Ahead of the Cabinet announcement, President Emmerson Mnangagwa's spokesman had said we should not expect any major surprises in Cabinet. The surprises did come though, and not in a positive way - the announcement of two family...
Blessing Mudavanhu and Douglas Hoto have no doubt as to what they are trying to create – a big bank with enough clout to take on big projects, and big rivals.
CBZ, Zimbabwe’s...
It was an inauguration event that reminded everyone not to expect a major shift in direction.
As he was sworn into a second term Monday, President Emmerson Mnangagwa vowed to continue his economic policies,...
Zimbabwe’s formal mines added over 50,000 new jobs in 2022 as the industry benefitted from expansion and new projects, according to the Chamber of Mines.
Dave Matyanga, chief economist for the Chamber, which represents...
What does the recent election change for Zimbabwe’s biggest investor? Not much, says Nico Muller, the head of Zimplats holding company Implats. We’ve seen it all before, he suggests.
In 2021, Zimplats announced a...
The government wants to buy the country's biggest sugar estates from Tongaat Hulett, and is opposed to the company's decision to pick a Tanzanian buyer instead. Government says the new buyer may risk the joint plans it...
Western-based creditors expect to resume talks with Zimbabwe on restructuring its US$18 billion of debt, despite doubt over the credibility of last week’s elections, which handed President Emmerson Mnangagwa another five-year term.
Zimbabwe defaulted on its...
Zimplats spent US$304 million over the past year on new projects, part of its US$1.8 billion investment plan, but weaker global platinum prices drove sales down 23%.
The company increased its spending on capital...
The 2023 election was a race between a party more popular than its leader, and another leader more popular than his own party.
President Emmerson Mnangagwa polled less than his party MPs in this...
President Emmerson Mnangagwa says elections are done and preparing for a coming drought is top on the agenda of his new term, but a disputed poll once again raises the risk of another dry season for his...
