BOOMING infrastructure projects and a thirst for property investments are expected to propel Zimbabwe’s construction sector to an 8 percent growth spurt in 2024, according to research firm First Mutual …
finance
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FINANCE minister Mthuli Ncube’s “user-pay model” is key for Zimbabwe’s roads development, as the country seeks to achieve regional parity in infrastructural financing. The development comes as his Treasury secretary …
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HOTELS in Victoria Falls recorded a modest one percent increase in occupancy over the festive season, underpinned by individual travellers and the diaspora. This comes despite local travel traditionally driving …
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ZIMBABWEAN businesses should prepare to navigate turbulent economic waters in 2024, warns financial services firm Mark and Associates. Its recent report predicts that uncertainty and policy shifts will create both …
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NAMPAK Zimbabwe (Nampark)’s margins are likely to decline owing to El Nino, power cuts and low disposable incomes, despite its revenue reaching a five-year high on record tobacco output, a …
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THE Confederation of Zimbabwe Retailers (CZR) has sounded the alarm for a potentially turbulent 2024, urging wholesalers and retailers to prioritise cost reduction and sales optimisation for survival. Finance minister …
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ZIMBABWE is actively negotiating with private investors to establish a lithium battery manufacturing plant, according to Finance minister Mthuli Ncube. This move reflects the country’s eagerness to capitalise on its …
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KARO Mining Holdings (Karo) says it is currently in advanced negotiations to raise US$260 million in debt capital for its platinum project in Zimbabwe, with a US$160 million term sheet …
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THE Chamber of Mines of Zimbabwe (CoMZ) has painted a mixed picture of the sector’s prospects this year, highlighting both glimmers of hope and significant challenges. While 2023 brought the …
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ZIMBABWE’S domestic credit grew by 22,79 percent in the third quarter of 2023, reaching $13,2 trillion, according to data from the Reserve Bank of Zimbabwe (RBZ). This growth was fuelled …
