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), with 77% repaid of its total allocation for the DBSA...

Grid Africa and Huawei Announce  72MW Solar Agreement for Mining Operations in Zimbabwe

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, a global technology powerhouse, to implement 72 megawatts (MW) of sustainable...

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 DPO's decision to exit the Zimbabwean market and terminate its...

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 road authorities for the maintenance of the national road infrastructure...

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 the third quarter. Quarterly gold production from Blanket in the three...
The African Development Bank headquarters in Abidjan, Cote d'Ivoire

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 Malawi and Zimbabwe. Under the bank group’s Africa Disaster Risk Financing...

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 output. The country is known for its abundance of mineral resources,...

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 World Bank CEN initiative is anchored in a continued commitment...

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 Victoria Falls, which will be managed by Cresta Hotels. The UCPF...

Zimbabwe’s Land Reform: A New Era of Security of Tenure for Farmers, Banks to...

HARARE (FinX) - In a landmark move aimed at revitalising the agricultural sector, the Zimbabwean government has announced significant reforms to enhance security of tenure for beneficiaries of the Land Reform Programme. This initiative,...