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)

Download the annual GroWealth Magazine: 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...

NTS volumes decline 20% in QJune

Edwell Chigangaidze  HARARE – National Tyre Service (NTS) saw a 20% decrease in volume for the three months to June largely impacted by rising prices...

Galileo identifies multiple gold targets at Bulawayo Gold project

Itai Ndongwe  Galileo Resources has identified multiple gold targets in its latest aeromagnetic and radiometric survey conducted at the Bulawayo Gold Project, Zimbabwe. The survey successfully...

Zeco shareholders approve transition to property company

Talkmore Gandiwa HARARE- ZECO Holdings Limited shareholders approved the transition of the company to a property development entity at an extraordinary general meeting this morning. The...

Cafca’s Q3 profits up 251% on sustained volume deman

Itai Ndongwe HARARE - CAFCA recorded a slight increase in volumes in the third quarter to June buoyed by sustained local and export demand. Tonnes sold...

Premier African Minerals receives US$18m as pre-payment for Zulu lithium project

Itai Ndongwe  Premier African Minerals has completed the definitive transaction documents for the marketing and prepayment agreement with Suzhou TA&A and has received approximately US$18.1...

BancABC partners TelOne on City Hopper Agency

Itai Ndongwe BancABC, the local banking subsidiary of pan-African Group Atlas Mara, has joined forces with Telone, one of the country's largest telecommunications players, to...

Invictus awarded 3 carbon offset projects as it kickstarts drilling project

Talkmore Gandiwa HARARE – Invictus energy is set to drill the Mukuyu second well by end of August, which is set to target 22 cubic...

Proplastics sitting on 76% USD sales at H1

Itai Ndongwe HARARE - Proplastics Limited says it has met its first-half target in US dollars terms, but it is falling short in local currency. CEO...