MINING & RETAIL

Gold prices hit record high

Zimbabwe's gold miners are celebrating as local gold prices hit record levels on 9 September 2025, according to the latest mining sector data.Fidelity Gold Refinery (FGR) reported a top rate of US$110...

By Staff reporter | Published: 10 September 2025

INDUSTRIALS & ENERGY

Bulawayo firm repackaging water-damaged rice

Bulawayo authorities have launched an investigation into Flynote Investments (Pvt) Ltd, a local company accused of repackaging water-damaged rice, originally designated for stock feed, and distributi...

By Staff reporter | Published: 10 September 2025

INDUSTRIALS & ENERGY

Afreximbank powers Zesa with US$210m facility

Zimbabwe's power utility, Zesa Holdings, has secured a US$210 million financing facility from Afreximbank, aimed at strengthening the country's electricity infrastructure and importing additional powe...

By Staff reporter | Published: 10 September 2025

BUSINESS NEWS

Kavango lists on VFEX

British mining company Kavango Resources Plc has successfully completed its secondary listing on the Victoria Falls Stock Exchange (VFEX), expanding access for local investors. The listing follows the...

By Staff reporter | Published: 10 September 2025

TRANSPORT & TOURISM

Demand surges for Harare-Mutare flight

The newly launched Harare - Mutare airline service is expected to grow sustainably on the back of rising interest from key sectors such as tourism and agriculture, Tourism and Hospitality Industry Mi...

By Staff reporter | Published: 09 September 2025

TELECOMS & TECHNOLOGY

Econet launches new smartSuite data packages

Econet Wireless Zimbabwe has unveiled its new SmartSuite Fixed Wireless Access (FWA) data packages, offering six plans designed to meet the diverse data needs of households, freelancers, and small to...

By Staff reporter | Published: 09 September 2025

INDUSTRIALS & ENERGY

Zera warns against doorstep fuel delivery services

The Zimbabwe Energy Regulatory Authority (ZERA) has cautioned individuals and companies against launching doorstep fuel delivery services, saying such operations are not licensed in Zimbabwe and pose ...

By Staff reporter | Published: 09 September 2025

CONSTRUCTION & PROPERTY

Mashonaland Holdings rental income rises 15%

Property developer Mashonaland Holdings recorded a 15% rise in rental income to US$3.1 million for the half-year ended June, supported by new tenants at its Pomona Commercial Centre.The Pomona develop...

By Staff reporter | Published: 09 September 2025

INDUSTRIALS & ENERGY

Proton Bakers invests in solar plant

Proton Bakers has invested in a solar power plant to reduce its reliance on traditional energy sources, minimise disruptions from power outages, and promote sustainable business practices.The bakery's...

By Staff reporter | Published: 09 September 2025

FINANCIAL SERVICES

Hodnett named new CEO of Standard Bank

Standard Bank, Africa's largest bank with subsidiaries across 26 countries including Zimbabwe under the Stanbic Bank brand, has appointed David Hodnett as its new Group Chief Executive.Hodnett, curren...

By Staff reporter | Published: 09 September 2025

TELECOMS & TECHNOLOGY

Econet faces backlash over SmartBiz router policy

Telecoms giant Econet Wireless has sparked widespread public outrage after informing its SmartBiz clients that they must purchase routers within five days or lose access to mobile data services start...

By Staff reporter | Published: 08 September 2025

INDUSTRIALS & ENERGY

HIT to set up lithium processing plant

The Harare Institute of Technology (HIT) is set to establish a lithium processing plant as part of efforts to position Zimbabwe as a key player in the global battery value chain.The announcement was ...

By Staff reporter | Published: 08 September 2025

LANDS & AGRICULTURE

Tobacco farmers urged to go green

Senior agronomist Lazarus Gatawa has called on tobacco farmers to actively implement environmentally friendly farming practices to reduce the sector's impact on the environment and comply with interna...

By Staff reporter | Published: 08 September 2025

MINING & RETAIL

Zimbabwe's gold boom spurs laboratory expansion

Zimbabwe has witnessed a surge in gold mining exploration and production in recent months, driven by record-high gold prices that have made the metal increasingly attractive to investors and miners. ...

By Staff reporter | Published: 08 September 2025

BUSINESS NEWS

Zimbabwe's non-traditional exports surge

Zimbabwe is showing strong potential to diversify its export base, with official data revealing robust growth in non-traditional exports, signaling a new era of economic opportunity. Traditionally rel...

By Staff reporter | Published: 08 September 2025

INDUSTRIALS & ENERGY

Hwange power station hits record output

Zimbabwe's flagship Hwange Power Station expansion has achieved its highest electricity output since coming online last year, producing 498 million kilowatt hours (kWh) in August, project contractor P...

By Staff reporter | Published: 04 September 2025

LANDS & AGRICULTURE

Zimbabwe's horticulture boom

Zimbabwe is witnessing a major revival in horticultural production, a shift that is cutting the import bill while reigniting hopes of reclaiming the country's reputation as the "breadbasket of Africa....

By Staff reporter | Published: 03 September 2025

MINING & RETAIL

OK Zimbabwe unveils turnaround plan

OK Zimbabwe has launched a sweeping turnaround strategy aimed at rescuing the country's largest supermarket chain from financial distress. Returning chief executive Willard Zireva described the compan...

By Staff reporter | Published: 02 September 2025

TRANSPORT & TOURISM

Air Zimbabwe reveals Harare-Mutare flight fares

Air Zimbabwe has announced ticket prices and schedules for its new Harare-Mutare flights, sparking mixed reactions from the travelling public and industry stakeholders.Unveiled during the Sanganai Hl...

By Staff reporter | Published: 02 September 2025

FINANCIAL SERVICES

Old Mutual Zimbabwe adopts USD reporting

Old Mutual Zimbabwe (OMZ) has transitioned to reporting in United States dollars across key subsidiaries, reflecting increased hard currency inflows and positioning the group for greater transparency ...

By Staff reporter | Published: 31 August 2025

INDUSTRIALS & ENERGY

Zimbabwe seals nuclear energy deal

Zimbabwe's Centre for Education, Innovation, Research and Development (CEIRD) has signed a memorandum of understanding with Korea Hydro & Nuclear Power (KHNP) to conduct a preliminary feasibility ...

By Staff reporter | Published: 29 August 2025

INDUSTRIALS & ENERGY

ArcelorMittal SA flags Zimbabwe steel imports

ArcelorMittal South Africa CEO Kobus Verster has raised concerns over Zimbabwean steel imports, describing them as one of several "unfair" pressures on South Africa's struggling steel sector.South Afr...

By Staff reporter | Published: 28 August 2025

TRANSPORT & TOURISM

Air Zimbabwe launch daily Harare-Mutare flights

Air Zimbabwe will operate daily return flights between Harare and Mutare from September 8 to 14 to support the Sanganai/Hlanganani World Travel Expo, which runs from September 10 to 12 in Mutare.The i...

By Staff reporter | Published: 28 August 2025

MINING & RETAIL

Court halts RioZim's asset sales

The High Court has granted an urgent interdict to the Zimbabwe Diamond & Allied Minerals Workers' Union (ZDAMWU), barring RioZim Limited from disposing of its mining assets while corporate rescue ...

By Staff reporter | Published: 27 August 2025

INDUSTRIALS & ENERGY

Zimbabwe tiles flood regional market

South Africa's largest floor tile manufacturer, Italtile, reports a decline in business as competition from neighbouring Zimbabwe and Zambia intensifies.For years, Zimbabwe and Zambia were among Italt...

By Staff reporter | Published: 27 August 2025
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