Casssava Technologies to build Africa’s first AI factory
LONDON, United Kingdom, March 24, 2025/ -- Cassava Technologies (www.CassavaTechnologies.com) announced today that it plans to build Africa’s first AI factory — a powerful...
Diaspora remittances increase 6% to US$352.14m in 2 months to Feb
By Terrence Kurira
HARARE - Zimbabwe's diaspora remittances experienced a 6% rise in the first two months of the year, reaching US$352,141,671, up from US$329,571,954...
Zim, Switzerland sign double taxation agreement
Talkmore Gandiwa
HARARE - Zimbabwe has signed a double taxation agreement with Switzerland to eliminate double taxation and prevent tax evasion in a development expected to...
TSL to discontinue car rental operations
HARARE – TSL Limited has announced the discontinuation of two non-core businesses, with the latest being its car rental operations.
The company said this is...
Innscor invests $10.4m in agriculture to boost local food security
HARARE (FinX) - Innscor Africa Limited's agriculture unit, PHI/Agrowth, invested a total of US$10.4 million in the current summer cropping season as part of...
Download: January national milk production statistics
Milk production Figures Jan 2025 (1)
HARARE (FinX) Zimbabwe’s milk production was up 2.5% in January 2024, reaching 9.76 million litres, up from 9.52 million...
RTG budgets US$1 mln for Montclair Hotel refurbishment
Pride Mzarabani
HARARE (FinX) - Rainbow Tourism Group Limited (RTG) is set to invest approximately US$1 million in the refurbishment of Montclair Hotel & Casino...
Zinara budgets ZWG11.6 bln for road rehabilitation
Itai Ndongwe
HARARE - The Zimbabwe National Road Administration (ZINARA) anticipates allocating 11.6 billion ZiG in financial disbursements to road authorities throughout 2025 for road...
Small-Scale Miners Set to Benefit from Revised Gold Incentive Threshold
HARARE (FinX) The Zimbabwe Miners Federation (ZMF) has announced a significant revision to the incentive threshold for gold deliveries, aimed at supporting the country's...
Ariston in lacklustre outturn in Q1 December
HARARE – Ariston Holdings has released its trading update for the first quarter ending December 31, 2024, revealing a mixed performance as the company...
British Ambassador Meets ZC Ahead of Historic England Tour
By Staff Reporter Harare, – The British Ambassador to Zimbabwe, Pete Vowles, visited Harare Sports Club on Thursday to meet with Zimbabwe Cricket (ZC) officials...
Zimbabwe Mandates Sustainability Reporting for Listed Companies Starting 2024
HARARE - In a significant regulatory development aimed at enhancing corporate accountability, the Public Accountants and Auditors Board (PAAB), the Zimbabwe Stock Exchange (ZSE),...
EcoCash to soon rebrand following reorganisation
HARARE - Econet Wireless Zimbabwe and EcoCash Holdings announced that they had successfully completed a comprehensive reorganisation of their financial technology businesses.
As of April...
OK Zimbabwe sees significant decline in volumes amid stocking pressures
HARARE - OK Zimbabwe Limited disclosed that the company faced significant challenges during the third quarter ending December 31, 2024, with a remarkable 36%...
Mnangagwa Leaves Wife Behind on Valentine’s Eve for AU Summit Amid...
By Staff Reporter
Harare – President Emmerson Mnangagwa has left Zimbabwe on the eve of Valentine’s Day, leaving behind First Lady Auxillia Mnangagwa as he...
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...
