Delta Beverages says local sugar isn’t up to standard and costs too much, and the country’s biggest beverage producer wants government to support sugar imports – a step likely to make sugar producers bitter.
Zimbabwean-born July Ndlovu became one of South Africa’s top-earning CEOs, steering Thungela Resources into one of the country’s most successful coal producers.
He began his career as a graduate trainee engineer, earning R1,500 per...
The Ministry of Transport handed out millions of dollars' worth of contracts for roadworks in the first quarter of the year. Here are some of the biggest winners.
Top of the pile? Fossil
Businessman Zed Koudounaris is topping up on Innscor shares — again.
He has just spent US$256,143 buying more stock in the country’s biggest food producer at around 47 US cents per share. The move...
OK Zimbabwe plans to raise US$20 million from shareholders and another US$10.5 million from selling some of its properties as part of a comeback plan.
The company owes US$30 million, including US$24 million to...
After years of delays, Zimbabwe’s long-awaited Mines and Minerals Bill has finally been gazetted. The new law aims to modernise the country’s mining legislation, replacing the outdated 1961 Act. The Bill was first drafted in 2015. In...
The Public Service Pension Fund’s (PSPF) move to acquire the Monomotapa Hotel shows how hungry pension funds remain for commercial real estate - even those of a risky kind - as investment options remain limited.
A US$126 million plan to build a new dam for Bulawayo could finally ease the city’s long-running water crisis, but the private financing model may leave residents paying up to three times more for water.
Zimbabwe’s economy “is experiencing a degree of macroeconomic stability” after a sharp contraction last year, the International Monetary Fund (IMF) has said following a recent mission to the country. But it says it will only grant Zimbabwe’s...
By Chris Takudzwa Muronzi and Colleen Goko
Zimbabwe's gold-backed currency now has more than 100% reserve cover and is stable, according to the central bank, but doubts over its credibility remain, underscored by a persistent premium...
