One of the focus areas of newly appointed Minister of Home Affairs Leon Schreiber is to improve the processes for work visas, which he says are critical for economic growth.
Business has repeatedly complained...
The Zimbabwe Revenue Authority (Zimra) has just released its 2023 report, which shows how the decimation of the formal sector is hurting the government in the pocket.
Here are some of the key takeaways...
South Africa’s President Cyril Ramaphosa has appointed Ronald Lamola as Minister of International Relations, in a new unity government he announced Sunday.
The Cabinet comes a month after the ANC lost it majority in...
FBC Holdings is renaming the Standard Chartered business to Crown Bank, hoping to position the US$26.7 million acquisition as a premium banking offering in a competitive market.
Herbert Nkala, FBC chairman, told shareholders that...
OK Zimbabwe hopes a 15% recovery in sales volumes is a sign that business has turned a corner, after a 29.2% drop in the year to March.
Zimbabwe’s retailers have suffered from low sales...
The central bank expects the economy to grow by 2% this year, slower than the government’s previous forecast of 3.5%, but it is holding interest rates at 20% despite a lower inflation outlook and market calls for...
Zimbabwe's largest sugar producer expects the industry to see a slight increase in output this year, bouncing back from a previous season hit by equipment breakdowns and low prices.
The country produced around 370...
Cluff Africa has signed a non-binding agreement with Zimbabwe’s sovereign wealth fund Mutapa to develop a lithium mine in the southern African country.
Cluff will be assigned a 45% share of licenses at Sandawana,...
Econet Wireless is offering voluntary staff separation to EcoCash employees after shareholders approved a plan to transfer EcoCash's fintech business to to Econet.
The two companies announced earlier this year that Econet was bringing...
Got US$120 million lying around and wondering what to do with it? You could buy Sam Levy’s Village, which has just been put up for sale.The open-air mall was the crown jewel in the empire of businessman...
