MINING & RETAIL

Redwing investor seals US merger

American special purpose acquisition company (SPAC) Hennessy Capital Investment Corp. VI (HCVI) has secured shareholder approval to merge with Namib Minerals, a mining firm with key gold assets in Zim...

By Staff reporter | Published: 13 hours ago

SOCCER

Zimbabwe crushed 5-1 by Zambia

Zimbabwe's Young Mighty Warriors will now battle for third place at the COSAFA Under-17 Championships after suffering a heavy 5-1 defeat to Zambia in the semi-finals played in Windhoek, Namibia on Fri...

By Staff reporter | Published: 18 hours ago

BUSINESS NEWS

China donates US$16 million in food aid to Zimbabwe

Zimbabwe received US$16 million in emergency food assistance from China in 2023 to cushion vulnerable communities from the impact of the El Niño-induced drought, Chinese Ambassador Zhou Ding revealed...

By Staff reporter | Published: 18 hours ago

BUSINESS NEWS

SA TV star Connie Ferguson jets into Zimbabwe

South African television icon and entrepreneur Connie Ferguson landed at Robert Gabriel Mugabe International Airport on Friday afternoon ahead of her role as a guest judge at the much-anticipated Miss...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

Zimbabwe assures steady ARV supply amid US funding cuts

Health and Child Care Minister Dr Douglas Mombeshora has moved to dispel growing fears over antiretroviral (ARV) drug shortages, assuring the nation that Zimbabwe has adequate supplies to meet nationa...

By Staff reporter | Published: 20 hours ago

BUSINESS NEWS

AU pushes for increased maize, sorghum production

Africa University has launched a major initiative aimed at enhancing food security in Manicaland by training thousands of smallholder farmers in improved maize and sorghum farming techniques. The prog...

By Staff reporter | Published: 20 hours ago

POLITICS

MPs refuse to 'protect and secure' Mnangagwa's Belarus deals

President Emmerson Mnangagwa presided over the signing of several Memoranda of Understanding (MoUs) with the Belarusian government in Minsk on Tuesday, but back home, opposition legislators blocked th...

By Staff reporter | Published: 16 May 2025

INDUSTRIALS & ENERGY

Turnall Q1 revenue declines 11% to US$2,3m

Construction firm Turnall Holdings Limited (Turnall) recorded an 11% decline in revenue to US$2.3 million during the first quarter of 2025, citing low economic activity and persistent liquidity challe...

By Staff reporter | Published: 16 May 2025

INDUSTRIALS & ENERGY

Delta tax burden could soar to US$329m

Beverage giant Delta Corporation Limited risks a staggering US$329 million tax liability for its financial year ended March 31, 2025, if it loses ongoing court appeals against additional tax assessmen...

By Staff reporter | Published: 16 May 2025

MINING & RETAIL

Push for gender equality in lithium mining

The Economic Justice for Women Project (EJWP), in partnership with the Southern Africa Trust (SAT), has launched a groundbreaking gender-centred initiative aimed at promoting feminist climate action i...

By Staff reporter | Published: 16 May 2025

INDUSTRIALS & ENERGY

Zimbabwe eyes regional manufacturing hub status

President Emmerson Mnangagwa has called for the swift implementation of agreements between Zimbabwe and Belarus, as he concluded a successful State visit to the East European nation, highlighting Hara...

By Staff reporter | Published: 16 May 2025

MINING & RETAIL

Struggling RioZim seeks US$200m reboot capital

RioZim, a diversified resource company listed on the Zimbabwe Stock Exchange (ZSE), urgently requires an estimated US$200 million in fresh capital to resuscitate its struggling mining operations, acco...

By Staff reporter | Published: 15 May 2025

INDUSTRIALS & ENERGY

Govt owes Zisco pensioners US$38m

The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...

By Staff reporter | Published: 15 May 2025

BUSINESS NEWS

RBZ moves to boost ZiG use

The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...

By Staff reporter | Published: 14 May 2025

BUSINESS NEWS

Mbare Musika model to go national

The government has announced plans to replicate the modern Mbare Musika Traders Market model across Zimbabwe's 10 provinces as part of a nationwide initiative to provide safer and more dignified vendi...

By Staff reporter | Published: 14 May 2025

CONSTRUCTION & PROPERTY

NBS to deliver over 600 housing units this year

The National Building Society (NBS) has announced plans to inject more than 600 new housing units into Zimbabwe's national housing pool this year, in a drive aimed at accelerating affordable housing d...

By Staff reporter | Published: 13 May 2025

POLITICS

Guvamatanga dodges Parliament again over US$400 million scandal

Finance Ministry Permanent Secretary George Guvamatanga failed once again to appear before Parliament's Public Accounts Committee (PAC) on Monday, defying expectations that he would explain the gross ...

By Staff reporter | Published: 13 May 2025

MINING & RETAIL

Edgars Zimbabwe shifts focus to low-end market

Edgars Stores Limited, one of Zimbabwe's leading clothing retailers, has announced a strategic shift toward the low-end market, revealing that 60% of the country's clothing market now falls within the...

By Staff reporter | Published: 13 May 2025

BUSINESS NEWS

Vendors4ED boss loses US$50,000 claim

A Kwekwe woman, Angela Nyathi, has lost her US$50,000 civil damages lawsuit against Electrosales Hardware after alleging that a male employee made sexually inappropriate comments to her while she was ...

By Staff reporter | Published: 13 May 2025

BUSINESS NEWS

Zimbabwe schools warned against refusing ZiG

The government has issued a stern warning to schools that refuse to accept payment in the Zimbabwean Dollar (ZiG), stressing that such actions will result in disciplinary measures. This directive, whi...

By Staff reporter | Published: 13 May 2025

CONSTRUCTION & PROPERTY

Fresh capital discussions delay Beta Bricks restart

The long-awaited reopening of BETA Bricks has been delayed due to unresolved negotiations with three potential investors who were expected to inject capital into the company. Initially scheduled for t...

By Staff reporter | Published: 13 May 2025

POLITICS

Mnangagwa reverses Mashayamombe suspension

President Emmerson Mnangagwa has vowed to take disciplinary action against individuals within Zanu-PF who orchestrated a wave of what he termed "random and illegal" suspensions of party members, warni...

By Staff reporter | Published: 12 May 2025

BUSINESS NEWS

Agriculture NEC honoured at prestigious awards

The National Employment Council (NEC) for Agriculture has been recognised for its outstanding contributions to Zimbabwe's agricultural transformation, walking away with top honours at the 2025 Zimbabw...

By Staff reporter | Published: 12 May 2025

BUSINESS NEWS

Gideon Gono accused of presenting hearsay in court

A Harare couple accused of defrauding former Reserve Bank of Zimbabwe (RBZ) Governor Gideon Gono of ZiG137 million has challenged the credibility of the prosecution's evidence, calling it hearsay and ...

By Staff reporter | Published: 12 May 2025

POLITICS

Chivayo's lavish gifts to Jah Prayzah nears US$1 million

Flamboyant and controversial businessman Wicknell Chivayo has reportedly lavished close to US$1 million in cars and cash on Jah Prayzah, making the award-winning musician the largest beneficiary of th...

By Staff reporter | Published: 11 May 2025
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