State-owned gold producer Mutapa Gold Resources is set to embark on a major expansion drive after securing US$75 million in syndicated financing for the first phase of its US$152 million Shamva Hill P...
The City of Bulawayo awarded procurement contracts worth more than US$1.5 million in April 2026 despite mounting challenges that have seen infrastructure projects delayed, contractors abandoning sites...
Construction of a new Central Business District (CBD) extension in Beitbridge has officially commenced, marking a significant milestone in efforts to modernise the border town and support its transfor...
A US$7.6 million tax administration and governance reform programme funded by the African Development Bank (AfDB) has delivered significant improvements in Zimbabwe's revenue collection system, with a...
Zimbabwe is projected to record a grain surplus exceeding 600 000 tonnes this year, which will be channelled into the country's strategic reserves, reflecting continued gains in national food securit...
Zimbabwe's Minister of Finance, Economic Development and Investment Promotion, Mthuli Ncube, says the country remains on course to achieve around 5% economic growth by the end of 2026 despite increas...
AIM and ASX-listed mineral exploration and development company Ariana Resources Plc has announced the partial disposal of its stake in Zenit Madencilik, with part of the proceeds set to finance feasi...
Zimbabwe is building a strong national food reserve cushion, with Cabinet projecting a strategic grain surplus of between 550 945 tonnes and 964 945 tonnes following a strong agricultural season.The ...
Zimbabwe's industrialisation drive is gaining momentum as the Zhong Jin He Li Energy project in Hwange moves into Phase Two expansion, a development expected to significantly increase power generation...
A high-level delegation from the African Development Bank Group is expected in Zimbabwe tomorrow for strategic discussions on the proposed US$100 million Glassblock Bopoma Dam and Pipeline Project, a...
The US$294 million Kariba Dam Rehabilitation Project, aimed at securing one of Southern Africa's most critical hydro-power assets, is now approximately 94 percent complete, according to the Zambezi Ri...
Construction of the 10-megawatt mini-hydro power station at Gwayi-Shangani Dam has entered the civil works phase, marking a major milestone in one of Zimbabwe's key infrastructure developments.The pr...
Government says it will pay US$75.6 million to compensate landowners to pave the way for the development of a new city at Mount Hampden, but delays in processing payments are slowing down the ambitio...
Zimbabwe is projecting a strong 2025/2026 agricultural season, but outstanding payments to farmers continue to reflect liquidity pressures across the sector.According to Cabinet notes, the government ...
Zimbabwe is projecting a national cereal surplus of between 550,945 and 964,945 metric tonnes through to March 2027, underpinned by an estimated total cereal output of 2.74 million metric tonnes for t...
Beitbridge Municipality has terminated its contract with Ultra Construction over delays in completing the Dulivhadzimu Long-Distance Bus Terminus, a project that has been ongoing since 2012. The move...
Zimbabwe is on track to achieve single-digit local currency inflation by the first quarter of 2026, a milestone not reached since 1997, Finance, Economic Development and Investment Promotion Minister ...
A proposed multi-billion-dollar cyber city project in Marondera - billed as one of the largest private-sector investments in Mashonaland East - has been thrown into uncertainty amid allegations of cor...
The long-promised development of residential stands at Judds Farm in Gwanda has stalled indefinitely, leaving hundreds of home seekers who paid between US$3 000 and US$11 000 as far back as 2015 in de...
Local investor participation in Zimbabwe's licensed projects has plummeted by a staggering 97.55% to just US$3.15 million in the third quarter of 2025, according to new data from the Zimbabwe Investm...
Vice President Dr. Constantino Chiwenga voiced his disappointment yesterday after a visit to the Bhulaayo Kraal agricultural project in Binga, revealing significant concerns about the mismanagement a...
Australian mining company, Prospect Resources Limited, has agreed to sell its Step Aside Lithium Project in Zimbabwe to Fatima Resources Pty Ltd for up to US$2.2 million. The decision to offload the ...
A proposed US$750 million smart water meter project has ignited a fierce debate among Harare city councillors, with growing concerns over its funding, potential impact on residents, and the transpare...
Treasury has released more than US$101 million this year towards the construction of the Gwayi-Shangani and Kunzvi dams, as the Government steps up efforts to end chronic water shortages in Bulawayo a...
Zimbabwe has been rated as the least attractive country for investment in Africa by South African investment bank Rand Merchant Bank (RMB), which cited persistent economic instability, high inflation,...
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