A US development agency will be one of the main investors as African fibre company Liquid Telecommunication seeks to raise US$225 million in equity by the end of the year, according to CEO Hardy Pemhiwa.
Zimplats reports a sharp dip in annual post-tax profits, from US$205.5 million in June last year to US$8.2 million, but the company will soon commission two new projects that are key to future growth.
Real Estate Investment Trusts (REITs) hold immense potential to propel property development and accelerate urban renewal. This has been a key talking point ahead of the ZimReal 2024 conference, Zimbabwe’s premier property investment conference. This year’s conference...
By Tatenda Mashanda
In the hushed silence of morning assemblies at Nyachuru Secondary School, our headmaster, Mr. Thomas Kavhai, would stand before us, a figure of passion and developmental fervour.
His...
By Nyasha Chingono
The U.N. World Food Programme has faced challenges in raising $400 million for its southern Africa drought response, collecting just one-fifth of what it needs to help seven countries in the region,...
Delta Beverages’ sorghum beer volumes fell by 10% in the last quarter, as Chibuku faces heat from drought and the rise of competitors like Innscor's Nyathi brand.
In the three months to June,...
By Mike Murenzvi
“Laws are like sausages, it is better not to see them being made.” ~ Otto von Bismarck
On Monday, 11 June 2024, the National Assembly went through the...
By Douglas Mutepaire
Rushinga, a rural district in Zimbabwe, embodies the heartbreaking paradox of a community yearning for progress yet perpetually stuck in the mire. Rushinga stands as a testament to untapped potential...
By Panashe Kaletu
Zimbabweans have begun using Zimbabwe Gold (ZiG) notes and coins, as banks have gathered the local currency from the Central Bank for distribution across the country. The official exchange rate at...
The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the Bulawayo exhibition grounds into a mixed-use commercial development.
Property developer Terrace Africa will develop a shopping complex as the...
