Business

NetOne has announced the appointment of Richard Mahomva as its new Head of Public Relations, effective 1 January 2026. The appointment marks a strategic move by the state-owned mobile network operator to bolster its corporate communications and stakeholder engagement amid a rapidly evolving telecommunications landscape. Mahomva brings a wealth of …

Zimbabwe will hike royalties on gold producers as it moves to take advantage of recent record high bullion prices, a 2026 national budget speech showed on Thursday. As part of a raft of revenue measures aimed at boosting state income and supporting local industry, gold miners will pay a 10% …

The government has stepped in to stabilise the cement market, granting private players permission to import the product as local shortages continue to push prices beyond the reach of many Zimbabweans. Over the past weeks, the price of a 50kg bag of cement has shot up from about US$10 to …

OK Zimbabwe Limited has closed 11 stores in a sweeping consolidation effort aimed at stemming mounting losses and alleviating liquidity pressures. The move, which includes the closure of three Food Lover’s Market outlets, reduces the group’s national footprint to 62 stores. However, analysts warn that deeper cuts may be necessary …

The Zimbabwe Gold Investment Conference 2025 is scheduled to convene in Harare November 17 to November 18th bringing together global finance leaders, institutional investors and senior government officials to unlock the nation’s vast underexplored gold potential. Organised at a crucial time for the country’s mining economy, the conference aims to …

A decade after his first failed attempt to crack the Zimbabwean market, Africa’s richest man Aliko Dangote has returned — and this time, he appears to have brought more than capital. His whirlwind regional tour, which included meetings with Zambian President Hakainde Hichilema and a billion-dollar signing ceremony with Zimbabwean …

Africa’s richest man, Aliko Dangote, has sealed a landmark multi-sector investment deal worth more than US$1 billion with the Zimbabwean government — a move that signals renewed investor confidence in the country’s economic reforms. Dangote, who boasts an estimated net worth of US$25 billion, arrived in Harare yesterday morning to …

NetOne launched its 11th telemedicine booth in Bulilima, a move that underscores the company’s commitment to bridging the healthcare gap in rural areas through digital innovation. The booth was unveiled on October 26, 2025, in a ceremony attended by over 1,000 community members and high-profile government officials, including Deputy Minister …

The Zimbabwean government has unveiled a sweeping review of business licences and regulatory fees aimed at reducing the cost of doing business and attracting more investment into the country. At a media briefing in Harare, Information, Publicity and Broadcasting Services Minister Jenfan Muswere said cabinet approved the overhaul of licences, …

Zimbabwe’s economic growth is expected to rebound to a 6 percent rate this year, the International Monetary Fund said, citing improving agricultural production, record-high gold prices and robust remittances from its citizens who live abroad. Economic growth in Zimbabwe, which is engaging with creditors to clear arrears and restructure its …