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Murowa Diamonds placed under corporate rescue as RioZim financial crisis deepens

Zimbabwe's Murowa Diamond Mine has entered corporate rescue, freezing legal action by creditors as authorities race to stabilise one of the country's key diamond producers.

Mutapa Gold Resources invests US$212m to supercharge Zimbabwe’s gold output

Mutapa Gold Resources is investing US$212 million to dramatically increase gold production as Zimbabwe ramps up bullion output to strengthen the ZiG currency.

The Master Builder and the Maestro: Mandla Ndebele’s symphonic execution of the WestProp Vision

While Ken Sharpe provides the vision, Mandla Ndebele is ensuring WestProp delivers. As Chief Projects Officer, he is overseeing the execution of multi-billion-dollar developments shaping the future of Zimbabwe's cities.

Creditors called to first meeting as ZB Building Society liquidation process begins

The Deposit Protection Corporation has announced the first creditors' meeting for ZB Building Society following its placement under liquidation, with claims due by July 27.

Air Zimbabwe to resume direct London flights after 15-year absence

Air Zimbabwe will resume direct flights between Harare and London by the end of July, restoring a route that has been suspended since 2011.

Turnall loses High Court bid over US$260,000 tax dispute with former finance director

The High Court has dismissed Turnall Holdings' attempt to have a US$260,000 settlement paid to its former finance director declared subject to PAYE deductions, ruling that the matter was already conclusively settled by the Supreme Court.

Zimbabwe’s First Capital Bank parent secures approval to establish new bank in Mauritius

First Capital Bank's parent company, FMBcapital Holdings Plc, has secured in-principle approval from the Bank of Mauritius to establish a new commercial bank through a joint venture, marking another milestone in its regional expansion strategy.

WestProp posts US$34.6 million revenue as profits climb and clean audit boosts investor confidence

WestProp Holdings has reported a strong set of financial results for 2025, with revenue rising 19 percent to US$34.6 million, a clean audit opinion and higher profits as the company continues pursuing its ambitious "Bringing Dubai to Zimbabwe" vision.

Kenya denies reports linking Wicknell Chivayo to US$2.8 billion airport contract

The Kenyan government has firmly rejected reports that Wicknell Chivayo's company secured a US$2.8 billion contract, insisting the firm neither bid for nor has any involvement in the project.

Zimbabwe legalises crypto sector with new regulations, but adoption questions remain

Zimbabwe has introduced its first cryptocurrency regulatory framework, bringing digital assets into the formal financial system while raising questions about how stricter oversight will affect adoption.

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