OK says market upheaval temporary, upbeat about prospects

OK Zimbabwe, the country’s largest supermarket group, believes the market turmoil precipitated by recent government policies is temporary. The chain is one of the biggest victims of the upheaval caused...

US company reports rise in revenue, thanks to deal for Zim’s controversial voters’ roll

The Americans may not have been too pleased with Zimbabwe’s 2018 election, but one American company profited from it. Ipsidy, a New York-based firm that specialises in biometric identification technology,...

Delta owes foreign suppliers US$41m

Delta Corporation says it owes foreign suppliers US$41 million, as surging demand continues to exert pressure on its forex needs. Delta’s products, especially carbonated soft drinks, have been in short...

Finding oil between rock and hard place: Amid scrutiny, Invictus takes Zim energy prospect...

Until a week ago, not many had heard of Invictus Energy, the company that is prospecting for oil and gas in Muzarabani. For months, the company had bubbled under, acquiring...

Caledonia increases Zim investment, says mine not affected by forex shortage

Caledonia Mining Corporation is to move ahead with the acquisition of a further 15% of the Blanket gold mine in Zimbabwe from local investment group Femiro. The terms of the...

For sale: Canadian firm among 151 willing buyers in Zimbabwe mine fire-sale

The Government will announce the successful bidders for the gold assets it put on sale earlier this year, and more State-owned mines will be put up for sale by...