The Mutapa Fund is stepping up its role in Zimbabwe’s mining sector as it seeks US$250 million to expand gold production across key operations. The fund plans to allocate US$150 million to Shamva Gold Mine and US$100 million to Jena Mines. This capital will be raised mainly through debt facilities negotiated with financial institutions. The...
Zimbabwe’s dollar-only stock market is gaining rapid momentum. Market analysts now say the Victoria Falls Stock Exchange could surpass the century-old Harare main market within two years. This shift reflects deeper changes in investor behaviour, currency dynamics and sector composition. VFEX opened in 2020 to provide a dollar-denominated trading platform. The aim was to attract...
The festive season is usually a time for joy, family gatherings and shared meals. This year, however, the rising cost of a basic food basket will determine how millions of households celebrate. Across Zimbabwe, South Africa, Zambia, Mozambique and Botswana, families are dealing with higher prices, strained incomes and uncertain economic conditions. Inflation, currency weaknesses,...
TelOne is accelerating the modernisation of Zimbabwe’s communication sector through the expansion of its Voice over Internet Protocol service. The VoIP platform is becoming a central part of how businesses, households and public institutions communicate. It replaces old fixed telephone lines with digital calling that uses internet connectivity. As more companies adopt digital tools, TelOne...
The City of Bulawayo has declared a public health alert amid a suspected outbreak of hand, foot and mouth disease. Municipal authorities report that hundreds of cases may be emerging, raising concern among parents, teachers, and healthcare providers across Bulawayo. The outbreak comes as the city monitors young children closely, particularly in crèches and junior...
Delta Beverages reported robust half-year results to September 2025. Revenue rose 32 percent to US$514 million. The performance shows demand is returning across Delta Beverages’ core product range. First, Delta Beverages benefited from a more stable macro environment. The company said that the introduction of the ZiG currency in April 2024 helped reduce inflation and...
ZIMBABWE and ZAMBIA must move from simple trade ties to joint industrialisation, ZimTrade chief executive Allan Majuru said at the Zimbabwe–Zambia Business Forum. He called on Zimbabwe and Zambia to focus on building industries together. The goal is to create value, not just move products across the border. This shift matters for jobs, exports and...
Zimbabwe Bank Performance Insights show CBZ Holdings leading the pack with notable growth in the nine months to September 2025. The group reported a 10 percent rise in after-tax profit to ZWL 1.11 billion, driven by strong deposit mobilisation and higher non-funded income from fees and transactional activity. Total income jumped 58 percent to ZWL...
Zimbabwean lithium miners VAT relief is now a central focus as companies push for temporary suspension of VAT and export levies on lithium concentrate. This request aims to ease financial pressures while miners develop local processing plants. The moratorium, proposed to last until the end of 2026, highlights the tension between immediate revenue collection and...
Zimbabwe and Zambia have moved quickly to deepen cooperation under the new Zimbabwe Zambia BNC Partnership. The inaugural Bi-National Commission session in Harare has shifted the relationship from routine trade talks to structured cooperation on investment, infrastructure, energy and tourism. For businesses, investors and regional planners, the Zimbabwe Zambia BNC Partnership offers a practical roadmap...