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IMF approves 10-month programme for Zimbabwe to stabilise economy and support reforms

The International Monetary Fund (IMF) has approved a 10-month Staff-Monitored Program (SMP) for Zimbabwe aimed at consolidating recent economic stabilisation gains and strengthening macroeconomic management.

The Hills Golf Estate introduces unlimited “bottomless practice” driving range for $20

Management at The Hills Luxury Golf Estate has unveiled a groundbreaking “bottomless practice” system at its newly established golf range.

Zimbabwe nears signing of oil and gas agreement with Invictus for Cabora Bassa project

Zimbabwe is set to formalise its emerging oil and gas sector with the imminent signing of a Petroleum Production Sharing Agreement (PPSA), as Invictus Energy Ltd says the agreement is in its final stages and expected to be concluded this month.

Police allegedly used as “bargaining chip” in Harare bar ownership dispute

The Independent Complaints Commission (ICC) has been drawn into a heated ownership dispute over the Cosmopolitan Restaurant and Bar, amid allegations that the Zimbabwe Republic Police (ZRP) are being used as a 'negotiation tool' in a bitter 50:50 shareholder battle between the business partners.

Diaspora Insurance names Queen Sheebah as Global Brand Ambassador

UK-based firm Diaspora Insurance has appointed Ugandan musician and actress Sheebah Karungi, popularly known as Queen Sheebah, as its new brand ambassador in a move aimed at strengthening ties with African diaspora communities around the world.

US$1.2 million tax arrears see Zimbabwe firm lose US$147k SUV in legal battle

The High Court of Zimbabwe has dismissed an application by African Century Limited, a registered Deposit Taking Microfinance Bank, seeking the release of a high-end Toyota Land Cruiser VXR valued at over US$147,000 seized by the Zimbabwe Revenue Authority.

Zimbabwean mining firm in trouble as court imposes US$100, 000 sanction

The High Court of Zimbabwe has slapped Joh and Lewis Investment (Pvt) Ltd, a mining company with a US$100,000 fine and sentenced its officials, Johanne Charasa, Knowledge Mazivanhanga and Peter Murengu to suspended jail terms for continuing mining operations in defiance of a court order.

WestProp unveils its visionary Chivhu Eco City project targeting 20 000 properties

WestProp Holdings has unveiled its visionary Chivhu Eco City project, a 5,000-hectare development poised to deliver 20,000 properties and help redefine the balance between rural charm and urban living.

Stanbic Bank Zimbabwe posts ZWG1.7 billion full-year profit, up 48%

Stanbic Bank Zimbabwe Limited recorded a good financial performance for the year ended 31 December 2025, achieving a profit after tax of ZWG1.7 billion, driven by robust loan book growth and strong economic fundamentals.

World’s largest asset manager BlackRock adjusts stake in Zimbabwe’s Caledonia

BlackRock, the world’s largest asset manager with market capitalisation of over US$169 Billion, has reported a change in its shareholding in Caledonia Mining Corporation Plc, a Zimbabwe-listed gold producer that is also listed on the New York Stock Exchange, crossing a regulatory threshold that requires disclosure.

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