According to the miner, the project is expected to achieve payback about one year after processing operations begin and has an estimated internal rate of return of 92%.
Business Digest
By Blessed Ndlovu
May. 29, 2026
According to NMBZ, the Finance Ministry subsequently approved the legacy debt and issued TBs worth US$1,4 million in favour of the development finance institution.
Business Digest
By Tatira Zwinoira
May. 29, 2026
Zimbabweans should expect accelerated SME infrastructure development under NDS2, with particular focus on empowering women, youth, and rural entrepreneurs.
Business Digest
By Freeman Makopa
May. 29, 2026
Maekawa said Zimbabwe needed sustained economic reforms and stable macro-economic management to clear the debt overhang and restore investor confidence.
Business Digest
By Tinashe Kairiza
May. 29, 2026
Chinyere said Freda Rebecca was also expanding the use of artificial intelligence technologies in underground operations to improve geotechnical monitoring and mine safety.
Business Digest
By Mthandazo Nyoni
May. 29, 2026
Rwodzi made the call during the launch of the 2026 edition of the tournament at the Sterling Hub in Harare last week.
Sport
By Munyaradzi Madzokere
May. 29, 2026
Tagwirei on various public platforms has denied any ambitions.
Politics
By Staff Reporter
May. 27, 2026
“If the continent can provide its own creditworthy, commercially bankable market infrastructure then institutional capital will follow,” Bennet said in a statement.
Business Digest
By Mthandazo Nyoni
May. 27, 2026
“The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate.”
Business Digest
By Mthandazo Nyoni
May. 22, 2026
The group’s investment property portfolio stood at US$91,6 million during the year ended December 31, 2024 following an open market valuation.
Caledonia’s market capitalisation stood at US$453,13 million on the London Stock Exchange at Tuesday’s closing share price of 1 750 pence.
Business Digest
By Blessed Ndlovu
May. 22, 2026
Part of the company’s funding structure includes a US$878 284 drawdown from a US$1 million loan facility carrying interest of 11% per annum over 36 months.
Business Digest
By Blessed Ndlovu
May. 22, 2026
The evolving revenue mix reflects Old Mutual’s push to build more resilient earnings in a volatile operating environment.
Business Digest
By Concilia Mupezeni
May. 22, 2026
The slowdown highlights the vulnerability of Zimbabwe’s platinum sector to operational disruptions at major producers.
Business Digest
By Mthandazo Nyoni
May. 22, 2026
Zimbabwe has one of the youngest populations in Africa, with youths accounting for a significant share of the unemployed, according to official statistics and
Business Digest
By Mthandazo Nyoni
May. 22, 2026
However, climate finance mobilisation — estimated at US$121 million over four years — remains significantly below national requirements.
Business Digest
By Gamuchirai Nyamuziwa
May. 22, 2026
Banks have gone through years of cautious lending driven by runaway inflation, currency instability and persistent liquidity shortages.
Business Digest
By Blessed Ndlovu
May. 22, 2026
The quartet clocked 3:01.11 in a dramatic final, finishing ahead of Kenya (3:01.34) and Morocco (3:01.35) in one of the closest races of the championships.
Sport
By Munyaradzi Madzokere
May. 22, 2026
Fixed wireless access, as Potraz defines it, is primarily fixed LTE: home internet services delivered over cellular infrastructure, without a physical cable connecting the premises.
Business Digest
By Valentine Muhamba
May. 19, 2026
A framework that counts Starlink’s consumption in one quarter, excludes it in the next, and never accounts for its provision produces a picture of the market that is structurally incomplete.
Business Digest
By Valentine Muhamba
May. 19, 2026
Zimbabwe’s SMEs account for more than 60% of gross domestic product and over 70% of national employment
Business Digest
By Mthandazo Nyoni
May. 18, 2026
A group of churches
Politics
By The Zimbabwe Independent
May. 15, 2026
In a circular issued to shareholders this week, FMP said it intended to delist from the ZSE as part of a strategic shift towards operating as a privately-held entity.
Business Digest
By Concilia Mupezeni
May. 15, 2026
CALEDONIA Mining Corporation grew its liquidity position to US$191,1 million in the first quarter ended March 31, 2026, strengthening its ability to fund the ambitious Bilboes Gold Project.
Business Digest
By Blessed Ndlovu
May. 15, 2026
MUTAPA Gold Resources says local banks are expected to finance about half of a US$152 million expansion project at Shamva Hill that will triple monthly gold production at the mine by 2028.
Business Digest
By Nhau Mangirazi
May. 15, 2026
Short-term insurer Alliance Insurance has appealed against a High Court order compelling it to pay textiles giant Paramount Exports nearly US$11,7 million for stock destroyed in a devastating fire,
Business Digest
By Blessed Ndlovu
May. 15, 2026
Three players who qualified through the ZPGA Order of Merit, led by seasoned campaigner Visitor Mapwanya, made the cut in one of the Sunshine Tour’s toughest events.
Sport
By Munyaradzi Madzokere
May. 15, 2026
Wayne Bischoff, CEO at Mediamark, said Outmax introduced capabilities not currently available on the continent.
Business Digest
By Mthandazo Nyoni
May. 14, 2026
The IOSA certification renewal represents fastjet Zimbabwe’s first registration under the IATA’S enhanced Risk-Based IOSA approach
Business Digest
By Staff Reporter
May. 12, 2026
THE FBC Zimbabwe Open teed off at Royal Harare Golf Club yesterday with Sunshine Tour tournament director Gary Todd hailing the championship as “the best week on Tour”,
Sport
By Munyaradzi Madzokere
May. 8, 2026
Kavango said it has adequate cash reserves to meet minimum exploration commitments, licence obligations and overheads for at least the next 12 months.
Business Digest
By Blessed Ndlovu
May. 8, 2026
ZIMBABWE’S first gold-backed exchange-traded fund (ETF) could reshape how investors deploy capital, offering regulated offshore exposure for the first time — but analysts warn liquidity constraints
Business Digest
By Mthandazo Nyoni
May. 8, 2026
After a break of two years, BuildEx Harare is back in 2026 with a three-day staging of Zimbabwe’s premier exhibition focused on construction, design, property, home innovation and lifestyle.
Business Digest
By Staff Writer
May. 8, 2026
ZIMBABWE’S trade development and export promotion agency, ZimTrade, will this month embark on a market scan mission to Vietnam and Thailand as it steps up efforts to unlock new export opportunities
Business Digest
By Mthandazo Nyoni
May. 8, 2026
The Reserve Bank of Zimbabwe has kept its policy rate at 35%, while weighted lending rates hover between 40% and 49%, to entrench recent gains in price and currency stability.
Business Digest
By Mthandazo Nyoni
May. 8, 2026
JENA Mines will require more than US$100 million in phased capital investment to fund a major expansion aimed at lifting gold output beyond 200 kilogrammes per month
Business Digest
By Mthandazo Nyoni
May. 8, 2026
The reputational consequences for Gold Standard could also be profound.
Business Buzz
By Staff Reporter
May. 7, 2026
While countries such as Rwanda and Nigeria are making measurable progress, the report finds their trajectories remain incomplete.
Business Digest
By Mthandazo Nyoni
May. 5, 2026
The lodge joked: “He was checking why room service was running late. No rules. No invitation. No reservation. This is the Zambezi — where wild means wild.”
Business Digest
By Staff Writer
May. 3, 2026
The challenge is no longer attracting interest, but converting that interest into bankable, funded projects that survive beyond announcements and memoranda of understanding.
Business Digest
By Freeman Makopa
May. 2, 2026
“Also planned in 2026 is the construction of a 34km electricity line to connect Blanket to Zimbabwe’s 132Kv backbone,” Caledonia said.
Business Digest
By Blessed Ndlovu
May. 2, 2026
“Gulf sovereign wealth funds had shown interest in Zimbabwe’s mining sector (lithium, gold, platinum) and renewable energy. The conflict may delay or cancel planned investments,” it said.
Business Digest
By Ruth Maseko
May. 2, 2026
In this way, China has become the world’s first major economy to implement unilateral, comprehensive zero-tariff treatment for all African countries with which it has diplomatic ties.
Business Digest
By Tendai Munhundarima
May. 2, 2026
In December 2023, the firm announced a gas discovery at its Mukuyu well, with indications pointing to a potential 184 million barrels of oil equivalent.
Business Digest
By Blessed Ndlovu
May. 2, 2026
In its February 2026 Monetary Policy Statement, the RBZ guaranteed that foreign currency deals and listed equities would not be forcibly converted under a mono-currency system.
Business Digest
By Concilia Mupezeni
May. 2, 2026
The watchdog claimed some companies provide “token” incentives, including fuel coupons, to chiefs and councillors to secure compliance as they expand into communal land.
Business Digest
By Freeman Makopa
May. 2, 2026
Hoto said FMHL remained optimistic about demand growth across its insurance divisions, particularly as it expands lower-cost health insurance products targeted at Zimbabwe’s cash economy.
Business Digest
By Blessed Ndlovu
May. 2, 2026
Zimbabwe Professional Golfers Association president Akil Yusuf backed the depth of Zimbabwe’s field, adding the country’s golfers were capable of ending the long wait for a home winner.
Sport
By Munyaradzi Madzokere
May. 2, 2026
Patrick Maseva-Shayawabaya, who previously served as Kuvimba Mining House (KMH) head of the gold cluster and chief finance officer of MGR, will take over the reins.
Business Digest
By Mthandazo Nyoni
Apr. 29, 2026
On first inspection, Ecocash's intent with the Super App is immediately clear
Business Digest
By Mukudzei Sibanda
Apr. 28, 2026