MINING & RETAIL

Manicaland mining communities demand fair benefits

Mining communities across Manicaland Province have intensified calls for local policies that prioritise their welfare and ensure they derive tangible benefits from the extraction of the region's rich ...

By Staff reporter | Published: 2 hours ago

TELECOMS & TECHNOLOGY

Zimbabwe's mobile network operators hit by currency woes

Zimbabwe's mobile network operators (MNOs) are reeling from a sharp decline in profitability, with spiralling costs and exchange rate volatility emerging as key culprits, according to a new industry r...

By Staff reporter | Published: 22 June 2025

LANDS & AGRICULTURE

Zimbabwe sets new tobacco production record

Zimbabwean tobacco farmers have shattered previous production records, harvesting a staggering 306.2 million kilograms of the golden leaf this season - a new all-time high for the country. The achieve...

By Staff reporter | Published: 20 June 2025

INDUSTRIALS & ENERGY

Edgars turns to mass market and local supply

Edgars Stores Limited has effectively become Zimbabwe's sole listed clothing retailer after Truworths Zimbabwe entered corporate rescue in 2024, following a prolonged period of financial distress and ...

By Staff reporter | Published: 20 June 2025

FINANCIAL SERVICES

Fresh details on collapsed US$2,5bn CBZ bid emerge

An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...

By Staff reporter | Published: 20 June 2025

MINING & RETAIL

Prospectors slam Zimbabwe's 'secretive' Mines and Minerals Bill

Zimbabwe's long-anticipated Mines and Minerals Bill is under fresh scrutiny, with industry stakeholders warning that the proposed legislation remains opaque, exclusionary, and dangerously susceptible ...

By Staff reporter | Published: 20 June 2025

MINING & RETAIL

Promising gold discovery near Bulawayo

London-listed Kavango Resources Plc has announced the discovery of a series of significant gold intercepts at its flagship Hillside Gold Project near Bulawayo, further boosting Zimbabwe's profile as a...

By Staff reporter | Published: 20 June 2025

FINANCIAL SERVICES

Zimbabwe rebuilds correspondent banking ties

The Bankers Association of Zimbabwe (BAZ) has confirmed that some regional and niche international financial institutions have begun cautiously re-engaging with Zimbabwean banks, following the lifting...

By Staff reporter | Published: 19 June 2025

MINING & RETAIL

Mimosa Mine mulls US$100m shaft expansion

Zvishavane-based Mimosa Mining Company has announced plans to invest US$100 million towards the development of a new shaft aimed at extending the life of its platinum mine to 22 years. The firm, one o...

By Staff reporter | Published: 18 June 2025

MINING & RETAIL

Premier secures funding for Zulu Lithium Project

Premier African Minerals Limited has announced a major development in its flagship Zulu Lithium and Tantalum Project in Insiza, Matabeleland South, after settling US$1.1 million worth of contractor in...

By Staff reporter | Published: 11 June 2025

LANDS & AGRICULTURE

Zimbabwe's grain deliveries surge

The Government has reported a significant increase in grain and oilseed deliveries to the Grain Marketing Board (GMB) for the 2024-2025 summer production season, signalling a positive outlook for nati...

By Staff reporter | Published: 11 June 2025

MINING & RETAIL

Zimbabwe to ban export of lithium concentrates

Zimbabwe will prohibit the export of lithium concentrates starting January 2027, as part of government efforts to compel foreign mining companies to establish processing and refining facilities within...

By Staff reporter | Published: 11 June 2025

FINANCIAL SERVICES

ZBFH to surrender building society licence by year-end

Financial services group ZB Financial Holdings (ZBFH) has announced its intention to comply with the Reserve Bank of Zimbabwe's (RBZ) conditions to surrender the licence of its building society unit b...

By Staff reporter | Published: 11 June 2025

INDUSTRIALS & ENERGY

PPC Zimbabwe triples cash holdings, remains debt-free

PPC Zimbabwe has once again demonstrated its financial resilience and operational discipline, closing the financial year ending March 31, 2025, with a debt-free balance sheet and unrestricted cash hol...

By Staff reporter | Published: 11 June 2025

FINANCIAL SERVICES

Nedbank Zimbabwe wins US$2m Supreme Court case

The Supreme Court has thrown out an appeal by Israel-based firm Magic Software Enterprises Limited, which had sought to overturn a High Court decision that ruled nearly US$2 million held in a Nedbank ...

By Staff reporter | Published: 10 June 2025

MINING & RETAIL

Smith to retire from Kavango Resources

Kavango Resources Plc has announced the upcoming retirement of its Board Chairman, David Smith, effective June 30, 2025, marking the end of an accomplished tenure that significantly contributed to the...

By Staff reporter | Published: 10 June 2025

MINING & RETAIL

OK Zimbabwe shuts down Food Lover's Market outlets

Retail giant OK Zimbabwe has announced the closure of its premium Food Lover's Market outlets in Borrowdale and Avondale, a move that underscores the mounting pressure on Zimbabwe's formal retail sect...

By Staff reporyter | Published: 04 June 2025

TELECOMS & TECHNOLOGY

Econet completes network upgrade

Econet Wireless Zimbabwe has successfully completed its comprehensive network infrastructure modernisation programme, positioning the telecoms giant for a new era of digital innovation and growth. The...

By Staff reporter | Published: 04 June 2025

MINING & RETAIL

RioZim in talks for US$20m bailout

Struggling mining company RioZim Limited is reportedly in advanced discussions with a potential investor for an initial US$20 million injection aimed at revitalising its cash-strapped operations, the ...

By Staff reporter | Published: 04 June 2025

TELECOMS & TECHNOLOGY

NetOne boss wins top ZNCC award

NetOne Group Chief Executive Officer, Engineer Raphael Mushanawani, has been honoured with the prestigious Business Leader of the Year 2025 award by the Zimbabwe National Chamber of Commerce (ZNCC), i...

By Staff reporter | Published: 03 June 2025

FINANCIAL SERVICES

ZB tips Mastercard deal to drive global transactions

ZB Financial Holdings (ZBFH) has launched a new range of Mastercard products as part of its ongoing digital transformation strategy aimed at expanding financial inclusion and giving Zimbabwean custome...

By Staff reporter | Published: 03 June 2025

MINING & RETAIL

'Tsholotsho Gold Project has 1 million gold ounces potential'

United Kingdom-based mining company Ariana Resources Plc has announced that its flagship Dokwe Gold Project in Zimbabwe has the potential to yield more than one million ounces of gold, reinforcing inv...

By Staff reporter | Published: 02 June 2025

FINANCIAL SERVICES

Afreximbank posts strong net income of US$215 million

The African Export-Import Bank (Afreximbank) has reported a strong financial performance for the first quarter of 2025, demonstrating resilience and profitability amid global economic headwinds. The p...

By Staff reporter | Published: 22 May 2025

LANDS & AGRICULTURE

Seed firms crippled by Zimbabwe govt debt

Zimbabwe's seed industry is teetering on the edge of collapse as the government grapples with ballooning debt, having failed to pay seed suppliers nearly US$270 million over the past three farming sea...

By Staff reporter | Published: 22 May 2025

LANDS & AGRICULTURE

Only 10,85% of Zimbabwe's arable land under irrigation

Only 10.85% of Zimbabwe's two million hectares of irrigable land is currently under irrigation, a shortfall that continues to limit the country's food security and grain export potential, Deputy Minis...

By Staff reporter | Published: 22 May 2025
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