David Brown, the former Impala Platinum and Kuvimba Mining House CEO, has died of a reported heart attack in South Africa. Brown, who was 59, served as CFO and then CEO of Implats from...
Zimbabwe's economic measures must be focused on countering the rising threat of rising fertiliser and oil prices, according to CBZ, the biggest lender to Zimbabwean farmers. Exporters, such as miners, may benefit from higher...
Back in November 2018, as prices raged, Obert Mpofu called a press conference. ZANU PF was angry with “unscrupulous businessmen”, the ruling party’s secretary for administration told reporters. But Mpofu was...
CBZ Holdings, the biggest bank in Zimbabwe, plans to invest 2% of its annual income toward green projects. The bank’s plan to increase the use of green energy will include funding solar projects...
Finance Minister Mthuli Ncube wants Parliament to authorise over Z$107 billion in unauthorised spending, but is not saying how the money was spent. Ncube is proposing a Financial Adjustments Bill, which seeks condonation from...
Zimbabwe has asked Russia for more supplies of agricultural commodities and to start fuel supplies, an official says. The Ukraine war has disrupted supplies of wheat from Russia, the world’s number one wheat exporter....
Christmas in 2018 was the worst of times for Delta, the country’s biggest beverage company. A shortage of foreign currency forced the company to shut down its soft drinks plant, losing money during...
Delta Corporation expects consumer demand to remain firm this year, and is launching an “ambitious recapitalisation” to expand its business, but the company is worried about rising inflation, inconsistent government policy and global cereal costs.
A series of investments into Zimbabwean lithium by foreign companies, led by mostly Chinese energy companies and UK explorers, has raised debate on value addition in the sector. Huayou Cobalt bought Arcadia mine from...
Kibo Energy, the UK renewables developer, says it has dropped its interest to acquire the 100MW  Victoria Falls solar park, citing incomplete information from the project's current owners. The company had said in March...

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