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.
FDI inflows dry up, ZIDA now courting domestic investment
 The Zimbabwe Investment and Development Agency says there is need to facilitate and promote Foreign Direct Investment and Domestic Direct Investment following a decline in FDI in the country.Globally...
More renovations for Nando's after Bulawayo
 Simbisa Brands managing director, Warren Meares, has announced that Nando’s will be undertaking renovations for their outlets after relaunching Nando’s in Bulawayo.The branch was relaunched as Nando’...
BRICS Currency launch in SA: A game-changer for global economy and the decline of the US dollar
 In a seismic shift that could reshape the global financial landscape, the introduction of a new BRICS currency in South Africa this August has economists and policymakers on high alert.The de-dollari...
Invictus Energy optimistic as it marks Mukuyu-2 site
Zim Now WriterInvictus Energy has marked the site of the Mukuyu-2 well, approximately 6.8km north-east of their first expedition.“Selection of the Mukuyu-2 appraisal well location, refinement of the w...
RBZ warns people against pyramid schemes
Zim Now WriterThe Reserve Bank of Zimbabwe’s Financial Intelligence Unit has issued a stern warning to the public against investing in pyramid schemes to avoid losing their money.This follows a recent...
Low USD demand keeps Zim dollar resurgence on trend
 Zim Now WriterThe Zimbabwe dollar on Tuesday, 11 July gained against the US dollar on the Reserve Bank of Zimbabwe forex auction with a weighted average of $4 998.8352 with total bids taking up US$5...
17 pharmacies to lose licenses over exchange rate policy violations
Zim Now WriterGovernment is set to withdraw trading licences for 17 pharmacies suspended and cancelled for violating Government Policy and the country’s anti-money laundering regulations.This comes as...
Preserving indigenous African food systems through reconstructive writing
Charles DhewaScholars and thought leaders in the Global South are realizing that the best way of reversing the damage caused by colonialism on African food systems and intellectual heritage is not jus...
Bikita Minerals targets US$500 million 2023 export revenue as it trials production on new lithium processing plants
Zim Now writerLithium miner Bikita Minerals has announced it expects to earn US$500 million in exports and create more jobs after the successful completion of its new spodumene and petallite processin...
Farmfit blings up trendy young farmers
Audrey Galawu“Agripreneurship does not only focus on plant and animal production aspects. A lot of value chains surround agricultural world, for instance, technology and entertainment hence we need to...