MINING & RETAIL

Caledonia Mine sets new gold production record

Caledonia Mining Corporation Plc, a Jersey-domiciled miner focused on Zimbabwe's gold sector, has reported a near 10% increase in gold production for the first quarter of 2025, with a total of 18,671 ...

By Staff reporter | Published: 16 April 2025

INDUSTRIALS & ENERGY

Zimbabwe manufacturing sector faces challenges

Industry and Commerce Minister Nqobizitha Ndlovu has called for urgent action to address the challenges stifling the competitiveness of Zimbabwe's manufacturing sector, after new findings revealed tha...

By Staff reporter | Published: 16 April 2025

FINANCIAL SERVICES

Zimbabwe to get share of US$300m Afreximbank dividend

The Zimbabwean government is set to receive a significant payout from Afreximbank's recently declared US$300 million dividend, following the bank's exceptional financial performance in the year ending...

By Staff reporter | Published: 16 April 2025

CONSTRUCTION & PROPERTY

'Bulawayo-Vic Falls Road upgrading to take 10 months'

Transport and Infrastructural Development Minister Felix Mhona has confirmed that the long-awaited rehabilitation of the Bulawayo-Victoria Falls Road will resume next month and is expected to be compl...

By Staff reporter | Published: 16 April 2025

INDUSTRIALS & ENERGY

Belarus to establish bus and tractor assembly plant in Zimbabwe

Belarus is set to establish a bus and tractor assembly plant in Zimbabwe by December 2025, further cementing the growing ties between the two nations. This announcement was made by Mr Pearson Chigiji,...

By Staff reporter | Published: 16 April 2025

CONSTRUCTION & PROPERTY

New shopping mall for Bulawayo

THOMPSON Properties, a real estate agency, plans to construct a shopping mall in Bulawayo, which is expected to create more than 600 new jobs for locals.Jonathan Thompson, founder of Thompson Propert...

By Staff reporter | Published: 14 April 2025

TRANSPORT & TOURISM

NRZ goods train catches fire

A National Railways of Zimbabwe (NRZ) goods train ferrying coal from Hwange to Zambia caught fire earlier today at the Pandamatenga siding site, triggering an emergency response from local authorities...

By Staff reporter | Published: 14 April 2025

FINANCIAL SERVICES

EcoCash maintains market leadership amid rising competition

The country's fintech sector has seen a significant increase in new players such as Omari, Innbucks, Mojo Mula and Mukuru in the mobile money business, which had previously been made up of EcoCash, Ne...

By Staff reporter | Published: 14 April 2025

TELECOMS & TECHNOLOGY

NetOne makes bold US$225m annual revenue target

STATE-OWNED mobile operator, NetOne is targeting a staggering US$225 million in revenue this year, driven by a strategic rollout of innovative products and services.NetOne's Chief Commercial Officer, ...

By Staff reporter | Published: 14 April 2025

CONSTRUCTION & PROPERTY

Willdale appoints new chair in flurry of board changes

LISTED brick manufacturer, Willdale Limited (Willdale) has appointed Brian Mataruka as its new chairman with effect from April 1, 2025, amid several board changes as the firm grapples with losses.Mata...

By Staff reporter | Published: 14 April 2025

FINANCIAL SERVICES

US$80m Harare Afreximbank trade centre to open in August

The Afreximbank Africa Trade Centre (AATC) Harare's office is expected to open in August, the pan African bank said on Thursday, as it moves to boost trade and investment in Africa, the Caribbean and ...

By Staff reporter | Published: 14 April 2025

FINANCIAL SERVICES

Short-term insurance complaints up 40% in 2024

SHORT-TERM insurance complaints rose 40% in 2024 to 126, driven by unsatisfactory services and delays in settlement claims, a new report by the industry's regulator shows.In the Insurance and Pension ...

By Staff reporter | Published: 14 April 2025

INDUSTRIALS & ENERGY

Ariston FD steps down

Ariston Holdings Limited's  finance director (FD) Acquilina Chinamo has resigned after nearly nine years in charge of the agro-industrial firm's finances.The firm's company secretary, Anesu Muset...

By Staff reporter | Published: 14 April 2025

FINANCIAL SERVICES

Stanbic Bank wins Best Pan-African Bank for SMEs award

STANBIC Bank has positioned itself as a leader in the small-to-medium enterprise (SME) space through its suite of purpose-built solutions, including the Africa China Trade Agent Proposition, which con...

By Staff reporter | Published: 14 April 2025

TELECOMS & TECHNOLOGY

Sony hikes price of its PlayStation 5 console in Europe

Sony says it has increased the price of its PlayStation 5 console in markets in Europe, Britain, Australia and New Zealand.The Japanese technology and entertainment conglomerate says a "challenging ec...

By Staff reporter | Published: 14 April 2025

TELECOMS & TECHNOLOGY

Good news for MTN WhatsApp users in South Africa

MTN has partnered with WhatsApp owner Meta Platforms to enhance the quality of video and voice calls on the instant messaging application across 12 of the network's markets.The mobile operator says th...

By Staff reporter | Published: 14 April 2025

MINING & RETAIL

Caledonia Mining sells solar plant for US$22.35 million

Caledonia Mining Corporation, the operator of Blanket Mine in Gwanda, has announced a US$14.3 million profit following the sale of its 12.2-megawatt solar power plant for US$22.35 million to CrossBoun...

By Staff reporter | Published: 14 April 2025

FINANCIAL SERVICES

Steward Bank seeks to rebrand as TN Cybertech Bank

Steward Bank Limited has initiated the process to change its name to TN Cybertech Bank Limited, according to a public notice issued last week, signalling what could be a significant repositioning in Z...

By Staff reporter | Published: 14 April 2025

INDUSTRIALS & ENERGY

Zimplow battles informal market and Chinese miners

Zimplow, one of Zimbabwe's biggest suppliers of farm and construction equipment, is grappling with two stubborn challenges that have become all too familiar: the rise of the informal market and exclus...

By Staff reporter | Published: 14 April 2025

MINING & RETAIL

Zimbabwe firm seeks protection from asset seizure over US$93m debt

A state-owned Zimbabwean mining firm is trying to protect assets that risk being seized because the country failed to honour a US$93 million debt incurred when it lost an international arbitration cas...

By Staff reporter | Published: 14 April 2025

LANDS & AGRICULTURE

Zimbabwean avocado gains traction among Chinese importers

CHINESE importers have positively reviewed the quality and output of Zimbabwean avocados and are committed to helping local farmers tap into the Chinese market, a Chinese trade specialist has said.Spe...

By Staff reporter | Published: 14 April 2025

LANDS & AGRICULTURE

Zimbabwe-China tobacco expo to be held in third quarter

ZIMBABWE will hold the first Zimbabwe-China tobacco expo in the third quarter of this year to promote the country's tobacco, the country's industry regulatory body, the Tobacco Industry and Marketing ...

By Staff reporter | Published: 14 April 2025

LANDS & AGRICULTURE

Zimbabwe to get fair harvest, says WFP

The United Nations World Food Programme (WFP) has forecast a favorable harvest for Zimbabwe in the 2024/25 cropping season, bringing much-needed relief to the nation as rainfall patterns show improvem...

By Staff reporter | Published: 14 April 2025

INDUSTRIALS & ENERGY

Zimbabwe to produce solar panels, lithium batteries

Zimbabwe is set to begin large-scale manufacturing of solar panels and lithium batteries as part of a bold new initiative to boost the country's renewable energy sector. The development follows the re...

By Staff reporter | Published: 14 April 2025

CONSTRUCTION & PROPERTY

'City on the Edge of the City' set to transform Bulawayo

Real estate firm Henock Ranching has announced an ambitious new urban development project, "City on the Edge of the City," which will be constructed on a 58-hectare gated lifestyle estate on the outsk...

By Staff reporter | Published: 14 April 2025
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