Mangudya rules out more rate hikes, hints at future role as ‘advisor’

Zimbabwe’s central bank has ruled out further interest-rate increases because they would have potentially negative repercussions, Governor John Mangudya said.  “We’ve already hiked rates...

Truworths is raising new capital, but can the old clothing stores get back into...

Truworths is asking shareholders for more money to stay in business and grow, at a time the clothing brands that once dominated are under pressure from informal...

Invictus may sell stake in gas project, sees future VFEX listing as a ‘logical...

By Nyasha Chingono Invictus Energy may sell a stake in its Zimbabwean oil and gas project if its appraisal drilling campaign confirms commercially viable...

NRZ signs US$81.2m train deal, the first locomotive purchase in 30 years

Indian engineering company RITES has signed a US$81.2 million contract to supply diesel locomotives and wagons to the National Railways of Zimbabwe (NRZ), Zimbabwe’s first purchase of...

Stop the Bleeding Campaign: Can youth numbers count in Africa’s development?

By Mukasiri Sibanda Sometimes it feels like a huge weight to explain the thrust of a campaign. It is even more challenging when it...

Two UK-listed firms clear key milestones in their push to kick off Zimbabwe lithium...

Two UK-listed companies have passed key milestones in their push to start mining lithium at separate projects in Zimbabwe, reflecting sustained interest in Zimbabwean lithium despite an...