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.
Zimbabwe's Diamond Industry Shines Bright with Massively Increased Dubai Sales
 Zimbabwe has this year sold 4 million carats of diamonds to Dubai, up from 850 000 carats sold in the emirate last year.The shift to Dubai is targeting cutters, polishers and traders, while in the pr...
Govt unveils ZIDA Southern Region office in Bulawayo
Tafadzwa ChinamoZim Now WriterIn a move that underscores its commitment to devolution and decentralisation, the Zimbabwean government has established a southern region branch of the Zimbabwe Investmen...
Caledonia goes for mixed funding approach to develop Bilboes
Caledonia Mining is considering various options to secure $250m (£206.06m) in necessary funding to support the development of the Bilboes gold mine in Zimbabwe, according to Reuters.Caledonia corporat...
Plans to export donkey milk to Zim spark debate
Zim Now WriterA Botswana company plans to export donkey milk to Zimbabwe, a proposal that has caused an uproar among consumer rights groups.The company, TAKUWA Natural Products, has said it is in the...
Zim’s export growth on the rise thanks to global commodity prices
Zim Now WriterZimbabwe’s export growth trajectory is on course, propelled by increased production and firming global commodity prices.This is according to data from the country’s export development in...
9500 jobs lost in 3 months as informal traders take over retail sector
Audrey Galawu and Patience MuchemwaTHE wholesale and retail trade sector has been hard-hit by the thriving informal sector, where smuggled goods including basic commodities are sold at relatively chea...
CZR crafts retail formalisation strategy policy
CZR president, Denford Mutashu Zim Now WriterThe Confederation of Zimbabwe Retailers has drafted a policy document geared at promoting the formalisation of the retail and wholesale sectors.“By promoti...
Weak platinum prices pressure Tharisa into postponing Karo mine commissioning
Tharisa realised an average PGM basket price of $1 893 per ounce in the year ended September 30, 26% lower than the average price of $2564 per ounce it received during the same period in 2022. Photo:...
Tanzania Ports Authority opening in Harare to make it easier to import for Zimbabweans
Tanzania Ports Authority has opened offices in HarareZim Now WriterThe Tanzania Ports Authority opened its first offices in Harare yesterday as it aims to enhance the ease of doing business and ensure...
Agric Ministry urges farmers not to plant yet
 Zim Now WriterFarmers have been discouraged farmers from planting with the Agriculture Ministry instead urging them to use the current rains to speed up land preparation.In a statement, Permanent Sec...