LATEST ARTICLES

Govt signs key Petroleum Production Sharing Agreement with Invictus

Pride Mzarabani HARARE – The Government of Zimbabwe has signed a Petroleum Production Sharing Agreement (PPSA) with GEO Associates (Private) Limited relating to petroleum operations under Special Grant 4571, a development which could significantly reduce...

Shar, Alliance boss in court battle over ‘Presidential’ US$663K transfer

By Staff Reporter HARARE — Alliance Holdings director Joseph Kanyekanye has been dragged to court facing fraud, extortion, and money laundering charges after allegedly using forged documents and threats to siphon more than US$663 000...

Turnall Q1: More Volume, Weaker Margins, and a Plant That Still Has to Prove...

HARARE (FinX) – Turnall’s first quarter of 2026 was not a clean turnaround. It was a better quarter, but not yet a convincing one. The company delivered stronger revenue, much stronger volumes, better cash generation and...

TIMB urges farmers to destroy tobacco stalks as sales top US$673M

Itai Ndongwe HARARE – The Tobacco Industry and Marketing Board (TIMB) has urged farmers to immediately destroy tobacco stalks left in fields after harvesting, warning that failure to do so increases the spread of pests...

Glovers solar plant powers industrial growth with US$90m expansion plan

Itai Ndongwe KWEKWE — Zimbabwe has commissioned the first 10MW phase of the Glovers Solar Plant in Munyati, a US$9.5 million investment expected to strengthen power supply for industry and reduce the country’s reliance on...

Digital transaction values rise 21% in March

HARARE – Zimbabwe’s digital payment transactions surged 21.14% to ZiG226.71 billion in March 2026, driven by lower bank charges and increased adoption of electronic payment platforms following the Reserve Bank of Zimbabwe’s February monetary...

POTRAZ Urges Africa to Shape AI Future or Risk Cultural Erasure

Itai Ndongwe VIC FALLS - The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has called on Africa to keep pace with the current wave of Artificial Intelligence so as to secure its place in...

Glovers solar project marks new chapter in Zimbabwe’s energy push

Staff Writer KWEKWE — President Emmerson Mnangagwa on Friday commissioned the new Glovers 10MW solar plant in Kwekwe, as Zimbabwe increases investment in renewable energy to reduce power shortages and tackle climate change. Speaking at the...

Zimbabwe Reserves Small-Scale Gold Mining for Citizens, Declares Critical and Strategic Mineral Schedules

HARARE (FinX)— In a sweeping regulatory overhaul aimed at securing resource nationalism, improving environmental compliance, and capitalizing on the global energy transition, the Government of Zimbabwe has announced aggressive new policy measures reshaping its...

Air-Cured Tobacco Cuts Costs for Matabeleland Farmers

Itai Ndongwe BULAWAYO – A low-cost, air-cured tobacco production model is reducing farming expenses and limiting deforestation in Matabeleland, as the Tobacco Industry and Marketing Board (TIMB) expands tobacco marketing operations in the region. TIMB this...