MINING & RETAIL

Karo Platinum Project capex rises to US$546m

The Karo Platinum Project's capital expenditure (capex) has increased by 6.45% to US$546 million, driven by higher costs in infrastructure, engineering, and processing, as the Zimbabwean platinum gro...

CONSTRUCTION & PROPERTY

Tigere to acquires 2 prime retail properties

Tigere Property Fund (Tigere REIT) has announced plans to expand its real estate portfolio through the acquisition of two prime retail assets, the Greenfields Retail Centre and Phase 1 of Zimre Park ...

INDUSTRIALS & ENERGY

Zimbabwe seeks to boost tobacco value addition

ZIMBABWE, one of Africa's largest tobacco producers, aims to leverage its booming trade with China to increase tobacco production and promote value addition, a senior government official has said.Min...

MINING & RETAIL

Zimbabwe's diamond deal sparks controversy

Executives at Zimbabwe's state-owned diamond and mineral marketing companies have plunged the country's mineral wealth into turmoil after signing a multi-million-dollar agreement with a loss-making D...

MINING & RETAIL

Redwing Mine saga takes new twist

In a dramatic and controversial policy reversal, Zimbabwe's Ministry of Mines and Mining Development has formally endorsed the continued operations of Betterbrands Mining at the Redwing Mine in Penha...

INDUSTRIALS & ENERGY

Tunland V9 to be assembled in Zimbabwe

Quest Motor Manufacturing is set to receive its first batch of equipment next month to kick-start the production of about 180 vehicles, marking a major step in the Government's efforts to promote loca...

US cancels $500 million cobalt tender

The US Defense Department canceled a tender to buy cobalt, in a fresh sign of the challenges facing Western countries trying to bolster domestic supplies of the battery metal.The Defense Logistics Age...

LANDS & AGRICULTURE

Zimbabwe's wheat farmers face market glut

Zimbabwe's wheat farmers are struggling to find buyers after producing a record-breaking harvest this season, raising concerns about market access and crop management in Africa's fast-growing agricu...

INDUSTRIALS & ENERGY

120MW boost as Hwange Unit 6 restored

Zimbabwe's power generation capacity received a significant boost on Tuesday with the successful restoration of Unit 6 at Hwange Thermal Power Station, adding a crucial 120 megawatts (MW) to the nati...

LANDS & AGRICULTURE

Zimbabwe projects cereal surplus

Zimbabwe is projected to record a cereal surplus of about 456,937 tonnes by May 2026, according to the 2024–25 Post-Harvest Survey Report, jointly compiled by the Zimbabwe National Statistics Agenc...

TRANSPORT & TOURISM

Zimbabwe named World's best country to visit in 2025 by Forbes

Zimbabwe has been crowned the world's best country to visit in 2025, according to Forbes magazine, a recognition that underscores the nation's growing appeal as a premium international tourist destin...

MINING & RETAIL

Zimbabwe's mining sector sees gold surge

Zimbabwe's mining industry posted a mixed performance in 2025, with gold production surging while key minerals such as platinum, lithium, and nickel recorded significant declines, even as sector lead...

MINING & RETAIL

Gold shatters $4,000 milestone

Gold surged past the $4,000 an ounce level for the first time on Wednesday, building on a record-breaking rally as broader geopolitical and economic uncertainty, as well as expectations of U.S. intere...

MINING & RETAIL

New offtake deal needed to boost Zulu output

British-based miner Premier African Minerals Limited (Premier) says unlocking the full production capacity of its Zulu lithium project in Zimbabwe hinges on a revised offtake agreement with Canmax Te...

TRANSPORT & TOURISM

fastjet introduces Bulawayo-Victoria Falls flights

Fastjet Zimbabwe has expanded its domestic flight network with the launch of a new route linking Bulawayo to Victoria Falls.The service, which operates four times a week on Mondays, Wednesdays, Frida...

MINING & RETAIL

Zimbabwe gold prices move to 118.26 per gram

Zimbabwe's artisanal and small-scale gold miners are reaping major rewards after gold prices surged to US$118.26 per gram (3,678.64 per ounce), the highest level recorded in recent months.The price ra...

TRANSPORT & TOURISM

Unifreight reports 231% revenue growth

Unifreight Africa has reported a strong financial performance for the half-year ended 30 June 2025, driven by expanding cross-border operations and increased trade activity along the Beira corridor.G...

LANDS & AGRICULTURE

Wheat records first ZMX trade at US$400/tonne

Wheat has recorded its first trade on the Zimbabwe Mercantile Exchange (ZMX) weekly auction floor, with the crop fetching an average price of US$400 per tonne as harvesting of the 2025 crop begins.Ac...

MINING & RETAIL

Beebeejaun resigns as RioZim chairman

RioZim Limited has announced the resignation of its chairman, Saleem Rashid Beebeejaun, after more than six years at the helm of the embattled mining giant. His departure comes at a time when the comp...

MINING & RETAIL

ZCTU slams Sino-Bikita minerals

The Zimbabwe Congress of Trade Unions (ZCTU) has accused the government of compromising national sovereignty by permitting Chinese investors to operate mining companies that allegedly violate workers'...

MINING & RETAIL

Mutapa injects US$5.3 million to revive Dorowa Mine

The government, through the Mutapa Investment Fund (MIF), has injected US$5.3 million to revive Dorowa Mine, a strategic move aimed at strengthening local fertiliser production, reducing reliance on ...

MINING & RETAIL

Kavango discovers high-grade gold in Zimbabwe

Kavango Resources, a London-listed and Victoria Falls Stock Exchange-listed metals exploration and gold production company, has reported encouraging results from its latest surface drilling programme...

MINING & RETAIL

Blanket Mine employee killed in blasting accident

Caledonia Mining Corporation Plc has confirmed the death of a worker at its Blanket Mine in Gwanda, Matabeleland South, following a blasting accident on Monday, September 22.The incident occurred dur...

TELECOMS & TECHNOLOGY

Zimbabwe mobile operators record strong growth

Zimbabwe's mobile telecommunications sector recorded significant growth in the second quarter of 2025, with revenues climbing, costs easing, and capital investment reaching record levels, according t...

INDUSTRIALS & ENERGY

Dairibord surpasses 20 million litres in milk intake

Dairibord Zimbabwe Limited (DZL) has crossed the 20-million-litre threshold in milk intake, a milestone attributed to proactive management strategies and expanded engagement with farmers across the co...