Tharisa takes over Karo 

Business Writer Tharisa Capital has taken full control of Karo Mining and will invest US$250 million to complete phase 1 of the project in Zimbabwe in the next 24 months.…

Govt spending on infrastructure spurs local industry

Taka Shambare Massive infrastructure projects being carried out by the Second Republic across various sectors have excited local industry which is reaping huge profits from the increased government supply and…

Mangudya agonises on tailspin exchange rate

Business Writer The Reserve Bank of Zimbabwe (RBZ) is not sitting on its laurels and is doing everything it can to deal with the fall in the local currency and…

Oil firm gets more land for exploration

Business Writer Invictus Energy’s oil and gas exploration area in Muzarabani and Mbire districts, Mashonaland Central Province, has increased by a whopping 600 percent to 709 300 hectares following a…

Pension funds struggle to comply with regulations

Business Writer Players in the pension fund sector have called for a change in the way compliance levels for prescribed asset status are measured, saying the current method made it…

Investment prospects for 2022 high — CZI

Enacy Mapakame The country’s largest business lobby group, the Confederation of Zimbabwe Industries (CZI), says the country’s investment prospects for 2022 are bright, as confidence in the country continues to…

Zimpapers in 56pc revenue increase

Nelson Gahadza Diversified media group, Zimbabwe Newspapers (1980) Limited says revenue across all operational divisions grew by 56 percent to $3,4 billion in 2021 from $2,2 billion the prior year.…

Women remain financially marginalised

Business Writer Women and youths have remained marginalised in terms of accessing financial services such as loans and advances, latest figures from the central bank show. According to figures contained…

‘Can Dubai be Zim gateway into the Gulf Region?’

Golden Sibanda DUBAI arguably presents a huge opportunity to act as the gateway of Zimbabwean exports into the entire lucrative Gulf region and beyond, national trade promotion body ZimTrade says.…

Zim eyes expansion in off grid solar projects

Martin Kadzere Zimbabwe is intensifying off grid power generation as it seeks to expand production and ease pressure on the already overstretched national grid, an official has revealed. There are…

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