Ahead of Starlink launch, TelOne partners Eutelsat OneWeb for high speed...
Itai Ndongwe
TelOne has announced a strategic agreement with British-based global low-earth orbit satellite communications network firm, Eutelsat OneWeb, for internet service to give Zimbabwean...
Zimplow revenue declines 20% in 5 months to May
Itai Ndongwe
HARARE - Zimplow Holdings Limited, a leading manufacturer and distributor of agricultural equipment and services, has reported a significant decline in revenue for...
Alleged Financier of Zanu PF Activist’s Campaign Exposed
Controversial businessman Simon Rudland, co-founder of Gold Leaf Tobacco, is at the center of a storm following allegations that he is financing Zanu PF...
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...
Wife of alleged gold mafia boss wins US$1 million case against...
HARARE – Leigh Ann Patricia Rudland, the wife of notorious alleged gold smuggler and money launderer Simon Rudland, has won a US$1 million case...
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...
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...
