By Mukasiri Sibanda
Zimbabwe’s quest to harness mining for transformative development is well enunciated in the National Development Strategy (NDS1) 2021-2025. Aware of the challenges to harnessing the country’s mineral wealth for the benefit...
Marula Mining, a UK mining company focused on Africa, is entering the Zimbabwean market after identifying opportunities in copper and lithium.
The company has established a Zimbabwean arm, Muchai Mining, which will lead Marula’s...
Zimbabwe’s tobacco production is expected to rise 8.5% year-on-year to 230 million kg in 2023 following good rains and as more farmers planted the crop, the industry regulator said on Wednesday.
“It looks like...
OK Zimbabwe must buy 85% of its produce from local farmers under conditions set by the competition regulator for its takeover of three franchises of fruit and vegetable retailer Food Lovers Market.
The company,...
Econet Wireless, Zimbabwe's biggest telecoms company, has reached an agreement with equipment supplier Ericsson to upgrade the network and help it deploy 5G to more areas.
The expansion will include the modernisation of Econet’s...
China National Resources (CHRM), an exploration company listed on the NASDAQ stock exchange, has announced that it could pay up to US$1.75 billion for a lithium operation in Zimbabwe.
In a statement, the company...
Desperate for capital after the pull-out of Russian investors stalled the Darwendale platinum project last year, Kuvimba Holdings wants state-owned Zimbabwe Consolidated Diamond Company (ZCDC) to put in US$400 million for a 33% stake in the operation.
The country’s biggest food manufacturer, Innscor Africa, is laying out its two-year US$127 million investment plan, targeting rapid growth in competitive spaces such as cereals and dairy.
Innscor listed on the VFEX stock...
The number of Zimbabweans granted work visas to work in the UK has gone up by 1,576% since 2019, showing the extent of Zimbabwe’s brain drain crisis.
The number of Zimbabweans who were granted...
Zimbabwe continues to struggle to attract the scale of investment that matches its potential. Many potential investors have stayed away for a variety of reasons; a mix of poor economic and political governance, the currency crisis, and...
