Business

HAZEL MARIMBIZA NATIONAL Railways of Zimbabwe(NRZ) has partnered with Beitbridge Bulawayo Railway(BBR) to transport lithium concentrate from Gwanda to Mozambique’s Maputo Port for global export.In a statement yesterday, the NRZ said the partnership commenced with the departure of the first train carrying 1 000 tonnes of lithium concentrate from the newly-commissioned BBR West Nicholson rail…

Brandon JosphatPOLITICAL EDITOR ZIMBABWE’S mineral export earnings have surged by 84 percent to US$2.532 billion during the first half of 2026, driven by rising global demand and local value addition.Figures released by the Minerals Marketing Corporation of Zimbabwe (MMCZ) show export earnings rose from US$1.376 billion during the corresponding period last year, reflecting improved performance…

KUDZAI GEREDE A syndicate of local banks is expected to sign loan agreements of up to US$125 million with Mutapa Gold Resources this coming week to finance the miner’s expansion programme at Shamva and Jena mines.The funding package is expected to support projects aimed at significantly increasing gold output across Mutapa Gold Resources’ mining operations…

THIS year’s buyers’ programme running alongside the Mine Entra exhibition in Bulawayo from July 29 to 31 is expected to strengthen business linkages in Zimbabwe’s mining sector by connecting procurement executives with suppliers and service providers.The Mine Entra Buyers Programme, which will be held at the Zimbabwe International Conference and Exhibition Smart City (ZICES), seeks…

RUTENDO NGARA THE government says increased investment in agricultural mechanisation is transforming Zimbabwe’s farming sector by reducing harvest losses, improving productivity and enabling farmers to prepare more efficiently for successive cropping seasons.Speaking to the media on Friday at Ruargo Farm in Mashonaland East Province, the director of mechanisation in the ministry of Agriculture, Nhlanhla Magama,…

Hazel Marimbizain Bulawayo ORGANISERS of Mine Entra say this year’s exhibition will focus on value addition to maximise Zimbabwe’s mineral wealth returns.The annual exhibition, to be held at the end of this month under the theme “Unearth, Transform, Prosper: Anchoring Economic Transformation through Mining Value Chains,” would focus on mineral exploration, processing, skills development and…

POLITICAL EDITOR TELECEL Zimbabwe creditors will meet next week to consider and adopt the company’s voluntary corporate rescue plan.The meeting follows the placement of the country’s third-largest mobile network operator under voluntary corporate rescue last year after its board of directors resolved to initiate the business rehabilitation process.According to a notice issued yesterday by corporate…

Tapiwa ChirumeSTAFF WRITER GOVERNMENT is moving to remove taxation and regulatory barriers in aviation to boost competitiveness and attract vital foreign investment.Speaking on behalf of the minister of Transport and Infrastructural Development, Felix Mhona, at the Zimbabwe Aviation Development and Taxation Forum in Harare yesterday, acting director of Air Accidents and Incidents Investigation Takudzwa Chipadza…

TAPIWA CHIRUME ZIMBABWE’S digital transformation agenda, a key part of national planning, demands highly reliable information communication technology (ICT) statistics, a top official says.Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) director general Gift Machengete made the remarks during the launch of the 2025 ICT Access by Households and Use by Individuals Survey Report in…