Financially troubled Truworths Zimbabwe files for corporate rescue

By Business Report Financially troubled clothing and apparel retailer Truworths Zimbabwe has filed for corporate rescue while trade in its
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Zimbabwe threatens stiffer penalties for businesses manipulating new ZiG currency

By Business Report Zimbabwean businesses adjudged to be manipulating the new ZiG currency face new stiffer penalties while they are
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Ethiopian Airlines signs deal for design of ‘biggest airport in Africa’

By Reuters ADDIS ABABA: Ethiopia has signed an agreement for the design of a new four-runway airport that will be
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AfDB puts Zimbabwe reform-funding gap at $3.7 billion annually

By Bloomberg HARARE: Zimbabwe needs to come up with $3.7 billion annually through the end of the decade if it
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Zimbabwean official hails Chinese steel firm for championing SADC industrialization agenda

By Xinhua HARARE: A senior Zimbabwean government official on Friday commended Chinese firm Dinson Iron and Steel Company (DISCO) for
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Canada-based Pambili produces first gold from Zimbabwe mine

By Agencies CANADA based Pambili Natural Resources has produced its first gold from the Golden Valley mine in Zimbabwe’s Matabeleland
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China plays key role in Zimbabwe’s path to industrialization: official

By Xinhua HARARE: China is a key player in Zimbabwe’s quest to transition from primary industries to manufacturing value chains,
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Invictus Energy secures $15.2m backing for development of Cabora Bassa project in Zimbabwe

By Agencies Invictus Energy has found major backing for its plans to develop the Cabora Bassa project in Zimbabwe –
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Zimbabwe budget deficit seen at 1.3% of GDP, but drought concerns linger

By Nyasha Chingono for Reuters HARARE: Zimbabwe’s 2024 budget deficit is forecast to be 1.3% of gross domestic product, Finance
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BUDGET REVIEW: Treasury announces measures to force demand for ZiG currency

By Bloomberg News HARARE: Zimbabwean Finance Minister Mthuli Ncube announced new measures to help spur demand for the nation’s bullion-backed
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