BUSINESS NEWS

Hwange struggles to complete projects

Hwange Local Board Town is struggling to complete several development projects outlined in previous strategic plans due to financial constraints, with much of its funding dependent on intergovernmenta...

BUSINESS NEWS

Invictus granted national project status

Invictus Energy's flagship Cabora Bassa Project has been granted National Project Status (NPS) and secured a Petroleum Production Sharing Agreement (PPSA), positioning Zimbabwe as a rising player in A...

BUSINESS NEWS

Qatari firm injects $500m into Zimbabwe gas project

Qatari investment company Al Mansour Holdings has acquired a 19.9% stake in Australia’s Invictus Energy and pledged up to $500 million to support the development of the Cabora Bassa gas project in Z...

BUSINESS NEWS

Zimbabwe oil and gas project gains momentum

The Muzarabani oil and gas project has advanced into a new phase following the signing of a consolidated Production and Profit-Sharing Agreement (PPSA) between the Government and Invictus Energy, a la...

BUSINESS NEWS

Zesa completes massive meter rollout project

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has successfully migrated 99 percent of its customers in Bulawayo's historic suburbs from outdated metering systems to modern pre...

BUSINESS NEWS

Temporary road closures for Mabvuku Interchange project

Motorists on the Harare - Mutare Highway will face traffic diversions from September 9, 2025, as construction begins on the new Mabvuku Traffic Interchange, a key infrastructure project aimed at easin...

ZIMBABWE

AfDB projects 6% economic growth for Zimbabwe

The African Development Bank (AfDB) has projected that Zimbabwe is on track to achieve a six percent economic growth rate this year, supported by stability and recovery across key productive sectors.A...

LANDS & AGRICULTURE

Poaching threatens US$10m black pepper project

A lucrative US$10 million black pepper farming venture at Sable Ranch Farm in Marondera is under serious threat from rampant firewood poaching, with allegations that state security agencies are invol...

POLITICS

Funds looted in shocking Harare 'ghost projects' scandal

Millions of dollars earmarked for road rehabilitation and water infrastructure in Harare have disappeared under murky circumstances, with contractors paid in full for projects that were never carried...

MINING & RETAIL

Premier Minerals' Zulu Mine project impressive

AIM-listed Premier African Minerals says it is encouraged by progress at its Zulu Lithium Mine in western Zimbabwe, with the second phase of plant test runs at its lithium and tantalum project showin...

LANDS & AGRICULTURE

Honey processing project rakes in US$20 000

A rural beekeeping initiative in Buhera is making waves in Zimbabwe’s agro-processing sector, with the Chapanduka Honey Processing Association generating over US$20,000 in revenue over the past year...

BUSINESS NEWS

1-GW floating solar project in Zimbabwe

African Export-Import Bank, or Afreximbank, has signed a heads of terms agreement to provide USD 4.4 million (EUR 3.80m) to support a 1-GW hybrid floating solar project on Lake Kariba in Zimbabwe.The ...

BUSINESS NEWS

Councillors split over Egodini mall project

City councillors remain deeply divided on how to handle the stalled Egodini Mall redevelopment, as frustrations mount among residents over continued delays and traffic congestion attributed to the fai...

BUSINESS NEWS

Lake Gwayi-Shangani project to begin round-the-clock operations

Construction at the Lake Gwayi-Shangani multi-purpose dam has entered an intensive new phase, with contractors set to begin round-the-clock operations as government funding ensures uninterrupted progr...

POLITICS

Zimbabwe govt chefs scramble to save cement project

Senior government officials have stepped in to rescue a multi-million-dollar Chinese-run cement plant in Magunje, Mashonaland West, as mounting community resistance and environmental concerns threate...

CONSTRUCTION & PROPERTY

Mnangagwa orders funding for Gwayi-Shangani dam project

President Emmerson Mnangagwa has instructed the Finance Ministry to ensure a monthly disbursement of USD 5 million toward the completion of the long-delayed Gwayi-Shangani Dam, government spokesperson...

BUSINESS NEWS

Prioritise local labour on Bulawayo-Vic Falls road project

Hwange East legislator Joseph Bonda has called on the government to prioritise the employment of local people in the ongoing rehabilitation of the Bulawayo-Victoria Falls Highway, a critical national ...

MINING & RETAIL

PPC unveils 30MW solar energy project in Zimbabwe

South African cement manufacturer PPC Limited has announced it is developing a 30 megawatt (MW) solar energy programme in Zimbabwe, aimed at reducing operational costs and lessening dependence on the...

BUSINESS NEWS

Afreximbank backs Lake Kariba floating solar project

Businessman Eddie Cross's company, Green Hybrid Power Private Limited, has signed a landmark multimillion-dollar funding agreement that will pave the way for the development of a pioneering floating s...

BUSINESS NEWS

ZCDC to sue contractor over failed borehole project

The Zimbabwe Consolidated Diamond Company (ZCDC) is preparing to take legal action against Diamond Base Company, a contractor hired to drill 20 boreholes in Chiadzwa, after the US$100,000 project fail...

MINING & RETAIL

Kavango exercises option to acquire Zimbabwe gold project

London-listed Kavango Resources has exercised its option to acquire 100% of the Nara gold project, in Zimbabwe.Kavango entered the option to acquire Nara in June 2023.To fund the Nara acquisition and ...

FINANCIAL SERVICES

Mukuru projects 500% surge in MukuruPay usage

Financial services provider Mukuru is projecting a 500 percent increase in the use of its MukuruPay platform during the 2025 tobacco selling season, driven by strategic partnerships within the tobacco...

BUSINESS NEWS

Egodini Mall project tarnishes BCC

As delays and controversy continue to dog the long-awaited Egodini Mall and Transport Hub redevelopment project, calls for greater accountability in local governance have reached fever pitch. The stal...

BUSINESS NEWS

Mutare unveils ambitious water project

The City of Mutare is set to establish a wholly council-owned water utility company aimed at improving service delivery, addressing decades-old infrastructure challenges, and ensuring a sustainable an...

Magunje cement project accused of rights abuses

The Centre for Natural Resource Governance (CNRG) has issued a scathing report accusing developers of the US$1 billion Magunje cement and mining project of widespread human rights abuses, forced displ...