finance

President to officiate at ICAO conference

PRESIDENT Emmerson Mnangagwa is expected to officiate at the 10th International Civil Aviation Organisation’s (ICAO) African and Indian Ocean Aviation Week (AFI Week 2025), to be held in Victoria Falls next month.The ICAO is a United Nations agency that helps about 193 countries to cooperate and share their skies to their mutual benefit.The five-day conference,…

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Governance concerns dent debt talks

LOW confidence in Zimbabwe’s governance reforms is a risk to the country’s arrears clearance and debt resolution process, experts have warned.International organisations and creditors acknowledged progress in Zimbabwe’s arrears clearance and debt resolution efforts after two years of dialogue during the International Monetary Fund (IMF) and World Bank Spring Meetings.However, they also highlighted several remaining…

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Kavango hits high grade gold at Hillside

LONDON Stock Exchange (LSE)-listed mineral explorer Kavango Resources, has reported high-grade gold intercepts at its Hillside project in Zimbabwe, exceeding expectations from early drilling. Operating through its Zimbabwean subsidiary, Kavango Zimbabwe, established in July 2023, the company is targeting several historic high-grade gold mines in the Matabeleland region with a focus on economic bulk mining.…

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Msipa leaves Schweppes after 20 years

SCHWEPPES Zimbabwe Limited managing director Charles Msipa has retired after serving the company for 20 years.  The company yesterday praised Msipa’s crucial role in the firm’s growth during his tenure. He left the company at the end of last month. “Charles joined Schweppes Zimbabwe Limited as sales and marketing director in 2005 and was appointed…

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Surge in tourism sector, now what?

ZIMBABWE’s tourism sector is not just recovering, it’s surging. The 83 percent increase in visitors during the first half of 2024 underscores its position as the country’s fastest-expanding sector, with year-end figures further cementing this upward trajectory.Further solidifying this positive trend, the fourth quarter of 2024 witnessed an increase to approximately 1,5 million arrivals, a…

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