MINING & RETAIL

Zimasco hostile takeover saga takes new twist

The ownership dispute involving Zimbabwe's largest chrome mining and smelting company, Zimasco, has taken a decisive turn after the Supreme Court dismissed an appeal against a High Court interdict tha...

By Staff reporter | Published: 13 May 2025

CONSTRUCTION & PROPERTY

NBS to deliver over 600 housing units this year

The National Building Society (NBS) has announced plans to inject more than 600 new housing units into Zimbabwe's national housing pool this year, in a drive aimed at accelerating affordable housing d...

By Staff reporter | Published: 13 May 2025

CONSTRUCTION & PROPERTY

Gwayi- Shangani Dam completion target in doubt, again

The ambitious Gwayi-Shangani Dam construction project, seen as a critical solution to Bulawayo's chronic water shortage, may not meet its 2025 completion target due to continued delays in the release ...

By Staff reporter | Published: 13 May 2025

MINING & RETAIL

Edgars Zimbabwe shifts focus to low-end market

Edgars Stores Limited, one of Zimbabwe's leading clothing retailers, has announced a strategic shift toward the low-end market, revealing that 60% of the country's clothing market now falls within the...

By Staff reporter | Published: 13 May 2025

TRANSPORT & TOURISM

Workers, management clash over Ngamo Safaris takeover

Employees at Ngamo Safaris in Tsholotsho, Matabeleland North, are protesting a controversial decision by management to lease the safari camp to a new investor without following the proper tender proce...

By Staff reporter | Published: 13 May 2025

CONSTRUCTION & PROPERTY

Fresh capital discussions delay Beta Bricks restart

The long-awaited reopening of BETA Bricks has been delayed due to unresolved negotiations with three potential investors who were expected to inject capital into the company. Initially scheduled for t...

By Staff reporter | Published: 13 May 2025

MINING & RETAIL

Gold sinks as trade talks, easing tensions impact haven demand

Gold fell as its haven status was impacted by signs of progress in trade talks between the US and China, along with some relief to geopolitical tensions.Bullion fell as much as 1,8 percent in early tr...

By Staff reporter | Published: 13 May 2025

TELECOMS & TECHNOLOGY

Cassava Technologies, Zindi to showcase African AI innovation

Cassava Technologies, a global tech giant of African heritage, has signed a landmark Memorandum of Understanding (MoU) with Zindi, Africa's largest professional network for data scientists, to jointly...

By Staff reporter | Published: 12 May 2025

MINING & RETAIL

Zimbabwe gold deliveries surge 63% in April

Zimbabwe recorded a significant jump in gold deliveries in April 2025, with more than 3.8 tonnes of the precious metal delivered to Fidelity Gold Refinery - a 63% increase from the 2.3 tonnes recorded...

By Staff reporter | Published: 12 May 2025

CONSTRUCTION & PROPERTY

Zimbabweans rush into property

Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...

By Staff reporter | Published: 11 May 2025

CONSTRUCTION & PROPERTY

Final phase of Harare-Beitbridge highway resume

Construction works on the outstanding sections of the Harare-Beitbridge Highway have resumed in earnest, with contractors now on-site to complete the final 88 kilometres of the 580-kilometre flagship ...

By Staff reporter | Published: 11 May 2025

MINING & RETAIL

Giant lithium miner displaces villagers in Zimbabwe

A tense standoff is unfolding in Bikita, where eight families settled on George Nollen Farm under Chief Marozva in the year 2000, as part of Zimbabwe's land reform programme, are now facing eviction. ...

By Staff reporter | Published: 11 May 2025

MINING & RETAIL

Zimbabwe in massive gold mop up

The Zimbabwean government has launched an aggressive campaign to meet its 2025 gold delivery target of 40 tonnes, amid a global price surge that has seen the value of gold skyrocket to US$3,322.93 per...

By Staff reporter | Published: 11 May 2025

LANDS & AGRICULTURE

Zimbabwe's beef output rises 5.1% in 2024

Zimbabwe produced 94,600 tonnes of beef in 2024, a 5.1 percent increase from 90,000 tonnes in 2023, driven by drought-induced emergency destocking and a steadily growing national herd, according to th...

By Staff reporter | Published: 11 May 2025

LANDS & AGRICULTURE

Winter wheat production takes off in Matebeleland South

Matebeleland South Province is ramping up preparations for the 2025 winter wheat season, with land preparation currently underway and a target of cultivating 2,300 hectares - a modest increase from la...

By Staff reporter | Published: 11 May 2025

CONSTRUCTION & PROPERTY

Mzinyathini gardens housing project halted

Hundreds of home-seekers involved in the multi-million-dollar Mzinyathini Gardens housing project are facing uncertainty after the Umguza Rural District Council (RDC) ordered an immediate halt to all ...

By Staff reporter | Published: 11 May 2025

CONSTRUCTION & PROPERTY

Whi-Zim's cement plant progressing well in Zimbabwe

Construction of a multi-million-dollar cement manufacturing plant by Chinese firm Whi-Zim on the outskirts of Magunje Growth Point is progressing smoothly, with commissioning scheduled for June 2025, ...

By Staff reporter | Published: 10 May 2025

INDUSTRIALS & ENERGY

Zimbabwean industry told to stop importing steel

Dinson Iron and Steel Company (DISCO) Chief Executive Officer, Takana Xu, has called on Zimbabwean industries to stop importing steel and instead support local production, saying the country is now ca...

By Staff reporter | Published: 10 May 2025

LANDS & AGRICULTURE

Zimbabwe, Philippines forge tobacco pact

Stakeholders in Zimbabwe's tobacco industry have expressed optimism about the ongoing collaboration between the Zimbabwean tobacco sector and the National Tobacco Administration (NTA) of the Philippin...

By Staff reporter | Published: 10 May 2025

TRADE & INDUSTRY

Zimbabwe's steel industry set for a significant revival

Zimbabwe's steel industry is set for a significant revival as the Zimbabwe Iron and Steel Company (Zisco) collaborates with Dinson Iron & Steel Company to drive growth and development in the secto...

By Staff reporter | Published: 10 May 2025

CONSTRUCTION & PROPERTY

WestProp records 80% revenue surge amid residential property boom

Listed property developer WestProp Holdings Limited has announced a substantial 80 percent rise in revenue for the financial year ended December 31, 2024, propelled by surging demand for residential r...

By Staff reporter | Published: 10 May 2025

FINANCIAL SERVICES

Standard Chartered Plc takes US$172m hit on Zimbabwe exit

British banking giant Standard Chartered PLC (StanChart) has reported a US$172 million loss in 2024 tied to the sale of its Zimbabwean subsidiary, citing severe foreign exchange translation losses tha...

By Staff reporter | Published: 09 May 2025

MINING & RETAIL

SA miner Sibanye to inject US$16,44m into Mimosa

South African mining giant Sibanye-Stillwater has committed to injecting R300 million (US$16,44 million) in capital expenditure into Mimosa Mine in 2025, despite the Zimbabwean platinum operation post...

By Staff reporter | Published: 09 May 2025

CONSTRUCTION & PROPERTY

FMP rental collection rate declines

First Mutual Properties (FMP) has reported a decline in rental collection rates for the year 2024, with tenant payments slipping by 10 percentage points to 75%, down from 85% in 2023, as economic pres...

By Staff reporter | Published: 09 May 2025

INDUSTRIALS & ENERGY

RioZim in firing line over US$5m power debt

Renco Mine, a subsidiary of Zimbabwe Stock Exchange-listed miner RioZim Limited, is facing a looming power disconnection due to an outstanding US$4.7 million debt owed to the Zimbabwe Electricity Tran...

By Staff reporter | Published: 09 May 2025
Pages:
15
...

Latest News

Latest Published Reports

Latest jobs