Business
The real test is not whether you avoid this failure, because you won’t. It’s whether you let it harden or shame you into inaction, or whether you learn from it; whether you choose to persevere.
Grid Africa and Huawei sign MoU to provide 72MW of solar for Zimbabwe’s mines
October 25, 2024
Grid Africa and Huawei sign MoU to provide 72MW of solar for Zimbabwe’s mines
Renewable energy provider Grid Africa has signed an agreement with Huawei towards installing 72MW of solar energy for Zimbabwean mining…
Nampak to exit Zim, sells interest in Zimbabwe unit for $25m
October 25, 2024
Nampak to exit Zim, sells interest in Zimbabwe unit for $25m
Nampak will sell its 51.43% holding in Nampak Zimbabwe to Zimbabwe Stock Exchange-listed TSL for $25m (about R438m), the packaging…
Zimbabwe’s gold-backed currency loses half its value: Why and what’s next?
October 25, 2024
Zimbabwe’s gold-backed currency loses half its value: Why and what’s next?
Less than six months after Zimbabwe launched yet another new currency, it was forced to devalue it, signalling new challenges…
Zimbabwe tops Hanke’s list of countries hardest hit by inflation
October 20, 2024
Zimbabwe tops Hanke’s list of countries hardest hit by inflation
United States-based economist and currency expert Steve Hanke has ranked Zimbabwe as the worst among the top ten countries hardest…
Zimbabwe plans to switch to gas for tobacco curing
September 24, 2024
Zimbabwe plans to switch to gas for tobacco curing
Zimbabwe is seeking to move away from using firewood and switch to gas to cure tobacco in a bid to…
Old Mutual launches new US$100M fund to back Zimbabwe green energy projects
September 24, 2024
Old Mutual launches new US$100M fund to back Zimbabwe green energy projects
Old Mutual Zimbabwe has launched a US$100 million private equity fund targeting renewable energy investments. The Old Mutual Renewable Energy…
China’s Xi promises $50 billion for Africa, wants to create 1 million jobs
September 6, 2024
China’s Xi promises $50 billion for Africa, wants to create 1 million jobs
Chinese leader Xi Jinping on Thursday pledged over $50 billion in financing for Africa over the next three years, promising…
FACT BOX | By the numbers: Taking stock of Zimbabwe’s Chinese loans, trade and investment
September 6, 2024
FACT BOX | By the numbers: Taking stock of Zimbabwe’s Chinese loans, trade and investment
President Emmerson Mnangagwa is in China for the Forum on China Africa Cooperation. Earlier, he traveled to the commercial hub…
African Sun sells two struggling hotels, uses money to fund upgrades
September 6, 2024
African Sun sells two struggling hotels, uses money to fund upgrades
African Sun has sold two of its underperforming hotels, raising almost US$7 million that will be used to refurbish its…
Zimbabwe expects power demand to reach 5000MW by 2030, pushes for more energy projects
August 30, 2024
Zimbabwe expects power demand to reach 5000MW by 2030, pushes for more energy projects
Zimbabwe expects power demand to almost triple to 5,000MW by 2030, according to Energy Minister Edgar Moyo, showing the need…