BUSINESS NEWS

Zesa Holdings has consolidated three of its subsidiaries under the ownership of the Mutapa Investment Fund, the national sovereign wealth fund, leaving only the national grid and sales utility Zimbabwe …

Businesses in Zimbabwe are bracing for a looming crisis as the country grapples with severe power shortages, prompting concerns over escalating energy costs and potential repercussions on operations. The Zambezi …

Stock finance is a lending service that allows businesses to borrow working capital against their goods. Agent float loan allows bank and mobile money agents to access unsecured loans for …

Gold prices edged higher on Wednesday after dropping more than 1 percent in the previous session, as investors digested hotter-than-expected US inflation data and still banked on a Federal Reserve …

Government is working on increasing processing and value addition of tobacco from 2 percent to more than 30 percent to increase earnings from the golden leaf. The country has been …

Zimbabwe faces a dire warning as scorching El Niño weather patterns take their toll on the nation’s crucial maize crop, raising concerns about food security and economic stability. According to …

The Zambezi River Authority (ZRA) has established an average electricity generation target of 214 megawatts (MW) for the Kariba Power Station until the conclusion of the quarter ending in March …

By Zunaid Moti, private investor and founder of MotiMoves Certainly, a country’s business leaders and industrialists drive the economy – the tangible body – of a country. It’s the creative …

During a recent press briefing in Zimbabwe, Dr. Terence Sibiya, the group managing executive of Nedbank Africa Regions, reiterated the firm’s dedication to the Zimbabwean market, emphasizing its importance for …

Caledonia Mining Plc, a mining firm listed on the Victoria Falls Stock Exchange (VFEX), anticipates a decline in full-year profitability due to heightened operating costs at its Blanket Mine in …