Zimplats spent US$159.1 million on capital projects over the past year, and has laid out an even bigger budget on an expansion programme to grow platinum output.
In the year to June, revenue grew...
Deutsche Bank has cut correspondent banking ties with Stanbic Bank, dealing a body-blow to one of the few remaining international banking providers operational in Zimbabwe.
Stanbic, the local unit of Standard Bank, is the...
The Infrastructure Development Bank of Zimbabwe (IDBZ) says it is shelving two solar power projects of a combined 45MW because of ZESA’s poor transmission infrastructure.
IDBZ will no longer pursue the 15MW Tjibundule solar...
Dairibord and Dendairy have cancelled merger talks, failing to strike a deal on strategy and ownership after over a year of negotiation.
Last year, Dairibord, the country’s biggest dairy company, announced it was discussing...
In the first installment of a regular series for newZWire, "THE ELEPHANT IN THE ROOM", Milayo Ndou argues that a woman’s reputation is fragile, and being a public figure only makes her an easy target. Towards 2023,...
By Miles Tendi
This authorised biography tells the life history of Zimbabwean President Emmerson Mnangagwa, from childhood to presidency. The biography is 153 pages long. It consists of a foreword, an editor’s note by...
Zimbabwe will use more than half of the US$961 million it has been allocated by the International Monetary Fund in the form of special drawing rights to support its beleaguered currency.
The government abandoned...
Prospect Resources, the Australian-listed company developing the Arcadia lithium mine in Zimbabwe, has opened bids for investors willing to fund the project.
Prospect says it has received “multiple enquiries” from “a range of international...
A currency dispute between an independent power producer and power utility ZESA shows how regulatory hurdles continue to dim prospects for private energy investment in Zimbabwe.
ZESA is awaiting the outcome of international arbitration...
For others, it's discrimination. But others say this is the new reality of business and industrial relations under COVID-19.
Mandatory vaccinations, around the world, are gaining ground.
In July, the head...
