Brick manufacturer Willdale Limited is banking on its property investment strategy to turn around its fortunes after sliding deeper into financial strain, with revenues nearly halved in the first half...
Nedbank Group has sold its 21.2% stake in Ecobank Transnational for US$100 million to Bosquet Investments, an investment vehicle of former Ecobank chairman Alain Nkontchou.The South African lender, wh...
Zimbabwe's fintech ecosystem is gaining international recognition as two local startups, ChatCash and BigDot.ai, have been selected among 22 companies for Visa's Fourth Africa Fintech Accelerator. The...
Zimbabwe has earned US$533,606,263 from the export of 97,088,716 kilograms of tobacco since the start of the year, at an average price of US$5.50 per kilogram, according to the latest weekly report fr...
Chinese nickel producer Tsingshan Holding Group will invest $800 million in expanding its steel plant in central Zimbabwe through its unit Dinson Iron and Steel Company.Tsingshan, among the world's la...
The Dinson Iron and Steel Company (Disco) in Manhize, Midlands Province, has raked in nearly US$100 million in steel sales during the first half of the year, marking a major milestone in Zimbabwe's e...
Transport and logistics group Unifreight Africa Limited (Unifreight) has reduced its reliance on the less-than-truckload (LTL) business from 87% of revenue in 2021 to about one-third in 2025, as the ...
Local Government Minister Daniel Garwe has called on Harare City Council to privatise key service delivery functions, including water supply, wastewater management, refuse collection, and street light...
Seed Co International Limited (SCIL) has earmarked US$7,24 million for capital expenditure (capex) in its current financial year ending March 31, 2026, as the regional seed producer consolidates its e...
Over 2,000 jobs have already been created at Dinson Iron and Steel Company (Disco) in its first operational phase, with the number expected to double as the US$1 billion project expands, a senior gove...
In an urgent bid to curb a rapidly spreading Foot and Mouth Disease (FMD) outbreak, the Zimbabwean government has announced an immediate, nationwide ban on all livestock movement, alongside the dispat...
The Reserve Bank of Zimbabwe (RBZ) has stepped up efforts to promote financial literacy in rural and marginalised communities, directing all banks and microfinance institutions to submit quarterly up...
RioZim Limited says it will appeal against an interim relief granted in favour of the Zimbabwe Diamond & Allied Minerals Workers Union (ZDAMWU), which represents some of the company's employees i...
Murray & Roberts, one of South Africa's oldest and most iconic construction companies, is facing the end of its operations after over 120 years, following the initiation of liquidation proceedings...
The launch of Starlink in Zimbabwe was initially met with excitement, promising high-speed, reliable, and affordable internet in a country long plagued by erratic connectivity and steep costs. Howeve...
Zimbabwe's once-thriving textile industry is facing imminent collapse, crippled by a surge in second-hand clothing imports and rampant smuggling that continue to erode the market share of local manufa...
A senior official at the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has appeared in court alongside his son on allegations of forging company documents to secure a lucrative t...
Small-scale miners have emerged as the driving force behind Zimbabwe's gold output in the first half of 2025, delivering the bulk of the 24.32 tonnes processed during this period.According to data fr...
Zimbabwe's tobacco industry is set for a major boost with the inaugural Zim-China Tobacco Expo, scheduled to take place from September 17 to 19 at the Rainbow Towers Hotel and Conference Centre in Har...
Zimbabwe's crumbling railway system, once the backbone of the economy, has become a major obstacle to growth, inflating transport costs, stifling exports, and threatening emerging sectors such as lit...
THREE artisanal miners lost their lives and two others were seriously injured when a mine shaft collapsed in the Mandindi area near Sino Cement on Wednesday, local authorities confirmed.Gweru distric...
LEGISLATORS have criticised the government for failing to electrify rural communities, a move they say is crucial for driving industrialisation and improving education.In an interview yesterday, Gwan...
A former ZB Bank loan consultant, Cosmas Bhude, has been sentenced to an effective three years and nine months in prison for defrauding clients of more than US$23,000 through a series of fraudulent l...
Zimbabwe is losing millions of dollars through the illicit export of raw lithium, despite a government ban introduced in 2022 to force miners to process the mineral locally. The ban, first imposed un...
A lucrative US$10 million black pepper farming venture at Sable Ranch Farm in Marondera is under serious threat from rampant firewood poaching, with allegations that state security agencies are invol...