FINANCIAL SERVICES

Stanbic Bank Zimbabwe, MSU unveils scholarship programme

Stanbic Bank Zimbabwe and Midlands State University (MSU) have formalised a landmark partnership through the launch of an undergraduate scholarship programme aimed at increasing access to higher educa...

By Staff reporter | Published: 01 July 2025

MINING & RETAIL

Fidelity Gold launches elite enforcement unit

Fidelity Gold Refinery (Private) Limited has launched a dedicated Gold Trade Enforcement Unit (GTEU), a landmark development aimed at clamping down on illegal gold trading, smuggling, and value chain ...

By Staff reporter | Published: 01 July 2025

LANDS & AGRICULTURE

Zimbabwean farmers embrace AI

The Food and Agriculture Organization of the United Nations (FAO) is advancing agrifood systems through integration of effective digital technologies in Zimbabwe. Through the Fostering Digital Village...

By Staff reporter | Published: 01 July 2025

LANDS & AGRICULTURE

Zimbabwe's agric producer prices surge 36.4%

Zimbabwe's agricultural producer prices spiked sharply in May 2025, with the Zimbabwe National Statistics Agency (ZimStat) reporting a 36.4% year-on-year (YoY) increase in the Producer Price Index for...

By Staff reporter | Published: 01 July 2025

MINING & RETAIL

Mimosa Mine mulls US$100m shaft expansion

Mimosa Mining Company has unveiled plans to invest US$100 million into the development of a new mining shaft at its operations in Zvishavane, in a move aimed at extending the mine's lifespan to 22 yea...

By Staff reporter | Published: 30 June 2025

MINING & RETAIL

OK Zimbabwe earmarks 50% of capital raise to clear debts

Retail giant OK Zimbabwe Limited has announced plans to allocate more than half of the proceeds from its planned US$30.5 million capital raise - through a rights issue and property disposals - toward ...

By Staff reporter | Published: 30 June 2025

FINANCIAL SERVICES

ZB Bank secures US$5 million Afreximbank facility

ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...

By Staff reporter | Published: 30 June 2025

MINING & RETAIL

US$1m for strategic minerals licence in Zimbabwe

Zimbabwe has gazetted a sweeping new Mines and Minerals Bill that seeks to clamp down on speculative mining claim hoarding while ensuring only credible investors participate in the extraction of strat...

By Staff reporter | Published: 29 June 2025

INDUSTRIALS & ENERGY

Zesa rebundling begins

Mutapa Investment Fund (MIF) has initiated the process of rebundling ZESA Holdings, aiming to streamline operations, enhance efficiency, and reduce costs within Zimbabwe's struggling electricity secto...

By Staff reporter | Published: 29 June 2025

MINING & RETAIL

Herbert Nkala to exit OK Zimbabwe in restructuring move

OK Zimbabwe has announced a major leadership reshuffle and a US$30.5 million capital-raising initiative aimed at stabilising operations and restoring market confidence, as the retail giant battles int...

By Staff reporter | Published: 29 June 2025

LANDS & AGRICULTURE

Climate change takes toll on tomato farmers

For decades, villagers in Madzivazvido, Gokwe North, have relied on tomato farming to sustain their families and communities. But climate change is rapidly eroding this once-reliable livelihood, as so...

By Staff reporter | Published: 29 June 2025

CONSTRUCTION & PROPERTY

Swallowfield Estates dispute reignited by EIA certificate

The long-running legal wrangle over ownership and development rights at Swallowfield Estates in Norton has taken a fresh twist following the issuance of an Environmental Impact Assessment (EIA) certif...

By Staff reporter | Published: 29 June 2025

INDUSTRIALS & ENERGY

Zimbabwe suspends excise duty on raw wine imports

In a move aimed at boosting the local wine industry, the Zimbabwean government has suspended excise duty on imported raw wine for approved manufacturers. The measure, announced through Statutory Instr...

By Staff reporter | Published: 28 June 2025

MINING & RETAIL

Former Wenela miners call for Mnangagwa intervention

Former Zimbabwean miners who worked in South African mines under the Witwatersrand Native Labour Association (Wenela) have appealed to President Emmerson Mnangagwa to intervene in efforts to secure th...

By Staff reporter | Published: 28 June 2025

MINING & RETAIL

Zimasco worker dies in chrome ore accident

A tragic accident occurred this morning at Zimasco's Kwekwe Division, one of Zimbabwe's leading ferro-chrome mining operations, when a CAT tipper operator was buried underneath a large pile of chrome ...

By Staff reporter | Published: 28 June 2025

INDUSTRIALS & ENERGY

Chinese-funded projects power Zimbabwe

The Chinese-funded expansion of Hwange Thermal Power Station, specifically Units 7 and 8, emerged as the main source of energy supply for Zimbabwe in 2024, according to the Zimbabwe Energy Regulatory ...

By Staff reporter | Published: 28 June 2025

CONSTRUCTION & PROPERTY

Zimbabwe asset managers hungry for real estate assets

The Public Service Pension Fund's (PSPF) move to acquire the iconic Monomotapa Hotel underscores the persistent hunger among Zimbabwean pension funds for commercial real estate investments - even thos...

By Staff reporter | Published: 27 June 2025

LANDS & AGRICULTURE

Zimbabwe maize imports to decline

Zimbabwe's maize imports are set to decline significantly this year as better rainfall has boosted crop yields across the country, easing pressure on food security.According to the latest report by th...

By Staff reporter | Published: 26 June 2025

CONSTRUCTION & PROPERTY

Growth prospects shine in Zimbabwe's construction markets

Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...

By Staff reporter | Published: 26 June 2025

LANDS & AGRICULTURE

Villager dies after losing 37 cattle to January disease

A villager from Senkwasi in Zhombe, Midlands Province, has tragically died from high blood pressure after losing 37 head of cattle to January disease, a tick-borne infection that continues to wreak ha...

By Staff reporter | Published: 26 June 2025

MINING & RETAIL

Mines and Minerals Bill gazetted

The Mines and Minerals Bill (H.B. 1, 2025) has been officially gazetted, marking a significant step toward modernising Zimbabwe's mining legislation, which currently dates back to the colonial era.The...

By Staff reporter | Published: 25 June 2025

MINING & RETAIL

Bravura to invest in Mashonaland West platinum

Mashonaland West province has received a significant boost to its rural industrialisation efforts with the announcement that Bravura Holdings Zimbabwe, a new platinum mining player, will establish ope...

By Staff reporter | Published: 25 June 2025

CONSTRUCTION & PROPERTY

Construction boom in Zimbabwe spurs growth for PPC

The construction sectors in Zimbabwe and South Africa are showing strong signs of sustained growth, creating favourable conditions for companies like Pretoria Portland Cement (PPC) to increase competi...

By Staff reporter | Published: 25 June 2025

MINING & RETAIL

Pambili seeks to raise C$1 million for Zimbabwe venture

Canadian-based exploration and development firm Pambili Natural Resources Corporation has announced plans to raise C$1 million through a non-brokered private placement on the TSX Venture Exchange. The...

By Staff reporter | Published: 25 June 2025

MINING & RETAIL

Caledonia finds high-grade gold results from Blanket Mine

Jersey-registered Caledonia Mining Corporation has reported promising high-grade results from its ongoing resource expansion drilling programme at its flagship Blanket Mine in Zimbabwe, as the company...

By Staff reporter | Published: 25 June 2025
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