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...
Contango, the London-listed resources company, is in talks with Afrochine for the supply of coking coal to be produced at Contango’s Lubu project in Hwange.
A statement by Contango says it is in discussions...
COVID-19 created a class of ‘new poor’ in Zimbabwe as company closures and economic decline worsened Zimbabwe’s jobless crisis, according to a research firm.
In its outlook for 2021, Morgan & Co says rising...
Energy explorer Invictus Energy has raised US$6 million in a share placement to fund a seismic exploration in Muzarabani, the next steps towards the development of the gas prospect.
The money will be used...
The Zimbabwe government in 2015 rejected the winner of a tender to install a 200MW diesel power plant because the company is part-owned by Madeline Albright, the former US Secretary of State, and authorities saw this as...
Caledonia Mining posted higher profit for 2020 on record production at Blanket Mine and higher gold prices.
EBITDA rose to US$43.3 million, from US$29.9 million in 2019, as revenue jumped a third to US$100 million.
ZESA rejected a proposal by Kuda Tagwirei’s Sakunda Holdings to buy the failed Dema diesel power plant for US$66 million, Parliament heard on Monday.
Sakunda was in 2015 awarded a contract to install the...
Five months ago, George Roach, the CEO of Premier Africa Minerals, was sounding the frustration shared by many would-be investors in Zimbabwe. He was casting his eyes elsewhere.
Bureaucracy was stalling the company’s investment...
