Seed Co R & D annual spend on parent seeds currently...
Talkmore Gandiwa/Pride Mzarabani
Seed Co Limited said it is spending approximately US$10 million annually on research and development work for parent seeds. The company has...
Pambili exploring Golden Valley Mine potential
HARARE —Canadian-listed Pambili Natural Resources Corporation says it is conducting a planned six-hole drilling programme at GVM with the objective of identifying a gold...
Battle for the Streets: Tuck Shops Edge Out Zimbabwe’s Supermarkets as...
by Kovedzayi Takawira
Harare - It's a scene of chaos and movement, with everyone eager to retreat to the places they had left in the early...
NMB secures US$25m multi-product facility from Proparco
Itai Ndongwe
HARARE - NMB Bank Zimbabwe Limited has secured a multi-product facility from Proparco, which includes a USD15 million credit line, a USD5 million...
Zim, EU sign US$80m financing deals
Pride Mzarabani/Itai Ndongwe
HARARE - The Zimbabwean government and the European Union have signed four financial agreements totalling 75 million euros (more than US$80 million)...
UK appeal court rules out immunity defence to ICSID awards for...
HARARE (FinX) - The Court of Appeal of England and Wales has affirmed that states cannot rely on sovereign immunity to oppose the registration...
ZINARA makes progress in clearing DBSA loan
Itai Ndongwe
The Zimbabwe National Road Authority (ZINARA) has made substantial strides in fulfilling its financial commitments to the Development Bank of Southern Africa (DBSA),...
Grid Africa and Huawei Announce 72MW Solar Agreement for Mining Operations...
HARARE - Grid Africa, a leading renewable energy provider with operations in Zimbabwe,
South Africa, Zambia, and Kenya has sealed a groundbreaking solar agreement
with Huawei,...
C-Trade says DPO Payment option no longer available after Zim exit
Pride Mzarabani
C-Trade has announced that the DPO payment option is no longer available for depositing funds on its platform. This change is due to...
Zinara disburses ZWG2.7 bln in 9 months to Sept
Itai Ndongwe
The Zimbabwe National Road Administration (Zinara) has disbursed ZWG2.7 billion for the period January to September this year, with these funds allocated to...
Caledonia maintains F24 production target despite Q3 dip
HARARE - Caledonia Mining Corporation maintained its forecast for gold production even though production from the Blanket gold mine in Zimbabwe eased slightly in...
AfDB approves US$34.8m grants for Malawi & Zimbabwe’s climate resilience
The African Development Bank has approved US$34.8 million, (US$34,796,402.40) in grants to enhance resilience and adaptation to climate disaster risks for vulnerable communities in...
Zim to provide incentives to miners for beneficiation facilities
Itai Ndongwe
HARARE (FinX) - Zimbabwe intends to provide incentives to mining companies that establish beneficiation facilities in the country, encouraging miners to increase their...
World Bank approves new country engagement note for Zim
Talkmore Gandiwa
The World Bank has approved a new Country Engagement Note (CEN) focused on supporting the country’s immediate development priorities for 2025 to 2026.
The...
Another Cresta managed hotel for Vic Falls as UCPF seeks US$2.9m
BULAWAYO – The Unified Councils Pension Fund is looking at raising US$2.9 million through private placement for the construction of a three-star hotel in...
Zimbabwe’s Land Reform: A New Era of Security of Tenure for...
HARARE (FinX) - In a landmark move aimed at revitalising the agricultural sector, the Zimbabwean government has announced significant reforms to enhance security of...
Mutashu pens a letter to Mthuli
Harare - The Confederation of Zimbabwe Retailers (CZR) has written to the government appealing for the swift implementation of the zero-rating of Value Added...
Cicada Solar secures US$10m facility
Cicada Solar, a leading provider of renewable energy solutions in Zimbabwe, secured a significant boost to its operations with a US$10 million long term...
Supreme Court Rules in Favor of Competition Tariff Commission in Profeeds...
HARARE (FinX) - In a significant ruling, the Supreme Court of Zimbabwe has upheld the appeal of the Competition Tariff Commission (CTC) against a...
Tourism receipts rise 15% to US$252m in Q2
HARARE (FinX) - Tourism receipts are estimated to have increased by 15% to US$252 million in the second quarter of 2024 from US$220 million...
