Business
Fuel consumption hits 1,2bn litres after bounce back
Zimbabwe now has the highest fuel prices in the Southern African Development Community compared to regional peers, which are charging significantly lower prices.
Splash Paints loses millions after Harare factory is gutted by fire
A large fire at Splash Paints and Plastics in Harare’s Workington industrial area caused extensive damage, collapsing the roof and gutting an entire structure with millions of dollars worth of property lost.
Rimbi Travel and Tours on the brink of collapse
The bus company owns trucks, trailers, cars and employs dozens of individuals. It is currently shipping 10 buses from China to Harare, while a fleet of 16 is operating in the country.
Billionaire Daniel Och flips New York Apartment for $190M
The building boasts interiors by Thierry Despont. Amenities include private dining rooms, a gym, juice bar, library, basketball court — and top notch security.
As U.S sanctions loomed, Tagwirei ‘mopped up’ scarce dollars and acquired lucrative platinum mine
As Zimbabweans faced the economic consequences of a crashing currency, well-connected businessman Kudakwashe Tagwirei skirted the rules to convert government-backed securities into scarce U.S. dollars —which he used to acquire shares in a lucrative platinum mine.
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