A High Court consent ruling directing the Ministry of Finance to publish details of foreign loans is an important step towards transparency, but may not go far enough if it does not pierce the veil covering a huge central...
By Takura Zhangazha There is an increasing ambiguity when influential Zimbabweans debate their current government’s macro-economic policies.  This is probably because they do not have structured differences with its neoliberal/free market/ease of doing business thrust. Ordinary Zimbabweans are not so ambiguous in...
Nigeria’s biggest bank is in talks to take over BancABC and other African assets of pan-African banking group Atlas Mara. Access Bank Plc is interested in Atlas Mara’s businesses in Botswana, Zimbabwe and Zambia, Bloomberg reported, citing sources familiar with...
Caledonia Mining says the equipping of the central shaft at Blanket Mine is now complete, on track for commissioning in the first quarter of 2021. The project entailed deepening the shaft to 1,200 metres in order to access more resources....
Private equity firm Harith General Partners and the Phembani Remgro Infrastructure Fund are buying equity in a company investing US$296 million to modernize Zimbabwe Beitbridge border, one of Africa’s busiest land border crossings. Zimborders Mauritius has a 17.5-year concession to...
Tanganda has installed a 1.8MW solar plant at one of its tea estates and plans to complete two more solar farms at two other estates by year end, as part of the Meikles group’s plan to expand its agriculture...
By Simon Usborne Even in a normal year, the scene I find inside a luxury car garage in central London would be unusual. It’s here in Marylebone, on a murky November morning, that I find a young Zimbabwean aviation and...
Southern African leaders have agreed on a "regional response" to the Islamist insurgency in northern Mozambique, but there is still no plan on how the region should intervene. Five SADC presidents met at an extraordinary summit in Botswana’s capital Gaborone...
JSE-listed construction firm Raubex Group says it has reached financial close on the US$172.2 million deal to upgrade the Beitbridge border post. Raubex is the main contractor on the project, which was in 2018 awarded to Zimborders, a consortium of...
The tax-heavy 2021 budget may be bad news for many, but not for construction firms. Construction companies had a good comeback in the third quarter after a tough year. Over recent weeks, construction firm Masimba, building materials supplier Turnall, brick maker...
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