August 30
Zimbabwe: Zimplats Records Five Percent Increase in Mined Volumes At Replacement Units
PLATINUM conglomerate, Zimbabwe Platinum Mines (Zimplats)'s mined volumes increased by 5% to 7.9 million tonnes (Mt) as compared to 7.6 Mt recorded in FY2023, benefitting from… Read more »
August 15
Zimbabwe: Truworths Zimbabwe Files for Corporate Rescue
Financially troubled clothing and apparel retailer Truworths Zimbabwe has filed for corporate rescue while trade in its shares continue to be suspended from the Harare bourse. Read more »
July 12
Zimbabwe: Harare Council Bosses Accused of Illegally Awarding Moses Mpofu's Company U.S.$9 Million Street Lights Tender
Four City of Harare employees have been dragged to court on allegations of illegally awarding a street lights tender worth US$9 million to Juluka Enndo Joint Venture, a company in… Read more »
May 15
Zimbabwe: AFDIS Records One Percent Growth As Cheap Imports Floods Market
WINES, spirits and ciders maker, African Distillers Limited (AfDIS) has bemoaned the influx of cheaper imports which have seen sales volumes plummet to 1%. Read more »
March 28
Zimbabwe: SEEF Zimbabwe to Host UK Diaspora Property Showcase
SEEF Zimbabwe is set to host the premier Zimbabwean property showcase in the United Kingdom in the next four months. Read more »
December 19, 2023
Zimbabwe: Invictus and Mbuyu Energy Sign Gas Sales MOU for 500mw Gas to Power Project
Invictus Energy Limited has updated its Gas Supply memorandum of Understanding (MoU) with Mbuyu Energy for the supply of gas to their proposed 500 MW Gas to Power project. Read more »
November 23, 2023
Zimbabwe: NRZ Opens Railway Infrastructure to Private Players
The National Railways of Zimbabwe is opening its railway infrastructure to private players in a bid to address capacity challenges it is facing, the General Manager, Respina… Read more »
October 07, 2023
Zimbabwe: Chicken Inn Wins Trademark Battle, Chicken Slice Barred From Using the Word 'Luv'
INNSCOR Africa Limited's Chicken Inn has won a trademark battle against Slice Distributors (Pvt) Ltd, also trading as Chicken Slice. Read more »
July 07, 2023
Zimbabwe: Supreme Court Says Controversial Drax U.S.$60 Million Deal Is Above Board
The Supreme Court has dismissed an appeal by the National Pharmaceutical Company (Natpharm) contesting a High Court ruling reversing cancellation of a drugs supply contract with… Read more »
July 05, 2023
Zimbabwe: Dairibord Says Raw Milk Utilised Hits 28,5 Million Litres in Just a Year
Milk processing giant, Dairibord Zimbabwe Limited (DZL) says a total 28, 5 million litres of raw milk was utilized in just a year on the back of the group's resilient performance… Read more »
July 04, 2023
Zimbabwe: Galileo Resources Discovers Substantial Gold Targets in Bulawayo
UK based Galileo Resources Plc says it has discovered a number of substantial gold targets based on new soil analytical results in the area around the Queen's mine located close to… Read more »
June 30, 2023
Zimbabwe: Tongaat Huletts Decries Cheaper Sugar Imports Impact On Local Industry
Listed sugar processor, Tongaat Huletts says cheaper sugar imports are negatively affecting the country's local industry by depressing sales volumes amid concerns of exposing… Read more »
June 28, 2023
Zimbabwe: PPC Zimbabwe Pins Hopes On Cement Import Licenses Cancellations
LISTED cement manufacturer, PPC Zimbabwe hopes the bold move taken by the government to cancel cement import licences for several dealers will go a long way in propping up local… Read more »
Zimbabwe: Kavango Resources Company Acquires Gold Projects for U.S.$4 Million
LONDON based Botswana focused metals exploration concern Kavango Resources Plc has agreed to pay US$4 million for two gold mining projects in Zimbabwe amid expectations for a… Read more »
June 11, 2023
Zimbabwe: Kuvimba Mining House's Great Dyke Investments Uninterested in Foreign Funding
ZIMBABWE'S Kuvimba Mining House (KMH), Great Dyke Investments (GDI) has announced that it is not looking for any foreign investments following the pulling out of Russia's Vi… Read more »
June 07, 2023
Zimbabwe: Cabinet Approves Deeds, Companies and Intellectual Property Authority Establishment
Cabinet ministers Tuesday considered and approved the establishment of the Deeds, Companies, and Intellectual Property Authority as a semi-autonomous entity. Read more »
Zimbabwe: U.S.$23m for Invictus Energy Cabora Bassa Phase 2 Exploration, Appraisal
Invictus Energy has raised over US$23 million for the next phase of Cabora Bassa oil and gas exploration and appraisal. Read more »
June 01, 2023
Zimbabwe: Econet Bemoans Eroded Tariffs - Injects U.S.$66 Million for Network Modernisation
Eonet Wireless Zimbabwe Limited (EWZL) has bemoaned the negative impact of inflation eroded tariffs on operating costs amid a move to inject US$66 million for a network… Read more »
May 30, 2023
Zimbabwe: African Sun Records 2% Revenue Decline - Hails Local U.S.$ Retentions
Hospitality group African Sun Limited's revenue declined by 2% in the first quarter of the year on the back of depressed business volumes amid appreciation of a recent policy… Read more »
May 23, 2023
Zimbabwe: Hwange Colliery Remains Under Administration, ZSE Suspension
Hwange Colliery Company Limited (HCCL) remains under administration and on Zimbabwe Stock Exchange (ZSE) suspension, the concern's management revealed Monday. Read more »
May 18, 2023
Zimbabwe: Invictus Energy's Cabora Bassa Second Phase Exploration Commences
Invictus Energy has roped in Polaris Natural Resource Development to carry further exploration of the Cabora Bassa as the utility company moves into the second phase of the… Read more »
May 12, 2023
Zimbabwe: First Capital Bank Halts Shares Trading On ZSE
Leading financial services provider, First Capital Bank Limited (FCA) will cease trading shares on the Zimbabwe Stock Exchange (ZSE) on May 12 amid plans to commence trading on the… Read more »
May 05, 2023
Zimbabwe: Caledonia Extols Central Bank for Timeous Payments As Direct Gold Exports Resume
Caledonia Mining Corporation Plc. says the Reserve Bank of Zimbabwe (RBZ) is timeously remitting all due payments for gold sales amid revelations that the miner has commenced… Read more »
May 01, 2023
Zimbabwe: Dairibord U.S.$ Sales Volumes Shore Up to 68%
LEADING Milk Processor, Dairibord Zimbabwe Limited (DZL) has seen US$-denominated sales volumes increase by 68% in the year's first quarter amid indications that on a nationwide… Read more »
April 25, 2023
Zimbabwe: UK Zim Achievers Awards - From Security Guard to Founding Multi-Million-Dollar Company
THE ladies’ frocks duly dazzled, the gentlemen’s dinner suits were immaculate, the wine suitably flamboyant and certain to guarantee an ostentatious sozzle. Read more »