INDUSTRIALS & ENERGY

Hippo Valley plans more job cuts

Hippo Valley Estates Limited is set to slash more jobs before the end of the 2026 financial year as part of a wide-ranging cost reduction initiative dubbed "Project Zambuko."The move comes as the suga...

By Staff reporter | Published: 04 July 2025

MINING & RETAIL

Securico ordered to pay mine US$675k over gold bullion heist

Security firm DDNS Security Operations, trading as Securico, has been ordered by the High Court to pay US$675,000 to How Mine after it lost nearly 12 kilograms of gold bullion in an armed robbery whil...

By Staff reporter | Published: 04 July 2025

CONSTRUCTION & PROPERTY

Here's who won Zimbabwe govt's biggest road tenders

The Ministry of Transport handed out millions of dollars' worth of contracts for roadworks in the first quarter of the year. Here are some of the biggest winners.Top of the pile? FossilFossil Contract...

By Staff reporter | Published: 04 July 2025

TRANSPORT & TOURISM

Air Zimbabwe pays $1mn to rejoin GDSs

Air Zimbabwe has settled more than US$1 million in outstanding debts to key international service providers, a development that paves the way for its reintegration into global ticketing and code-shari...

By Staff reporter | Published: 04 July 2025

LANDS & AGRICULTURE

Zimbabwe govt owes SeedCo US$40m

Seed Co Limited is reeling from a severe liquidity crisis after the government, its biggest shareholder, failed to pay a staggering US$40 million for seed deliveries made over the past 18 months, the ...

By Staff reporter | Published: 04 July 2025

LANDS & AGRICULTURE

Zimbabwe bullish over 2025 wheat yields

WHEAT farmers have been urged to adopt best agronomic practices to meet a new government production target of 600,000 tonnes for the 2025 season, following a successful planting campaign that exceeded...

By Staff reporter | Published: 04 July 2025

MINING & RETAIL

Zimbabwe gold exports jump 25% in June

Zimbabwe's gold exports soared by 24 percent in the first five months of 2025, reaching US$748 million compared to US$599.2 million during the same period in 2024, according to figures released by the...

By Staff reporter | Published: 04 July 2025

LANDS & AGRICULTURE

Cotton farmers earn over US$3 million

Zimbabwean cotton farmers have sold more than US$3 million worth of seed cotton to the Cotton Company of Zimbabwe (Cottco) so far this season, with the state-run firm confirming it is paying growers e...

By Staff reporter | Published: 03 July 2025

INDUSTRIALS & ENERGY

Zimbabwe hit by nationwide power outage

Zimbabwe experienced a nationwide power outage on Thursday afternoon after a major system disturbance knocked out power generation at Kariba and Hwange power stations, the country's main electricity s...

By Staff reporter | Published: 03 July 2025

TELECOMS & TECHNOLOGY

TelOne struggles to attract investment

TelOne (Private) Limited is facing significant challenges in securing fresh capital for vital infrastructure expansion projects, as legacy debts inherited from the defunct Posts and Telecommunications...

By Staff reporter | Published: 03 July 2025

BUSINESS NEWS

EMF targets expanding medical aid coverage

EMF Medical Aid Society has launched an ambitious strategy to extend medical aid coverage to Zimbabwe's informal sector, low-income earners, and rural communities, aiming to improve health insurance u...

By Staff reporter | Published: 03 July 2025

FINANCIAL SERVICES

AfDB flags Zimbabwe's annual financing gap

Zimbabwe will require more than US$3.7 billion annually to meet its Sustainable Development Goals (SDGs) by 2030, according to a new economic outlook report released by the African Development Bank (A...

By Staff reporter | Published: 03 July 2025

MINING & RETAIL

Chinese miner in Zimbabwe grave rights abuses storm

The Centre for Natural Resource Governance (CNRG) has called on the Zimbabwean government to urgently intervene and halt alleged human rights abuses being committed by a Chinese-linked mining company ...

By Staff reporter | Published: 03 July 2025

INDUSTRIALS & ENERGY

Zed Koudounaris is buying more Innscor stock

Prominent businessman Zed Koudounaris has once again increased his stake in Innscor Africa Limited, Zimbabwe's largest food producer, purchasing shares worth US$256,143 in a move echoing a similar acq...

By Staff reporter | Published: 02 July 2025

INDUSTRIALS & ENERGY

Nestlé Zimbabwe ramps up CEREVITA production

Nestlé Zimbabwe has significantly increased the local production of its popular flagship breakfast cereal, CEREVITA, in response to a sharp rise in consumer demand across the country and the wider so...

By Staff reporter | Published: 02 July 2025

TELECOMS & TECHNOLOGY

MTN struggling in South Africa

South Africa is one of MTN's four biggest markets and service revenue growth remains stagnant in the single digits, says Sanlam Investments portfolio manager Roy Mutooni.Mutooni said that although the...

By Staff reporter | Published: 02 July 2025

BUSINESS NEWS

Zimbabwe strike investment, trade deals at Afreximbank meeting

Zimbabwean business leaders and economic policy figures who attended the recent African Export-Import Bank (Afreximbank) Annual Meetings in Abuja, Nigeria, say the event yielded significant benefits i...

By Staff reporter | Published: 02 July 2025

TRANSPORT & TOURISM

Zimbabwe Tourism Authority in hunt for new CEO

The Zimbabwe Tourism Authority (ZTA) has officially begun the hunt for a new substantive Chief Executive Officer, a strategic leadership role expected to shape and deliver Zimbabwe's vision of becomin...

By Staff reporter | Published: 02 July 2025

TELECOMS & TECHNOLOGY

Vodacom, MTN warned about fighting Starlink

South African mobile network operators are only delaying the inevitable by resisting the local entry of low-earth orbit (LEO) satellite services like SpaceX's Starlink.Continuing to do so could also p...

By Staff reporter | Published: 02 July 2025

CONSTRUCTION & PROPERTY

First Mutual Holdings suffers US$27 million loss

Financial services group First Mutual Holdings Limited (FMHL) has reported a significant after-tax loss of US$27.11 million for the financial year ended December 31, 2024, reversing the previous year'...

By Staff reporter | Published: 02 July 2025

TELECOMS & TECHNOLOGY

TelOne suffers liquidity crunch

State-owned telecommunications giant TelOne Private Limited is facing a serious liquidity crisis amid revelations that the government owes the company US$19.2 million for voice and data services ren...

By Staff reporter | Published: 02 July 2025

MINING & RETAIL

Worker dies in accident at ferochrome site in Kwekwe

A front-end loader operator employed by Tai Hao International Resources (Pvt) Ltd tragically lost his life on Friday while working at the Zimasco (Pvt) Ltd ferrochrome processing site in Kwekwe, Midla...

By Staff reporter | Published: 02 July 2025

TRANSPORT & TOURISM

Fishers want Zimparks to extend fishing depth reprieve

Kapenta fishing operators on Lake Kariba have called on the Zimbabwe Parks and Wildlife Management Authority (ZimParks) to extend the reprieve allowing them to fish at a reduced minimum depth of 17 me...

By Staff reporter | Published: 02 July 2025

TELECOMS & TECHNOLOGY

Potraz certifies 700 data protection officers

In a parallel development focused on digital regulation, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has announced that over 700 data protection officers (DPOs) have be...

By Staff reporter | Published: 01 July 2025

INDUSTRIALS & ENERGY

Zimplow registers US$12,07m revenue in first 5 months

Diversified industrial giant Zimplow Holdings Limited has recorded a 10% increase in revenue to US$12.07 million for the first five months of 2025, as it intensifies efforts to return to profitability...

By Staff reporter | Published: 01 July 2025
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