By Tendai Murisa Zimbabwe will hold harmonised elections on 23 August 2023, literally in less than 60 days. Numerous myths usually emerge around every election. In this instance, the common myths...
Truworths is asking shareholders for more money to stay in business and grow, at a time the clothing brands that once dominated are under pressure from informal retailers. The company wants to raise ZWL$2.2...
By Nyasha Chingono Invictus Energy may sell a stake in its Zimbabwean oil and gas project if its appraisal drilling campaign confirms commercially viable discoveries, managing director Scott Macmillan says.Invictus last month said a mud gas...
Indian engineering company RITES has signed a US$81.2 million contract to supply diesel locomotives and wagons to the National Railways of Zimbabwe (NRZ), Zimbabwe’s first purchase of new rolling stock in decades. RITES will...
Zimbabwe has recorded its highest-ever tobacco output, earning US$793 million so far, and the small-scale farmers who have made it possible are demanding a bigger say in how their crop is sold. Tobacco sales...
FBC Holdings, Zimbabwe’s fourth largest bank by loan book, is to take over the Zimbabwe business of Standard Chartered, which announced last year it was leaving the country and six other markets. FBC will...
Central bank has raised interest rates and shelved the auction as the main forex market, as a reversal of week-old policy measure shows how authorities are struggling to get a handle on the currency crisis.
Parliament has passed the controversial Criminal Law (Codification and Reform) Amendment Bill, meant to punish citizens who "wilfully damage the sovereignty and national interest" of Zimbabwe. The bill contains several changes to existing laws,...
Econet Wireless, the country’s biggest telecoms operator, spent US$66 million on its network last year and grew its voice and data usage, despite Zimbabwe’s currency crisis weighing on the company’s efforts to upgrade service quality.
Could Zimbabwe, a world leader in platinum, one day end up with nowhere to sell one of its most prized minerals? The EU plans to ban conventional cars in just over a decade, and...

Recent Posts