Business

TAPIWA CHIRUME AGNES Kanhukamwe has officially taken the helm as Crown Bank’s new managing director, effective last month.A distinguished and accomplished banking professional, Kanhukamwe brings over 25 years of extensive financial sector expertise to the role.Her promotion marked a strategic milestone for the institution.“Her appointment marks an exciting new chapter for Crown Bank as we…

ZIMBABWE renewable energy drive has received a massive boost after the Great Zimbabwe Hydro Power Project secured a 25-year power purchase agreement with the Zimbabwe Electricity Transmission and Distribution Company (ZETDC).The project’s coordinator, Hilbert Chipfumbo, said the agreement marks a significant milestone in the development of the five-megawatt hydroelectric facility, providing long-term certainty for investors…

FELIX MHONA GOVERNMENT has suspended the operating licence for all omnibuses run by transport operator Blessing Matimbe after investigations into a fatal road accident exposed multiple breaches of road traffic and public transport regulations.The minister of Transport and Infrastructural Development, Felix Mhona, said the suspension was with effect from last Thursday following investigations into a…

Kudzanai Gerede THE country’s export earnings are set to increase to US$20 billion this year, a massive 23 percent up from the US$16,2 billion realised in 2025. Harare-based think tank, Africa Economic Devel­opment Strategies (AEDS), also says Zimbabwe’s exports will likely hit US$25 billion at the end of next year. Speaking at AEDS’ mid-term economic…

INDIA has reaffirmed its commitment to deepening economic cooperation with Zimbabwe, with Indian Ambassador to Zimbabwe Bramha Kumar saying the two countries will continue expanding collaboration in investment, technology, healthcare and entrepreneur­ship to deliver tangible benefits for their citizens. Speaking during a media briefing in Harare earlier this week on India’s National Family Health Survey-6,…

Hazel Marimbizain Bulawayo ZIMBABWE and Zambia have launched a joint skills and entrepreneurship training programme around the Never Muboko.The programme, organised by the African World Heritage Fund in partnership with the Zambezi River Authority (ZRA), ZimParks, and the Zambia National Heritage Conservation Commission, seeks to equip local stakeholders with the skills to develop community-driven businesses…

Tapiwa Chirume ECONET Wireless Zimbabwe has begun construction of the first phase of a solar and battery energy project that is expected to grow into a 100-megawatt power plant, marking one of the country’s most significant private-sector investments in renewable energy.The project forms the cornerstone of the company’s planned 800-acre Econet Tech City and is…

TAPIWA CHIRUME DIVERSIFIED agricultural, mining and construction group Zimplow Holdings Limited says its strategy to pivot revenue streams is paying off.Its Mealie Brand unit has swung back into profitability, comfortably beating its budget for the first five months of 2026 on the back of explosive export growth and a sharp rise in demand for mining…

KUDZANAI GEREDE ZIMBABWE’s National Quality Policy is in its final stages and will be tabled before Cabinet in the coming weeks as the government moves to strengthen product standards and industrial competitive­ness, Industry minister Mangaliso Ndlovu has said. Speaking at the Zimbabwe National Cham­ber of Commerce (ZNCC) annual congress in Victoria Falls this week, Ndhlovu…