By Mike Murenzvi Over the past 25 years, kombis have taken over the urban public transport system and become the go-to method of transportation for millions of Zimbabweans. The collapse of the Zimbabwe United Passenger Company (ZUPCO), led to, first,...
Spanish-Japanese company Univergy International has announced that it will build 180 MW of solar power generation capacity to supply electricity to miner RioZim. Univergy will partner RioEnergy, the RioZim energy arm that is backed Denham Capital, a resources and energy-focused...
An auction at Robert Mugabe's farm reveals the decay of one of his prized properties. A day ahead of a big auction at Mugabe's Gushungo Dairy Farm, in the Mazowe valley, auctioneers were spraying...
Gold miners will now retain 55% of their export earnings, up from 30%, after a deal with central bank. The Reserve Bank of Zimbabwe (RBZ) has also doubled the export incentive to mines to 20% of the value of...
Banks have urged Zimbabwe's central bank to raise interest rates and lift a two-year old 12% cap, which remained in place despite a partial floating of the exchange rate in February. Reserve Bank...
At a press conference to announce his new Cabinet, President Emmerson Mnangagwa was in a rush to show he had done something new. Why did you appoint Kirsty Coventry, one reporter asked, she has never walked the corridors of power?...
By Washington Samukange and Chancelar Kafere The current global outbreak of the coronavirus disease (COVID-19) has resulted in over 80 000 deaths worldwide. There is no specific treatment, outside of supportive care, that has...
The Confederation of Zimbabwe Industries (CZI), which represents the country's biggest manufacturers, says many of its members are days away from collapse to due to deepening forex shortages. We publish here in full CZI's letter to the...
Zimbabweans are relying on Tesla to help them pay their bills. Amid power outages of as long as 18 hours a day, Econet Wireless, Zimbabwe’s biggest mobile-phone operator, is turning to the California-based automaker and storable-energy...
Econet Wireless and global crop nutrition firm Yara International ASA, have launched “Generation Africa”, an initiative to develop young African agrifoods entrepreneurs. Generation Africa plans to reach thousands of young people through its...
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