Old Mutual Life Assurance Company (OMLAC) has reached a land deal with the government that moves the company a step further in its plans to build a new hotel and conference centre in Victoria Falls.
Charging above the official exchange rate and refusing to take Zimbabwe dollars will attract fines under new regulations gazetted by Government.
There will also be penalties for companies that misuse the forex they get...
The Global Trade Review, the global trade finance magazine, has named the US$296 million project to rebuild Beitbridge Border Post among its top 11 worldwide deals of the year.
Global Trade Review selects the...
CBZ Holdings, the biggest bank in Zimbabwe, plans to list on the U.S. dollar-denominated Victoria Falls Stock Exchange (VFEX), as part of efforts to ignite foreign interest in the lender.
The firm is “actively...
Alrosa, the world's largest producer of rough diamonds, has increased the number of prospecting grants it holds in Zimbabwe and remains optimistic about the potential of the country’s diamond industry to weather the coronavirus pandemic.
Tests have confirmed the presence in Zimbabwe of B.1.617, the COVID-19 variant first identified in India, the Ministry of Health says.
VP Constantino Chiwenga said in a statement today that tests conducted on samples...
By Lean Startup Co
Less Than 21% of Rural Zimbabwe is Electrified.
Once the sun sets, which happens remarkably quickly in this southern African country, if you don’t live in an...
Padenga says it has invested US$40 million in Eureka Mine and projects commissioning in July, reviving a mine that last operated two decades ago.
Resumption of mining at the Guruve mine would be a...
By Isaac Munyuki
In November 2020, the Zimbabwean government launched the National Development Strategy 1: 2021 – 2025 (NDS1), a five-year economic plan. The NDS1 succeeded the Transitional Stabilisation Programme (Oct 2018 – Dec...
Latest updates from two major players in the construction business, Masimba Holdings and Cafca, provide a window into growing demand in the industry.
Masimba Holdings, one of the country’s biggest construction firms, says...
