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ZIDA records surge in investment licences
The Zimbabwe Investment and Development Agency (ZIDA) has reported a record-breaking increase in new investment licences in 2024, reflecting what officials describe as growing investor confidence in t...Published: 25 Jul 2025 at 09:42hrs | 76 | by Staff reporter
John Gold, the Founder of BetPokies, is Expected to Be a Guest at the NEXT Valletta 2025 Conference
The creator of BetPokies, John Gold, is going to be a guest at the NEXT Valletta Conference in May 2025 to share knowledge and experience with professionals all aroun...Published: 22 Jul 2025 at 16:36hrs | 36 | by Staff Reporter
Zimbabwe Tourism Authority in hunt for new CEO
The Zimbabwe Tourism Authority (ZTA) has officially begun the hunt for a new substantive Chief Executive Officer, a strategic leadership role expected to shape and deliver Zimbabwe's vision of becomin...Published: 02 Jul 2025 at 17:43hrs | 1171 | by Staff reporter
Foreign investment fuels Matabeleland gold rush
A surge in foreign investment and exploration activity in Zimbabwe's Matabeleland region is being hailed by mining analysts as a strong vote of confidence in the country's mining sector. This renewed ...Published: 29 Jun 2025 at 19:02hrs | 2697 | by Staff reporter
Zimbabwe's RTG reports sharp rebound in foreign tourist arrivals
Zimbabwe's largest hotel operator, Rainbow Tourism Group (RTG), has reported a strong rebound in foreign guest arrivals, signaling a wider recovery in the region's hospitality sector as international ...Published: 16 Jun 2025 at 14:42hrs | 156 | by Staff reporter
Chiwenga to engage Tajikistan's key economic players
Zimbabwe is expanding its international partnerships with a strategic focus on Central Asia, as Vice President Dr. Constantino Chiwenga prepares to visit Tajikistan tomorrow for high-level meetings wi...Published: 28 May 2025 at 10:44hrs | 121 | by Staff reporter
Zoho Corp injects $15 million into Zimbabwe's digital future
Indian cloud software giant Zoho Corporation has announced a $15 million investment in Zimbabwe aimed at accelerating the digital transformation of small and medium enterprises (SMES) and large organi...Published: 01 May 2025 at 10:39hrs | 240 | by Staff reporter
Chiwenga meets Iranian President
Vice President Dr. Constantino Chiwenga today held productive discussions with Iranian President Mosoud Pezeshkian on enhancing bilateral relations between Zimbabwe and Iran. The meeting took place on...Published: 28 Apr 2025 at 12:34hrs | 217 | by Staff reporter
Zimbabwe has removed barriers to trade, says Chiwenga
Zimbabwe has undertaken significant reforms to position itself as a competitive investment destination, Vice President Dr. Constantino Chiwenga said at the Third Edition of the Iran-Africa Economic Co...Published: 28 Apr 2025 at 12:14hrs | 202 | by Staff reporter
Zimbabwean appointed Deputy Chair of GSMA Board
The GSM Association (GSMA), a leading global organisation in the telecommunications sector, has appointed Zimbabwean-born Ralph Mupita, the President and CEO of MTN Group, as the deputy chair of its b...Published: 04 Apr 2025 at 06:50hrs | 336 | by Staff reporter
Chas Everitt expands into Zimbabwe's booming real estate market
Chas Everitt International, one of South Africa's largest real estate firms, is expanding into Zimbabwe, betting on what it sees as strong demand for high-end residential properties.Despite ch...Published: 25 Mar 2025 at 11:49hrs | 378 | by Staff reporter
Zimbabwe's bullion-backed ZiG is missing out on gold's record run
Zimbabwe's bullion-backed currency is missing out on an impressive gold rally, because of a liquidity squeeze that's choking the economy and difficulties in exchanging the unit for dollars.Sin...Published: 14 Feb 2025 at 08:40hrs | 432 | by Staff reporter
Zimbabwe's 2024 foreign currency receipts top US$13bn
Zimbabwe's foreign currency inflows grew by 21 percent in 2024, reaching US$13.3 billion compared to US$11 billion in 2023, driven primarily by an increase in export proceeds, according to the Reserve...Published: 12 Feb 2025 at 06:35hrs | 261 | by Staff reporter
Shunned by the West, Zimbabwe's UAE gamble hands economy a lifeline
Zimbabwean President Emmerson Mnangagwa's six years of wooing the United Arab Emirates has given a lifeline to a nation that the West has ostracised for a quarter century and is unable to repay its lo...Published: 06 Feb 2025 at 09:12hrs | 1321 | by Staff reporter
Emerging markets opening up away from the UK as regulations continue to hit the casino industry
When an entertainment avenue enjoys such a meteoric rise into the limelight, it can be easy to be swept along with the success of it. For the iGaming industry, the past years have proved extremely fru...Published: 30 Jan 2025 at 21:21hrs | 80 | by Staff reporter
Mupita's contract extended by MTN Group
MTN has announced an extension of Group CEO Ralph Mupita's contract until 31 August 2030. It was originally set to run until 30 September 2025.The company says the MTN Group board of directors...Published: 30 Nov 2024 at 15:13hrs | 520 | by Staff reporter
Iran begins technology transfer to Zimbabwe
The Islamic Republic of Iran has initiated the implementation of key areas of cooperation with Zimbabwe, focusing on technology transfer, outgoing Iranian Ambassador Abbas Navazani announced.S...Published: 21 Nov 2024 at 06:17hrs | 257 | by Staff reporter
Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election
Today I am mourning, but this too shall favour me - Donald Trump's victory and Kamala Harris's loss carry lessons for us all. She joined the race just 107 days ago, facing a former president who began...Published: 06 Nov 2024 at 12:43hrs | 1744 | by Ifeanyi Abraham
Ramaphosa's brother-in-law Motsepe in court over R3.4bn in Tanzanian
South African billionaire Patrice Motsepe, who is brother in Law to that country's President Cyril Ramaphosa, and his associate companies are facing a $195 million (R3.4 billion) lawsuit in Tanzania, ...Published: 03 Nov 2024 at 14:46hrs | 1605 | by Staff reporter
Putin calls for the creation of a BRICS grain exchange
Russia's President Vladimir Putin is calling for the creation of a BRICS grain exchange.The Russian leader said this during the second day of the 16th BRICS Summit in Kazan, Russia.The...Published: 25 Oct 2024 at 08:53hrs | 281 | by Staff reporter
Mnangagwa lauds exports surge
President Emmerson Mnangagwa has commended Zimbabwe's productive sector for its significant role in driving exports of goods and services, calling it a vital catalyst for the country's industrialisati...Published: 18 Oct 2024 at 08:39hrs | 69 | by Staff reporter
Zimbabwe opens rail network to private companies
The National Railways of Zimbabwe has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after decades of un...Published: 06 Sep 2024 at 13:07hrs | 625 | by Staff reporter
Zimbabwe economy on the upswing, rating agency says
ICRA Rating, a UAE-based credit rating agency, has lauded Zimbabwe's economy for demonstrating impressive resilience and growth. The agency attributes this positive outlook to recent government initia...Published: 12 Jul 2024 at 09:15hrs | 49 | by Staff reporter
SA Rand is a DA member in good standing
South Africa's currency fell the most in emerging markets Thursday (27 June), leading a selloff in the nation's assets, amid growing anxiety over delays to the formation of President Cyril Ramaphosa's...Published: 28 Jun 2024 at 10:06hrs | 3 | by Staff reporter
Khama Billiat could lose his SA house
Former Kaizer Chiefs striker Khama Billiat is facing a legal tussle with the owners of his house in Midrand who want to evict the soccer star's close relatives who decided on the premises due to the f...Published: 22 May 2024 at 11:17hrs | 134 | by Staff reporter
Zimbabwe's Ralph Mupita scoops top regional business award
Ralph Mupita, the Zimbabwean-born President and CEO of MTN Group, has been honored as CEO of the Year at the 2024 Africa CEO Forum.The prestigious award was presented to Mupita this week durin...Published: 19 May 2024 at 10:27hrs | 16 | by Staff reporter
Deloitte exits Zimbabwe as management leads buyout
Deloitte, one of the world's big four accountancy firms, is leaving its Zimbabwe business and senior partners will buy out the unit.The Zimbabwe practice will exit the Deloitte network by Octo...Published: 15 Feb 2024 at 10:15hrs | 12 | by Staff reporter
Zimbabwe requests to join BRICS New Development Bank
Zimbabwe has applied to join the BRICS New Development Bank (NDB), President Emmerson Mnangagwa has said.The country has submitted a request to join the NDB and expects to have the support of ...Published: 01 Aug 2023 at 20:54hrs | 17 | by Staff reporter
Tendai Biti says Zimbabwe is being run by kleptomaniac Govt
CITIZENS Coalition for Change (CCC) deputy leader Tendai Biti says Zimbabwe is being run by a kleptomaniac government and there is a desperate need for change ahead of the upcoming general elections....Published: 21 May 2023 at 08:16hrs | 1 | by Staff reporter
Are investors in African equities poised for wins amidst global turmoil?
It has been a tumultuous first quarter of 2023, and African equities have not been spared.Global markets started the year on a very positive note, with the S&P 500 up 9.0% at its peak in e...Published: 12 May 2023 at 11:17hrs | 17 | by Rami Hajjar, portfolio manager of the Allan Gray Africa ex-SA Equity Fund
Why RBZ introduced the Gold-backed digital currency
With the local currency on a free-fall and Zimbabwe already a digital economy, ninety six percent of our transactions traded on digital platforms. The digital currency was long overdue. Zimbabwe is on...Published: 29 Apr 2023 at 07:07hrs | 3 | by Jacob Kudzayi Mutisi
EFF shutdown knocks the rand
The JSE was lifted by rand hedges and precious metals miners on Monday, amid global jitters over recent banking crises abroad, with the rand showing some pressure. This was as the EFF pressed ahead wi...Published: 20 Mar 2023 at 14:25hrs | 6 | by Staff reporter
Mthuli Ncube to headline London Zimbabwe capital markets conference
Finance and Economic Development Minister, Professor Mthuli Ncube, is next month expected to headline the Zimbabwe Capital Markets conference in London which seeks to showcase the opportunities and br...Published: 06 Mar 2023 at 05:14hrs | 2 | by Staff reporter
Zimbabwe to become Africa's Dubai
Zimbabwe plans to set up an offshore financial center in the resort city of Victoria Falls that the government hopes will emulate the likes of Dubai and the Isle of Man to attract foreign investment....Published: 25 Feb 2023 at 08:54hrs | 16 | by Staff reporter
World Bank says Zimbabwean economy to maintain modest growth in 2023
Zimbabwe's economy is projected to grow at a modest growth rate in 2023 against a weakening global economic growth outlook, according to the World Bank.Speaking at the Economic and Business Ou...Published: 09 Feb 2023 at 05:11hrs | 2 | by Staff reporter
Belarus deals help bust Zimbabwe sanctions
A STRING of bilateral agreements that were signed between Zimbabwe and Belarus this week and in 2019, have helped the country bust sanctions not only in the agriculture sector which is on the rebound,...Published: 03 Feb 2023 at 06:46hrs | | by Staff Reporter
Harare backs Moscow
WINDS of a renewed Cold War between the United States and Russia - thunderously manifesting itself in Ukraine through iron and blood - swept across the southern African region this week as Russian For...Published: 02 Feb 2023 at 19:07hrs | 1 | by Staff reporter
Beyond Beijing's 'gift' to Zimbabwe
On November 23, 2022, the President of Zimbabwe, Emmerson Mnangagwa gave the state of the nation address at the new iconographic parliament building that was designed, funded, built and "donated" by C...Published: 04 Dec 2022 at 08:12hrs | 2 | by Gorden Moyo
Mnangagwa's son-in-law captures Trevor Ncube's media group
PRESIDENT Emmerson Mnangagwa's son in-law Gerald Mlotshwa - a prominent lawyer married to the ruling Zanu-PF leader's daughter Farai - has now formally bought a significant equity stake at the private...Published: 02 Oct 2022 at 09:19hrs | 6 | by Staff reporter
South Africa's precision-strike aircraft given Shona name 'Mwari'
The Paramount Group has produced and sold the first military aircraft made in South Africa since the 1980s when state-owned arms maker Denel SOC Ltd. unveiled the Rooivalk, or red falcon, attack helic...Published: 21 Sep 2022 at 19:42hrs | 2 | by Staff reporter
Zimbabwe's Cyber City mirage
I TOLD Mr (Shaji Ul) Mulk that my desire is to build a smart city like Dubai here. He agreed to build a smart city better than "Dubai," President Emmerson Mnangagwa told guests on Wednesday during the...Published: 23 Jul 2022 at 07:29hrs | 17 | by Paidamoyo Muzulu
Zimbabwe's re-engagement drive continues to pay off
Zimbabwe continues to reap economic dividends from its engagement and re-engagement drive, with French President Emmanuel Macron facilitating the rehabilitation and upgrading of the historic Great Zim...Published: 01 Jul 2022 at 07:17hrs | 1 | by Staff reporter
Free land, duty-free equipment for science facilities
Government will provide land free of charge to investors who intend to build facilities for innovation, research and development, while equipment and materials for such centres would be imported duty-...Published: 19 Jun 2022 at 10:04hrs | 11 | by Staff reporter
Mnangagwa to headline AfCFTA talk at Davos
President Mnangagwa, in Davos attending the World Economic Forum, is today expected to contribute to and co-chair a breakfast discussion around Africa Continental Free Trade Area (AfCFTA).The ...Published: 24 May 2022 at 07:19hrs | | by Staff reporter
African Mining Sector Set for Strong Growth in 2022
Johannesburg - 16 May 2022 - With mining companies currently enjoying high prices, exceptional production performance and robust supply chains, the mining team from Stanbic Bank's parent company, Stan...Published: 16 May 2022 at 11:52hrs | 46 | by Mark Buncombe, Head of Mining and Metals at Standard Bank Group
Professor Ncube says lending ban to prick the bubble
The ban on bank lending announced by President Mnangagwa at the weekend to ward off attacks on the Zimbabwe dollar, stabilise the exchange rate and rein in on rising inflation, is only a temporary mea...Published: 12 May 2022 at 06:27hrs | 1 | by Staff reporter
SA companies caught in Russia-Ukraine crossfire
JSE counters with even a remote connection to the Russia-Ukraine conflict have taken a pounding in the past week as gun-shy investors decided they were not worth the risk.Leading the fall was ...Published: 02 Mar 2022 at 05:39hrs | 10 | by Staff reporter
Beyond raw produce: without its food producers, Zimbabwe would face a major health crisis
It's almost become a cliche when discussing Zimbabwe's economic difficulties over the past two decades to lament the fact that it was once the "breadbasket of Africa". This is typically contrasted wit...Published: 25 Feb 2022 at 07:34hrs | 13 | by Andre Redinger, Founder of Millhouse International
Beyond raw produce: without its food producers, Zim would face a major health crisis
It's almost become a cliche when discussing Zimbabwe's economic difficulties over the past two decades to lament the fact that it was once the "breadbasket of Africa". This is typically contrasted wit...Published: 23 Feb 2022 at 19:57hrs | 13 | by Andre Redinger, Founder of Millhouse International
Zimbabwean economy turns the corner, says CBZ chair
THE current Zimbabwean Government has unshackled the economy and is on the right path to start realizing meaningful returns despite economic headwinds that have hindered economic progress in the past,...Published: 23 Nov 2021 at 05:52hrs | 11 | by Staff reporter
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