BUSINESS NEWS

Zimbabwe govt to set up oxygen plant in Lupane

The Government is setting up a medical oxygen production plant in Lupane, Matabeleland North Province, as part of a broader national strategy to boost self-sufficiency in critical healthcare supplies....

By Staff reporter | Published: 09 July 2025

BUSINESS NEWS

Tagwirei breaks silence on Dema power plant tender

Zimbabwean multi-millionaire tycoon Kudakwashe Tagwirei has for the first time publicly explained how he secured the highly controversial tender to construct the ill-fated Dema Power Plant project in ...

By Staff reporter | Published: 26 June 2025

INDUSTRIALS & ENERGY

Zimbabwe, Belarus to set up bus assembly plant

Zimbabwe is set to become a regional hub for bus manufacturing following an agreement with Belarus to establish a bus assembly plant in the country, leveraging locally produced steel from the Dinson I...

By Staff reporter | Published: 21 May 2025

INDUSTRIALS & ENERGY

Zimbabwe set for 300MW coal power plant boost

Zimbabwe's push to strengthen its energy infrastructure has received a significant boost, with independent power producer Huoyuntong Investments (Private) Limited applying to establish a 300-megawatt ...

By Staff reporter | Published: 20 May 2025

INDUSTRIALS & ENERGY

Ariston reduces costs with new solar plants

Zimbabwe Stock Exchange-listed agricultural company, Ariston Holdings Limited, has reported substantial financial savings driven by its investment in solar energy projects, which have helped reduce de...

By Staff reporter | Published: 16 May 2025

CONSTRUCTION & PROPERTY

Whi-Zim's cement plant progressing well in Zimbabwe

Construction of a multi-million-dollar cement manufacturing plant by Chinese firm Whi-Zim on the outskirts of Magunje Growth Point is progressing smoothly, with commissioning scheduled for June 2025, ...

By Staff reporter | Published: 10 May 2025

INDUSTRIALS & ENERGY

Surrey Group sets up 1,8MW solar plant in Zimbabwe

Leading agro-processing company Surrey Group has rolled out a 1.8 megawatt (MW) solar energy project aimed at providing reliable power to its abattoirs and retail shops in Marondera, in a major step t...

By Staff reporter | Published: 05 May 2025

INDUSTRIALS & ENERGY

Belarus to establish bus and tractor assembly plant in Zimbabwe

Belarus is set to establish a bus and tractor assembly plant in Zimbabwe by December 2025, further cementing the growing ties between the two nations. This announcement was made by Mr Pearson Chigiji,...

By Staff reporter | Published: 16 April 2025

MINING & RETAIL

Caledonia Mining sells solar plant for US$22.35 million

Caledonia Mining Corporation, the operator of Blanket Mine in Gwanda, has announced a US$14.3 million profit following the sale of its 12.2-megawatt solar power plant for US$22.35 million to CrossBoun...

By Staff reporter | Published: 14 April 2025

MINING & RETAIL

Lafarge to commission new plant

Listed cement maker, Lafarge Zimbabwe will soon commission a new vertical roller mill plant at its Manresa complex as it seeks to double its output, CEO Godfrey Ndugwa has said.The launch of the verti...

By Staff reporter | Published: 02 June 2022

INDUSTRIALS & ENERGY

AfDIS completes US$1m cider plant

Listed spirit and winemaker, African Distillers (AfDIS), has completed the construction of its US$1m ciderfermentation plant as it quickens pace to produce ciders locally, Business Times reported.AfDI...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

600MW Hwange plant takes shape

WORK on the expansion of the Hwange Power Station Stage 7 and 8 expansion is on track with 26 percent ground work having been covered so far, Sunday Business has learnt.The Government contracted Chine...

By Staff reporter | Published: 22 October 2019

MINING & RETAIL

Blanket Mine sets up oxygen plant, recoveries seen at 94%

As part of its investment plans to ramp up production, Canadian based mining firm Caledonia Mining has successfully installed and commissioned a new oxygen plant at its Blanket Mine which is expected ...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Stanbic, SAZ in solar plant deal

FINANCIAL services institution, Stanbic Bank Zimbabwe, has facilitated the construction of a ZAR7 million 190kw solar plant for Standards Association of Zimbabwe (SAZ) as part of interventions to aid ...

By Staff reporter | Published: 05 July 2019

BUSINESS NEWS

New drug plant for Zimbabwe

A new pharmaceutical manufacturing plant is set to be constructed in Mt Hampden, about 20km north-west of Harare, in a development expected to cut reliance on foreign drugs and create more jobs for ci...

By Staff reporter | Published: 03 July 2019

INDUSTRIALS & ENERGY

Batoka power plant construction set for next year

Zambia and Zimbabwe will start building the 2 400MW Batoka Gorge hydropower plant next year, a company jointly owned by the two governments said yesterday. The Batoka project involves construction of ...

By Reuters | Published: 03 July 2019

BUSINESS NEWS

China's Tsingshan expands plans for Zimbabwe steel plant

China's Tsingshan Holding Group has expanded its plans for a steel plant in Zimbabwe to include a power plant and a lithium concession, Zimbabwe's Mines Minister Winston Chitando said on Tuesday.Presi...

By Reuters | Published: 24 April 2019

MINING & RETAIL

Zimbabwe seals $5 billion deal for new steel plant

GOVERNMENT yesterday signed an investment deal worth more than $5 billion with a Chinese steel manufacturing giant, Tsingshan, for the setting up of a new steel plant in Mvuma and to bankroll a number...

By Staff reporter | Published: 24 April 2019

INDUSTRIALS & ENERGY

Car assembly plant for Kwekwe

A ZIMBABWEAN businessman, Dr Devine Mafa, who is based in the United States of America, has partnered with an unnamed international car manufacturer to set up a vehicle assembly plant in Kwekwe. In an...

By Staff reporter | Published: 06 February 2019

MINING & RETAIL

Kamativi starts work on refinery plant

Kamativi Tailings Company says it will commence civil works at its plant site in Matabeleland North after the company concluded a $9,5 million offtake arrangement with a Swiss-based commodity trader, ...

By Staff reporter | Published: 30 January 2019

BUSINESS NEWS

Natfoods re-opens Mutare milling plant

National Foods Limited will this week re-open its Mutare maize milling plant as it seeks to meet the growing demand of maize meal, a senior official said yesterday. The plant with capacity to mill 9 4...

By Staff reporter | Published: 08 January 2019

MINING & RETAIL

Mnangagwa to commission $62m Unki processing plant

President Mnangagwa is expected to commission Shurugwi-based Anglo-American platinum miners, Unki Mine's $62 million platinum processing plant next month. Construction of the plant began in 2016 an...

By Staff reporter | Published: 29 December 2018

INDUSTRIALS & ENERGY

Delta shuts soft drink plants

ZIMBABWE is headed for a dry festive season as stocks of soft drinks are expected to run out after Delta beverages shut down its plants citing inadequate foreign currency to keep them running.Delta, t...

By Staff reporter | Published: 23 December 2018

INDUSTRIALS & ENERGY

Indian firm to set up $40 million textile plant in Bulawayo

ONE of India's biggest and international acclaimed textile firms Shreejikrupa Spinners is considering investing over $40 million towards setting up a plant in Bulawayo soon.Industry and Commerce Deput...

By Staff reporter | Published: 23 December 2018

MINING & RETAIL

Mnangagwa commissions diamond mining plant

President Mnangagwa yesterday commissioned a Zimbabwe Consolidated Diamond Company (ZCDC) crushing plant here, marking the country's transition from alluvial to conglomerate diamond mining as he warne...

By Staff reporter | Published: 21 December 2018
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