Chivayo’s firm IMC wins US$2.9bn tender in Kenya
Business Reporter ZIMBABWEAN businessman Mr Wicknell Chivayo’s company, IMC Construction Kenya, has won a tender to reconstruct and modernise the Jomo Kenyatta International Airport (JKIA) for US$2.9 billion. The tender…
POSB, AFC forge strategic partnership
Michael Tome Business Reporter THE People’s Own Savings Bank (POSB) has entered into a strategic partnership with AFC Insurance Company, marking a significant step in its quest to expand integrated…
Turnall plans Bulawayo sheeting plant upgrade
Nqobile Bhebhe Zimpapers Business Hub BUILDING materials manufacturer Turnall Holdings plans to upgrade its Bulawayo sheeting plant to expand production capacity and improve operational efficiency ahead of export sales resumption.…
Afreximbank gets S&P investment grade rating
Business Reporter S&P Global Ratings has assigned African Export-Import Bank (Afreximbank) a ‘BBB+’ long-term issuer credit rating and an ‘A-2′ short-term issuer credit rating, with a Stable Outlook, reaffirming the…
Central banks accelerate gold accumulation as dollar sentiment plunges, WGC survey finds
Business Reporter Central banks globally are accelerating their shift towards gold as a primary strategic reserve asset, with a record 45 per cent of monetary institutions expecting to increase their…
POSB, AFC Insurance partnership leverages Mutapa synergies to deepen financial inclusion
Nqobile Bhebhe, [email protected] The People’s Own Savings Bank (POSB) and AFC Insurance Company, both subsidiaries of the Mutapa Investment Fund entered into a strategic bancassurance partnership aimed at leveraging group synergies…
Chinese investments in Zimbabwe surpass US$10 billion as bilateral ties deepen
Chinese investments in Zimbabwe have surpassed the US$10 billion mark, underscoring the strengthening economic partnership between the two countries and highlighting China’s growing role in Zimbabwe’s industrialisation and economic transformation…
FIU moves to regulate Virtual Asset Service
Nqobile Bhebhe, [email protected] ZIMBABWE has taken a major step towards regulating the rapidly growing virtual assets sector by introducing a framework for the registration and supervision of Virtual Asset Service Providers…
Zim nears 25m fingerling mark as aquaculture sector expands
Theseus Mauruki Shambare Agriculture Correspondent The AQUACULTURE sector has produced nearly 25 million fingerlings during the 2025/2026 season, reflecting growing momentum in fish farming as the Government scales up efforts…
Gold deliveries jump 18pc in May, as output rebounds
Tapiwanashe Mangwiro Gold deliveries to the Fidelity Gold Refinery rebounded sharply in May 2026, climbing 18,84 percent to 3 951.01 kilogrammes from 3 324.59 kg in April, the strongest monthly…











