Afreximbank profit jumps 25% amid global uncertainty
“The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate.”
By Mthandazo Nyoni
3h ago
Cables giant sets aside US$1m for plant, equipment purchase
Part of the company’s funding structure includes a US$878 284 drawdown from a US$1 million loan facility carrying interest of 11% per annum over 36 months.
By Blessed Ndlovu
7h ago
Old Mutual revenues hit near parity
The evolving revenue mix reflects Old Mutual’s push to build more resilient earnings in a volatile operating environment.
By Concilia Mupezeni
8h ago
Zimplats furnace maintenance hits Zim Q1 platinum output
The slowdown highlights the vulnerability of Zimbabwe’s platinum sector to operational disruptions at major producers.
By Mthandazo Nyoni
8h ago
Businesses warn against compulsory hiring of National Youth Service graduates
Zimbabwe has one of the youngest populations in Africa, with youths accounting for a significant share of the unemployed, according to official statistics and
By Mthandazo Nyoni
8h ago
Zim ramps up climate finance push under GGGI–Sweden capacity building drive
However, climate finance mobilisation — estimated at US$121 million over four years — remains significantly below national requirements.
By Gamuchirai Nyamuziwa
8h ago
Banks push for lending revival as stability rekindles confidence
Banks have gone through years of cautious lending driven by runaway inflation, currency instability and persistent liquidity shortages.
By Blessed Ndlovu
8h ago
Over 50% of Zim’s fixed broadband now wireless
Fixed wireless access, as Potraz defines it, is primarily fixed LTE: home internet services delivered over cellular infrastructure, without a physical cable connecting the premises.
By Valentine Muhamba
May. 19, 2026
Measured but not counted: How Starlink broke Potraz’s bandwidth framework
A framework that counts Starlink’s consumption in one quarter, excludes it in the next, and never accounts for its provision produces a picture of the market that is structurally incomplete.
By Valentine Muhamba
May. 19, 2026
Afreximbank injects US$15m into Ecobank Zimbabwe to drive SME export growth
Zimbabwe’s SMEs account for more than 60% of gross domestic product and over 70% of national employment
By Mthandazo Nyoni
May. 18, 2026
Intellego backs FMHL’s US$11,9m FMP buyout
In a circular issued to shareholders this week, FMP said it intended to delist from the ZSE as part of a strategic shift towards operating as a privately-held entity.
By Concilia Mupezeni
May. 15, 2026
Caledonia cash pile jumps as Bilboes project gathers pace
CALEDONIA Mining Corporation grew its liquidity position to US$191,1 million in the first quarter ended March 31, 2026, strengthening its ability to fund the ambitious Bilboes Gold Project.
By Blessed Ndlovu
May. 15, 2026
Local banks back Shamva gold’s US$152m expansion
MUTAPA Gold Resources says local banks are expected to finance about half of a US$152 million expansion project at Shamva Hill that will triple monthly gold production at the mine by 2028.
By Nhau Mangirazi
May. 15, 2026
Insurer seeks court review of Paramount’s US$11,7m bill
Short-term insurer Alliance Insurance has appealed against a High Court order compelling it to pay textiles giant Paramount Exports nearly US$11,7 million for stock destroyed in a devastating fire,
By Blessed Ndlovu
May. 15, 2026
Perion partners Mediamark, McSorely in Africa AI ad drive
Wayne Bischoff, CEO at Mediamark, said Outmax introduced capabilities not currently available on the continent.
By Mthandazo Nyoni
May. 14, 2026
Fastjet Zimbabwe renews IOSA certification
The IOSA certification renewal represents fastjet Zimbabwe’s first registration under the IATA’S enhanced Risk-Based IOSA approach
By Staff Reporter
May. 12, 2026
British miner boosts funding as exploration gathers pace
Kavango said it has adequate cash reserves to meet minimum exploration commitments, licence obligations and overheads for at least the next 12 months.
By Blessed Ndlovu
May. 8, 2026
New gold ETF may reshape Zim investing, but risks loom
ZIMBABWE’S first gold-backed exchange-traded fund (ETF) could reshape how investors deploy capital, offering regulated offshore exposure for the first time — but analysts warn liquidity constraints
By Mthandazo Nyoni
May. 8, 2026
BuildEx back after two-year hiatus
After a break of two years, BuildEx Harare is back in 2026 with a three-day staging of Zimbabwe’s premier exhibition focused on construction, design, property, home innovation and lifestyle.
By Staff Writer
May. 8, 2026
ZimTrade eyes Asian markets with Vietnam, Thailand visit
ZIMBABWE’S trade development and export promotion agency, ZimTrade, will this month embark on a market scan mission to Vietnam and Thailand as it steps up efforts to unlock new export opportunities
By Mthandazo Nyoni
May. 8, 2026
‘Banks push workers onto fragile contracts’
The Reserve Bank of Zimbabwe has kept its policy rate at 35%, while weighted lending rates hover between 40% and 49%, to entrench recent gains in price and currency stability.
By Mthandazo Nyoni
May. 8, 2026
Jena targets US$100m expansion to lift output
JENA Mines will require more than US$100 million in phased capital investment to fund a major expansion aimed at lifting gold output beyond 200 kilogrammes per month
By Mthandazo Nyoni
May. 8, 2026
Only four African economies built for sustained industrial growth — report
While countries such as Rwanda and Nigeria are making measurable progress, the report finds their trajectories remain incomplete.
By Mthandazo Nyoni
May. 5, 2026
Croc shocks tourists as it wanders into A’Zambezi hotel restaurant
The lodge joked: “He was checking why room service was running late. No rules. No invitation. No reservation. This is the Zambezi — where wild means wild.”
By Staff Writer
May. 3, 2026
Investors withhold billions after signing up to Zimbabwe, country achieves only 3% realisation rate in 4-year period, says Zida
The challenge is no longer attracting interest, but converting that interest into bankable, funded projects that survive beyond announcements and memoranda of understanding.
By Freeman Makopa
May. 2, 2026
Caledonia invests US$14,2m into power line
“Also planned in 2026 is the construction of a 34km electricity line to connect Blanket to Zimbabwe’s 132Kv backbone,” Caledonia said.
By Blessed Ndlovu
May. 2, 2026
Middle East war exposes fragile economy
“Gulf sovereign wealth funds had shown interest in Zimbabwe’s mining sector (lithium, gold, platinum) and renewable energy. The conflict may delay or cancel planned investments,” it said.
By Ruth Maseko
May. 2, 2026
Envoy unpacks China’s zero-tariff policy and what it means for Zimbabwe
In this way, China has become the world’s first major economy to implement unilateral, comprehensive zero-tariff treatment for all African countries with which it has diplomatic ties.
By Tendai Munhundarima
May. 2, 2026
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