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Stories

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Zimbabwe dollar inches closer to $900 to the US dollar
Posted inStories

Zimbabwe dollar inches closer to $900 to the US dollar

The Zimbabwe dollar today eased by $10.88 to average $892.6349 against the United States, slightly closing the gap with the black market rate which remained stagnant at $1 000 to…
Posted by Charles Rukuni February 28, 2023
Thought fuel was expensive in Zimbabwe? Just take a look
Posted inStories

Thought fuel was expensive in Zimbabwe? Just take a look

Thought fuel in Zimbabwe was expensive? Yes, it is if you compare with Libya where it sells for less than one South African rand a litre. No, if you compare…
Posted by Charles Rukuni February 28, 2023
China’s Sinomine almost doubles Lithium output at Zimbabwe’s Bikita Minerals
Posted inStories

China’s Sinomine almost doubles Lithium output at Zimbabwe’s Bikita Minerals

Bikita Minerals says it has almost doubled its petalite output since Sinomine took over the country’s oldest lithium mine in a US$180 million deal last year. The company has also…
Posted by Charles Rukuni February 27, 2023
Masiyiwa’s ADC to set up new data centre facility in Nairobi as his net worth surges US$700 million in under two months
Posted inStories

Masiyiwa’s ADC to set up new data centre facility in Nairobi as his net worth surges US$700 million in under two months

Africa Data Centers (ADC), a prominent carrier-neutral data centre provider owned by Zimbabwean billionaire Strive Masiyiwa, has initiated construction on its latest facility in Nairobi, signalling its commitment to meeting…
Posted by Charles Rukuni February 27, 2023
Three major reasons why the return of Zimbabweans from South Africa is good for the country – Mnangagwa
Posted inStories

Three major reasons why the return of Zimbabweans from South Africa is good for the country – Mnangagwa

Zimbabwe President Emmerson Mnangagwa today gave three major reasons why the return of over 178 000 Zimbabweans from South Africa will be good for the country. A total of 178…
Posted by Charles Rukuni February 26, 2023
Slap in the face for Chiwenga as CSC-Boustead Beef is shut down six months after he declared it will never collapse again
Posted inStories

Slap in the face for Chiwenga as CSC-Boustead Beef is shut down six months after he declared it will never collapse again

The closure of the CSC-Boustead Beef Bulawayo abattoir last week for failing to pay its electricity bill was a slap in the face for Vice-President Constantino Chiwenga as he vowed…
Posted by Charles Rukuni February 26, 2023
Paddy Zhanda amasses US$2.17-million fortune in less than two months
Posted inStories

Paddy Zhanda amasses US$2.17-million fortune in less than two months

Zimbabwean businessman Paddy Zhanda is off to a flying start this year thanks to a significant increase in the market value of his stake in Masimba Holdings, one of the…
Posted by Charles Rukuni February 25, 2023
Meikles’ John Moxon gains US$6.4 million in under 60 days
Posted inStories

Meikles’ John Moxon gains US$6.4 million in under 60 days

Zimbabwean businessman John Moxon has seen the market value of his stake in Meikles Limited, a Harare-based conglomerate, increase by more than US$6.4 million since the start of the year,…
Posted by Charles Rukuni February 24, 2023
Zimbabweans granted UK worker visas shoot up from 499 to 8 363 in three years
Posted inStories

Zimbabweans granted UK worker visas shoot up from 499 to 8 363 in three years

The number of Zimbabweans granted work visas to work in the UK has gone up by 1 576% since 2019, showing the extent of Zimbabwe’s brain drain crisis.  The number…
Posted by Charles Rukuni February 24, 2023
Zimbabwe announces new compensation deal for white farmers
Posted inStories

Zimbabwe announces new compensation deal for white farmers

Zimbabwe has offered to settle a US$3.5 billion land compensation deal over 10 years, the latest change to an agreement signed in 2020 with former White farmers ejected from properties…
Posted by Charles Rukuni February 24, 2023

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Insider's Q&A
  • Which is the most innovative country in the world? asked by Charles Rukuni
  • Has Mnangagwa unshackled Zimbabwe’s economy? asked by Charles Rukuni
  • Is Mthuli Ncube undermining the Zimbabwe dollar? asked by Charles Rukuni
  • Is it true that the most vocal teachers union in Zimbabwe has only 386 members? asked by Charles Rukuni
  • Is calling for sanctions un-MDC? asked by Charles Rukuni
Recent Posts
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  • Coming soon
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Archives
Most Read This week
  • Zimbabwe publishes list of 3 078 companies allotted forex through auction
  • Consolidated list of 5 316 businesses that received forex from the Zimbabwe auction from June 2020 to August 2021
  • All 4 136 SMEs that received forex from the Zimbabwe auction from August 2020 to September 2021
  • Consolidated list of 4 519 companies that received forex from the auction between June 2020 and July 2021
  • More than 3 000 businesses got forex from auction in March alone
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  • Is it true that 4 million Zimbabweans went without food on several occasions last year?
  • Full list of Zimbabwe SMEs that received foreign currency through the auction- August 2020 to April 2021
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