Financial institutions not keen on funding country’s industrialisation efforts

Nqobile Bhebhe There is a limited willingness among local financial institutions to provide necessary funding for the country’s industrialisation efforts, which are essential for economic development, a Cabinet Minister has…

Funding bottlenecks haunt energy sector

Nqobile Bhebhe Parliamentary portfolio committee on energy and power development has said the sector is seriously hamstrung by delays in payments of project loans instalments such as the China Exim-Bank, high…

Caledonia strikes gold again in Bubi exploration

Oliver Kazunga Senior Business Reporter CALEDONIA Mining Corporation says it has received encouraging results from exploration at its Motapa Gold Project in Bubi, Matabeleland North Province. Apart from the Motapa…

Growing calls for Starlink’s satellite services to be regulated in Africa

Own Correspondent The rapid expansion of Starlink’s satellite internet services across Africa has sparked calls from local industry experts, local telecommunications companies and local internet service providers (ISPs) for stronger…

Proparco, Stanbic support access to long-term financing for farmers via a EURIZ facility

Business Writer Proparco is providing Stanbic Bank Zimbabwe with a EUR 5 million EURIZ facility to support its ability to offer long term financing to local farmers operating in the…

Amendments to self-listing rules for exchange delays ZSE scheme of reconstruction

Business Writer The Zimbabwe Stock Exchange (ZSE) Limited says regulatory processes to the company’s scheme of reconstruction will, among other things, see the group self-listing on its main board maybe…

Zimbabwe tourism sector full of opportunities – ZIDA

Business Writer ZIMBABWE’s tourism industry, which registered US$225,7 million investments last year, has huge potential for exponential growth as investors can tap into the broad spectrum of opportunities across its…

ZSE closed the week on the weak side driven by Blue chip counters

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) experienced a downturn this past week, with the All-Share Index closing 3,14 percent lower than the prior week. The index’s decline was largely…

Equities remain the preferred investment option in Zimbabwe

Business Writer Listed equities securities remain the preferred investment option in Zimbabwe as investors seek stable investments that generate wealth over time as well as hedge against potential inflationary pressures.…

CBZ Holdings posts impressive nine-month performance

Business Writer CBZ Holdings Limited has announced solid financial results for the nine months ended September 30, 2024. The Group recorded a profit after tax of ZiG1.01 billion, driven by…

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