INDUSTRIALS & ENERGY

Surrey Group sets up 1,8MW solar plant in Zimbabwe

Leading agro-processing company Surrey Group has rolled out a 1.8 megawatt (MW) solar energy project aimed at providing reliable power to its abattoirs and retail shops in Marondera, in a major step t...

By Staff reporter | Published: 05 May 2025

TRANSPORT & TOURISM

Monomotapa Hotel to be offloaded for US$15 million

African Sun Limited (ASL), Zimbabwe's leading hospitality group, has announced June 30, 2025, as the target date for concluding the sale of the iconic Monomotapa Hotel, which is estimated to be worth ...

By Staff reporter | Published: 05 May 2025

INDUSTRIALS & ENERGY

Zimbabwe introduces rebate for EV Charging systems

In a bid to accelerate the adoption of electric vehicles (EVs) and strengthen sustainable energy infrastructure, the Government of Zimbabwe has introduced a duty rebate on imported equipment used to s...

By Staff reporter | Published: 04 May 2025

BUSINESS NEWS

Zimbabwe ramps up power generation to 1 553MW

The Zimbabwe Power Company (ZPC) has significantly increased the nation's electricity output, generating 1,553 megawatts (MW) on May 2, 2025 - up from 1,304MW the previous day - bringing relief to con...

By Staff reporter | Published: 03 May 2025

INDUSTRIALS & ENERGY

Zimbabwe restricts steel imports

The Zimbabwean government has introduced new restrictions on the importation of specific steel products, requiring importers to obtain licences before bringing them into the country, in a move designe...

By Staff reporter | Published: 02 May 2025

FINANCIAL SERVICES

First Capital Bank sees 150% surge in loan book

First Capital Bank has posted robust financial results for the year ended December 31, 2024, highlighted by a 150 percent surge in its loan book, signaling a deliberate pivot towards bolstering key ec...

By Staff reporter | Published: 02 May 2025

TELECOMS & TECHNOLOGY

Ralph Mupita's MTN remuneration drops to R65 million

MTN Group CEO Ralph Mupita's single-figure remuneration has dropped by 20% to R65 million after the group posted an R11 billion loss in 2024.Mupita's single-figure remuneration primarily dropped due t...

By Staff reporter | Published: 01 May 2025

INDUSTRIALS & ENERGY

Schweppes Managing Director retires after 20 years

Beverage manufacturer Schweppes Zimbabwe has announced the retirement of its long-serving Managing Director, Charles Nkululeko Msipa, bringing to an end a distinguished 20-year career with the company...

By Staff reporter | Published: 01 May 2025

TELECOMS & TECHNOLOGY

Zoho Corp injects $15 million into Zimbabwe's digital future

Indian cloud software giant Zoho Corporation has announced a $15 million investment in Zimbabwe aimed at accelerating the digital transformation of small and medium enterprises (SMES) and large organi...

By Staff reporter | Published: 01 May 2025

LANDS & AGRICULTURE

Tobacco crop faces new disease threat

Tobacco farmers in Zimbabwe are grappling with a growing challenge as the destructive Fusarium Wilt Disease (FWD), which primarily affects the prized gold leaf, continues to spread across several dist...

By Staff reporter | Published: 01 May 2025

TRANSPORT & TOURISM

Scientists fit tracking device to Hwange elephants

In a groundbreaking conservation effort, scientists have successfully fitted GPS-enabled satellite collars to eight African savannah elephants in the Hwange National Park region. This initiative, whic...

By Staff reporter | Published: 01 May 2025

LANDS & AGRICULTURE

Zimbabwe govt unveils agribusiness grants

The Zimbabwean government has launched a new initiative offering grants aimed at supporting the growth of the agribusiness sector, the Ministry of Lands, Agriculture, Fisheries, Water, and Rural Devel...

By Staff reporter | Published: 01 May 2025

LANDS & AGRICULTURE

FAO supports Zimbabwe's 2030 vision

The United Nations' Food and Agriculture Organisation (FAO) is spearheading efforts to transform Zimbabwe's agricultural sector with a bold vision aimed at ensuring food security and economic resilien...

By Staff reporter | Published: 01 May 2025

LANDS & AGRICULTURE

Ministry urges farmers to prepare for potential stockfeed shortages

The Ministry of Lands, Agriculture, Fisheries, Water, and Rural Development has issued a critical warning to farmers, urging them to prepare for potential livestock feed shortages, particularly for ca...

By Staff reporter | Published: 01 May 2025

INDUSTRIALS & ENERGY

Turnall registers strong turnaround in cash generation

Turnall Holdings Limited has posted a significantly improved financial performance for the year ended December 31, 2024, marking a key milestone in its recovery journey with a robust turnaround in cas...

By Staff reporter | Published: 01 May 2025

MINING & RETAIL

Zimbabwe's mining industry sees significant progress

The Government of Zimbabwe has announced significant progress in the development of its Mineral Development Policy and the rollout of a new Online Permit System, as part of its ongoing efforts to mode...

By Staff reporter | Published: 01 May 2025

LANDS & AGRICULTURE

Sifela Brahmans shines at ZITF with top livestock honours

Gwanda-based livestock breeding enterprise Sifela Brahmans, operating from Hamden Farm, is basking in national acclaim after clinching top honours at the 2025 Zimbabwe International Trade Fair (ZITF) ...

By Staff reporter | Published: 30 April 2025

CONSTRUCTION & PROPERTY

Bulawayo-Vic Falls road rehab corruption in tender awards exposed

The Ministry of Transport and Infrastructural Development has backtracked on its earlier claim that contractors are already on site to begin rehabilitation of the dilapidated Bulawayo-Victoria Falls R...

By Staff reporter | Published: 30 April 2025

CONSTRUCTION & PROPERTY

US$16,2m housing project begins in Harare

The much-anticipated US$16.2 million housing project in Prospect, Harare, is officially set to begin, with all necessary regulatory approvals secured, construction consultancy firm Troika Design Works...

By Staff reporter | Published: 30 April 2025

FINANCIAL SERVICES

CBZ hails Zimbabwe's less volatile economy

CBZ Holdings Limited has praised Zimbabwe's improving economic environment and easing inflationary pressures, which have played a key role in the financial institution achieving a profit of ZWG537.5 m...

By Staff reporter | Published: 30 April 2025

INDUSTRIALS & ENERGY

CZI urges companies to reduce idle capacity

Confederation of Zimbabwe Industries (CZI) chief executive officer, Ms Sekai Kuvarika, has called on Zimbabwe's manufacturing sector to reduce unutilised capacity as a key strategy to lower production...

By Staff reporter | Published: 30 April 2025

TRANSPORT & TOURISM

Victoria Falls in full glory as Zambezi water levels surge

The Zambezi River's rising water levels have dramatically amplified the splendour of Victoria Falls, creating a breathtaking natural showcase that is drawing the attention of both local and internatio...

By Staff reporter | Published: 29 April 2025

TRANSPORT & TOURISM

Bulawayo-Victoria Falls road upgrade to begin next month

The long-awaited rehabilitation of the Bulawayo-Victoria Falls Road is finally taking shape, with Government confirming that construction work is set to commence next month. The project, which is expe...

By Staff reporter | Published: 29 April 2025

TELECOMS & TECHNOLOGY

Zimbabwe's internet traffic is served via South Africa

More than 90% of Zimbabwe's internet traffic is served via Teraco, a data centre in Johannesburg, South Africa, where local Internet Service Providers (ISPs) peer for free with major global platforms ...

By Staff reporter | Published: 29 April 2025

TELECOMS & TECHNOLOGY

Zacc arrests NetOne company secretary

The Zimbabwe Anti-Corruption Commission (ZACC) has arrested NetOne company secretary Plaxedes Chikutu on charges of obstructing justice in an ongoing criminal investigation involving two of the compan...

By Staff reporter | Published: 29 April 2025
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