Finance Minister Mthuli Ncube has ended subsidies for maize and wheat, a move meant to cut costs, but set to further drive up the cost of staples for already pressed Zimbabwean consumers. Ncube...
Finance Minister Mthuli Ncube has tempered his economic growth expectations for 2020, forecasting the economy to recover 3%, lower than his initial projection of 4.6%. The economy is still expected to shrink by 6.5% this...
Mthuli Ncube has one job when he walks up to the mic in Parliament to present the 2020 budget; put money into the pockets of consumers. The Finance Minister will not have missed the news...
Caledonia Mining says production at Blanket Mine rose over 7% in its latest quarter, despite power outages and rising costs. In the three months to September, gold output dipped 2.4% year-on-year to 13,646 ounces, held...
President Emmerson Mnangagwa's selection of a man with no university education as Deputy Minister of Higher and Tertiary Education, Innovation, Science and Technology is just one of many questionable appointments in last Friday's reshuffle, which goes against...
Impala Platinum Holdings is in talks to buy land in Zimbabwe from rival Anglo American Platinum as the world’s second-biggest producer of the precious metal seeks to boost output from the southern African country, according to people...
As things get tough, more and more Zimbabweans are looking to “prophets” to divine the future and sell them some hope. From their pulpits, out on the streets and in large venues, they draw...
Confidence among mining executives in Zimbabwe has dipped further this year, hit by worries over power cuts, the foreign currency crisis and an uncertain policy outlook, a new industry survey shows. The Mining...
Varun Beverages says Zimbabwe is one of the fastest growing markets for its Pepsi products, although the foreign currency crisis remains a cause for caution. In a conference call with investors on Tuesday, Varun director...
Zimbabweans are spending less on beer and soft drinks as inflation erodes incomes, according to the latest trading update from Delta, the country’s largest brewer and beverage maker. Drinkers consumed 40% less beer in the...
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