Business

Air Zimbabwe sets July 24 Zimbabwe return to Gatwick after 14-year absence

By Agencies A direct scheduled service between Gatwick and Harare is being re-established after a gap of 14 years. Air
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Grand Hyatt brand comes to Zimbabwe; takes over closed Kingdom Hotel

By Agencies Hyatt has announced plans to bring the Grand Hyatt brand to Zimbabwe with the signing of Grand Hyatt Victoria
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Econet InfraCo joins Zimbabwe’s dollar-based Victoria Falls Stock Exchange

By Agencies Econet InfraCo, a subsidiary of Zimbabwe’s top mobile communications group Econet Holdings (ZSE: ECO) (Econet), has listed on a local
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Kenya’s flower industry loses millions of dollars weekly due to the Iran war

By Associated Press NAIROBI: Kenya’s flower industry has reported weekly losses of up to $1.4 million since the Iran war
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China-financed airport expansion project boosts Zimbabwe’s passenger flows

By Xinhua HARARE: The passenger throughput of Zimbabwe’s Robert Gabriel Mugabe International Airport has recorded growth, especially following a China-financed
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Caledonia CEO says Bilboes gold mine a ‘game changer’ for Zimbabwe

By Reuters Caledonia Mining CEO Mark Learmonth said on Wednesday that its successful international capital raising for its flagship Bilboes
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Zimbabwe wins new IMF monitoring deal in key step to clear arrears

By Agencies Zimbabwe, after years of talks with the International Monetary Fund, has secured a 10-month staff-monitored program, a crucial
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Zimbabwe High Court rules Zimplats not liable for US$7m royalty

By Bloomberg News Zimbabwe’s High court said Impala Platinum Holdings Ltd.’s local unit is not liable to pay mining royalties
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CHEGUTU: US$120m cement plant to start production in six months, set to reduce Zimbabwe’s imports

By Business Reporter CEMENT manufacturing company, Shuntai Pvt Ltd, says it is targeting commissioning and start-up within the next six
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Invictus Energy’s $500m Zimbabwe deal with Qatari investor collapses

By Agencies Australia-listed Invictus Energy has pulled out of a proposed deal with Qatar’s Al-Mansour Holdings – which included a
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