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Harare company director dupes Chinese investors

A local businesswoman, Lilian Nyamasoka, is now a fugitive from justice after a Harare magistrate issued a warrant for her arrest on Thursday for failing to appear in court to answer to two counts of fraud involving over US$75,000.Nyamasok…

Published: 29 Jun 2025 at 12:03hrs | 158 | by Staff reporter

Harare company director dupes Chinese investors

A local businesswoman, Lilian Nyamasoka, is now a fugitive from justice after a Harare magistrate issued a warrant for her arrest on Thursday for failing to appear in court to answer to two counts of fraud involving over US$75,000.Nyamasok…

Published: 29 Jun 2025 at 12:03hrs | 91 | by Staff reporter

Zimbabwe courts US gas investors

Energy and Power Development Minister July Moyo has urged U.S. businesses to invest in Zimbabwe's vast gas reserves, which he says are three times larger than those found in South Africa. Speaking at the Partnering Africa Summit in Washing…

Published: 08 Mar 2025 at 14:41hrs | 64 | by Staff reporter

UK, Czech Republic investors in Bulawayo

Investors from the Czech Republic and the United Kingdom (UK) visited Bulawayo on Monday to explore opportunities in various sectors as the city grapples with the challenges of de-industrialisation.The delegation, led by former world tenni…

Published: 21 Nov 2024 at 06:27hrs | 153 | by Staff reporter

11 Chinese investors eye Bulawayo for multi-billion dollar projects

Bulawayo is poised for a significant boost in its re-industrialisation initiatives as 11 prominent Chinese companies have expressed interest in investing in the city. These firms, which span sectors such as technology development, carbon c…

Published: 03 Nov 2024 at 10:14hrs | 1603 | by Staff reporter

Anti-Chinese investors Maguwu releases a damning report

The relationship between Chinese-owned extractive companies and local communities in Zimbabwe has deteriorated, marked by growing mistrust, suspicion, and a series of reported abuses. A recent report by the Centre for Natural Resource Gove…

Published: 30 Sep 2024 at 07:55hrs | 937 | by Staff reporter

Mohadi rallies mining investors

Vice President Kembo Mohadi has urged investors from Indonesia and other countries to explore mining opportunities in Zimbabwe, emphasizing the importance of local value addition and beneficiation. Speaking at the Leaders' Talk side event …

Published: 04 Sep 2024 at 07:49hrs | 61 | by Staff reporter

Bulawayo calls for information that attracts investors

Permanent Ngoma, director of the Bulawayo Progressive Residents Association, emphasized the importance of public entities sharing information to attract investors to Zimbabwe. Speaking at a community media event organized by Community…

Published: 24 Jun 2024 at 06:53hrs | 2 | by Staff reporter

Matebeleland South leadership targets diaspora investors

The Zimbabwean government is gearing up for the Diaspora Investment Conference scheduled for July 4 to 6 in Beitbridge, with a focus on encouraging Zimbabweans abroad to invest in Matebeleland South province. The event, themed "Matebelelan…

Published: 19 Jun 2024 at 07:38hrs | 6 | by Staff reporter

Mthuli Ncube courts UK investors

Finance, Economic Development, and Investment Promotion Minister Mthuli Ncube emphasized the importance of addressing food loss and waste to enhance food and nutrition security, particularly in light of Zimbabwe's challenges with an El NiÃ…

Published: 15 Jun 2024 at 12:12hrs | 2 | by Staff reporter

Zimbabwe central bank governor gets a rude awakening

BUSINESS executives yesterday gave Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu a rude awakening after a snap survey which showed that they were not ready to support the new currency.Instead, executives want Mushayavanhu to ad…

Published: 12 Apr 2024 at 09:49hrs | 53 | by Staff reporter

'Bond notes, Zimdollar had no backing'

BOND notes and the Zimdollar (ZWL$) did not have any backing during their tenure, the central bank has said, raising questions on the facilities that were bandied to be supporting the local currency.Bond notes were introduced in 2016 with …

Published: 12 Apr 2024 at 09:49hrs | 4 | by Staff reporter

'Increase in sugar prices unwarranted'

THE Confederation of Zimbabwe Retailers (CZR) has expressed concern over speculative pricing of sugar on the local market.In a statement yesterday, CZR president Denford Mutashu said the recent surge in sugar prices was unwarranted given t…

Published: 12 Apr 2024 at 09:49hrs | 1 | by Staff reporter

'Zimbabwe needs genuine investors'

DUBAI-based businesswoman Edith Chibhamu says there is little evidence that Zimbabweans are benefiting from the "so-called foreign investment".Chibhamu said authorities must consider engaging genuine investors who have Zimbabwean interests…

Published: 12 Apr 2024 at 09:48hrs | 3 | by Staff reporter

Zimbabwe govt under fire as investors damage graves

THE Zanu-PF government has come under fire for authorising investors to destroy dozens of graves to pave way for mining activities while ignoring the country's social and traditional norms and beliefs.In an interview yesterday, Centre for …

Published: 03 Apr 2024 at 06:06hrs | 1 | by Staff reporter

Zimbabwe moves to address investor concerns

THE Zimbabwe Investment and Development Agency (Zida) is working round the clock to operationalise a system for resolving investor complaints in line with international best practices.The system is contained in the Zida (General Investment…

Published: 27 Feb 2024 at 04:41hrs | 2 | by Staff reporter

Foreign investors ditch Zimbabwe capital markets

FOREIGN investors continue to lower their interest on the local capital markets, with investor participation on annual value traded averaging 3%, due to policy inconsistency and inflation, leading research firms have said.Fincent Securitie…

Published: 30 Jan 2024 at 07:47hrs | 2 | by Staff reporter

Invitation for investors to invest in Somaliland

Dear Investors, On behalf of the Government of Somaliland, I am humbled and honoured to cordially invite you to explore the immense investment opportunities that lie within this young nation: The Republic of Somaliland.Why should you consi…

Published: 03 Oct 2023 at 09:53hrs | 38 | by Mohamed Osman Saed

Zimbabwe scouts for investors for Lupane gas project

WITH elections a few weeks away, government says it is still frantically looking for investors for the Lupane methane gas project.Natural gas reserves were discovered in Lupane, Matebeleland province, several years ago, but commercial expl…

Published: 07 Jul 2023 at 07:56hrs | | by Staff reporter

Zimbabwe detractors target Chinese investors

AHEAD of this year's elections, the country's detractors are now targeting the biggest investors in Zimbabwe, the Chinese, with a view to causing friction between the two countries and forcing the multilaterals out.In the past few years, C…

Published: 19 Jun 2023 at 06:42hrs | 1 | by Staff reporter

US$5m required to resuscitate Harare Power Station

AT least US$5 million is needed to resuscitate the Harare Power Station whose dilapidated machinery, a Zesa Holdings official has said.Speaking during the Parliamentary Portfolio Committee on Energy tour to assess the state of affairs at t…

Published: 25 Apr 2023 at 06:33hrs | | by Staff reporter

Mnangagwa lavished with gifts worth millions by corrupt investors

EUBERT Angel, President Emmerson Mnangagwa's Ambassador-at-Large for Europe and the Americas, suggested to undercover Al Jazeera reporters who were posing as Chinese gangsters seeking to launder over US$1 billion into Zimbabwe that they co…

Published: 08 Apr 2023 at 14:19hrs | 2 | by Staff reporter

Investors flock to Premier for Zulu off take

ZIMBABWE-FOCUSED miner Premier African Minerals says it has been approached by a number of other mining firms in the country to talk about its future plans for Zulu lithium for either direct equity investment or future offtake.Premier owns…

Published: 04 Apr 2023 at 06:32hrs | 1 | by Staff reporter

Zimbabwe steps up re-engagement with US, investors

ZIMBABWE will use the United States-Africa summit which opened here yesterday to court investors, and initiate further dialogue with the US both on the political and economic fronts, the Minister of Foreign Affairs and International Trade …

Published: 14 Dec 2022 at 06:29hrs | | by Staff reporter

Zimbabwean minister, foreigners in messy fight over mine

MINES and Mining Development minister Winston Chitando has been entangled at the centre of a vicious fight with international investors over vast lithium claims in Mutoko, Mashonaland East.Although Chitando is linked to the Good Days lithi…

Published: 09 Dec 2022 at 17:55hrs | 6 | by Staff reporter

Mutsvangwa calls for new media investors

INFORMATION minister Monica Mutsvangwa has urged investors to come to Zimbabwe where 93% of citizens are literate, an advantage in terms of human resources.Speaking during a ministerial panel discussion at the on-going first edition of the…

Published: 17 Nov 2022 at 05:06hrs | 2 | by Staff reporter

Investors to get Zimbabwean citizenship

Deserving investors will be granted citizenship as part of Government efforts to increase investment, Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa has said.The Second Republic under President Mnangagwa has be…

Published: 04 Nov 2022 at 05:27hrs | | by Staff reporter

Mnangagwa moves to calm Zimbabwe investors

PRESIDENT Emmerson Mnangagwa this week moved to calm market concerns over the obtaining business climate, as he gave fresh undertakings to iron out hurdles to investment under his "Zimbabwe is Open for Business" plan.His five-year-long cam…

Published: 26 Aug 2022 at 20:47hrs | | by Staff reporter

Investors talk up Zimbabwe gold coins

Mosi-oa-Tunya gold coins, which were released into the market by the Reserve Bank of Zimbabwe (RBZ) on July 25, are an alternative investment option to US dollars, stocks and the property market, and have the potential to stabilise the exc…

Published: 07 Aug 2022 at 08:17hrs | | by Staff reporter

More investors flock into Zimbabwe

United Arab Emirates billionaire investor Mr Shaji Ul Mulk, who is back in the country to ensure the implementation of projects agreed during his visit last month, has said the country offers vast untapped investment opportunities.Mr Mulk …

Published: 11 May 2022 at 09:08hrs | 5 | by Staff reporter

Investor sues PG, deputy

A LOCAL investor is suing the Prosecutor General Nelson Mutsonziwa and his deputy Michael Reza for causing his prosecution over what he believes is an unsubstantiated allegation.Joseph Richard Crnkovic seeks to stop his criminal prosecutio…

Published: 26 Apr 2022 at 08:21hrs | 60 | by Staff reporter

Govt plans to woo diaspora investors

GOVERNMENT has tasked Foreign Affairs minister Frederick Shava to come up with a diaspora engagement strategy to woo Zimbabweans who work outside the country to contribute towards economic development.This was revealed at a post-Cabinet me…

Published: 21 Apr 2022 at 11:35hrs | | by Staff reporter

Zimbabwe seeks investors for motor industry

GOVERNMENT has announced plans to revamp the local motor industry, which will result in the sector increasing its capacity levels.Zimbabwe's new vehicles market collapsed from a peak of 20 000 unit sales per year in 1997 to less than 3 500…

Published: 05 Jan 2022 at 05:57hrs | 13 | by Staff reporter

7 investors take SecZim to High Court

SEVEN investors have filed an urgent chamber application at the High Court for stay of implementation of the Securities and Exchange Commission (SecZim) directive on migration of registers of shares between Central Security Depositories (C…

Published: 28 Oct 2021 at 19:09hrs | 11 | by Staff Reporter

Foreign investors line up new bank in Zimbabwe

A group of domestic and foreign investors has lodged an application with Zimbabwean authorities to roll out an investment bank, the first such institution since investment banks were toppled under the weight of a corporate governance scour…

Published: 10 Sep 2021 at 07:35hrs | 13 | by Staff reporter

Mthuli Ncube courts US investors

Finance and Economic Development Minister Mthuli Ncube last week conducted a virtual investor roadshow with United States of America investors.The virtual meeting, which was hosted by Washington based American think tank Atlantic Council, …

Published: 27 May 2021 at 22:20hrs | 1 | by Staff reporter

UK investors shunning Zimbabwe over property rights, says minister

Investors from the United Kingdom are shunning Zimbabwe mainly because of concerns over property rights and a compromised judiciary, the country's minister for Africa James Duddridge said Wednesday.In an op-ed published in South Africa, Du…

Published: 04 Feb 2021 at 07:03hrs | 17 | by Staff reporter

Indian investors target Vic Falls

Victoria Falls, which was declared a city last week and is already a special economic zone, has started attracting foreign investors, with an Indian transnational firm with interests in the health sector announcing yesterday it will constr…

Published: 16 Dec 2020 at 06:39hrs | | by Staff reporter

Zimbabwe govt pleads with sceptical investors over Victoria Falls bourse

FINANCE minister Mthuli Ncube has assured investors that they will be legally empowered to repatriate their earnings on the Victoria Falls Stock Exchange (VFSE).This comes in the wake of an estimated ZW$42,5 billion (US$524 million) loss s…

Published: 02 Oct 2020 at 07:46hrs | 5 | by Staff reporter

Zimbabwe ready for take off, says President

PRESIDENT Mnangagwa has implored foreign investors to consider Zimbabwe, saying the country was now ready for take-off following nearly two decades of isolation. Zimbabwe has been reeling under sanctions imposed by Western powers after the…

Published: 06 Sep 2019 at 06:55hrs | 1 | by STaff reporter

Technology has transformed financial trading for investors

Whether you are a retail or institutional investor planning to buy equities, property, currencies, commodities or futures in the coming months, technology will play a vital role in your attempts to allocate capital and drive financial retu…

Published: 13 Aug 2019 at 14:34hrs | 14 | by Staff Writer

Policy uncertainty disrupts investors

THAT President Emmerson Mnangagwa and his Finance minister Mthuli Ncube are trying and well-meaning is not in doubt. Even their trenchant critics and cynics would agree they are making the right noises and moves.Since this government came …

Published: 30 Jun 2019 at 09:08hrs | | by Zimind Comment

Gwanda woos investors with incentives

GWANDA, which is eyeing city status in a year, has dangled a carrot to investors by offering incentives to businesses willing to set base in the gold mining town.The town is located 126km southeast of Bulawayo, Zimbabwe's second largest ci…

Published: 28 Apr 2019 at 08:34hrs | | by Staff reporter

PHOTOS: Mthuli Ncube meets SA investors

Finance and Economic Development Minister Professor Mthuli Ncube has posted photos of himself meeting with South African investors at First Rand to mobilize support for a syndicated loan/Bond for Zimbabwe private sector.FirstRand Limited, …

Published: 26 Mar 2019 at 10:57hrs | | by Mandla Ndlovu

Mnangagwa courts Chinese

Chinese firms should take full advantage of the upgrading of relations between Harare and Beijing to a Comprehensive Strategic Partnership to invest in Zimbabwe where their investments will be given preferential treatment, President Mnanga…

Published: 22 Feb 2019 at 22:30hrs | 1 | by Staff reporter

ZSE charms investors

STOCKBROKERS Association of Zimbabwe vice-president Arnold Dhlamini expects higher trading on the Zimbabwe Stock Exchange (ZSE) due to a rise in inflationary pressures from the recent fuel increases.This past Saturday, President Emmerson M…

Published: 17 Jan 2019 at 07:29hrs | 1 | by Staff reporter

No investors for Amaveni long-distance bus terminus

Kwekwe City Council is still failing to attract investors at the now defunct Amaveni Long Distance bus terminus as city fathers were still deciding what to do with the idle property, several years after buses and commuter omnibus shunned t…

Published: 31 Dec 2018 at 17:05hrs | | by Staff reporter

Investors see Africa as the Final Frontier

Many investors see Africa as the "final frontier" as emerging markets like China and India continue to mature. With a population of about a billion and abundant of natural resources, the continent has been a magnet among investors over the…

Published: 05 Dec 2018 at 11:14hrs | 1 | by Enos Denhere

30 Chinese investors Zimbabwe bound

A high powered delegation of over 30 Chinese investors from Anhui Province is expected in the country tomorrow to explore the vast investment opportunities available in the various sectors of the economy.Although details of the delegation'…

Published: 12 Nov 2018 at 05:56hrs | 1 | by Staff reporter

Modi woos Belgian, Luxembourg investors to Bulawayo

INDUSTRY and Commerce Deputy Minister, Raji Modi, has enticed Belgian and Luxembourg companies to exploit manufacturing investment opportunities in Bulawayo and Zimbabwe at large. The Bulawayo South House of Assembly member was in Belgium …

Published: 29 Oct 2018 at 05:32hrs | 6 | by Staff reporter

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