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.
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…
After 80 years, Unilever will exit Zimbabwe and use local distributors
August 30, 2024
After 80 years, Unilever will exit Zimbabwe and use local distributors
In 2018, Unilever opened a new Royco plant in Harare and its Africa VP Bruno Witvoet said “we have been…
Zambia wants Govt stakes in mineral projects, miners say this violates property rights
August 30, 2024
Zambia wants Govt stakes in mineral projects, miners say this violates property rights
Zambia’s proposed minerals regulation law could deter investment and deliver a “fatal blow” to its goal of raising annual copper…
Shops Continue To Reject ZiG As Street Rates Soar
July 31, 2024
Shops Continue To Reject ZiG As Street Rates Soar
The surge in black-market exchange rates, which peaked at around US$1:ZiG25 last week, has forced some businesses in Bulawayo to…