Zimbabwe tobacco giant profit up 75 percent

February 1, 2018

Agro-industrial group TSL on Tuesday reported a 75 percent increase in net income to $4.8 million in the full year…

South African company in talks to acquire Zimbabwe assets of ASA Resources

January 31, 2018

Gold producer Pan African Resources (Panaf) says that it is in exclusive negotiations with ASA Resource Group to acquire assets…

Has Africa’s moment arrived at last?

January 31, 2018

The African Development Bank (AfDB) has just published its African Economic Outlook for 2018. This year’s revamped publication – shorter…

Mnangagwa appoints Priscillah Chigumba Zimbabwe Electoral Commission chair

January 31, 2018

President Emmerson Mnangagwa has appointed High Court Judge Prisicllah Chigumba as the chair of the Zimbabwe Electoral Commission taking over…

Is Mnangagwa’s outreach to the world a refined form of begging?

January 31, 2018

African democracies badly need a new generation of leaders – where are they? In every single African country, young people…

Australian miner raises $10 million for Zimbabwe lithium mine

January 31, 2018

Australian-listed junior miner Prospect Resources says it has raised $10 million in capital via a private placement which was oversubscribed.…

Where will Mnangagwa get money to buy cars for chiefs?

January 31, 2018

The government has allocated only $2 million for the acquisition of vehicles for chiefs when the bid was for $9…

What the fight at CFI was all about?

January 31, 2018

CFI Holdings reported an after tax profit of $879 800 for the year ended September 31, 2017 from a $45…

Zimbabwe assumes ZISCOsteel debt ahead of Chinese takeover

January 31, 2018

  Government has gazetted the Zisco Debt Assumption Bill, effectively taking over the steel giant’s debt, clearing the way for…

Zimbabwe mining to earn $2.5 billion this year

January 30, 2018

Zimbabwe’s mineral revenue is projected to reach $2.5 billion this year up from $2.3 billion last year, on higher production…