By Tawanda Karombo
In the sweltering mid-October heat of Matobo, one of Zimbabwe's hottest and driest districts, Spiwe Moyo tended her ripening tomato crop. Nearby, underneath a baobab tree, a few emaciated donkeys and a small herd of skinny cattle...
Customer numbers at Simbisa Brands, the country’s largest fast-food company, dropped 33.7% in the year to June, the latest evidence of the collapse of disposable incomes.
The company, which operates brands such as Chicken Inn, opened 14 new outlets in...
By Marcia Kwaramba
Mobile financial services are, in most African countries, born out of crises. In 2011, Zimbabwe had gone through a volatile decade of economic crises – hyperinflation, currency instability and a collapse of the formal financial system. Consumers, mostly...
One of the major contributors to the efficiency of the Zimbabwe platinum mines was the “very different dynamic between employer and employee” on those mines compared with South African operations.
That’s according to Impala Platinum CEO, Nico Muller, who was...
The Reserve Bank of Zimbabwe’s monetary policy committee (MPC) has held interest rates steady as it issued a rosy outlook for inflation, saying the foreign currency auction had managed to slow down prices.
Since the foreign currency auction was launched...
By Farai Shawn Matiashe
Known for their rugged ranges, grassy plains and forest waterfalls, the Chimanimani mountains in eastern Zimbabwe have long been a popular destination for tourists - and gold miners hoping to strike it rich.
Travel restrictions to slow the...
Invictus Energy says it has started field operations in Muzarabani, as part of a programme leading to planned exploration drilling in 2021.
The company has also raised additional funding for the preparatory work by placing more shares with Mangwana, the...
A year ago, Premier African Minerals were buzzing about developing their new investment in Zimbabwe. A year later, after a string of false promises, the UK-listed small-cap miner is voicing its frustrations and looking elsewhere.
Premier is invested in the...
By Mukasiri Sibanda
In 2019, the Zimbabwe government announced a plan to grow the mining sector’s annual earnings to US$12 billion by 2023, which would be a 344% spike from US$2.7 billion earned in 2017.
Gold, platinum and diamonds are earmarked...
When he launched the Transitional Stabilisation Programme in 2018, Finance Minister Mthuli Ncube said his economic recovery plan would need to be underpinned by governance reforms.
According to the TSP: “The values and objectives that anchor the aspirations of Vision...
