CONSTRUCTION & PROPERTY

Murray & Roberts shutting down after 120 years

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...

By Staff reporter | Published: 17 August 2025

TELECOMS & TECHNOLOGY

Starlink users in Zim pay USD$5 regulatory fee

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...

By Staff reporter | Published: 17 August 2025

INDUSTRIALS & ENERGY

Zimbabwe's textile industry on the brink

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...

By Staff reporter | Published: 17 August 2025

INDUSTRIALS & ENERGY

ZETDC official in court over tender documents

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...

By Staff reporter | Published: 17 August 2025

MINING & RETAIL

Small-scale miners lead Zimbabwe's gold deliveries

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...

By Staff reporter | Published: 16 August 2025

LANDS & AGRICULTURE

Zimbabwe-China tobacco expo set for September

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...

By Staff reporter | Published: 16 August 2025

BUSINESS NEWS

Zimbabwe's broken railways threaten lithium, tobacco exports

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...

By Staff reporter | Published: 16 August 2025

MINING & RETAIL

3 killed in mine shaft collapse

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...

By Staff reporter | Published: 16 August 2025

INDUSTRIALS & ENERGY

MPs slam govt over rural electrification delays

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...

By Staff reporter | Published: 16 August 2025

FINANCIAL SERVICES

Ex-bank consultant jailed for US$23,000 fraud

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...

By Staff reporter | Published: 16 August 2025

MINING & RETAIL

Zimbabwe's lithium smugglers defy export ban

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...

By Staff reporter | Published: 16 August 2025

LANDS & AGRICULTURE

Poaching threatens US$10m black pepper project

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...

By Staff reporter | Published: 16 August 2025

INDUSTRIALS & ENERGY

VW urges Zimbabwe owners to respond to airbag recall

Volkswagen owners in Zimbabwe are being urged to take immediate action following the automaker's global recall of certain models fitted with potentially defective Takata airbags. The airbags, which w...

By Staff reporter | Published: 16 August 2025

BUSINESS NEWS

Shell companies siphon US$450m from Zimbabwe, SA

A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion ...

By Staff reporter | Published: 16 August 2025

MINING & RETAIL

Union petitions Minister to halt ZCDC retrenchments

A trade union representing diamond industry workers has petitioned Mines and Mining Development Minister Winston Chitando to stop mass retrenchments at the Zimbabwe Consolidated Diamond Company (ZCDC...

By Staff reporter | Published: 16 August 2025

FINANCIAL SERVICES

Funeral assurance dominates Zimbabwe's insurance market

In Zimbabwe, funeral assurance is more than an insurance product-it is a cultural practice, an economic safeguard, and a psychological comfort all rolled into one. While traditional life insurance pr...

By Staff reporter | Published: 16 August 2025

FINANCIAL SERVICES

Zimbabwe insurers urged to adapt or perish

The Insurance and Pensions Commission (Ipec) has called on Zimbabwean insurers to adapt to digital transformation while expanding into untapped sectors to boost resilience and competitiveness.Speakin...

By Staff reporter | Published: 16 August 2025

MINING & RETAIL

Chinese cement company slapped with US$10,000 fine

Chinese cement manufacturer Shuntai Investments (Private) Limited has been fined US$10,000 for contempt of court after failing to comply with a provisional order halting the construction of its cemen...

By Staff reporter | Published: 16 August 2025

MINING & RETAIL

Zimbabwe labs struggle with a surge in mineral samples

Zimbabwean laboratories are struggling to cope with a surge in mineral samples submitted by mines ramping up exploration activity in response to record gold prices, a mine executive said on Wednesday....

By Staff reporter | Published: 14 August 2025

INDUSTRIALS & ENERGY

Nampak to sell 51% stake in Zimbabwe unit

South African packaging giant Nampak Limited has reached a sale and purchase agreement to divest its 51,43% stake in Nampak Zimbabwe to TSL Limited, subject to regulatory and other suspensive conditio...

By Staff reporter | Published: 14 August 2025

INDUSTRIALS & ENERGY

Beverage makers say 35% RBZ rate hampers growth

Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining gr...

By Staff reporter | Published: 14 August 2025

MINING & RETAIL

Premier Minerals' Zulu Mine project impressive

AIM-listed Premier African Minerals says it is encouraged by progress at its Zulu Lithium Mine in western Zimbabwe, with the second phase of plant test runs at its lithium and tantalum project showin...

By Staff reporter | Published: 13 August 2025

INDUSTRIALS & ENERGY

Zera announces drop in LPG prices

THE Zimbabwe Energy Regulatory Authority (Zera) has announced a reduction in Liquefied Petroleum Gas (LPG) prices in both US dollars and local currency for August 2025.In its latest update, Zera pegge...

By Staff reporter | Published: 13 August 2025

FINANCIAL SERVICES

Zimbabwe banks show strong capital buffers

Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...

By Staff reporter | Published: 13 August 2025

LANDS & AGRICULTURE

Villagers protest secretive timber tender in Zimbabwe

Villagers and local leaders in the Mabale area of Hwange District have voiced outrage over what they describe as a secretive timber harvesting tender awarded to Teak Baron (Pvt) Ltd by the Hwange Rura...

By Staff reporter | Published: 13 August 2025
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