PPC Zimbabwe delivered record dividends to its shareholders, overcoming a drop in cement sales volumes over the 10 months to January.
PPC Africa received US$13 million in dividends from its Zimbabwean unit, up from...
After years of falling production, strikes and widening losses, RioZim has announced the inevitable – it is selling its mines to a new investor.
The company, once one of Zimbabwe's biggest gold producers, has...
Zimbabwe expects a 21% increase in tobacco output this year, but the positive outlook has been dampened by a new policy that leaves farmers with less money for their labour.
The 2024 tobacco selling...
The United Nations World Food Programme (WFP) is shutting down its Southern Africa regional bureau in Johannesburg, at a time the agency is leading efforts to combat the worst drought in the region in four decades.
The Zimbabwean government and platinum producers are again at odds over the timeline for local beneficiation, with miners seeking a further delay in a tax on unrefined minerals. They argue that persistent power cuts have delayed their...
Reversing informalisation may take years, and only a broad set of policy reforms can help Zimbabwe turn tide, a new World Bank report says.
The World Bank’s Zimbabwe Public Finance Review estimates that Zimbabwe...
New investors bought shares in OK Zimbabwe just before the country's biggest retailer shook up its management and laid out a strategy to reverse a crisis that has forced it to close some of its shops.
Zimplats is set to begin the next phase of its 185MW solar project after the first 35MW phase went live last year.
Zimbabwe’s largest platinum producer is developing the project in four phases, with...
Since EcoCash Holdings announced that businessman Tawanda Nyambirai had taken over the company and made some changes, there has been some confusion about who owns what, and what it all means.
First, how did...
The ZB takeover was meant to be a key chess piece in CBZ’s ambitions to consolidate its market dominance and build a big bank with regional clout.
But while the Competition and Tariff Commission...
