Contango Holdings Secures Investment for Zimbabwe Coal Project

HARARE - Contango Holdings Plc has announced a strategic financial boost for its Muchesu coal project in Zimbabwe, securing £1.58 million through a new...

MMCZ misses first half targets as low PGM prices weigh

HARARE - Zimbabwe's sole minerals marketing agent sold 1.9 million metric tonnes (mt) worth US$1.5 billion in the first half of 2024, falling short...

Prospect Resources exploring for lithium in Bikita Gem JV

HARARE -  Prospect Resources says it executed a Joint Venture Earn-in Agreement in late May on the Bikita Gem Project. This comes as the company...

Edgars Stores to open 16 new stores in F24

Itai Ndongwe HARARE – Edgars Stores plans to open 16 new stores this year as it continues implementing its turnaround strategy following years of decline. On...

Zim’s population projected to rise 39% to 21m by 2042: Zimstat

HARARE - Zimbabwe's population is projected to reach 21.2 million by 2042, indicating a 39.47% increase from the 2022 population of 15.2 million from...

GB Holdings turnover down 10% in 5 months to May

Ryan Chigoche HARARE - General Beltings turnover in the five months to May dipped 10% to US$ 1.87 million from US$2.077 million posted in the...

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...

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...