CSC gets US$9m injection to settle local debts

MIF’s milestone follows the April approval of a revival plan crafted by CSC corporate rescue practitioner Crispen Mwete, aimed at resuscitating what was once Africa’s largest integrated meat processor
By Tinashe Kairiza Aug. 1, 2025

Create policies to prop up investment: Mutapa Investment Fund boss

The Fund is dedicated to providing strategic leadership and oversight to the portfolio companies, to ensure value and wealth creation, and ultimately economic growth.             
By Nhau Mangirazi Jul. 25, 2025

Mangudya calls for stronger investor-focused risk management

Such investments require at least US$2 billion, according to government estimates.
By Ashton Ndakusiya Jun. 30, 2025

PowerTel to widen fibre optic network

The company operates a licensed optic fibre backbone network under the Postal and Telecommunications Regulatory Authority of Zimbabwe.
By Ashton Ndakusiya Jun. 27, 2025

Africa's trade finance gap requires systemic overhaul, says ex-RBZ Governor

His remarks come as Fitch downgraded Afreximbank recently, citing rising credit risks—a move critics argue reflects structural biases in global rating agencies.  
By Mthandazo Nyoni Jun. 26, 2025

Govt clarifies US$1,9 billion Kuvimba deal

MIF chief executive John Mangudya said the bonds, with a 10-year tenure and a three-year grace period, were issued as a loan from Treasury.
By Mthandazo Nyoni Apr. 25, 2025
Premium

Union demands transparency in Zesa’s US$350m power deal

Workers are eager to understand their fate once the transaction is finalised.
By Julia Ndlela Feb. 21, 2025

MPs demand answers over US$16b fund

Dzivaresekwa legislator Edwin Mushoriwa noted the significant financial risks associated with the Fund, given the government's substantial loans to Mutapa and the potential for losses.
By Harriet Chikandiwa Dec. 22, 2024