BUSINESS NEWS

IMF says Zimbabwe highly dollarised

The International Monetary Fund (IMF) says Zimbabwe's economy remains highly dollarised, with any de-dollarisation policies needing gradual implementation while the Confederation of Zimbabwe Industrie...

By Staff reporter | Published: 06 November 2025

BUSINESS NEWS

ZB wants phased de-dollarisation process

ZB Financial Holdings (ZBFH) group strategy executive Trymore Muhlanga says Zimbabwe's plan to adopt a mono-currency regime by 2030 will require a phased and carefully managed approach, as the instit...

By Staff reporter | Published: 09 October 2025

AFRICA NEWS

South African ambassador falls to death from Paris hotel room

South Africa's ambassador to France has been found dead after falling from the 22nd floor of his hotel.Emmanuel Nkosinathi Mthethwa, who was reported missing on Monday, was found dead "right next to"...

By Staff reporter | Published: 30 September 2025

BUSINESS NEWS

Zimbabwe's prophet of doom speaks on de-dollarisation

Confederation of Zimbabwe Industries (CZI) chief economist Cornelius Dube has warned that Zimbabwe risks massive capital flight if government presses ahead with de-dollarisation before ZiG transaction...

By Staff reporter | Published: 18 September 2025

BUSINESS NEWS

RBZ assures stability over post post-dollarisation era

The Reserve Bank of Zimbabwe (RBZ) has reassured the public that the country's banking system remains stable and secure, with no loss of value expected beyond 2030 under the post-dollarisation framew...

By Staff reporter | Published: 13 September 2025

BUSINESS NEWS

FBC urges clear Zimbabwe de-dollarisation framework

FBC Holdings Limited has called on the Reserve Bank of Zimbabwe (RBZ) to establish a clear and credible framework for de-dollarisation to ease pressure on the country's foreign currency reserves.The ...

By Staff reporter | Published: 16 August 2025

INDUSTRIALS & ENERGY

Zed Koudounaris is buying more Innscor stock

Prominent businessman Zed Koudounaris has once again increased his stake in Innscor Africa Limited, Zimbabwe's largest food producer, purchasing shares worth US$256,143 in a move echoing a similar acq...

By Staff reporter | Published: 02 July 2025

INDUSTRIALS & ENERGY

Ariston reduces costs with new solar plants

Zimbabwe Stock Exchange-listed agricultural company, Ariston Holdings Limited, has reported substantial financial savings driven by its investment in solar energy projects, which have helped reduce de...

By Staff reporter | Published: 16 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

POLITICS

Mthuli Ncube to pitch Zimbabwe's energy sector in Paris

Zimbabwe's Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, is set to deliver a keynote address at the Invest in African Energy (IAE) 2025 Forum in Paris next w...

By Staff reporter | Published: 07 May 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

MINING & RETAIL

Tharisa Zimbabwe asset gets Special Economic Zone status

Tharisa PLC on Tuesday said land on which it has special mining grants in Zimbabwe has been designated a special economic zone.A 50,667-hectare area has been given the designation, miner Tharisa said,...

By Alliance News | Published: 22 October 2019

ZIMBABWE

ZSE bearish with a 0.35% drop as big caps trade negatively

The ZSE retreated by 0.35% with gains in Innscor, BAT and Zimre failing to prop up the bourse against losses for blue-chips Old Mutual and Econet. At the close of trade, market turnover reached Z...

By Staff reporter | Published: 28 September 2019

OPINION

Attack on Mugabe coup announcer exposes polarisation

LAST Friday, in an unprecedented move - Foreign Affairs minister Sibusio Moyo and his delegation to London - were attacked by a group of angry Zimbabweans in the English capital city.The unwarranted a...

By Editorial Comment | Published: 16 July 2019

OPINION

ZCTU can do better than demonstrate for redollarisation

No good deed goes unpunished.Normally, the doer of a good deed expects just a "thank you", but usually someone is adversely affected by the good deed. For example, saving someone's life from a crimina...

By Conway Tutani | Published: 05 July 2019

LANDS & AGRICULTURE

Cyclone Idai costs Ariston Holdings US$1,5 million in damages

ARISTON Holdings Limited (AHL) says Cyclone Idai damaged the company's plantations in the Eastern Highlands, with early indications suggesting that the damage could be worth US$1,5 million."In March 2...

By Staff reporter | Published: 14 June 2019

INDUSTRIALS & ENERGY

Ariston returns to profitability

AGRICULTURAL concern Ariston Holdings posted an after tax profit of $2,8 million in the full year to September from a loss position of $1,7 million in the prior year, on the back of cost-cutting measu...

By Staff reporter | Published: 01 January 2019

OPINION

Re-dollarisation of economy: Wrong turn for Zimbabwe

There is an effervescence in the economy - an imperceptible but definite shift towards re- dollarisation of the economy.Initially a trickle, this will soon turn into a mighty tide in one direction –...

By Joseph Mverecha | Published: 30 December 2018

BUSINESS NEWS

'Zimbabwe economy unofficially dollarises'

Zimbabwe is undergoing bond notes substitution and progressive unofficial dollarisation, economists have said.This comes as more citizens are shunning the national currency in favour of the historical...

By Staff reporter | Published: 02 December 2018

MINING & RETAIL

Tharisa sets aside $3,2m for Great Dyke exploration

EUROPEAN headquartered integrated resource group, Tharisa says it will spend $3,2 million on the special grant areas along the Great Dyke for the initial exploration programme.The exploration will be ...

By Staff reporter | Published: 30 September 2018

MINING & RETAIL

30 000 artisanal miners register to regularise operations

ONLY 30 000 of the estimated 1,5 million artisanal and small-scale miners have regularised their operations owing to high levies charged by government, Zimbabwe Miners Federation president Henrietta R...

By Staff reporter | Published: 27 September 2018

MINING & RETAIL

Tharisa plan next move as Zimbabwe opens doors again

PLATINUM group metal (PGM) and chrome miner, Tharisa, is taking a low-risk approach to a high-risk country with the investments into Zimbabwe, it has announced this year.For almost 30 years, Zimbabwe ...

By miningmx.com | Published: 13 September 2018

OPINION

Chamisa's polarising politics should be rejected

One of the first things President Mnangagwa did within a few weeks of coming to power was to extend a hand of benevolence to then stricken MDC-T leader, Mr Morgan Tsvangirai. The world was in awe as i...

By Nick Mangwana | Published: 24 July 2018

POLITICS

Zimbabwe media remain polarised, unbalanced

Despite the ethical and legal obligation to be impartial in their coverage of electoral processes, the media in Zimbabwe remain polarised and unbalanced in their electoral coverage and reportage, medi...

By Staff reporter | Published: 22 July 2018

MINING & RETAIL

Tharisa seeks Zimbabwe project status

Tharisa Holdings, one of the world's largest chrome and platinum producers listed on the London Stock Exchange's main board, says it is seeking national project status ahead of commencing exploration ...

By Staff reporter | Published: 11 July 2018
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