Business

HARARE - Delta Corporation, Zimbabwe’s largest beverage producer, recently said it paid US$315,2 million in taxes to the national fiscus in the year to December 31, 2025, but remains locked in a multi‑million‑dollar dispute with the…
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HARARE - The collapse of a proposed investment deal between Australian gas explorer Invictus Energy and Qatari-linked Al Mansour Holdings has exposed serious gaps in how multi-billion-dollar investment pledges to African governments are…
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GWANDA - The High Court of Zimbabwe has issued a spoliation order against six individuals, including Zanu-PF Youth Leader for Matabeleland South, Moses Langa, for the unlawful occupation of Duration Gold Ltd’s Mining Lease 16, which…
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HARARE - When Ken Sharpe, Westprop Holdings chief executive envisioned Millennium Heights as a lifestyle residential enclave where innovation, community, and opportunity converge he never imagined the estate would organically develop into…
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LONDON - Libyan Foreign Bank (LFB) a unit of the Central Bank of Libya is suing Zimbabwe's Ministry of Finance in the UK to recover US$100m that arose from a US$90m credit facility used by the National Oil Company of Zimbabwe (NOCZIM) in…
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HARARE - Air Zimbabwe is set to resume direct flights between Harare and London by June 2026, following a restructuring programme led by the Mutapa Investment Fund, which includes leasing a long-haul aircraft to service the route.
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HARARE - Invictus Energy has terminated negotiations with Qatari-linked investor Al Mansour Holdings (AMH), accusing the group of seeking terms and conditions that were unacceptable and inconsistent with regulatory requirements, despite…
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GWANDA - The High Court of Zimbabwe has been urgently approached to intervene in a dispute involving the alleged unlawful seizure of Vubachikwe Mine, amid claims that a group of Zanu-PF thugs forcibly imposed themselves on the mining…
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HARARE - Five Pomona City apartment blocks will be ready for handover to clients by the end of June this year, Westprop Holdings chief executive Mr Ken Sharpe has disclosed.
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SOUTH AFRICA - Mutumwa Mawere, the founder of the SMM Holdings conglomerate and once one of Zimbabwe’s most powerful business figures, has died in South Africa after battling an acute neurological condition.
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