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.
BAT to Shut South Africa’s Last Cigarette Factory After 70 Years
 British American Tobacco will shut down its only remaining manufacturing facility in South Africa by the end of 2026, marking the end of local cigarette production after more than seven decades of op...
Cluster Mining Model Set to Drive Record Gold Output in 2026
  Zimbabwe’s artisanal and small-scale mining sector is positioning itself for record gold deliveries in 2026 following the rollout of a nationwide cluster mining model aimed at accelerating mechanisa...
Tanganda Weighs US$8m Rights Issue as Cash Pressures Mount
 Listed tea producer Tanganda Tea Company Limited is still weighing a proposed US$8 million capital raise through a rights issue as it seeks to stabilise its working capital position and revive stalle...
Caledonia Hits 2025 Targets, Eyes Major Expansion with US$135m Growth Push
 New York Stock Exchange-listed gold miner Caledonia Mining Corporation Plc has reported that gold production at its Blanket Mine in Zimbabwe met guidance for the 2025 financial year, while the compan...
RBZ Reserves Hit US$1.2bn, but Cover Still Thin
 Zimbabwe’s foreign currency reserves climbed to US$1.2 billion by end-December 2025, marking a significant credibility gain for monetary authorities. However, the buffer still provides just 1.5 month...
StanChart to Sell Entire Botswana Business as Africa Retreat Continues
 Standard Chartered PLC has announced plans to explore the sale of its entire Botswana franchise, extending its gradual withdrawal from several African markets, including Zimbabwe, Angola and Zambia.T...
Zimbabwe Puts Billion-Dollar Projects on the Table as ZIDA Rolls Out 2025 Investment Pipeline
 Zimbabwe is rolling out a broad slate of high-value investment opportunities as it steps up efforts to attract both local and foreign capital into strategic sectors of the economy.The Zimbabwe Invest...
Zimbabwean-Born Finance Professional Fungai Chatema Lands Top Executive Role at Global Investment Giant Morgan Stanley
 Zimbabwean-born finance professional Fungai Chatema, CFA, MBA, has landed a senior executive position at one of the world’s most powerful investment banks, Morgan Stanley, after being promoted to Vic...
Mutapa’s New REIT Set to Monetise Decades of Idle NRZ and CSC assets
 Mutapa Investment Fund plans to establish a Real Estate Investment Trust (REIT) to unlock value from its portfolio of dormant and underutilised properties, including significant assets held by entiti...
Rio Tinto Moves to Swallow Glencore in US$207B Mega-Merger"
 Rio Tinto (RIO.L) has confirmed it is in preliminary discussions to acquire Glencore (GLEN.L).The potential all-share merger, valued at approximately US$207 billion, would create the world’s largest...