Mukuru launches mobile wallet

HARARE - Mukuru, a leading financial services provider, has introduced Mukuru Wallet, a new mobile wallet designed for Zimbabweans to bolster financial inclusion. This launch follows the company's successful application for a Deposit-Taking Microfinance...

Invictus Energy Secures Licence Renewal for Muzarabani Exploration

HARARE - Invictus Energy Limited, an Australian-based oil and gas company, says its 80% owned Zimbabwean subsidiary, Geo Associates, has secured a three-year extension for its SG 4571 licence in the Cabora Bassa Basin,...

Zimra to increase tax base by 25% in US$7.1 bln chase

Itai Ndongwe HARARE (FinX) – Zimbabwe Revenue Authority (Zimra) says it will chase a revenue target of US$7.1 billion in 2025, which is up 16.39% from US$6.1 billion in 2024. This will be anchored on...

Zimbabwean Churches Unite in Prayer for Palestine Amid Gaza Crisis on Women’s Day of...

  By Staff Reporter Zimbabwean churches joined hands in solidarity with Palestine on the International Women’s Day of Prayer, a significant and somber occasion marked by unity and compassion. This act of faith and support came...

Barnard appointed substantive Kuvimba Mining CEO

HARARE - Kuvimba Mining House has appointed Trevor Barnard as Group CEO, beginning December 1, 2024, to continue to drive expansion and development of the resources company. Barnard, who has been serving as the Acting...

Mutapa enlists Afreximbank to mobilise project preparatory funding

HARARE - Afreximbank and Mutapa Investment Fund (MIF) have launched a  US$50 million Joint Project Preparation Facility (JPPF) to support project development in Zimbabwe's key economic sectors. This initiative aims to mobilise project preparatory funding,...

NHS Zimbabwe  set for growth with airport upgrade

By Itai Ndongwe Harare- National Handling Services (NHS), a leading provider of airport handling services, expects a 5% increase in passenger and aircraft handling by 2025. This growth trend will be fueled by the expansion of...

ZimTrade’s Eagles Nest to rope in institutions of higher learning

Farai Mabeza ZIMTRADE says it will from next year utilise various institutions of higher learning and vocational training centres as it expands the Youth Export incubation programme, Eagles Nest. Eagles Nest was launched in 2020 to...

Mnangagwa Tells Banks to Lead Economic Recovery Amid Debt Clearance Efforts

By Talkmore Gandiwa/ Pride Mzarabani President Emmerson Mnangagwa said the banking sector should play its intermediation role and provide affordable financing for re-tooling efforts and working capital. This move aligns with the government's broader agenda to...

Choppies plans to exit Zimbabwean market

By Pride Mzarabani and Terrence Kurira Choppies Enterprises Limited is considering selling its Zimbabwe unit due to the challenging operating environment in the country. This environment is characterized by high inflation rates, volatile exchange rates,...