At Nestlé Zimbabwe, the factory has capacity to produce 45 million litres of milk per year. But there just isn’t enough milk to push the factory to capacity, a result of the drop in milk production that...
Reserve Bank of Zimbabwe will maintain “a tight” hold on monetary policy over the next half-year to try and tame inflation, governor John Mangudya says. In his latest monetary policy statement released Thursday, Mangudya...
By Ray Ndlovu Zimbabwe plans to set up an exchange-traded fund that will give investors exposure to shares in insurer Old Mutual and cement maker PPC on the Victoria Falls Stock Exchange (VFEX).
By Godfrey Marawanyika Sovereign defaults by both Zambia and Zimbabwe have escalated the Batoka Gorge hydroelectric project cost, with the estimated price climbing 23% to almost US$5 billion. The plan,...
By Chris Chenga At some point, every Zimbabwean wonders: "Why isn't there money in our sports?" The curiosity has become more pertinent as sports business worldwide has exploded to contribute to...
Matshela Energy, owned by former Eskom CEO Matshela Koko, says it has reached a power purchase agreement with power utility ZETDC, paving the way for a project that he previously complained was caught up in red tape.
By Godfrey Marawanyika and Antony Sguazzin A US$42-million dam a century in the making could end water shortages for more than half a million Zimbabweans - and win votes for the ruling party in...
By Enock Muchinjo Legendary Jamaican Steve Bucknor set the benchmark for cricket umpires of African heritage. The man from the West Indies was a colossal figure in the game, umpiring a record 128...
By Ngonidzaishe Makaha One of Africa’s reggae icons, the late Lucky Dube, expressed his music in an imaginative and emotional way that would drive anyone to pause, analyse, reflect, and perhaps institute corrective behaviours...
Zimbabwe has picked Kuwaiti commodities trader Independent Petroleum Group (IPG) to run state-owned oil assets Petrotrade and Genesis Energy, after government cleared out a board that opposed the deal. IPG will partner the...
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