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.
Econet to switch off 3G by end 2027
Econet Wireless Zimbabwe plans to discontinue its 3G network by the end of 2027, as the telecommunications operator shifts more capacity towards 4G and 5G services.
Zimbabwe pension funds’ assets soar to US$3.47bn
Zimbabwe’s pensions industry asset base rose two percent to US$3.47 billion in the six months to June 2026, with gains in financial assets offsetting a decline in property holdings, according to the Insurance and Pensions Commission (IPEC).
Zimbabwe H1 fuel consumption rises 14.5% on strong diesel demand
Zimbabwe’s fuel consumption rose by 14.5 percent in the first half of 2026, driven mostly by higher diesel demand.
Zimbabwe trade balloons to US$320.6m
Zimbabwe’s merchandise trade surplus grew sharply in July as stronger exports coincided with a decline in imports, giving the country a US$320.6 million positive trade balance for the month.
Insurance veteran Nduna appointed ZESA board chair
Veteran insurance executive Albert Nduna has been appointed board chairman of ZESA (Private) Limited, following a restructuring of the national power utility.
World Bank warns Zimbabwe against rush to make ZiG sole currency
The World Bank cautioned Zimbabwe against rushing to end the use of dollars in the economy as it could trigger capital flight.
Decisive, coordinated policy can unlock 230,000 new jobs for Zimbabwe: World Bank
Zimbabwe can create 230 000 new jobs in the next 14 years by making “decisive and coordinated” policies, and leveraging the prevailing macroeconomic stability to accelerate growth, the World Bank Group said.
Ariston tea production slump drags revenue down 13%
Ariston Holdings’ revenue fell 13 percent to US$3.24 million for the nine months ending June 2026, driven down by a sharp decline in tea production that eclipsed gains in its banana and macadamia operations.
TN CyberTech H1 profits surge 38%
TN CyberTech Investments Holdings recorded a 38 percent surge in profit after tax to ZiG151 million for the half-year to 30 June 2026, with the group’s CEO Tawanda Nyambirai saying they want to use “technology and partnerships to change the economics of how financial services are distributed”.