NIGERIAN billionaire, Aliko Dangote, this week announced bold moves to crack into the Zimbabwean market despite concern from other investors unhappy with the country’s restrictive laws, which limit them to a maximum of 49 percent shareholding in local firms. (more…)

ZIMBABWE should brace for yet another drought in 2016 as climatic predictions by the Southern African Regional Climate Outlook Forum (SARCOF) of normal to below normal rainfall season clearly spell disaster for the country’s agricultural season. (more…)

ZIMBABWE’S largest platinum producer, Zimplats, is in discussions with ZESA Holdings for a deal to allow the platinum miner to import about 80 megawatts (MW) of electricity directly from Hydro Cahora Bassa (HCB) of Mozambique, the Financial Gazette’s Companies & Markets (C&M) can reveal. (more…)

FLAMBOYANT businessman, Philip Chiyangwa on Wednesday sold his entire interest in Ordar Farm to Ordar Housing Development Consortium for US$42 million. (more…)

  PROFESSOR Welshman Ncube’s MDC spokesperson, Joshua Mhambi, has left the party amid indications of a fallout between him and party vice president, Edwin Mushoriwa. (more…)

ELECTRICITY generation at Kariba Power Station has been reduced by 275 megawatts due to depleted dam levels with effect from today. (more…)

ALIKO Dangote, Africa’s richest man, is considering investments in Zimbabwe’s cement, power generation and coal-mining industries as part of an expansion in the southern African nation. (more…)

AFRICA’s richest man, Aliko Dangote, arrived in Harare on Monday where he is expected to seal several deals that would revive the country ailing economy on his two-day visit. (more…)

GOVERNMENT has securitised the Reserve Bank of Zimbabwe (RBZ) debt amounting to US$603,8 million. The securitisation of part of that debt means that government has taken over assets underlying that debt, which is now secured. (more…)

ZIMBABWE’S Labour Amendment Bill (LAB), which now awaits President Robert Mugabe’s assent, could become the most disputed law once promulgated after the Zimbabwe Congress of Trade Unions (ZCTU) said it was preparing to challenge it in court. (more…)