CALEDONIA Mining Corporation Plc (Caledonia) has appointed Stanbic Bank Zimbabwe and CBZ Bank as co-lead arrangers for an interim funding facility of up to US$150 million to support the development of its Bilboes gold project. The facility is expected to be in place by mid-2026, subject to lender approvals. Caledonia said the facility is intended…
By Bothwell Nyajeka A READER of this column recently posed the following important question: “As we move into 2026, Zimbabwean companies are transitioning from a ‘comply or explain’ philosophy to…
By Memory Nguwi IF you want to attract and retain people who consistently deliver results, you must be deliberate about where you position their pay. Salary is a strategic decision…
PARLIAMENT is actively pushing for the reduction of the intermediated money transfer tax (IMTT) on US-dollar transactions from the current two percent to 1,5 percent to encourage deposits, chairman on budget committee Lincoln Dhliwayo has said. He said this at the Annual Tax Review Breakfast Meeting hosted by our sister business paper The Financial Gazette on Friday,…
CONSTRUCTION industry experts say Zimbabwe is integrating technology into the sector to attract both domestic and international investment. The industry is evolving through the adoption of green technologies, including solar energy and rainwater harvesting, alongside modern materials such as light gauge steel. In an interview, the president of the Zimbabwe Building Contractors Association, Tinashe Manzungu,…
ZIMBABWE is making strides in clean energy adoption, with a growing shift toward renewable and environmentally friendly power sources, particularly in urban areas, the minister of Energy, July Moyo, has said. Speaking to the Daily News yesterday ahead of today’s commencement of the Sadc Sustainable Energy Week 2026, Moyo said the use of green energy…
By Godfrey Nyoni MANY organisations believe that as long as they back up their data, they are safe from cyberattacks. Backups are important, but they are not enough on their…
Mozambique is navigating a fiscal crisis and has built up debt-servicing arrears with a raft of bilateral and multilateral lenders, the International Monetary Fund said, painting a bleak picture of…
Standard Chartered Plc has begun a process to sell its Botswana business and expects to get first bids by middle of the year, according to people familiar with the matter.…
By Charity Suburare IMAGINE a marketing strategy that does not just capture attention, but commands respect. In an era of digital noise and fleeting trends, the true differentiator lies not…
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