UN steps in to help Zimbabwe, five other countries get more value from critical minerals
The United Nations has selected six countries, including Zimbabwe, for a new programme to help them extract more value from their critical minerals that are becoming increasingly important to the global energy transition.
ZESA hunts for top executives after shakeup
Zimbabwe’s state power utility, ZESA, is recruiting top management—including a chief finance officer—following the group’s restructure into a consolidated integrated company.
TikTok founder now the richest person in all of Asia
Zhang Yiming, the founder of TikTok parent company ByteDance, has just overtaken Indian tycoon Gautam Adani as the richest person in Asia, according to Bloomberg, who currently boasts a net worth of $104.8 billion.
Liquidity pressures put claims payments under scrutiny
Liquidity pressures are emerging as a key concern for Zimbabwe’s short-term insurance sector as 10 of the 21 direct insurers reported negative working capital in the first half of 2026, with delayed claims accounting for the bulk of complaints received by the insurance regulator.
ZB Bank appoints new CEO
ZB Financial Holdings has appointed Arthur Mutsaudza as chief executive of ZB Bank with effect from 1 October 2026.
Proplastics H1 revenue up 22% to $11.7 million on higher sales
Proplastics reported a 22 percent increase in revenue to US$11.7 million for the half-year to June 2026, driven by a 23 percent rise in sales volumes and tighter cost discipline.
Africa’s largest gold producer forces exporters to refine their gold locally or face sanctions
Ghana has begun enforcing a requirement for some gold exporters to refine their gold locally before shipping it abroad, as Africa’s leading producer seeks to retain more value from an industry that generated about $20 billion in export earnings last year.
El Nino weather phenomenon will be ‘exceptional’ and last until February, say forecasters
Forecasters have warned it is almost certain that this year’s El Nino will intensify into a very strong event in the coming months and last until February next year.
FBC banks on tech as growth driver
FBC Holdings has placed technology, cybersecurity, and artificial intelligence at the center of its next growth phase, unveiling a digital transformation agenda to meet evolving customer demands and manage complex risks.
Starafrica Q1 revenue jumps 31% as price cuts unlock sugar demand
Starafrica Corporation Limited recorded a 31 percent increase in revenue for the first quarter ended June 2026, as the group’s sugar processing units posted higher sales volumes on the back of lower price adjustments.