By John Kachembere
Zimbabwe has made strides in curbing illicit financial flows (IFFs), but a more coordinated approach by the country’s many anti-corruption agencies is needed to stop the bleeding, analysts say.
The Industrial and Commercial Bank of China (ICBC), the world's largest bank by assets, has come under pressure to withdraw funding from Zimbabwe’s planned 2,800MW coal-fired power plant at Sengwa.
This leaves what...
Zimbabwe faces prolonged power outages after a surge from South African electricity imports overloaded its network and caused generating plants to fail, Energy Minister Zhemu Soda said.
The surge caused a nationwide blackout in...
Arden Capital, the JSE-listed private equity group that controls African Sun, is reassessing its investments after COVID-19 caused the lowest hotel occupancy rates ever.
Arden, formerly known as Brainworks, says it is “currently reviewing...
Pedestrian Opinion With Mike Murenzvi
“Vana vana, vana vana vana, vana vana vana-vana. Pana vana vangani?”
This is a well-known “Shona” linguistic riddle which, when written, looks like a complete repetition...
Southern African leaders have agreed to deploy forces to help quell a jihadist insurgency in northern Mozambique, but no details have yet been given on the region’s intervention.
The Southern African Development Community (SADC),...
Kuvimba Mining House has paid out US$5.2 million in dividends to shareholders, less than a year after bringing some of the country’s biggest mining assets under its wing with government support.
From white former...
PPC Africa's latest financial report shows the dilemma of many companies invested in Zimbabwe; the good news is there is sales growth, but the bad news is that the currency crisis remains a blot on the books.
Amatheon Agri, a German agribusiness listed on Europe’s Euronext stock exchange, has secured a licence to grow medicinal cannabis in Zimbabwe.
The government awarded Amatheon a renewable five-year licence, the company's CEO said.
By Sharon Mupfure
Reserve Bank of Zimbabwe (RBZ) has stood in the way of plans by Seed Co, the country’s biggest seed producer, to delist the local unit from the Zimbabwe Stock Exchange (ZSE)...
