President Emmerson Mnangagwa has told his top diplomats to make Zimbabwe’s arrears clearance plan a priority, at a time when the strategy is at risk due to his failure to meet agreed governance benchmarks.
By Panashe Kaletu Betting and gambling have entrenched themselves into the very fabric of Zimbabwean society, offering a tantalising opportunity for financial gain amidst the backdrop of economic instability and soaring unemployment rates.
Edgars has replaced its CEO and its Chief Finance Officer, as majority shareholder Sub-Sahara Capital Group (SSCG) makes changes to shore up the struggling clothing retailer. Tjeludo Ndlovu has stepped down as CEO and...
By Douglas Mutepaire The Zimbabwe War of Independence was pivotal in the nation’s history, but not all of its stories have been told or remembered. While some battles and heroes have been celebrated and...
Pick n Pay says its share of earnings from Zimbabwe fell by 55.8% in the past six months, hit by inflation and exchange losses. The South African company holds 49% of TM Pick n...
Prospect Resources, the Australia-listed exploration company, says it has made “a significant new discovery” at its lithium claim in Goromonzi. The explorer previously struck it rich at Arcadia, where it spent US$25.7 million on...
Tharisa Plc says it will delay commissioning its US$391 million Karo mine in Zimbabwe until June 2025 due to low platinum prices, further signs that weak commodity prices and an uncertain global economic outlook will hurt Zimbabwe’s...
By Chris Kabwato Recently, I wrote about our lackadaisical attitude as Zimbabweans towards record-keeping, and maintaining archives (films, music, books, photographs etc). Zimbabwe: A nation of collective amnesia
The International Monetary Fund (IMF) expects Zimbabwe’s economy to grow by 4.1% this year, growing faster than the 2.5% that it had projected in April. In its World Economic Outlook report released on Tuesday,...
Irvine’s and its long time partner Cobb, one of the world’s largest chicken breeders, are to open a new operation in Tanzania that will supply broiler breeding stock into East Africa. The new project...
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