RTG to spend nearly US$1m on hotel refurbishment

Talkmore Gandiwa HARARE - Rainbow Towers Group will invest US$880 000 in refurbishing three hotel properties in Harare and Victoria Falls to improve quality and...

Global gold demand reaches record high in Q4 2024 – WGC

Global gold demand reached a record high in Q4 2024, reaching 4,974 tonnes, according to the latest report from the World Gold Council. This...

Be Responsible, Zimbabwe: US Halts Foreign Aid

Harare- The United States Embassy in Zimbabwe has announced a temporary pause on all US. Foreign assistance funded by the State Department and the...

US Issues Pause on Foreign Aid Funding

By staff Reporter The United States has suspended foreign aid and new grants immediately. This decision follows an executive order by President Donald Trump, asking...

MMCZ Appoints New General Manager

By Talkmore Gandiwa The Minerals Marketing Corporation of Zimbabwe (MMCZ) Board has appointed Dr. Nomusa Jane Moyo as the Corporation's new General Manager, effective immediately. Dr....

ZIDA sees drop in investment value in Q4 at US$4.6 bln

Itai Ndongwe HARARE – The Zimbabwe Investment Development Agency (ZIDA) reported a significant 60% decrease in total investment value in the fourth quarter of 2024...

Seedco Donates US$9K to Homes

By Talkmore Gandiwa Seedco has handed over US$9 060 to Idawekwako Old People's Home and Mutemwa Leprosy centre, reinforcing its commitment to corporate social responsibility...

Triangle Limited Announces Phased Retrenchment Amid Economic Challenges in Zimbabwe

By Terrence Kurira HARARE - Triangle Limited, a leading sugar producer in Zimbabwe has announced a phased retrenchment process due to "unprecedented economic challenges." The...

Zhongtong Suspends Operations in Zimbabwe

  Terrence Kurira Harare - Zhengzhou Bus Zimbabwe (Private) Limited, trading as Zhongtong Bus Zimbabwe, has announced that it will suspend its business operations in Zimbabwe. The...

Israel Seizes Palestinian Tax Funds

  By Staff Reporter Israel has illegally seized US$ 544 million in Palestine tax and customs revenue. Israel plans to use tax revenue it collects on...

Mukuru launches mobile wallet

HARARE - Mukuru, a leading financial services provider, has introduced Mukuru Wallet, a new mobile wallet designed for Zimbabweans to bolster financial inclusion. This...

Invictus Energy Secures Licence Renewal for Muzarabani Exploration

HARARE - Invictus Energy Limited, an Australian-based oil and gas company, says its 80% owned Zimbabwean subsidiary, Geo Associates, has secured a three-year extension...

Zimra to increase tax base by 25% in US$7.1 bln chase

Itai Ndongwe HARARE (FinX) – Zimbabwe Revenue Authority (Zimra) says it will chase a revenue target of US$7.1 billion in 2025, which is up 16.39%...

Zimbabwean Churches Unite in Prayer for Palestine Amid Gaza Crisis on...

  By Staff Reporter Zimbabwean churches joined hands in solidarity with Palestine on the International Women’s Day of Prayer, a significant and somber occasion marked by...

Barnard appointed substantive Kuvimba Mining CEO

HARARE - Kuvimba Mining House has appointed Trevor Barnard as Group CEO, beginning December 1, 2024, to continue to drive expansion and development of...

Mutapa enlists Afreximbank to mobilise project preparatory funding

HARARE - Afreximbank and Mutapa Investment Fund (MIF) have launched a  US$50 million Joint Project Preparation Facility (JPPF) to support project development in Zimbabwe's...

NHS Zimbabwe  set for growth with airport upgrade

By Itai Ndongwe Harare- National Handling Services (NHS), a leading provider of airport handling services, expects a 5% increase in passenger and aircraft handling by...

ZimTrade’s Eagles Nest to rope in institutions of higher learning

Farai Mabeza ZIMTRADE says it will from next year utilise various institutions of higher learning and vocational training centres as it expands the Youth Export...

Mnangagwa Tells Banks to Lead Economic Recovery Amid Debt Clearance Efforts

By Talkmore Gandiwa/ Pride Mzarabani President Emmerson Mnangagwa said the banking sector should play its intermediation role and provide affordable financing for re-tooling efforts and...

Choppies plans to exit Zimbabwean market

By Pride Mzarabani and Terrence Kurira Choppies Enterprises Limited is considering selling its Zimbabwe unit due to the challenging operating environment in the country. This...