Zimbabwe’s biggest diamond miner says it will resume its monthly auction April, ending an eight-month hiatus caused by COVID-19, after a record year of production in 2021. The Zimbabwe Consolidated Diamond Company (ZCDC) beat...
Government has announced a 20% pay hike plus US$100 for its workers, hoping to end a teachers’ strike that disrupted the opening of schools this week. Finance Minister Mthuli Ncube said late on Tuesday...
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. 
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