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.
Invictus geological survey complete
Zim Now WriterAustralian energy firm, Invictus Energy Limited yesterday announced the completion of its geological survey which mapped out potential gas and oil leads in preparation for the second exp...
The country owes nearly US$13bn to external debtors
TAKING SHAPE: The Manhize Steel Plant between Mvuma adnd ChivhuZim Now WriterZimbabwe is committed to servicing its debt despite the country’s poor economic performance over nearly three decades, Fina...
Low nutritional diets, parasites, poor fraying methods in cattle cost Zim leather sector, says NCC
Audrey GalawuDespite owning a fifth of the global livestock population, African countries account for about 4% and 3.3% of world leather production and value addition, respectively.Value addition in t...
Zim to export 40 000 tonnes of maize to East Africa
Zim Now WriterMinister of Land, Agriculture, Fisheries, Water and Resettlement Permanent Secretary John Basera confirmed the export of 40 000 tonnes of maize to East Africa and he is also targeting ce...
GZU launches traditional grains contract farming programme in Chiredzi
Patience MuchemwaThe people of Chibwedziwa in Chiredzi have applauded the Great Zimbabwe University for launching a traditional grains contract farming programme in their district.This comes as the Ma...
Arts and crafts sector suffers US$5.1m decline
Zim Now WriterThe local arts and crafts sector has suffered a US$5.1 million decline amid calls to sustain the witnessed brief recoveries for sustained growth, trade promotion agency ZimTrade has reve...
Forex shortages crippling leather sector, says National Competitiveness Commission
Audrey GalawuThe National Competitiveness Commission has lamented the shortage of foreign currency and taxation on the leather sector, citing that it is crippling the competitiveness of the value chai...
Zim welcomes 2 more airlines on Harare-Vic Falls route
Zim Now WriterThe Civil Aviation Authority of Zimbabwe welcomes two more airlines after granting them Foreign Operator Permits to fly from and to Harare and Victoria Falls.The two South African airlin...
Commission set to enhance competitiveness of sugar value chain
Audrey GalawuThe National Competitiveness Commission said it will continuously engage players in the sugar value chain, with particular focus on the farming node to enhance competitiveness of the valu...
Zim, Algeria energy MoU to benefit Muzarabani gas, oil exploration
Zim Now WriterZimbabwe and Algeria yesterday signed a Memorandum of Understanding in hydrocarbons which is a boost for the country’s natural gas and oil exploration activities following the confirmati...