Harare– In a high-stakes journey for Zimbabwe’s economy, the Mutapa Investment Fund (MIF), the nation’s sovereign wealth fund, has concluded its foundational year with a declared surplus and a bold blueprint to resuscitate a sprawling portfolio of state-owned enterprises. Built on the vesting of 30 legacy companies, the Fund is…
Tinotenda Hove - Despite confident claims from Government and economists, scepticism continues to trail the Zimbabwe Gold (ZiG) currency, with critics warning that official optimism is masking deep-seated structural weaknesses and a long history of failed currency experiments. Authorities insist the ZiG will remain stable this year, pointing to record…
Harare – One of Zimbabwe's leading media group Alpha Media Holdings (AMH) has invited its employees to consider voluntary separation packages, citing a mutual opportunity for staff to pursue “other career opportunities elsewhere.” The offer was communicated to marketing employees in an internal email from Punish Murumbi, the company’s Communications…
Tinotenda Hove - The proposed voluntary delisting of Econet Wireless Zimbabwe from the Zimbabwe Stock Exchange (ZSE) could mark a turning point for the local bourse, with analysts warning of deep repercussions for market depth, liquidity and investor confidence. In a cautionary statement issued on Tuesday, Econet announced plans to…
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Tinotenda Hove - The ZANU PF government has been forced into a humiliating climbdown after intense public anger erupted over a proposed cash withdrawal levy that many viewed as an outright attack on already struggling citizens. Following widespread backlash, the Finance Ministry dropped the controversial proposal contained in the 2026…
Harare- The governments of Zimbabwe and China formalized a significant agricultural infrastructure agreement on Thursday, with Beijing funding the upgrade and maintenance of nine irrigation schemes across the country in a move aimed at bolstering food security and climate resilience. Prof Mthuli Ncube and Ambassador Zhou Ding The signing ceremony…
Harare- President Emmerson Mnangagwa has framed a major waste management project as a critical driver for employment creation, renewable energy generation, and sustainable urban development. Speaking at the commissioning of new refuse collection equipment for Geo-Pomona Waste Management in Harare, the President said such initiatives are essential to mitigate the…
Harare– Newly appointed Minister of Mines, Polite Kambamura, has announced a radical five-pillar restructuring plan for the ministry, mandated by President Emmerson Mnangagwa to overhaul the sector, boost state revenue, and ensure communities permanently benefit from mineral wealth. President Emmerson Mnangagwa and Mines Minister Polite Kambamura Speaking to journalists soon…
Harare, Zimbabwe – The Reserve Bank of Zimbabwe (RBZ) has revoked the operating license of Lion Microfinance Limited, trading as Lion Finance Zimbabwe, effectively immediately shutting it down as a deposit-taking institution. In a public notice issued Wednesday, the central bank declared the cancellation of the company's registration as a…
