IMF approves Zim Staff-Monitored Program
“Sustained policy efforts will help entrench macroeconomic stability, deepen confidence in the ZiG, enhance foreign exchange market functioning, rebuild reserve buffers, and reinforce the foundations for durable and inclusive growth,” the IMF said.
Kavango secures Nara Gold Project
Victoria Falls Stock Exchange-listed Kavango Resources Plc has taken a significant step toward consolidating its Zimbabwe gold ambitions after signing a Deed of Variation to advance the acquisition of the Nara Gold Project, as part of a broader US$13,5 million expansion drive.
Unifreight acquires FedEx agent Cheetah in $2m deal
Logistics group Unifreight Africa Limited has acquired an 86.67 percent stake in Cheetah Express Logistics – the sole authorized licensee for FedEx Express in Zimbabwe – for US$2.08 million.
US$12 million lifeline for Tongaat Hulett
On 16 April 2026 Tongaat’s Post-Commencement Funding facility was extended to 30 June 2026 and increased from R2.3 billion to R2.5 billion – R200 million (US$12.16 million).
Mukuru bounces back as lead sponsor for St John’s Derby
This marks the second year of the partnership between Mukuru and St John’s College (St John’s), with the 2026 edition coinciding with St John’s College’s 40th anniversary.
MIF posts gains without cash
Beneath the impressive balance sheet lies a more complicated story, one of a sovereign vehicle still wrestling with legacy dysfunction even as it records transformative valuation gains.
World Bank trims Zim growth outlook amid global headwinds
The adjustment reflects mounting geopolitical pressures, particularly tensions in the Middle East, alongside persistent structural challenges and rising debt-servicing obligations that continue to weigh on the country’s economic trajectory.
Air Zim seeking regional, international alliances: MIF
Air Zimbabwe restructuring efforts commenced, including the pursuit of strategic alliances with regional and international partners to enhance technical capabilities, expand network reach, and improve commercial sustainability
South Africa Home Affairs backtracks on potential status change for ZEP holders
SA Home Affairs stated on Wednesday that consultations on the ending of the permits were still underway.
Tharisa’s Karo project on course, fiscal terms with Zim govt near conclusion
“Good progress has been made in terms of the Karo funding…(which) is subject to final agreement with the government of Zimbabwe on the fiscal stability agreements which are nearing conclusion.”