FinSec CEO Tapfumaneyi elected CoSSE chair

HARARE - The Committee of SADC Stock Exchanges (CoSSE) has announced the appointment of Collen Tapfumaneyi, CEO of Financial Securities Exchange (FINSEC) as chairman...

Local currency code switches to ZWG from ZWL

HARARE - The country's international currency code has switched from ZiG to Zimbabwe Gold (ZWG), according to the Reserve Bank of Zimbabwe (RBZ). Currency codes...

Israel bombed universities in Gaza

By Talkmore Gandiwa The educational landscape of Gaza, once a beacon of hope amidst adversity, now lies shattered and smoldering. The echoes of destruction reverberate...

Namib Minerals in deal with Nasdaq-listed acquisition firm Hennessey

Namib Minerals (Namib) has forged a business combination with Nasdaq-listed Hennessey Capital Investment Corp VI (Hennessey) that will make the miner publicly traded. The New...

Masimba’s order book at US$253m, in negotiations for 10-yr equipment supply...

HARARE – Masimba Holdings' revenue for the five months ended 31 May increased to US$24.7 million from US$16.5 million reported in the prior comparable...

Milk production rises 20% in five months to May

Talkmore Gandiwa  HARARE - The Ministry of Agriculture is set to source 200 in-calf heifers in a bid to increase genetics and milk production in...

Mash Holdings sees23% growth in revenue YTD

Ryan Chigoche  HARARE -  Listed real estate property concern Mashonaland Holdings has reported a 23% surge in revenue in the five months to May 2024...

Afreximbank signs US$80m facility with CBZ Bank

The African Export-Import Bank signed a US$80 million facility with CBZ Bank in the Bahamas yesterday (June 12, 2024), to support trade financing for...

IMF Article IV mission in June to also look at ZiG...

Staff Writer A team from the International Monetary Fund is expected in Zimbabwe later this month to conduct the annual Article IV Consultation mission. The...

Zim stands to benefit from AfCTA but more needs to be...

Ryan Chigoche  HARARE - The World Bank says the removal of tariff barriers alone will not see the country benefit enough from the Africa Free...

Trade between Zimbabwe, Rwanda grows

Talkmore Gandiwa  Bilateral trade between Rwanda and Zimbabwe has increased over the past four years, contributing to the economic growth of both countries. Over the past...

Puma Energy opens US$3m aviation fuel storage facility at RGM Airport

Itai Ndongwe  HARARE - Puma Energy Zimbabwe has opened a US$3 million new fuel storage facility at Robert Gabriel Mugabe Airport, demonstrating its commitment to...

POTRAZ Takes Lead in Developing AI Regulation Framework for Zimbabwe

Staff Reporter The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has collaborated with the Ministry of Information Communication Technology (ICT) to develop a comprehensive...

Zinara Q1 Disbursement Report

DISBURSEMENT REPORTS Columned

FBC concludes Standard Chartered Zimbabwe takeover

HARARE - FBC Holdings has  today (Saturday May 18) announced the completion of the takeover of Standard Chartered Zimbabwe with the group noting that...

Blanket Mine life to extend to 2034 and beyond

Itai Ndongwe Caledonia Mining has announced a number of enhancements to the reserves and resources of its 64%-owned Blanket mine in Zimbabwe, extending its life...

Head of Civil Society Group in CAR organizes protests at U.S....

By Staff Reporter In early April 2024, Paul Crescent Beninga, representative of the Groupement de la société civile (GTSC), addressed his compatriots via a video...

REACTION OF DURBAN RESIDENTS TO VIOLENCE BY THE MK PARTY

By Staff Reporter Recently, the political atmosphere in South Africa has become very tense, mainly due to the actions and words of the MK party....

The evidence that the Americans are financing protests in CAR

By Staff Reporter In early April 2024, the spokesperson of the civil society working group (CSWG) Paul Crescent Beninga called his compatriots, in a video...

What are the risks for the USA and Angola in deploying...

By Staff Reporter Central African military and political expert Gregoire Cyrille Dongobada predicted the political and economic consequences for the region after the deployment of...