BUSINESS NEWS

Karo Mining Holdings, a Victoria Falls Stock Exchange-listed platinum miner once touted as a game-changer for Zimbabwe’s mining sector, is reportedly cutting jobs and delaying key projects amid financial strain. …

Invictus Energy has received environmental approval for its gas project in northern Zimbabwe, paving the way for pilot production and commercialization. The Environmental Management Authority (EMA) granted approval for the …

Business leaders have commended the Reserve Bank of Zimbabwe for maintaining a tight monetary policy, which has stabilised the exchange rate of the ZiG against the US dollar. The sentiment …

Zimbabwe’s Information Communication Technology (ICT) sector is facing significant headwinds due to high taxation and persistent power shortages, according to Deputy Minister of ICT and Courier Services, Dingumuzi Phuti. Speaking …

The Reserve Bank of Zimbabwe’s (RBZ) 2025 Monetary Policy Statement (MPS), presented by Governor John Mushayavanhu, has come under heavy criticism from economists, who argue that it fails to address …

Dubai, UAE | Zimbabwe’s Minister of Lands, Agriculture, Water, Fisheries, and Rural Development, Dr. Anxious Masuka, has been recognized as the Best World Minister at the prestigious World Government Summit …

Zimbabwean sugarcane millers have lodged an appeal against a High Court ruling that upheld a Government directive favoring farmers in the revenue-sharing model under a sugarcane milling agreement. The directive …

Zimbabwe has exceeded its 2024 gold production target, achieving a record-breaking 36.48 tonnes. This surge in output was driven by strong global gold prices and continuous support from the Government, …

Dinson Iron and Steel Company (Dinson) has begun manufacturing steel bars, marking the third product introduced under its initial production phase. Located in Manhize near Mvuma, the US$1.5 billion steel …

Econet Wireless Zimbabwe has dismissed allegations of a major data breach that allegedly exposed customer records, describing the claims as baseless and misleading. The allegations surfaced after an anonymous entity …