December 2024

Kavango targets maiden mineral resource

KAVANGO Resources, a company listed on the London Stock Exchange, has commenced a resource drilling programme at Prospect 3 within the Hillside Gold Project in Matabeleland. (more…)

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December 4, 2024

Companies & Markets

AfSun projects strong revenue growth for Q4

THE hospitality group African Sun has projected a positive outlook for the fourth quarter of 2024, buoyed by increased business activity during the year-end holiday season. “As we move into the year’s final quarter, we expect a robust performance driven by the domestic market, conference business, and the…

December 4, 2024

Top Stories

ZimTrade banks on China-Africa EPA

ZIMTRADE has expressed optimism that the forthcoming China-Africa Economic Partnership Agreement (EPA) will enable local farmers to export their produce duty-free, leading to better returns. (more…)

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December 4, 2024

National Report

Zinara makes progress on DBSA loan repayment

THE Zimbabwe National Road Administration (Zinara) has made significant progress in repaying its debt to the Development Bank of Southern Africa (DBSA), reducing the outstanding balance to US$45 million. (more…)

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December 4, 2024

Top Stories

Services economy survey on tonight

THE second edition of the State of Services Economy Survey (SOSES) will take place this evening in Harare at a ceremony that is expected to be attended by the country’s leading corporates and business people.…

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December 3, 2024

National Report

Platinum output to remain stable

ZIMBABWE’s platinum output is expected to remain stable, with a forecast of 504 000 ounces this year compared to 507 000 ounces achieved last year, data from the World Platinum Investment Council (WPIC) indicates. (more…)

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December 3, 2024

Top Stories

Zimbabwe aims to restructure debt by 2025

ZIMBABWE’S Treasury says it aims to complete the country’s debt restructuring process by the end of the National Development Strategy 1 (NDS1) period, paving the way for the second phase of the strategy (NDS2) to commence “debt-free”. (more…)

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December 3, 2024

National Report

Zimbabwe’s climate insurance potential stirs ARC chief

AFRICAN Risk Capacity Limited (ARC) chief executive Lesley Ndlovu says there is a massive opportunity for climate-related insurance products in Zimbabwe. (more…)

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December 3, 2024

Top Stories

Foreign currency receipts surge 17,9 percent to US$10 billion

ZIMBABWE’s foreign currency receipts increased by 17,9 percent to US$10 billion during the first nine months of 2024, from US$8,5 billion received during the same period in 2023, latest data shows. (more…)

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December 1, 2024

Companies & Markets

Choppies supermarkets to exit Zimbabwe

BOTSWANA-HEADQUARTERED supermarket chain, Choppies, says it is selling its business in Zimbabwe due to economic hardships. (more…)

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December 1, 2024

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