The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
The Platinum Group Metals (PGMs) industry continued to be a vital pillar of Zimbabwe’s economy, contributing US$2.1 billion in export revenue last year. Despite facing challenges from depressed global market …
ABWA Holdings, a diversified investment company in Zimbabwe with interests in farming, healthcare, and property, has entered voluntary corporate rescue due to technical insolvency. Several ABWA subsidiaries, including ABWA Poultry, …
Trade between Zimbabwe and the Democratic Republic of Congo (DRC) is poised for significant growth, offering numerous opportunities for Zimbabwean exporters to supply products and services to the DRC. Ambassador …
An independent auditor’s report has raised serious concerns about RioZim’s ability to continue operating, highlighting that the company’s liabilities are greater than its assets, making it technically insolvent. When auditors …
Botswana has authorised the granting of an operating licence to SpaceX’s Starlink unit, becoming the latest African country to permit the internet services company to operate in it. Starlink services …
Leading global airline Emirates is celebrating twelve years of operations in Zimbabwe, having transported 1.12 million passengers since its inaugural flight in February 2012. Over a decade later, Emirates has …
First Capital Bank (FCB) has secured an additional US$15 million credit facility from the African Development Bank, raising its total funding from regional and international sources to US$48.5 million. In …
Puma Energy has reinforced its commitment to Zimbabwe with an additional US$3 million investment to expand its aviation fuel storage facility in Harare. On Monday, the company unveiled an enhanced …
According to the 2023 Critical Minerals Market Review by the International Energy Agency, demand for lithium, for example, tripled from 2017 to 2022. Global demand for critical minerals, particularly lithium, …
CBZ Holdings has reported a robust financial performance for the first quarter of 2024, maintaining a strong financial position with loans and advances totaling $7.12 trillion, supported by a substantial …
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