🎂 Zim Now turns 4 on July 16, 2026
Category Archive

Business & Investment

Economic news, markets, and investment updates.

Explore Business Profiles →
Newsletter

Get the Zim Now Daily Brief

Business news, investment opportunities, market updates, and company insights.

Subscribe on Substack

You will complete your subscription on Substack.

Vengesayi challenged to substantiate US$30m lawsuit against Tourism ministry

Vengesayi challenged to substantiate US$30m lawsuit against Tourism ministry

House of Vengesayi Principal Architect, Arch. M.C.R VengesayiThe court has placed burden of proof on House of Vengesayi (Pvt) Ltd to substantiate their US$30 million bill for architectural services in...

By Monica Cheru •
Invictus ends 2022 with US$9m surplus on drilling investments

Invictus ends 2022 with US$9m surplus on drilling investments

AUSTRALIAN energy firm Invictus Energy Limited (IEL) ended the fourth quarter of last year with a surplus of AUD12,62 million (US$8,95 million) following a period of exploration in Zimbabwe’s Cabora B...

By Monica Cheru •
Invictus temporarily stops operations, takes down rig mast in Muzarabani

Invictus temporarily stops operations, takes down rig mast in Muzarabani

Zim Now WriterGeo Associates, which is 80 percent owned by Australian gas and energy firm, Invictus Energy, has announced that operations are being stopped temporarily but positive indications from in...

By Eddie Zvinonzwa •
Hydrocarbon zones brighten Invictus' Muzarabani prospects

Hydrocarbon zones brighten Invictus' Muzarabani prospects

Zim Now WriterAustralian oil and gas exploration firm, Invictus Energy, says it has identified 13 potential hydro-carbon-bearing zones across the Pebbly Arkose and Upper Angwa formations in the Muzara...

By Eddie Zvinonzwa •
Chipangura becomes first Australia KPMG partner "who looks like me"

Chipangura becomes first Australia KPMG partner "who looks like me"

 Audrey GalawuZimbabwean born, Australian-based Tax Expert Kudzai Chipangura has been appointed as a partner at KPMG, Sydney, Australia marking a new sign of diversity at the top.While the tax expert...

By Monica Cheru •
Zimra opens e-platform for local, forex tax returns

Zimra opens e-platform for local, forex tax returns

Audrey GalawuThe Zimbabwe Revenue Authority has announced that taxpayers can now pay tax returns for local currency and foreign currency, separately.In a statement, Zimra said tax payers can use the s...

By Eddie Zvinonzwa •
Caledonia moots US31m expansion projects

Caledonia moots US31m expansion projects

Zim Now WriterVictoria Falls Stocks Exchange-listed Caledonia Mining has earmarked US$31 million for expansion, of which US$28.8 million has been allocated to its flagship Blanket Gold Mine in Gwanda,...

By Eddie Zvinonzwa •
Minister bemoans high rentals, says they are beyond the reach of the SME sector

Minister bemoans high rentals, says they are beyond the reach of the SME sector

Minister Judith NcubeZim Now WriterThe rentals charged by established property developers are beyond the reach of many, particularly the micro, small to medium scale enterprises who are leasing to sel...

By Gilbert Munetsi •
OK Zimbabwe revenue to hit US$346m in 2023, says research firm

OK Zimbabwe revenue to hit US$346m in 2023, says research firm

Zim Now WriterRetail giant OK Zimbabwe is expecting to register a US dollar at US$346 million revenue in the 2023 financial year, figures from a research firm show.Inter Horizon Securities projected e...

By Eddie Zvinonzwa •
YWIB urges women to take up availed empowerment opportunities

YWIB urges women to take up availed empowerment opportunities

 Munyaradzi DomaWomen should take up empowerment opportunities so that they can change the unfair narrative which portrays them as weak and vulnerable, Concord Young Women in Business Global president...

By Monica Cheru •