Search / Equity
5MW plant commissioned at Mutirikwi Dam
A major step forward in Zimbabwe's energy sector was made on Saturday with the commissioning of a five-megawatt hydropower project at Mutirikwi Dam. The plant, a collaboration between local and foreig...Published: 8 hrs ago | 176 | by Staff reporter
Africa needs to improve internet connectivity
Zimbabwe's internet connectivity rate has reached an impressive 78%, far surpassing the African continent's average, which stands below 50%, according to Minister of Information and Communication Tech...Published: 8 hrs ago | 32 | by Staff reporter
'ZSE left with two valuable counters'
The Zimbabwe Stock Exchange (ZSE) is witnessing a significant shift, with Delta Corporation Limited and Econet Wireless Zimbabwe now standing as the only major valuable counters on the bourse. Several...Published: 20 Nov 2024 at 07:03hrs | 184 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 164 | by Staff reporter
Plundering of Zimbabwe's minerals stalling a just energy transition in fighting climate change
In his address at a High-Level Meeting on Resourcing the Energy Transition with Justice and Equity, held on the sidelines of COP29 in Baku, Azerbaijan, Zimbabwe's President Emmerson Mnangagwa delivere...Published: 14 Nov 2024 at 12:37hrs | 157 | by Tendai Ruben Mbofana
Mnangagwa says mineral-rich countries must not remain poor
As the world transitions toward renewable energy, Zimbabwe and other mineral-rich nations must not remain impoverished but should harness opportunities to drive sustainable growth, President Emmerson ...Published: 14 Nov 2024 at 09:24hrs | 98 | by Staff reporter
Victoria Falls to get two new upmarket hotels
Zimbabwe's premier tourist destination, Victoria Falls, is set to see the construction of two luxury hotels, valued at a combined US$114.3 million, which will significantly boost the city's hospitalit...Published: 08 Nov 2024 at 06:49hrs | 224 | by Staff reporter
Commonwealth leaders to defy UK on slavery reparations
Commonwealth heads of government are preparing to defy the United Kingdom and agree plans to examine reparatory justice for the transatlantic slave trade, the BBC has learned.Downing Street in...Published: 25 Oct 2024 at 08:52hrs | 399 | by Staff reporter
Setback for Ramaphosa as another major retailer in South Africa closes its doors
Jumia Technologies, the Africa-focused e-commerce retailer that operates popular online retailer Zando, says it will be exiting the South African business by the end of the year to sharpen its focus o...Published: 19 Oct 2024 at 12:31hrs | 9582 | by Staff reporter
Grid Africa secures R50 million Equity Investment from Rifuwo
Grid Africa has announced a major milestone with the successful acquisition of a R50 million equity investment from Rifuwo Energy Partners. This funding will significantly boost the company's efforts ...Published: 16 Oct 2024 at 15:42hrs | 237 | by Staff reporter
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1320 | by Staff reporter
Google invites Black founders in SA to apply for startup funding
Google has officially opened applications for the Google for Startups Accelerator Africa: Black Founders program, specifically targeting Black-owned startups in South Africa. The program is designed t...Published: 02 Oct 2024 at 13:19hrs | 304 | by Staff reporter
inDrive broadens reach in Zimbabwe with Ride-Hailing, Courier and intercity Services
Harare - inDrive, the global mobility and urban services platform, announces its expansion across Zimbabwe, now offering ride-hailing services in four major cities: Harare, Bulawayo, Gweru, and Mutare...Published: 02 Oct 2024 at 11:20hrs | 693 | by Agencies
Big international bank leaving Ramaphosa's South Africa
HSBC has exited its operations in South Africa after concluding deals with FirstRand and Absa to take over its two main divisions in the country. The bank first opened a South African office i...Published: 29 Sep 2024 at 12:49hrs | 44604 | by Staff reporter
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.The two firms...Published: 26 Sep 2024 at 13:56hrs | 242 | by Staff reporter
ZiG exchange premium skyrockets
Leading research firms have raised alarm this week over the ballooning exchange premium for the Zimbabwe Gold (ZiG) currency, with parallels being drawn to the collapse of the Zimbabwe dollar. The rap...Published: 13 Sep 2024 at 16:03hrs | 7515 | by Staff reporter
Pravin Gordhan kicks the proverbial bucket
Pravin Gordhan served as a minister during the state capture years. But he will also be remembered for being among those who pushed back against its architects.Gordhan passed away on Friday at...Published: 13 Sep 2024 at 06:34hrs | 1028 | by Staff reporter
Reason why South Africa's Justice Minister Simelane is being 'targeted'
Under-fire Justice Minister Thembi Simelane's VBS woes intensified when she apparently attempted to stop the alleged capture of the justice system, in particular the National Prosecuting Authority's I...Published: 09 Sep 2024 at 15:17hrs | 2298 | by Staff reporter
Ramaphosa's GNU partner suggests scrapping BEE
The Freedom Front Plus has urged the removal of Black Economic Empowerment (BEE) and Affirmative Action (AA) policies, arguing that they are detrimental and obstruct economic growth.The party ...Published: 07 Sep 2024 at 12:46hrs | 923 | by Staff reporter
Sifiso Dabengwa to be buried in South Africa
Zimbabwean-born South African corporate executive Raymond Sifiso Dabengwa, former CEO of MTN Group and Eskom board member, will be laid to rest in Johannesburg on Saturday. Dabengwa, 66, passed away o...Published: 04 Sep 2024 at 15:09hrs | 2309 | by Staff reporter
Sifiso Dabengwa dies
Zimbabwean-born South African corporate executive Raymond Sifiso Dabengwa, former president and CEO of telecoms giant MTN Group and a board member of Eskom, has passed away at the age of 66.Da...Published: 01 Sep 2024 at 15:52hrs | 6602 | 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 | 748 | 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 | 1342 | by Staff reporter
457 graduate from Zimbabwe nursing school
Last week, 457 health professionals, including rehabilitation technicians, midwives, and registered general nurses, graduated from Marondera School of Nursing. In a speech read on his behalf b...Published: 06 Aug 2024 at 08:51hrs | 218 | by Staff reporter
Zimbabwe seeks high-net-worth partners for startups fund
Deputy Finance, Economic Development, and Investment Promotion Minister David Mnangagwa has announced that the Treasury is seeking strategic alliances with high-net-worth individuals to operationalize...Published: 05 Aug 2024 at 07:09hrs | 117 | by Staff reporter
Allow all Zimbabweans to import vehicles DUTY FREE your current policy is discriminatory
Zimbabwe, a country grappling with economic challenges, has recently made headlines with a policy decision that has sparked both debate and controversy. The government has partially lifted the ban on ...Published: 16 Jul 2024 at 20:58hrs | 945 | by Engineer Jacob Kudzayi Mutisi
Zimbabwe in top five Bitcoin markets
Zimbabwe has emerged as one of the top five African nations embracing Bitcoin and other digital currencies, according to a report by Equity Axis. This finding coincides with recent efforts by Zimbabwe...Published: 30 Jun 2024 at 18:30hrs | 2 | by Staff reporter
Tackling Zimbabwe's property price surge
The Zimbabwean property market is facing significant challenges, marked by skyrocketing property prices that seem incongruous when compared to those in neighbouring South Africa.These challeng...Published: 24 Jun 2024 at 10:13hrs | 80 | by Dr Bekithemba Mpofu
'Ideologically bankrupt' Ramaphosa's ANC in a governance tailspin
To suggest that the 2024 electoral outcome has fundamentally altered how parties relate to one another post-election would be an understatement.Never has the party with a majority of votes fou...Published: 10 Jun 2024 at 13:56hrs | 3 | by Sipho Seepe
Zimbabwe govt connects over 3 400 schools to internet
The Zimbabwean government has significantly boosted equity in education and digital literacy by connecting 3,425 schools nationwide to the internet in recent years. This initiative is part of a broade...Published: 09 Jun 2024 at 09:04hrs | 19 | by Staff reporter
ANC members set to picket in protest against possible ANC-DA deal
ANC supporters who voted for the party "in good faith" in the general election on 29 May are expected to picket in Johannesburg on Thursday morning, demanding its leaders reject going into a coalition...Published: 06 Jun 2024 at 08:05hrs | 6 | by Staff reporter
Zimbabwe miner expects to triple gold output
Caledonia Mining plans to triple its gold output by developing Bilboes, the gold asset it acquired last year, using a single-phase development strategy. The company initially considered a phased appro...Published: 05 Jun 2024 at 14:15hrs | 6 | by Staff reporter
Zimbabwe police chief warns criminal elements
Police Commissioner-General Godwin Matanga emphasized that anyone involved in criminal activities or actions aimed at destabilizing the country would face firm repercussions. He highlighted the vital ...Published: 30 May 2024 at 08:32hrs | 2 | by Staff reporter
Nigerian billionaire Zimbabwe deals falter amid capital problems
WITH the help of Zimbabwean authorities who supported him amass platinum, gold, lithium, iron ore, tin and some rare earth mineral concessions, it first appeared like he was going far.At some poin...Published: 28 May 2024 at 12:46hrs | 8 | by Staff reporter
Gender Dynamics Shaping Ecological Outcomes in Zimbabwe
Throughout Zimbabwe's rich history, the relationship between its people and the environment has played a central role. This dynamic has been shaped by the intricate dance between gender dynamics and h...Published: 13 Apr 2024 at 17:52hrs | | by Kumbirai Thierry Nhamo
Gift Mabhaudhi successfully advocates for removal of taxes on devices for persons with disabilities
Renowned ZANU PF DCC leader and disability rights activist, Gift Mabhaudhi, has recently achieved a major victory in the ongoing battle for fair treatment and accessibility for persons with disabiliti...Published: 13 Apr 2024 at 17:10hrs | 10 | by Nkululeko Nkomo
ZSE rebases bourse to reflect ZiG
THE Zimbabwe Stock Exchange (ZSE) is re-basing all its indices following the introduction of a new currency, Zimbabwe Gold (ZiG), last week.ZSE said all the ZSE indices would be re-based to 10...Published: 09 Apr 2024 at 06:22hrs | | by Staff reporter
POSB privatisation put on halt
THE planned partial privatisation of the People's Own Savings Bank (POSB) has been put on halt as the bank awaits further guidance on the project from the shareholder.Partial privatisation was...Published: 04 Apr 2024 at 06:14hrs | | by Staff reporter
Jekenishen church commended for transforming communities, complement govt
The Saint Luke's Apostolic Ejiwel Jekenishen church under Arch-bishop Dr Phillip Pferedzai has been commended for empowering less priviledged members of communities in and around Manicaland province, ...Published: 26 Mar 2024 at 23:00hrs | 7 | by Gideon Madzikatidze/Simbarashe Sithole in Chipinge
Mnangagwa desecrates constitution
ZICOMO operates as a grassroots citizens' initiative, uniting diverse stakeholders across all 10 provinces of Zimbabwe.The Crisis in Zimbabwe Coalition, through its Zimbabwe Constitutional Mov...Published: 15 Mar 2024 at 19:50hrs | 11 | by Tapiwa Zivira
Pravin Gordhan's sale of SAA for ZAR51 collapses
Minister of Public Enterprises Pravin Gordhan has announced the sale of South African Airways to Takatso consortium has been called off.Gordhan said he presented this to Cabinet on Wednesday....Published: 13 Mar 2024 at 16:51hrs | 14 | by Staff reporter
'Mutapa Investment Fund mustn't become conduit for looting'
AS prevalence of public sector corruption reaches alarming levels, the International Monetary Fund (IMF) has demanded that Zimbabwean authorities ensure the newly-established Mutapa Investment Fund (M...Published: 11 Mar 2024 at 09:09hrs | 9 | by Staff reporter
47 farms earmarked for new city
FORTY-SEVEN farms in Mashonaland West and Mashonaland Central provinces have been earmarked for the development of the new capital city in Mt Hampden, where work on core infrastructure, which includes...Published: 10 Mar 2024 at 06:24hrs | 15 | by Staff reporter
Free medical outreach in Matebeleland South
HUNDREDS of people in several villages in Matebeleland South benefitted from free medical outreach programmes being conducted in the province as part of the implementation of the Government's Health R...Published: 08 Mar 2024 at 05:05hrs | | by Staff reporter
Zimbabwe govt's proposed new currency reforms doomed
THE recently proposed currency changes, intended to underpin the Zimbabwe dollar with assets, will come to nought, given that country lacks sufficient reserves to support the local unit, an independen...Published: 25 Feb 2024 at 09:27hrs | | by Staff reporter
Zimbabwe govt opposed to the demolition of people's homes
Government is opposed to the demolition of people's homes and will continue regularising informal settlements, with over 1,5 million homeowners set to receive title deeds under the Kwangu/Ngakwami Pre...Published: 25 Feb 2024 at 07:12hrs | 5 | by Staff reporter
'Zimbabwe inflation rate at 747%'
ZIMBABWE'S annual inflation could be over 20 times higher than the official rate of 34,8%, an independent advisory estimated this week, as it gave glimpses into fundamentals behind deeper turbulence c...Published: 16 Feb 2024 at 15:22hrs | 2 | by Staff reporter
Business Scaling: When is the right time?
Business scaling refers to expanding a business in a sustainable and manageable way. Unlike simple business growth, which can be unplanned or organic, it's a deliberate and strategic effort to increas...Published: 16 Feb 2024 at 09:34hrs | 10 | by Staff Reporter
Chamisa's resignation created more factions in CCC
THE CITIZENS Coalition for Change (CCC) candidate for Hunyani constituency in the August 2023 elections, Lovemore Chinoputsa has bemoaned the state of affairs in the two-year-old opposition movement, ...Published: 15 Feb 2024 at 10:05hrs | | by Staff reporter
Chamisa now building a popular one-man dictatorship
One of Zimbabwe's seasoned political activists Lovemore Chinoputsa has painted a gloomy picture of the state of the opposition, saying its leaders have fundamentally departed from the late Morgan Tsva...Published: 14 Feb 2024 at 20:14hrs | 1 | by Staff reporter
Load More Stories