s biggest platinum producer, says its board has approved new capital investment worth US$1.8 billion in Zimbabwe, with US$1.2 billion already committed for implementation.
The investment will be spread out over the...
Just as some players in Zimbabwe’s tourism industry were starting to get a cheer from small signs of recovery, the new omicron variant and tough government measures on travelers have sent them back into “distress”.
Econet Wireless, the country’s biggest telecoms company, is spending just 3% of its revenues on capital investments due to forex shortages, but is pushing ahead with plans to rollout 5G.
Data traffic increased by...
Caledonia Mining says it is to raise more funds than initially planned from its Victoria Falls Stock Exchange (VFEX) listing, after an “extremely positive Zimbabwe investor response” for its stock issue.
An extra 630,000 more shares will...
Sales volumes at OK Zimbabwe rose by 43% in the six months to September, recovering from the COVID-hit 2020, but a growing tax bill is eroding the benefits of that recovery.
The half-year period...
Cement producer PPC says cement sales volumes in Zimbabwe grew by a better-than-expected 19% in the six months to September, as the industry saw double-digit growth in demand for cement.
PPC, which says it...
By Gloria Dube
The government has picked horticulture as one of the first beneficiaries of part of Zimbabwe’s allocation of US$960 million of IMF money. This has sent a strong signal of how much...
Four Zimbabwean entities have signed over US$188 million worth of agreements with the African Export-Import Bank, with most of the new funding going into energy, the bank said Friday.
Afreximbank said it had signed...
