The European Investment Bank (EIB) has availed about €40m to Zimbabwe banks within a year, which will go towards bailing out the country's SMEs and mid-cap companies, in a vote of confidence in the ...
Government has dangled a carrot to potential investors in the renewable energy sector by giving tax breaks as well as awarding national project status for such ventures.This is contained in the new en...
Zimbabwe's telecommunications industry is on the verge of obtaining tangible investments from India following a platform the industry had to outline possible lucrative opportunities for business ventu...
INSOLVENT flag carrier Air Zimbabwe is failing to attract an investor, 11 months after government invited bids from potential suitors to take over the embattled entity, the Zimbabwe Independent can re...
INSURER, Zimnat, says it has received exchange control permission to invest policyholder's funds contributed in foreign currency in offshore financial markets. The exchange control approval relates to...
FURNITURE and electrical appliances retailer, TV Sales & Home, has acquired a 49 percent stake in bed maker, Restapedic, and separately established a joint venture lounge suite manufacturing compa...
Fertiliser manufacturer Sable Chemicals has started feasibility studies to mine coal bed methane gas in Lupane as it seeks to cut on its import bill, an official has said.The company, which is the sol...
Foreign Affairs and International Trade Minister Dr Sibusiso Busi Moyo yesterday had lunch with the powerful Westminster Africa Business Group in London and invited them to grab investment opportuniti...
AIM-listed mining and resource development concern, Vast Resources, is expecting a turnover of US$53 million per annum in its envisaged diamond mining investment in the country, the firm told an inves...
SUNDAY marked a year after President Emmerson Mnangagwa narrowly escaped an assassination attempt following a bomb explosion that rocked a Zanu-PF rally at White City Stadium.The blast which occurred ...
THE Zimbabwe Investment Development Bill (Zida), currently in its second reading stage in the National Assembly, will soften up on foreign investors and treat them in the same way that Zimbabwean inve...
Zimbabwe has elicited strong investor interest over the first quarter of the year, with investments worth over US$286 million having been approved by the Zimbabwe Investment Authority (ZIA).Total inve...
The inability by foreign investors to repatriate capital and disinvestment proceeds from the country is hampering the performance of the Zimbabwe Stock Exchange, amid reports custodians are threatenin...
CEMENT producer PPC Zimbabwe has, in the last five years, spent over US$140 million in plant refurbishments and it aims to invest some of its dividends in government bonds to increase local procuremen...
GWANDA, which is eyeing city status in a year, has dangled a carrot to investors by offering incentives to businesses willing to set base in the gold mining town.The town is located 126km southeast of...
Government will, in the next few weeks, announce at least two more investors that are expected to deploy huge foreign capital in the country's platinum sector as scores of local and foreign investors ...
I arrived in Harare last month and I have already had a deep impression of the beautiful scenery, pleasant climate and wonderful people of Zimbabwe.I am especially moved by the friendship that Zimbabw...
Diversified financial services group, Old Mutual Zimbabwe, is set to construct a state-of-the-art regional hospital and an industrial park at Turf, Mhondoro-Ngezi, after getting 27 hectares from the l...
Botswana President Mokgweetsi Masisi has dangled a carrot to Zimbabwean business tycoon, Strive Masiyiwa, saying his country was the safest destination for his telecommunications investments.Speaking ...
THE 60th edition of the Zimbabwe International Trade Fair (ZITF) this week is a perfect platform to attract investors towards the implementation of the Special Economic Zones (SEZ), an official has sa...
The Special Economic Zones Authority says it has approved three investors for special economic zone status in Bulawayo.This follows the declaration of Belmont, Kelvin and Donnington industrial areas a...
The Zimbabwe Special Economic Zones Authority (ZIMSEZA) says it has approved $22 million worth of investments for Bulawayo. This comes as government is implementing various measures to revive the coun...
THE Zimbabwe Investment Development Authority Bill (Zida) is set to be gazetted within the next few weeks. The merging of the country's investment entities mooted in May 2018 is inspired by the Rwanda...
Agricultural productivity at ARDA Katiyo Estate is being revived after government secured investors that will channel at least US$95 million towards tea and avocado production.The investment deal will...
Internationally-acclaimed Barcelos restaurant is set to invest $350 000 in opening a second branch in Bulawayo. The restaurant boasts of three outlets in the country and is set to open more this year....