SOCCER

ZACC confirms Bosso probe over suspected graft

The Zimbabwe Anti-Corruption Commission (ZACC) has launched an investigation into Highlanders Football Club over suspected corruption linked to player transfers and financial mismanagement.Confirming ...

By Staff reporter | Published: 17 July 2025

BUSINESS NEWS

Mutapa to shake-up State firms

Zimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out sweeping leadership changes across dozens of its portfolio state-owned enterprises (SOEs) as part of a bold st...

By Staff reporter | Published: 13 July 2025

BUSINESS NEWS

Outcry as Chinese mining firms flout basic safety rules in Zimbabwe

Zimbabwe's mining sector is experiencing a surge of fresh foreign and local investment, especially from Chinese firms eager to exploit lithium, gold, chrome, and coal deposits. However, this boom is s...

By Staff reporter | Published: 27 June 2025

BUSINESS NEWS

Matabeleland firms shine at ZNCC awards

Mr. Hafiz Muhammad Naeem of Evergold was the star of the evening on Friday as he took home the Overall Winner and Businessman of the Year awards at the Zimbabwe National Chamber of Commerce (ZNCC) 202...

By Staff reporter | Published: 01 June 2025

LANDS & AGRICULTURE

Seed firms crippled by Zimbabwe govt debt

Zimbabwe's seed industry is teetering on the edge of collapse as the government grapples with ballooning debt, having failed to pay seed suppliers nearly US$270 million over the past three farming sea...

By Staff reporter | Published: 22 May 2025

BUSINESS NEWS

EU urges Zimbabwe firms to come up with bankable projects

The European Union (EU) ambassador to Zimbabwe, Jobst von Kirchmann, has called on local businesses to develop bankable projects to attract investment funding, as the EU recently secured over US$100 m...

By Staff reporter | Published: 22 May 2025

BUSINESS NEWS

UK firms eye US$1 billion in Zimbabwe investments

British companies are preparing to inject nearly US$1 billion into Zimbabwe's economy, targeting critical sectors such as dairy production, mining, and renewable energy. The investment drive signals a...

By Staff reporter | Published: 29 April 2025

BUSINESS NEWS

China reaffirms commitment to Zimbabwe's industrialisation agenda

Chinese ambassador Zhou Ding has reiterated his country's strong commitment to supporting Zimbabwe's industrialisation and sustainable development agenda, as economic ties between the two nations cont...

By Staff reporter | Published: 25 April 2025

BUSINESS NEWS

7 more firms for Bulawayo-Victoria Falls road upgrade

The Government has engaged seven additional contractors to fast-track the full rehabilitation of the Bulawayo - Victoria Falls highway, a key economic and tourism corridor that has long been in a stat...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

Local firms seek to partner UK companies

SOME local companies are reportedly negotiating distributor arrangements with United Kingdom (UK) firms and have identified business partners who will provide machinery for value-adding their products...

By Staff reporter | Published: 10 October 2019

TELECOMS & TECHNOLOGY

Telecoms firms in revenue decline

ZIMBABWE's telecoms sector has suffered a $37,1 million decline in revenue for the first time ever in the past four years.The latest Postal and Telecommunications Regulatory Authority of Zimbabwe (Pot...

By Staff reporter | Published: 16 July 2019

INDUSTRIALS & ENERGY

Power blackouts shatter Bulawayo firms

POWER outages are wrecking Bulawayo's businesses, amid fears that the debilitating electricity cuts may force the closure of some firms, captains of commerce and industry have warned.This comes as Zim...

By Staff reporter | Published: 11 July 2019

INDUSTRIALS & ENERGY

Eskom confirms Zimbabwe paid back the money

Eskom has confirmed that payment from Zimbabwe regarding outstanding debt is reflecting in the power utility's account. Earlier on Tuesday, Fin24 reported that Zimbabwe Energy minister Fortune Chasi p...

By Staff reporter | Published: 02 July 2019

INDUSTRIALS & ENERGY

Zimbabwe confirms Eskom payment

Government yesterday confirmed paying US$10 million to South African power utility, Eskom, to service the debt to the power utility - and the money was set to be in the receiver's bank by end of day y...

By Staff reporter | Published: 02 July 2019

BUSINESS NEWS

More Japanese firms for Zimbabwe

MORE Japanese are set to invest in Zimbabwe in response to the on-going economic reform process with Tokyo and Harare pushing for improved bilateral relations. Japanese Ambassador to Zimbabwe Mr Toshi...

By Staff reporter | Published: 01 May 2019

FINANCIAL SERVICES

Ipec reads riot act to insurance firms

Businesses in the insurance industry that fail or delay paying out claims of admitted liabilities under any policies risk having their operating licences cancelled as stipulated at law, according to t...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

Belarus firms keen on Zimbabwe

A BELARUSIAN business delegation yesterday paid a courtesy call on President Mnangagwa at his Munhumutapa Offices in Harare where it expressed interest in cooperating with Zimbabwe in different sector...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

66% of firms to pay 2018 bonuses

A SURVEY has revealed that 66 percent of local firms will pay bonuses this year, an increase of 16 percent from last year. The survey by Industrial Psychology Consultants covered a sample of 71 compan...

By Staff reporter | Published: 20 December 2018

INDUSTRIALS & ENERGY

Private equity firms eye David Whitehead

David Whitehead is in serious negotiations with two unnamed investors seeking to inject fresh capital and revive the struggling textile firm, sources familiar with the talks have revealed. The company...

By Staff reporter | Published: 19 December 2018

BUSINESS NEWS

3 Chinese firms shut down

ENVIRONMENTAL Management Authority (EMA) recently ordered the closure of three Chinese companies that were setting up coke-processing and solar power plants in Hwange without conducting environmental ...

By Staff reporter | Published: 17 December 2018

BUSINESS NEWS

Firms close for festive season

INDUSTRIES in Bulawayo have started closing for the festive season, optimistic of resuming operations next year under an improved environment. Confederation of Zimbabwe Industries (CZI) Matabeleland c...

By Staff reporter | Published: 17 December 2018

BUSINESS NEWS

'Engage local firms to save forex'

Priority in public procurement tenders must be awarded to local companies ahead of foreign contractors to boost local industry as well as save foreign currency, according to Finance and Economic Devel...

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Top entrepreneurs, firms talk service innovation

A CUSTOMER service symposium held last week attracted Zimbabwe's top entrepreneurs and firms, including quoted companies who gathered in Harare to explore strategies on how the country could catch up ...

By Staff reporter | Published: 17 September 2018

TELECOMS & TECHNOLOGY

Telecoms firms merger project talks underway

Talks to merge three telecommunications companies, Zarnet, Powertel and Africom, are underway and will be finalised by the end of the year, businessdigest has learnt.Powertel and Zarnet are both State...

By Staff reporter | Published: 27 July 2018

ZIMBABWE

German firms eye ZSE listing

PRESIDENT Emmerson Mnangagwa says Zimbabwe is expecting German firms to list on the local bourse following a recent engagement visit by Treasury officials.Mnangagwa told delegates at the launch of Esc...

By Staff reporter | Published: 23 July 2018
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