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.
Simbisa Brands reports growth despite challenging market conditions
Nyashadzashe NdoroSimbisa Brands, the operator of fast-food chains across Africa, reported a 7% increase in revenue for the first half of the 2024 financial year, despite facing a number of challenges...
Uneca calls for boosting intra-Africa trade to spur integrated development
The African share of global trade remained at less than 3 percent as African countries continue to trade with the rest of the world more than among themselves, said a new UN Economic Commission for Af...
Revenue authorities take centre stage at Uneca conference: Financing Africa’s green future through domestic resources
Zim Now WriterThe United Nations Economic Commission for Africa conference in Victoria Falls shifted its focus on the fifth day, highlighting the crucial role of revenue authorities in financing a sus...
Tests confirm oil and gas discovery in Muzarabani
Mines and Mining Development Minister, Sosa ZhemuNyashadzashe NdoroZimbabwe has discovered not only natural gas but also light oil condensate, helium, and hydrogen in its ongoing exploration project a...
Zim exports over US$540m worth of goods
Zim Now WriterZimbabwe exported goods worth over US$540 million in January this year, driven by mining and agro-based commodities. Information contained in a latest External Trade Statistics January 2...
Invictus board meets with government on production sharing agreement
 Audrey GalawuThe Invictus Board recently meat with the Minister of Energy to discuss developments at Mukuyu.“The $IVZ Board recently met with Zimbabwe’s Minister of Energy, Hon. Edgar Moyo, to discus...
Galileo reaches 80% shareholding in BC Ventures
 Mining Weekly- London-listed Galileo Resources has met all conditions required to acquire an additional 51% shareholding in BC Ventures, which, coupled with its existing 29% shareholding, now adds up...
Low demand for products cramp Ariston operations
Audrey GalawuAriston Group posted a 15% revenue increase to ZWL$35.479 billion for the year ended September 30, 2023 when compared to prior year.This was despite the decline in the selling price of ma...
Zimra sets levy and withholding tax payment deadlines
Zim Now WriterThe Zimbabwe Revenue Authority says levies and withholding taxes must be paid by the 10th of the month following the date of sale.In a statement issued this Tuesday, the tax collection a...
Fastjet introduces daily flights to Kruger
Zim Now WriterZimbabwean airline, Fastjet, will increase scheduled flights from the Victoria Falls to the Kruger from July.With daily flights to Kruger Mpumalanga International Airport starting in Jul...