IDBZ battles high interest rates, tight liquidity
The Infrastructure Development Bank of Zimbabwe (IDBZ) says high borrowing costs coupled with persistent liquidity shortages continue to hamper the institution’s ability to secure projects funding, resulting in missed targets.
Invictus showcases Zim oil breakthrough on global centre stage
Invictus Energy Limited (Invictus) will showcase Zimbabwe’s oil project breakthrough on a global centre stage at the Africa Energies Summit in London this week.
Zimplow chief executive resigns
Swan’s resignation is with effect from 1 May 2026 and he has been succeeded by the group’s commercial director Charles Chaibva – a chartered accountant – in acting capacity.
Is this a new era for platinum? Its miners think so
The expectation is that the metal’s price will stay elevated for longer, but that would be unusual for a market historically made up of “short summers and long winters”.
Iran responds to US peace proposal as tensions escalate in the region
Washington is reviewing Tehran’s response to its latest proposal for ending the war.
Day 71 of Middle East conflict — US awaits response from Iran on proposal to end war
Iran has warned it would launch a “heavy assault” on US assets in the Middle East if its ships face further attacks, as the US awaits response from the country on proposal to end war.
Zesa boss urges tariff stability, says rebundling complete by end 2026
ZESA Holdings acting group chief executive, Cletus Nyachowe, has urged authorities to maintain the country’s current electricity tariff structure to uphold investor confidence and attract new capital into energy infrastructure.
ZSE Holdings posts strong Q1 2026 performance, revenue up 21pct
ZSE Holdings Limited has reported a solid performance for the quarter ended 31 March 2026, with revenue surging 21 percent to US$2.205 million, buoyed by increased activity on the equities markets.
US hopes for ‘serious offer’ from Iran today
The US expects a response today from Iran on a proposal to end the war, Secretary of State Marco Rubio said, adding he hopes “it’s a serious offer.”
South African-born Elon Musk nears trillionaire status amid AI, space, and energy boom
Elon Musk’s march toward becoming the world’s first trillionaire is no longer a distant fantasy in global finance circles, with Forbes estimating his fortune at about $839 billion.