The European Investment Bank (EIB) has availed about €40m to Zimbabwe banks within a year, which will go towards bailing out the country's SMEs and mid-cap companies, in a vote of confidence in the ...
INSURER, Zimnat, says it has received exchange control permission to invest policyholder's funds contributed in foreign currency in offshore financial markets. The exchange control approval relates to...
FURNITURE and electrical appliances retailer, TV Sales & Home, has acquired a 49 percent stake in bed maker, Restapedic, and separately established a joint venture lounge suite manufacturing compa...
The Zimbabwean economy is fundamentally going through what the global economy is experiencing as well, albeit due to slightly different dynamics. A safe haven is generally a place where investors "par...
The huge public expectations raised by devolved government in Zimbabwe have turned into disappointment, the Zimbabwe Coalition on Debt and Development (Zimcodd) has said, after government failed to av...
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...
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...
ZIMBABWE Stock Exchange-listed mining group, RioZim, has appointed Mr Saleem Rashid Beebeejaun as chairman with effect from June 25, 2019. He takes over from Mr Lovemore Chihota who recently celebrate...
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...
PRESIDENT Emmerson Mnangagwa's administration's failure to address the economic challenges bedevilling the country - despite lofty promises - could have been described as spectacular if it were not so...
President Emmerson Mnangagwa has named former finance minister Patrick Chinamasa as the new chairman of the Air Zimbabwe board - but the validity of the appointment was immediately thrown into questio...
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...
The reappointment of Dr John Mangudya by President Emmerson Mnangagwa for a second five-year term as Governor of the Reserve Bank of Zimbabwe, and thus the custodian of the national monetary policy, w...
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...
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 ...
OPPOSITION ZAPU leader Dumiso Dabengwa has been airlifted to India for specialist treatment, his foundation has revealed.According to the Dumiso Dabengwa Foundation, the former Home Affairs Minister w...
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...
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...
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...
Long-suffering Zimbabweans are once again facing a bleak Christmas and New Year season - with the majority of the country's citizens jobless, penniless, hopeless and unable to afford even the most bas...
Long-suffering Zimbabweans are once again facing a bleak Christmas and New Year season - with the majority of the country's citizens jobless, penniless, hopeless and unable to afford even the most bas...
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 ...
Government is working flat out to ensure the availability of goods in shops especially this festive season, VP Kembo Mohadi has said. In a speech read on his behalf during the Confederation of Zimbabw...
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...
THE Government is working on dates for payments of this year's annual bonus for civil servants and yesterday assured that all workers will receive their 13th cheques before Christmas.In an interview, ...