By Kudzanai Gerede Companies and Market Editor ZIMBABWE's sovereign wealth fund, the Mutapa Investment Fund, plans to mobilise foreign currency for the country's independent power producers (IPPs) to meet their hard currency needs for expansion in the face of severe energy shortages. (more…)

LOCAL diesel consumption edged up by a marginal 0,16 percent to 704,32 million litres in the first eight months of 2024, compared to 703,15 million litres in the same period last year, despite significant national and international events, latest data from the Zimbabwe Energy Regulatory Authority (Zera) shows.…

AS MANY countries around the world, including neighbouring South Africa, continue to trial a four-day working week, local economic experts have expressed mixed views about the viability of this novel concept. (more…)

By Omega Ukama and Mishma Chakanyuka Staff Writers BUSINESS is pinning its hopes on the second National Development Strategy (NDS2) charting an improved and more sustainable growth trajectory for the country. (more…)

Prisca Tshuma, Staff Writer ZIMBABWE has recorded an increase in gold production in the second quarter of 2024 driven by surging prices and availability of inexpensive mining equipment. (more…)

OLD Mutual Zimbabwe has announced that its asset management division invested US$13 million in alternative ventures, including renewable energy projects, during the half-year ending June 30, 2024. (more…)

LIQUEFIED Petroleum Gas (LPG) consumption in Zimbabwe rose by 7,08 percent in the first eight months of 2024, reaching 47,42 million kilogrammes (kgs), up from 44,29 million kg during the same period in 2023, according to latest data from the Zimbabwe Energy Regulatory Authority (ZERA). (more…)

THE Reserve Bank of Zimbabwe (RBZ) has urged banks to integrate sustainability into risk assessments and help businesses manage environment-related risks. (more…)