Private equity firm Harith General Partners and the Pembani Remgro Infrastructure Fund are buying equity in a company investing US$296 million to modernize Zimbabwe Beitbridge border, one of Africa’s busiest land border crossings. Zimborders has a 17.5-year concession to design,...
Tanganda has installed a 1.8MW solar plant at one of its tea estates and plans to complete two more solar farms at two other estates by year end, as part of the Meikles group’s plan to expand its agriculture...
By Simon Usborne Even in a normal year, the scene I find inside a luxury car garage in central London would be unusual. It’s here in Marylebone, on a murky November morning, that I find a young Zimbabwean aviation and...
Southern African leaders have agreed on a "regional response" to the Islamist insurgency in northern Mozambique, but there is still no plan on how the region should intervene. Five SADC presidents met at an extraordinary summit in Botswana’s capital Gaborone...
JSE-listed construction firm Raubex Group says it has reached financial close on the US$172.2 million deal to upgrade the Beitbridge border post. Raubex is the main contractor on the project, which was in 2018 awarded to Zimborders, a consortium of...
The tax-heavy 2021 budget may be bad news for many, but not for construction firms. Construction companies had a good comeback in the third quarter after a tough year. Over recent weeks, construction firm Masimba, building materials supplier Turnall, brick maker...
A big part of Finance Minister Mthuli Ncube's 2021 budget is a range of new tax measures to fund his ambitious ZWL$421.6 billion budget. Treasury plans tough tax measures to squeeze more dollars from the economy. The highlight of this...
Caledonia Mining, which runs Blanket Mine near Gwanda, is currently investing in a central shaft that will increase annual output from 50 000 ounces to around 80 000oz from 2022. Here, Caledonia Chief Financial Officer Mark Learmonth updates on progress...
On Tuesday, the main opposition MDC Alliance issued its State of the Economy Address, in which it responded to the National Development Strategy, government's new five-year economic plan. Here, we summarise some of the MDC-A’s main economic proposals, from currency...
By Veronica Zano and Mukasiri SIbanda The drama of the election in the US, a country previously lauded as the beacon of democracy, has grabbed the world’s attention as the incumbent, Donald Trump, has refused to accept defeat. In electoral processes,...

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