AMERICAS

Elon Musk toppled as world's richest man

Elon Musk has lost his title as the world's richest person to Larry Ellison, the co-founder of Oracle and an ally of US President Donald Trump.Ellison's wealth surged to US$393bn yesterday morning, s...

By Staff reporter | Published: 11 September 2025

BUSINESS NEWS

Rich Dad Poor Dad author set for Harare

Harare is set to host one of the world's most influential financial thinkers next month when Robert Kiyosaki, the celebrated American businessman, investor, and best-selling author of Rich Dad Poor Da...

By Staff reporter | Published: 28 August 2025

MINING & RETAIL

Zimbabwe's diamond wealth enriches elites

For decades, diamonds have been celebrated as symbols of wealth and transformation — precious stones capable of reshaping entire nations. But in Zimbabwe's diamond-rich fields, the reality for local...

By Staff reporter | Published: 24 August 2025

BUSINESS NEWS

Gold rally is bringing new riches to rural Zimbabwe

In Filabusi, the streets are packed with BMW X5s and Land Rover Defenders, modern houses paid for in cash are springing up and whisky is only sold by the bottle in the small town's bars.The three-year...

By Staff reporter | Published: 11 June 2025

BUSINESS NEWS

10 rich countries non-committal on Zimbabwe's appeal

Zimbabwe is yet to secure any firm pledges of financial support from the 10 countries it appealed to in its ongoing bid to settle long-standing debt arrears.The southern African nation is burdened wit...

By Staff reporter | Published: 02 June 2025

POLITICS

Chivayo's destiny is to be rich, says prophet

A local religious leader has sparked fresh debate over the controversial and flamboyant businessman Wicknell Chivayo, describing him as a man divinely destined to accumulate wealth.Prophet Thomas Mako...

By Staff reporter | Published: 21 May 2025

BUSINESS NEWS

N Richards cashier steals US$35 250

Police in Rusape have launched a manhunt for a cashier at N Richards Wholesalers, Tawanda Manzvinde (34), who is accused of stealing US$35,250 in cash collected over the Easter holiday  -  i...

By Staff reporter | Published: 10 May 2025

POLITICS

Zimbabwe's rich and famous are quaking in their boots

The country's rich and famous are quaking in their boots after the Zimbabwe Revenue Authority (Zimra) launched a massive crackdown on tax evaders, as President Emmerson Mnangagwa's government clamps d...

By Staff reporter | Published: 21 November 2018

OPINION

MDC-dominated councils: manifest of self-enrichment

The MDC Alliance, which represents a grouping of the main opposition set to participate in the July 30 elections, presented its manifesto to the electorate early last month in a bid to market itself.T...

By Nobleman Runyanga | Published: 03 July 2018

BUSINESS NEWS

Feonirich seeking to invest in Victoria Falls

The Zimbabwe Tourism Authority (ZTA) and the Tourism ministry have welcomed the visit from a United Arab Emirates based investor, Feonirich LLC who is seeking to invest in projects in Victoria Falls. ...

By Staff reporter | Published: 31 May 2018

POLITICS

Mudzuri slams imposition of 'rich strangers' in MDC-T

MDC-T deputy president Engineer Elias Mudzuri yesterday confirmed the chaos rocking the party's process to select representatives ahead of national elections, alleging imposition of "rich strangers" a...

By Staff reporter | Published: 18 May 2018

BUSINESS NEWS

Chinamasa, Gumbo self-enrichment plan exposed

TRANSPORT minister Jorum Gumbo and his Finance counterpart Patrick Chinamasa have been stopped dead in their tracks by exposure of their self-enriching plan to shut down flag carrier Air Zimbabwe (Air...

By Staff reporter | Published: 20 April 2018

BUSINESS NEWS

'Cops seize rich gold mine'

THE situation is tense at a gold mine in Inyathi where a person has died after police called to restore order allegedly took over operations.More than 300 illegal panners had allegedly invaded Old Mot...

By Staff reporter | Published: 20 April 2018

POLITICS

'Mnangagwa is the richest man in Zimbabwe'

PRESIDENT Emmerson Mnangagwa is the richest man in Zimbabwe and he, together with the army staged a coup to protect their ill-gotten wealth, says Jonathan Moyo.According to NewZimbabwe.com, the former...

By Staff reporter | Published: 01 February 2018

MINING & RETAIL

Rich Pro extends takeover offer deadline for Asa

Chinese company Rich Pro Investments Limited (RPI) has extended the deadline of its takeover offer for Asa Resource Group Plc as it continues talks with the mining group's administrators.RPI, an inves...

By Staff reporter | Published: 14 September 2017

BUSINESS NEWS

Jericho appointed DStv media agent

LOCAL advertisers can now book advertising space across multiple channels on DStv for the first time following the appointment of Jericho and The Jupiter Drawing Room (South East Africa) as the popula...

By Staff reporter | Published: 21 August 2017

WATCH: Africa's richest man talk to Al Jazeera

The continent's wealthiest businessman talks about job creation, success and the opportunities Africa provides. ...

By Al Jazeera | Published: 02 August 2017

AFRICA BUSINESS

Richemont in trouble as luxury watch chief quits

Zurich - Swiss luxury-goods maker Richemont's head of watchmaking, once seen as a candidate to lead the entire company, is leaving less than four months after a management reorganisation put him in co...

By Staff reporter | Published: 14 July 2017

MINING & RETAIL

Rich gold deposits discovered in Nyanga

New rich gold deposits were recently discovered by artisanal miners in Nyanga. Mines commissioner for Manicaland Province Mr Agripa Chimusasa said in an interview last week that the discovery of new ...

By Staff reporter | Published: 26 May 2014

LANDS & AGRICULTURE

Ostrich industry collapses

The ostrich industry in Zimbabwe has virtually collapsed with the few birds left found in private wildlife parks while the association of producers has also folded, leaving farmers without a represen...

By New Ziana | Published: 16 April 2014

INDUSTRIALS & ENERGY

Jericho Advertising scores a first

Local advertising agency, Jericho Advertising, has scored a first for Zimbabwe after chief executive Mr Denford Magora and the firm's executive director Mr Ashley Mhonda were appointed to top advertis...

By Staff reporter | Published: 18 March 2014

MINING & RETAIL

ACR focuses on rich Pickstone Peerless

African Consolidated Resources has over the last decade, raised more than $70 million, with the majority of that capital being put into the development of mineral ground in Zimbabwe. Some of tha...

By Staff reporter | Published: 07 February 2014

BUSINESS NEWS

Jericho CEO appointed to SA's Loeries Advisory Board

Jericho Advertising Zimbabwe CEO, Denford Magora, has been appointed to The Loeries Advisory Board.Magora becomes the only Zimbabwean to ever get this honour.The Loeries are one of the Top 5 Advertisi...

By Staff reporter | Published: 23 January 2014

MINING & RETAIL

Jericho Advertising makes waves in SA

JERICHO Advertising Zimbabwe has, for the second year running, now, been the only non-South African advertising agency listed by Adfocus, the prestigious South African Advertising and Marketing Annua...

By Staff reporter | Published: 16 December 2013

AMERICAS

Wealthy families hoarding cash, says Citi

A new survey of family offices by Citi finds that the wealthy are cash heavy  - meaning they may fall short of the investment returns they're expecting.Wealthy families have about 39 percent of t...

By CNBC's Lawrence Delevingne. | Published: 04 November 2013
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