Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu warns that global market volatility, including a weaker US dollar, could have mixed effects on Zimbabwe’s economy, even as the country benefits from record high gold prices.
Libya’s central bank is suing Zimbabwe’s finance minister and national oil company for more than $100 million.
The claim was filed in November in a UK High Court dealing with commercial issues by Libyan...
Tanganda, Zimbabwe’s iconic tea and fruit exporter, may soon be under Innscor’s control via a proposed US$8 million rights issue.
Tanganda says it is still struggling to recover from the twin shocks of COVID-19...
Invictus Energy has ended talks with Al Mansour Holdings after failing to agree a deal that would have seen the wealthy Qatari fund take an equity stake and fund gas exploration.
Under the original...
Zimbabwe-linked mining deals don’t always attract deep global capital, but stronger-than-expected demand for Caledonia Mining’s new bond issue shows US institutions have an appetite to back some large-scale quality gold projects.
Last week, the...
Mutumwa Mawere, who has died at 66 in South Africa, was one of Zimbabwe’s most influential, and controversial businessmen of the 1990s.
He began his career at the World Bank’s International Finance Corporation (IFC),...
The High Court has ordered the government to release the findings of the Uchena Commission, a major inquiry into state land deals that may have cost Zimbabwe US$3 billion.
President Emmerson Mnangagwa set up...
Caledonia Mining Corporation plans to spend US$162.5 million on capital expenditure this year, which will include funding to help develop what could be Zimbabwe's largest gold mine.
In a production update, Caledonia says it...
Zimbabwe remains committed to curbing inflation, but plans to shift the focus of monetary policy to place more emphasis on managing the money supply, the central bank said.
Writing in a five-year strategy plan,...
UK officials grew so frustrated by the challenges of dealing with an ageing but “depressingly fit” Robert Mugabe in 2004 that they weighed up the pros and cons of using military force to remove the Zimbabwean leader...
