May 08, 2023
Zimbabwe: Invictus Confirms Existence of Oil, Gas in Zimbabwe
Invictus Energy (IVZ.AX), an Australia-listed company, announced on Monday that it has confirmed the presence of light oil, gas condensate, and helium at its Cabora Bassa project… Read more »
April 27, 2023
Zimbabwe: Local CEOs Set for U.S. Business Interface
A delegation of Zimbabwean business executives under the CEO Africa Roundtable is heading to the United States of America for a series of business interfaces with global peers and… Read more »
March 09, 2023
Zimbabwe: Zimbabwe Still Importing Electricity From South Africa Despite Eskom Challenges
Energy and Power Development Minister Soda Zhemu says the country is importing around 170 megawatts of electricity from South Africa despite the power supply situation in the… Read more »
March 06, 2023
Zimbabwe: Fastjet Beefs Up Fleet Ahead of Kariba, Hwange Routes Launch
The first of FastJet's three Embraer 120 aircrafts meant to service new domestic routes-Kariba and Hwange National Park landed in Harare recently ahead of flights launch set for… Read more »
February 13, 2023
Zimbabwe: Hwange Power Station Run By Incompetent People - Former Minister
Former deputy Prime Minister in the Government of National Unity (GNU) Professor Arthur Mutambara says the Indian company Water and Power Consultancy Services (WAPCOS) contracted… Read more »
Zimbabwe: Tobacco Farmers Ecstatic As Country Records Good Rains
Zimbabwe Tobacco Growers Association says, tobacco output is expected to be high in both volume and quality due to the good rains that the country is receiving this cropping… Read more »
February 08, 2023
Zimbabwe: Forex Shortages Choke Econet Operations
Telecommunications giant, Econet Wireless Zimbabwe says the shortage of foreign currency on the market has adversely affected its capacity to service its network foreign suppliers… Read more »
February 06, 2023
Zimbabwe: Tigere Reit Declares U.S.$ 152k Maiden Dividend
Tigere Property Fund, Zimbabwe's first real estate investment trust (REIT) has declared its maiden dividend of US$ 152 577 in line with its Listing Prospectus. Read more »
January 25, 2023
Zimbabwe: EMA Slaps Gold Mine With Zw$ 500k Fine for Flouting Environment Laws
The Environmental Management Agency (EMA) has slapped gold mining firm, Jannarch 17 Gold Mining and Milling with a ZW$ 500 000 fine for operating a gold mine without an… Read more »
January 19, 2023
Zimbabwe: Elections to Derail Economic Stability - Morgan & Co
Economic research firm Morgan & Co has cast a gloomy economic outlook for the country ahead of the up-coming general elections citing the effects of political tensions already… Read more »
January 17, 2023
Zimbabwe: Adhere To Agronomic Practices To Safeguard Crops
Speaking to a local daily, Jiri said farmers should safeguard their crops by adhering to agronomic practices. Read more »
January 11, 2023
Zimbabwe: Govt Moves To Curb The Rampant Exportation Of Unprocessed Minerals
A new Statutory Instrument on base minerals export control (Unbeneficiated Base Mineral Ore) order 2023, was gazetted last week and outlines the new measures that came into force… Read more »
Zimbabwe: Mnangagwa Signs Act Prohibiting Long Strikes By Health Workers
Over the years, healthcare workers have embarked on prolonged strikes citing poor working conditions and low wages, a situation that left the already burdened health system in dire… Read more »
January 12, 2023
Zimbabwe: Local Firms Yield US$ 1.1 Billion From Auction System in 2022
The MoHCC with support from Higher Life Foundation, Save the Children, World Vision and World Health Organization conducted a five-day workshop in Kadoma (12-16 December 2022) to… Read more »
January 11, 2023
Zimbabwe: Local Firms Yield U.S.$ 1.1 Billion From Auction System in 2022
The auction system was established as a price discovery mechanism for the local currency as well as availing much needed foreign currency to local companies for production at a… Read more »
October 03, 2022
Zimbabwe: Govt Looking at Alternative Energy Sources Following Crippling Power Cuts - Mnangagwa
In recent weeks, households had to deal with bouts of over 10 hours load shedding with power utility the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) saying… Read more »
September 05, 2022
Zimbabwe: Teachers Have Vowed to Embark On a Go-Slow As Opposed to a Full-Blown Strike to Protest Against Victimization of Educators By State Security Agents Over Their Paltry Salaries
Amalgamated Rural Teachers Union of Zimbabwe president Obert Masaraure said teachers are receiving threats from suspected state agents, warning them against going on a strike. Read more »
Zimbabwe: President Emmerson Mnangagwa Has Launched the State of the Art Fertilizer Blender Plant At Zimbabwe Phosphate Industries (Zimphos) in Msasa With Capacity of Producing 200 000 Tonnes of Basal Fertilizers Per Annum.
ZimPhos is wholly owned by Government through Chemplex Corporation Limited which is also owned 100% Industrial Development Corporation of Zimbabwe. Read more »
August 05, 2022
Zimbabwe: Persistent Power Outages Adversely Affected Operations, Increased Costs at Econet Wireless
Zimbabwe is currently facing acute power shortages which have led to supply being limited to less than 12 hours per day in some areas. Read more »
July 21, 2022
Zimbabwe: Energy Minister 'In Dark' Over Load Shedding
Energy Minister, Soda Zhemu Wednesday told Parliament that he is not sure when the current load shedding will end as he gave a gloomy picture of the state of equipment being used… Read more »
July 11, 2022
Zimbabwe: Pay Geogenix, Minister Orders City Of Harare
A special council meeting chaired by Harare Mayor Jacob Mafume resolved to suspend the deal after councillors heard that it was signed without the council carrying out its own… Read more »
June 30, 2022
Zimbabwe: ZTA Looks West for Tourism Growth
The Zimbabwe Tourism Authority (ZTA)is currently attending the Meetings Show London in the United Kingdom to stimulate tourism growth. Read more »
Zimbabwe: Cushion Civil Servants With 50 Percent U.S. Salaries, Urged Govt
Debt and development pressure group, the Zimbabwe Coalition on Debt and Development (ZIMCODD) has called on the government to offer civil servants 50% salaries in United States… Read more »
Zimbabwe: ZSE Firms Fete Shareholders With Usd Dividends Payouts
Following a dramatic improvement in foreign currency revenues, an increasing number of listed companies on the Zimbabwe Stock Exchange (ZSE) are rewarding their shareholders with… Read more »
June 27, 2022
Zimbabwe: RBZ to Introduce Gold Coins As Financial Markets Scream
The Reserve Bank of Zimbabwe (RBZ) is set to introduce gold coins in the market that will be sold through normal banking channels for the preservation of monetary value amid… Read more »