IFC and Nespresso partner to support coffee farmers in Zimbabwe, Uganda
The International Finance Corporation and Nespresso on Thursday announced a new partnership to promote more sustainable, resilient, and inclusive livelihoods for coffee-growing communities in...
Zim adopting new Convention on Biological Diversity measures
Talkmore Gandiwa
Zimbabwe is in the process of adopting the new Convention on Biological Diversity measures which seeks to reduce the key pressures driving biodiversity...
ZIDA appoints Tafadzwa Chinamo as CEO
The Zimbabwe Investment Development Agency has announced Tafadzwa Chinamo as its new chief executive officer, effective November 1, 2022.
Chinamo, who was previously CEO of...
Govt launches US$20mln irrigation development fund for smallholder farmers
Talkmore Gandiwa
HARARE - Government has today launched a US$20 million small holder farmers irrigation development fund which is aimed at revitalising 18 rural irrigation...
Masimba posts solid H1 profit on firm order book
HARARE - Listed construction and industrial group, Masimba Holdings Limited widened its profit for the six months to June thanks to a strong order...
Chinese investors to establish US$2.8 bln battery metals park
Itai Ndongwe
Government has approved a proposal by Chinese investors to establish a US$2.83 billion battery-metals park that will process metals such as lithium, platinum,...
Contango sees increased inquiries for thermal coal at its Lubu coal...
HARARE - The London-listed company, Contango Holdings expects to deliver 10,000t of thermal coal and 10,000t of coking coal per month from its Hwange...
Zim platinum production up 6% in Q2: WPIC
The World Platinum Investment Council in its quarterly report says Zimbabwe platinum saw an increase of 6% to 124koz in the second quarter from...
Invictus maps multiple drill-ready prospects at Mzarabani
HARARE - Invictus Energy has identified several drill-ready prospects in the expanded licence area of Zimbabwe's Cabora Bassa project.
This followed the acquisition of new...
Treasury cuts bank charges of +US$1 000 to attract depositors
HARARE - Treasury has lowered the charge on cash withdrawals on amounts above US$1 000 to 1% following pressure from legislators.
In May President Mnangagwa...
Zim signs US$100mn deal for construction of mega solar plant
Itai Ndongwe
HARARE - The government has signed a US$100 million deal for the construction of a 100-megawatt solar photovoltaic power plant with Evergreen Private...
Govt launches US$30 mln Horticulture Export Revolving Fund
HARARE - The government has launched the US$30 million Horticulture Export Revolving Fund to spur agricultural growth and increase the value of agricultural output...
Edgars introduces USD creditor book as high ZWL interests rates weigh...
Itai Ndongwe
HARARE - Edgars Stores Limited has introduced competitive price USD creditor accounts and USD loans through Club-Pls to mitigate against the effects of...
UNCTAD and Commonwealth Secretariat cooperate on plastic pollution
The Commonwealth Secretariat and The United Nations Conference on Trade and Development (UNCTAD) signed a five year agreement to curb plastic pollution and promote...
Download: The Annual GroWealth Magazine (2022)
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GROWEALTH 2022-02-Singles-2
PCAOB fines KPMG SA for using unregistered Zimbabwe affiliate
The Public Company Accounting Oversight Board has levied a US$200,000 penalty Monday against KPMG's member firm in South Africa and a combined US$75,000 in...
ZIMREAL property conference to showcase emerging sector opportunities
HARARE - Zimbabwe’s premier property investment forum, ZIMREAL, is taking place in Harare on September 7, 2022 at the Venue, Avondale, Harare. The annual...
AfDB senior officials highlight renewable opps in Zimbabwe
Staff Writer
Senior African Development Bank officials recently undertook a three-day business mission to Zimbabwe, where they discussed the development of the private sector...
NMB, POSB on the hunt for forex credit lines as USD...
Talkmore Gandiwa/Edwell Chigangaidze
HARARE – NMB Bank says it is in negotiations for US$20 million credit lines from two potential financiers, which assist it to...