Running a trucking business in Zimbabwe has its contrasts. Take it from Unifreight, one of the country’s biggest logistics companies which runs Swift and Bulwark. CEO Richard Clarke says Zimbabwe is the region's most expensive place to...
A combination of higher gold output, lower costs and firmer gold prices have delivered a 138% increase in gross profits for Caledonia Mining in the first quarter of 2024.
The company reports an 8.2%...
The United Nations has launched a US$429 million aid appeal to feed 3.1 million Zimbabweans needing urgent food aid after the worst drought in 40 years.
The UN’s Zimbabwe drought response will run from...
South Africa’s Constitutional Court has dismissed a R2-billion-rand claim brought against the South African government by 25 former Zimbabwean farmers.
The farmers say they suffered damages when former President Jacob Zuma in 2014 sided...
African Sun says hotel occupancy is now above pre-COVID levels, and an anticipated further recovery in tourism is encouraging the company to invest more in its hotels.
In 2023, hotel occupancy rate rose to...
Zimbabwean grain millers plan to import 1.4 million tonnes of maize into the country by July next year following a drought that has battered output.
Since last October, GMAZ has imported 427,000 tonnes of...
Econet Wireless, Zimbabwe’s largest telecommunications and technology company, has opened two free remittance corridors into the country, cutting out the cost to both sender and receiver.
Zimbabweans in the United Kingdom and South Africa...
The Reserve Bank of Zimbabwe has kept its benchmark interest rate unchanged at its first policy meeting since unveiling the gold-backed currency, the ZiG.
Governor John Mushayavanhu said in a statement that the monetary...
Cluster homes are all the rage in Zimbabwe, but property company Knight Frank says the trend may not be sustainable. The company has just released its analysis for the second half of 2023, which details the state...
Finance Minister Mthuli Ncube is asking the US government to tell banks that they will no longer be fined for dealing with Zimbabwe.
The country has lost at least 102 correspondent banking relationships as...
