Ahead of Starlink launch, TelOne partners Eutelsat OneWeb for high speed internet

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...

Israel bombed universities in Gaza

By Talkmore Gandiwa The educational landscape of Gaza, once a beacon of hope amidst adversity, now lies shattered and smoldering. The echoes of destruction reverberate...

Namib Minerals in deal with Nasdaq-listed acquisition firm Hennessey

Namib Minerals (Namib) has forged a business combination with Nasdaq-listed Hennessey Capital Investment Corp VI (Hennessey) that will make the miner publicly traded. The New...

Masimba’s order book at US$253m, in negotiations for 10-yr equipment supply deal

HARARE – Masimba Holdings' revenue for the five months ended 31 May increased to US$24.7 million from US$16.5 million reported in the prior comparable...

Milk production rises 20% in five months to May

Talkmore Gandiwa  HARARE - The Ministry of Agriculture is set to source 200 in-calf heifers in a bid to increase genetics and milk production in...

Mash Holdings sees23% growth in revenue YTD

Ryan Chigoche  HARARE -  Listed real estate property concern Mashonaland Holdings has reported a 23% surge in revenue in the five months to May 2024...

Afreximbank signs US$80m facility with CBZ Bank

The African Export-Import Bank signed a US$80 million facility with CBZ Bank in the Bahamas yesterday (June 12, 2024), to support trade financing for...