Businessman Strive Masiyiwa says the Zambia transition is “African class” and he will be watching new President Hakainde Hichilema’s policies to decide on possible new investment in the country.
Masiyiwa owns Liquid Intelligent Technologies,...
When Hakainde Hichilema first ran for President in Zambia, his background as a wealthy businessman was used against him.
“Rich people don’t understand the struggles of ordinary people,” an opponent said in the 2011...
Caledonia Mining’s investment in a new shaft at Blanket Mine is starting to show results; ore tonnage reached new records in the second quarter, helping the company double earnings for the period.
The company...
Zimbabwe plans to build a second US$1.3 billion oil pipeline to supply fuel into the country and the region, a deal that would end years of lobbying and rivalry between powerful oil interests.
The Reserve Bank of Zimbabwe (RBZ) says government will use some of its foreign currency tax receipts to clear delayed forex allocations from the auction system.
In its monetary policy statement issued on Thursday,...
Zimbabwe is to receive its first Johnson & Johnson COVID-19 vaccine shots under an African Union rollout that began on Thursday.
The AU has announced the start of monthly shipments of vaccines acquired by...
By Nelson Banya
Zimbabwe has banned the export of raw chrome ore and concentrates to push for local refining. It’s not the first time, and the question is whether this old play will bring...
Hippo Valley is targeting 11,000 hectares in new sugarcane out-grower schemes over the next five years, just as it secured a 20-year extension on its milling licence and got new guarantees on land tenure.
The International Monetary Fund has approved a US$650 billion allocation of Special Drawing Rights (SDRs), to help economies around the world recover from the impact of COVID-19.
“The SDR allocation will benefit all members,...
Finance Minister Mthuli Ncube played it safe in his mid-term budget review statement on Thursday, making no major policy decisions and saying he may not need additional funding for his 2021 budget.
After many...
