Zimbabwe secures funding for multi-million dollar border upgrade with Zambia
Zimbabwe has secured a funding deal for the upgrade and mordenisation of the Chirundu Border Post with Zambia.
Insurance market maintains US dollar preference: First Mutual
First Mutual Holdings says customers continue favouring United States dollar-denominated insurance products to secure higher payouts at claim stage, prompting the financial services group to maintain a dual-currency approach across its businesses.
RTG boosts push for hotel food, energy self-sufficiency
Rainbow Tourism Group (RTG) is stepping up efforts to increase food and energy self-sufficiency, as part of a drive to cut costs and strengthen the resilience of its hotel operations.
IMF reaches staff-level agreement with Zimbabwe on second review of economic reforms
The International Monetary Fund (IMF) has reached a staff-level agreement with Zimbabwe on the second review of the southern African nation’s 10-month Staff-Monitored Program (SMP).
Zimbabwe fuel prices rise above US$2
Zimbabwe’s energy regulator has increased fuel prices to US$2.08 for diesel (50) and US$2.06 for petrol (E20) per litre, as crude oil costs surge driven by the escalating conflict in the Middle East and major shipping disruptions.
Revitus CBD property conversion to hotel gathers pace, architectural plans approved
Revitus Real Estate Investment Trust (REIT) is pushing ahead with plans to convert its Chester House office building in the Harare CBD into a three-star hotel, with the property investor finalizing tender preparations after securing architectural plan approval from city authorities.
Caledonia closes in on $600m funding for Bilboes gold project in Zimbabwe
Caledonia Mining said it was close to securing further funding for its Bilboes gold project in Zimbabwe, with a $150 million interim bank facility due to close as early as October.
TSL posts US$43m nine-month revenue, projects mixed outlook due to El Niño
TSL Limited recorded an eight percent increase in revenue to US$42.9 million for the nine months to July 2026, driven by stronger performance across its agricultural and tobacco businesses, but projected an uncertain outlook due to a forecast Super El Niño.
Hippo Valley ups capex 45% to US$7m to boost efficiency
The cane producer – 50.53 percent owned by Tongaat Hulett Limited – increased capital expenditure by 45.83 percent to US$7 million in the year ended 31 March 2026, from US$4.8 million a year earlier, with a significant portion directed towards cane replanting and equipment.
Premier, Canmax deal deadline extension buys time for Zimbabwe project
London-listed Premier African Minerals has extended its offtake and prepayment deadline with Canmax Technologies to 31 December 2026, buying crucial time for the Zulu lithium and tantalum project in Zimbabwe.