Business & Investment
Economic news, markets, and investment updates.
Explore Business Profiles →Get the Zim Now Daily Brief
Business news, investment opportunities, market updates, and company insights.
You will complete your subscription on Substack.
Gold Deliveries Soften in May, But Annual Growth Shines Thanks to Small-Scale Miners
ZimNow ReporterZimbabwe’s gold deliveries to Fidelity Gold Refinery dipped by 9.48% in May 2025 to 3,488.06 kilograms, falling from 3,853.58 kg in April, according to newly released data.Despite the m...
Zimbabwe Nears Record 300 Million Kg Tobacco Mark
ZimNow ReporterZimbabwe is on the brink of a historic achievement in its tobacco industry, with sales reaching an impressive 253,122,136 kilograms by the 60th day of the 2025 marketing season.This fig...
Caledonia to Self Fund Energy Infrastructure for the Bilboes Gold Project
Oscar J Jeke - Zim Now ReporterCaledonia Mining Corporation Plc is confronting a significant power infrastructure hurdle as it moves to develop its newly acquired Bilboes Gold Project, a venture poise...
Delta Appoints Kanhukamwe As Board Director
Quinton KanhukamweBy Rutendo Mazhindu - ZimNow ReporterDelta Corporation Limited  announced the appointment of Professor Engineer Quinton Kanhukamwe as a non-executive director, effective 1 July 2025....
PPC Appoints Rawana as MD of Zimbabwe Operations
Witness Runodada Zim Now reporterPPC, Zimbabwe’s largest cement manufacturer,  appointed Ndima Rawana as the new Managing Director for its Zimbabwe operations.Rawana takes over from Albert Sigei, who...
Food Lovers Borrowdale, Avondale Stores Closing
Rutendo Mazhindu - ZimNow ReporterTwo flagship branches of Food Lovers Market in Borrowdale and Avondale are set to shut their doors this month, the company announced  today, ending years of service t...
‘ZiG Inflation Surge Temporary’ Says Reserve Bank
Oscar J Jeke - Zim Now ReporterThe Reserve Bank of Zimbabwe (RBZ) has sought to reassure the public and markets over a sharp rise in annual inflation under the Zimbabwe Gold (ZiG) currency, saying the...
Axia Sees Zimbabwe Growth on Store Expansion
Rutendo Mazhindu - ZimNow ReporterAxia Corporation Limited registered growth in its Zimbabwe operations during the third quarter ended 31 March 2025, driven by increased volumes and an expansion strat...
RioZim Gold Output Down 54 Percent in 2024
Rutendo Mazhindu - ZimNow ReporterMining group RioZim Limited  has reported a 54% drop in gold production for the year ended 31 December 2024, producing 428kg, down from 940kg the previous year, due t...
TIMB Launches National Fire Prevention Campaign
Rutendo Mazhindu - ZimNow ReporterThe Tobacco Industry and Marketing Board (TIMB) has intensified fire management efforts aimed at protecting the country’s growing tobacco woodlots as part of its broa...