Zimbabwe has secured an independent Australian partner to build a $300 million platinum refinery, under a joint venture arrangement with State-owned Zimbabwe Mining Development Corporation (ZMDC) and a local player.
Air Zimbabwe and four other airlines have been blacklisted by the European Union after failing to address safety concerns raised during the European Aviation Safety Agency (EASA) operator audits.
International fast food outlet Kentucky Fried Chicken (KFC) is planning to open a restaurant in Bulawayo reportedly at Zonki'zizwe Shopping Complex.
Blanket Mine in Matabeleland South has suspended operations at its Eroica ore body section following a fatal accident that claimed one of its workers on Friday.
Standard Bank Group says it has finalised a $120 million debt package with the Zimbabwe Power Company (ZPC) for the rehabilitation of existing power generation infrastructure at Kariba South Hydro and Hwange Thermal Power Stations.
Listed clothing giant Edgars Stores Limited seeks to award $25.4 million to its Employee Community Share Ownership Trust, which will result in the company fully complying with the 51 percent indigenisation regulations. Under the…
Zimbabwe's annual inflation rate accelerated to 0,48 percent in April this year from 0,21 percent in March, the national statistics agency said yesterday.
Government has scrapped duty on the importation of locomotive spares in a bid to revive the cash-strapped National Railways of Zimbabwe (NRZ).
The Zimbabwe Council for Tourism (ZCT) said prevailing cash shortages, taxes and numerous police roadblocks continue to distress the tourism sector.
An Indian investor is set to inject $100 million into ferrochrome producer, ZimAlloys under an equity structure secured by judicial manager Grant Thornton and Camelsa.