INDUSTRIALS & ENERGY

Zimbabwe records 115 days without load shedding

Zimbabwe's power sector has reached a significant milestone, recording over 115 consecutive days without load shedding, as a combination of increased generation capacity, tariff reforms, regional impo...

By Staff reporter | Published: 21 April 2026

BUSINESS NEWS

Tanganda offloads assets

Tanganda Tea Company Limited, Zimbabwe's leading tea producer, has unveiled plans to raise US$7 million to shore up working capital, through the disposal of non-core assets and a bridging finance faci...

By Staff reporter | Published: 09 December 2025

BUSINESS NEWS

Zimbabwe cracks down on overloaded trucks

Government has announced a major nationwide crackdown on truck overloading, with new penalties set to hit transport operators who breach weight regulations in what officials say is a decisive push to ...

By Staff reporter | Published: 06 December 2025

POLITICS

Zimbabwe bails out Botswana with truckloads of ARVs

Zimbabwe has stepped in to help neighbouring Botswana with a consignment of anti-retroviral drugs (ARVs), sending a shipment that combines both a donation and a loan as Gaborone grapples with temporar...

By Staff reporter | Published: 03 November 2025

BUSINESS NEWS

Zimbabwe announces strict enforcement of axle load limits

The Ministry of Transport and Infrastructural Development has issued a stern warning to motorists and transport operators, announcing the immediate and strict enforcement of axle load regulations acr...

By Staff reporter | Published: 31 October 2025

TRANSPORT & TOURISM

Monomotapa Hotel to be offloaded for US$15 million

African Sun Limited (ASL), Zimbabwe's leading hospitality group, has announced June 30, 2025, as the target date for concluding the sale of the iconic Monomotapa Hotel, which is estimated to be worth ...

By Staff reporter | Published: 05 May 2025

BUSINESS NEWS

Zesa announces more load shedding

ZIMBABWEANS should brace for worse load shedding following "severe supply constraints" being experienced at South African power utility Eskom. The national power utility advised consumers about the la...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Load shedding to intensify - ZESA

Power utility, Zesa Holdings, has announced that it will implement load shedding outside the official schedule following a breakdown at Hwange Power Station. "Due to a technical fault at Hwange Power ...

By Staff reporter | Published: 26 June 2019

POLITICS

'Hackers downloaded voters' personal data'

The Information Communication Technology  (ICT) and Cyber Security ministry has said personalised, unsolicited campaign messages sent to potential voters' mobile phones by the ruling party could ...

By Staff reporter | Published: 13 July 2018

POLITICS

Biti offers 'bus loads' of cash

MDC Alliance principal Mr Tendai Biti has said "whites will come with lorries and buses full of money" to Zimbabwe if the opposition coalition wins the July 30, 2018 harmonised elections.At a rally at...

By Staff reporter | Published: 01 July 2018

TELECOMS & TECHNOLOGY

MTN increase LTE coverage and download speeds

MTN increased its coverage and improved the customer experience on its network between January and May 2018, according to chief technology and information officer Giovanni Chiarelli.Speaking during an...

By Staff reporter | Published: 21 June 2018

BUSINESS NEWS

No load shedding, says Zesa

THE Zimbabwe Electricity Supply Authority (Zesa) says there will not be any load shedding this winter.Speaking on the sidelines of a symposium held in Gweru, Zesa subsidiary, Zimbabwe Transmission and...

By Staff reporter | Published: 19 June 2018

BUSINESS NEWS

Zimbabwe has not had load shedding in 2 years

ZESA Holdings says it has not had load shedding for the past two years and that the intermittent blackouts in various suburbs in recent months have been down to the just-ended rainy season.Various are...

By Staff reporter | Published: 28 April 2018

BUSINESS NEWS

IDC offloads 15pc stake in Scaw Metals

The Industrial Development Corporation (IDC) has sold its 15 percent stake in Scaw Metals Group's Grinding Media, South Africa, to a United States of America firm, Magotteaux International as it seeks...

By Staff reporter | Published: 06 April 2018

FINANCIAL SERVICES

Banks offload 2 000 workers

AT least 2 000 workers have lost their jobs in the banking sector over the past five years due to an escalating economic crisis underpinned by political turmoil, a trade union has said.More workers in...

By Staff reporter | Published: 05 October 2017

BUSINESS NEWS

Zesa pays $8 million to avoid load shedding

Zimbabwe has paid $8 million to Eskom of South Africa and Hydro Cahora Bassa (HCB) of Mozambique to avoid losing 350 megawatts as the country battles to liquidate arrears amounting to over $50 millio...

By Staff reporter | Published: 02 August 2017

FINANCIAL SERVICES

Zimre mulls offloading stake in Malawian insurer

Zimre Holdings Ltd is considering offloading its stake in Malawi-based United General Insurance Company (UGI), to its subsidiary NicozDiamond. Sources close to the deal said it was only logical to sel...

By Staff reporter | Published: 16 April 2014

LANDS & AGRICULTURE

SeedCo to offload 49% of Quton

SeedCo is close to selling part of its shareholding in Quton, a cotton seed developer, to an Indian company Mahyco for a yet to be disclosed amount, sources said. SeedCo announced last year that...

By Staff reporter | Published: 07 February 2014

FINANCIAL SERVICES

Tetrad to offload Zimplow stake?

Tetrad Holdings Limited intends to dispose of its 27 percent stake in agriculture and mining implements company Zimplow Holdings to raise capital for its banking division, Tetrad Investment Bank.The ...

By Staff reporter | Published: 02 December 2013

INDUSTRIALS & ENERGY

Sakunda to complete fuel loading gantry next year

The $3 million Mabvuku fuel loading gantry project will be complete next year in April, a Sakunda Energy official has said. Sakunda Energy was given the task to construct the loading gantry by the Ene...

By Staff reporter | Published: 12 November 2013

FINANCIAL SERVICES

NSSA offloads FML shares

THE National Social Security Authority, the majority shareholder in Capital Bank has authorised sale of the bank's 21 percent shareholding in First Mutual Life to partly pay off depositors as the nati...

By Staff reporter | Published: 31 October 2013

TELECOMS & TECHNOLOGY

Telecel extends Mega Bonus Reloaded promotion

Telecel Zimbabwe has extended until the end of October its popular Mega Bonus Reloaded promotion, which was introduced in June this year and had been due to end on August 31. The Mega Bonus Reloa...

By Chengetai Chinembiri | Published: 24 September 2013

INDUSTRIALS & ENERGY

Zesa warns of more load shedding

ZESA Holdings has warned Zimbabweans to brace for increased load shedding outside the published schedule as the Hydro Cabora Bassa (HCB) is undertaking maintenance on its plant.In a statement yesterda...

By Staff reporter | Published: 04 September 2013

ZIMBABWE

Zesa load-shedding to continue until 2014

ELECTRICITY outages are set to continue until February next year due to maintenance work being carried out at the country's major power stations in Kariba and Hwange, Zimbabwe Power Company (ZPC), ha...

By Staff reporter | Published: 23 August 2013

LANDS & AGRICULTURE

Aico to offload SeedCo stake

ZIMBABWE Stock Exchange-listed agri-industrial firm Aico Africa Ltd is set to dispose of a 20 percent shareholding in Seed Co to a United Kingdom seed company, Limagrain, sources familiar with the mat...

By Business Reporter | Published: 19 July 2013
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