Zimasco (Pvt) Ltd has gone to court to block what it says are attempts by a Kwekwe-based businessman Shepard Tundiya, through his company Avim Investments, to seize control of the mining company.This follows a recent high court...
In Norton, the battle between green energy and coal is playing out near one of Southern Africa’s largest tile manufacturing plants.
Sunny Yi Feng produces over 35,000 square meters of tiles daily for both...
Kuvimba Mining House expects to produce 3,600kg of gold in the financial year ending March, a 12.5% increase from the previous year. To support this growth, the company plans to invest $38 million into its largest operation,...
Zimasco, one of Zimbabwe’s largest ferrochrome producers, has been placed under corporate rescue after papers filed by controversial businessman Shepherd Tundiya claimed the company owes creditors over US$77 million.
Tundiya says his company Avim...
African Sun plans to secure international hotel brands to manage some of its properties once planned renovations are complete.
The company is also closely monitoring whether Meikles Limited, its 50-50 partner in the Victoria...
SADC countries are to begin withdrawing their troops from the DRC, regional leaders said after a meeting on Thursday.
The decision effectively ends the Southern African Development Community Mission in the DRC (SAMIDRC),...
The US government has cut 83% of the U.S. Agency for International Development’s (USAID) global programmes.
Secretary of State Marco Rubio says after a six-week review of USAID operations, some 5,200 projects have been...
Powerspeed, the owner of hardware retail chain Electrosales, says its expansion plans could move at a faster pace if there was certainty on the future of Zimbabwe’s currency policies.
The company is growing its...
Agriculture, renewable energy, and mining will be on the table when the EU brings a delegation of European businesses to Zimbabwe in May.
This will be the first time the EU has hosted such...
Running a business in Zimbabwe means dealing with the unexpected. For Simbisa, the country’s largest fast-food company, the year began with fresh taxes that could bite into sales.
Finance Minister Mthuli Ncube initially proposed...
