MINING & RETAIL

Mutapa Gold secures US$75mln for Shamva project

State-owned gold producer Mutapa Gold Resources is set to embark on a major expansion drive after securing US$75 million in syndicated financing for the first phase of its US$152 million Shamva Hill P...

By Staff reporter | Published: 16 hours ago

FINANCIAL SERVICES

ZiG uncertainty fuels insurance disputes

The Chartered Governance and Accountancy Institute in Zimbabwe (CGAIZ) has called for the establishment of a clear and standardised framework for insurance claim settlements under the Zimbabwe Gold (Z...

By Staff reporter | Published: 16 hours ago

CONSTRUCTION & PROPERTY

Masimba frets over ZiG contractor payments

Construction firm Masimba Holdings Limited has raised concerns over the government's decision to pay contractors in the local currency, warning that the policy introduces uncertainty and poses signifi...

By Staff reporter | Published: 11 June 2026

LANDS & AGRICULTURE

Maize slips, but grain market holds firm

Commodity prices on the Zimbabwe Mercantile Exchange (ZMX) remained firm during the week ending June 6, supported by strong buyer demand and constrained local supplies across key agricultural commodi...

By Staff reporter | Published: 11 June 2026

INDUSTRIALS & ENERGY

ZERA sets June LPG price at US$1.96/kg

The Zimbabwe Energy Regulatory Authority (ZERA) has set the maximum retail price of Liquefied Petroleum Gas (LPG) for June 2026 at US$1.96 per kilogramme, while the local currency equivalent has been...

By Staff reporter | Published: 11 June 2026

MINING & RETAIL

Record mining machinery imports expose local content challenges

Zimbabwe's drive to promote local content and mineral beneficiation has come under renewed scrutiny after new trade data revealed a record US$23.2 million spent on specialised underground mining machi...

By Staff reporter | Published: 11 June 2026

INDUSTRIALS & ENERGY

PPC Zimbabwe pays record US$36m dividend

South African cement producer PPC Limited has received a record US$36 million dividend from its Zimbabwean subsidiary for the year ended March 31, 2026, nearly three times higher than the US$13 millio...

By Staff reporter | Published: 11 June 2026

MINING & RETAIL

Chinese cement plant creates 450 jobs in Zimbabwe

A major cement manufacturing plant under construction in Chegutu has already created approximately 450 jobs and is expected to produce nearly 800,000 tonnes of cement annually once commissioned in Aug...

By Staff reporter | Published: 11 June 2026

CONSTRUCTION & PROPERTY

Masimba seeks approval for a 10% share buyback

Construction and engineering firm Masimba Holdings Limited is seeking shareholder approval to repurchase up to 10 percent of its issued ordinary shares, a move that comes against the backdrop of impro...

By Staff reporter | Published: 11 June 2026

MINING & RETAIL

Zimbabwe's gold revenue doubles 4 months

Zimbabwe's gold sector generated more than US$1.2 billion in revenue during the first four months of 2026, more than doubling earnings recorded during the same period last year as higher global prices...

By Staff reporter | Published: 11 June 2026

TRANSPORT & TOURISM

Air Zimbabwe rebuilds its booking engine

There is growing evidence that Air Zimbabwe's long-awaited return to the London route is progressing behind the scenes, with the airline recently activating a new reservations and online booking platf...

By Staff reporter | Published: 08 June 2026

TRANSPORT & TOURISM

Air Zimbabwe misses London flight deadline

Air Zimbabwe will miss the June deadline for resuming direct flights between Harare and London, with the national carrier now targeting July 1 for the relaunch of its long-awaited service to London G...

By Staff reporter | Published: 07 June 2026

TELECOMS & TECHNOLOGY

Internet overtakes traditional media in urban Zimbabwe

ONLINE media has become the most accessed source of information in Zimbabwe's urban areas, overtaking traditional platforms such as television and print newspapers, according to findings from a new n...

By Staff reporter | Published: 07 June 2026

MINING & RETAIL

Zimbabwe mining sector generates US$2bn in first half

Zimbabwe's mining sector generated approximately US$2 billion in revenue during the first half of the year, reinforcing its position as the country's leading source of foreign currency earnings and...

By Staff reporter | Published: 07 June 2026

MINING & RETAIL

RioZim loss deepens as gold output plunges 80%

Diversified mining group RioZim has reported a widened loss for the year ended December 2025, driven by a steep collapse in gold production, persistent operational challenges and ongoing funding cons...

By Staff reporter | Published: 07 June 2026

MINING & RETAIL

Zimbabwe to host new lithium carbonate plant

China's Zhejiang Huayou Cobalt Ltd. is planning to establish a lithium carbonate processing plant in Zimbabwe, marking a significant step in the country's efforts to move up the value chain in its fa...

By Staff reporter | Published: 07 June 2026

MINING & RETAIL

Zimbabwe's biggest gold restart is already in motion

The hum of high-capacity pumps echoing through the valleys of Penhalonga is more than just the sound of machinery at work - it is the soundtrack to one of Africa's most significant gold mine revival ...

By Staff reporter | Published: 04 June 2026

TRANSPORT & TOURISM

Mashonaland to host 2027 tourism expo

Zimbabwe's Tourism and Hospitality Industry minister Barbara Rwodzi has announced that Mashonaland West Province will host the 2027 Sanganai/Hlanganani World Tourism Expo, in a move aimed at decentra...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

Zimbabwe's US Dollar inflation rises to 2.8%

Zimbabwe's annual inflation rate in United States dollar terms rose to 2.8 percent in May, up from 2.2 percent recorded in April, according to the latest figures released by the Zimbabwe National Sta...

By Staff reporter | Published: 27 May 2026

LANDS & AGRICULTURE

Zimbabwe coffee exports surge 59%

Zimbabwe's coffee sector is showing signs of recovery after export earnings surged by 59 percent to US$1 million last year from US$600 000 in 2022, driven largely by increased participation from smal...

By Staff reporter | Published: 27 May 2026

INDUSTRIALS & ENERGY

Zimbabwe shoe manufacturers seek more duty rebates

Zimbabwean shoe manufacturers have applied for the inclusion of additional raw materials under the Shoe Manufacturers Rebate Facility as part of efforts to reduce production costs, improve competitiv...

By Staff reporter | Published: 27 May 2026

MINING & RETAIL

Zimbabwe bans raw exports of 14 metals

Zimbabwe has formally classified 14 minerals as "critical" and banned the export of all raw or unbeneficiated forms, in a sweeping policy shift aimed at boosting local value addition and increasing s...

By Staff reporter | Published: 27 May 2026

MINING & RETAIL

Pick n Pay flags rising risk in Zimbabwe retail sector

Pick n Pay Stores Limited chief executive Sean Summers says the group's Zimbabwe operations are facing intensifying pressure as worsening trading conditions continue to strain the country's formal re...

By Staff reporter | Published: 27 May 2026

LANDS & AGRICULTURE

Zimbabwe's wheat demand surges

As Zimbabwe's winter wheat season gains momentum, the crop is increasingly being recognised as a strategic staple rather than just another seasonal cereal, reflecting shifting dietary habits and risi...

By Staff reporter | Published: 24 May 2026

TRANSPORT & TOURISM

SA truck company to retrench 75 Zimbabwean drivers

A South African transport and logistics company, Greendoor Group, is set to retrench about 75 truck drivers as it restructures operations amid rising financial and operational pressures.Most of the a...

By Staff reporter | Published: 24 May 2026
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