BUSINESS NEWS

Mugabe coup announcer talks up investment in Westminster

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...

By Staff reporter | Published: 12 July 2019

MINING & RETAIL

Vast talks up Zimbabwe investment

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...

By Staff reporter | Published: 04 July 2019

POLITICS

Mnangagwa bombing still under investigation

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 ...

By Staff reporter | Published: 25 June 2019

BUSINESS NEWS

Zimbabwe Investment Development Bill softens up on foreign investors

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...

By Staff reporter | Published: 20 June 2019

BUSINESS NEWS

Strong investment appetite for Zimbabwe

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...

By Staff reporter | Published: 05 May 2019

ZIMBABWE

Foreign investors threaten ZSE pullout

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...

By Staff reporter | Published: 03 May 2019

CONSTRUCTION & PROPERTY

PPC to invest dividends in govt bonds

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...

By Staff reporter | Published: 03 May 2019

BUSINESS NEWS

Gwanda woos investors with incentives

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...

By Staff reporter | Published: 28 April 2019

MINING & RETAIL

Zimbabwe to announce more PGM investors

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 ...

By Staff reporter | Published: 28 April 2019

BUSINESS NEWS

More China investments coming to Zimbabwe

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...

By Ambassador Guo Shaochun | Published: 28 April 2019

BUSINESS NEWS

Old Mutual to invest in Mhondoro

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...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

Botswana leader attacks Zimbabwe investment climate

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 ...

By Staff reporter | Published: 25 April 2019

BUSINESS NEWS

'ZITF perfect platform to attract investors'

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...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

SEZ approves investors for Bulawayo

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...

By Staff reporter | Published: 07 February 2019

BUSINESS NEWS

Bulawayo industries get $22m investment boost

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...

By Fin Gaz | Published: 07 February 2019

BUSINESS NEWS

Investment bill to be gazetted in 2-3 weeks

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...

By Staff reporter | Published: 04 February 2019

LANDS & AGRICULTURE

ARDA Katiyo in US$95m investment deal

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...

By Staff reporter | Published: 29 January 2019

MINING & RETAIL

Barcelos invests in another Bulawayo outlet

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....

By Staff reporter | Published: 11 January 2019

BUSINESS NEWS

Zera investigates 'Queen B' and other fuel dealers

ZIMBABWE Energy Regulatory Authority (Zera) says it is carrying out investigations in collaboration with the police on fuel dealers accused of pushing the product to the black market, where it is then...

By Staff reporter | Published: 01 January 2019

BUSINESS NEWS

No investors for Amaveni long-distance bus terminus

Kwekwe City Council is still failing to attract investors at the now defunct Amaveni Long Distance bus terminus as city fathers were still deciding what to do with the idle property, several years aft...

By Staff reporter | Published: 31 December 2018

BUSINESS NEWS

Zimbabwe courts Egyptian investors

Zimbabwe has secured interest from Egyptian business investors with revelations that a delegation from the North African nation will follow their targeted areas in the first quarter of next year.The I...

By Staff reporter | Published: 16 December 2018

TELECOMS & TECHNOLOGY

'Zimbabwe telecoms investment costs drop 35%'

ZIMBABWE's infrastructure sharing model has yielded up to 35 percent drop in the cost of investment in the information and telecommunications sector, which will largely benefit ordinary consumers and ...

By Staff reporter | Published: 10 December 2018

BUSINESS NEWS

Zimbabwe ranks lowly on investment

ZIMBABWE attracted US$470 million in foreign direct investment (FDI) in 2018, making it one of the least attractive investment destinations in the Southern African Development Community.This comes aga...

By Staff reporter | Published: 30 November 2018

TRANSPORT & TOURISM

22 investors eye struggling Zupco

LOCAL Government minister July Moyo yesterday told Parliament that 22 investors from local and abroad had expressed interest in struggling State-owned transport operator, Zimbabwe United Passenger Com...

By Staff reporter | Published: 22 November 2018

BUSINESS NEWS

New Zimbabwe Bill to guarantee investments safety

THE Property Rights Bill is being finalised and would be tabled in Parliament before the end of the year as Government moves to guarantee safety of all investments in the country, Industry and Commerc...

By Staff reporter | Published: 21 November 2018
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