Latest data from the Zimbabwe National Statistics Agency (Zimstat) shows that Zimbabwe exported goods worth $2,182bn to South Africa between January and November last year against imports of $1,997bn, giving a trade surplus of $185m.
Time Bank of Zimbabwe, one of only four remaining indigenous banks will finally open its doors to the public on Monday the 8th of January, after over a decade of dormancy and running court battles.
Diasporans, through the Zimbabwe-South Africa (Zim-SA) Forum, plan to invest about $800 million in the country, targeting agriculture, aviation and mining sectors.
Clinigen Group has extended its exclusive agreement with Eisai Europe to obtain the marketing authorisation and subsequently launch Halaven (eribulin), Fycompa (perampanel) and Lenvima (lenvatinib) into 10 African countries.
For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
Zimbabwe will welcome the support of the African Export-Import Bank as it seeks to re-engage with the international and business communities, Emerson Mnangagwa, the country’s new President, has said in Harare.
Daimler Trucks & Buses Southern Africa, under the banner of ZIMOCO has unveiled SelecTrucks Zimbabwe. The new centre is located at the Harare Showgrounds.
Zimbabwe continues to witness a growth in mobile financial services with the latest figures from the Reserve Bank of Zimbabwe (RBZ) showing that transactions worth US$11 billion were processed during the nine months to 30 September 2017.
Pan-African broadcaster Kwese TV has launched mobile television service Kwese TV Everywhere (TVE) in Zimbabwe, enabling customers to tether their decoder channels to their phones.
The Government of Zimbabwe and the Zimbabwe Reconstruction Fund (ZIMREF) have launched the Public Expenditure and Financial Accountability (PEFA) (2017/2018) assessment and evaluation method.
[South Africa] Brainworks becomes first Zimbabwean company to have primary listing on the Johannesburg Stock Exchange
Brainworks Limited has listed in the Equity Investments Instruments sector on the main board of the JSE.
South Africa has signed five strategic agreement and memoranda of understanding with the government of the Republic of Zimbabwe which aim to strengthen bilateral relations between the neighboring countries, in Pretoria.
The Case IH Training Academy, a new initiative to encourage best practice in Zimbabwean agriculture, has been officially opened by Matthew Foster, Vice President in charge of Agricultural Commercial Development for Europe, the Middle East and Africa.
TheAfrican Export-Import Bank has embarked on a concept to transform its buildings into iconic business complexes with integrated one-stop trade services shop, the President, Dr. Benedict Oramah, has announced in Harare.
TheAfrican Export-Import Bank (Afreximbank) has entered into a memorandum of understanding (MOU) to provide a $600-million line of credit to the Reserve Bank of Zimbabwe (RBZ).
SSP has signed a new deal with the Masawara Group of insurance companies. The deal has seen SSP Pure Insurance deployed across Botswana Insurance Co., Lion Assurance Co. and Zimnat Lion Insurance Co. in multiple African territories.
Zimbabwe’ national carrier Air Zimbabwe has signed contracts with global Information Technology solutions provider for the aviation industry Seabury Solutions for Alkym® Management and Control System for Aircraft Maintenance.
Ms. R. Mukami Kariuki, a Kenyan National, is the new World Bank Country Manager for Zimbabwe.
The Government of Zimbabwe has secured USD242 million from the European Union (EU) and the Food and Agriculture Organization (FAO to support the agriculture sector.
FBC Insurance has chosen to support the growth of its Zimbabwean general insurance business in line with its strategic objectives using SSP’s digital insurance platform, SSP Pure Insurance.
The Government of Zimbabwe, with support from IOM, the UN Migration Agency, and the European Union, convened a high level discussion to develop the country’s 2017–2022 National Diaspora Policy Implementation Action Plan
The World Bank Group, the Reserve Bank of Zimbabwe, and the Zimbabwe Reconstruction Fund have commenced a three-day conference on Small and Medium Enterprise Finance in Zimbabwe.
Increased use of plastic money in transacting propelled the value of transactions through point of sale terminals beyond $1 billion in the four months to April 2017.
fastjet enters agreement to acquire brand intellectual property rights from Sir Stelios Haji-Ioannou
fastjet, the low-cost African airline, is providing an update on trading for the period from 1 January 2017 to date, ahead of its Annual General Meeting to be held.
The official launch of Zimbabwe’s Support to Beef and Leather Value Chain Technical Assistance Project took place on June 15th, 2017 in Harare, attracting more than 100 participants.
African Property Group is launching eight new websites in emerging African nations that will allow the populations to search for properties, using their computers or mobile phones.
fastjet has increased the number of flights on its route between Johannesburg and Harare, and launched a fifth seasonal flight from Harare to Victoria Falls.
Telecel is set to expand its network coverage and launch LTE following a government brokered $200 million finance deal.
[Zimbabwe] Oxygen Energy Private Limited receives $965,000 for off grid solar rooftop project on buildings
The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) has approved a US$ 965,000 grant to Oxygen Energy Private Limited to support the preparation of a bankable business case for the development of a 20MW off-grid solar PV rooftop project on buildings owned and managed by Old Mutual Property Group Zimbabwe countrywide.
Pan Africa media content creator Orama Media Group (OMG) is set to launch an Africa wide business analysis programme titled This Week in Africa.
Fast growing strategic communications firm KG&A Advertising has secured a partnership with pan African broadcast content provider, Orama Media Group to manage its media space and offer strategic research across Africa for its soon-to-be-launched This Week in Africa business programme.
Agronomists are advocating for conservation agriculture (CA) and growing of crop varieties to improve crop yields.
Zimbabwe is hoping to enlist cows, goats and sheep in an attempt to revive its credit-starved economy after President Robert Mugabe’s ruling party proposed a law to make livestock eligible for backing bank loans.
The World Food Programme (WFP), together with the Government of Zimbabwe, launched a five-year plan today to build resilience, end hunger and boost nutrition in country.
Financial services group Sanlam is set to announce further investment in Zimbabwe’s Masawara Insurance, increasing its stake in the company beyond the 40 percent it holds.
Barclays has received a firm offer for one of the African operations it intends to sell.
Africa Development Bank Group Director General (DG), Southern Africa Regional Development and Business Delivery Office, Tonia Kandiero, and Zimbabwe’s Finance and Economic Development Minister, P.A. Chinamasa, signed a grant agreement on the Institutional support for State enterprise reform and delivery project (ISERDP) for a total amount of $4 million
The African Development Bank and the Government of Zimbabwe officially launched three projects worth US $26 million that were recently approved by the Bank’s Board of Directors.
Pure Oil Industries (Pvt) Ltd, the manufacturer of ZimGold cooking oil, has invested US$6 million in new projects as it seeks to consolidate its grip on the local market in the wake of growing local demand. Over the past three years, the company has grown fromproducing 1,4 million litres per month to seven million litres.