Padenga says it has invested US$40 million in Eureka Mine and projects commissioning in July, reviving a mine that last operated two decades ago.
Resumption of mining at the Guruve mine would be a...
You can always trust ZANU PF to never waste a good chance to score an own goal. Justice Minister Ziyambi Ziyambi is the latest to lob one into his own net.
First, a quick...
By Isaac Munyuki
In November 2020, the Zimbabwean government launched the National Development Strategy 1: 2021 – 2025 (NDS1), a five-year economic plan. The NDS1 succeeded the Transitional Stabilisation Programme (Oct 2018 – Dec...
Latest updates from two major players in the construction business, Masimba Holdings and Cafca, provide a window into growing demand in the industry.
Masimba Holdings, one of the country’s biggest construction firms, says...
The Zimbabwe Investment and Development Agency (ZIDA) and International Finance Corporation (IFC), a unit of the World Bank, have launched a survey to gauge investor sentiment on the country.
The survey will seek out...
Zimbabwe's inflation rate has slowed down over recent months. The rate fell from 837.5% in July last year to 194.1% in April. Does this mean that prices are coming down? How is inflation measured? How is the...
Zimbabweans spent more on fast foods in the first three months of this year than they did over the same period in 2020, despite COVID-19 restrictions reducing customer numbers.
Simbisa, the country’s biggest fast...
Zimbabwean exporters will be rewarded for exporting more, under a raft of new incentives announced by Finance Minister Mthuli Ncube on Monday.
Exporters, including miners, currently keep 60% of their foreign earnings in hard...
On Monday, President Emmerson Mnangagwa joined other regional leaders at the official opening of the new US$260 million Kazungula Bridge on the Botswana-Zambia border. Apart from the presidents of Botswana and Zambia, the event is also being...
Tharisa, the JSE-listed platinum and chrome producer, has acquired Salene Chrome Zimbabwe for US$3 million as part of its growth strategy in the country.
Salene Chrome is a low-lost property at development stage on...
