Search / Investors
Zimbabwean exporters granted duty-free access to UK markets
Zimbabwean exporters have been encouraged to explore new markets and boost exports through the United Kingdom's Eastern and Southern Africa Economic Partnership Agreement (UK ESA EPA), which offers si...Published: 16 Sep 2024 at 13:36hrs | 432 | by Staff reporter
Busisa Moyo to grace UK-Zimbabwe Business Expo
Zimbabwe Investment and Development Agency (ZIDA) Chairman, Mr. Busisa Moyo, will leverage the upcoming UK-Zimbabwe Business Expo to showcase the extensive investment opportunities available in Zimbab...Published: 11 Sep 2024 at 08:43hrs | 95 | by Staff reporter
Sweden, South Africa impressed by Zim tourism surge
Zimbabwe has gradually witnessed a surge in the tourism and hospitality sectors over yesteryears, with several tourists coming from South Africa and Sweden expressed their commitment to embark on a ma...Published: 10 Sep 2024 at 08:02hrs | 1291 | by ideon Madzikatidze in Gonarezhou, Chiredzi
Chinese investors elbow out local chrome miners
An investigation has revealed that the Zimbabwe Mining and Alloy Smelting Company (Zimasco) has replaced around 150 small-scale chrome miners with Chinese investors, raising concerns about discriminat...Published: 10 Sep 2024 at 07:27hrs | 196 | by Staff reporter
Zimbabwe must be bold in FDI drive
Finance, Economic Development, and Investment Promotion Permanent Secretary George Guvamatanga has disclosed that the government has been inundated with demands from prospective investors seeking Zimb...Published: 09 Sep 2024 at 08:24hrs | 97 | by Staff reporter
Great Zimbabwe's hidden tunnels, Mutirikwi sunset view to boost tourism
The iconic Great Zimbabwe's hidden monumental tunnels and majestic lake Mutirikwi sunset view have been identified as part of complementary tourism sites ...Published: 09 Sep 2024 at 07:27hrs | 3026 | by Gideon Madzikatidze in Masvingo
Zimbabwe needs $1.6bn to lift crop output after El Nino induced drought
ZIMBABWE needs $1.64 billion to bolster crop production after a devastating drought increased food insecurity and prompted a state of disaster.The southern African nation is targeting a more t...Published: 08 Sep 2024 at 09:46hrs | 60 | by Staff reporter
A city at risk of collapsing: The cost of the search for gold in Zimbabwe
DOROTHY Moyo says a prayer every time she walks, runs, or drives around her neighbourhood in central Zimbabwe - afraid that the earth will give away from beneath her feet, dragging her underground....Published: 07 Sep 2024 at 10:21hrs | 1861 | 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 | 615 | 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. ...Published: 04 Sep 2024 at 07:49hrs | 56 | by Staff reporter
Revolt at MTN over CEO's 'female favourite'
An ugly battle is brewing at MTN over the direction Africa's biggest mobile network operator is taking under group CEO Ralph Mupita, with executives threatening to quit en masse over his leadership st...Published: 01 Sep 2024 at 11:58hrs | 4528 | by Staff reporter
US keen to improve relations with Zimbabwe
The United States is keen on improving diplomatic relations with Zimbabwe and increasing trade between the two nations, according to US Ambassador to Zimbabwe, Pamela Tremont. Following her c...Published: 31 Aug 2024 at 11:13hrs | 230 | by Staff reporter
Unilever pulling out of Zimbabwe after 80 years
Unilever, one of the world's leading consumer goods companies, is pulling out of Zimbabwe after 80 years of operation.The company, which had reaffirmed its long-term commitment to the country ...Published: 27 Aug 2024 at 11:21hrs | 1230 | by Staff reporter
Chiyangwa allocated land meant for road, nothing will done to him
A commission investigating issues at the Harare City Council has been informed that controversial businessman Phillip Chiyangwa was allocated land in a prime suburb of the capital that was originally ...Published: 25 Aug 2024 at 11:21hrs | 10337 | by Staff reporter
Mashonaland's new city takes shape
The Government of Zimbabwe has commenced servicing land in Mt Hampden, where the new commercial and administrative capital will be established. This follows the recent repossession of 47 farms coverin...Published: 25 Aug 2024 at 11:18hrs | 746 | by Staff reporter
United States offers help to Zimbabwe
The United States has expressed a strong interest in enhancing the investment climate in Zimbabwe to boost economic opportunities. In a recent statement, US Ambassador Pamela Tremont reaf...Published: 20 Aug 2024 at 10:40hrs | 1083 | by Staff reporter
SADC countries reducing themselves to world-famous beggars
Southern African member states have been criticized for acting like "world-famous beggars" when engaging with potential investors, despite having abundant natural resources that could significantly im...Published: 17 Aug 2024 at 21:21hrs | 1258 | by Staff reportetr
BCC organising a diaspora conference
The Bulawayo City Council (BCC) is organizing a diaspora conference aimed at attracting Zimbabweans living abroad to contribute to the development of the country’s second-largest city.Kholis...Published: 16 Aug 2024 at 08:39hrs | 170 | by Staff reporter
US thumbs up for Zimbabwe investment
U.S. Ambassador to Zimbabwe, Pamela Tremont, has stated that Washington is actively lobbying American firms to explore investment opportunities in Zimbabwe, a country she describes as having significa...Published: 15 Aug 2024 at 14:52hrs | 870 | by Staff reporter
Chief in bribery storm
A Hurungwe traditional leader, Chief Elfas Dendera, is facing allegations of bribery in connection with a US$1 billion investment project. The project, a cement manufacturing plant and thermal power s...Published: 15 Aug 2024 at 08:01hrs | 445 | by Staff reporter
South African Rand takes a hit
The rand and a number of South African stocks took a hit on Monday as investors moved away from purchasing riskier assets, and it became evident that the US may enter a recession.The rand was ...Published: 06 Aug 2024 at 09:12hrs | 1340 | by Staff reporter
Zimbabwe's ZIDA attracts US$1,8bn investment
Zimbabwe attracted investments totaling US$1.8 billion in the second quarter of the year, with US$745 million in the manufacturing sector and US$282.7 million in mining. The Zimbabwe Investment and De...Published: 03 Aug 2024 at 12:26hrs | 61 | by Staff reporter
Chiwenga to officiate at Investment Forum
The Ministry of Industry and Commerce is preparing to host the Investment Forum next Monday, attracting key stakeholders and policymakers from across Africa. The forum, held in collaboration with the ...Published: 26 Jul 2024 at 06:38hrs | 206 | by Staff reporter
US sanctions on Zimbabwe are real, US Bank to close accounts
Mercury Bank, a fintech based in the United States offering banking services to more than 100,000 early-stage startups, has included Nigeria in a list of countries restricted from opening and operatin...Published: 24 Jul 2024 at 09:57hrs | 23512 | by Staff reporter
Khupe calls for cancer medicine research in Zimbabwean varsities
BULAWAYO proportional representative legislator Thokozani Khupe has called on the government to fully fund universities and promote research on cancer medicines throughout the country.Khupe wa...Published: 24 Jul 2024 at 09:22hrs | 225 | by Staff reporter
Russian investors keen on Zimbabwe energy sector
Foreign Affairs and International Trade Minister Ambassador Frederick Shava met with a Russian business delegation from the Renova Group, led by director of strategy Mr. Oleg Fomichev, to explore oppo...Published: 23 Jul 2024 at 07:13hrs | 146 | by Staff reporter
Economic Empowerment Bill gets thumbs up
Stakeholders in Bulawayo, including small to medium enterprises (SMEs), have welcomed the Economic Empowerment Bill, which aims to replace the Indigenisation and Economic Empowerment Act with a new Ec...Published: 19 Jul 2024 at 06:16hrs | 161 | by Staff reporter
Chinese national filmed torturing Zimbabwean miners
Calls for the immediate arrest of a Chinese national recorded torturing locals in Bindura over alleged diesel theft are increasing. The unnamed Chinese manager at Makanga Mine was filmed tying up Zimb...Published: 16 Jul 2024 at 07:01hrs | 1530 | by Staff reporter
Zimbabwe's lithium gambit: Navigating China-US rivalry
Lithium is Zimbabwe's third-largest mineral export after gold and platinum group of metals, bringing in US$2,46 billion and US$2,27 billion, respectively, in 2023.AS the world is going through...Published: 15 Jul 2024 at 08:17hrs | 235 | by Samir Bhattacharya
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 55 | by Staff writer
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 | 36 | by Staff reporter
Minister fires warning shots at Harare brothels
Tourism and Hospitality Industry Minister, Barbara Rwodzi has expressed dissatisfaction with mushrooming brothels countrywide, announcing Harare as the main culprit where unregistered 'quickie nests' ...Published: 08 Jul 2024 at 17:17hrs | 207 | by Gideon Madzikatidze/Simbarashe Sithole
John II's mission impossible to save Zimbabwe economy clocks 100 days
Zimbabwe's new central bank Governor John Mushayavanhu has done the seemingly impossible in his first 100 days - created a stable currency and tamed price pressures in a nation that's been a poster-ch...Published: 08 Jul 2024 at 11:06hrs | 6 | by Staff reporter
2024 Mine Entra postponed
The 27th edition of the mining, engineering, and transport exhibition, Mine Entra, originally planned for July 17-19 in Bulawayo, has been postponed indefinitely. The decision to postpone was announce...Published: 06 Jul 2024 at 12:22hrs | 4 | by Staff reporter
Boost for ZSE as govt suspends tax on stocks
Government has implemented significant tax reductions and suspensions aimed at revitalizing trading activity on the Zimbabwe Stock Exchange (ZSE). The 40% capital gains tax (CGT) on stocks sol...Published: 02 Jul 2024 at 06:36hrs | 2 | by Staff reporter
Zimbabwe's political crisis has dragged on for too long
The phrase "political economy" has entered the dictionary of the World Bank and other development organizations around the world.Academic interest in the components of the political economy of...Published: 01 Jul 2024 at 11:35hrs | 24 | by Evans Mathanda
Zambia's President rallies investors to pick KAZA opportunities
Zambia's President Hakainde Hichilema has called on investors to explore opportunities in the Kavango Zambezi Transfrontier Conservation Area (KAZA TFCA) beyond the traditional mining sector. ...Published: 01 Jul 2024 at 11:23hrs | 3 | by Staff reporter
Zanu-MP bemoans govt's failure to renovate National Sports Stadium
ZANU-PF Murewa West legislator Farai Jere has criticized Zimbabwe's failure to renovate the National Sports Stadium, highlighting the embarrassment caused by the national soccer teams being forced to ...Published: 30 Jun 2024 at 18:37hrs | 1 | by Staff reporter
Zimbabwe's solar sector poised for growth
Solarpro Zimbabwe's latest report highlights the immense growth potential of Zimbabwe's solar sector, presenting a lucrative investment opportunity aligned with sustainable development goals. Accordin...Published: 30 Jun 2024 at 18:33hrs | 2 | by Staff reporter
Bulawayo attracts over US$77m in investments
In 2023, Bulawayo Metropolitan Province attracted approximately US$77.28 million in projected investments, marking a significant contribution to Zimbabwe's economic growth. This achievement was facili...Published: 30 Jun 2024 at 18:25hrs | 2 | by Staff reporter
Zimbabwe anticipating a significant power supply deficit
Zimbabwe is anticipating a significant power supply deficit, projected to reach up to 2,800 megawatts (MW) by the end of 2025, an increase from the current deficit of 500MW. This rise is driven by the...Published: 28 Jun 2024 at 14:54hrs | 4 | 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 | 1 | by Staff reporter
Fresh push to drive intra-Sadc trade
Industry and Commerce Minister Nqobizitha Ndlovu urged the private sector to identify obstacles hindering regional trade within Sadc nations, aiming to enhance intra-Africa trade amid recent tensions ...Published: 24 Jun 2024 at 07:03hrs | 1 | 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. ...Published: 24 Jun 2024 at 06:53hrs | | by Staff reporter
Manhize steel plant to create 150 000 jobs within 10 years
The Dinson Iron and Steel Company (Disco) in Manhize aims to create 25,000 direct jobs and 150,000 opportunities in related industries within the next five to ten years. Currently employing nearly 2,0...Published: 23 Jun 2024 at 08:49hrs | 4 | by Staff reporter
Mnangagwa in South Africa to witness 'the return of apartheid'?
President Mnangagwa has arrived in South Africa for the inauguration of his South African counterpart, President Cyril Ramaphosa.South Africa's African National Congress and the Democratic All...Published: 19 Jun 2024 at 08:59hrs | 10 | 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 p...Published: 19 Jun 2024 at 07:38hrs | | by Staff reporter
Fidelity Gold Refinery gold supply zero-rating policy shows promise
The zero-rating of gold deliveries to Fidelity Gold Refinery (FGR) has started bearing fruits as the local currency, the Zimbabwe Gold (ZiG) continues to strengthen while gold miners have been allevia...Published: 18 Jun 2024 at 17:17hrs | 12 | by Tonderai Ndoro
White-led DA party seal South Africa unity pact with ANC
The African National Congress and its largest rival, the white-led, pro-business Democratic Alliance, agreed on Friday to work together in South Africa's new government of national unity, a step chang...Published: 15 Jun 2024 at 13:32hrs | | 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 ...Published: 15 Jun 2024 at 12:12hrs | | by Staff reporter
Load More Stories
