Brickmaker Willdale hopes selling off its idle land in the in-demand Mt Hampden area will raise the money it needs to turn around its flagging fortunes.
The company will hold an EGM in April...
Maize hectarage fell by 12% this season as farmers planted less due to the drought, and government fears panic buying may cause shortages.
The Ministry of Agriculture’s crop and livestock assessment report says farmers...
These days, nothing seems to get Simbisa Brands more excited than the sight of an empty piece of land. The country’s biggest fast-food company is on its most aggressive expansion streak ever, hatching new outlets rapidly. It...
Australia's Invictus Energy is hopeful it will "within weeks" conclude a production sharing agreement (PSA) with the Zimbabwe government to develop its Cabora Bassa project following years of delays.
The PSA is an important...
Mimosa Mine is retrenching 33 managers and abandoning a key expansion project, in the latest damaging response by platinum producers to falling global metal prices.
The company says platinum prices fell by 35% since...
The US has announced a new Zimbabwe sanctions regime, keeping measures on President Emmerson Mnangagwa and his allies. America is also pulling out of talks for a debt relief deal for Zimbabwe.
What...
The Insurance and Pensions Commission (IPEC) wants insurer FML to pay US$53.7 million and Z$209 million to compensate policyholders for what the industry regulator claims are violations of rules and bad investment decisions.
In...
Zimbabwe is at “a crossroads”, and the decisions the country takes now will decide whether the economy recovers, or faces more years of decline, the World Bank says in a new report.
The report...
Simbisa Brands, Zimbabwe’s biggest fast-food company, opened 31 new outlets in 2023 and plans 27 more, but the growth in customer count is slowing as inflation takes a bite out of consumer spending.
Of...
Impala Platinum (Implats) is delaying projects in Zimbabwe, including a base metal refinery and a 185MW solar plant, in response to falling platinum prices.
In 2021, Impala’s Zimbabwe unit Zimplats announced a US$1.8 billion...
