Zimbabwe’s mining industry sees significant progress

Nqobile Bhebhe, Zimpapers Business Hub THE Mineral Development Policy is nearing finalisation with 96 percent of the drafting process completed, while the Online Permit System has seen 90 percent ground…

CBZ Holdings Posts ZWG537.53 Million Profit in Q1 2025

Nqobile Bhebhe, Zimpapers Business Hub CBZ Holdings has recorded a profit after tax of ZWG537.53 million for the first quarter ended 31 March 2025, supported by strong income growth and…

CZI urges companies to reduce idle capacity

Confederation of Zimbabwe Industries (CZI) chief executive officer, Ms Sekai Kuvarika, has urged the manufacturing sector to reduce unutilised capacity to lower overall production costs and boost economies of scale.

Gold slips as traders await US data for clues on tariff impacts

Gold edged lower ahead of key economic data this week that could offer some insights into the impacts of President Donald Trump’s trade war.

RioZim workers seek corporate rescue proceedings for company

RioZim Limited’s workers have filed a High Court application to have the company placed under corporate rescue to avert the potential liquidation of one of Zimbabwe’s diversified resource firms.

British firms eye US$1bn investments in Zim

BRITISH companies have lined up nearly US$1 billion worth of investments in Zimbabwe, spanning key sectors such as dairy, mining and renewable energy, as the United Kingdom deepens its economic engagement with the southern African country.

Botswana optimistic De Beers will find buyers

Botswana’s government said it’s optimistic that Anglo American Plc will find a buyer for its diamond unit De Beers this year.

Wall Street sees US playing safe on debt after market chaos

Treasury Secretary Scott Bessent’s debt-management team is expected to keep the department’s plans for sales of longer-dated securities steady, especially after recent swings in the US$29 trillion market.

Kenya, SA emerge as private equity safe zones

Despite growing global uncertainty, a majority of private equity investors are doubling down on South Africa and Kenya as their top investment destinations over the next three years, even as U.S. President Donald Trump’s tariff policies cast a shadow over Africa’s fundraising prospects for 2025.

Positive outlook ahead of EU business delegation’s visit

Nqobile Bhebhe, Zimpapers Business Hub THE anticipated visit of a European Union business delegation to Zimbabwe next month could be a powerful economic springboard, positioning Zimbabwe’s private sector for greater…

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