HARARE – Zimbabwe is accelerating reforms to transform its capital markets into a modern financing platform capable of mobilising long-term domestic and foreign investment, as Government shifts its focus from traditional bank lending towards more d...

NEW YORK – Hip-hop billionaire Jay-Z could be in line for a significant financial windfall as Indonesian coffee giant Kopi Kenangan explores plans for an initial public offering (IPO) that could value the fast-growing company at as much as US$1.4 b...

CHICAGO – Disgraced R&B singer R. Kelly has formally appealed to U.S. President Donald Trump for clemency, seeking to have his 30-year federal prison sentence commuted as his legal team claims the jailed musician faces serious threats to his sa...

MARONDERA – Proton Bakery, one of Zimbabwe’s largest bread manufacturers, is emerging as a major industrial success story in Mashonaland East, underlining the growing role of local manufacturing in supporting employment, food security and value-c...

HARARE – Zimbabwe has reached a significant milestone in its drive to move beyond raw mineral exports after successfully producing Africa’s first battery-grade lithium sulphate with a purity of at least 99.5%, marking a major step towards bui...

CAPE TOWN, South Africa — South Africa’s nuclear regulator said Thursday that no radioactive material leaked into the environment during three recent “contamination” events inside Africa’s only nuclear power station. The incidents involved ...

HARARE – RZM Murowa, operator of the Murowa Diamonds mine in Zvishavane, has been placed under voluntary corporate rescue, invoking a statutory moratorium that freezes all pending litigation, asset attachments and debt executions against the diamon...

BINDURA – State-owned Mutapa Gold Resources (MGR) has unveiled a US$212 million expansion programme aimed at sharply increasing gold production over the next three years, as the government pushes to boost bullion output to strengthen the country’...

HARARE – Varun Beverages’ reported interest in acquiring a controlling stake in Dairibord Holdings is increasingly being viewed by business analysts as a strategic response to mounting pressure on its core beverages business, rather than simp...

AS a newly appointed adviser to the President on environmental policies, Dilesh Nguwaya has an opportunity to move Zimbabwe’s environmental conversation beyond waste disposal and towards a national economic strategy centred on resource efficiency, ...