A UAE company is to have conservation rights over 7.5 million of Zimbabwean forest under a carbon-credit deal with the country.
With an area of almost 20% of the country’s land mass, the...
With the recent changes to the Sovereign Wealth Fund (SWF), the Mutapa Fund, President Emmerson Mnangagwa is building a new empire of parastatals away from the influence of his Ministers.
For Finance Minister...
One of the country’s biggest retail chains is calling it the “forced death” of Zimbabwe’s supermarkets.
Supermarkets are full of goods, but low on customers. The shoppers are at the “tuck shops”, informal...
Dallaglio, the gold mining arm of Padenga Holdings, produced 16% more gold in the first half of the year and expects further growth as it brings a newly refurbished underground mine into production.
Gold...
By Kudzai Mashininga
When Roland Tatenda Ndowa arrived on campus at the National University of Science and Technology (NUST) in Bulawayo, he soon realised how his fellow students were struggling to find accommodation.
South Africa’s Moti Group announced plans to start mining lithium in Zimbabwe and build a US$1-billion battery factory, but executives suspected there was no lithium at the site, a report says.
In a “sponsored”...
Metro Peech & Browne is one of the country’s biggest wholesalers, it has just built a large new store in Harare, and it is backed by a European private equity fund. So, why has the business failed?
PPC’s cement sales grew by 42% in the first five months of this year, as the company recovered from a plant maintenance shutdown last year and benefitted from home construction and infrastructure projects.
The...
The European Union is cutting its US$5 million aid support to the Zimbabwe Electoral Commission (ZEC) in response to its handling of the August elections.
EU’s withdrawal of support points to an even tougher...
Why is property in Zimbabwe so expensive compared to the region? It’s all about demand and supply and the high costs of construction, according to one of the country’s leading real estate investors.
Zimbabweans...
