Zimbabwe on Thursday become the first African country to authorise India’s COVAXIN coronavirus vaccine, just a day after the company announced an efficacy rate of 81% in Phase III trials.
The Indian embassy in...
The Confederation of Zimbabwe Industries (CZI) has released its annual manufacturing sector report, which provides a useful picture of how industries are doing.
The report is compiled from surveys of operations of CZI’s members,...
The African Export-Import Bank (Afreximbank) says it has approved US$70 million to help fund the expansion and upgrade of the Beitbridge border post.
Afreximbank will extend a US$43 million senior term loan facility to...
In January 2020, Yanano Mundawarara’s fledgling restaurant in Harare was buzzing. Listening to the loud Friday night laughter from her packed small restaurant near Chisipite, she was convinced that her daring idea to open an eatery was...
Zimbabwe is ripe for Middle Eastern investment in mining, agritech and financial technology, according to the chairman of CBZ Holdings, Zimbabwe's biggest bank and dominant farm lender.
Marc Holtzman, who is also chairman...
It is the classic age-old battle of local communities versus a large agribusiness. A thousand families in Chilonga, one of the country's poorest areas, are about to lose their ancestral land to a project that officials say...
Impala Platinum is to expand processing capacity at Zimplats in order to support increased ouput from its US$290 million investment at Zimbabwe’s largest platinum mine.
Development of two Zimplats mines, Bimha and Mupani, will...
Liquid Telecom, a unit of Strive Masiyiwa’s Econet Global, has raised US$840 million in a bond sale to refinance debt and fund its African expansion.
Liquid engaged JPMorgan Chase & Co, Standard Chartered and...
Zimbabwe’s decision to compel exporters to surrender more of their foreign currency earnings may leave miners unable to fund operations, according to Anglo American Platinum (Amplats), one of the country’s biggest platinum producers.
In...
Cafca, Zimbabwe’s sole cable manufacturer, says projects in mining, retail and utilities lifted its local sales volumes by 47% in the three months to December.
Sales over the six months will come in “well...
