KUVIMBA Mining House (KMH) says it has so far spent about US$3 million to extend the operational lifespan of its three gold mines. Kuvimba’s gold cluster comprises Freda Rebecca Gold Mine, Shamva Gold Mines and Jena Mines. Freda currently has a mine life of about five years. The primary goal is to extend the mine’s…
PLAYERS in the mining sector have warned that the restructuring of the gold royalty system will further erode already narrow profit margins and threaten the sustainability of the industry. In the 2026 national budget, Finance Minister Mthuli Ncube proposed a harmonised royalty structure for all gold producers, which includes a three percent royalty fee for…
By Dr Prince Abudu AS Africa increasingly leans towards the local development of artificial intelligence (AI) solutions, one thing has become clear: we need enormous computing power. From preparing datasets…
By the Marketers Association of Zimbabwe THE calendar marks the arrival of strategy season, and for organisations that take growth seriously, it is far more than a meeting. It is a high-stakes forum where leaders pause, reflect, and chart the trajectory for the year ahead. Every insight matters, every voice counts, and every decision has…
FOREIGN direct investment into Zimbabwe is expected to reach US$847 million next year, as the government steps up efforts to improve the business operating environment. In his 2026 national budget statement, Finance minister Mthuli Ncube said foreign direct investment (FDI) inflows grew from US$151 million in 2020 to an estimated US$799 million in 2025. “Since…
STANBIC Bank Zimbabwe (Stanbic) has reaffirmed its long-standing commitment to the fight against cancer by increasing its annual donation to the Cancer Association of Zimbabwe (CAZ) from last year’s US$20…
THE Reserve Bank of Zimbabwe (RBZ) has made significant strides towards meeting the conditions for the de-dollarisation of the country’s economy by 2030. So declared the governor of the central bank, John Mushayavanhu, earlier this week, following a meeting of the RBZ’s monetary policy committee (MPC). “The MPC noted that the aforestated positive monetary and…
THE Zimbabwe National Statistics Agency (Zimstat) is working with the United Nations to strengthen data coordination, production, and utilisation for evidence-based development in the country. Speaking at the Data for Development and Innovation (DFDI) Working Group, Zimstat director general Tafadzwa Bandama said the initiative sought to ensure coordinated efforts to close data gaps in previous…
ECONET Wireless Zimbabwe is hosting a technology exhibition next week, which is expected to be one of the most significant tech expos the country has ever seen. The three-day ‘Econet…
MUTAPA Investment Fund (Mutapa) deployed over US$100 million to state-owned entities under its management to boost operations and viability as of September 2025. Minister of Finance Mthuli Ncube said the funds were deployed in direct capital injections, partnerships, and joint ventures. He said the results show a material turnaround, with 53 percent of the state-owned…
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