Cement producer PPC says cement sales volumes in Zimbabwe grew by a better-than-expected 19% in the six months to September, as the industry saw double-digit growth in demand for cement. PPC, which says it...
By Gugu Lourie Like many people affected by Eskom’s load-shedding, I found myself thinking about technology and how authentic leadership can accelerate development and fight poverty in Africa and the rest of the world.
Economic prospects may be uncertain in Zimbabwe, but the beer is flowing. According to Delta, the country’s biggest brewer and beverage manufacturer, sales volumes were up across all its products in the six...
CBZ has completed the acquisition of 31% of First Mutual Holdings Limited, giving Zimbabwe’s biggest bank a foothold in one of the country’s largest insurance and property firms. In a stock exchange filing on...
By Tapiwa Chagonda The Zimbabwean economy has continued to experience turbulence, despite having managed to weather a devastating spell of hyperinflation which peaked in 2008. One economic area which has remained...
Zimbabwe has been asked to settle a US$70 million debt after it lost an international arbitration case over canceled nickel and platinum ventures between a private company and the state miner more than a decade ago.
Caledonia Mining is to buy Pan African Mining’s gold claims near Gweru, developing its second mine in Zimbabwe and reviving an operation that shut down close to 20 years ago.   Blanket Mine is currently Caledonia’s...
On Monday, the International Monetary Fund (IMF) started distributing Special Drawing Rights (SDRs), worth approximately US$650 billion, to all its members. This issuance of SDRs is aimed at helping countries recover from the impact of COVID-19. 
A Dutch investor is in talks to buy 50% of Ariston’s Claremont Orchards, as the listed agriculture company looks to expand output for exports. Ariston announced on Thursday that it had started discussions with...
By Nelson Banya and Ranga Mberi The government has always denied that businessman Kuda Tagwirei has a key role in Kuvimba, a mining company that has emerged as one of Zimbabwe’s biggest mining firms....
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